JAPAF (Japan Tobacco) Days Payable: 168.01 (As of Mar. 2026) — Near Median


JAPAF Japan Tobacco Inc JAPAF
78 GF Score
Price $37.74
GF Value $33.10
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Japan Tobacco Days Payable?

Japan Tobacco JAPAF 78 Days Payable is 168.01 as of Mar. 2026, which is 1% above its 10-year median of 166.54. GuruFocus rates JAPAF with a GF Score™ of 78/100 and a GF Value™ of $33.10 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 47 Tobacco Products companies, Japan Tobacco ranks better than 80.85% on this metric.

Japan Tobacco's average Accounts Payable for the three months ended in Mar. 2026 was $4,398 Mil. Japan Tobacco's Cost of Goods Sold for the three months ended in Mar. 2026 was $2,388 Mil. Hence, Japan Tobacco's Days Payable for the three months ended in Mar. 2026 was 168.01.

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

JAPAF' s Days Payable Range Over the Past 10 Years
Min: 147.5   Med: 166.54   Max: 189.26
Current: 147.5

During the past 13 years, Japan Tobacco's highest Days Payable was 189.26. The lowest was 147.50. And the median was 166.54.

JAPAF's Days Payable is ranked better than
80.85% of 47 companies
in the Tobacco Products industry
Industry Median: 54 vs JAPAF: 147.50

Japan Tobacco's Days Payable increased from Mar. 2025 (161.64) to Mar. 2026 (168.01). It may suggest that Japan Tobacco delayed paying its suppliers.


Japan Tobacco Days Payable Historical Data

* Premium members only.

The historical data trend for Japan Tobacco'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.

Japan Tobacco Days Payable Chart

Japan Tobacco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 197.31 200.53 174.05 171.06 165.82

Japan Tobacco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 161.64 134.91 136.02 155.73 168.01

JAPAF vs PM, MO, TPB: Days Payable Comparison

For the Tobacco subindustry, Japan Tobacco'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.


Japan Tobacco Days Payable vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's Days Payable distribution charts can be found below:

* The bar in red indicates where Japan Tobacco's Days Payable falls into.


JAPAF
78GF Score
Japan Tobacco Inc JAPAF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Tobacco 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.

Japan Tobacco's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (4287.703 + 4564.801) / 2 ) / 9743.065*365
=4426.252 / 9743.065*365
=165.82

Japan Tobacco'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
=( (4564.801 + 4230.581) / 2 ) / 2388.439*365 / 4
=4397.691 / 2388.439*365 / 4
=168.01

* 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 168.01 mean?
Japan Tobacco (JAPAF) has a Days Payable of 168.01 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 Japan Tobacco and its competitors. This is near median its historical median of 166.54. Over the past decade, Japan Tobacco's Days Payable has ranged from 147.50 to 189.26. According to the industry distribution chart, Japan Tobacco ranks #9 out of 47 companies in the Tobacco Products industry, placing it in the top 19.1%.
Is Japan Tobacco's Days Payable too high?
Japan Tobacco's current Days Payable of 168.01 is near median its 10-year median of 166.54. Over the past 10 years, this metric has ranged from a low of 147.50 to a high of 189.26. The Tobacco Products industry median Days Payable is 54.00. Japan Tobacco's value of 168.01 is 211.1% above this industry median. Based on the distribution chart, Japan Tobacco ranks #9 out of 47 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Tobacco has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Tobacco's Days Payable compare to PM and MO?
According to the Tobacco Products industry distribution chart, Japan Tobacco ranks #9 out of 47 companies for Days Payable. This places Japan Tobacco in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.00. Japan Tobacco's value of 168.01 is 211.1% above this benchmark. Historically, Japan Tobacco's own Days Payable has ranged from 147.50 to 189.26 over the past decade. While the company's 10-year median is 166.54 vs. the industry median of 54.00, Japan Tobacco 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 Tobacco Products company?
The median Days Payable among Tobacco Products companies is 54.00, based on 47 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. Japan Tobacco's current Days Payable of 168.01 is 211.1% 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 Japan Tobacco and its competitors. For the Tobacco Products industry, the median Days Payable is 54.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Tobacco's current Days Payable is 168.01, which is near median its own 10-year median of 166.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Tobacco stock overvalued right now?
Based on GuruFocus' analysis, Japan Tobacco (JAPAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.10, compared to a current price of $37.74 — trading 14% above its estimated fair value. The current Days Payable is 168.01, which is near median its 10-year median of 166.54 and 211.1% above the Tobacco Products industry median of 54.00. Japan Tobacco's overall GF Score™ is 78/100 with 7 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 Japan Tobacco (JAPAF), the current Days Payable is 168.01 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 Japan Tobacco (JAPAF) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Tobacco stock appears to be overvalued. The current stock price of $37.74 is trading 14% above its estimated GF Value™ of $33.10. GuruFocus considers Japan Tobacco to be Modestly Overvalued.

Key valuation signals for JAPAF:

  • Days Payable: 168.01 (near median its 10-year median of 166.54)
  • GF Value™: $33.10 vs. price of $37.74 (14% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 211.1% above the Tobacco Products median (#9 of 47)

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


Japan Tobacco Business Description

Address 4-1-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6927
Japan Tobacco primarily sells cigarettes and reduced-risk products, organized in three clusters consisting of Asia (which includes its home market and countries in Asia Pacific), Western Europe, and EMA (which includes Eastern Europe, the Middle East North Africa, Turkey, Americas, and duty-free). Its leading cigarette brands include Winston (non-US), Camel (non-US), Mevius, and LD. Its reduced-risk brands include Logic in vaping, Ploom in heated tobacco, and Nordic Spirit in nicotine pouches, though these generates less than 5% of tobacco sales.
78GF Score

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

$37.74
Price
$33.10
GF Value