Altech CoTSE:9972 +5.84%72 Days Payable is 18.55 as of Nov. 2025, which is 26% below its 10-year median of 25.21. GuruFocus rates TSE:9972 with a GF Score™ of 72/100 and a GF Value™ of 円269.53 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,986 Industrial Products companies, Altech Co ranks worse than 94.61% on this metric.
Altech Co's average Accounts Payable for the
six
months ended in Nov. 2025 was 円775 Mil. Altech Co's Cost of Goods Sold for the
six
months ended in Nov. 2025 was 円7,623 Mil.
Hence, Altech Co's Days Payable for the
six
months ended in Nov. 2025 was 18.55.
The historical rank and industry rank for Altech Co's Days Payable or its related term are showing as below:
TSE:9972'
s Days Payable Range Over the Past 10 Years
Min: 6.23 Med: 25.21 Max: 32.67
Current: 19.9
During the past 13 years, Altech Co's highest Days Payable was 32.67. The lowest was 6.23. And the median was 25.21.
TSE:9972's Days Payable is ranked worse than 94.61% of 2986
companies
in the Industrial Products industry
Industry Median: 78.065
vs TSE:9972: 19.90
Altech Co's Days Payable
declined
from Nov. 2024 (22.84) to Nov. 2025 (18.55).
It may suggest that Altech Coaccelerated paying its suppliers.
Altech Co Days Payable Related Terms
Altech Co Days Payable Historical Data
* Premium members only.
The historical data trend for Altech 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.
For the Specialty Industrial Machinery subindustry, Altech 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.
Altech Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Altech Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Altech Co'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.
Altech Co's Days Payable for the fiscal year that ended in Nov. 2025 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.
Altech Co (TSE:9972) has a Days Payable of 18.55 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Altech Co and its competitors. This is 26% below median its historical median of 25.21. Over the past decade, Altech Co's Days Payable has ranged from 6.23 to 32.67. According to the industry distribution chart, Altech Co ranks #2825 out of 2986 companies in the Industrial Products industry, placing it in the top 94.6%.
Is Altech Co's Days Payable too high?
Altech Co's current Days Payable of 18.55 is 26% below median its 10-year median of 25.21. Over the past 10 years, this metric has ranged from a low of 6.23 to a high of 32.67. The Industrial Products industry median Days Payable is 78.07. Altech Co's value of 18.55 is 76.2% below this industry median. Based on the distribution chart, Altech Co ranks #2825 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Altech Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altech Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Altech Co ranks #2825 out of 2986 companies for Days Payable. This places Altech Co in the lower half of its industry. The industry median Days Payable is 78.07. Altech Co's value of 18.55 is 76.2% below this benchmark. Historically, Altech Co's own Days Payable has ranged from 6.23 to 32.67 over the past decade. While the company's 10-year median is 25.21 vs. the industry median of 78.07, Altech Co 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 78.07, based on 2,986 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. Altech Co's current Days Payable of 18.55 is 76.2% 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 Altech Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altech Co's current Days Payable is 18.55, which is 26% below median its own 10-year median of 25.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altech Co stock overvalued right now?
Based on GuruFocus' analysis, Altech Co (TSE:9972) is currently considered Fairly Valued. The stock's GF Value™ is 円269.53, compared to a current price of 円290.00 — trading 7.6% above its estimated fair value. The current Days Payable is 18.55, which is 26% below median its 10-year median of 25.21 and 76.2% below the Industrial Products industry median of 78.07. Altech Co's overall GF Score™ is 72/100 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 Altech Co (TSE:9972), the current Days Payable is 18.55 as of Nov. 2025. 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 Altech Co (TSE:9972) Overvalued in 2026?
Based on GuruFocus' analysis, Altech Co stock appears to be overvalued.
The current stock price of 円290.00 is trading 7.6% above its estimated GF Value™ of 円269.53.
GuruFocus considers Altech Co to be Fairly Valued.
Key valuation signals for TSE:9972:
Days Payable: 18.55 (26% below median its 10-year median of 25.21)
GF Value™: 円269.53 vs. price of 円290.00 (7.6% above fair value)
Industry Position: 76.2% below the Industrial Products median (#2825 of 2986)
No single metric tells the full story. See the TSE:9972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altech Co Ltd is engaged in the trading business, which purchases and sells industrial machinery and equipment, and provides related services. It manufactures and sells preforms for PET bottles and plastic caps, and provides related services. Geographically, it operates in Japan, Asia, Americas, and Europe, of which Japan derives maximum revenue. The company's products include: Automotive-related, AV control systems, Printing, Container & Packaging, 3D Printers, Logistics & Supply Chain, Robotics, IC card/RFID tag systems, 5G/IoT inspection equipment, Plastic processing & extrusion equipment, Composite materials, Next-generation electronics, Nanotechnology, Food manufacturing & processing, Medical & pharmaceutical, Cosmetics, Chemical, Water treatment, and Beverage systems.
72GF Score
Get the complete analysis for TSE:9972
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9972 has been successfully added to your 
