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KEIWATSE:4251 -2.13%86 Days Payable is 36.22 as of Dec. 2025, which is 50% below its 10-year median of 71.74. GuruFocus rates TSE:4251 with a GF Score™ of 86/100 and a GF Value™ of 円1,325.74 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,442 Hardware companies, KEIWA ranks worse than 78.3% on this metric.
KEIWA's average Accounts Payable for the
three
months ended in Dec. 2025 was 円1,263 Mil. KEIWA's Cost of Goods Sold for the
three
months ended in Dec. 2025 was 円3,183 Mil.
Hence, KEIWA's Days Payable for the
three
months ended in Dec. 2025 was 36.22.
The historical rank and industry rank for KEIWA's Days Payable or its related term are showing as below:
TSE:4251'
s Days Payable Range Over the Past 10 Years
Min: 39.01 Med: 71.74 Max: 114.64
Current: 39.01
During the past 9 years, KEIWA's highest Days Payable was 114.64. The lowest was 39.01. And the median was 71.74.
TSE:4251's Days Payable is ranked worse than 78.3% of 2442
companies
in the Hardware industry
Industry Median: 69.89
vs TSE:4251: 39.01
KEIWA's Days Payable
declined
from Dec. 2024 (38.88) to Dec. 2025 (36.22).
It may suggest that KEIWAaccelerated paying its suppliers.
KEIWA Days Payable Related Terms
KEIWA Days Payable Historical Data
* Premium members only.
The historical data trend for KEIWA'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.
For the Electronic Components subindustry, KEIWA'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.
KEIWA Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, KEIWA's Days Payable distribution charts can be found below:
* The bar in red indicates where KEIWA'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.
KEIWA's Days Payable for the fiscal year that ended in Dec. 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.
KEIWA (TSE:4251) has a Days Payable of 36.22 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on KEIWA and its competitors. This is 50% below median its historical median of 71.74. Over the past decade, KEIWA's Days Payable has ranged from 39.01 to 114.64. According to the industry distribution chart, KEIWA ranks #1912 out of 2442 companies in the Hardware industry, placing it in the top 78.3%.
Is KEIWA's Days Payable too high?
KEIWA's current Days Payable of 36.22 is 50% below median its 10-year median of 71.74. Over the past 10 years, this metric has ranged from a low of 39.01 to a high of 114.64. The Hardware industry median Days Payable is 69.89. KEIWA's value of 36.22 is 48.2% below this industry median. Based on the distribution chart, KEIWA ranks #1912 out of 2442 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, KEIWA has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KEIWA's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, KEIWA ranks #1912 out of 2442 companies for Days Payable. This places KEIWA in the lower half of its industry. The industry median Days Payable is 69.89. KEIWA's value of 36.22 is 48.2% below this benchmark. Historically, KEIWA's own Days Payable has ranged from 39.01 to 114.64 over the past decade. While the company's 10-year median is 71.74 vs. the industry median of 69.89, KEIWA 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,442 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. KEIWA's current Days Payable of 36.22 is 48.2% 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 KEIWA and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KEIWA's current Days Payable is 36.22, which is 50% below median its own 10-year median of 71.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KEIWA stock overvalued right now?
Based on GuruFocus' analysis, KEIWA (TSE:4251) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,325.74, compared to a current price of 円1,192.00 — trading 10.1% below its estimated fair value. The current Days Payable is 36.22, which is 50% below median its 10-year median of 71.74 and 48.2% below the Hardware industry median of 69.89. KEIWA's overall GF Score™ is 86/100 with 2 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 KEIWA (TSE:4251), the current Days Payable is 36.22 as of Dec. 2025. 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 KEIWA (TSE:4251) Overvalued in 2026?
Based on GuruFocus' analysis, KEIWA stock appears to be undervalued.
The current stock price of 円1,192.00 is trading 10.1% below its estimated GF Value™ of 円1,325.74.
GuruFocus considers KEIWA to be Modestly Undervalued.
Key valuation signals for TSE:4251:
Days Payable: 36.22 (50% below median its 10-year median of 71.74)
GF Value™: 円1,325.74 vs. price of 円1,192.00 (10.1% below fair value)
Industry Position: 48.2% below the Hardware median (#1912 of 2442)
No single metric tells the full story. See the TSE:4251 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KEIWA Inc is a Japanese based company involved in the optical sheet and functional product business. The optical sheet business includes components of special optical films such as light diffusion sheets and condensing film protective films used in backlight units for liquid crystal displays such as smartphones, whereas the Functional product includes industrial packaging materials with specific functions (moisture resistance, heat resistance, durability), clean energy materials, and other industrial materials such as building materials and agricultural materials.
86GF Score
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