Kodensha Co (TSE:1948) Days Payable: 40.53 (As of Sep. 2025) — 60% Below Median


TSE:1948 Kodensha Co Ltd TSE:1948
53 GF Score
Price 円11,410.00
GF Value 円1,375.45
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Kodensha Co Days Payable?

Kodensha Co TSE:1948 -0.09% 53 Days Payable is 40.53 as of Sep. 2025, which is 60% below its 10-year median of 101.65. GuruFocus rates TSE:1948 with a GF Score™ of 53/100 and a GF Value™ of 円1,375.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,713 Construction companies, Kodensha Co ranks better than 62.81% on this metric.

Kodensha Co's average Accounts Payable for the three months ended in Sep. 2025 was 円4,046 Mil. Kodensha Co's Cost of Goods Sold for the three months ended in Sep. 2025 was 円9,109 Mil. Hence, Kodensha Co's Days Payable for the three months ended in Sep. 2025 was 40.53.

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

TSE:1948' s Days Payable Range Over the Past 10 Years
Min: 55.89   Med: 101.65   Max: 118.09
Current: 102

During the past 13 years, Kodensha Co's highest Days Payable was 118.09. The lowest was 55.89. And the median was 101.65.

TSE:1948's Days Payable is ranked better than
62.81% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs TSE:1948: 102.00

Kodensha Co's Days Payable declined from Jun. 2024 (56.08) to Sep. 2025 (40.53). It may suggest that Kodensha Co accelerated paying its suppliers.


Kodensha Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kodensha 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.

Kodensha Co Days Payable Chart

Kodensha Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.17 89.12 71.06 67.18 55.89

Kodensha Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25
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 56.08 49.49 0.00 56.10 40.53

TSE:1948 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Kodensha 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.


Kodensha Co Days Payable vs Construction Industry

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

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


TSE:1948
53GF Score
Kodensha Co Ltd TSE:1948
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kodensha 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.

Kodensha Co's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (4148 + 5375) / 2 ) / 31097*365
=4761.5 / 31097*365
=55.89

Kodensha Co's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (3471 + 4621) / 2 ) / 9109*365 / 4
=4046 / 9109*365 / 4
=40.53

* 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 40.53 mean?
Kodensha Co (TSE:1948) has a Days Payable of 40.53 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kodensha Co and its competitors. This is 60% below median its historical median of 101.65. Over the past decade, Kodensha Co's Days Payable has ranged from 55.89 to 118.09. According to the industry distribution chart, Kodensha Co ranks #637 out of 1713 companies in the Construction industry, placing it in the top 37.2%.
Is Kodensha Co's Days Payable too high?
Kodensha Co's current Days Payable of 40.53 is 60% below median its 10-year median of 101.65. Over the past 10 years, this metric has ranged from a low of 55.89 to a high of 118.09. The Construction industry median Days Payable is 76.49. Kodensha Co's value of 40.53 is 47% below this industry median. Based on the distribution chart, Kodensha Co ranks #637 out of 1713 companies in the Construction industry, which is above the industry midpoint. Overall, Kodensha Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kodensha Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Kodensha Co ranks #637 out of 1713 companies for Days Payable. This puts Kodensha Co in the upper half of its industry. The industry median Days Payable is 76.49. Kodensha Co's value of 40.53 is 47% below this benchmark. Historically, Kodensha Co's own Days Payable has ranged from 55.89 to 118.09 over the past decade. While the company's 10-year median is 101.65 vs. the industry median of 76.49, Kodensha 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 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. Kodensha Co's current Days Payable of 40.53 is 47% 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 Kodensha Co 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. Kodensha Co's current Days Payable is 40.53, which is 60% below median its own 10-year median of 101.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kodensha Co stock overvalued right now?
Based on GuruFocus' analysis, Kodensha Co (TSE:1948) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,375.45, compared to a current price of 円11,410.00 — trading 729.5% above its estimated fair value. The current Days Payable is 40.53, which is 60% below median its 10-year median of 101.65 and 47% below the Construction industry median of 76.49. Kodensha Co's overall GF Score™ is 53/100 with 6 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 Kodensha Co (TSE:1948), the current Days Payable is 40.53 as of Sep. 2025. 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 Kodensha Co (TSE:1948) Overvalued in 2026?

Based on GuruFocus' analysis, Kodensha Co stock appears to be overvalued. The current stock price of 円11,410.00 is trading 729.5% above its estimated GF Value™ of 円1,375.45. GuruFocus considers Kodensha Co to be Significantly Overvalued.

Key valuation signals for TSE:1948:

  • Days Payable: 40.53 (60% below median its 10-year median of 101.65)
  • GF Value™: 円1,375.45 vs. price of 円11,410.00 (729.5% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 47% below the Construction median (#637 of 1713)

No single metric tells the full story. See the TSE:1948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kodensha Co Business Description

Address 5-11-10 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Kodensha Co Ltd is a specialized company of electrical equipment construction. It has diversified its operations into the following segments. The "Electrical Equipment Construction Business" carries out indoor wiring construction, power transmission line construction, power generation and transformation construction, communication construction, and air conditioning construction. The "Product Sales Business" sells electronic control and measurement machinery and equipment, substation equipment and equipment, machine tools and equipment, information and communication machinery and equipment, refrigeration and air conditioning machinery and equipment, elevators and monitoring, and control equipment.
53GF Score

Get the complete analysis for TSE:1948

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

円11,410.00
Price
円1,375.45
GF Value