THOGF (Toho Gas Co) Days Payable: 23.84 (As of Mar. 2026) — 15% Below Median


THOGF Toho Gas Co Ltd THOGF
75 GF Score
Price $6.44
GF Value $6.08
! 3 Warning Signs
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What is Toho Gas Co Days Payable?

Toho Gas Co THOGF 75 Days Payable is 23.84 as of Mar. 2026, which is 15% below its 10-year median of 28.04. GuruFocus rates THOGF with a GF Score™ of 75/100 and a GF Value™ of $6.08. The stock has 3 warning signs investors should review. Among 483 Utilities - Regulated companies, Toho Gas Co ranks worse than 85.92% on this metric.

Toho Gas Co's average Accounts Payable for the three months ended in Mar. 2026 was $222 Mil. Toho Gas Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $849 Mil. Hence, Toho Gas Co's Days Payable for the three months ended in Mar. 2026 was 23.84.

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

THOGF' s Days Payable Range Over the Past 10 Years
Min: 23.32   Med: 28.04   Max: 34.25
Current: 27.36

During the past 13 years, Toho Gas Co's highest Days Payable was 34.25. The lowest was 23.32. And the median was 28.04.

THOGF's Days Payable is ranked worse than
85.92% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs THOGF: 27.36

Toho Gas Co's Days Payable declined from Mar. 2025 (25.50) to Mar. 2026 (23.84). It may suggest that Toho Gas Co accelerated paying its suppliers.


Toho Gas Co Days Payable Historical Data

* Premium members only.

The historical data trend for Toho Gas 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.

Toho Gas Co Days Payable Chart

Toho Gas 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 35.19 28.42 31.98 27.94 28.28

Toho Gas 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 25.50 28.83 29.02 29.36 23.84

THOGF vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Toho Gas 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.


Toho Gas Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's Days Payable distribution charts can be found below:

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


THOGF
75GF Score
Toho Gas Co Ltd THOGF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Toho Gas 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.

Toho Gas 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
=( (258.712 + 202.026) / 2 ) / 2973.166*365
=230.369 / 2973.166*365
=28.28

Toho Gas 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
=( (241.85 + 202.026) / 2 ) / 849.431*365 / 4
=221.938 / 849.431*365 / 4
=23.84

* 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 23.84 mean?
Toho Gas Co (THOGF) has a Days Payable of 23.84 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 Toho Gas Co and its competitors. This is 15% below median its historical median of 28.04. Over the past decade, Toho Gas Co's Days Payable has ranged from 23.32 to 34.25. According to the industry distribution chart, Toho Gas Co ranks #415 out of 483 companies in the Utilities - Regulated industry, placing it in the top 85.9%.
Is Toho Gas Co's Days Payable too high?
Toho Gas Co's current Days Payable of 23.84 is 15% below median its 10-year median of 28.04. Over the past 10 years, this metric has ranged from a low of 23.32 to a high of 34.25. The Utilities - Regulated industry median Days Payable is 70.35. Toho Gas Co's value of 23.84 is 66.1% below this industry median. Based on the distribution chart, Toho Gas Co ranks #415 out of 483 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Toho Gas Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Toho Gas Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Toho Gas Co ranks #415 out of 483 companies for Days Payable. This places Toho Gas Co in the lower half of its industry. The industry median Days Payable is 70.35. Toho Gas Co's value of 23.84 is 66.1% below this benchmark. Historically, Toho Gas Co's own Days Payable has ranged from 23.32 to 34.25 over the past decade. While the company's 10-year median is 28.04 vs. the industry median of 70.35, Toho Gas 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. Toho Gas Co's current Days Payable of 23.84 is 66.1% 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 Toho Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Gas Co's current Days Payable is 23.84, which is 15% below median its own 10-year median of 28.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Gas Co stock overvalued right now?
Toho Gas Co (THOGF) has a current Days Payable of 23.84. The stock's GF Value™ is $6.08, compared to a current price of $6.44 — trading 5.9% above its estimated fair value. The current Days Payable is 23.84, which is 15% below median its 10-year median of 28.04 and 66.1% below the Utilities - Regulated industry median of 70.35. Toho Gas Co's overall GF Score™ is 75/100 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 Toho Gas Co (THOGF), the current Days Payable is 23.84 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 Toho Gas Co (THOGF) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Gas Co stock appears to be overvalued. The current stock price of $6.44 is trading 5.9% above its estimated GF Value™ of $6.08.

Key valuation signals for THOGF:

  • Days Payable: 23.84 (15% below median its 10-year median of 28.04)
  • GF Value™: $6.08 vs. price of $6.44 (5.9% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 66.1% below the Utilities - Regulated median (#415 of 483)

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


Toho Gas Co Business Description

Other Exchanges 9533:Japan59W:Germany
Address 19-18 Sakuradacho, Atsuta-ku, Aichi Prefecture, Nagoya, JPN, 456-8511
Toho Gas Co Ltd is a Japan-based company engaged in the supply of energy and related services, including electricity, gas, and liquefied petroleum gas (LPG). The company operates in three business segments. The Electricity segment engages in the sale of electricity. The Gas segment handles the manufacture and sale of gas, gas appliances, consignment supply, and plumbing work. The LPG and Other Energies segment covers the sale of LPG, related equipment, natural gas, heat supply, and coke. The Others segment includes contract processing, real estate management, and other ancillary businesses. It generates the majority of its revenue from the Gas segment.
75GF Score

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

$6.44
Price
$6.08
GF Value