Airman (TSE:6364) Days Payable: 44.76 (As of Mar. 2026) — 10% Below Median


TSE:6364 Airman Corp TSE:6364
91 GF Score
Price 円1,903.00
GF Value 円2,125.74
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Airman Days Payable?

Airman TSE:6364 -0.21% 91 Days Payable is 44.76 as of Mar. 2026, which is 10% below its 10-year median of 49.55. GuruFocus rates TSE:6364 with a GF Score™ of 91/100 and a GF Value™ of 円2,125.74 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,986 Industrial Products companies, Airman ranks worse than 71.27% on this metric.

Airman's average Accounts Payable for the six months ended in Mar. 2026 was 円4,899 Mil. Airman's Cost of Goods Sold for the six months ended in Mar. 2026 was 円19,974 Mil. Hence, Airman's Days Payable for the six months ended in Mar. 2026 was 44.76.

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

TSE:6364' s Days Payable Range Over the Past 10 Years
Min: 44.72   Med: 49.55   Max: 71.99
Current: 47.77

During the past 13 years, Airman's highest Days Payable was 71.99. The lowest was 44.72. And the median was 49.55.

TSE:6364's Days Payable is ranked worse than
71.27% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs TSE:6364: 47.77

Airman's Days Payable declined from Mar. 2025 (56.29) to Mar. 2026 (44.76). It may suggest that Airman accelerated paying its suppliers.


Airman Days Payable Historical Data

* Premium members only.

The historical data trend for Airman'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.

Airman Days Payable Chart

Airman 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 50.45 49.74 53.80 51.87 49.35

Airman 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 51.56 54.46 56.29 49.16 44.76

TSE:6364 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Airman'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.


Airman Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airman's Days Payable distribution charts can be found below:

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


TSE:6364
91GF Score
Airman Corp TSE:6364
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Airman 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.

Airman'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
=( (6057.553 + 4861.066) / 2 ) / 40380.989*365
=5459.3095 / 40380.989*365
=49.35

Airman'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
=( (4937.125 + 4861.066) / 2 ) / 19973.934*365 / 2
=4899.0955 / 19973.934*365 / 2
=44.76

* 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 44.76 mean?
Airman (TSE:6364) has a Days Payable of 44.76 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 Airman and its competitors. This is 10% below median its historical median of 49.55. Over the past decade, Airman's Days Payable has ranged from 44.72 to 71.99. According to the industry distribution chart, Airman ranks #2128 out of 2986 companies in the Industrial Products industry, placing it in the top 71.3%.
Is Airman's Days Payable too high?
Airman's current Days Payable of 44.76 is 10% below median its 10-year median of 49.55. Over the past 10 years, this metric has ranged from a low of 44.72 to a high of 71.99. The Industrial Products industry median Days Payable is 78.07. Airman's value of 44.76 is 42.7% below this industry median. Based on the distribution chart, Airman ranks #2128 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Airman has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airman's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Airman ranks #2128 out of 2986 companies for Days Payable. This places Airman in the lower half of its industry. The industry median Days Payable is 78.07. Airman's value of 44.76 is 42.7% below this benchmark. Historically, Airman's own Days Payable has ranged from 44.72 to 71.99 over the past decade. While the company's 10-year median is 49.55 vs. the industry median of 78.07, Airman 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. Airman's current Days Payable of 44.76 is 42.7% 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 Airman 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. Airman's current Days Payable is 44.76, which is 10% below median its own 10-year median of 49.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airman stock overvalued right now?
Based on GuruFocus' analysis, Airman (TSE:6364) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,125.74, compared to a current price of 円1,903.00 — trading 10.5% below its estimated fair value. The current Days Payable is 44.76, which is 10% below median its 10-year median of 49.55 and 42.7% below the Industrial Products industry median of 78.07. Airman's overall GF Score™ is 91/100 with 5 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 Airman (TSE:6364), the current Days Payable is 44.76 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 Airman (TSE:6364) Overvalued in 2026?

Based on GuruFocus' analysis, Airman stock appears to be undervalued. The current stock price of 円1,903.00 is trading 10.5% below its estimated GF Value™ of 円2,125.74. GuruFocus considers Airman to be Modestly Undervalued.

Key valuation signals for TSE:6364:

  • Days Payable: 44.76 (10% below median its 10-year median of 49.55)
  • GF Value™: 円2,125.74 vs. price of 円1,903.00 (10.5% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 42.7% below the Industrial Products median (#2128 of 2986)

No single metric tells the full story. See the TSE:6364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airman Business Description

Address 3074 Shimoawazu, Niigata Prefecture, Tsubame, JPN, 959-0293
Airman Corp is engaged in the manufacturing and sales of engine compressors, motor compressors, engine generators, aerial work platforms, and mini backhoes.
91GF Score

Get the complete analysis for TSE:6364

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

円1,903.00
Price
円2,125.74
GF Value