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The historical rank and industry rank for Nakayama Steel Works's Days Payable or its related term are showing as below:
TSE:5408'
s Days Payable Range Over the Past 10 Years
Min: 35.85 Med: 48.09 Max: 59.18
Current: 39.64
During the past 13 years, Nakayama Steel Works's highest Days Payable was 59.18. The lowest was 35.85. And the median was 48.09.
TSE:5408's Days Payable is ranked worse than 52.34% of 598
companies
in the Steel industry
Industry Median: 41.385
vs TSE:5408: 39.64
Nakayama Steel Works's Days Payable
increased
from Mar. 2025 (40.80) to Mar. 2026 (42.28).
It may suggest that Nakayama Steel Worksdelayed paying its suppliers.
Nakayama Steel Works Days Payable Related Terms
Nakayama Steel Works Days Payable Historical Data
* Premium members only.
The historical data trend for Nakayama Steel Works'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:5408 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Nakayama Steel Works'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.
Nakayama Steel Works Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Nakayama Steel Works's Days Payable distribution charts can be found below:
* The bar in red indicates where Nakayama Steel Works'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.
Nakayama Steel Works'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.
Nakayama Steel Works (TSE:5408) has a Days Payable of 42.28 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 Nakayama Steel Works and its competitors. This is 12% below median its historical median of 48.09. Over the past decade, Nakayama Steel Works' Days Payable has ranged from 35.85 to 59.18. According to the industry distribution chart, Nakayama Steel Works ranks #313 out of 598 companies in the Steel industry, placing it in the top 52.3%.
Is Nakayama Steel Works' Days Payable too high?
Nakayama Steel Works' current Days Payable of 42.28 is 12% below median its 10-year median of 48.09. Over the past 10 years, this metric has ranged from a low of 35.85 to a high of 59.18. The Steel industry median Days Payable is 41.39. Nakayama Steel Works' value of 42.28 is 2.2% above this industry median. Based on the distribution chart, Nakayama Steel Works ranks #313 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Nakayama Steel Works has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nakayama Steel Works' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Nakayama Steel Works ranks #313 out of 598 companies for Days Payable. This places Nakayama Steel Works in the lower half of its industry. The industry median Days Payable is 41.39. Nakayama Steel Works' value of 42.28 is 2.2% above this benchmark. Historically, Nakayama Steel Works' own Days Payable has ranged from 35.85 to 59.18 over the past decade. While the company's 10-year median is 48.09 vs. the industry median of 41.39, Nakayama Steel Works 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 41.39, 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. Nakayama Steel Works's current Days Payable of 42.28 is 2.2% 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 Nakayama Steel Works 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. Nakayama Steel Works's current Days Payable is 42.28, which is 12% below median its own 10-year median of 48.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakayama Steel Works stock overvalued right now?
Based on GuruFocus' analysis, Nakayama Steel Works (TSE:5408) is currently considered Fairly Valued. The stock's GF Value™ is 円623.00, compared to a current price of 円624.00 — trading 0.2% above its estimated fair value. The current Days Payable is 42.28, which is 12% below median its 10-year median of 48.09 and 2.2% above the Steel industry median of 41.39. Nakayama Steel Works' overall GF Score™ is 67/100 with 3 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 Nakayama Steel Works (TSE:5408), the current Days Payable is 42.28 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 Nakayama Steel Works (TSE:5408) Overvalued in 2026?
Based on GuruFocus' analysis, Nakayama Steel Works stock appears to be overvalued.
The current stock price of 円624.00 is trading 0.2% above its estimated GF Value™ of 円623.00.
GuruFocus considers Nakayama Steel Works to be Fairly Valued.
Key valuation signals for TSE:5408:
Days Payable: 42.28 (12% below median its 10-year median of 48.09)
GF Value™: 円623.00 vs. price of 円624.00 (0.2% above fair value)
Industry Position: 2.2% above the Steel median (#313 of 598)
No single metric tells the full story. See the TSE:5408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nakayama Steel Works Ltd is a Japan-based company. The company operates in Steel, Engineering, and Real estate business. Its Steel business includes manufacturing and sale of steel products including coil products, steel sheets, bars and wire products. The company is also engaged in real estate buying, leasing and selling.
67GF Score
Get the complete analysis for TSE:5408
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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