Kanemitsu (TSE:7208) Days Payable: 19.94 (As of Mar. 2026) — 48% Below Median


TSE:7208 Kanemitsu Corp TSE:7208
73 GF Score
Price 円1,253.00
GF Value 円884.65
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kanemitsu Days Payable?

Kanemitsu TSE:7208 +0.97% 73 Days Payable is 19.94 as of Mar. 2026, which is 48% below its 10-year median of 38.54. GuruFocus rates TSE:7208 with a GF Score™ of 73/100 and a GF Value™ of 円884.65 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Kanemitsu ranks worse than 91.73% on this metric.

Kanemitsu's average Accounts Payable for the six months ended in Mar. 2026 was 円464 Mil. Kanemitsu's Cost of Goods Sold for the six months ended in Mar. 2026 was 円4,243 Mil. Hence, Kanemitsu's Days Payable for the six months ended in Mar. 2026 was 19.94.

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

TSE:7208' s Days Payable Range Over the Past 10 Years
Min: 21.89   Med: 38.54   Max: 54.5
Current: 21.89

During the past 13 years, Kanemitsu's highest Days Payable was 54.50. The lowest was 21.89. And the median was 38.54.

TSE:7208's Days Payable is ranked worse than
91.73% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs TSE:7208: 21.89

Kanemitsu's Days Payable declined from Mar. 2025 (26.42) to Mar. 2026 (19.94). It may suggest that Kanemitsu accelerated paying its suppliers.


Kanemitsu Days Payable Historical Data

* Premium members only.

The historical data trend for Kanemitsu'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.

Kanemitsu Days Payable Chart

Kanemitsu 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 31.46 37.64 34.89 26.82 22.17

Kanemitsu 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 27.22 28.84 26.42 23.62 19.94

TSE:7208 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Kanemitsu'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.


Kanemitsu Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kanemitsu's Days Payable distribution charts can be found below:

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


TSE:7208
73GF Score
Kanemitsu Corp TSE:7208
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kanemitsu 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.

Kanemitsu'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
=( (576.313 + 438.79) / 2 ) / 8356.087*365
=507.5515 / 8356.087*365
=22.17

Kanemitsu'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
=( (488.394 + 438.79) / 2 ) / 4243.02*365 / 2
=463.592 / 4243.02*365 / 2
=19.94

* 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 19.94 mean?
Kanemitsu (TSE:7208) has a Days Payable of 19.94 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 Kanemitsu and its competitors. This is 48% below median its historical median of 38.54. Over the past decade, Kanemitsu's Days Payable has ranged from 21.89 to 54.50. According to the industry distribution chart, Kanemitsu ranks #1198 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 91.7%.
Is Kanemitsu's Days Payable too high?
Kanemitsu's current Days Payable of 19.94 is 48% below median its 10-year median of 38.54. Over the past 10 years, this metric has ranged from a low of 21.89 to a high of 54.50. The Vehicles & Parts industry median Days Payable is 67.14. Kanemitsu's value of 19.94 is 70.3% below this industry median. Based on the distribution chart, Kanemitsu ranks #1198 out of 1306 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Kanemitsu has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanemitsu's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kanemitsu ranks #1198 out of 1306 companies for Days Payable. This places Kanemitsu in the lower half of its industry. The industry median Days Payable is 67.14. Kanemitsu's value of 19.94 is 70.3% below this benchmark. Historically, Kanemitsu's own Days Payable has ranged from 21.89 to 54.50 over the past decade. While the company's 10-year median is 38.54 vs. the industry median of 67.14, Kanemitsu 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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. Kanemitsu's current Days Payable of 19.94 is 70.3% 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 Kanemitsu and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanemitsu's current Days Payable is 19.94, which is 48% below median its own 10-year median of 38.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanemitsu stock overvalued right now?
Based on GuruFocus' analysis, Kanemitsu (TSE:7208) is currently considered Significantly Overvalued. The stock's GF Value™ is 円884.65, compared to a current price of 円1,253.00 — trading 41.6% above its estimated fair value. The current Days Payable is 19.94, which is 48% below median its 10-year median of 38.54 and 70.3% below the Vehicles & Parts industry median of 67.14. Kanemitsu's overall GF Score™ is 73/100 with 5 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 Kanemitsu (TSE:7208), the current Days Payable is 19.94 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 Kanemitsu (TSE:7208) Overvalued in 2026?

Based on GuruFocus' analysis, Kanemitsu stock appears to be overvalued. The current stock price of 円1,253.00 is trading 41.6% above its estimated GF Value™ of 円884.65. GuruFocus considers Kanemitsu to be Significantly Overvalued.

Key valuation signals for TSE:7208:

  • Days Payable: 19.94 (48% below median its 10-year median of 38.54)
  • GF Value™: 円884.65 vs. price of 円1,253.00 (41.6% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 70.3% below the Vehicles & Parts median (#1198 of 1306)

No single metric tells the full story. See the TSE:7208 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanemitsu Business Description

Address Akashi Plant No.20-26, Okura-honmachi, Hyogo prefecture, Akashi, JPN, 673-0874
Kanemitsu Corp manufactures auto products in Japan. It produces, designs develop and sells metal-sheet pulleys for vehicles, agricultural machinery, and general equipment.
73GF Score

Get the complete analysis for TSE:7208

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

円1,253.00
Price
円884.65
GF Value