* 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 Electronic Components subindustry, Hokuriku Electric Industry 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.
Hokuriku Electric Industry Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Hokuriku Electric Industry Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hokuriku Electric Industry Co's Days Payable falls into.
Hokuriku Electric Industry 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.
* 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.
Hokuriku Electric Industry Co (TSE:6989) has a Days Payable of 53.07 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 Hokuriku Electric Industry Co and its competitors. This is 27% below median its historical median of 73.12. Over the past decade, Hokuriku Electric Industry Co's Days Payable has ranged from 56.56 to 80.52. According to the industry distribution chart, Hokuriku Electric Industry Co ranks #1498 out of 2436 companies in the Hardware industry, placing it in the top 61.5%.
Is Hokuriku Electric Industry Co's Days Payable too high?
Hokuriku Electric Industry Co's current Days Payable of 53.07 is 27% below median its 10-year median of 73.12. Over the past 10 years, this metric has ranged from a low of 56.56 to a high of 80.52. The Hardware industry median Days Payable is 69.89. Hokuriku Electric Industry Co's value of 53.07 is 24.1% below this industry median. Based on the distribution chart, Hokuriku Electric Industry Co ranks #1498 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Hokuriku Electric Industry Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electric Industry Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Hokuriku Electric Industry Co ranks #1498 out of 2436 companies for Days Payable. This places Hokuriku Electric Industry Co in the lower half of its industry. The industry median Days Payable is 69.89. Hokuriku Electric Industry Co's value of 53.07 is 24.1% below this benchmark. Historically, Hokuriku Electric Industry Co's own Days Payable has ranged from 56.56 to 80.52 over the past decade. While the company's 10-year median is 73.12 vs. the industry median of 69.89, Hokuriku Electric Industry 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 69.89, 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. Hokuriku Electric Industry Co's current Days Payable of 53.07 is 24.1% 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 Hokuriku Electric Industry Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Electric Industry Co's current Days Payable is 53.07, which is 27% below median its own 10-year median of 73.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Electric Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electric Industry Co (TSE:6989) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,561.27, compared to a current price of 円2,748.00 — trading 76% above its estimated fair value. The current Days Payable is 53.07, which is 27% below median its 10-year median of 73.12 and 24.1% below the Hardware industry median of 69.89. Hokuriku Electric Industry Co's overall GF Score™ is 58/100 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 Hokuriku Electric Industry Co (TSE:6989), the current Days Payable is 53.07 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 Hokuriku Electric Industry Co (TSE:6989) Overvalued in 2026?
Based on GuruFocus' analysis, Hokuriku Electric Industry Co stock appears to be overvalued.
The current stock price of 円2,748.00 is trading 76% above its estimated GF Value™ of 円1,561.27.
GuruFocus considers Hokuriku Electric Industry Co to be Significantly Overvalued.
Key valuation signals for TSE:6989:
Days Payable: 53.07 (27% below median its 10-year median of 73.12)
GF Value™: 円1,561.27 vs. price of 円2,748.00 (76% above fair value)
Industry Position: 24.1% below the Hardware median (#1498 of 2436)
No single metric tells the full story. See the TSE:6989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokuriku Electric Industry Co Business Description
Hokuriku Electric Industry Co Ltd operates in development, manufacturing and sales of electronic components such as Resistors, Sensors, Modules Printed Circuit Boards, Piezoelectric Buzzers, Tactile Switches, Thermistors and Varistors.
58GF Score
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