KOIKENSO KOGYO Co (TSE:6137) Days Payable: 50.84 (As of Mar. 2026) — 34% Below Median


TSE:6137 KOIKE SANSO KOGYO Co Ltd TSE:6137
77 GF Score
Price 円1,490.00
GF Value 円1,275.35
Valuation Modestly Overvalued
! 2 Warning Signs
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What is KOIKENSO KOGYO Co Days Payable?

KOIKENSO KOGYO Co TSE:6137 -1.97% 77 Days Payable is 50.84 as of Mar. 2026, which is 34% below its 10-year median of 77.09. GuruFocus rates TSE:6137 with a GF Score™ of 77/100 and a GF Value™ of 円1,275.35 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,993 Industrial Products companies, KOIKENSO KOGYO Co ranks worse than 62.04% on this metric.

KOIKENSO KOGYO Co's average Accounts Payable for the six months ended in Mar. 2026 was 円6,155 Mil. KOIKENSO KOGYO Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円22,093 Mil. Hence, KOIKENSO KOGYO Co's Days Payable for the six months ended in Mar. 2026 was 50.84.

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

TSE:6137' s Days Payable Range Over the Past 10 Years
Min: 59.74   Med: 77.09   Max: 84.81
Current: 59.74

During the past 13 years, KOIKENSO KOGYO Co's highest Days Payable was 84.81. The lowest was 59.74. And the median was 77.09.

TSE:6137's Days Payable is ranked worse than
62.04% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs TSE:6137: 59.74

KOIKENSO KOGYO Co's Days Payable declined from Mar. 2025 (56.59) to Mar. 2026 (50.84). It may suggest that KOIKENSO KOGYO Co accelerated paying its suppliers.


KOIKENSO KOGYO Co Days Payable Historical Data

* Premium members only.

The historical data trend for KOIKENSO KOGYO 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.

KOIKENSO KOGYO Co Days Payable Chart

KOIKENSO KOGYO 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 72.84 69.51 67.16 62.44 62.98

KOIKENSO KOGYO 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 60.00 67.15 56.59 68.23 50.84

TSE:6137 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, KOIKENSO KOGYO 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.


KOIKENSO KOGYO Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, KOIKENSO KOGYO Co's Days Payable distribution charts can be found below:

* The bar in red indicates where KOIKENSO KOGYO Co's Days Payable falls into.


TSE:6137
77GF Score
KOIKE SANSO KOGYO Co Ltd TSE:6137
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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KOIKENSO KOGYO 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.

KOIKENSO KOGYO 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
=( (6336 + 6770) / 2 ) / 37975*365
=6553 / 37975*365
=62.98

KOIKENSO KOGYO 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
=( (5539 + 6770) / 2 ) / 22093*365 / 2
=6154.5 / 22093*365 / 2
=50.84

* 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 50.84 mean?
KOIKENSO KOGYO Co (TSE:6137) has a Days Payable of 50.84 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 KOIKENSO KOGYO Co and its competitors. This is 34% below median its historical median of 77.09. Over the past decade, KOIKENSO KOGYO Co's Days Payable has ranged from 59.74 to 84.81. According to the industry distribution chart, KOIKENSO KOGYO Co ranks #1857 out of 2993 companies in the Industrial Products industry, placing it in the top 62%.
Is KOIKENSO KOGYO Co's Days Payable too high?
KOIKENSO KOGYO Co's current Days Payable of 50.84 is 34% below median its 10-year median of 77.09. Over the past 10 years, this metric has ranged from a low of 59.74 to a high of 84.81. The Industrial Products industry median Days Payable is 78.04. KOIKENSO KOGYO Co's value of 50.84 is 34.9% below this industry median. Based on the distribution chart, KOIKENSO KOGYO Co ranks #1857 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, KOIKENSO KOGYO Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KOIKENSO KOGYO Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, KOIKENSO KOGYO Co ranks #1857 out of 2993 companies for Days Payable. This places KOIKENSO KOGYO Co in the lower half of its industry. The industry median Days Payable is 78.04. KOIKENSO KOGYO Co's value of 50.84 is 34.9% below this benchmark. Historically, KOIKENSO KOGYO Co's own Days Payable has ranged from 59.74 to 84.81 over the past decade. While the company's 10-year median is 77.09 vs. the industry median of 78.04, KOIKENSO KOGYO 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. KOIKENSO KOGYO Co's current Days Payable of 50.84 is 34.9% 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 KOIKENSO KOGYO Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KOIKENSO KOGYO Co's current Days Payable is 50.84, which is 34% below median its own 10-year median of 77.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KOIKENSO KOGYO Co stock overvalued right now?
Based on GuruFocus' analysis, KOIKENSO KOGYO Co (TSE:6137) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,275.35, compared to a current price of 円1,490.00 — trading 16.8% above its estimated fair value. The current Days Payable is 50.84, which is 34% below median its 10-year median of 77.09 and 34.9% below the Industrial Products industry median of 78.04. KOIKENSO KOGYO Co's overall GF Score™ is 77/100 with 2 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 KOIKENSO KOGYO Co (TSE:6137), the current Days Payable is 50.84 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 KOIKENSO KOGYO Co (TSE:6137) Overvalued in 2026?

Based on GuruFocus' analysis, KOIKENSO KOGYO Co stock appears to be overvalued. The current stock price of 円1,490.00 is trading 16.8% above its estimated GF Value™ of 円1,275.35. GuruFocus considers KOIKENSO KOGYO Co to be Modestly Overvalued.

Key valuation signals for TSE:6137:

  • Days Payable: 50.84 (34% below median its 10-year median of 77.09)
  • GF Value™: 円1,275.35 vs. price of 円1,490.00 (16.8% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 34.9% below the Industrial Products median (#1857 of 2993)

No single metric tells the full story. See the TSE:6137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KOIKENSO KOGYO Co Business Description

Address 1-9-3, Onodai, Midori-ku, Chiba-shi, Chiba, JPN, 267-0056
KOIKE SANSO KOGYO Co Ltd is a Japan-based machine manufacturer. The company is engaged in the manufacturing and sale of processing machines and systems for welding and cutting and related products. The products offered by the company include gas equipment, exhaust gas treatment equipment, cutting and welding machine. The company caters its products and services to shipbuilding, steel bridges, construction machinery, industrial machinery, automobiles, electric products, and semiconductor industries. KOIKE SANSO KOGYO sells its products in Japan and overseas market.
77GF Score

Get the complete analysis for TSE:6137

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

円1,490.00
Price
円1,275.35
GF Value