Neooto Co (XKRX:212560) Days Payable: 52.77 (As of Jun. 2026) — 20% Above Median

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XKRX:212560 Neooto Co Ltd XKRX:212560
85 GF Score
Price ₩10,190.00
GF Value ₩6,636.82
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Neooto Co Days Payable?

Neooto Co XKRX:212560 -0.10% 85 Days Payable is 52.77 as of Jun. 2026, which is 20% above its 10-year median of 44.10. GuruFocus rates XKRX:212560 with a GF Score™ of 85/100 and a GF Value™ of ₩6,636.82 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,317 Vehicles & Parts companies, Neooto Co ranks worse than 57.33% on this metric.

Neooto Co's average Accounts Payable for the three months ended in Jun. 2026 was ₩31,510 Mil. Neooto Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ₩54,486 Mil. Hence, Neooto Co's Days Payable for the three months ended in Jun. 2026 was 52.77.

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

XKRX:212560' s Days Payable Range Over the Past 10 Years
Min: 22.34   Med: 44.1   Max: 62.12
Current: 56.91

During the past 13 years, Neooto Co's highest Days Payable was 62.12. The lowest was 22.34. And the median was 44.10.

XKRX:212560's Days Payable is ranked worse than
57.33% of 1317 companies
in the Vehicles & Parts industry
Industry Median: 65.64 vs XKRX:212560: 56.91

Neooto Co's Days Payable declined from Jun. 2025 (56.99) to Jun. 2026 (52.77). It may suggest that Neooto Co accelerated paying its suppliers.


Neooto Co Days Payable Historical Data

* Premium members only.

The historical data trend for Neooto 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.

Neooto Co Days Payable Chart

Neooto Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.40 44.51 47.39 58.74 62.95

Neooto Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 56.99 60.20 60.19 57.43 52.77

XKRX:212560 vs ORLY, AZO, GPC: Days Payable Comparison

For the Auto Parts subindustry, Neooto 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.


Neooto Co Days Payable vs Vehicles & Parts Industry

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

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


XKRX:212560
85GF Score
Neooto Co Ltd XKRX:212560
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Neooto 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.

Neooto Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (35678.471 + 34014.055) / 2 ) / 202043.848991*365
=34846.263 / 202043.848991*365
=62.95

Neooto Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (31663.062 + 31357.295) / 2 ) / 54486.435084*365 / 4
=31510.1785 / 54486.435084*365 / 4
=52.77

* 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 52.77 mean?
Neooto Co (XKRX:212560) has a Days Payable of 52.77 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Neooto Co and its competitors. This is 20% above median its historical median of 44.10. Over the past decade, Neooto Co's Days Payable has ranged from 22.34 to 62.12. According to the industry distribution chart, Neooto Co ranks #755 out of 1317 companies in the Vehicles & Parts industry, placing it in the top 57.3%.
Is Neooto Co's Days Payable too high?
Neooto Co's current Days Payable of 52.77 is 20% above median its 10-year median of 44.10. Over the past 10 years, this metric has ranged from a low of 22.34 to a high of 62.12. The Vehicles & Parts industry median Days Payable is 65.64. Neooto Co's value of 52.77 is 19.6% below this industry median. Based on the distribution chart, Neooto Co ranks #755 out of 1317 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Neooto Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neooto Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Neooto Co ranks #755 out of 1317 companies for Days Payable. This places Neooto Co in the lower half of its industry. The industry median Days Payable is 65.64. Neooto Co's value of 52.77 is 19.6% below this benchmark. Historically, Neooto Co's own Days Payable has ranged from 22.34 to 62.12 over the past decade. While the company's 10-year median is 44.10 vs. the industry median of 65.64, Neooto 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 65.64, based on 1,317 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. Neooto Co's current Days Payable of 52.77 is 19.6% 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 Neooto Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 65.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neooto Co's current Days Payable is 52.77, which is 20% above median its own 10-year median of 44.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neooto Co stock overvalued right now?
Based on GuruFocus' analysis, Neooto Co (XKRX:212560) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩6,636.82, compared to a current price of ₩10,190.00 — trading 53.5% above its estimated fair value. The current Days Payable is 52.77, which is 20% above median its 10-year median of 44.10 and 19.6% below the Vehicles & Parts industry median of 65.64. Neooto Co's overall GF Score™ is 85/100 with 1 warning sign 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 Neooto Co (XKRX:212560), the current Days Payable is 52.77 as of Jun. 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 Neooto Co (XKRX:212560) Overvalued in 2026?

Based on GuruFocus' analysis, Neooto Co stock appears to be overvalued. The current stock price of ₩10,190.00 is trading 53.5% above its estimated GF Value™ of ₩6,636.82. GuruFocus considers Neooto Co to be Significantly Overvalued.

Key valuation signals for XKRX:212560:

  • Days Payable: 52.77 (20% above median its 10-year median of 44.10)
  • GF Value™: ₩6,636.82 vs. price of ₩10,190.00 (53.5% above fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 19.6% below the Vehicles & Parts median (#755 of 1317)

No single metric tells the full story. See the XKRX:212560 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neooto Co Business Description

Address 19 Saemunan-ro 5-gil, 6th Floor, Royal Building, Dangju-dong, Jongno-gu, Seoul, KOR
Neooto Co Ltd is a manufacturer of automotive powertrain parts such as pinion gears, differential assemblies, large gears, and reducers.
85GF Score

Get the complete analysis for XKRX:212560

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

₩10,190.00
Price
₩6,636.82
GF Value