Daiko Xtech (TSE:8023) Days Payable: 44.24 (As of Mar. 2026) — 26% Below Median


TSE:8023 Daiko Xtech Ltd TSE:8023
71 GF Score
Price 円981.00
GF Value 円943.10
Valuation Fairly Valued
! 2 Warning Signs
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What is Daiko Xtech Days Payable?

Daiko Xtech TSE:8023 +1.24% 71 Days Payable is 44.24 as of Mar. 2026, which is 26% below its 10-year median of 59.91. GuruFocus rates TSE:8023 with a GF Score™ of 71/100 and a GF Value™ of 円943.10 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,436 Hardware companies, Daiko Xtech ranks worse than 72.74% on this metric.

Daiko Xtech's average Accounts Payable for the six months ended in Mar. 2026 was 円3,973 Mil. Daiko Xtech's Cost of Goods Sold for the six months ended in Mar. 2026 was 円16,390 Mil. Hence, Daiko Xtech's Days Payable for the six months ended in Mar. 2026 was 44.24.

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

TSE:8023' s Days Payable Range Over the Past 10 Years
Min: 44.39   Med: 59.91   Max: 92.57
Current: 45.04

During the past 13 years, Daiko Xtech's highest Days Payable was 92.57. The lowest was 44.39. And the median was 59.91.

TSE:8023's Days Payable is ranked worse than
72.74% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs TSE:8023: 45.04

Daiko Xtech's Days Payable declined from Mar. 2025 (45.48) to Mar. 2026 (44.24). It may suggest that Daiko Xtech accelerated paying its suppliers.


Daiko Xtech Days Payable Historical Data

* Premium members only.

The historical data trend for Daiko Xtech'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.

Daiko Xtech Days Payable Chart

Daiko Xtech 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 55.33 60.62 61.49 52.74 44.39

Daiko Xtech 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 55.32 55.75 45.48 46.56 44.24

TSE:8023 vs SNX, ARW, AVT: Days Payable Comparison

For the Electronics & Computer Distribution subindustry, Daiko Xtech'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.


Daiko Xtech Days Payable vs Hardware Industry

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

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


TSE:8023
71GF Score
Daiko Xtech Ltd TSE:8023
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Daiko Xtech 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.

Daiko Xtech'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
=( (3829.124 + 3907.927) / 2 ) / 31811.769*365
=3868.5255 / 31811.769*365
=44.39

Daiko Xtech'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
=( (4039.034 + 3907.927) / 2 ) / 16389.812*365 / 2
=3973.4805 / 16389.812*365 / 2
=44.24

* 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 44.24 mean?
Daiko Xtech (TSE:8023) has a Days Payable of 44.24 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 Daiko Xtech and its competitors. This is 26% below median its historical median of 59.91. Over the past decade, Daiko Xtech's Days Payable has ranged from 44.39 to 92.57. According to the industry distribution chart, Daiko Xtech ranks #1772 out of 2436 companies in the Hardware industry, placing it in the top 72.7%.
Is Daiko Xtech's Days Payable too high?
Daiko Xtech's current Days Payable of 44.24 is 26% below median its 10-year median of 59.91. Over the past 10 years, this metric has ranged from a low of 44.39 to a high of 92.57. The Hardware industry median Days Payable is 69.89. Daiko Xtech's value of 44.24 is 36.7% below this industry median. Based on the distribution chart, Daiko Xtech ranks #1772 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Daiko Xtech has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiko Xtech's Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Daiko Xtech ranks #1772 out of 2436 companies for Days Payable. This places Daiko Xtech in the lower half of its industry. The industry median Days Payable is 69.89. Daiko Xtech's value of 44.24 is 36.7% below this benchmark. Historically, Daiko Xtech's own Days Payable has ranged from 44.39 to 92.57 over the past decade. While the company's 10-year median is 59.91 vs. the industry median of 69.89, Daiko Xtech 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. Daiko Xtech's current Days Payable of 44.24 is 36.7% 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 Daiko Xtech 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. Daiko Xtech's current Days Payable is 44.24, which is 26% below median its own 10-year median of 59.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiko Xtech stock overvalued right now?
Based on GuruFocus' analysis, Daiko Xtech (TSE:8023) is currently considered Fairly Valued. The stock's GF Value™ is 円943.10, compared to a current price of 円981.00 — trading 4% above its estimated fair value. The current Days Payable is 44.24, which is 26% below median its 10-year median of 59.91 and 36.7% below the Hardware industry median of 69.89. Daiko Xtech's overall GF Score™ is 71/100 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 Daiko Xtech (TSE:8023), the current Days Payable is 44.24 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 Daiko Xtech (TSE:8023) Overvalued in 2026?

Based on GuruFocus' analysis, Daiko Xtech stock appears to be overvalued. The current stock price of 円981.00 is trading 4% above its estimated GF Value™ of 円943.10. GuruFocus considers Daiko Xtech to be Fairly Valued.

Key valuation signals for TSE:8023:

  • Days Payable: 44.24 (26% below median its 10-year median of 59.91)
  • GF Value™: 円943.10 vs. price of 円981.00 (4% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 36.7% below the Hardware median (#1772 of 2436)

No single metric tells the full story. See the TSE:8023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiko Xtech Business Description

Address 2-1 Ageba-cho, Shinjuku-ku, Tokyo, JPN, 162-8565
Daiko Xtech Ltd formerly Daiko Denshi Tsushin Ltd s engaged in the sale of information communications equipment and the provision of related services. The principal business activities of the company include system consultancy, sales and maintenances of various types of computers, development and maintenances of software, sales and maintenances of a network, sales of computer-related products and construction of office facility.
71GF Score

Get the complete analysis for TSE:8023

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

円981.00
Price
円943.10
GF Value