Higashimaru Co (FSE:2058) Days Payable: 32.79 (As of Mar. 2026) — 38% Above Median

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FSE:2058 Higashimaru Co Ltd FSE:2058
57 GF Score
Price 円991.00
GF Value 円1,012.11
Valuation Fairly Valued
! 4 Warning Signs
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What is Higashimaru Co Days Payable?

Higashimaru Co FSE:2058 -1.39% 57 Days Payable is 32.79 as of Mar. 2026, which is 38% above its 10-year median of 23.82. GuruFocus rates FSE:2058 with a GF Score™ of 57/100 and a GF Value™ of 円1,012.11 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,891 Consumer Packaged Goods companies, Higashimaru Co ranks worse than 72.92% on this metric.

Higashimaru Co's average Accounts Payable for the six months ended in Mar. 2026 was 円942 Mil. Higashimaru Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円5,243 Mil. Hence, Higashimaru Co's Days Payable for the six months ended in Mar. 2026 was 32.79.

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

FSE:2058' s Days Payable Range Over the Past 10 Years
Min: 21.54   Med: 23.82   Max: 28.48
Current: 28.3

During the past 13 years, Higashimaru Co's highest Days Payable was 28.48. The lowest was 21.54. And the median was 23.82.

FSE:2058's Days Payable is ranked worse than
72.92% of 1891 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs FSE:2058: 28.30

Higashimaru Co's Days Payable increased from Mar. 2025 (24.84) to Mar. 2026 (32.79). It may suggest that Higashimaru Co delayed paying its suppliers.


Higashimaru Co Days Payable Historical Data

* Premium members only.

The historical data trend for Higashimaru 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.

Higashimaru Co Days Payable Chart

Higashimaru 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 28.48 28.37 25.96 21.54 23.03

Higashimaru 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 28.51 26.67 24.84 29.13 32.79

FSE:2058 vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Higashimaru 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.


Higashimaru Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Higashimaru Co's Days Payable distribution charts can be found below:

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


FSE:2058
57GF Score
Higashimaru Co Ltd FSE:2058
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Higashimaru 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.

Higashimaru 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
=( (579 + 757) / 2 ) / 10587*365
=668 / 10587*365
=23.03

Higashimaru 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
=( (1127 + 757) / 2 ) / 5243*365 / 2
=942 / 5243*365 / 2
=32.79

* 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 32.79 mean?
Higashimaru Co (FSE:2058) has a Days Payable of 32.79 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 Higashimaru Co and its competitors. This is 38% above median its historical median of 23.82. Over the past decade, Higashimaru Co's Days Payable has ranged from 21.54 to 28.48. According to the industry distribution chart, Higashimaru Co ranks #1379 out of 1891 companies in the Consumer Packaged Goods industry, placing it in the top 72.9%.
Is Higashimaru Co's Days Payable too high?
Higashimaru Co's current Days Payable of 32.79 is 38% above median its 10-year median of 23.82. Over the past 10 years, this metric has ranged from a low of 21.54 to a high of 28.48. The Consumer Packaged Goods industry median Days Payable is 44.15. Higashimaru Co's value of 32.79 is 25.7% below this industry median. Based on the distribution chart, Higashimaru Co ranks #1379 out of 1891 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Higashimaru Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Higashimaru Co's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Higashimaru Co ranks #1379 out of 1891 companies for Days Payable. This places Higashimaru Co in the lower half of its industry. The industry median Days Payable is 44.15. Higashimaru Co's value of 32.79 is 25.7% below this benchmark. Historically, Higashimaru Co's own Days Payable has ranged from 21.54 to 28.48 over the past decade. While the company's 10-year median is 23.82 vs. the industry median of 44.15, Higashimaru 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 a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,891 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. Higashimaru Co's current Days Payable of 32.79 is 25.7% 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 Higashimaru Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Higashimaru Co's current Days Payable is 32.79, which is 38% above median its own 10-year median of 23.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Higashimaru Co stock overvalued right now?
Based on GuruFocus' analysis, Higashimaru Co (FSE:2058) is currently considered Fairly Valued. The stock's GF Value™ is 円1,012.11, compared to a current price of 円991.00 — trading 2.1% below its estimated fair value. The current Days Payable is 32.79, which is 38% above median its 10-year median of 23.82 and 25.7% below the Consumer Packaged Goods industry median of 44.15. Higashimaru Co's overall GF Score™ is 57/100 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 Higashimaru Co (FSE:2058), the current Days Payable is 32.79 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 Higashimaru Co (FSE:2058) Overvalued in 2026?

Based on GuruFocus' analysis, Higashimaru Co stock appears to be undervalued. The current stock price of 円991.00 is trading 2.1% below its estimated GF Value™ of 円1,012.11. GuruFocus considers Higashimaru Co to be Fairly Valued.

Key valuation signals for FSE:2058:

  • Days Payable: 32.79 (38% above median its 10-year median of 23.82)
  • GF Value™: 円1,012.11 vs. price of 円991.00 (2.1% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 25.7% below the Consumer Packaged Goods median (#1379 of 1891)

No single metric tells the full story. See the FSE:2058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Higashimaru Co Business Description

Address 20 Inokakura, Ijuin-cho, Hioki-shi, Kagoshima, JPN, 899-2594
Higashimaru Co Ltd produces, sells and exports food products. It has a fisheries business and food business. Its fisheries business engaged in the production and sale of yellowtail feeds and mixed feeds for various fish farms. The company offers formula feeds for fish culture and also provides instant noodles, noodle dishes, noodle soups, wheat noodles, snacks, and fruit juices, among others.
57GF Score

Get the complete analysis for FSE:2058

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

円991.00
Price
円1,012.11
GF Value