TESEC (TSE:6337) Days Payable: 15.96 (As of Mar. 2026) — 31% Below Median

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TSE:6337 TESEC Corp TSE:6337
77 GF Score
Price 円2,438.00
GF Value 円1,701.05
Valuation Significantly Overvalued
! 4 Warning Signs
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What is TESEC Days Payable?

TESEC TSE:6337 +1.58% 77 Days Payable is 15.96 as of Mar. 2026, which is 31% below its 10-year median of 23.26. GuruFocus rates TSE:6337 with a GF Score™ of 77/100 and a GF Value™ of 円1,701.05 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 998 Semiconductors companies, TESEC ranks worse than 95.59% on this metric.

TESEC's average Accounts Payable for the six months ended in Mar. 2026 was 円158 Mil. TESEC's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,801 Mil. Hence, TESEC's Days Payable for the six months ended in Mar. 2026 was 15.96.

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

TSE:6337' s Days Payable Range Over the Past 10 Years
Min: 11.3   Med: 23.26   Max: 29.24
Current: 13.92

During the past 13 years, TESEC's highest Days Payable was 29.24. The lowest was 11.30. And the median was 23.26.

TSE:6337's Days Payable is ranked worse than
95.59% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs TSE:6337: 13.92

TESEC's Days Payable increased from Mar. 2025 (9.61) to Mar. 2026 (15.96). It may suggest that TESEC delayed paying its suppliers.


TESEC Days Payable Historical Data

* Premium members only.

The historical data trend for TESEC'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.

TESEC Days Payable Chart

TESEC 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 23.97 27.53 20.48 11.30 15.57

TESEC 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 20.20 16.57 9.61 9.87 15.96

TSE:6337 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, TESEC'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.


TESEC Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, TESEC's Days Payable distribution charts can be found below:

* The bar in red indicates where TESEC's Days Payable falls into.


TSE:6337
77GF Score
TESEC Corp TSE:6337
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TESEC 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.

TESEC'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
=( (74 + 216) / 2 ) / 3400*365
=145 / 3400*365
=15.57

TESEC'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
=( (99 + 216) / 2 ) / 1801*365 / 2
=157.5 / 1801*365 / 2
=15.96

* 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 15.96 mean?
TESEC (TSE:6337) has a Days Payable of 15.96 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 TESEC and its competitors. This is 31% below median its historical median of 23.26. Over the past decade, TESEC's Days Payable has ranged from 11.30 to 29.24. According to the industry distribution chart, TESEC ranks #954 out of 998 companies in the Semiconductors industry, placing it in the top 95.6%.
Is TESEC's Days Payable too high?
TESEC's current Days Payable of 15.96 is 31% below median its 10-year median of 23.26. Over the past 10 years, this metric has ranged from a low of 11.30 to a high of 29.24. The Semiconductors industry median Days Payable is 52.98. TESEC's value of 15.96 is 69.9% below this industry median. Based on the distribution chart, TESEC ranks #954 out of 998 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, TESEC has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TESEC's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, TESEC ranks #954 out of 998 companies for Days Payable. This places TESEC in the lower half of its industry. The industry median Days Payable is 52.98. TESEC's value of 15.96 is 69.9% below this benchmark. Historically, TESEC's own Days Payable has ranged from 11.30 to 29.24 over the past decade. While the company's 10-year median is 23.26 vs. the industry median of 52.98, TESEC 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 a Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 998 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. TESEC's current Days Payable of 15.96 is 69.9% 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 TESEC and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TESEC's current Days Payable is 15.96, which is 31% below median its own 10-year median of 23.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TESEC stock overvalued right now?
Based on GuruFocus' analysis, TESEC (TSE:6337) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,701.05, compared to a current price of 円2,438.00 — trading 43.3% above its estimated fair value. The current Days Payable is 15.96, which is 31% below median its 10-year median of 23.26 and 69.9% below the Semiconductors industry median of 52.98. TESEC's overall GF Score™ is 77/100 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 TESEC (TSE:6337), the current Days Payable is 15.96 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 TESEC (TSE:6337) Overvalued in 2026?

Based on GuruFocus' analysis, TESEC stock appears to be overvalued. The current stock price of 円2,438.00 is trading 43.3% above its estimated GF Value™ of 円1,701.05. GuruFocus considers TESEC to be Significantly Overvalued.

Key valuation signals for TSE:6337:

  • Days Payable: 15.96 (31% below median its 10-year median of 23.26)
  • GF Value™: 円1,701.05 vs. price of 円2,438.00 (43.3% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 69.9% below the Semiconductors median (#954 of 998)

No single metric tells the full story. See the TSE:6337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TESEC Business Description

Address 391-1, Kamikitadai 3-chome, Higashiyamato, Tokyo, JPN, 207-0023
TESEC Corp is a manufacturer of semiconductor test equipment. The company's product profile is divided into Test Systems and Handlers. Test Systems include products such as Dynamic Test System, Thermal Resistance Tester, Discrete Device Test System, IPD/IPM Test system, and others. Handlers comprise of Strip Test Handler, Die Sorter, Discrete Handler, TAB Handler, Film Frame Test Handler, Gravity Handler, and other related products. It also provides after-sales services.
77GF Score

Get the complete analysis for TSE:6337

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

円2,438.00
Price
円1,701.05
GF Value