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KelTSE:6919 +0.51%70 Days Payable is 29.35 as of Mar. 2026, which is 10% below its 10-year median of 32.62. GuruFocus rates TSE:6919 with a GF Score™ of 70/100 and a GF Value™ of 円1,573.41 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,443 Hardware companies, Kel ranks worse than 87.07% on this metric.
Kel's average Accounts Payable for the
six
months ended in Mar. 2026 was 円850 Mil. Kel's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円5,287 Mil.
Hence, Kel's Days Payable for the
six
months ended in Mar. 2026 was 29.35.
The historical rank and industry rank for Kel's Days Payable or its related term are showing as below:
TSE:6919'
s Days Payable Range Over the Past 10 Years
Min: 27.79 Med: 32.62 Max: 57.92
Current: 29.66
During the past 13 years, Kel's highest Days Payable was 57.92. The lowest was 27.79. And the median was 32.62.
TSE:6919's Days Payable is ranked worse than 87.07% of 2443
companies
in the Hardware industry
Industry Median: 69.94
vs TSE:6919: 29.66
Kel's Days Payable
declined
from Mar. 2025 (31.32) to Mar. 2026 (29.35).
It may suggest that Kelaccelerated paying its suppliers.
Kel Days Payable Related Terms
Kel Days Payable Historical Data
* Premium members only.
The historical data trend for Kel'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.
For the Electronic Components subindustry, Kel'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.
Kel Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Kel's Days Payable distribution charts can be found below:
* The bar in red indicates where Kel'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.
Kel'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.
Kel (TSE:6919) has a Days Payable of 29.35 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 Kel and its competitors. This is 10% below median its historical median of 32.62. Over the past decade, Kel's Days Payable has ranged from 27.79 to 57.92. According to the industry distribution chart, Kel ranks #2127 out of 2443 companies in the Hardware industry, placing it in the top 87.1%.
Is Kel's Days Payable too high?
Kel's current Days Payable of 29.35 is 10% below median its 10-year median of 32.62. Over the past 10 years, this metric has ranged from a low of 27.79 to a high of 57.92. The Hardware industry median Days Payable is 69.94. Kel's value of 29.35 is 58% below this industry median. Based on the distribution chart, Kel ranks #2127 out of 2443 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Kel has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kel's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Kel ranks #2127 out of 2443 companies for Days Payable. This places Kel in the lower half of its industry. The industry median Days Payable is 69.94. Kel's value of 29.35 is 58% below this benchmark. Historically, Kel's own Days Payable has ranged from 27.79 to 57.92 over the past decade. While the company's 10-year median is 32.62 vs. the industry median of 69.94, Kel 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 69.94, based on 2,443 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. Kel's current Days Payable of 29.35 is 58% 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 Kel and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kel's current Days Payable is 29.35, which is 10% below median its own 10-year median of 32.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kel stock overvalued right now?
Based on GuruFocus' analysis, Kel (TSE:6919) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,573.41, compared to a current price of 円1,367.00 — trading 13.1% below its estimated fair value. The current Days Payable is 29.35, which is 10% below median its 10-year median of 32.62 and 58% below the Hardware industry median of 69.94. Kel's overall GF Score™ is 70/100 with 6 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 Kel (TSE:6919), the current Days Payable is 29.35 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 Kel (TSE:6919) Overvalued in 2026?
Based on GuruFocus' analysis, Kel stock appears to be undervalued.
The current stock price of 円1,367.00 is trading 13.1% below its estimated GF Value™ of 円1,573.41.
GuruFocus considers Kel to be Modestly Undervalued.
Key valuation signals for TSE:6919:
Days Payable: 29.35 (10% below median its 10-year median of 32.62)
GF Value™: 円1,573.41 vs. price of 円1,367.00 (13.1% below fair value)
Industry Position: 58% below the Hardware median (#2127 of 2443)
No single metric tells the full story. See the TSE:6919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kel Corporation is a manufacturer of connectors, circuit sockets, racks, and harnesses. Its products include connectors, integrated circuit sockets, switches and terminal blocks, which are applied in cellular phones, notebooks, and PC, among others.
70GF Score
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