Nippon Antenna Co (TSE:6930) Days Payable: 46.36 (As of Sep. 2025) — 35% Below Median


TSE:6930 Nippon Antenna Co Ltd TSE:6930
36 GF Score
Price 円823.00
GF Value 円435.28
! 6 Warning Signs
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What is Nippon Antenna Co Days Payable?

Nippon Antenna Co TSE:6930 +0.24% 36 Days Payable is 46.36 as of Sep. 2025, which is 35% below its 10-year median of 70.82. GuruFocus rates TSE:6930 with a GF Score™ of 36/100 and a GF Value™ of 円435.28. The stock has 6 warning signs investors should review.

Nippon Antenna Co's average Accounts Payable for the six months ended in Sep. 2025 was 円805 Mil. Nippon Antenna Co's Cost of Goods Sold for the six months ended in Sep. 2025 was 円3,169 Mil. Hence, Nippon Antenna Co's Days Payable for the six months ended in Sep. 2025 was 46.36.

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

TSE:6930' s Days Payable Range Over the Past 10 Years
Min: 42.87   Med: 70.82   Max: 84.58
Current: 42.87

During the past 13 years, Nippon Antenna Co's highest Days Payable was 84.58. The lowest was 42.87. And the median was 70.82.

TSE:6930's Days Payable is not ranked
in the Hardware industry.
Industry Median: 69.91 vs TSE:6930: 42.87

Nippon Antenna Co's Days Payable declined from Sep. 2024 (63.98) to Sep. 2025 (46.36). It may suggest that Nippon Antenna Co accelerated paying its suppliers.


Nippon Antenna Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nippon Antenna 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.

Nippon Antenna Co Days Payable Chart

Nippon Antenna Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.53 67.92 73.34 76.62 65.89

Nippon Antenna Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 73.58 63.24 63.98 41.69 46.36

TSE:6930 vs CSCO, MSI, UI: Days Payable Comparison

For the Communication Equipment subindustry, Nippon Antenna 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.


Nippon Antenna Co Days Payable vs Hardware Industry

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

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


TSE:6930
36GF Score
Nippon Antenna Co Ltd TSE:6930
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Antenna 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.

Nippon Antenna Co's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (1568 + 853) / 2 ) / 6706*365
=1210.5 / 6706*365
=65.89

Nippon Antenna Co's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (853 + 757) / 2 ) / 3169*365 / 2
=805 / 3169*365 / 2
=46.36

* 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 46.36 mean?
Nippon Antenna Co (TSE:6930) has a Days Payable of 46.36 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nippon Antenna Co and its competitors. This is 35% below median its historical median of 70.82. Over the past decade, Nippon Antenna Co's Days Payable has ranged from 42.87 to 84.58.
Is Nippon Antenna Co's Days Payable too high?
Nippon Antenna Co's current Days Payable of 46.36 is 35% below median its 10-year median of 70.82. Over the past 10 years, this metric has ranged from a low of 42.87 to a high of 84.58. The Hardware industry median Days Payable is 69.91. Nippon Antenna Co's value of 46.36 is 33.7% below this industry median. Overall, Nippon Antenna Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Antenna Co's Days Payable compare to CSCO and MSI?
Nippon Antenna Co's Days Payable of 46.36 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.91. Nippon Antenna Co's value of 46.36 is 33.7% below this benchmark. Historically, Nippon Antenna Co's own Days Payable has ranged from 42.87 to 84.58 over the past decade. While the company's 10-year median is 70.82 vs. the industry median of 69.91, Nippon Antenna 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 69.91, based on 2,436 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. Nippon Antenna Co's current Days Payable of 46.36 is 33.7% 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 Nippon Antenna Co and its competitors. For the Hardware industry, the median Days Payable is 69.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Antenna Co's current Days Payable is 46.36, which is 35% below median its own 10-year median of 70.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Antenna Co stock overvalued right now?
Nippon Antenna Co (TSE:6930) has a current Days Payable of 46.36. The stock's GF Value™ is 円435.28, compared to a current price of 円823.00 — trading 89.1% above its estimated fair value. The current Days Payable is 46.36, which is 35% below median its 10-year median of 70.82 and 33.7% below the Hardware industry median of 69.91. Nippon Antenna Co's overall GF Score™ is 36/100 with 6 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 Nippon Antenna Co (TSE:6930), the current Days Payable is 46.36 as of Sep. 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 Nippon Antenna Co (TSE:6930) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Antenna Co stock appears to be overvalued. The current stock price of 円823.00 is trading 89.1% above its estimated GF Value™ of 円435.28.

Key valuation signals for TSE:6930:

  • Days Payable: 46.36 (35% below median its 10-year median of 70.82)
  • GF Value™: 円435.28 vs. price of 円823.00 (89.1% above fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 33.7% below the Hardware median

No single metric tells the full story. See the TSE:6930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Antenna Co Business Description

Address 7-49-8 Nishi Ogu, Arakawa-ku, Tokyo, JPN
Nippon Antenna Co Ltd manufactures and sale of antennas for telecommunications, automobiles, and electronic equipment. The its products include satellite, mobile phones, television reception antennas, and satellite broadcasting, cable television (CATV), CATV Internet, satellite reception and radio wave interference counter measures.
36GF Score

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

円823.00
Price
円435.28
GF Value