Alinco (TSE:5933) Days Payable: 60.93 (As of Mar. 2026) — 18% Below Median

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TSE:5933 Alinco Inc TSE:5933
63 GF Score
Price 円1,099.00
GF Value 円1,070.83
Valuation Fairly Valued
! 6 Warning Signs
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What is Alinco Days Payable?

Alinco TSE:5933 +0.46% 63 Days Payable is 60.93 as of Mar. 2026, which is 18% below its 10-year median of 74.59. GuruFocus rates TSE:5933 with a GF Score™ of 63/100 and a GF Value™ of 円1,070.83 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,442 Hardware companies, Alinco ranks worse than 58.89% on this metric.

Alinco's average Accounts Payable for the six months ended in Mar. 2026 was 円7,628 Mil. Alinco's Cost of Goods Sold for the six months ended in Mar. 2026 was 円22,847 Mil. Hence, Alinco's Days Payable for the six months ended in Mar. 2026 was 60.93.

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

TSE:5933' s Days Payable Range Over the Past 10 Years
Min: 58.88   Med: 74.59   Max: 84.58
Current: 59.7

During the past 13 years, Alinco's highest Days Payable was 84.58. The lowest was 58.88. And the median was 74.59.

TSE:5933's Days Payable is ranked worse than
58.89% of 2442 companies
in the Hardware industry
Industry Median: 69.935 vs TSE:5933: 59.70

Alinco's Days Payable declined from Mar. 2025 (63.74) to Mar. 2026 (60.93). It may suggest that Alinco accelerated paying its suppliers.


Alinco Days Payable Historical Data

* Premium members only.

The historical data trend for Alinco'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.

Alinco Days Payable Chart

Alinco 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 73.98 77.50 74.56 61.76 58.88

Alinco 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 70.22 67.43 63.74 59.32 60.93

TSE:5933 vs COHR, KEYS, GRMN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, Alinco'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.


Alinco Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Alinco's Days Payable distribution charts can be found below:

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


TSE:5933
63GF Score
Alinco Inc TSE:5933
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alinco 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.

Alinco'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
=( (7429.115 + 7486.233) / 2 ) / 46229.013*365
=7457.674 / 46229.013*365
=58.88

Alinco'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
=( (7769.916 + 7486.233) / 2 ) / 22846.884*365 / 2
=7628.0745 / 22846.884*365 / 2
=60.93

* 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 60.93 mean?
Alinco (TSE:5933) has a Days Payable of 60.93 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 Alinco and its competitors. This is 18% below median its historical median of 74.59. Over the past decade, Alinco's Days Payable has ranged from 58.88 to 84.58. According to the industry distribution chart, Alinco ranks #1438 out of 2442 companies in the Hardware industry, placing it in the top 58.9%.
Is Alinco's Days Payable too high?
Alinco's current Days Payable of 60.93 is 18% below median its 10-year median of 74.59. Over the past 10 years, this metric has ranged from a low of 58.88 to a high of 84.58. The Hardware industry median Days Payable is 69.94. Alinco's value of 60.93 is 12.9% below this industry median. Based on the distribution chart, Alinco ranks #1438 out of 2442 companies in the Hardware industry, which is below the industry midpoint. Overall, Alinco has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alinco's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Alinco ranks #1438 out of 2442 companies for Days Payable. This places Alinco in the lower half of its industry. The industry median Days Payable is 69.94. Alinco's value of 60.93 is 12.9% below this benchmark. Historically, Alinco's own Days Payable has ranged from 58.88 to 84.58 over the past decade. While the company's 10-year median is 74.59 vs. the industry median of 69.94, Alinco 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,442 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. Alinco's current Days Payable of 60.93 is 12.9% 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 Alinco and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alinco's current Days Payable is 60.93, which is 18% below median its own 10-year median of 74.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alinco stock overvalued right now?
Based on GuruFocus' analysis, Alinco (TSE:5933) is currently considered Fairly Valued. The stock's GF Value™ is 円1,070.83, compared to a current price of 円1,099.00 — trading 2.6% above its estimated fair value. The current Days Payable is 60.93, which is 18% below median its 10-year median of 74.59 and 12.9% below the Hardware industry median of 69.94. Alinco's overall GF Score™ is 63/100 with 6 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 Alinco (TSE:5933), the current Days Payable is 60.93 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 Alinco (TSE:5933) Overvalued in 2026?

Based on GuruFocus' analysis, Alinco stock appears to be overvalued. The current stock price of 円1,099.00 is trading 2.6% above its estimated GF Value™ of 円1,070.83. GuruFocus considers Alinco to be Fairly Valued.

Key valuation signals for TSE:5933:

  • Days Payable: 60.93 (18% below median its 10-year median of 74.59)
  • GF Value™: 円1,070.83 vs. price of 円1,099.00 (2.6% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 12.9% below the Hardware median (#1438 of 2442)

No single metric tells the full story. See the TSE:5933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alinco Business Description

Address 1-1-1 Mishimae, Osaka Prefecture, Takatsuki, JPN, 541-0043
Alinco Inc provides temporary construction equipment on a rental basis. The company is also involved in the manufacture and sale of aluminum products and fitness equipment for housing and construction sites, and the manufacture and sale of electronic products, etc. It also engages in business activities such as logistics, research, and other services related to its business.
63GF Score

Get the complete analysis for TSE:5933

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

円1,099.00
Price
円1,070.83
GF Value