Tohoku Steel Co (TSE:5484) Days Payable: 31.24 (As of Mar. 2026) — 16% Below Median


TSE:5484 Tohoku Steel Co Ltd TSE:5484
61 GF Score
Price 円4,450.00
GF Value 円1,985.10
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Tohoku Steel Co Days Payable?

Tohoku Steel Co TSE:5484 +0.23% 61 Days Payable is 31.24 as of Mar. 2026, which is 16% below its 10-year median of 37.24. GuruFocus rates TSE:5484 with a GF Score™ of 61/100 and a GF Value™ of 円1,985.10 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 598 Steel companies, Tohoku Steel Co ranks worse than 60.37% on this metric.

Tohoku Steel Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,509 Mil. Tohoku Steel Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円8,814 Mil. Hence, Tohoku Steel Co's Days Payable for the six months ended in Mar. 2026 was 31.24.

The historical rank and industry rank for Tohoku Steel Co's Days Payable or its related term are showing as below:

TSE:5484' s Days Payable Range Over the Past 10 Years
Min: 31.94   Med: 37.24   Max: 47.64
Current: 31.96

During the past 13 years, Tohoku Steel Co's highest Days Payable was 47.64. The lowest was 31.94. And the median was 37.24.

TSE:5484's Days Payable is ranked worse than
60.37% of 598 companies
in the Steel industry
Industry Median: 41.385 vs TSE:5484: 31.96

Tohoku Steel Co's Days Payable increased from Mar. 2025 (30.41) to Mar. 2026 (31.24). It may suggest that Tohoku Steel Co delayed paying its suppliers.


Tohoku Steel Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tohoku Steel 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.

Tohoku Steel Co Days Payable Chart

Tohoku Steel Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.19 36.58 38.67 33.90 31.94

Tohoku Steel Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.01 32.48 30.41 32.73 31.24

TSE:5484 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Tohoku Steel 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.


Tohoku Steel Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Tohoku Steel Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tohoku Steel Co's Days Payable falls into.


TSE:5484
61GF Score
Tohoku Steel Co Ltd TSE:5484
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tohoku Steel 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.

Tohoku Steel Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1500.216 + 1509.586) / 2 ) / 17199.369*365
=1504.901 / 17199.369*365
=31.94

Tohoku Steel Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1507.722 + 1509.586) / 2 ) / 8814.039*365 / 2
=1508.654 / 8814.039*365 / 2
=31.24

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 31.24 mean?
Tohoku Steel Co (TSE:5484) has a Days Payable of 31.24 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 Tohoku Steel Co and its competitors. This is 16% below median its historical median of 37.24. Over the past decade, Tohoku Steel Co's Days Payable has ranged from 31.94 to 47.64. According to the industry distribution chart, Tohoku Steel Co ranks #361 out of 598 companies in the Steel industry, placing it in the top 60.4%.
Is Tohoku Steel Co's Days Payable too high?
Tohoku Steel Co's current Days Payable of 31.24 is 16% below median its 10-year median of 37.24. Over the past 10 years, this metric has ranged from a low of 31.94 to a high of 47.64. The Steel industry median Days Payable is 41.39. Tohoku Steel Co's value of 31.24 is 24.5% below this industry median. Based on the distribution chart, Tohoku Steel Co ranks #361 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Tohoku Steel Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tohoku Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tohoku Steel Co ranks #361 out of 598 companies for Days Payable. This places Tohoku Steel Co in the lower half of its industry. The industry median Days Payable is 41.39. Tohoku Steel Co's value of 31.24 is 24.5% below this benchmark. Historically, Tohoku Steel Co's own Days Payable has ranged from 31.94 to 47.64 over the past decade. While the company's 10-year median is 37.24 vs. the industry median of 41.39, Tohoku Steel Co 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 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. Tohoku Steel Co's current Days Payable of 31.24 is 24.5% 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 Tohoku Steel Co 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. Tohoku Steel Co's current Days Payable is 31.24, which is 16% below median its own 10-year median of 37.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tohoku Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Tohoku Steel Co (TSE:5484) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,985.10, compared to a current price of 円4,450.00 — trading 124.2% above its estimated fair value. The current Days Payable is 31.24, which is 16% below median its 10-year median of 37.24 and 24.5% below the Steel industry median of 41.39. Tohoku Steel Co's overall GF Score™ is 61/100 with 9 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 Tohoku Steel Co (TSE:5484), the current Days Payable is 31.24 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 Tohoku Steel Co (TSE:5484) Overvalued in 2026?

Based on GuruFocus' analysis, Tohoku Steel Co stock appears to be overvalued. The current stock price of 円4,450.00 is trading 124.2% above its estimated GF Value™ of 円1,985.10. GuruFocus considers Tohoku Steel Co to be Significantly Overvalued.

Key valuation signals for TSE:5484:

  • Days Payable: 31.24 (16% below median its 10-year median of 37.24)
  • GF Value™: 円1,985.10 vs. price of 円4,450.00 (124.2% above fair value)
  • GF Score™: 61/100 with 9 warning signs
  • Industry Position: 24.5% below the Steel median (#361 of 598)

No single metric tells the full story. See the TSE:5484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tohoku Steel Co Business Description

Address 23 Nishigaoka, Murata-machi, Shibata-gun, Miyagi, Murata, JPN, 989-1393
Tohoku Steel Co Ltd is engaged in manufacturing, processing, and distribution of various types of special steel. It provides magnetic materials, heat-resistant alloys, anti-corrosion alloys, low thermal expansion materials, electronic materials, base materials for deposition, and sealing materials.
61GF Score

Get the complete analysis for TSE:5484

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円4,450.00
Price
円1,985.10
GF Value