As Partners Co (TSE:160A) Days Payable: 12.50 (As of Mar. 2026) — 23% Above Median

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TSE:160A As Partners Co Ltd TSE:160A
9 GF Score
Price 円2,039.00
! 3 Warning Signs
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What is As Partners Co Days Payable?

As Partners Co TSE:160A -1.21% 9 Days Payable is 12.50 as of Mar. 2026, which is 23% above its 10-year median of 10.18. GuruFocus rates TSE:160A with a GF Score™ of 9/100. The stock has 3 warning signs investors should review. Among 509 Conglomerates companies, As Partners Co ranks worse than 96.66% on this metric.

As Partners Co's average Accounts Payable for the six months ended in Mar. 2026 was 円585 Mil. As Partners Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円8,543 Mil. Hence, As Partners Co's Days Payable for the six months ended in Mar. 2026 was 12.50.

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

TSE:160A' s Days Payable Range Over the Past 10 Years
Min: 8.83   Med: 10.18   Max: 13.95
Current: 9.89

During the past 5 years, As Partners Co's highest Days Payable was 13.95. The lowest was 8.83. And the median was 10.18.

TSE:160A's Days Payable is ranked worse than
96.66% of 509 companies
in the Conglomerates industry
Industry Median: 56.18 vs TSE:160A: 9.89

As Partners Co's Days Payable increased from Mar. 2025 (12.34) to Mar. 2026 (12.50). It may suggest that As Partners Co delayed paying its suppliers.


As Partners Co Days Payable Historical Data

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The historical data trend for As Partners 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.

As Partners Co Days Payable Chart

As Partners Co Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
13.95 11.66 8.93 10.18 8.83

As Partners Co Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 8.94 12.34 8.79 12.50

TSE:160A vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, As Partners 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.


As Partners Co Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, As Partners Co's Days Payable distribution charts can be found below:

* The bar in red indicates where As Partners Co's Days Payable falls into.


TSE:160A
9GF Score
As Partners Co Ltd TSE:160A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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As Partners 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.

As Partners 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
=( (406.658 + 532.096) / 2 ) / 19394.021*365
=469.377 / 19394.021*365
=8.83

As Partners 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
=( (638.056 + 532.096) / 2 ) / 8542.853*365 / 2
=585.076 / 8542.853*365 / 2
=12.50

* 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 12.50 mean?
As Partners Co (TSE:160A) has a Days Payable of 12.50 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 As Partners Co and its competitors. This is 23% above median its historical median of 10.18. Over the past decade, As Partners Co's Days Payable has ranged from 8.83 to 13.95. According to the industry distribution chart, As Partners Co ranks #492 out of 509 companies in the Conglomerates industry, placing it in the top 96.7%.
Is As Partners Co's Days Payable too high?
As Partners Co's current Days Payable of 12.50 is 23% above median its 10-year median of 10.18. Over the past 10 years, this metric has ranged from a low of 8.83 to a high of 13.95. The Conglomerates industry median Days Payable is 56.18. As Partners Co's value of 12.50 is 77.8% below this industry median. Based on the distribution chart, As Partners Co ranks #492 out of 509 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, As Partners Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does As Partners Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, As Partners Co ranks #492 out of 509 companies for Days Payable. This places As Partners Co in the lower half of its industry. The industry median Days Payable is 56.18. As Partners Co's value of 12.50 is 77.8% below this benchmark. Historically, As Partners Co's own Days Payable has ranged from 8.83 to 13.95 over the past decade. While the company's 10-year median is 10.18 vs. the industry median of 56.18, As Partners 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.18, based on 509 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. As Partners Co's current Days Payable of 12.50 is 77.8% 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 As Partners Co and its competitors. For the Conglomerates industry, the median Days Payable is 56.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. As Partners Co's current Days Payable is 12.50, which is 23% above median its own 10-year median of 10.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is As Partners Co stock overvalued right now?
As Partners Co (TSE:160A) has a current Days Payable of 12.50. The current Days Payable is 12.50, which is 23% above median its 10-year median of 10.18 and 77.8% below the Conglomerates industry median of 56.18. As Partners Co's overall GF Score™ is 9/100 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 As Partners Co (TSE:160A), the current Days Payable is 12.50 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.

As Partners Co Business Description

Address 2-2 Kandasurugadai, Chiyoda-ku, Tokyo, JPN, 1010062
As Partners Co Ltd is engaged in two business Senior business and Real estate business. Senior business includes management of nursing homes (paid nursing homes with nursing care) (life care for residents of general specified facilities), day services, and short stays. Real estate business includes real estate ownership, residential lot sales, real estate revitalization consulting, etc.
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円2,039.00
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