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ICHIKEN CoTSE:1847 +0.87%64 Days Payable is 44.74 as of Mar. 2026, which is 25% below its 10-year median of 59.69. GuruFocus rates TSE:1847 with a GF Score™ of 64/100 and a GF Value™ of 円1,439.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,573 Real Estate companies, ICHIKEN Co ranks worse than 73.74% on this metric.
ICHIKEN Co's average Accounts Payable for the
three
months ended in Mar. 2026 was 円12,134 Mil. ICHIKEN Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円24,749 Mil.
Hence, ICHIKEN Co's Days Payable for the
three
months ended in Mar. 2026 was 44.74.
The historical rank and industry rank for ICHIKEN Co's Days Payable or its related term are showing as below:
TSE:1847'
s Days Payable Range Over the Past 10 Years
Min: 42 Med: 59.69 Max: 128.09
Current: 42
During the past 13 years, ICHIKEN Co's highest Days Payable was 128.09. The lowest was 42.00. And the median was 59.69.
TSE:1847's Days Payable is ranked worse than 73.74% of 1573
companies
in the Real Estate industry
Industry Median: 94.33
vs TSE:1847: 42.00
ICHIKEN Co's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (44.74).
It may suggest that ICHIKEN Codelayed paying its suppliers.
The historical data trend for ICHIKEN 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.
For the Real Estate - Development subindustry, ICHIKEN 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.
ICHIKEN Co Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, ICHIKEN Co's Days Payable distribution charts can be found below:
* The bar in red indicates where ICHIKEN Co's Days Payable falls into.
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.
ICHIKEN Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
ICHIKEN Co (TSE:1847) has a Days Payable of 44.74 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 ICHIKEN Co and its competitors. This is 25% below median its historical median of 59.69. Over the past decade, ICHIKEN Co's Days Payable has ranged from 42.00 to 128.09. According to the industry distribution chart, ICHIKEN Co ranks #1160 out of 1573 companies in the Real Estate industry, placing it in the top 73.7%.
Is ICHIKEN Co's Days Payable too high?
ICHIKEN Co's current Days Payable of 44.74 is 25% below median its 10-year median of 59.69. Over the past 10 years, this metric has ranged from a low of 42.00 to a high of 128.09. The Real Estate industry median Days Payable is 94.33. ICHIKEN Co's value of 44.74 is 52.6% below this industry median. Based on the distribution chart, ICHIKEN Co ranks #1160 out of 1573 companies in the Real Estate industry, which is below the industry midpoint. Overall, ICHIKEN Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ICHIKEN Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, ICHIKEN Co ranks #1160 out of 1573 companies for Days Payable. This places ICHIKEN Co in the lower half of its industry. The industry median Days Payable is 94.33. ICHIKEN Co's value of 44.74 is 52.6% below this benchmark. Historically, ICHIKEN Co's own Days Payable has ranged from 42.00 to 128.09 over the past decade. While the company's 10-year median is 59.69 vs. the industry median of 94.33, ICHIKEN 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.33, based on 1,573 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. ICHIKEN Co's current Days Payable of 44.74 is 52.6% 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 ICHIKEN Co and its competitors. For the Real Estate industry, the median Days Payable is 94.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICHIKEN Co's current Days Payable is 44.74, which is 25% below median its own 10-year median of 59.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICHIKEN Co stock overvalued right now?
Based on GuruFocus' analysis, ICHIKEN Co (TSE:1847) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,439.10, compared to a current price of 円3,460.00 — trading 140.4% above its estimated fair value. The current Days Payable is 44.74, which is 25% below median its 10-year median of 59.69 and 52.6% below the Real Estate industry median of 94.33. ICHIKEN Co's overall GF Score™ is 64/100 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 ICHIKEN Co (TSE:1847), the current Days Payable is 44.74 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 ICHIKEN Co (TSE:1847) Overvalued in 2026?
Based on GuruFocus' analysis, ICHIKEN Co stock appears to be overvalued.
The current stock price of 円3,460.00 is trading 140.4% above its estimated GF Value™ of 円1,439.10.
GuruFocus considers ICHIKEN Co to be Significantly Overvalued.
Key valuation signals for TSE:1847:
Days Payable: 44.74 (25% below median its 10-year median of 59.69)
GF Value™: 円1,439.10 vs. price of 円3,460.00 (140.4% above fair value)
Industry Position: 52.6% below the Real Estate median (#1160 of 1573)
No single metric tells the full story. See the TSE:1847 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICHIKEN Co Ltd is engaged in the construction business. It mainly builds and remodels commercial buildings such as retail stores. It also constructs residential and institutional buildings such as hospitals and hotels.
64GF Score
Get the complete analysis for TSE:1847
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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