Kitano Construction (TSE:1866) Days Payable: 39.60 (As of Mar. 2026) — 42% Below Median

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TSE:1866 Kitano Construction Corp TSE:1866
65 GF Score
Price 円1,110.00
GF Value 円878.18
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kitano Construction Days Payable?

Kitano Construction TSE:1866 -1.33% 65 Days Payable is 39.60 as of Mar. 2026, which is 42% below its 10-year median of 68.14. GuruFocus rates TSE:1866 with a GF Score™ of 65/100 and a GF Value™ of 円878.18 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,716 Construction companies, Kitano Construction ranks worse than 76.11% on this metric.

Kitano Construction's average Accounts Payable for the six months ended in Mar. 2026 was 円7,562 Mil. Kitano Construction's Cost of Goods Sold for the six months ended in Mar. 2026 was 円34,851 Mil. Hence, Kitano Construction's Days Payable for the six months ended in Mar. 2026 was 39.60.

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

TSE:1866' s Days Payable Range Over the Past 10 Years
Min: 44.54   Med: 68.14   Max: 89.75
Current: 44.54

During the past 13 years, Kitano Construction's highest Days Payable was 89.75. The lowest was 44.54. And the median was 68.14.

TSE:1866's Days Payable is ranked worse than
76.11% of 1716 companies
in the Construction industry
Industry Median: 76.48 vs TSE:1866: 44.54

Kitano Construction's Days Payable increased from Mar. 2025 (39.11) to Mar. 2026 (39.60). It may suggest that Kitano Construction delayed paying its suppliers.


Kitano Construction Days Payable Historical Data

* Premium members only.

The historical data trend for Kitano Construction'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.

Kitano Construction Days Payable Chart

Kitano Construction 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 71.67 54.11 55.78 50.51 48.75

Kitano Construction Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 40.48 48.43 39.11 45.52 39.60

TSE:1866 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Kitano Construction'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.


Kitano Construction Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Kitano Construction's Days Payable distribution charts can be found below:

* The bar in red indicates where Kitano Construction's Days Payable falls into.


TSE:1866
65GF Score
Kitano Construction Corp TSE:1866
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kitano Construction 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.

Kitano Construction'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
=( (9444 + 8480) / 2 ) / 67101*365
=8962 / 67101*365
=48.75

Kitano Construction'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
=( (6643 + 8480) / 2 ) / 34851*365 / 2
=7561.5 / 34851*365 / 2
=39.60

* 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 39.60 mean?
Kitano Construction (TSE:1866) has a Days Payable of 39.60 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 Kitano Construction and its competitors. This is 42% below median its historical median of 68.14. Over the past decade, Kitano Construction's Days Payable has ranged from 44.54 to 89.75. According to the industry distribution chart, Kitano Construction ranks #1306 out of 1716 companies in the Construction industry, placing it in the top 76.1%.
Is Kitano Construction's Days Payable too high?
Kitano Construction's current Days Payable of 39.60 is 42% below median its 10-year median of 68.14. Over the past 10 years, this metric has ranged from a low of 44.54 to a high of 89.75. The Construction industry median Days Payable is 76.48. Kitano Construction's value of 39.60 is 48.2% below this industry median. Based on the distribution chart, Kitano Construction ranks #1306 out of 1716 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Kitano Construction has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitano Construction's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Kitano Construction ranks #1306 out of 1716 companies for Days Payable. This places Kitano Construction in the lower half of its industry. The industry median Days Payable is 76.48. Kitano Construction's value of 39.60 is 48.2% below this benchmark. Historically, Kitano Construction's own Days Payable has ranged from 44.54 to 89.75 over the past decade. While the company's 10-year median is 68.14 vs. the industry median of 76.48, Kitano Construction 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 Construction company?
The median Days Payable among Construction companies is 76.48, based on 1,716 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. Kitano Construction's current Days Payable of 39.60 is 48.2% 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 Kitano Construction and its competitors. For the Construction industry, the median Days Payable is 76.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitano Construction's current Days Payable is 39.60, which is 42% below median its own 10-year median of 68.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitano Construction stock overvalued right now?
Based on GuruFocus' analysis, Kitano Construction (TSE:1866) is currently considered Modestly Overvalued. The stock's GF Value™ is 円878.18, compared to a current price of 円1,110.00 — trading 26.4% above its estimated fair value. The current Days Payable is 39.60, which is 42% below median its 10-year median of 68.14 and 48.2% below the Construction industry median of 76.48. Kitano Construction's overall GF Score™ is 65/100 with 4 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 Kitano Construction (TSE:1866), the current Days Payable is 39.60 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 Kitano Construction (TSE:1866) Overvalued in 2026?

Based on GuruFocus' analysis, Kitano Construction stock appears to be overvalued. The current stock price of 円1,110.00 is trading 26.4% above its estimated GF Value™ of 円878.18. GuruFocus considers Kitano Construction to be Modestly Overvalued.

Key valuation signals for TSE:1866:

  • Days Payable: 39.60 (42% below median its 10-year median of 68.14)
  • GF Value™: 円878.18 vs. price of 円1,110.00 (26.4% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 48.2% below the Construction median (#1306 of 1716)

No single metric tells the full story. See the TSE:1866 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kitano Construction Business Description

Address 1-9-2 Ginza, Chuo-ku, Tokyo, JPN, 104-8116
Kitano Construction Corp provides real estate services in Japan. Its business activities include planning, designing, construction management and consulting of construction work and development of urban, regional and resort projects.
65GF Score

Get the complete analysis for TSE:1866

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

円1,110.00
Price
円878.18
GF Value