The historical rank and industry rank for Chubu Steel Plate Co's Days Payable or its related term are showing as below:
NGO:5461'
s Days Payable Range Over the Past 10 Years
Min: 29.23 Med: 46.05 Max: 53.5
Current: 38.5
During the past 13 years, Chubu Steel Plate Co's highest Days Payable was 53.50. The lowest was 29.23. And the median was 46.05.
NGO:5461's Days Payable is ranked worse than 53.68% of 598
companies
in the Steel industry
Industry Median: 41.385
vs NGO:5461: 38.50
Chubu Steel Plate Co's Days Payable
increased
from Mar. 2025 (32.68) to Mar. 2026 (39.05).
It may suggest that Chubu Steel Plate Codelayed paying its suppliers.
Chubu Steel Plate Co Days Payable Related Terms
Chubu Steel Plate Co Days Payable Historical Data
* Premium members only.
The historical data trend for Chubu Steel Plate 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.
NGO:5461 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Chubu Steel Plate 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.
Chubu Steel Plate Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Chubu Steel Plate Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Chubu Steel Plate 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.
Chubu Steel Plate 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.
Chubu Steel Plate Co (NGO:5461) has a Days Payable of 39.05 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 Chubu Steel Plate Co and its competitors. This is 15% below median its historical median of 46.05. Over the past decade, Chubu Steel Plate Co's Days Payable has ranged from 29.23 to 53.50. According to the industry distribution chart, Chubu Steel Plate Co ranks #321 out of 598 companies in the Steel industry, placing it in the top 53.7%.
Is Chubu Steel Plate Co's Days Payable too high?
Chubu Steel Plate Co's current Days Payable of 39.05 is 15% below median its 10-year median of 46.05. Over the past 10 years, this metric has ranged from a low of 29.23 to a high of 53.50. The Steel industry median Days Payable is 41.39. Chubu Steel Plate Co's value of 39.05 is 5.6% below this industry median. Based on the distribution chart, Chubu Steel Plate Co ranks #321 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Chubu Steel Plate Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Chubu Steel Plate Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Chubu Steel Plate Co ranks #321 out of 598 companies for Days Payable. This places Chubu Steel Plate Co in the lower half of its industry. The industry median Days Payable is 41.39. Chubu Steel Plate Co's value of 39.05 is 5.6% below this benchmark. Historically, Chubu Steel Plate Co's own Days Payable has ranged from 29.23 to 53.50 over the past decade. While the company's 10-year median is 46.05 vs. the industry median of 41.39, Chubu Steel Plate 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. Chubu Steel Plate Co's current Days Payable of 39.05 is 5.6% 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 Chubu Steel Plate Co and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chubu Steel Plate Co's current Days Payable is 39.05, which is 15% below median its own 10-year median of 46.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chubu Steel Plate Co stock overvalued right now?
Chubu Steel Plate Co (NGO:5461) has a current Days Payable of 39.05. The stock's GF Value™ is 円1,925.47, compared to a current price of 円2,082.00 — trading 8.1% above its estimated fair value. The current Days Payable is 39.05, which is 15% below median its 10-year median of 46.05 and 5.6% below the Steel industry median of 41.39. Chubu Steel Plate Co's overall GF Score™ is 76/100 with 6 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 Chubu Steel Plate Co (NGO:5461), the current Days Payable is 39.05 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 Chubu Steel Plate Co (NGO:5461) Overvalued in 2026?
Based on GuruFocus' analysis, Chubu Steel Plate Co stock appears to be overvalued.
The current stock price of 円2,082.00 is trading 8.1% above its estimated GF Value™ of 円1,925.47.
Key valuation signals for NGO:5461:
Days Payable: 39.05 (15% below median its 10-year median of 46.05)
GF Value™: 円1,925.47 vs. price of 円2,082.00 (8.1% above fair value)
Industry Position: 5.6% below the Steel median (#321 of 598)
No single metric tells the full story. See the NGO:5461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chubu Steel Plate Co Ltd engages in the manufacture and sale of thick steel sheets and pieces, and the cutting of steel plates in Japan. The company's segment includes Steel-related business, Rental Business, Logistics business, and Engineering Business. The company generates the majority of its revenue from Steel-related business, which manufactures and sells thick steel plate products using electric furnaces.
76GF Score
Get the complete analysis for NGO:5461
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NGO:5461 has been successfully added to your 
