Taihei Machinery Works (TSE:6342) Days Payable: 22.23 (As of Mar. 2026) — 73% Below Median


TSE:6342 Taihei Machinery Works Ltd TSE:6342
81 GF Score
Price 円2,792.00
GF Value 円2,519.52
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Taihei Machinery Works Days Payable?

Taihei Machinery Works TSE:6342 -0.61% 81 Days Payable is 22.23 as of Mar. 2026, which is 73% below its 10-year median of 81.60. GuruFocus rates TSE:6342 with a GF Score™ of 81/100 and a GF Value™ of 円2,519.52 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 275 Forest Products companies, Taihei Machinery Works ranks worse than 88.36% on this metric.

Taihei Machinery Works's average Accounts Payable for the six months ended in Mar. 2026 was 円253 Mil. Taihei Machinery Works's Cost of Goods Sold for the six months ended in Mar. 2026 was 円2,076 Mil. Hence, Taihei Machinery Works's Days Payable for the six months ended in Mar. 2026 was 22.23.

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

TSE:6342' s Days Payable Range Over the Past 10 Years
Min: 20.06   Med: 81.6   Max: 105.15
Current: 21.02

During the past 13 years, Taihei Machinery Works's highest Days Payable was 105.15. The lowest was 20.06. And the median was 81.60.

TSE:6342's Days Payable is ranked worse than
88.36% of 275 companies
in the Forest Products industry
Industry Median: 56.94 vs TSE:6342: 21.02

Taihei Machinery Works's Days Payable declined from Mar. 2025 (27.56) to Mar. 2026 (22.23). It may suggest that Taihei Machinery Works accelerated paying its suppliers.


Taihei Machinery Works Days Payable Historical Data

* Premium members only.

The historical data trend for Taihei Machinery Works'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.

Taihei Machinery Works Days Payable Chart

Taihei Machinery Works 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 70.99 97.23 101.03 75.05 20.06

Taihei Machinery Works 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 97.40 79.66 27.56 20.94 22.23

TSE:6342 vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, Taihei Machinery Works'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.


Taihei Machinery Works Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Taihei Machinery Works's Days Payable distribution charts can be found below:

* The bar in red indicates where Taihei Machinery Works's Days Payable falls into.


TSE:6342
81GF Score
Taihei Machinery Works Ltd TSE:6342
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Taihei Machinery Works 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.

Taihei Machinery Works'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
=( (319.817 + 205.519) / 2 ) / 4778.303*365
=262.668 / 4778.303*365
=20.06

Taihei Machinery Works'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
=( (300.216 + 205.519) / 2 ) / 2075.803*365 / 2
=252.8675 / 2075.803*365 / 2
=22.23

* 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 22.23 mean?
Taihei Machinery Works (TSE:6342) has a Days Payable of 22.23 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 Taihei Machinery Works and its competitors. This is 73% below median its historical median of 81.60. Over the past decade, Taihei Machinery Works' Days Payable has ranged from 20.06 to 105.15. According to the industry distribution chart, Taihei Machinery Works ranks #243 out of 275 companies in the Forest Products industry, placing it in the top 88.4%.
Is Taihei Machinery Works' Days Payable too high?
Taihei Machinery Works' current Days Payable of 22.23 is 73% below median its 10-year median of 81.60. Over the past 10 years, this metric has ranged from a low of 20.06 to a high of 105.15. The Forest Products industry median Days Payable is 56.94. Taihei Machinery Works' value of 22.23 is 61% below this industry median. Based on the distribution chart, Taihei Machinery Works ranks #243 out of 275 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Taihei Machinery Works has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taihei Machinery Works' Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Taihei Machinery Works ranks #243 out of 275 companies for Days Payable. This places Taihei Machinery Works in the lower half of its industry. The industry median Days Payable is 56.94. Taihei Machinery Works' value of 22.23 is 61% below this benchmark. Historically, Taihei Machinery Works' own Days Payable has ranged from 20.06 to 105.15 over the past decade. While the company's 10-year median is 81.60 vs. the industry median of 56.94, Taihei Machinery Works 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.94, based on 275 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. Taihei Machinery Works's current Days Payable of 22.23 is 61% 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 Taihei Machinery Works and its competitors. For the Forest Products industry, the median Days Payable is 56.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taihei Machinery Works's current Days Payable is 22.23, which is 73% below median its own 10-year median of 81.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihei Machinery Works stock overvalued right now?
Based on GuruFocus' analysis, Taihei Machinery Works (TSE:6342) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,519.52, compared to a current price of 円2,792.00 — trading 10.8% above its estimated fair value. The current Days Payable is 22.23, which is 73% below median its 10-year median of 81.60 and 61% below the Forest Products industry median of 56.94. Taihei Machinery Works' overall GF Score™ is 81/100 with 6 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 Taihei Machinery Works (TSE:6342), the current Days Payable is 22.23 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 Taihei Machinery Works (TSE:6342) Overvalued in 2026?

Based on GuruFocus' analysis, Taihei Machinery Works stock appears to be overvalued. The current stock price of 円2,792.00 is trading 10.8% above its estimated GF Value™ of 円2,519.52. GuruFocus considers Taihei Machinery Works to be Modestly Overvalued.

Key valuation signals for TSE:6342:

  • Days Payable: 22.23 (73% below median its 10-year median of 81.60)
  • GF Value™: 円2,519.52 vs. price of 円2,792.00 (10.8% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 61% below the Forest Products median (#243 of 275)

No single metric tells the full story. See the TSE:6342 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taihei Machinery Works Business Description

Address 955-8, Miyamae, Irukade-shinden, Aichi, Komaki, JPN, 485-0084
Taihei Machinery Works Ltd is engaged in the manufacturing and sale of plywood and woodworking machines. It offers plywood plant equipment, LVL production machines, knife grinding machines, chargers, reeling apparatus and dryers among others.
81GF Score

Get the complete analysis for TSE:6342

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

円2,792.00
Price
円2,519.52
GF Value