Golf Do Co (NGO:3032) Days Payable: 35.20 (As of Mar. 2026) — 11% Below Median

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NGO:3032 Golf Do Co Ltd NGO:3032
53 GF Score
Price 円310.00
GF Value 円212.35
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Golf Do Co Days Payable?

Golf Do Co NGO:3032 +0.65% 53 Days Payable is 35.20 as of Mar. 2026, which is 11% below its 10-year median of 39.63. GuruFocus rates NGO:3032 with a GF Score™ of 53/100 and a GF Value™ of 円212.35 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Golf Do Co ranks worse than 65.7% on this metric.

Golf Do Co's average Accounts Payable for the six months ended in Mar. 2026 was 円372 Mil. Golf Do Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,927 Mil. Hence, Golf Do Co's Days Payable for the six months ended in Mar. 2026 was 35.20.

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

NGO:3032' s Days Payable Range Over the Past 10 Years
Min: 27.05   Med: 39.63   Max: 47.02
Current: 37.59

During the past 13 years, Golf Do Co's highest Days Payable was 47.02. The lowest was 27.05. And the median was 39.63.

NGO:3032's Days Payable is ranked worse than
65.7% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 51.79 vs NGO:3032: 37.59

Golf Do Co's Days Payable declined from Mar. 2025 (35.74) to Mar. 2026 (35.20). It may suggest that Golf Do Co accelerated paying its suppliers.


Golf Do Co Days Payable Historical Data

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The historical data trend for Golf Do 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.

Golf Do Co Days Payable Chart

Golf Do 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 47.02 44.82 43.35 43.24 40.83

Golf Do 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 37.56 37.75 35.74 36.75 35.20

NGO:3032 vs CASY, WSM, DKS: Days Payable Comparison

For the Specialty Retail subindustry, Golf Do 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.


Golf Do Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Golf Do Co's Days Payable distribution charts can be found below:

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


NGO:3032
53GF Score
Golf Do Co Ltd NGO:3032
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golf Do 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.

Golf Do 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
=( (429.95 + 419.861) / 2 ) / 3798.279*365
=424.9055 / 3798.279*365
=40.83

Golf Do 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
=( (323.618 + 419.861) / 2 ) / 1927.312*365 / 2
=371.7395 / 1927.312*365 / 2
=35.20

* 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 35.20 mean?
Golf Do Co (NGO:3032) has a Days Payable of 35.20 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 Golf Do Co and its competitors. This is 11% below median its historical median of 39.63. Over the past decade, Golf Do Co's Days Payable has ranged from 27.05 to 47.02. According to the industry distribution chart, Golf Do Co ranks #722 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 65.7%.
Is Golf Do Co's Days Payable too high?
Golf Do Co's current Days Payable of 35.20 is 11% below median its 10-year median of 39.63. Over the past 10 years, this metric has ranged from a low of 27.05 to a high of 47.02. The Retail - Cyclical industry median Days Payable is 51.79. Golf Do Co's value of 35.20 is 32% below this industry median. Based on the distribution chart, Golf Do Co ranks #722 out of 1099 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Golf Do Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golf Do Co's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Golf Do Co ranks #722 out of 1099 companies for Days Payable. This places Golf Do Co in the lower half of its industry. The industry median Days Payable is 51.79. Golf Do Co's value of 35.20 is 32% below this benchmark. Historically, Golf Do Co's own Days Payable has ranged from 27.05 to 47.02 over the past decade. While the company's 10-year median is 39.63 vs. the industry median of 51.79, Golf Do 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.79, based on 1,099 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. Golf Do Co's current Days Payable of 35.20 is 32% 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 Golf Do Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golf Do Co's current Days Payable is 35.20, which is 11% below median its own 10-year median of 39.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golf Do Co stock overvalued right now?
Based on GuruFocus' analysis, Golf Do Co (NGO:3032) is currently considered Significantly Overvalued. The stock's GF Value™ is 円212.35, compared to a current price of 円310.00 — trading 46% above its estimated fair value. The current Days Payable is 35.20, which is 11% below median its 10-year median of 39.63 and 32% below the Retail - Cyclical industry median of 51.79. Golf Do Co's overall GF Score™ is 53/100 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 Golf Do Co (NGO:3032), the current Days Payable is 35.20 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 Golf Do Co (NGO:3032) Overvalued in 2026?

Based on GuruFocus' analysis, Golf Do Co stock appears to be overvalued. The current stock price of 円310.00 is trading 46% above its estimated GF Value™ of 円212.35. GuruFocus considers Golf Do Co to be Significantly Overvalued.

Key valuation signals for NGO:3032:

  • Days Payable: 35.20 (11% below median its 10-year median of 39.63)
  • GF Value™: 円212.35 vs. price of 円310.00 (46% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 32% below the Retail - Cyclical median (#722 of 1099)

No single metric tells the full story. See the NGO:3032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golf Do Co Business Description

Address 2-3-1 Kami-Ochiai Chuo-ku, Saitama Prefecture, Saitama, JPN, 338-0001
Golf Do Co Ltd is engaged in the operation of direct and franchised chain stores that buy and sell second-hand clubs. Its products include new and second-hand golf clubs, golf goods, such as golf balls, caddy bags. It also provides free rental from the abundant clubs at the shop during lessons.
53GF Score

Get the complete analysis for NGO:3032

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

円310.00
Price
円212.35
GF Value