KitagawaTSE:6317 +1.08%68 Days Payable is 26.86 as of Mar. 2026, which is 31% below its 10-year median of 38.85. GuruFocus rates TSE:6317 with a GF Score™ of 68/100 and a GF Value™ of 円1,407.35 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,986 Industrial Products companies, Kitagawa ranks worse than 89.48% on this metric.
Kitagawa's average Accounts Payable for the
six
months ended in Mar. 2026 was 円3,573 Mil. Kitagawa's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円24,275 Mil.
Hence, Kitagawa's Days Payable for the
six
months ended in Mar. 2026 was 26.86.
The historical rank and industry rank for Kitagawa's Days Payable or its related term are showing as below:
TSE:6317'
s Days Payable Range Over the Past 10 Years
Min: 27.18 Med: 38.85 Max: 72
Current: 27.18
During the past 13 years, Kitagawa's highest Days Payable was 72.00. The lowest was 27.18. And the median was 38.85.
TSE:6317's Days Payable is ranked worse than 89.48% of 2986
companies
in the Industrial Products industry
Industry Median: 78.065
vs TSE:6317: 27.18
Kitagawa's Days Payable
declined
from Mar. 2025 (30.44) to Mar. 2026 (26.86).
It may suggest that Kitagawaaccelerated paying its suppliers.
Kitagawa Days Payable Related Terms
Kitagawa Days Payable Historical Data
* Premium members only.
The historical data trend for Kitagawa'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, Kitagawa'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.
Kitagawa Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kitagawa's Days Payable distribution charts can be found below:
* The bar in red indicates where Kitagawa'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.
Kitagawa'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.
Kitagawa (TSE:6317) has a Days Payable of 26.86 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 Kitagawa and its competitors. This is 31% below median its historical median of 38.85. Over the past decade, Kitagawa's Days Payable has ranged from 27.18 to 72.00. According to the industry distribution chart, Kitagawa ranks #2672 out of 2986 companies in the Industrial Products industry, placing it in the top 89.5%.
Is Kitagawa's Days Payable too high?
Kitagawa's current Days Payable of 26.86 is 31% below median its 10-year median of 38.85. Over the past 10 years, this metric has ranged from a low of 27.18 to a high of 72.00. The Industrial Products industry median Days Payable is 78.07. Kitagawa's value of 26.86 is 65.6% below this industry median. Based on the distribution chart, Kitagawa ranks #2672 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kitagawa has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitagawa's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kitagawa ranks #2672 out of 2986 companies for Days Payable. This places Kitagawa in the lower half of its industry. The industry median Days Payable is 78.07. Kitagawa's value of 26.86 is 65.6% below this benchmark. Historically, Kitagawa's own Days Payable has ranged from 27.18 to 72.00 over the past decade. While the company's 10-year median is 38.85 vs. the industry median of 78.07, Kitagawa 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 78.07, based on 2,986 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. Kitagawa's current Days Payable of 26.86 is 65.6% 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 Kitagawa and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitagawa's current Days Payable is 26.86, which is 31% below median its own 10-year median of 38.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitagawa stock overvalued right now?
Based on GuruFocus' analysis, Kitagawa (TSE:6317) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,407.35, compared to a current price of 円1,690.00 — trading 20.1% above its estimated fair value. The current Days Payable is 26.86, which is 31% below median its 10-year median of 38.85 and 65.6% below the Industrial Products industry median of 78.07. Kitagawa's overall GF Score™ is 68/100 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 Kitagawa (TSE:6317), the current Days Payable is 26.86 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 Kitagawa (TSE:6317) Overvalued in 2026?
Based on GuruFocus' analysis, Kitagawa stock appears to be overvalued.
The current stock price of 円1,690.00 is trading 20.1% above its estimated GF Value™ of 円1,407.35.
GuruFocus considers Kitagawa to be Modestly Overvalued.
Key valuation signals for TSE:6317:
Days Payable: 26.86 (31% below median its 10-year median of 38.85)
GF Value™: 円1,407.35 vs. price of 円1,690.00 (20.1% above fair value)
Industry Position: 65.6% below the Industrial Products median (#2672 of 2986)
No single metric tells the full story. See the TSE:6317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kitagawa Corp is the diversified machinery manufacturing company based in Japan. It is specialised in three core businesses: the production and development of casting and machining techniques of metal raw materials; supplying power chucks and numerically controlled rotary tables to the global machine tool industry; constructing custom-made concrete and recycling plants as well as providing construction machinery for various projects, including bridge erection and self-propelled multi-floor parking. The company has an operational presence across the United Kingdom, the United States of America, China, Taiwan, Australia, Germany and other regions.
68GF Score
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