Almetax Manufacturing Co (TSE:5928) Days Payable: 32.99 (As of Mar. 2026) — 36% Below Median

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TSE:5928 Almetax Manufacturing Co Ltd TSE:5928
59 GF Score
Price 円282.00
GF Value 円242.30
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Almetax Manufacturing Co Days Payable?

Almetax Manufacturing Co TSE:5928 +0.36% 59 Days Payable is 32.99 as of Mar. 2026, which is 36% below its 10-year median of 51.50. GuruFocus rates TSE:5928 with a GF Score™ of 59/100 and a GF Value™ of 円242.30 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,719 Construction companies, Almetax Manufacturing Co ranks worse than 88.95% on this metric.

Almetax Manufacturing Co's average Accounts Payable for the six months ended in Mar. 2026 was 円566 Mil. Almetax Manufacturing Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,132 Mil. Hence, Almetax Manufacturing Co's Days Payable for the six months ended in Mar. 2026 was 32.99.

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

TSE:5928' s Days Payable Range Over the Past 10 Years
Min: 26.81   Med: 51.5   Max: 61.54
Current: 30.49

During the past 13 years, Almetax Manufacturing Co's highest Days Payable was 61.54. The lowest was 26.81. And the median was 51.50.

TSE:5928's Days Payable is ranked worse than
88.95% of 1719 companies
in the Construction industry
Industry Median: 76.13 vs TSE:5928: 30.49

Almetax Manufacturing Co's Days Payable increased from Mar. 2025 (28.70) to Mar. 2026 (32.99). It may suggest that Almetax Manufacturing Co delayed paying its suppliers.


Almetax Manufacturing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Almetax Manufacturing 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.

Almetax Manufacturing Co Days Payable Chart

Almetax Manufacturing 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 58.92 61.54 51.49 35.97 26.81

Almetax Manufacturing 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 59.62 38.79 28.70 31.70 32.99

TSE:5928 vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Almetax Manufacturing 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.


Almetax Manufacturing Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Almetax Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Almetax Manufacturing Co's Days Payable falls into.


TSE:5928
59GF Score
Almetax Manufacturing Co Ltd TSE:5928
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Almetax Manufacturing 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.

Almetax Manufacturing 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
=( (459.04 + 473.588) / 2 ) / 6348.931*365
=466.314 / 6348.931*365
=26.81

Almetax Manufacturing 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
=( (658.641 + 473.588) / 2 ) / 3131.758*365 / 2
=566.1145 / 3131.758*365 / 2
=32.99

* 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 32.99 mean?
Almetax Manufacturing Co (TSE:5928) has a Days Payable of 32.99 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 Almetax Manufacturing Co and its competitors. This is 36% below median its historical median of 51.50. Over the past decade, Almetax Manufacturing Co's Days Payable has ranged from 26.81 to 61.54. According to the industry distribution chart, Almetax Manufacturing Co ranks #1529 out of 1719 companies in the Construction industry, placing it in the top 88.9%.
Is Almetax Manufacturing Co's Days Payable too high?
Almetax Manufacturing Co's current Days Payable of 32.99 is 36% below median its 10-year median of 51.50. Over the past 10 years, this metric has ranged from a low of 26.81 to a high of 61.54. The Construction industry median Days Payable is 76.13. Almetax Manufacturing Co's value of 32.99 is 56.7% below this industry median. Based on the distribution chart, Almetax Manufacturing Co ranks #1529 out of 1719 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Almetax Manufacturing Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Almetax Manufacturing Co's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Almetax Manufacturing Co ranks #1529 out of 1719 companies for Days Payable. This places Almetax Manufacturing Co in the lower half of its industry. The industry median Days Payable is 76.13. Almetax Manufacturing Co's value of 32.99 is 56.7% below this benchmark. Historically, Almetax Manufacturing Co's own Days Payable has ranged from 26.81 to 61.54 over the past decade. While the company's 10-year median is 51.50 vs. the industry median of 76.13, Almetax Manufacturing 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 Construction company?
The median Days Payable among Construction companies is 76.13, based on 1,719 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. Almetax Manufacturing Co's current Days Payable of 32.99 is 56.7% 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 Almetax Manufacturing Co and its competitors. For the Construction industry, the median Days Payable is 76.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Almetax Manufacturing Co's current Days Payable is 32.99, which is 36% below median its own 10-year median of 51.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almetax Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Almetax Manufacturing Co (TSE:5928) is currently considered Modestly Overvalued. The stock's GF Value™ is 円242.30, compared to a current price of 円282.00 — trading 16.4% above its estimated fair value. The current Days Payable is 32.99, which is 36% below median its 10-year median of 51.50 and 56.7% below the Construction industry median of 76.13. Almetax Manufacturing Co's overall GF Score™ is 59/100 with 5 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 Almetax Manufacturing Co (TSE:5928), the current Days Payable is 32.99 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 Almetax Manufacturing Co (TSE:5928) Overvalued in 2026?

Based on GuruFocus' analysis, Almetax Manufacturing Co stock appears to be overvalued. The current stock price of 円282.00 is trading 16.4% above its estimated GF Value™ of 円242.30. GuruFocus considers Almetax Manufacturing Co to be Modestly Overvalued.

Key valuation signals for TSE:5928:

  • Days Payable: 32.99 (36% below median its 10-year median of 51.50)
  • GF Value™: 円242.30 vs. price of 円282.00 (16.4% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 56.7% below the Construction median (#1529 of 1719)

No single metric tells the full story. See the TSE:5928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Almetax Manufacturing Co Business Description

Address 1-1-30 Oyodonaka, Kita-ku, Osaka, JPN
Almetax Manufacturing Co Ltd is a Japan-based company that engages in the manufacture and sale of aluminum building materials and civil engineering products. It offers residential design windows, feature windows, bay windows, screen doors, skylights, doors, kitchen doors, and bathroom doors.
59GF Score

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

円282.00
Price
円242.30
GF Value