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Hioki E.E.TSE:6866 -1.05%92 Days Payable is 15.17 as of Dec. 2025, which is 4% below its 10-year median of 15.85. GuruFocus rates TSE:6866 with a GF Score™ of 92/100 and a GF Value™ of 円8,086.23 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,445 Hardware companies, Hioki E.E. ranks worse than 96.2% on this metric.
Hioki E.E.'s average Accounts Payable for the
three
months ended in Dec. 2025 was 円957 Mil. Hioki E.E.'s Cost of Goods Sold for the
three
months ended in Dec. 2025 was 円5,758 Mil.
Hence, Hioki E.E.'s Days Payable for the
three
months ended in Dec. 2025 was 15.17.
The historical rank and industry rank for Hioki E.E.'s Days Payable or its related term are showing as below:
TSE:6866'
s Days Payable Range Over the Past 10 Years
Min: 13.11 Med: 15.85 Max: 20.6
Current: 16.47
During the past 13 years, Hioki E.E.'s highest Days Payable was 20.60. The lowest was 13.11. And the median was 15.85.
TSE:6866's Days Payable is ranked worse than 96.2% of 2445
companies
in the Hardware industry
Industry Median: 70.06
vs TSE:6866: 16.47
Hioki E.E.'s Days Payable
increased
from Dec. 2024 (13.02) to Dec. 2025 (15.17).
It may suggest that Hioki E.E.delayed paying its suppliers.
Hioki E.E. Days Payable Related Terms
Hioki E.E. Days Payable Historical Data
* Premium members only.
The historical data trend for Hioki E.E.'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.
TSE:6866 vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Hioki E.E.'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.
Hioki E.E. Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Hioki E.E.'s Days Payable distribution charts can be found below:
* The bar in red indicates where Hioki E.E.'s Days Payable falls into.
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.
Hioki E.E.'s Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Hioki E.E. (TSE:6866) has a Days Payable of 15.17 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hioki E.E. and its competitors. This is near median its historical median of 15.85. Over the past decade, Hioki E.E.'s Days Payable has ranged from 13.11 to 20.60. According to the industry distribution chart, Hioki E.E. ranks #2352 out of 2445 companies in the Hardware industry, placing it in the top 96.2%.
Is Hioki E.E.'s Days Payable too high?
Hioki E.E.'s current Days Payable of 15.17 is near median its 10-year median of 15.85. Over the past 10 years, this metric has ranged from a low of 13.11 to a high of 20.60. The Hardware industry median Days Payable is 70.06. Hioki E.E.'s value of 15.17 is 78.3% below this industry median. Based on the distribution chart, Hioki E.E. ranks #2352 out of 2445 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Hioki E.E. has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hioki E.E.'s Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hioki E.E. ranks #2352 out of 2445 companies for Days Payable. This places Hioki E.E. in the lower half of its industry. The industry median Days Payable is 70.06. Hioki E.E.'s value of 15.17 is 78.3% below this benchmark. Historically, Hioki E.E.'s own Days Payable has ranged from 13.11 to 20.60 over the past decade. While the company's 10-year median is 15.85 vs. the industry median of 70.06, Hioki E.E. 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. Hioki E.E.'s current Days Payable of 15.17 is 78.3% 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 Hioki E.E. 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. Hioki E.E.'s current Days Payable is 15.17, which is near median its own 10-year median of 15.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hioki E.E. stock overvalued right now?
Based on GuruFocus' analysis, Hioki E.E. (TSE:6866) is currently considered Significantly Overvalued. The stock's GF Value™ is 円8,086.23, compared to a current price of 円11,270.00 — trading 39.4% above its estimated fair value. The current Days Payable is 15.17, which is near median its 10-year median of 15.85 and 78.3% below the Hardware industry median of 70.06. Hioki E.E.'s overall GF Score™ is 92/100 with 1 warning sign 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 Hioki E.E. (TSE:6866), the current Days Payable is 15.17 as of Dec. 2025. 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 Hioki E.E. (TSE:6866) Overvalued in 2026?
Based on GuruFocus' analysis, Hioki E.E. stock appears to be overvalued.
The current stock price of 円11,270.00 is trading 39.4% above its estimated GF Value™ of 円8,086.23.
GuruFocus considers Hioki E.E. to be Significantly Overvalued.
Key valuation signals for TSE:6866:
Days Payable: 15.17 (near median its 10-year median of 15.85)
GF Value™: 円8,086.23 vs. price of 円11,270.00 (39.4% above fair value)
Industry Position: 78.3% below the Hardware median (#2352 of 2445)
No single metric tells the full story. See the TSE:6866 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hioki E.E. Corp is engaged in the manufacturing of finest electrical test and measuring instruments. Its Electrical measuring instruments are versatile tools used across a wide range of fields, including product R&D, production, and maintenance inspections of electrical work. The company provides four main categories of products: automatic testing systems, recording equipment, electronic measuring instruments, and field measuring devices.
92GF Score
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