West Japan Railway Co (NGO:9021) Days Payable: 12.52 (As of Mar. 2026) — 43% Below Median


NGO:9021 West Japan Railway Co NGO:9021
64 GF Score
Price 円2,501.00
GF Value 円3,159.39
! 3 Warning Signs
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What is West Japan Railway Co Days Payable?

West Japan Railway Co NGO:9021 64 Days Payable is 12.52 as of Mar. 2026, which is 43% below its 10-year median of 21.82. GuruFocus rates NGO:9021 with a GF Score™ of 64/100 and a GF Value™ of 円3,159.39. The stock has 3 warning signs investors should review. Among 967 Transportation companies, West Japan Railway Co ranks worse than 88.93% on this metric.

West Japan Railway Co's average Accounts Payable for the three months ended in Mar. 2026 was 円58,907 Mil. West Japan Railway Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円429,489 Mil. Hence, West Japan Railway Co's Days Payable for the three months ended in Mar. 2026 was 12.52.

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

NGO:9021' s Days Payable Range Over the Past 10 Years
Min: 14.27   Med: 21.82   Max: 29.25
Current: 14.27

During the past 13 years, West Japan Railway Co's highest Days Payable was 29.25. The lowest was 14.27. And the median was 21.82.

NGO:9021's Days Payable is ranked worse than
88.93% of 967 companies
in the Transportation industry
Industry Median: 39.01 vs NGO:9021: 14.27

West Japan Railway Co's Days Payable declined from Mar. 2025 (13.05) to Mar. 2026 (12.52). It may suggest that West Japan Railway Co accelerated paying its suppliers.


West Japan Railway Co Days Payable Historical Data

* Premium members only.

The historical data trend for West Japan Railway 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.

West Japan Railway Co Days Payable Chart

West Japan Railway 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 22.14 20.34 18.92 17.90 17.69

West Japan Railway Co 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 13.05 16.35 12.39 12.91 12.52

NGO:9021 vs UNP, CSX, NSC: Days Payable Comparison

For the Railroads subindustry, West Japan Railway 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.


West Japan Railway Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, West Japan Railway Co's Days Payable distribution charts can be found below:

* The bar in red indicates where West Japan Railway Co's Days Payable falls into.


NGO:9021
64GF Score
West Japan Railway Co NGO:9021
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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West Japan Railway 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.

West Japan Railway 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
=( (65277 + 68799) / 2 ) / 1383523*365
=67038 / 1383523*365
=17.69

West Japan Railway 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
=( (49014 + 68799) / 2 ) / 429489*365 / 4
=58906.5 / 429489*365 / 4
=12.52

* 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 12.52 mean?
West Japan Railway Co (NGO:9021) has a Days Payable of 12.52 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 West Japan Railway Co and its competitors. This is 43% below median its historical median of 21.82. Over the past decade, West Japan Railway Co's Days Payable has ranged from 14.27 to 29.25. According to the industry distribution chart, West Japan Railway Co ranks #860 out of 967 companies in the Transportation industry, placing it in the top 88.9%.
Is West Japan Railway Co's Days Payable too high?
West Japan Railway Co's current Days Payable of 12.52 is 43% below median its 10-year median of 21.82. Over the past 10 years, this metric has ranged from a low of 14.27 to a high of 29.25. The Transportation industry median Days Payable is 39.01. West Japan Railway Co's value of 12.52 is 67.9% below this industry median. Based on the distribution chart, West Japan Railway Co ranks #860 out of 967 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, West Japan Railway Co has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does West Japan Railway Co's Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, West Japan Railway Co ranks #860 out of 967 companies for Days Payable. This places West Japan Railway Co in the lower half of its industry. The industry median Days Payable is 39.01. West Japan Railway Co's value of 12.52 is 67.9% below this benchmark. Historically, West Japan Railway Co's own Days Payable has ranged from 14.27 to 29.25 over the past decade. While the company's 10-year median is 21.82 vs. the industry median of 39.01, West Japan Railway 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 Transportation company?
The median Days Payable among Transportation companies is 39.01, based on 967 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. West Japan Railway Co's current Days Payable of 12.52 is 67.9% 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 West Japan Railway Co and its competitors. For the Transportation industry, the median Days Payable is 39.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Japan Railway Co's current Days Payable is 12.52, which is 43% below median its own 10-year median of 21.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Japan Railway Co stock overvalued right now?
West Japan Railway Co (NGO:9021) has a current Days Payable of 12.52. The stock's GF Value™ is 円3,159.39, compared to a current price of 円2,501.00 — trading 20.8% below its estimated fair value. The current Days Payable is 12.52, which is 43% below median its 10-year median of 21.82 and 67.9% below the Transportation industry median of 39.01. West Japan Railway Co's overall GF Score™ is 64/100 with 3 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 West Japan Railway Co (NGO:9021), the current Days Payable is 12.52 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 West Japan Railway Co (NGO:9021) Overvalued in 2026?

Based on GuruFocus' analysis, West Japan Railway Co stock appears to be undervalued. The current stock price of 円2,501.00 is trading 20.8% below its estimated GF Value™ of 円3,159.39.

Key valuation signals for NGO:9021:

  • Days Payable: 12.52 (43% below median its 10-year median of 21.82)
  • GF Value™: 円3,159.39 vs. price of 円2,501.00 (20.8% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 67.9% below the Transportation median (#860 of 967)

No single metric tells the full story. See the NGO:9021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West Japan Railway Co Business Description

Address 2-4-24 Shibata, Kita-ku, Osaka, JPN, 530-8341
West Japan Railway, or JR West, is the main railway operator in Western Japan, headquartered in Osaka. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main assets are the Sanyo Shinkansen, which stretches from Osaka to Fukuoka, and the urban rail network in the Osaka-Kobe-Kyoto metropolitan area. Its nearly 5,000 kilometers of rail track covers a third of Japan's population and a fifth of its land area. Rail operations contribute more than half of revenue, with most of the balance from retail operations, real estate investments, travel agencies, and hotels.
64GF Score

Get the complete analysis for NGO:9021

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

円2,501.00
Price
円3,159.39
GF Value