Kurimoto (TSE:5602) Days Payable: 32.69 (As of Mar. 2026) — 55% Below Median


TSE:5602 Kurimoto Ltd TSE:5602
68 GF Score
Price 円1,425.00
GF Value 円908.01
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Kurimoto Days Payable?

Kurimoto TSE:5602 +1.93% 68 Days Payable is 32.69 as of Mar. 2026, which is 55% below its 10-year median of 72.55. GuruFocus rates TSE:5602 with a GF Score™ of 68/100 and a GF Value™ of 円908.01 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 597 Steel companies, Kurimoto ranks worse than 53.6% on this metric.

Kurimoto's average Accounts Payable for the three months ended in Mar. 2026 was 円9,185 Mil. Kurimoto's Cost of Goods Sold for the three months ended in Mar. 2026 was 円25,641 Mil. Hence, Kurimoto's Days Payable for the three months ended in Mar. 2026 was 32.69.

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

TSE:5602' s Days Payable Range Over the Past 10 Years
Min: 36.94   Med: 72.55   Max: 102.67
Current: 38.73

During the past 13 years, Kurimoto's highest Days Payable was 102.67. The lowest was 36.94. And the median was 72.55.

TSE:5602's Days Payable is ranked worse than
53.6% of 597 companies
in the Steel industry
Industry Median: 41.39 vs TSE:5602: 38.73

Kurimoto's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (32.69). It may suggest that Kurimoto delayed paying its suppliers.


Kurimoto Days Payable Historical Data

* Premium members only.

The historical data trend for Kurimoto'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.

Kurimoto Days Payable Chart

Kurimoto 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 73.57 58.22 56.78 47.79 36.94

Kurimoto Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 46.51 42.43 37.00 32.69

TSE:5602 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Kurimoto'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.


Kurimoto Days Payable vs Steel Industry

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

* The bar in red indicates where Kurimoto's Days Payable falls into.


TSE:5602
68GF Score
Kurimoto Ltd TSE:5602
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kurimoto 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.

Kurimoto'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
=( (10418 + 8639) / 2 ) / 94153*365
=9528.5 / 94153*365
=36.94

Kurimoto'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (9730 + 8639) / 2 ) / 25641*365 / 4
=9184.5 / 25641*365 / 4
=32.69

* 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 32.69 mean?
Kurimoto (TSE:5602) has a Days Payable of 32.69 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 Kurimoto and its competitors. This is 55% below median its historical median of 72.55. Over the past decade, Kurimoto's Days Payable has ranged from 36.94 to 102.67. According to the industry distribution chart, Kurimoto ranks #320 out of 597 companies in the Steel industry, placing it in the top 53.6%.
Is Kurimoto's Days Payable too high?
Kurimoto's current Days Payable of 32.69 is 55% below median its 10-year median of 72.55. Over the past 10 years, this metric has ranged from a low of 36.94 to a high of 102.67. The Steel industry median Days Payable is 41.39. Kurimoto's value of 32.69 is 21% below this industry median. Based on the distribution chart, Kurimoto ranks #320 out of 597 companies in the Steel industry, which is below the industry midpoint. Overall, Kurimoto has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kurimoto's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Kurimoto ranks #320 out of 597 companies for Days Payable. This places Kurimoto in the lower half of its industry. The industry median Days Payable is 41.39. Kurimoto's value of 32.69 is 21% below this benchmark. Historically, Kurimoto's own Days Payable has ranged from 36.94 to 102.67 over the past decade. While the company's 10-year median is 72.55 vs. the industry median of 41.39, Kurimoto 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 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. Kurimoto's current Days Payable of 32.69 is 21% 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 Kurimoto 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. Kurimoto's current Days Payable is 32.69, which is 55% below median its own 10-year median of 72.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurimoto stock overvalued right now?
Based on GuruFocus' analysis, Kurimoto (TSE:5602) is currently considered Significantly Overvalued. The stock's GF Value™ is 円908.01, compared to a current price of 円1,425.00 — trading 56.9% above its estimated fair value. The current Days Payable is 32.69, which is 55% below median its 10-year median of 72.55 and 21% below the Steel industry median of 41.39. Kurimoto's overall GF Score™ is 68/100 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 Kurimoto (TSE:5602), the current Days Payable is 32.69 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 Kurimoto (TSE:5602) Overvalued in 2026?

Based on GuruFocus' analysis, Kurimoto stock appears to be overvalued. The current stock price of 円1,425.00 is trading 56.9% above its estimated GF Value™ of 円908.01. GuruFocus considers Kurimoto to be Significantly Overvalued.

Key valuation signals for TSE:5602:

  • Days Payable: 32.69 (55% below median its 10-year median of 72.55)
  • GF Value™: 円908.01 vs. price of 円1,425.00 (56.9% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 21% below the Steel median (#320 of 597)

No single metric tells the full story. See the TSE:5602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kurimoto Business Description

Address 1-12-19 Kitahorie, Nishi-ku, Osaka-shi, Osaka, JPN, 550-8580
Kurimoto Ltd engages in the business of ductile iron pipes and construction materials. The Pipe System products include ductile iron pipes, fittings, accessories, and valves, disaster prevention products, road, railway, and information and communication-related products. The firm also manufactures and sells industrial machines such as mixers, kneaders, and press machines; special cast irons and cast steel; and plant engineering. In addition, the company offers to separate and convey products, dredge pumps, sanitary and air conditioning equipment, civil engineering material products, construction materials, winding core pipes, fiber reinforced plastics, and pharmaceutical equipment.
68GF Score

Get the complete analysis for TSE:5602

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

円1,425.00
Price
円908.01
GF Value