Toyo Kanetsu KK (TSE:6369) Days Payable: 7.51 (As of Mar. 2026) — 34% Below Median

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TSE:6369 Toyo Kanetsu KK TSE:6369
79 GF Score
Price 円2,452.00
GF Value 円2,289.94
Valuation Fairly Valued
! 2 Warning Signs
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What is Toyo Kanetsu KK Days Payable?

Toyo Kanetsu KK TSE:6369 +0.70% 79 Days Payable is 7.51 as of Mar. 2026, which is 34% below its 10-year median of 11.42. GuruFocus rates TSE:6369 with a GF Score™ of 79/100 and a GF Value™ of 円2,289.94 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,991 Industrial Products companies, Toyo Kanetsu KK ranks worse than 98.76% on this metric.

Toyo Kanetsu KK's average Accounts Payable for the three months ended in Mar. 2026 was 円1,143 Mil. Toyo Kanetsu KK's Cost of Goods Sold for the three months ended in Mar. 2026 was 円13,892 Mil. Hence, Toyo Kanetsu KK's Days Payable for the three months ended in Mar. 2026 was 7.51.

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

TSE:6369' s Days Payable Range Over the Past 10 Years
Min: 7.62   Med: 11.42   Max: 30.24
Current: 7.81

During the past 13 years, Toyo Kanetsu KK's highest Days Payable was 30.24. The lowest was 7.62. And the median was 11.42.

TSE:6369's Days Payable is ranked worse than
98.76% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs TSE:6369: 7.81

Toyo Kanetsu KK's Days Payable increased from Mar. 2025 (5.88) to Mar. 2026 (7.51). It may suggest that Toyo Kanetsu KK delayed paying its suppliers.


Toyo Kanetsu KK Days Payable Historical Data

* Premium members only.

The historical data trend for Toyo Kanetsu KK'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.

Toyo Kanetsu KK Days Payable Chart

Toyo Kanetsu KK 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 10.62 15.00 9.73 7.62 8.19

Toyo Kanetsu KK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 5.88 9.07 6.85 7.69 7.51

TSE:6369 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK'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.


Toyo Kanetsu KK Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Toyo Kanetsu KK's Days Payable falls into.


TSE:6369
79GF Score
Toyo Kanetsu KK TSE:6369
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyo Kanetsu KK 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.

Toyo Kanetsu KK'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
=( (976 + 1085) / 2 ) / 45925*365
=1030.5 / 45925*365
=8.19

Toyo Kanetsu KK'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1201 + 1085) / 2 ) / 13892*365 / 4
=1143 / 13892*365 / 4
=7.51

* 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 7.51 mean?
Toyo Kanetsu KK (TSE:6369) has a Days Payable of 7.51 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 Toyo Kanetsu KK and its competitors. This is 34% below median its historical median of 11.42. Over the past decade, Toyo Kanetsu KK's Days Payable has ranged from 7.62 to 30.24. According to the industry distribution chart, Toyo Kanetsu KK ranks #2954 out of 2991 companies in the Industrial Products industry, placing it in the top 98.8%.
Is Toyo Kanetsu KK's Days Payable too high?
Toyo Kanetsu KK's current Days Payable of 7.51 is 34% below median its 10-year median of 11.42. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 30.24. The Industrial Products industry median Days Payable is 78.05. Toyo Kanetsu KK's value of 7.51 is 90.4% below this industry median. Based on the distribution chart, Toyo Kanetsu KK ranks #2954 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Toyo Kanetsu KK has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Kanetsu KK's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Toyo Kanetsu KK ranks #2954 out of 2991 companies for Days Payable. This places Toyo Kanetsu KK in the lower half of its industry. The industry median Days Payable is 78.05. Toyo Kanetsu KK's value of 7.51 is 90.4% below this benchmark. Historically, Toyo Kanetsu KK's own Days Payable has ranged from 7.62 to 30.24 over the past decade. While the company's 10-year median is 11.42 vs. the industry median of 78.05, Toyo Kanetsu KK 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 2,991 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. Toyo Kanetsu KK's current Days Payable of 7.51 is 90.4% 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 Toyo Kanetsu KK 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. Toyo Kanetsu KK's current Days Payable is 7.51, which is 34% below median its own 10-year median of 11.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Kanetsu KK stock overvalued right now?
Based on GuruFocus' analysis, Toyo Kanetsu KK (TSE:6369) is currently considered Fairly Valued. The stock's GF Value™ is 円2,289.94, compared to a current price of 円2,452.00 — trading 7.1% above its estimated fair value. The current Days Payable is 7.51, which is 34% below median its 10-year median of 11.42 and 90.4% below the Industrial Products industry median of 78.05. Toyo Kanetsu KK's overall GF Score™ is 79/100 with 2 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 Toyo Kanetsu KK (TSE:6369), the current Days Payable is 7.51 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 Toyo Kanetsu KK (TSE:6369) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Kanetsu KK stock appears to be overvalued. The current stock price of 円2,452.00 is trading 7.1% above its estimated GF Value™ of 円2,289.94. GuruFocus considers Toyo Kanetsu KK to be Fairly Valued.

Key valuation signals for TSE:6369:

  • Days Payable: 7.51 (34% below median its 10-year median of 11.42)
  • GF Value™: 円2,289.94 vs. price of 円2,452.00 (7.1% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 90.4% below the Industrial Products median (#2954 of 2991)

No single metric tells the full story. See the TSE:6369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Kanetsu KK Business Description

Address 11-1, Minamisuna 2-chome, Koto-ku, Tokyo, JPN, 136-8666
Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.
79GF Score

Get the complete analysis for TSE:6369

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

円2,452.00
Price
円2,289.94
GF Value