Kato Works Co (TSE:6390) Days Payable: 22.32 (As of Mar. 2026) — 45% Below Median

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TSE:6390 Kato Works Co Ltd TSE:6390
57 GF Score
Price 円1,295.00
GF Value 円1,345.38
Valuation Fairly Valued
! 5 Warning Signs
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What is Kato Works Co Days Payable?

Kato Works Co TSE:6390 -1.15% 57 Days Payable is 22.32 as of Mar. 2026, which is 45% below its 10-year median of 40.83. GuruFocus rates TSE:6390 with a GF Score™ of 57/100 and a GF Value™ of 円1,345.38 (Fairly Valued). The stock has 5 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Kato Works Co ranks worse than 91.39% on this metric.

Kato Works Co's average Accounts Payable for the three months ended in Mar. 2026 was 円4,201 Mil. Kato Works Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円17,170 Mil. Hence, Kato Works Co's Days Payable for the three months ended in Mar. 2026 was 22.32.

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

TSE:6390' s Days Payable Range Over the Past 10 Years
Min: 29.91   Med: 40.83   Max: 100.83
Current: 30.37

During the past 13 years, Kato Works Co's highest Days Payable was 100.83. The lowest was 29.91. And the median was 40.83.

TSE:6390's Days Payable is ranked worse than
91.39% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 68.13 vs TSE:6390: 30.37

Kato Works Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (22.32). It may suggest that Kato Works Co delayed paying its suppliers.


Kato Works Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kato Works 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.

Kato Works Co Days Payable Chart

Kato Works Co 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 30.44 39.97 41.68 39.24 29.91

Kato Works Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 33.38 28.87 44.90 22.32

TSE:6390 vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Kato Works 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.


Kato Works Co Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kato Works Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kato Works Co's Days Payable falls into.


TSE:6390
57GF Score
Kato Works Co Ltd TSE:6390
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kato Works Co 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.

Kato Works Co'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
=( (4230 + 4049) / 2 ) / 50511*365
=4139.5 / 50511*365
=29.91

Kato Works Co'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
=( (4352 + 4049) / 2 ) / 17170*365 / 4
=4200.5 / 17170*365 / 4
=22.32

* 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 22.32 mean?
Kato Works Co (TSE:6390) has a Days Payable of 22.32 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 Kato Works Co and its competitors. This is 45% below median its historical median of 40.83. Over the past decade, Kato Works Co's Days Payable has ranged from 29.91 to 100.83. According to the industry distribution chart, Kato Works Co ranks #191 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 91.4%.
Is Kato Works Co's Days Payable too high?
Kato Works Co's current Days Payable of 22.32 is 45% below median its 10-year median of 40.83. Over the past 10 years, this metric has ranged from a low of 29.91 to a high of 100.83. The Farm & Heavy Construction Machinery industry median Days Payable is 68.13. Kato Works Co's value of 22.32 is 67.2% below this industry median. Based on the distribution chart, Kato Works Co ranks #191 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Kato Works Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kato Works Co's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Kato Works Co ranks #191 out of 209 companies for Days Payable. This places Kato Works Co in the lower half of its industry. The industry median Days Payable is 68.13. Kato Works Co's value of 22.32 is 67.2% below this benchmark. Historically, Kato Works Co's own Days Payable has ranged from 29.91 to 100.83 over the past decade. While the company's 10-year median is 40.83 vs. the industry median of 68.13, Kato Works 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 a Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 68.13, based on 209 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. Kato Works Co's current Days Payable of 22.32 is 67.2% 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 Kato Works Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 68.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kato Works Co's current Days Payable is 22.32, which is 45% below median its own 10-year median of 40.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kato Works Co stock overvalued right now?
Based on GuruFocus' analysis, Kato Works Co (TSE:6390) is currently considered Fairly Valued. The stock's GF Value™ is 円1,345.38, compared to a current price of 円1,295.00 — trading 3.7% below its estimated fair value. The current Days Payable is 22.32, which is 45% below median its 10-year median of 40.83 and 67.2% below the Farm & Heavy Construction Machinery industry median of 68.13. Kato Works Co's overall GF Score™ is 57/100 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 Kato Works Co (TSE:6390), the current Days Payable is 22.32 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 Kato Works Co (TSE:6390) Overvalued in 2026?

Based on GuruFocus' analysis, Kato Works Co stock appears to be undervalued. The current stock price of 円1,295.00 is trading 3.7% below its estimated GF Value™ of 円1,345.38. GuruFocus considers Kato Works Co to be Fairly Valued.

Key valuation signals for TSE:6390:

  • Days Payable: 22.32 (45% below median its 10-year median of 40.83)
  • GF Value™: 円1,345.38 vs. price of 円1,295.00 (3.7% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 67.2% below the Farm & Heavy Construction Machinery median (#191 of 209)

No single metric tells the full story. See the TSE:6390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kato Works Co Business Description

Address 9-37, Higashi-ohi 1-chome, Shinagawa-ku, Tokyo, JPN, 140-0011
Kato Works Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the manufacturing and sales of machinery used for the lifting and construction industries. It offers various construction equipment, mobile cranes, and industrial equipment, including truck cranes, hydraulic excavators, rough terrain cranes, all-terrain cranes, crawler cranes, mini excavators, earth boring rigs, vacuum trucks, street sweepers, and snow sweepers. Kato also offers related spare parts and services. The group's reportable segments are Japan, which is its key revenue-generating market, China, Europe, and Others.
57GF Score

Get the complete analysis for TSE:6390

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

円1,295.00
Price
円1,345.38
GF Value