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HOKUETSU METAL CoTSE:5446 -0.18%53 Days Payable is 51.11 as of Mar. 2026, which is 22% below its 10-year median of 65.80. GuruFocus rates TSE:5446 with a GF Score™ of 53/100 and a GF Value™ of 円1,029.15 (Fairly Valued). The stock has 3 warning signs investors should review. Among 597 Steel companies, HOKUETSU METAL Co ranks better than 56.78% on this metric.
The historical rank and industry rank for HOKUETSU METAL Co's Days Payable or its related term are showing as below:
TSE:5446'
s Days Payable Range Over the Past 10 Years
Min: 48.56 Med: 65.8 Max: 88.32
Current: 48.88
During the past 13 years, HOKUETSU METAL Co's highest Days Payable was 88.32. The lowest was 48.56. And the median was 65.80.
TSE:5446's Days Payable is ranked better than 56.78% of 597
companies
in the Steel industry
Industry Median: 42.21
vs TSE:5446: 48.88
HOKUETSU METAL Co's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (51.11).
It may suggest that HOKUETSU METAL Codelayed paying its suppliers.
The historical data trend for HOKUETSU METAL 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.
TSE:5446 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, HOKUETSU METAL 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.
HOKUETSU METAL Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, HOKUETSU METAL Co's Days Payable distribution charts can be found below:
* The bar in red indicates where HOKUETSU METAL 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.
HOKUETSU METAL 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.
HOKUETSU METAL Co (TSE:5446) has a Days Payable of 51.11 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 HOKUETSU METAL Co and its competitors. This is 22% below median its historical median of 65.80. Over the past decade, HOKUETSU METAL Co's Days Payable has ranged from 48.56 to 88.32. According to the industry distribution chart, HOKUETSU METAL Co ranks #258 out of 597 companies in the Steel industry, placing it in the top 43.2%.
Is HOKUETSU METAL Co's Days Payable too high?
HOKUETSU METAL Co's current Days Payable of 51.11 is 22% below median its 10-year median of 65.80. Over the past 10 years, this metric has ranged from a low of 48.56 to a high of 88.32. The Steel industry median Days Payable is 42.21. HOKUETSU METAL Co's value of 51.11 is 21.1% above this industry median. Based on the distribution chart, HOKUETSU METAL Co ranks #258 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, HOKUETSU METAL Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HOKUETSU METAL Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, HOKUETSU METAL Co ranks #258 out of 597 companies for Days Payable. This puts HOKUETSU METAL Co in the upper half of its industry. The industry median Days Payable is 42.21. HOKUETSU METAL Co's value of 51.11 is 21.1% above this benchmark. Historically, HOKUETSU METAL Co's own Days Payable has ranged from 48.56 to 88.32 over the past decade. While the company's 10-year median is 65.80 vs. the industry median of 42.21, HOKUETSU METAL 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 42.21, based on 597 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. HOKUETSU METAL Co's current Days Payable of 51.11 is 21.1% 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 HOKUETSU METAL Co and its competitors. For the Steel industry, the median Days Payable is 42.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HOKUETSU METAL Co's current Days Payable is 51.11, which is 22% below median its own 10-year median of 65.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HOKUETSU METAL Co stock overvalued right now?
Based on GuruFocus' analysis, HOKUETSU METAL Co (TSE:5446) is currently considered Fairly Valued. The stock's GF Value™ is 円1,029.15, compared to a current price of 円1,080.00 — trading 4.9% above its estimated fair value. The current Days Payable is 51.11, which is 22% below median its 10-year median of 65.80 and 21.1% above the Steel industry median of 42.21. HOKUETSU METAL Co's overall GF Score™ is 53/100 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 HOKUETSU METAL Co (TSE:5446), the current Days Payable is 51.11 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 HOKUETSU METAL Co (TSE:5446) Overvalued in 2026?
Based on GuruFocus' analysis, HOKUETSU METAL Co stock appears to be overvalued.
The current stock price of 円1,080.00 is trading 4.9% above its estimated GF Value™ of 円1,029.15.
GuruFocus considers HOKUETSU METAL Co to be Fairly Valued.
Key valuation signals for TSE:5446:
Days Payable: 51.11 (22% below median its 10-year median of 65.80)
GF Value™: 円1,029.15 vs. price of 円1,080.00 (4.9% above fair value)
Industry Position: 21.1% above the Steel median (#258 of 597)
No single metric tells the full story. See the TSE:5446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HOKUETSU METAL Co Ltd operates in the iron and steel industry. The principal business activities of the company include the manufacturing and processing of primary products such as steel, non-base metals and alloys, steel structures, and various other mechanical devices.
53GF Score
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