Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
TecniscoTSE:2962 -2.23%37 Days Payable is 10.84 as of Mar. 2026, which is 75% below its 10-year median of 43.30. GuruFocus rates TSE:2962 with a GF Score™ of 37/100 and a GF Value™ of 円304.71 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,007 Industrial Products companies, Tecnisco ranks worse than 96.04% on this metric.
Tecnisco's average Accounts Payable for the
three
months ended in Mar. 2026 was 円67 Mil. Tecnisco's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円564 Mil.
Hence, Tecnisco's Days Payable for the
three
months ended in Mar. 2026 was 10.84.
The historical rank and industry rank for Tecnisco's Days Payable or its related term are showing as below:
TSE:2962'
s Days Payable Range Over the Past 10 Years
Min: 14.84 Med: 43.3 Max: 52.72
Current: 16.73
During the past 6 years, Tecnisco's highest Days Payable was 52.72. The lowest was 14.84. And the median was 43.30.
TSE:2962's Days Payable is ranked worse than 96.04% of 3007
companies
in the Industrial Products industry
Industry Median: 78.02
vs TSE:2962: 16.73
Tecnisco's Days Payable
increased
from Mar. 2025 (8.77) to Mar. 2026 (10.84).
It may suggest that Tecniscodelayed paying its suppliers.
The historical data trend for Tecnisco'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:2962 vs CRS, ATI, MLI: Days Payable Comparison
For the Metal Fabrication subindustry, Tecnisco'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.
Tecnisco Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tecnisco's Days Payable distribution charts can be found below:
* The bar in red indicates where Tecnisco'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.
Tecnisco's Days Payable for the fiscal year that ended in Jun. 2025 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.
Tecnisco (TSE:2962) has a Days Payable of 10.84 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 Tecnisco and its competitors. This is 75% below median its historical median of 43.30. Over the past decade, Tecnisco's Days Payable has ranged from 14.84 to 52.72. According to the industry distribution chart, Tecnisco ranks #2888 out of 3007 companies in the Industrial Products industry, placing it in the top 96%.
Is Tecnisco's Days Payable too high?
Tecnisco's current Days Payable of 10.84 is 75% below median its 10-year median of 43.30. Over the past 10 years, this metric has ranged from a low of 14.84 to a high of 52.72. The Industrial Products industry median Days Payable is 78.02. Tecnisco's value of 10.84 is 86.1% below this industry median. Based on the distribution chart, Tecnisco ranks #2888 out of 3007 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tecnisco has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tecnisco's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Tecnisco ranks #2888 out of 3007 companies for Days Payable. This places Tecnisco in the lower half of its industry. The industry median Days Payable is 78.02. Tecnisco's value of 10.84 is 86.1% below this benchmark. Historically, Tecnisco's own Days Payable has ranged from 14.84 to 52.72 over the past decade. While the company's 10-year median is 43.30 vs. the industry median of 78.02, Tecnisco 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.02, based on 3,007 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. Tecnisco's current Days Payable of 10.84 is 86.1% 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 Tecnisco and its competitors. For the Industrial Products industry, the median Days Payable is 78.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecnisco's current Days Payable is 10.84, which is 75% below median its own 10-year median of 43.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnisco stock overvalued right now?
Based on GuruFocus' analysis, Tecnisco (TSE:2962) is currently considered Significantly Overvalued. The stock's GF Value™ is 円304.71, compared to a current price of 円1,754.00 — trading 475.6% above its estimated fair value. The current Days Payable is 10.84, which is 75% below median its 10-year median of 43.30 and 86.1% below the Industrial Products industry median of 78.02. Tecnisco's overall GF Score™ is 37/100 with 8 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 Tecnisco (TSE:2962), the current Days Payable is 10.84 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 Tecnisco (TSE:2962) Overvalued in 2026?
Based on GuruFocus' analysis, Tecnisco stock appears to be overvalued.
The current stock price of 円1,754.00 is trading 475.6% above its estimated GF Value™ of 円304.71.
GuruFocus considers Tecnisco to be Significantly Overvalued.
Key valuation signals for TSE:2962:
Days Payable: 10.84 (75% below median its 10-year median of 43.30)
GF Value™: 円304.71 vs. price of 円1,754.00 (475.6% above fair value)
Industry Position: 86.1% below the Industrial Products median (#2888 of 3007)
No single metric tells the full story. See the TSE:2962 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tecnisco Ltd is engaged in the Precision products business. It manufactures and sells Metal Products, Glass Products, and Drilling tool Products. Its products include Heatsinks, a Display device for projectors and mobile, Single core drills, Double core drills, and silicon products. The company uses Cross-edge technology for its operations.
37GF Score
Get the complete analysis for TSE:2962
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
TSE:2962 has been successfully added to your 
