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UEXTSE:9888 +0.81%68 Days Payable is 54.90 as of Mar. 2026, which is 26% below its 10-year median of 74.63. GuruFocus rates TSE:9888 with a GF Score™ of 68/100 and a GF Value™ of 円880.49 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 598 Steel companies, UEX ranks better than 65.72% on this metric.
UEX's average Accounts Payable for the
six
months ended in Mar. 2026 was 円6,200 Mil. UEX's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円20,610 Mil.
Hence, UEX's Days Payable for the
six
months ended in Mar. 2026 was 54.90.
The historical rank and industry rank for UEX's Days Payable or its related term are showing as below:
TSE:9888'
s Days Payable Range Over the Past 10 Years
Min: 59.54 Med: 74.63 Max: 88.4
Current: 59.54
During the past 13 years, UEX's highest Days Payable was 88.40. The lowest was 59.54. And the median was 74.63.
TSE:9888's Days Payable is ranked better than 65.72% of 598
companies
in the Steel industry
Industry Median: 41.385
vs TSE:9888: 59.54
UEX's Days Payable
declined
from Mar. 2025 (63.61) to Mar. 2026 (54.90).
It may suggest that UEXaccelerated paying its suppliers.
UEX Days Payable Related Terms
UEX Days Payable Historical Data
* Premium members only.
The historical data trend for UEX'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:9888 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, UEX'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.
UEX Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, UEX's Days Payable distribution charts can be found below:
* The bar in red indicates where UEX'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.
UEX'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.
UEX (TSE:9888) has a Days Payable of 54.90 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 UEX and its competitors. This is 26% below median its historical median of 74.63. Over the past decade, UEX's Days Payable has ranged from 59.54 to 88.40. According to the industry distribution chart, UEX ranks #205 out of 598 companies in the Steel industry, placing it in the top 34.3%.
Is UEX's Days Payable too high?
UEX's current Days Payable of 54.90 is 26% below median its 10-year median of 74.63. Over the past 10 years, this metric has ranged from a low of 59.54 to a high of 88.40. The Steel industry median Days Payable is 41.39. UEX's value of 54.90 is 32.7% above this industry median. Based on the distribution chart, UEX ranks #205 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, UEX has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does UEX's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, UEX ranks #205 out of 598 companies for Days Payable. This puts UEX in the upper half of its industry. The industry median Days Payable is 41.39. UEX's value of 54.90 is 32.7% above this benchmark. Historically, UEX's own Days Payable has ranged from 59.54 to 88.40 over the past decade. While the company's 10-year median is 74.63 vs. the industry median of 41.39, UEX 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 598 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. UEX's current Days Payable of 54.90 is 32.7% 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 UEX 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. UEX's current Days Payable is 54.90, which is 26% below median its own 10-year median of 74.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UEX stock overvalued right now?
Based on GuruFocus' analysis, UEX (TSE:9888) is currently considered Modestly Overvalued. The stock's GF Value™ is 円880.49, compared to a current price of 円992.00 — trading 12.7% above its estimated fair value. The current Days Payable is 54.90, which is 26% below median its 10-year median of 74.63 and 32.7% above the Steel industry median of 41.39. UEX's overall GF Score™ is 68/100 with 9 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 UEX (TSE:9888), the current Days Payable is 54.90 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 UEX (TSE:9888) Overvalued in 2026?
Based on GuruFocus' analysis, UEX stock appears to be overvalued.
The current stock price of 円992.00 is trading 12.7% above its estimated GF Value™ of 円880.49.
GuruFocus considers UEX to be Modestly Overvalued.
Key valuation signals for TSE:9888:
Days Payable: 54.90 (26% below median its 10-year median of 74.63)
GF Value™: 円880.49 vs. price of 円992.00 (12.7% above fair value)
Industry Position: 32.7% above the Steel median (#205 of 598)
No single metric tells the full story. See the TSE:9888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UEX Ltd is engaged in sales of stainless steel, titanium, and machinery equipment. The products and services of the company include stainless steel plate, steel strip, duplex stainless steel, cutting service, quality assurance, and quality control.
68GF Score
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