SPK (TSE:7466) Days Payable: 30.10 (As of Mar. 2026) — 29% Below Median


TSE:7466 SPK Corp TSE:7466
84 GF Score
Price 円1,355.00
GF Value 円1,267.03
Valuation Fairly Valued
! 2 Warning Signs
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What is SPK Days Payable?

SPK TSE:7466 +3.20% 84 Days Payable is 30.10 as of Mar. 2026, which is 29% below its 10-year median of 42.44. GuruFocus rates TSE:7466 with a GF Score™ of 84/100 and a GF Value™ of 円1,267.03 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,308 Vehicles & Parts companies, SPK ranks worse than 85.86% on this metric.

SPK's average Accounts Payable for the six months ended in Mar. 2026 was 円5,176 Mil. SPK's Cost of Goods Sold for the six months ended in Mar. 2026 was 円31,387 Mil. Hence, SPK's Days Payable for the six months ended in Mar. 2026 was 30.10.

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

TSE:7466' s Days Payable Range Over the Past 10 Years
Min: 31.48   Med: 42.44   Max: 46.43
Current: 31.48

During the past 13 years, SPK's highest Days Payable was 46.43. The lowest was 31.48. And the median was 42.44.

TSE:7466's Days Payable is ranked worse than
85.86% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.035 vs TSE:7466: 31.48

SPK's Days Payable declined from Mar. 2025 (33.54) to Mar. 2026 (30.10). It may suggest that SPK accelerated paying its suppliers.


SPK Days Payable Historical Data

* Premium members only.

The historical data trend for SPK'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.

SPK Days Payable Chart

SPK 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 43.58 41.87 39.38 36.55 31.74

SPK 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 38.99 36.38 33.54 32.67 30.10

TSE:7466 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, SPK'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.


SPK Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SPK's Days Payable distribution charts can be found below:

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


TSE:7466
84GF Score
SPK Corp TSE:7466
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SPK 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.

SPK'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
=( (5380 + 5197) / 2 ) / 60809*365
=5288.5 / 60809*365
=31.74

SPK'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
=( (5155 + 5197) / 2 ) / 31387*365 / 2
=5176 / 31387*365 / 2
=30.10

* 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 30.10 mean?
SPK (TSE:7466) has a Days Payable of 30.10 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 SPK and its competitors. This is 29% below median its historical median of 42.44. Over the past decade, SPK's Days Payable has ranged from 31.48 to 46.43. According to the industry distribution chart, SPK ranks #1123 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 85.9%.
Is SPK's Days Payable too high?
SPK's current Days Payable of 30.10 is 29% below median its 10-year median of 42.44. Over the past 10 years, this metric has ranged from a low of 31.48 to a high of 46.43. The Vehicles & Parts industry median Days Payable is 67.04. SPK's value of 30.10 is 55.1% below this industry median. Based on the distribution chart, SPK ranks #1123 out of 1308 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, SPK has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SPK's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SPK ranks #1123 out of 1308 companies for Days Payable. This places SPK in the lower half of its industry. The industry median Days Payable is 67.04. SPK's value of 30.10 is 55.1% below this benchmark. Historically, SPK's own Days Payable has ranged from 31.48 to 46.43 over the past decade. While the company's 10-year median is 42.44 vs. the industry median of 67.04, SPK 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.04, based on 1,308 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. SPK's current Days Payable of 30.10 is 55.1% 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 SPK and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPK's current Days Payable is 30.10, which is 29% below median its own 10-year median of 42.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPK stock overvalued right now?
Based on GuruFocus' analysis, SPK (TSE:7466) is currently considered Fairly Valued. The stock's GF Value™ is 円1,267.03, compared to a current price of 円1,355.00 — trading 6.9% above its estimated fair value. The current Days Payable is 30.10, which is 29% below median its 10-year median of 42.44 and 55.1% below the Vehicles & Parts industry median of 67.04. SPK's overall GF Score™ is 84/100 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 SPK (TSE:7466), the current Days Payable is 30.10 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 SPK (TSE:7466) Overvalued in 2026?

Based on GuruFocus' analysis, SPK stock appears to be overvalued. The current stock price of 円1,355.00 is trading 6.9% above its estimated GF Value™ of 円1,267.03. GuruFocus considers SPK to be Fairly Valued.

Key valuation signals for TSE:7466:

  • Days Payable: 30.10 (29% below median its 10-year median of 42.44)
  • GF Value™: 円1,267.03 vs. price of 円1,355.00 (6.9% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 55.1% below the Vehicles & Parts median (#1123 of 1308)

No single metric tells the full story. See the TSE:7466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPK Business Description

Address 5-4 Fukushima 5-chome, Fukushima-ku, Osaka, JPN, 553-003
SPK Corp operates in the automotive industry. It manufactures and distributes automotive parts. The company's product profile includes engine, brake, bearing, cooling, electric, ignition, oil chemical, powertrain, motorsport, and others.
84GF Score

Get the complete analysis for TSE:7466

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

円1,355.00
Price
円1,267.03
GF Value