TOYOF (Toyota Motor) Days Payable: 48.15 (As of Mar. 2026) — 19% Above Median


TOYOF Toyota Motor Corp TOYOF
80 GF Score
Price $17.31
GF Value $20.67
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Toyota Motor Days Payable?

Toyota Motor TOYOF +4.30% 80 Days Payable is 48.15 as of Mar. 2026, which is 19% above its 10-year median of 40.57. GuruFocus rates TOYOF with a GF Score™ of 80/100 and a GF Value™ of $20.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Toyota Motor ranks worse than 67.25% on this metric.

Toyota Motor's average Accounts Payable for the three months ended in Mar. 2026 was $35,544 Mil. Toyota Motor's Cost of Goods Sold for the three months ended in Mar. 2026 was $67,365 Mil. Hence, Toyota Motor's Days Payable for the three months ended in Mar. 2026 was 48.15.

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

TOYOF' s Days Payable Range Over the Past 10 Years
Min: 37.48   Med: 40.57   Max: 49.21
Current: 47.69

During the past 13 years, Toyota Motor's highest Days Payable was 49.21. The lowest was 37.48. And the median was 40.57.

TOYOF's Days Payable is ranked worse than
67.25% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs TOYOF: 47.69

Toyota Motor's Days Payable increased from Mar. 2025 (47.44) to Mar. 2026 (48.15). It may suggest that Toyota Motor delayed paying its suppliers.


Toyota Motor Days Payable Historical Data

* Premium members only.

The historical data trend for Toyota Motor'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.

Toyota Motor Days Payable Chart

Toyota Motor 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 45.90 43.73 41.42 44.30 50.75

Toyota Motor 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 47.44 47.48 48.18 47.03 48.15

TOYOF vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Toyota Motor'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.


Toyota Motor Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Days Payable distribution charts can be found below:

* The bar in red indicates where Toyota Motor's Days Payable falls into.


TOYOF
80GF Score
Toyota Motor Corp TOYOF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyota Motor 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.

Toyota Motor'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
=( (37081.954 + 36909.789) / 2 ) / 266073.189*365
=36995.8715 / 266073.189*365
=50.75

Toyota Motor'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
=( (34177.398 + 36909.789) / 2 ) / 67365.018*365 / 4
=35543.5935 / 67365.018*365 / 4
=48.15

* 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 48.15 mean?
Toyota Motor (TOYOF) has a Days Payable of 48.15 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 Toyota Motor and its competitors. This is 19% above median its historical median of 40.57. Over the past decade, Toyota Motor's Days Payable has ranged from 37.48 to 49.21. According to the industry distribution chart, Toyota Motor ranks #883 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 67.3%.
Is Toyota Motor's Days Payable too high?
Toyota Motor's current Days Payable of 48.15 is 19% above median its 10-year median of 40.57. Over the past 10 years, this metric has ranged from a low of 37.48 to a high of 49.21. The Vehicles & Parts industry median Days Payable is 67.12. Toyota Motor's value of 48.15 is 28.3% below this industry median. Based on the distribution chart, Toyota Motor ranks #883 out of 1313 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Toyota Motor has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Motor's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Toyota Motor ranks #883 out of 1313 companies for Days Payable. This places Toyota Motor in the lower half of its industry. The industry median Days Payable is 67.12. Toyota Motor's value of 48.15 is 28.3% below this benchmark. Historically, Toyota Motor's own Days Payable has ranged from 37.48 to 49.21 over the past decade. While the company's 10-year median is 40.57 vs. the industry median of 67.12, Toyota Motor 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. Toyota Motor's current Days Payable of 48.15 is 28.3% 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 Toyota Motor and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Motor's current Days Payable is 48.15, which is 19% above median its own 10-year median of 40.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Motor stock overvalued right now?
Based on GuruFocus' analysis, Toyota Motor (TOYOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.67, compared to a current price of $17.31 — trading 16.3% below its estimated fair value. The current Days Payable is 48.15, which is 19% above median its 10-year median of 40.57 and 28.3% below the Vehicles & Parts industry median of 67.12. Toyota Motor's overall GF Score™ is 80/100 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 Toyota Motor (TOYOF), the current Days Payable is 48.15 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 Toyota Motor (TOYOF) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Motor stock appears to be undervalued. The current stock price of $17.31 is trading 16.3% below its estimated GF Value™ of $20.67. GuruFocus considers Toyota Motor to be Modestly Undervalued.

Key valuation signals for TOYOF:

  • Days Payable: 48.15 (19% above median its 10-year median of 40.57)
  • GF Value™: $20.67 vs. price of $17.31 (16.3% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 28.3% below the Vehicles & Parts median (#883 of 1313)

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


Toyota Motor Business Description

Address 1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers, with 11.3 million units sold at retail in fiscal 2026, including 10.5 million across the Toyota and Lexus brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 50% excluding mini-vehicles, while US share is around 14%. The firm also owns stakes in Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2026 sales excluding financial services were JPY 46.1 trillion. Toyota also has a financing arm and manufactures homes and boats.
80GF Score

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

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Price
$20.67
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