DIJET Industrial Co (TSE:6138) Days Payable: 21.84 (As of Mar. 2026) — 21% Below Median

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TSE:6138 DIJET Industrial Co Ltd TSE:6138
64 GF Score
Price 円1,168.00
GF Value 円932.76
Valuation Modestly Overvalued
! 3 Warning Signs
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What is DIJET Industrial Co Days Payable?

DIJET Industrial Co TSE:6138 +2.82% 64 Days Payable is 21.84 as of Mar. 2026, which is 21% below its 10-year median of 27.63. GuruFocus rates TSE:6138 with a GF Score™ of 64/100 and a GF Value™ of 円932.76 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,993 Industrial Products companies, DIJET Industrial Co ranks worse than 93.75% on this metric.

DIJET Industrial Co's average Accounts Payable for the six months ended in Mar. 2026 was 円352 Mil. DIJET Industrial Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円2,940 Mil. Hence, DIJET Industrial Co's Days Payable for the six months ended in Mar. 2026 was 21.84.

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

TSE:6138' s Days Payable Range Over the Past 10 Years
Min: 20.95   Med: 27.63   Max: 31.43
Current: 21.58

During the past 13 years, DIJET Industrial Co's highest Days Payable was 31.43. The lowest was 20.95. And the median was 27.63.

TSE:6138's Days Payable is ranked worse than
93.75% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs TSE:6138: 21.58

DIJET Industrial Co's Days Payable increased from Mar. 2025 (20.52) to Mar. 2026 (21.84). It may suggest that DIJET Industrial Co delayed paying its suppliers.


DIJET Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for DIJET Industrial 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.

DIJET Industrial Co Days Payable Chart

DIJET Industrial 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 27.46 27.00 24.71 20.95 21.37

DIJET Industrial 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 23.15 22.02 20.52 21.53 21.84

TSE:6138 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, DIJET Industrial 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.


DIJET Industrial Co Days Payable vs Industrial Products Industry

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

* The bar in red indicates where DIJET Industrial Co's Days Payable falls into.


TSE:6138
64GF Score
DIJET Industrial Co Ltd TSE:6138
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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DIJET Industrial 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.

DIJET Industrial 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
=( (320.011 + 355.753) / 2 ) / 5770.815*365
=337.882 / 5770.815*365
=21.37

DIJET Industrial 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
=( (347.922 + 355.753) / 2 ) / 2939.852*365 / 2
=351.8375 / 2939.852*365 / 2
=21.84

* 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 21.84 mean?
DIJET Industrial Co (TSE:6138) has a Days Payable of 21.84 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 DIJET Industrial Co and its competitors. This is 21% below median its historical median of 27.63. Over the past decade, DIJET Industrial Co's Days Payable has ranged from 20.95 to 31.43. According to the industry distribution chart, DIJET Industrial Co ranks #2806 out of 2993 companies in the Industrial Products industry, placing it in the top 93.8%.
Is DIJET Industrial Co's Days Payable too high?
DIJET Industrial Co's current Days Payable of 21.84 is 21% below median its 10-year median of 27.63. Over the past 10 years, this metric has ranged from a low of 20.95 to a high of 31.43. The Industrial Products industry median Days Payable is 78.04. DIJET Industrial Co's value of 21.84 is 72% below this industry median. Based on the distribution chart, DIJET Industrial Co ranks #2806 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, DIJET Industrial Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DIJET Industrial Co's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, DIJET Industrial Co ranks #2806 out of 2993 companies for Days Payable. This places DIJET Industrial Co in the lower half of its industry. The industry median Days Payable is 78.04. DIJET Industrial Co's value of 21.84 is 72% below this benchmark. Historically, DIJET Industrial Co's own Days Payable has ranged from 20.95 to 31.43 over the past decade. While the company's 10-year median is 27.63 vs. the industry median of 78.04, DIJET Industrial 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. DIJET Industrial Co's current Days Payable of 21.84 is 72% 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 DIJET Industrial 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. DIJET Industrial Co's current Days Payable is 21.84, which is 21% below median its own 10-year median of 27.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIJET Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, DIJET Industrial Co (TSE:6138) is currently considered Modestly Overvalued. The stock's GF Value™ is 円932.76, compared to a current price of 円1,168.00 — trading 25.2% above its estimated fair value. The current Days Payable is 21.84, which is 21% below median its 10-year median of 27.63 and 72% below the Industrial Products industry median of 78.04. DIJET Industrial Co's overall GF Score™ is 64/100 with 3 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 DIJET Industrial Co (TSE:6138), the current Days Payable is 21.84 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 DIJET Industrial Co (TSE:6138) Overvalued in 2026?

Based on GuruFocus' analysis, DIJET Industrial Co stock appears to be overvalued. The current stock price of 円1,168.00 is trading 25.2% above its estimated GF Value™ of 円932.76. GuruFocus considers DIJET Industrial Co to be Modestly Overvalued.

Key valuation signals for TSE:6138:

  • Days Payable: 21.84 (21% below median its 10-year median of 27.63)
  • GF Value™: 円932.76 vs. price of 円1,168.00 (25.2% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 72% below the Industrial Products median (#2806 of 2993)

No single metric tells the full story. See the TSE:6138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DIJET Industrial Co Business Description

Address 2-1-18 Kami-Higashi, Hirano-ku, Osaka, JPN, 547-0002
DIJET Industrial Co Ltd is engaged in the development of cemented carbide technology as a manufacturer of cemented carbide tools.
64GF Score

Get the complete analysis for TSE:6138

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

円1,168.00
Price
円932.76
GF Value