The historical rank and industry rank for Daido Kogyo Co's Days Payable or its related term are showing as below:
TSE:6373'
s Days Payable Range Over the Past 10 Years
Min: 50.89 Med: 58.49 Max: 61.28
Current: 58.11
During the past 13 years, Daido Kogyo Co's highest Days Payable was 61.28. The lowest was 50.89. And the median was 58.49.
TSE:6373's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 78.045
vs TSE:6373: 58.11
Daido Kogyo Co's Days Payable
increased
from Sep. 2024 (57.33) to Sep. 2025 (58.59).
It may suggest that Daido Kogyo Codelayed paying its suppliers.
Daido Kogyo Co Days Payable Related Terms
Daido Kogyo Co Days Payable Historical Data
* Premium members only.
The historical data trend for Daido Kogyo Co'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, Daido Kogyo Co'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.
Daido Kogyo Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Daido Kogyo Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Daido Kogyo Co'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.
Daido Kogyo Co's Days Payable for the fiscal year that ended in Mar. 2025 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.
Daido Kogyo Co (TSE:6373) has a Days Payable of 58.59 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Daido Kogyo Co and its competitors. This is near median its historical median of 58.49. Over the past decade, Daido Kogyo Co's Days Payable has ranged from 50.89 to 61.28.
Is Daido Kogyo Co's Days Payable too high?
Daido Kogyo Co's current Days Payable of 58.59 is near median its 10-year median of 58.49. Over the past 10 years, this metric has ranged from a low of 50.89 to a high of 61.28. The Industrial Products industry median Days Payable is 78.05. Daido Kogyo Co's value of 58.59 is 24.9% below this industry median. Overall, Daido Kogyo Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Daido Kogyo Co's Days Payable compare to GEV and ETN?
Daido Kogyo Co's Days Payable of 58.59 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.05. Daido Kogyo Co's value of 58.59 is 24.9% below this benchmark. Historically, Daido Kogyo Co's own Days Payable has ranged from 50.89 to 61.28 over the past decade. While the company's 10-year median is 58.49 vs. the industry median of 78.05, Daido Kogyo Co 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 2,994 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. Daido Kogyo Co's current Days Payable of 58.59 is 24.9% 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 Daido Kogyo Co 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. Daido Kogyo Co's current Days Payable is 58.59, which is near median its own 10-year median of 58.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daido Kogyo Co stock overvalued right now?
Daido Kogyo Co (TSE:6373) has a current Days Payable of 58.59. The stock's GF Value™ is 円883.68, compared to a current price of 円1,489.00 — trading 68.5% above its estimated fair value. The current Days Payable is 58.59, which is near median its 10-year median of 58.49 and 24.9% below the Industrial Products industry median of 78.05. Daido Kogyo Co's overall GF Score™ is 44/100 with 9 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 Daido Kogyo Co (TSE:6373), the current Days Payable is 58.59 as of Sep. 2025. 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 Daido Kogyo Co (TSE:6373) Overvalued in 2026?
Based on GuruFocus' analysis, Daido Kogyo Co stock appears to be overvalued.
The current stock price of 円1,489.00 is trading 68.5% above its estimated GF Value™ of 円883.68.
Key valuation signals for TSE:6373:
Days Payable: 58.59 (near median its 10-year median of 58.49)
GF Value™: 円883.68 vs. price of 円1,489.00 (68.5% above fair value)
Industry Position: 24.9% below the Industrial Products median
No single metric tells the full story. See the TSE:6373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daido Kogyo Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the production and sale of motorcycle and automotive chains, industrial machinery chains, rims, wheels, conveyor systems and welfare equipment. Daido Kogyo has a network in India, Malaysia, Indonesia, Philippines, Vietnam, China.
44GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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