Kanematsu Engineering Co (TSE:6402) Days Payable: 34.23 (As of Mar. 2026) — 60% Below Median


TSE:6402 Kanematsu Engineering Co Ltd TSE:6402
81 GF Score
Price 円1,476.00
GF Value 円1,470.76
Valuation Fairly Valued
! 1 Warning Sign
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What is Kanematsu Engineering Co Days Payable?

Kanematsu Engineering Co TSE:6402 +0.14% 81 Days Payable is 34.23 as of Mar. 2026, which is 60% below its 10-year median of 85.40. GuruFocus rates TSE:6402 with a GF Score™ of 81/100 and a GF Value™ of 円1,470.76 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,991 Industrial Products companies, Kanematsu Engineering Co ranks worse than 85.26% on this metric.

Kanematsu Engineering Co's average Accounts Payable for the six months ended in Mar. 2026 was 円937 Mil. Kanematsu Engineering Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円4,994 Mil. Hence, Kanematsu Engineering Co's Days Payable for the six months ended in Mar. 2026 was 34.23.

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

TSE:6402' s Days Payable Range Over the Past 10 Years
Min: 30.02   Med: 85.4   Max: 99.1
Current: 32.88

During the past 13 years, Kanematsu Engineering Co's highest Days Payable was 99.10. The lowest was 30.02. And the median was 85.40.

TSE:6402's Days Payable is ranked worse than
85.26% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs TSE:6402: 32.88

Kanematsu Engineering Co's Days Payable declined from Mar. 2025 (85.38) to Mar. 2026 (34.23). It may suggest that Kanematsu Engineering Co accelerated paying its suppliers.


Kanematsu Engineering Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kanematsu Engineering 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.

Kanematsu Engineering Co Days Payable Chart

Kanematsu Engineering 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 81.95 95.49 74.12 44.69 30.02

Kanematsu Engineering Co 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 106.65 85.19 85.38 34.38 34.23

TSE:6402 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Kanematsu Engineering 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.


Kanematsu Engineering Co Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Kanematsu Engineering Co's Days Payable falls into.


TSE:6402
81GF Score
Kanematsu Engineering Co Ltd TSE:6402
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kanematsu Engineering 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.

Kanematsu Engineering 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
=( (912.845 + 783.137) / 2 ) / 10311.031*365
=847.991 / 10311.031*365
=30.02

Kanematsu Engineering 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1090.303 + 783.137) / 2 ) / 4994.328*365 / 2
=936.72 / 4994.328*365 / 2
=34.23

* 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 34.23 mean?
Kanematsu Engineering Co (TSE:6402) has a Days Payable of 34.23 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 Kanematsu Engineering Co and its competitors. This is 60% below median its historical median of 85.40. Over the past decade, Kanematsu Engineering Co's Days Payable has ranged from 30.02 to 99.10. According to the industry distribution chart, Kanematsu Engineering Co ranks #2550 out of 2991 companies in the Industrial Products industry, placing it in the top 85.3%.
Is Kanematsu Engineering Co's Days Payable too high?
Kanematsu Engineering Co's current Days Payable of 34.23 is 60% below median its 10-year median of 85.40. Over the past 10 years, this metric has ranged from a low of 30.02 to a high of 99.10. The Industrial Products industry median Days Payable is 78.08. Kanematsu Engineering Co's value of 34.23 is 56.2% below this industry median. Based on the distribution chart, Kanematsu Engineering Co ranks #2550 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kanematsu Engineering Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kanematsu Engineering Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kanematsu Engineering Co ranks #2550 out of 2991 companies for Days Payable. This places Kanematsu Engineering Co in the lower half of its industry. The industry median Days Payable is 78.08. Kanematsu Engineering Co's value of 34.23 is 56.2% below this benchmark. Historically, Kanematsu Engineering Co's own Days Payable has ranged from 30.02 to 99.10 over the past decade. While the company's 10-year median is 85.40 vs. the industry median of 78.08, Kanematsu Engineering 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 78.08, 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. Kanematsu Engineering Co's current Days Payable of 34.23 is 56.2% 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 Kanematsu Engineering Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanematsu Engineering Co's current Days Payable is 34.23, which is 60% below median its own 10-year median of 85.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanematsu Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Kanematsu Engineering Co (TSE:6402) is currently considered Fairly Valued. The stock's GF Value™ is 円1,470.76, compared to a current price of 円1,476.00 — trading 0.4% above its estimated fair value. The current Days Payable is 34.23, which is 60% below median its 10-year median of 85.40 and 56.2% below the Industrial Products industry median of 78.08. Kanematsu Engineering Co's overall GF Score™ is 81/100 with 1 warning sign 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 Kanematsu Engineering Co (TSE:6402), the current Days Payable is 34.23 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 Kanematsu Engineering Co (TSE:6402) Overvalued in 2026?

Based on GuruFocus' analysis, Kanematsu Engineering Co stock appears to be overvalued. The current stock price of 円1,476.00 is trading 0.4% above its estimated GF Value™ of 円1,470.76. GuruFocus considers Kanematsu Engineering Co to be Fairly Valued.

Key valuation signals for TSE:6402:

  • Days Payable: 34.23 (60% below median its 10-year median of 85.40)
  • GF Value™: 円1,470.76 vs. price of 円1,476.00 (0.4% above fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 56.2% below the Industrial Products median (#2550 of 2991)

No single metric tells the full story. See the TSE:6402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanematsu Engineering Co Business Description

Address 3981-7, Nunoshida, Kochi, JPN, 781-5101
Kanematsu Engineering Co Ltd offers specialty vehicles. Its principal products include high-power suction trucks, stationary suction machine, high-pressure cleaning trucks, powder suction and pressure delivery trucks and dredge system. It's products used by industrial waste disposer, iron and steel industry, electric power company, shipbuilding company, and overseas users.
81GF Score

Get the complete analysis for TSE:6402

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

円1,476.00
Price
円1,470.76
GF Value