Kikusui Holdings (TSE:6912) Days Payable: 24.51 (As of Mar. 2026) — 56% Below Median

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TSE:6912 Kikusui Holdings Corp TSE:6912
84 GF Score
Price 円1,992.00
GF Value 円1,639.46
Valuation Modestly Overvalued
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What is Kikusui Holdings Days Payable?

Kikusui Holdings TSE:6912 +0.86% 84 Days Payable is 24.51 as of Mar. 2026, which is 56% below its 10-year median of 55.51. GuruFocus rates TSE:6912 with a GF Score™ of 84/100 and a GF Value™ of 円1,639.46 (Modestly Overvalued). Among 2,992 Industrial Products companies, Kikusui Holdings ranks worse than 83.89% on this metric.

Kikusui Holdings's average Accounts Payable for the six months ended in Mar. 2026 was 円531 Mil. Kikusui Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,954 Mil. Hence, Kikusui Holdings's Days Payable for the six months ended in Mar. 2026 was 24.51.

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

TSE:6912' s Days Payable Range Over the Past 10 Years
Min: 32.42   Med: 55.51   Max: 65.78
Current: 33.94

During the past 13 years, Kikusui Holdings's highest Days Payable was 65.78. The lowest was 32.42. And the median was 55.51.

TSE:6912's Days Payable is ranked worse than
83.89% of 2992 companies
in the Industrial Products industry
Industry Median: 78.045 vs TSE:6912: 33.94

Kikusui Holdings's Days Payable declined from Mar. 2025 (44.52) to Mar. 2026 (24.51). It may suggest that Kikusui Holdings accelerated paying its suppliers.


Kikusui Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Kikusui Holdings'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.

Kikusui Holdings Days Payable Chart

Kikusui Holdings 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 52.93 57.43 50.87 43.28 32.42

Kikusui Holdings 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 39.78 46.45 44.52 47.06 24.51

TSE:6912 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Kikusui Holdings'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.


Kikusui Holdings Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Kikusui Holdings's Days Payable falls into.


TSE:6912
84GF Score
Kikusui Holdings Corp TSE:6912
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kikusui Holdings 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.

Kikusui Holdings'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
=( (950.465 + 331.049) / 2 ) / 7214.006*365
=640.757 / 7214.006*365
=32.42

Kikusui Holdings'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
=( (730.787 + 331.049) / 2 ) / 3953.691*365 / 2
=530.918 / 3953.691*365 / 2
=24.51

* 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 24.51 mean?
Kikusui Holdings (TSE:6912) has a Days Payable of 24.51 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 Kikusui Holdings and its competitors. This is 56% below median its historical median of 55.51. Over the past decade, Kikusui Holdings' Days Payable has ranged from 32.42 to 65.78. According to the industry distribution chart, Kikusui Holdings ranks #2510 out of 2992 companies in the Industrial Products industry, placing it in the top 83.9%.
Is Kikusui Holdings' Days Payable too high?
Kikusui Holdings' current Days Payable of 24.51 is 56% below median its 10-year median of 55.51. Over the past 10 years, this metric has ranged from a low of 32.42 to a high of 65.78. The Industrial Products industry median Days Payable is 78.05. Kikusui Holdings' value of 24.51 is 68.6% below this industry median. Based on the distribution chart, Kikusui Holdings ranks #2510 out of 2992 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kikusui Holdings has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kikusui Holdings' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Kikusui Holdings ranks #2510 out of 2992 companies for Days Payable. This places Kikusui Holdings in the lower half of its industry. The industry median Days Payable is 78.05. Kikusui Holdings' value of 24.51 is 68.6% below this benchmark. Historically, Kikusui Holdings' own Days Payable has ranged from 32.42 to 65.78 over the past decade. While the company's 10-year median is 55.51 vs. the industry median of 78.05, Kikusui Holdings 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 2,992 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. Kikusui Holdings's current Days Payable of 24.51 is 68.6% 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 Kikusui Holdings 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. Kikusui Holdings's current Days Payable is 24.51, which is 56% below median its own 10-year median of 55.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kikusui Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kikusui Holdings (TSE:6912) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,639.46, compared to a current price of 円1,992.00 — trading 21.5% above its estimated fair value. The current Days Payable is 24.51, which is 56% below median its 10-year median of 55.51 and 68.6% below the Industrial Products industry median of 78.05. Kikusui Holdings' overall GF Score™ is 84/100. 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 Kikusui Holdings (TSE:6912), the current Days Payable is 24.51 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 Kikusui Holdings (TSE:6912) Overvalued in 2026?

Based on GuruFocus' analysis, Kikusui Holdings stock appears to be overvalued. The current stock price of 円1,992.00 is trading 21.5% above its estimated GF Value™ of 円1,639.46. GuruFocus considers Kikusui Holdings to be Modestly Overvalued.

Key valuation signals for TSE:6912:

  • Days Payable: 24.51 (56% below median its 10-year median of 55.51)
  • GF Value™: 円1,639.46 vs. price of 円1,992.00 (21.5% above fair value)
  • GF Score™: 84/100
  • Industry Position: 68.6% below the Industrial Products median (#2510 of 2992)

No single metric tells the full story. See the TSE:6912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kikusui Holdings Business Description

Address 6-1 Chigasakichuo, Southwood 4 Floor, Tsuzuki-ku, Kanagawa, Yokohama, JPN, 224-0023
Kikusui Holdings Corp is engaged in the manufacture and sale of electrical instruments business. The activities of the company include production, development, sales, service, quality assurance, and sales promotion.
84GF Score

Get the complete analysis for TSE:6912

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

円1,992.00
Price
円1,639.46
GF Value