ENOMOTO Co (TSE:6928) Days Payable: 48.96 (As of Mar. 2026) — 47% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6928 ENOMOTO Co Ltd TSE:6928
79 GF Score
Price 円2,878.00
GF Value 円1,842.59
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is ENOMOTO Co Days Payable?

ENOMOTO Co TSE:6928 +0.98% 79 Days Payable is 48.96 as of Mar. 2026, which is 47% below its 10-year median of 93.17. GuruFocus rates TSE:6928 with a GF Score™ of 79/100 and a GF Value™ of 円1,842.59 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,443 Hardware companies, ENOMOTO Co ranks worse than 66.52% on this metric.

ENOMOTO Co's average Accounts Payable for the six months ended in Mar. 2026 was 円3,549 Mil. ENOMOTO Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円13,227 Mil. Hence, ENOMOTO Co's Days Payable for the six months ended in Mar. 2026 was 48.96.

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

TSE:6928' s Days Payable Range Over the Past 10 Years
Min: 49.47   Med: 93.17   Max: 101.84
Current: 52.05

During the past 13 years, ENOMOTO Co's highest Days Payable was 101.84. The lowest was 49.47. And the median was 93.17.

TSE:6928's Days Payable is ranked worse than
66.52% of 2443 companies
in the Hardware industry
Industry Median: 69.94 vs TSE:6928: 52.05

ENOMOTO Co's Days Payable declined from Mar. 2025 (79.28) to Mar. 2026 (48.96). It may suggest that ENOMOTO Co accelerated paying its suppliers.


ENOMOTO Co Days Payable Historical Data

* Premium members only.

The historical data trend for ENOMOTO Co'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.

ENOMOTO Co Days Payable Chart

ENOMOTO Co 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 90.29 96.04 98.02 70.50 49.47

ENOMOTO Co 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 86.29 90.15 79.28 57.91 48.96

TSE:6928 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, ENOMOTO Co'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.


ENOMOTO Co Days Payable vs Hardware Industry

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

* The bar in red indicates where ENOMOTO Co's Days Payable falls into.


TSE:6928
79GF Score
ENOMOTO Co Ltd TSE:6928
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ENOMOTO Co 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.

ENOMOTO Co'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
=( (3968.966 + 3042.876) / 2 ) / 25868.576*365
=3505.921 / 25868.576*365
=49.47

ENOMOTO Co'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
=( (4054.238 + 3042.876) / 2 ) / 13226.717*365 / 2
=3548.557 / 13226.717*365 / 2
=48.96

* 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 48.96 mean?
ENOMOTO Co (TSE:6928) has a Days Payable of 48.96 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 ENOMOTO Co and its competitors. This is 47% below median its historical median of 93.17. Over the past decade, ENOMOTO Co's Days Payable has ranged from 49.47 to 101.84. According to the industry distribution chart, ENOMOTO Co ranks #1625 out of 2443 companies in the Hardware industry, placing it in the top 66.5%.
Is ENOMOTO Co's Days Payable too high?
ENOMOTO Co's current Days Payable of 48.96 is 47% below median its 10-year median of 93.17. Over the past 10 years, this metric has ranged from a low of 49.47 to a high of 101.84. The Hardware industry median Days Payable is 69.94. ENOMOTO Co's value of 48.96 is 30% below this industry median. Based on the distribution chart, ENOMOTO Co ranks #1625 out of 2443 companies in the Hardware industry, which is below the industry midpoint. Overall, ENOMOTO Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENOMOTO Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, ENOMOTO Co ranks #1625 out of 2443 companies for Days Payable. This places ENOMOTO Co in the lower half of its industry. The industry median Days Payable is 69.94. ENOMOTO Co's value of 48.96 is 30% below this benchmark. Historically, ENOMOTO Co's own Days Payable has ranged from 49.47 to 101.84 over the past decade. While the company's 10-year median is 93.17 vs. the industry median of 69.94, ENOMOTO Co 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 69.94, based on 2,443 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. ENOMOTO Co's current Days Payable of 48.96 is 30% 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 ENOMOTO Co and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENOMOTO Co's current Days Payable is 48.96, which is 47% below median its own 10-year median of 93.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENOMOTO Co stock overvalued right now?
Based on GuruFocus' analysis, ENOMOTO Co (TSE:6928) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,842.59, compared to a current price of 円2,878.00 — trading 56.2% above its estimated fair value. The current Days Payable is 48.96, which is 47% below median its 10-year median of 93.17 and 30% below the Hardware industry median of 69.94. ENOMOTO Co's overall GF Score™ is 79/100 with 5 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 ENOMOTO Co (TSE:6928), the current Days Payable is 48.96 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 ENOMOTO Co (TSE:6928) Overvalued in 2026?

Based on GuruFocus' analysis, ENOMOTO Co stock appears to be overvalued. The current stock price of 円2,878.00 is trading 56.2% above its estimated GF Value™ of 円1,842.59. GuruFocus considers ENOMOTO Co to be Significantly Overvalued.

Key valuation signals for TSE:6928:

  • Days Payable: 48.96 (47% below median its 10-year median of 93.17)
  • GF Value™: 円1,842.59 vs. price of 円2,878.00 (56.2% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 30% below the Hardware median (#1625 of 2443)

No single metric tells the full story. See the TSE:6928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ENOMOTO Co Business Description

Address 8154-19 Uenohara, Yamanashi, Uenohara, JPN
ENOMOTO Co Ltd is a precision component manufacturer. It is mainly engaged in manufacturing light-emitting diode (LED) lead frames and has production bases in Japan, China and the Philippines. Products offered by the company include lead frames for integrated circuit, (IC), transistor, LED and electronic parts.
79GF Score

Get the complete analysis for TSE:6928

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

円2,878.00
Price
円1,842.59
GF Value