Nippon Avionics CoTSE:6946 -1.90%86 Days Payable is 42.20 as of Mar. 2026, which is 46% below its 10-year median of 78.58. GuruFocus rates TSE:6946 with a GF Score™ of 86/100 and a GF Value™ of 円4,241.65 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,987 Industrial Products companies, Nippon Avionics Co ranks worse than 74.56% on this metric.
The historical rank and industry rank for Nippon Avionics Co's Days Payable or its related term are showing as below:
TSE:6946'
s Days Payable Range Over the Past 10 Years
Min: 43.91 Med: 78.58 Max: 94.03
Current: 43.91
During the past 13 years, Nippon Avionics Co's highest Days Payable was 94.03. The lowest was 43.91. And the median was 78.58.
TSE:6946's Days Payable is ranked worse than 74.56% of 2987
companies
in the Industrial Products industry
Industry Median: 78.05
vs TSE:6946: 43.91
Nippon Avionics Co's Days Payable
increased
from Mar. 2025 (34.79) to Mar. 2026 (42.20).
It may suggest that Nippon Avionics Codelayed paying its suppliers.
Nippon Avionics Co Days Payable Related Terms
Nippon Avionics Co Days Payable Historical Data
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The historical data trend for Nippon Avionics 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.
For the Electrical Equipment & Parts subindustry, Nippon Avionics 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 Avionics Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nippon Avionics Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Nippon Avionics Co'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.
Nippon Avionics Co's Days Payable for the fiscal year that ended in Mar. 2026 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.
Nippon Avionics Co (TSE:6946) has a Days Payable of 42.20 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 Nippon Avionics Co and its competitors. This is 46% below median its historical median of 78.58. Over the past decade, Nippon Avionics Co's Days Payable has ranged from 43.91 to 94.03. According to the industry distribution chart, Nippon Avionics Co ranks #2227 out of 2987 companies in the Industrial Products industry, placing it in the top 74.6%.
Is Nippon Avionics Co's Days Payable too high?
Nippon Avionics Co's current Days Payable of 42.20 is 46% below median its 10-year median of 78.58. Over the past 10 years, this metric has ranged from a low of 43.91 to a high of 94.03. The Industrial Products industry median Days Payable is 78.05. Nippon Avionics Co's value of 42.20 is 45.9% below this industry median. Based on the distribution chart, Nippon Avionics Co ranks #2227 out of 2987 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nippon Avionics Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Avionics Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nippon Avionics Co ranks #2227 out of 2987 companies for Days Payable. This places Nippon Avionics Co in the lower half of its industry. The industry median Days Payable is 78.05. Nippon Avionics Co's value of 42.20 is 45.9% below this benchmark. Historically, Nippon Avionics Co's own Days Payable has ranged from 43.91 to 94.03 over the past decade. While the company's 10-year median is 78.58 vs. the industry median of 78.05, Nippon Avionics 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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 Avionics Co's current Days Payable of 42.20 is 45.9% 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 Avionics Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Avionics Co's current Days Payable is 42.20, which is 46% below median its own 10-year median of 78.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Avionics Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Avionics Co (TSE:6946) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,241.65, compared to a current price of 円4,895.00 — trading 15.4% above its estimated fair value. The current Days Payable is 42.20, which is 46% below median its 10-year median of 78.58 and 45.9% below the Industrial Products industry median of 78.05. Nippon Avionics Co's overall GF Score™ is 86/100 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 Nippon Avionics Co (TSE:6946), the current Days Payable is 42.20 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 Nippon Avionics Co (TSE:6946) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Avionics Co stock appears to be overvalued.
The current stock price of 円4,895.00 is trading 15.4% above its estimated GF Value™ of 円4,241.65.
GuruFocus considers Nippon Avionics Co to be Modestly Overvalued.
Key valuation signals for TSE:6946:
Days Payable: 42.20 (46% below median its 10-year median of 78.58)
GF Value™: 円4,241.65 vs. price of 円4,895.00 (15.4% above fair value)
Industry Position: 45.9% below the Industrial Products median (#2227 of 2987)
No single metric tells the full story. See the TSE:6946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Avionics Co Ltd is a manufacturer of electronics equipment. The company is organized into three major business segments - Information System, Joining Equipment, and Infrared Thermography. Information System business provides device products and packaging technologies adopted for the development, manufacture and maintenance of various defence system equipment. The Micro Joining Equipment business active in the manufacture of electronic equipment and electronic parts. It offers a wide range of solutions including welding, soldering, thermocompression bonding, thermal caulking, sealing and ultrasonic bonding. The Infrared Thermography business develops, manufactures and sells infrared thermography camera that visualizes heat.
86GF Score
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