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Techno Horizon CoTSE:6629 -2.97%61 Days Payable is 40.86 as of Mar. 2026, which is 34% below its 10-year median of 61.60. GuruFocus rates TSE:6629 with a GF Score™ of 61/100 and a GF Value™ of 円530.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,441 Hardware companies, Techno Horizon Co ranks worse than 58.05% on this metric.
The historical rank and industry rank for Techno Horizon Co's Days Payable or its related term are showing as below:
TSE:6629'
s Days Payable Range Over the Past 10 Years
Min: 55.9 Med: 61.6 Max: 70.09
Current: 61.24
During the past 13 years, Techno Horizon Co's highest Days Payable was 70.09. The lowest was 55.90. And the median was 61.60.
TSE:6629's Days Payable is ranked worse than 58.05% of 2441
companies
in the Hardware industry
Industry Median: 70.03
vs TSE:6629: 61.24
Techno Horizon Co's Days Payable
declined
from Dec. 2024 (52.92) to Mar. 2026 (40.86).
It may suggest that Techno Horizon Coaccelerated paying its suppliers.
The historical data trend for Techno Horizon 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.
TSE:6629 vs APH, GLW, TEL: Days Payable Comparison
For the Electronic Components subindustry, Techno Horizon 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.
Techno Horizon Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Techno Horizon Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Techno Horizon 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.
Techno Horizon Co's Days Payable for the fiscal year that ended in Mar. 2026 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.
Techno Horizon Co (TSE:6629) has a Days Payable of 40.86 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 Techno Horizon Co and its competitors. This is 34% below median its historical median of 61.60. Over the past decade, Techno Horizon Co's Days Payable has ranged from 55.90 to 70.09. According to the industry distribution chart, Techno Horizon Co ranks #1417 out of 2441 companies in the Hardware industry, placing it in the top 58%.
Is Techno Horizon Co's Days Payable too high?
Techno Horizon Co's current Days Payable of 40.86 is 34% below median its 10-year median of 61.60. Over the past 10 years, this metric has ranged from a low of 55.90 to a high of 70.09. The Hardware industry median Days Payable is 70.03. Techno Horizon Co's value of 40.86 is 41.7% below this industry median. Based on the distribution chart, Techno Horizon Co ranks #1417 out of 2441 companies in the Hardware industry, which is below the industry midpoint. Overall, Techno Horizon Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Techno Horizon Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Techno Horizon Co ranks #1417 out of 2441 companies for Days Payable. This places Techno Horizon Co in the lower half of its industry. The industry median Days Payable is 70.03. Techno Horizon Co's value of 40.86 is 41.7% below this benchmark. Historically, Techno Horizon Co's own Days Payable has ranged from 55.90 to 70.09 over the past decade. While the company's 10-year median is 61.60 vs. the industry median of 70.03, Techno Horizon 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 Hardware company?
The median Days Payable among Hardware companies is 70.03, based on 2,441 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. Techno Horizon Co's current Days Payable of 40.86 is 41.7% 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 Techno Horizon Co and its competitors. For the Hardware industry, the median Days Payable is 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Horizon Co's current Days Payable is 40.86, which is 34% below median its own 10-year median of 61.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Horizon Co stock overvalued right now?
Based on GuruFocus' analysis, Techno Horizon Co (TSE:6629) is currently considered Significantly Overvalued. The stock's GF Value™ is 円530.13, compared to a current price of 円981.00 — trading 85% above its estimated fair value. The current Days Payable is 40.86, which is 34% below median its 10-year median of 61.60 and 41.7% below the Hardware industry median of 70.03. Techno Horizon Co's overall GF Score™ is 61/100 with 4 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 Techno Horizon Co (TSE:6629), the current Days Payable is 40.86 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 Techno Horizon Co (TSE:6629) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Horizon Co stock appears to be overvalued.
The current stock price of 円981.00 is trading 85% above its estimated GF Value™ of 円530.13.
GuruFocus considers Techno Horizon Co to be Significantly Overvalued.
Key valuation signals for TSE:6629:
Days Payable: 40.86 (34% below median its 10-year median of 61.60)
GF Value™: 円530.13 vs. price of 円981.00 (85% above fair value)
Industry Position: 41.7% below the Hardware median (#1417 of 2441)
No single metric tells the full story. See the TSE:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Horizon Co Ltd is a Japan-based company engaged in optical business and electronic business. The company manufactures and sells optical, electrical, medical, and precision equipment; develops, manufactures, and sells information and communication equipment, FA related equipment, and other electronic devices; and produces and sells various optical lenses and plastic moulded products, as well as provides system integration services.
61GF Score
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