What is Tokyo Steel Manufacturing Co Days Payable?
Tokyo Steel Manufacturing CoTOKSF 70 Days Payable is 55.10 as of Mar. 2026, which is 7% below its 10-year median of 59.54. GuruFocus rates TOKSF with a GF Score™ of 70/100 and a GF Value™ of $8.05 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 602 Steel companies, Tokyo Steel Manufacturing Co ranks better than 63.12% on this metric.
* 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.
For the Steel subindustry, Tokyo Steel Manufacturing 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.
Tokyo Steel Manufacturing Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tokyo Steel Manufacturing Co's Days Payable falls into.
Tokyo Steel Manufacturing 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.
* 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.
Tokyo Steel Manufacturing Co (TOKSF) has a Days Payable of 55.10 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 Tokyo Steel Manufacturing Co and its competitors. This is near median its historical median of 59.54. Over the past decade, Tokyo Steel Manufacturing Co's Days Payable has ranged from 52.61 to 66.55. According to the industry distribution chart, Tokyo Steel Manufacturing Co ranks #222 out of 602 companies in the Steel industry, placing it in the top 36.9%.
Is Tokyo Steel Manufacturing Co's Days Payable too high?
Tokyo Steel Manufacturing Co's current Days Payable of 55.10 is near median its 10-year median of 59.54. Over the past 10 years, this metric has ranged from a low of 52.61 to a high of 66.55. The Steel industry median Days Payable is 41.40. Tokyo Steel Manufacturing Co's value of 55.10 is 33.1% above this industry median. Based on the distribution chart, Tokyo Steel Manufacturing Co ranks #222 out of 602 companies in the Steel industry, which is above the industry midpoint. Overall, Tokyo Steel Manufacturing Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Steel Manufacturing Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tokyo Steel Manufacturing Co ranks #222 out of 602 companies for Days Payable. This puts Tokyo Steel Manufacturing Co in the upper half of its industry. The industry median Days Payable is 41.40. Tokyo Steel Manufacturing Co's value of 55.10 is 33.1% above this benchmark. Historically, Tokyo Steel Manufacturing Co's own Days Payable has ranged from 52.61 to 66.55 over the past decade. While the company's 10-year median is 59.54 vs. the industry median of 41.40, Tokyo Steel Manufacturing Co has consistently been above 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 41.40, based on 602 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. Tokyo Steel Manufacturing Co's current Days Payable of 55.10 is 33.1% above 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 Tokyo Steel Manufacturing Co and its competitors. For the Steel industry, the median Days Payable is 41.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Steel Manufacturing Co's current Days Payable is 55.10, which is near median its own 10-year median of 59.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Steel Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co (TOKSF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.05, compared to a current price of $9.11 — trading 13.1% above its estimated fair value. The current Days Payable is 55.10, which is near median its 10-year median of 59.54 and 33.1% above the Steel industry median of 41.40. Tokyo Steel Manufacturing Co's overall GF Score™ is 70/100 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 Tokyo Steel Manufacturing Co (TOKSF), the current Days Payable is 55.10 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 Tokyo Steel Manufacturing Co (TOKSF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co stock appears to be overvalued.
The current stock price of $9.11 is trading 13.1% above its estimated GF Value™ of $8.05.
GuruFocus considers Tokyo Steel Manufacturing Co to be Modestly Overvalued.
Key valuation signals for TOKSF:
Days Payable: 55.10 (near median its 10-year median of 59.54)
GF Value™: $8.05 vs. price of $9.11 (13.1% above fair value)
Industry Position: 33.1% above the Steel median (#222 of 602)
No single metric tells the full story. See the TOKSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Steel Manufacturing Co Ltd is a Japan-based company engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in a broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates the majority of its revenue from the Japanese domestic market.
70GF Score
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