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ToamiTSE:5973 +0.34%73 Days Payable is 30.23 as of Mar. 2026, which is 45% below its 10-year median of 54.87. GuruFocus rates TSE:5973 with a GF Score™ of 73/100 and a GF Value™ of 円596.57 (Fairly Valued). The stock has 7 warning signs investors should review. Among 598 Steel companies, Toami ranks worse than 61.2% on this metric.
Toami's average Accounts Payable for the
six
months ended in Mar. 2026 was 円1,280 Mil. Toami's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円7,729 Mil.
Hence, Toami's Days Payable for the
six
months ended in Mar. 2026 was 30.23.
The historical rank and industry rank for Toami's Days Payable or its related term are showing as below:
TSE:5973'
s Days Payable Range Over the Past 10 Years
Min: 29.14 Med: 54.87 Max: 71.92
Current: 31.48
During the past 13 years, Toami's highest Days Payable was 71.92. The lowest was 29.14. And the median was 54.87.
TSE:5973's Days Payable is ranked worse than 61.2% of 598
companies
in the Steel industry
Industry Median: 41.37
vs TSE:5973: 31.48
Toami's Days Payable
declined
from Mar. 2025 (39.35) to Mar. 2026 (30.23).
It may suggest that Toamiaccelerated paying its suppliers.
The historical data trend for Toami'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.
TSE:5973 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Toami'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.
Toami Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Toami's Days Payable distribution charts can be found below:
* The bar in red indicates where Toami's Days Payable falls into.
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.
Toami's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Toami (TSE:5973) has a Days Payable of 30.23 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 Toami and its competitors. This is 45% below median its historical median of 54.87. Over the past decade, Toami's Days Payable has ranged from 29.14 to 71.92. According to the industry distribution chart, Toami ranks #366 out of 598 companies in the Steel industry, placing it in the top 61.2%.
Is Toami's Days Payable too high?
Toami's current Days Payable of 30.23 is 45% below median its 10-year median of 54.87. Over the past 10 years, this metric has ranged from a low of 29.14 to a high of 71.92. The Steel industry median Days Payable is 41.37. Toami's value of 30.23 is 26.9% below this industry median. Based on the distribution chart, Toami ranks #366 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Toami has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toami's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Toami ranks #366 out of 598 companies for Days Payable. This places Toami in the lower half of its industry. The industry median Days Payable is 41.37. Toami's value of 30.23 is 26.9% below this benchmark. Historically, Toami's own Days Payable has ranged from 29.14 to 71.92 over the past decade. While the company's 10-year median is 54.87 vs. the industry median of 41.37, Toami 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 41.37, 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. Toami's current Days Payable of 30.23 is 26.9% 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 Toami and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toami's current Days Payable is 30.23, which is 45% below median its own 10-year median of 54.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toami stock overvalued right now?
Based on GuruFocus' analysis, Toami (TSE:5973) is currently considered Fairly Valued. The stock's GF Value™ is 円596.57, compared to a current price of 円591.00 — trading 0.9% below its estimated fair value. The current Days Payable is 30.23, which is 45% below median its 10-year median of 54.87 and 26.9% below the Steel industry median of 41.37. Toami's overall GF Score™ is 73/100 with 7 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 Toami (TSE:5973), the current Days Payable is 30.23 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 Toami (TSE:5973) Overvalued in 2026?
Based on GuruFocus' analysis, Toami stock appears to be undervalued.
The current stock price of 円591.00 is trading 0.9% below its estimated GF Value™ of 円596.57.
GuruFocus considers Toami to be Fairly Valued.
Key valuation signals for TSE:5973:
Days Payable: 30.23 (45% below median its 10-year median of 54.87)
GF Value™: 円596.57 vs. price of 円591.00 (0.9% below fair value)
Industry Position: 26.9% below the Steel median (#366 of 598)
No single metric tells the full story. See the TSE:5973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toami Corp manufactures and sells welded wire mesh and special welded wire mesh for civil engineering works. It offers welded wire fabrics, welded plates, galvanized iron wires, spiral hoops, net welded wires, and plastic-coated wires, among others. The company's business segment includes Civil engineering and Construction materials business segment and the Civil engineering and construction work business segment. The company generates the majority of its revenue from the Civil engineering and construction material segment.
73GF Score
Get the complete analysis for TSE:5973
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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