Techno Ryowa (TSE:1965) Days Payable: 35.51 (As of Mar. 2026) — 40% Below Median


TSE:1965 Techno Ryowa Ltd TSE:1965
71 GF Score
Price 円5,910.00
GF Value 円3,262.97
Valuation Significantly Overvalued
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What is Techno Ryowa Days Payable?

Techno Ryowa TSE:1965 +0.34% 71 Days Payable is 35.51 as of Mar. 2026, which is 40% below its 10-year median of 58.85. GuruFocus rates TSE:1965 with a GF Score™ of 71/100 and a GF Value™ of 円3,262.97 (Significantly Overvalued). Among 1,708 Construction companies, Techno Ryowa ranks worse than 80.56% on this metric.

Techno Ryowa's average Accounts Payable for the three months ended in Mar. 2026 was 円8,405 Mil. Techno Ryowa's Cost of Goods Sold for the three months ended in Mar. 2026 was 円21,599 Mil. Hence, Techno Ryowa's Days Payable for the three months ended in Mar. 2026 was 35.51.

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

TSE:1965' s Days Payable Range Over the Past 10 Years
Min: 39.55   Med: 58.85   Max: 86.95
Current: 39.55

During the past 13 years, Techno Ryowa's highest Days Payable was 86.95. The lowest was 39.55. And the median was 58.85.

TSE:1965's Days Payable is ranked worse than
80.56% of 1708 companies
in the Construction industry
Industry Median: 76.635 vs TSE:1965: 39.55

Techno Ryowa's Days Payable declined from Mar. 2025 (38.51) to Mar. 2026 (35.51). It may suggest that Techno Ryowa accelerated paying its suppliers.


Techno Ryowa Days Payable Historical Data

* Premium members only.

The historical data trend for Techno Ryowa'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.

Techno Ryowa Days Payable Chart

Techno Ryowa 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 57.78 56.33 52.37 53.09 47.65

Techno Ryowa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 38.51 47.21 34.32 34.54 35.51

TSE:1965 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Techno Ryowa'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.


Techno Ryowa Days Payable vs Construction Industry

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

* The bar in red indicates where Techno Ryowa's Days Payable falls into.


TSE:1965
71GF Score
Techno Ryowa Ltd TSE:1965
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Techno Ryowa 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.

Techno Ryowa'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
=( (10293 + 8932) / 2 ) / 73637*365
=9612.5 / 73637*365
=47.65

Techno Ryowa'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
=( (7877 + 8932) / 2 ) / 21599*365 / 4
=8404.5 / 21599*365 / 4
=35.51

* 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 35.51 mean?
Techno Ryowa (TSE:1965) has a Days Payable of 35.51 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 Techno Ryowa and its competitors. This is 40% below median its historical median of 58.85. Over the past decade, Techno Ryowa's Days Payable has ranged from 39.55 to 86.95. According to the industry distribution chart, Techno Ryowa ranks #1376 out of 1708 companies in the Construction industry, placing it in the top 80.6%.
Is Techno Ryowa's Days Payable too high?
Techno Ryowa's current Days Payable of 35.51 is 40% below median its 10-year median of 58.85. Over the past 10 years, this metric has ranged from a low of 39.55 to a high of 86.95. The Construction industry median Days Payable is 76.64. Techno Ryowa's value of 35.51 is 53.7% below this industry median. Based on the distribution chart, Techno Ryowa ranks #1376 out of 1708 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Techno Ryowa has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Techno Ryowa's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Techno Ryowa ranks #1376 out of 1708 companies for Days Payable. This places Techno Ryowa in the lower half of its industry. The industry median Days Payable is 76.64. Techno Ryowa's value of 35.51 is 53.7% below this benchmark. Historically, Techno Ryowa's own Days Payable has ranged from 39.55 to 86.95 over the past decade. While the company's 10-year median is 58.85 vs. the industry median of 76.64, Techno Ryowa 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 76.64, based on 1,708 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. Techno Ryowa's current Days Payable of 35.51 is 53.7% 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 Techno Ryowa and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Ryowa's current Days Payable is 35.51, which is 40% below median its own 10-year median of 58.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Ryowa stock overvalued right now?
Based on GuruFocus' analysis, Techno Ryowa (TSE:1965) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,262.97, compared to a current price of 円5,910.00 — trading 81.1% above its estimated fair value. The current Days Payable is 35.51, which is 40% below median its 10-year median of 58.85 and 53.7% below the Construction industry median of 76.64. Techno Ryowa's overall GF Score™ is 71/100. 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 Techno Ryowa (TSE:1965), the current Days Payable is 35.51 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 Techno Ryowa (TSE:1965) Overvalued in 2026?

Based on GuruFocus' analysis, Techno Ryowa stock appears to be overvalued. The current stock price of 円5,910.00 is trading 81.1% above its estimated GF Value™ of 円3,262.97. GuruFocus considers Techno Ryowa to be Significantly Overvalued.

Key valuation signals for TSE:1965:

  • Days Payable: 35.51 (40% below median its 10-year median of 58.85)
  • GF Value™: 円3,262.97 vs. price of 円5,910.00 (81.1% above fair value)
  • GF Score™: 71/100
  • Industry Position: 53.7% below the Construction median (#1376 of 1708)

No single metric tells the full story. See the TSE:1965 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Techno Ryowa Business Description

Address 2-12-8 Shibadaimon, Minato-Ku, Tokyo, JPN, 170-0005
Techno Ryowa Ltd is engaged in the design and installation of thermal and air conditioning equipment for factories and office buildings. It designs, construct, and maintain air conditioning equipment; and plumbing and sanitation facilities in Japan.
71GF Score

Get the complete analysis for TSE:1965

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

円5,910.00
Price
円3,262.97
GF Value