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Niigata Kotsu CoTSE:9017 +1.21%66 Days Payable is 23.90 as of Mar. 2026, which is 5% above its 10-year median of 22.68. GuruFocus rates TSE:9017 with a GF Score™ of 66/100 and a GF Value™ of 円2,186.72 (Fairly Valued). The stock has 3 warning signs investors should review. Among 968 Transportation companies, Niigata Kotsu Co ranks worse than 72.73% on this metric.
The historical rank and industry rank for Niigata Kotsu Co's Days Payable or its related term are showing as below:
TSE:9017'
s Days Payable Range Over the Past 10 Years
Min: 18.04 Med: 22.68 Max: 24.82
Current: 23.9
During the past 13 years, Niigata Kotsu Co's highest Days Payable was 24.82. The lowest was 18.04. And the median was 22.68.
TSE:9017's Days Payable is ranked worse than 72.73% of 968
companies
in the Transportation industry
Industry Median: 38.695
vs TSE:9017: 23.90
Niigata Kotsu Co's Days Payable
increased
from Mar. 2025 (23.71) to Mar. 2026 (23.90).
It may suggest that Niigata Kotsu Codelayed paying its suppliers.
Niigata Kotsu Co Days Payable Related Terms
Niigata Kotsu Co Days Payable Historical Data
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The historical data trend for Niigata Kotsu 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.
TSE:9017 vs UNP, CSX, NSC: Days Payable Comparison
For the Railroads subindustry, Niigata Kotsu 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.
Niigata Kotsu Co Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Niigata Kotsu Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Niigata Kotsu 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.
Niigata Kotsu 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.
Niigata Kotsu Co (TSE:9017) has a Days Payable of 23.90 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 Niigata Kotsu Co and its competitors. This is near median its historical median of 22.68. Over the past decade, Niigata Kotsu Co's Days Payable has ranged from 18.04 to 24.82. According to the industry distribution chart, Niigata Kotsu Co ranks #704 out of 968 companies in the Transportation industry, placing it in the top 72.7%.
Is Niigata Kotsu Co's Days Payable too high?
Niigata Kotsu Co's current Days Payable of 23.90 is near median its 10-year median of 22.68. Over the past 10 years, this metric has ranged from a low of 18.04 to a high of 24.82. The Transportation industry median Days Payable is 38.70. Niigata Kotsu Co's value of 23.90 is 38.2% below this industry median. Based on the distribution chart, Niigata Kotsu Co ranks #704 out of 968 companies in the Transportation industry, which is below the industry midpoint. Overall, Niigata Kotsu Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Niigata Kotsu Co's Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, Niigata Kotsu Co ranks #704 out of 968 companies for Days Payable. This places Niigata Kotsu Co in the lower half of its industry. The industry median Days Payable is 38.70. Niigata Kotsu Co's value of 23.90 is 38.2% below this benchmark. Historically, Niigata Kotsu Co's own Days Payable has ranged from 18.04 to 24.82 over the past decade. While the company's 10-year median is 22.68 vs. the industry median of 38.70, Niigata Kotsu 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 Transportation company?
The median Days Payable among Transportation companies is 38.70, based on 968 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. Niigata Kotsu Co's current Days Payable of 23.90 is 38.2% 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 Niigata Kotsu Co and its competitors. For the Transportation industry, the median Days Payable is 38.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niigata Kotsu Co's current Days Payable is 23.90, which is near median its own 10-year median of 22.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niigata Kotsu Co stock overvalued right now?
Based on GuruFocus' analysis, Niigata Kotsu Co (TSE:9017) is currently considered Fairly Valued. The stock's GF Value™ is 円2,186.72, compared to a current price of 円2,005.00 — trading 8.3% below its estimated fair value. The current Days Payable is 23.90, which is near median its 10-year median of 22.68 and 38.2% below the Transportation industry median of 38.70. Niigata Kotsu Co's overall GF Score™ is 66/100 with 3 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 Niigata Kotsu Co (TSE:9017), the current Days Payable is 23.90 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 Niigata Kotsu Co (TSE:9017) Overvalued in 2026?
Based on GuruFocus' analysis, Niigata Kotsu Co stock appears to be undervalued.
The current stock price of 円2,005.00 is trading 8.3% below its estimated GF Value™ of 円2,186.72.
GuruFocus considers Niigata Kotsu Co to be Fairly Valued.
Key valuation signals for TSE:9017:
Days Payable: 23.90 (near median its 10-year median of 22.68)
GF Value™: 円2,186.72 vs. price of 円2,005.00 (8.3% below fair value)
Industry Position: 38.2% below the Transportation median (#704 of 968)
No single metric tells the full story. See the TSE:9017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Niigata Kotsu Co Ltd provides passenger transport services in Japan. The company's core business activities are categorised into four key segments - Transport, Real Estate, Products Sales, and Ryokan Business. The majority of its revenue is derived from the Transport business segment. It offers stagecoach bus and coach services; hotel and restaurant services; advertising agency services; air transport agency services. In addition, the company is involved in the parking lot management.
66GF Score
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