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TENOXTSE:1905 +1.26%73 Days Payable is 72.33 as of Mar. 2026, which is 24% below its 10-year median of 94.65. GuruFocus rates TSE:1905 with a GF Score™ of 73/100 and a GF Value™ of 円1,243.18 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,713 Construction companies, TENOX ranks better than 57.85% on this metric.
TENOX's average Accounts Payable for the
six
months ended in Mar. 2026 was 円3,873 Mil. TENOX's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円9,773 Mil.
Hence, TENOX's Days Payable for the
six
months ended in Mar. 2026 was 72.33.
The historical rank and industry rank for TENOX's Days Payable or its related term are showing as below:
TSE:1905'
s Days Payable Range Over the Past 10 Years
Min: 76.73 Med: 94.65 Max: 118.12
Current: 90.95
During the past 13 years, TENOX's highest Days Payable was 118.12. The lowest was 76.73. And the median was 94.65.
TSE:1905's Days Payable is ranked better than 57.85% of 1713
companies
in the Construction industry
Industry Median: 76.49
vs TSE:1905: 90.95
TENOX's Days Payable
declined
from Mar. 2025 (98.14) to Mar. 2026 (72.33).
It may suggest that TENOXaccelerated paying its suppliers.
TENOX Days Payable Related Terms
TENOX Days Payable Historical Data
* Premium members only.
The historical data trend for TENOX'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.
TSE:1905 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, TENOX'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.
TENOX Days Payable vs Construction Industry
For the Construction industry and Industrials sector, TENOX's Days Payable distribution charts can be found below:
* The bar in red indicates where TENOX'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.
TENOX'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.
TENOX (TSE:1905) has a Days Payable of 72.33 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 TENOX and its competitors. This is 24% below median its historical median of 94.65. Over the past decade, TENOX's Days Payable has ranged from 76.73 to 118.12. According to the industry distribution chart, TENOX ranks #722 out of 1713 companies in the Construction industry, placing it in the top 42.1%.
Is TENOX's Days Payable too high?
TENOX's current Days Payable of 72.33 is 24% below median its 10-year median of 94.65. Over the past 10 years, this metric has ranged from a low of 76.73 to a high of 118.12. The Construction industry median Days Payable is 76.49. TENOX's value of 72.33 is 5.4% below this industry median. Based on the distribution chart, TENOX ranks #722 out of 1713 companies in the Construction industry, which is above the industry midpoint. Overall, TENOX has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TENOX's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, TENOX ranks #722 out of 1713 companies for Days Payable. This puts TENOX in the upper half of its industry. The industry median Days Payable is 76.49. TENOX's value of 72.33 is 5.4% below this benchmark. Historically, TENOX's own Days Payable has ranged from 76.73 to 118.12 over the past decade. While the company's 10-year median is 94.65 vs. the industry median of 76.49, TENOX 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 76.49, based on 1,713 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. TENOX's current Days Payable of 72.33 is 5.4% 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 TENOX and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TENOX's current Days Payable is 72.33, which is 24% below median its own 10-year median of 94.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TENOX stock overvalued right now?
Based on GuruFocus' analysis, TENOX (TSE:1905) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,243.18, compared to a current price of 円1,524.00 — trading 22.6% above its estimated fair value. The current Days Payable is 72.33, which is 24% below median its 10-year median of 94.65 and 5.4% below the Construction industry median of 76.49. TENOX's overall GF Score™ is 73/100 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 TENOX (TSE:1905), the current Days Payable is 72.33 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 TENOX (TSE:1905) Overvalued in 2026?
Based on GuruFocus' analysis, TENOX stock appears to be overvalued.
The current stock price of 円1,524.00 is trading 22.6% above its estimated GF Value™ of 円1,243.18.
GuruFocus considers TENOX to be Modestly Overvalued.
Key valuation signals for TSE:1905:
Days Payable: 72.33 (24% below median its 10-year median of 94.65)
GF Value™: 円1,243.18 vs. price of 円1,524.00 (22.6% above fair value)
Industry Position: 5.4% below the Construction median (#722 of 1713)
No single metric tells the full story. See the TSE:1905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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