Tokyo Energy & Systems (TSE:1945) Days Payable: 23.51 (As of Mar. 2026) — 51% Below Median

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TSE:1945 Tokyo Energy & Systems Inc TSE:1945
66 GF Score
Price 円1,947.00
GF Value 円1,226.62
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tokyo Energy & Systems Days Payable?

Tokyo Energy & Systems TSE:1945 -2.41% 66 Days Payable is 23.51 as of Mar. 2026, which is 51% below its 10-year median of 47.67. GuruFocus rates TSE:1945 with a GF Score™ of 66/100 and a GF Value™ of 円1,226.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,716 Construction companies, Tokyo Energy & Systems ranks worse than 85.9% on this metric.

Tokyo Energy & Systems's average Accounts Payable for the three months ended in Mar. 2026 was 円7,378 Mil. Tokyo Energy & Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was 円28,640 Mil. Hence, Tokyo Energy & Systems's Days Payable for the three months ended in Mar. 2026 was 23.51.

The historical rank and industry rank for Tokyo Energy & Systems's Days Payable or its related term are showing as below:

TSE:1945' s Days Payable Range Over the Past 10 Years
Min: 34.78   Med: 47.67   Max: 57.72
Current: 34.78

During the past 13 years, Tokyo Energy & Systems's highest Days Payable was 57.72. The lowest was 34.78. And the median was 47.67.

TSE:1945's Days Payable is ranked worse than
85.9% of 1716 companies
in the Construction industry
Industry Median: 76.55 vs TSE:1945: 34.78

Tokyo Energy & Systems's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (23.51). It may suggest that Tokyo Energy & Systems delayed paying its suppliers.


Tokyo Energy & Systems Days Payable Historical Data

* Premium members only.

The historical data trend for Tokyo Energy & Systems'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.

Tokyo Energy & Systems Days Payable Chart

Tokyo Energy & Systems 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 46.93 49.44 40.45 50.44 44.18

Tokyo Energy & Systems Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 44.29 31.05 42.14 23.51

TSE:1945 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Tokyo Energy & Systems'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.


Tokyo Energy & Systems Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Tokyo Energy & Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Tokyo Energy & Systems's Days Payable falls into.


TSE:1945
66GF Score
Tokyo Energy & Systems Inc TSE:1945
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Energy & Systems 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.

Tokyo Energy & Systems'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
=( (7828 + 9211) / 2 ) / 70380*365
=8519.5 / 70380*365
=44.18

Tokyo Energy & Systems'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5545 + 9211) / 2 ) / 28640*365 / 4
=7378 / 28640*365 / 4
=23.51

* 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 23.51 mean?
Tokyo Energy & Systems (TSE:1945) has a Days Payable of 23.51 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 Tokyo Energy & Systems and its competitors. This is 51% below median its historical median of 47.67. Over the past decade, Tokyo Energy & Systems' Days Payable has ranged from 34.78 to 57.72. According to the industry distribution chart, Tokyo Energy & Systems ranks #1474 out of 1716 companies in the Construction industry, placing it in the top 85.9%.
Is Tokyo Energy & Systems' Days Payable too high?
Tokyo Energy & Systems' current Days Payable of 23.51 is 51% below median its 10-year median of 47.67. Over the past 10 years, this metric has ranged from a low of 34.78 to a high of 57.72. The Construction industry median Days Payable is 76.55. Tokyo Energy & Systems' value of 23.51 is 69.3% below this industry median. Based on the distribution chart, Tokyo Energy & Systems ranks #1474 out of 1716 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Tokyo Energy & Systems has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Energy & Systems' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Tokyo Energy & Systems ranks #1474 out of 1716 companies for Days Payable. This places Tokyo Energy & Systems in the lower half of its industry. The industry median Days Payable is 76.55. Tokyo Energy & Systems' value of 23.51 is 69.3% below this benchmark. Historically, Tokyo Energy & Systems' own Days Payable has ranged from 34.78 to 57.72 over the past decade. While the company's 10-year median is 47.67 vs. the industry median of 76.55, Tokyo Energy & Systems 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 76.55, 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. Tokyo Energy & Systems's current Days Payable of 23.51 is 69.3% 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 Tokyo Energy & Systems and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Energy & Systems's current Days Payable is 23.51, which is 51% below median its own 10-year median of 47.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Energy & Systems stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Energy & Systems (TSE:1945) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,226.62, compared to a current price of 円1,947.00 — trading 58.7% above its estimated fair value. The current Days Payable is 23.51, which is 51% below median its 10-year median of 47.67 and 69.3% below the Construction industry median of 76.55. Tokyo Energy & Systems' overall GF Score™ is 66/100 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 Tokyo Energy & Systems (TSE:1945), the current Days Payable is 23.51 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 Tokyo Energy & Systems (TSE:1945) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Energy & Systems stock appears to be overvalued. The current stock price of 円1,947.00 is trading 58.7% above its estimated GF Value™ of 円1,226.62. GuruFocus considers Tokyo Energy & Systems to be Significantly Overvalued.

Key valuation signals for TSE:1945:

  • Days Payable: 23.51 (51% below median its 10-year median of 47.67)
  • GF Value™: 円1,226.62 vs. price of 円1,947.00 (58.7% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 69.3% below the Construction median (#1474 of 1716)

No single metric tells the full story. See the TSE:1945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Energy & Systems Business Description

Address 1-3-1 Nihonbashi Kayabacho, Chuo-ku, Tokyo, JPN, 103-0025
Tokyo Energy & Systems Inc constructs and maintains electricity generation plants, substations, and other power-related equipment. It also provides equipment for and assist in the construction of solar power generation stations and work to promote other forms of renewable energy. It is also engaged in the construction of much of the electrical equipment used in buildings and factories, as well as telecommunication equipment, and provides a service that dispatches engineers. The company's reportable segment is Facility installation business.
66GF Score

Get the complete analysis for TSE:1945

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

円1,947.00
Price
円1,226.62
GF Value