Techno SmartTSE:6246 +1.49%85 Days Payable is 29.67 as of Mar. 2026, which is 27% below its 10-year median of 40.86. GuruFocus rates TSE:6246 with a GF Score™ of 85/100 and a GF Value™ of 円1,967.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Techno Smart ranks worse than 83.13% on this metric.
The historical rank and industry rank for Techno Smart's Days Payable or its related term are showing as below:
TSE:6246'
s Days Payable Range Over the Past 10 Years
Min: 25.58 Med: 40.86 Max: 58.86
Current: 34.7
During the past 13 years, Techno Smart's highest Days Payable was 58.86. The lowest was 25.58. And the median was 40.86.
TSE:6246's Days Payable is ranked worse than 83.13% of 2993
companies
in the Industrial Products industry
Industry Median: 78.04
vs TSE:6246: 34.70
Techno Smart's Days Payable
increased
from Mar. 2025 (28.13) to Mar. 2026 (29.67).
It may suggest that Techno Smartdelayed paying its suppliers.
Techno Smart Days Payable Related Terms
Techno Smart Days Payable Historical Data
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The historical data trend for Techno Smart'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.
For the Specialty Industrial Machinery subindustry, Techno Smart'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.
Techno Smart Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Techno Smart's Days Payable distribution charts can be found below:
* The bar in red indicates where Techno Smart'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.
Techno Smart'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.
Techno Smart (TSE:6246) has a Days Payable of 29.67 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 Techno Smart and its competitors. This is 27% below median its historical median of 40.86. Over the past decade, Techno Smart's Days Payable has ranged from 25.58 to 58.86. According to the industry distribution chart, Techno Smart ranks #2488 out of 2993 companies in the Industrial Products industry, placing it in the top 83.1%.
Is Techno Smart's Days Payable too high?
Techno Smart's current Days Payable of 29.67 is 27% below median its 10-year median of 40.86. Over the past 10 years, this metric has ranged from a low of 25.58 to a high of 58.86. The Industrial Products industry median Days Payable is 78.04. Techno Smart's value of 29.67 is 62% below this industry median. Based on the distribution chart, Techno Smart ranks #2488 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Techno Smart has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Techno Smart's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Techno Smart ranks #2488 out of 2993 companies for Days Payable. This places Techno Smart in the lower half of its industry. The industry median Days Payable is 78.04. Techno Smart's value of 29.67 is 62% below this benchmark. Historically, Techno Smart's own Days Payable has ranged from 25.58 to 58.86 over the past decade. While the company's 10-year median is 40.86 vs. the industry median of 78.04, Techno Smart 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. Techno Smart's current Days Payable of 29.67 is 62% 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 Techno Smart 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. Techno Smart's current Days Payable is 29.67, which is 27% below median its own 10-year median of 40.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Smart stock overvalued right now?
Based on GuruFocus' analysis, Techno Smart (TSE:6246) is currently considered Fairly Valued. The stock's GF Value™ is 円1,967.28, compared to a current price of 円1,903.00 — trading 3.3% below its estimated fair value. The current Days Payable is 29.67, which is 27% below median its 10-year median of 40.86 and 62% below the Industrial Products industry median of 78.04. Techno Smart's overall GF Score™ is 85/100 with 4 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 Techno Smart (TSE:6246), the current Days Payable is 29.67 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 Techno Smart (TSE:6246) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Smart stock appears to be undervalued.
The current stock price of 円1,903.00 is trading 3.3% below its estimated GF Value™ of 円1,967.28.
GuruFocus considers Techno Smart to be Fairly Valued.
Key valuation signals for TSE:6246:
Days Payable: 29.67 (27% below median its 10-year median of 40.86)
GF Value™: 円1,967.28 vs. price of 円1,903.00 (3.3% below fair value)
Industry Position: 62% below the Industrial Products median (#2488 of 2993)
No single metric tells the full story. See the TSE:6246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Smart Corp is based in Japan. The company operates in a single segment, the machinery and equipment manufacturing industry, and designs, manufactures, installs and sells various dryers, principally coating and drying equipment used to impart various functionalities to substrates such as film, metal foil and paper, as well as heat treatment equipment, chemical engineering equipment and other industrial machinery.
85GF Score
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