First-corp (TSE:1430) Days Payable: 0.00 (As of Nov. 2025)


TSE:1430 First-corp Inc TSE:1430
66 GF Score
Price 円952.00
GF Value 円1,415.82
Valuation Possible Value Trap
! 5 Warning Signs
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What is First-corp Days Payable?

First-corp TSE:1430 -0.10% 66 Days Payable is 0.00 as of Nov. 2025. GuruFocus rates TSE:1430 with a GF Score™ of 66/100 and a GF Value™ of 円1,415.82 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 88 Homebuilding & Construction companies, First-corp ranks better than 93.18% on this metric.

First-corp's average Accounts Payable for the three months ended in Nov. 2025 was 円3,511 Mil. First-corp's Cost of Goods Sold for the three months ended in Nov. 2025 was 円0 Mil.

The historical rank and industry rank for First-corp's Days Payable or its related term are showing as below:

TSE:1430' s Days Payable Range Over the Past 10 Years
Min: 39.87   Med: 74.32   Max: 151.43
Current: 151.43

During the past 12 years, First-corp's highest Days Payable was 151.43. The lowest was 39.87. And the median was 74.32.

TSE:1430's Days Payable is ranked better than
93.18% of 88 companies
in the Homebuilding & Construction industry
Industry Median: 37.105 vs TSE:1430: 151.43

First-corp's Days Payable declined from Feb. 2024 (67.71) to Nov. 2025 (0.00). It may suggest that First-corp accelerated paying its suppliers.


First-corp Days Payable Historical Data

* Premium members only.

The historical data trend for First-corp'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.

First-corp Days Payable Chart

First-corp Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.31 74.41 84.87 62.35 39.87

First-corp Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Nov25 Feb26
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 55.29 0.00 0.00 0.00 32.39

TSE:1430 vs DHI, PHM, LEN: Days Payable Comparison

For the Residential Construction subindustry, First-corp'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.


First-corp Days Payable vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, First-corp's Days Payable distribution charts can be found below:

* The bar in red indicates where First-corp's Days Payable falls into.


TSE:1430
66GF Score
First-corp Inc TSE:1430
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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First-corp 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.

First-corp's Days Payable for the fiscal year that ended in May. 2025 is calculated as

Days Payable (A: May. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2024 ) + Accounts Payable (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (4424.133 + 4096.353) / 2 ) / 38996.735*365
=4260.243 / 38996.735*365
=39.87

First-corp's Days Payable for the quarter that ended in Nov. 2025 is calculated as:

Days Payable (Q: Nov. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2025 ) + Accounts Payable (Q: Nov. 2025 )) / count ) / Cost of Goods Sold (Q: Nov. 2025 )*Days in Period
=( (4096.353 + 2926.153) / 2 ) / 0*365 / 4
=3511.253 / 0*365 / 4
=N/A

* 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 0.00 mean?
First-corp (TSE:1430) has a Days Payable of 0.00 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on First-corp and its competitors. Over the past decade, First-corp's Days Payable has ranged from 39.87 to 151.43. According to the industry distribution chart, First-corp ranks #6 out of 88 companies in the Homebuilding & Construction industry, placing it in the top 6.8%.
Is First-corp's Days Payable too high?
First-corp's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 39.87 to a high of 151.43. Based on the distribution chart, First-corp ranks #6 out of 88 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, First-corp has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does First-corp's Days Payable compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, First-corp ranks #6 out of 88 companies for Days Payable. This places First-corp in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 37.11. Historically, First-corp's own Days Payable has ranged from 39.87 to 151.43 over the past decade. 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 Homebuilding & Construction company?
The median Days Payable among Homebuilding & Construction companies is 37.11, based on 88 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. 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 First-corp and its competitors. For the Homebuilding & Construction industry, the median Days Payable is 37.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First-corp's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First-corp stock overvalued right now?
Based on GuruFocus' analysis, First-corp (TSE:1430) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,415.82, compared to a current price of 円952.00 — trading 32.8% below its estimated fair value. The current Days Payable is 0.00. First-corp's overall GF Score™ is 66/100 with 5 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 First-corp (TSE:1430), the current Days Payable is 0.00 as of Nov. 2025. 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 First-corp (TSE:1430) Overvalued in 2026?

Based on GuruFocus' analysis, First-corp stock appears to be undervalued. The current stock price of 円952.00 is trading 32.8% below its estimated GF Value™ of 円1,415.82. GuruFocus considers First-corp to be Possible Value Trap.

Key valuation signals for TSE:1430:

  • Days Payable: 0.00
  • GF Value™: 円1,415.82 vs. price of 円952.00 (32.8% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the TSE:1430 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First-corp Business Description

Address 4-30-16 Ogikubo, 8th Floor, Fujisawa Building, Suginami-ku, Tokyo, JPN, 167-0051
First-corp Inc engages in the condominium construction business. It provides general construction, consultation, planning, and design. The firm purchases land, plans and designs, and proposes the same to business owners for construction contracts.
66GF Score

Get the complete analysis for TSE:1430

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

円952.00
Price
円1,415.82
GF Value