Tsukishima Holdings Co (FRA:QO3) Days Payable: 34.34 (As of Mar. 2026) — 50% Below Median

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FRA:QO3 Tsukishima Holdings Co Ltd FRA:QO3
90 GF Score
Price €13.70
GF Value €11.42
! 4 Warning Signs
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What is Tsukishima Holdings Co Days Payable?

Tsukishima Holdings Co FRA:QO3 -2.84% 90 Days Payable is 34.34 as of Mar. 2026, which is 50% below its 10-year median of 69.31. GuruFocus rates FRA:QO3 with a GF Score™ of 90/100 and a GF Value™ of €11.42. The stock has 4 warning signs investors should review. Among 2,991 Industrial Products companies, Tsukishima Holdings Co ranks worse than 75.36% on this metric.

Tsukishima Holdings Co's average Accounts Payable for the three months ended in Mar. 2026 was €87.9 Mil. Tsukishima Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2026 was €233.7 Mil. Hence, Tsukishima Holdings Co's Days Payable for the three months ended in Mar. 2026 was 34.34.

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

FRA:QO3' s Days Payable Range Over the Past 10 Years
Min: 43.01   Med: 69.31   Max: 82.84
Current: 43.01

During the past 13 years, Tsukishima Holdings Co's highest Days Payable was 82.84. The lowest was 43.01. And the median was 69.31.

FRA:QO3's Days Payable is ranked worse than
75.36% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs FRA:QO3: 43.01

Tsukishima Holdings Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (34.34). It may suggest that Tsukishima Holdings Co delayed paying its suppliers.


Tsukishima Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tsukishima Holdings 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.

Tsukishima Holdings Co Days Payable Chart

Tsukishima Holdings 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 64.42 63.81 66.33 61.70 58.10

Tsukishima Holdings Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 62.54 37.44 38.29 34.34

FRA:QO3 vs VLTO, ZWS, CECO: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, Tsukishima Holdings 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.


Tsukishima Holdings Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tsukishima Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tsukishima Holdings Co's Days Payable falls into.


FRA:QO3
90GF Score
Tsukishima Holdings Co Ltd FRA:QO3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tsukishima Holdings 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.

Tsukishima Holdings 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
=( (105.211 + 99.276) / 2 ) / 642.318*365
=102.2435 / 642.318*365
=58.10

Tsukishima Holdings 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (76.595 + 99.276) / 2 ) / 233.69*365 / 4
=87.9355 / 233.69*365 / 4
=34.34

* 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 34.34 mean?
Tsukishima Holdings Co (FRA:QO3) has a Days Payable of 34.34 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 Tsukishima Holdings Co and its competitors. This is 50% below median its historical median of 69.31. Over the past decade, Tsukishima Holdings Co's Days Payable has ranged from 43.01 to 82.84. According to the industry distribution chart, Tsukishima Holdings Co ranks #2254 out of 2991 companies in the Industrial Products industry, placing it in the top 75.4%.
Is Tsukishima Holdings Co's Days Payable too high?
Tsukishima Holdings Co's current Days Payable of 34.34 is 50% below median its 10-year median of 69.31. Over the past 10 years, this metric has ranged from a low of 43.01 to a high of 82.84. The Industrial Products industry median Days Payable is 78.05. Tsukishima Holdings Co's value of 34.34 is 56% below this industry median. Based on the distribution chart, Tsukishima Holdings Co ranks #2254 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tsukishima Holdings Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Tsukishima Holdings Co's Days Payable compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Tsukishima Holdings Co ranks #2254 out of 2991 companies for Days Payable. This places Tsukishima Holdings Co in the lower half of its industry. The industry median Days Payable is 78.05. Tsukishima Holdings Co's value of 34.34 is 56% below this benchmark. Historically, Tsukishima Holdings Co's own Days Payable has ranged from 43.01 to 82.84 over the past decade. While the company's 10-year median is 69.31 vs. the industry median of 78.05, Tsukishima Holdings 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 78.05, based on 2,991 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. Tsukishima Holdings Co's current Days Payable of 34.34 is 56% 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 Tsukishima Holdings Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsukishima Holdings Co's current Days Payable is 34.34, which is 50% below median its own 10-year median of 69.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsukishima Holdings Co stock overvalued right now?
Tsukishima Holdings Co (FRA:QO3) has a current Days Payable of 34.34. The stock's GF Value™ is €11.42, compared to a current price of €13.70 — trading 20% above its estimated fair value. The current Days Payable is 34.34, which is 50% below median its 10-year median of 69.31 and 56% below the Industrial Products industry median of 78.05. Tsukishima Holdings Co's overall GF Score™ is 90/100 with 4 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 Tsukishima Holdings Co (FRA:QO3), the current Days Payable is 34.34 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 Tsukishima Holdings Co (FRA:QO3) Overvalued in 2026?

Based on GuruFocus' analysis, Tsukishima Holdings Co stock appears to be overvalued. The current stock price of €13.70 is trading 20% above its estimated GF Value™ of €11.42.

Key valuation signals for FRA:QO3:

  • Days Payable: 34.34 (50% below median its 10-year median of 69.31)
  • GF Value™: €11.42 vs. price of €13.70 (20% above fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 56% below the Industrial Products median (#2254 of 2991)

No single metric tells the full story. See the FRA:QO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsukishima Holdings Co Business Description

Other Exchanges 6332:Japan
Address 3-5-1, Harumi, Chuo-ku, Tokyo, JPN
Tsukishima Holdings Co Ltd is involved in environmental-related businesses operating in three segments Water Environment, Industrial, and Others. The Water Environment segment designs and constructs sludge disposal treatment plants for water filter and sewage treatment plants; singular machineries, as well as the operates, maintains, manages and repair water filters and sewage treatment plants. The Industrial segment is engaged in the design and construction of plants for chemicals, steel, foods, liquid waste disposal and solid waste disposal; the design, manufacture, and sale of crystallizers, filters, dryers, separators and gas holders, and the design and manufacture of vacuum technology applied devices, among others.
90GF Score

Get the complete analysis for FRA:QO3

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

€13.70
Price
€11.42
GF Value