Marufuji Sheet Piling Co (TSE:8046) Days Payable: 45.65 (As of Mar. 2026) — 50% Below Median


TSE:8046 Marufuji Sheet Piling Co Ltd TSE:8046
64 GF Score
Price 円884.00
GF Value 円667.62
Valuation Significantly Overvalued
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What is Marufuji Sheet Piling Co Days Payable?

Marufuji Sheet Piling Co TSE:8046 -0.67% 64 Days Payable is 45.65 as of Mar. 2026, which is 50% below its 10-year median of 90.71. GuruFocus rates TSE:8046 with a GF Score™ of 64/100 and a GF Value™ of 円667.62 (Significantly Overvalued). Among 597 Steel companies, Marufuji Sheet Piling Co ranks better than 56.62% on this metric.

Marufuji Sheet Piling Co's average Accounts Payable for the six months ended in Mar. 2026 was 円4,370 Mil. Marufuji Sheet Piling Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円17,468 Mil. Hence, Marufuji Sheet Piling Co's Days Payable for the six months ended in Mar. 2026 was 45.65.

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

TSE:8046' s Days Payable Range Over the Past 10 Years
Min: 49.55   Med: 90.71   Max: 147.28
Current: 49.55

During the past 13 years, Marufuji Sheet Piling Co's highest Days Payable was 147.28. The lowest was 49.55. And the median was 90.71.

TSE:8046's Days Payable is ranked better than
56.62% of 597 companies
in the Steel industry
Industry Median: 41.39 vs TSE:8046: 49.55

Marufuji Sheet Piling Co's Days Payable declined from Mar. 2025 (56.40) to Mar. 2026 (45.65). It may suggest that Marufuji Sheet Piling Co accelerated paying its suppliers.


Marufuji Sheet Piling Co Days Payable Historical Data

* Premium members only.

The historical data trend for Marufuji Sheet Piling 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.

Marufuji Sheet Piling Co Days Payable Chart

Marufuji Sheet Piling Co 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 84.61 72.67 71.10 59.98 52.11

Marufuji Sheet Piling Co 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 64.98 66.95 56.40 51.30 45.65

TSE:8046 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Marufuji Sheet Piling 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.


Marufuji Sheet Piling Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Marufuji Sheet Piling Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Marufuji Sheet Piling Co's Days Payable falls into.


TSE:8046
64GF Score
Marufuji Sheet Piling Co Ltd TSE:8046
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Marufuji Sheet Piling 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.

Marufuji Sheet Piling Co'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
=( (4499 + 4783) / 2 ) / 32506*365
=4641 / 32506*365
=52.11

Marufuji Sheet Piling 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3956 + 4783) / 2 ) / 17468*365 / 2
=4369.5 / 17468*365 / 2
=45.65

* 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 45.65 mean?
Marufuji Sheet Piling Co (TSE:8046) has a Days Payable of 45.65 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 Marufuji Sheet Piling Co and its competitors. This is 50% below median its historical median of 90.71. Over the past decade, Marufuji Sheet Piling Co's Days Payable has ranged from 49.55 to 147.28. According to the industry distribution chart, Marufuji Sheet Piling Co ranks #259 out of 597 companies in the Steel industry, placing it in the top 43.4%.
Is Marufuji Sheet Piling Co's Days Payable too high?
Marufuji Sheet Piling Co's current Days Payable of 45.65 is 50% below median its 10-year median of 90.71. Over the past 10 years, this metric has ranged from a low of 49.55 to a high of 147.28. The Steel industry median Days Payable is 41.39. Marufuji Sheet Piling Co's value of 45.65 is 10.3% above this industry median. Based on the distribution chart, Marufuji Sheet Piling Co ranks #259 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, Marufuji Sheet Piling Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marufuji Sheet Piling Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Marufuji Sheet Piling Co ranks #259 out of 597 companies for Days Payable. This puts Marufuji Sheet Piling Co in the upper half of its industry. The industry median Days Payable is 41.39. Marufuji Sheet Piling Co's value of 45.65 is 10.3% above this benchmark. Historically, Marufuji Sheet Piling Co's own Days Payable has ranged from 49.55 to 147.28 over the past decade. While the company's 10-year median is 90.71 vs. the industry median of 41.39, Marufuji Sheet Piling Co has consistently been above 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 597 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. Marufuji Sheet Piling Co's current Days Payable of 45.65 is 10.3% above 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 Marufuji Sheet Piling Co and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marufuji Sheet Piling Co's current Days Payable is 45.65, which is 50% below median its own 10-year median of 90.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marufuji Sheet Piling Co stock overvalued right now?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co (TSE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is 円667.62, compared to a current price of 円884.00 — trading 32.4% above its estimated fair value. The current Days Payable is 45.65, which is 50% below median its 10-year median of 90.71 and 10.3% above the Steel industry median of 41.39. Marufuji Sheet Piling Co's overall GF Score™ is 64/100. 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 Marufuji Sheet Piling Co (TSE:8046), the current Days Payable is 45.65 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 Marufuji Sheet Piling Co (TSE:8046) Overvalued in 2026?

Based on GuruFocus' analysis, Marufuji Sheet Piling Co stock appears to be overvalued. The current stock price of 円884.00 is trading 32.4% above its estimated GF Value™ of 円667.62. GuruFocus considers Marufuji Sheet Piling Co to be Significantly Overvalued.

Key valuation signals for TSE:8046:

  • Days Payable: 45.65 (50% below median its 10-year median of 90.71)
  • GF Value™: 円667.62 vs. price of 円884.00 (32.4% above fair value)
  • GF Score™: 64/100
  • Industry Position: 10.3% above the Steel median (#259 of 597)

No single metric tells the full story. See the TSE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marufuji Sheet Piling Co Business Description

Address 3-7-2 Nihonbashi Honcho Chuo-ku, MFPR Nihonbashi Honcho Building, Tokyo, JPN
Marufuji Sheet Piling Co Ltd engages in the manufacture and sale of steel sheet piles, steel plates, and other steel products that include H-shaped steel, architectural steel processed products and reinforced soil wall products. The company offers sheet piles, lightweight steel sheet piles, and corner piles; H shape steel products; steel mountain abstraction products; steel retaining materials; gantry/pier related products; lining plates; and other steel products. It also provides temporary bridges, hat chucks, liner plates, simple holding products, guardrails, PC-ATM products, and two-tone bags, as well as various anchor type reinforced earth products.
64GF Score

Get the complete analysis for TSE:8046

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

円884.00
Price
円667.62
GF Value