TVE Co (TSE:6466) Days Payable: 27.83 (As of Mar. 2026) — Near Median


TSE:6466 TVE Co Ltd TSE:6466
60 GF Score
Price 円4,370.00
GF Value 円2,433.51
Valuation Significantly Overvalued
! 2 Warning Signs
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What is TVE Co Days Payable?

TVE Co TSE:6466 60 Days Payable is 27.83 as of Mar. 2026, which is 4% above its 10-year median of 26.68. GuruFocus rates TSE:6466 with a GF Score™ of 60/100 and a GF Value™ of 円2,433.51 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,994 Industrial Products companies, TVE Co ranks worse than 87.54% on this metric.

TVE Co's average Accounts Payable for the three months ended in Mar. 2026 was 円715 Mil. TVE Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円2,346 Mil. Hence, TVE Co's Days Payable for the three months ended in Mar. 2026 was 27.83.

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

TSE:6466' s Days Payable Range Over the Past 10 Years
Min: 18.78   Med: 26.68   Max: 38.94
Current: 29.7

During the past 13 years, TVE Co's highest Days Payable was 38.94. The lowest was 18.78. And the median was 26.68.

TSE:6466's Days Payable is ranked worse than
87.54% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs TSE:6466: 29.70

TVE Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (27.83). It may suggest that TVE Co delayed paying its suppliers.


TVE Co Days Payable Historical Data

* Premium members only.

The historical data trend for TVE 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.

TVE Co Days Payable Chart

TVE Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.58 22.95 21.80 18.78 22.12

TVE Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 35.00 25.80 29.58 27.83

TSE:6466 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, TVE 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.


TVE Co Days Payable vs Industrial Products Industry

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

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


TSE:6466
60GF Score
TVE Co Ltd TSE:6466
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TVE 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.

TVE Co's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (434.236 + 492.3) / 2 ) / 7643.885*365
=463.268 / 7643.885*365
=22.12

TVE 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
=( (710.175 + 720.755) / 2 ) / 2345.885*365 / 4
=715.465 / 2345.885*365 / 4
=27.83

* 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 27.83 mean?
TVE Co (TSE:6466) has a Days Payable of 27.83 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 TVE Co and its competitors. This is near median its historical median of 26.68. Over the past decade, TVE Co's Days Payable has ranged from 18.78 to 38.94. According to the industry distribution chart, TVE Co ranks #2621 out of 2994 companies in the Industrial Products industry, placing it in the top 87.5%.
Is TVE Co's Days Payable too high?
TVE Co's current Days Payable of 27.83 is near median its 10-year median of 26.68. Over the past 10 years, this metric has ranged from a low of 18.78 to a high of 38.94. The Industrial Products industry median Days Payable is 78.05. TVE Co's value of 27.83 is 64.3% below this industry median. Based on the distribution chart, TVE Co ranks #2621 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, TVE Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TVE Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, TVE Co ranks #2621 out of 2994 companies for Days Payable. This places TVE Co in the lower half of its industry. The industry median Days Payable is 78.05. TVE Co's value of 27.83 is 64.3% below this benchmark. Historically, TVE Co's own Days Payable has ranged from 18.78 to 38.94 over the past decade. While the company's 10-year median is 26.68 vs. the industry median of 78.05, TVE 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. TVE Co's current Days Payable of 27.83 is 64.3% 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 TVE 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. TVE Co's current Days Payable is 27.83, which is near median its own 10-year median of 26.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVE Co stock overvalued right now?
Based on GuruFocus' analysis, TVE Co (TSE:6466) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,433.51, compared to a current price of 円4,370.00 — trading 79.6% above its estimated fair value. The current Days Payable is 27.83, which is near median its 10-year median of 26.68 and 64.3% below the Industrial Products industry median of 78.05. TVE Co's overall GF Score™ is 60/100 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 TVE Co (TSE:6466), the current Days Payable is 27.83 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 TVE Co (TSE:6466) Overvalued in 2026?

Based on GuruFocus' analysis, TVE Co stock appears to be overvalued. The current stock price of 円4,370.00 is trading 79.6% above its estimated GF Value™ of 円2,433.51. GuruFocus considers TVE Co to be Significantly Overvalued.

Key valuation signals for TSE:6466:

  • Days Payable: 27.83 (near median its 10-year median of 26.68)
  • GF Value™: 円2,433.51 vs. price of 円4,370.00 (79.6% above fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 64.3% below the Industrial Products median (#2621 of 2994)

No single metric tells the full story. See the TSE:6466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TVE Co Business Description

Address 5-12-1, Nishitachibana-cho, Amagasaki-shi, Hyogo, Amagasaki, JPN, 660-0054
TVE Co Ltd is engaged in the manufacture and sale of various valves and cast steel products, and maintenance work of various valves. The products of the company include safety valve, relief valve, sluice valve, check valve, special valve, and globe valve.
60GF Score

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

円4,370.00
Price
円2,433.51
GF Value