Kobelco Wire Co (TSE:5660) Days Payable: 33.68 (As of Mar. 2026) — 18% Below Median

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TSE:5660 Kobelco Wire Co Ltd TSE:5660
65 GF Score
Price 円1,791.00
GF Value 円1,264.92
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Kobelco Wire Co Days Payable?

Kobelco Wire Co TSE:5660 +4.55% 65 Days Payable is 33.68 as of Mar. 2026, which is 18% below its 10-year median of 40.85. GuruFocus rates TSE:5660 with a GF Score™ of 65/100 and a GF Value™ of 円1,264.92 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 598 Steel companies, Kobelco Wire Co ranks worse than 59.03% on this metric.

Kobelco Wire Co's average Accounts Payable for the six months ended in Mar. 2026 was 円2,520 Mil. Kobelco Wire Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円13,653 Mil. Hence, Kobelco Wire Co's Days Payable for the six months ended in Mar. 2026 was 33.68.

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

TSE:5660' s Days Payable Range Over the Past 10 Years
Min: 33.93   Med: 40.85   Max: 44.76
Current: 33.93

During the past 13 years, Kobelco Wire Co's highest Days Payable was 44.76. The lowest was 33.93. And the median was 40.85.

TSE:5660's Days Payable is ranked worse than
59.03% of 598 companies
in the Steel industry
Industry Median: 41.385 vs TSE:5660: 33.93

Kobelco Wire Co's Days Payable increased from Mar. 2025 (33.17) to Mar. 2026 (33.68). It may suggest that Kobelco Wire Co delayed paying its suppliers.


Kobelco Wire Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kobelco Wire 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.

Kobelco Wire Co Days Payable Chart

Kobelco Wire 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 41.90 44.76 39.53 34.12 33.96

Kobelco Wire 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 33.46 35.03 33.17 34.15 33.68

TSE:5660 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Kobelco Wire 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.


Kobelco Wire Co Days Payable vs Steel Industry

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

* The bar in red indicates where Kobelco Wire Co's Days Payable falls into.


TSE:5660
65GF Score
Kobelco Wire Co Ltd TSE:5660
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kobelco Wire 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.

Kobelco Wire 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
=( (2593 + 2500) / 2 ) / 27366*365
=2546.5 / 27366*365
=33.96

Kobelco Wire 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
=( (2539 + 2500) / 2 ) / 13653*365 / 2
=2519.5 / 13653*365 / 2
=33.68

* 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 33.68 mean?
Kobelco Wire Co (TSE:5660) has a Days Payable of 33.68 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 Kobelco Wire Co and its competitors. This is 18% below median its historical median of 40.85. Over the past decade, Kobelco Wire Co's Days Payable has ranged from 33.93 to 44.76. According to the industry distribution chart, Kobelco Wire Co ranks #353 out of 598 companies in the Steel industry, placing it in the top 59%.
Is Kobelco Wire Co's Days Payable too high?
Kobelco Wire Co's current Days Payable of 33.68 is 18% below median its 10-year median of 40.85. Over the past 10 years, this metric has ranged from a low of 33.93 to a high of 44.76. The Steel industry median Days Payable is 41.39. Kobelco Wire Co's value of 33.68 is 18.6% below this industry median. Based on the distribution chart, Kobelco Wire Co ranks #353 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Kobelco Wire Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobelco Wire Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Kobelco Wire Co ranks #353 out of 598 companies for Days Payable. This places Kobelco Wire Co in the lower half of its industry. The industry median Days Payable is 41.39. Kobelco Wire Co's value of 33.68 is 18.6% below this benchmark. Historically, Kobelco Wire Co's own Days Payable has ranged from 33.93 to 44.76 over the past decade. While the company's 10-year median is 40.85 vs. the industry median of 41.39, Kobelco Wire 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. Kobelco Wire Co's current Days Payable of 33.68 is 18.6% 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 Kobelco Wire 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. Kobelco Wire Co's current Days Payable is 33.68, which is 18% below median its own 10-year median of 40.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobelco Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Kobelco Wire Co (TSE:5660) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,264.92, compared to a current price of 円1,791.00 — trading 41.6% above its estimated fair value. The current Days Payable is 33.68, which is 18% below median its 10-year median of 40.85 and 18.6% below the Steel industry median of 41.39. Kobelco Wire Co's overall GF Score™ is 65/100 with 8 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 Kobelco Wire Co (TSE:5660), the current Days Payable is 33.68 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 Kobelco Wire Co (TSE:5660) Overvalued in 2026?

Based on GuruFocus' analysis, Kobelco Wire Co stock appears to be overvalued. The current stock price of 円1,791.00 is trading 41.6% above its estimated GF Value™ of 円1,264.92. GuruFocus considers Kobelco Wire Co to be Significantly Overvalued.

Key valuation signals for TSE:5660:

  • Days Payable: 33.68 (18% below median its 10-year median of 40.85)
  • GF Value™: 円1,264.92 vs. price of 円1,791.00 (41.6% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 18.6% below the Steel median (#353 of 598)

No single metric tells the full story. See the TSE:5660 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kobelco Wire Co Business Description

Address 10-1 Nakahama-cho, Amagasaki-shi, Hyogo-ken, JPN, 6600091
Kobelco Wire Co Ltd formerly Shinko Wire Co Ltd is a comprehensive manufacturer of steel wire products. The company is organized in three business segments - Steel Wire, Wire Rope, and Engineering business. Its Steel Wire business is engaged in the production and sale of PC steel wire, unbonded and afterbond PC steel wire, stainless steel wire, oil tempered wire, and nickel plated steel wire. The Wire rope business manufactures general rope, special rope, stainless steel rope, and wire rope processed item. The Engineering business is involved in the manufacturing and selling of steel wire processing products, plant engineering, and falling bridge prevention cable.
65GF Score

Get the complete analysis for TSE:5660

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

円1,791.00
Price
円1,264.92
GF Value