NF Holdings (TSE:6864) Days Payable: 17.29 (As of Mar. 2026) — 64% Below Median

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TSE:6864 NF Holdings Corp TSE:6864
70 GF Score
Price 円1,546.00
GF Value 円1,151.30
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is NF Holdings Days Payable?

NF Holdings TSE:6864 -3.50% 70 Days Payable is 17.29 as of Mar. 2026, which is 64% below its 10-year median of 48.53. GuruFocus rates TSE:6864 with a GF Score™ of 70/100 and a GF Value™ of 円1,151.30 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,445 Hardware companies, NF Holdings ranks worse than 94.76% on this metric.

NF Holdings's average Accounts Payable for the six months ended in Mar. 2026 was 円300 Mil. NF Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,168 Mil. Hence, NF Holdings's Days Payable for the six months ended in Mar. 2026 was 17.29.

The historical rank and industry rank for NF Holdings's Days Payable or its related term are showing as below:

TSE:6864' s Days Payable Range Over the Past 10 Years
Min: 19.11   Med: 48.53   Max: 89.65
Current: 19.11

During the past 13 years, NF Holdings's highest Days Payable was 89.65. The lowest was 19.11. And the median was 48.53.

TSE:6864's Days Payable is ranked worse than
94.76% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs TSE:6864: 19.11

NF Holdings's Days Payable declined from Mar. 2025 (18.66) to Mar. 2026 (17.29). It may suggest that NF Holdings accelerated paying its suppliers.


NF Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for NF Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NF Holdings Days Payable Chart

NF Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.82 33.40 27.35 22.50 20.88

NF Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.74 28.77 18.66 19.43 17.29

TSE:6864 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, NF Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NF Holdings Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, NF Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where NF Holdings's Days Payable falls into.


TSE:6864
70GF Score
NF Holdings Corp TSE:6864
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NF Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

NF Holdings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (284.959 + 359.956) / 2 ) / 5636.343*365
=322.4575 / 5636.343*365
=20.88

NF Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (240.519 + 359.956) / 2 ) / 3168.244*365 / 2
=300.2375 / 3168.244*365 / 2
=17.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 17.29 mean?
NF Holdings (TSE:6864) has a Days Payable of 17.29 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on NF Holdings and its competitors. This is 64% below median its historical median of 48.53. Over the past decade, NF Holdings' Days Payable has ranged from 19.11 to 89.65. According to the industry distribution chart, NF Holdings ranks #2317 out of 2445 companies in the Hardware industry, placing it in the top 94.8%.
Is NF Holdings' Days Payable too high?
NF Holdings' current Days Payable of 17.29 is 64% below median its 10-year median of 48.53. Over the past 10 years, this metric has ranged from a low of 19.11 to a high of 89.65. The Hardware industry median Days Payable is 70.06. NF Holdings' value of 17.29 is 75.3% below this industry median. Based on the distribution chart, NF Holdings ranks #2317 out of 2445 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, NF Holdings has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NF Holdings' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, NF Holdings ranks #2317 out of 2445 companies for Days Payable. This places NF Holdings in the lower half of its industry. The industry median Days Payable is 70.06. NF Holdings' value of 17.29 is 75.3% below this benchmark. Historically, NF Holdings' own Days Payable has ranged from 19.11 to 89.65 over the past decade. While the company's 10-year median is 48.53 vs. the industry median of 70.06, NF Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Hardware company?
The median Days Payable among Hardware companies is 70.06, based on 2,445 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NF Holdings's current Days Payable of 17.29 is 75.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on NF Holdings and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NF Holdings's current Days Payable is 17.29, which is 64% below median its own 10-year median of 48.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NF Holdings stock overvalued right now?
Based on GuruFocus' analysis, NF Holdings (TSE:6864) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,151.30, compared to a current price of 円1,546.00 — trading 34.3% above its estimated fair value. The current Days Payable is 17.29, which is 64% below median its 10-year median of 48.53 and 75.3% below the Hardware industry median of 70.06. NF Holdings' overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For NF Holdings (TSE:6864), the current Days Payable is 17.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NF Holdings (TSE:6864) Overvalued in 2026?

Based on GuruFocus' analysis, NF Holdings stock appears to be overvalued. The current stock price of 円1,546.00 is trading 34.3% above its estimated GF Value™ of 円1,151.30. GuruFocus considers NF Holdings to be Significantly Overvalued.

Key valuation signals for TSE:6864:

  • Days Payable: 17.29 (64% below median its 10-year median of 48.53)
  • GF Value™: 円1,151.30 vs. price of 円1,546.00 (34.3% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 75.3% below the Hardware median (#2317 of 2445)

No single metric tells the full story. See the TSE:6864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NF Holdings Business Description

Address 6-3-20 Tsunashimahigashi, Kohoku-ku, Kanagawa Prefecture, Yokohama, JPN, 223-8508
NF Holdings Corp is engaged in providing solutions in measurement and control in Japan. The company is engaged in development, manufacture, and sale of control device-related, power supply control-related, environmental energy-related, and other related equipment, as well as related calibration and repair services.
70GF Score

Get the complete analysis for TSE:6864

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,546.00
Price
円1,151.30
GF Value