Tomoe Engineering CoTSE:6309 +1.77%86 Days Payable is 39.41 as of Apr. 2026, which is 10% below its 10-year median of 43.73. GuruFocus rates TSE:6309 with a GF Score™ of 86/100 and a GF Value™ of 円1,614.29 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,994 Industrial Products companies, Tomoe Engineering Co ranks worse than 80.96% on this metric.
The historical rank and industry rank for Tomoe Engineering Co's Days Payable or its related term are showing as below:
TSE:6309'
s Days Payable Range Over the Past 10 Years
Min: 6.59 Med: 43.73 Max: 47.66
Current: 37.61
During the past 13 years, Tomoe Engineering Co's highest Days Payable was 47.66. The lowest was 6.59. And the median was 43.73.
TSE:6309's Days Payable is ranked worse than 80.96% of 2994
companies
in the Industrial Products industry
Industry Median: 78.045
vs TSE:6309: 37.61
Tomoe Engineering Co's Days Payable
increased
from Apr. 2025 (35.56) to Apr. 2026 (39.41).
It may suggest that Tomoe Engineering Codelayed paying its suppliers.
Tomoe Engineering Co Days Payable Related Terms
Tomoe Engineering Co Days Payable Historical Data
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The historical data trend for Tomoe Engineering 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.
For the Specialty Industrial Machinery subindustry, Tomoe Engineering 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.
Tomoe Engineering Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tomoe Engineering Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tomoe Engineering Co'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.
Tomoe Engineering Co's Days Payable for the fiscal year that ended in Oct. 2025 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.
Tomoe Engineering Co (TSE:6309) has a Days Payable of 39.41 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tomoe Engineering Co and its competitors. This is 10% below median its historical median of 43.73. Over the past decade, Tomoe Engineering Co's Days Payable has ranged from 6.59 to 47.66. According to the industry distribution chart, Tomoe Engineering Co ranks #2424 out of 2994 companies in the Industrial Products industry, placing it in the top 81%.
Is Tomoe Engineering Co's Days Payable too high?
Tomoe Engineering Co's current Days Payable of 39.41 is 10% below median its 10-year median of 43.73. Over the past 10 years, this metric has ranged from a low of 6.59 to a high of 47.66. The Industrial Products industry median Days Payable is 78.05. Tomoe Engineering Co's value of 39.41 is 49.5% below this industry median. Based on the distribution chart, Tomoe Engineering Co ranks #2424 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tomoe Engineering Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomoe Engineering Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tomoe Engineering Co ranks #2424 out of 2994 companies for Days Payable. This places Tomoe Engineering Co in the lower half of its industry. The industry median Days Payable is 78.05. Tomoe Engineering Co's value of 39.41 is 49.5% below this benchmark. Historically, Tomoe Engineering Co's own Days Payable has ranged from 6.59 to 47.66 over the past decade. While the company's 10-year median is 43.73 vs. the industry median of 78.05, Tomoe Engineering 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 78.05, based on 2,994 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. Tomoe Engineering Co's current Days Payable of 39.41 is 49.5% 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 Tomoe Engineering Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomoe Engineering Co's current Days Payable is 39.41, which is 10% below median its own 10-year median of 43.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomoe Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Tomoe Engineering Co (TSE:6309) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,614.29, compared to a current price of 円1,901.00 — trading 17.8% above its estimated fair value. The current Days Payable is 39.41, which is 10% below median its 10-year median of 43.73 and 49.5% below the Industrial Products industry median of 78.05. Tomoe Engineering Co's overall GF Score™ is 86/100 with 1 warning sign 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 Tomoe Engineering Co (TSE:6309), the current Days Payable is 39.41 as of Apr. 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 Tomoe Engineering Co (TSE:6309) Overvalued in 2026?
Based on GuruFocus' analysis, Tomoe Engineering Co stock appears to be overvalued.
The current stock price of 円1,901.00 is trading 17.8% above its estimated GF Value™ of 円1,614.29.
GuruFocus considers Tomoe Engineering Co to be Modestly Overvalued.
Key valuation signals for TSE:6309:
Days Payable: 39.41 (10% below median its 10-year median of 43.73)
GF Value™: 円1,614.29 vs. price of 円1,901.00 (17.8% above fair value)
Industry Position: 49.5% below the Industrial Products median (#2424 of 2994)
No single metric tells the full story. See the TSE:6309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomoe Engineering Co Ltd is engaged in the manufacture and sale of centrifuges and the supply of chemical industrial products. Its product portfolio comprises centrifugal separators for applications in different industries, including wastewater and sludge treatment, food, animal feed, energy, biology, chemicals, and others. In addition, the group offers different industrial chemical products such as synthetic resins, alumina hydrate, electrode paste, UV curing resins, zirconia, silica fume, etc. The group's reportable segments are Chemical industrial product sales business, which generates maximum revenue, and the Machinery manufacturing and sales business.
86GF Score
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