Kyowanissei Co (TSE:1981) Days Payable: 44.50 (As of Mar. 2026) — 22% Below Median


TSE:1981 Kyowanissei Co Ltd TSE:1981
62 GF Score
Price 円1,308.00
GF Value 円1,645.78
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kyowanissei Co Days Payable?

Kyowanissei Co TSE:1981 -0.15% 62 Days Payable is 44.50 as of Mar. 2026, which is 22% below its 10-year median of 57.19. GuruFocus rates TSE:1981 with a GF Score™ of 62/100 and a GF Value™ of 円1,645.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,710 Construction companies, Kyowanissei Co ranks worse than 72.34% on this metric.

Kyowanissei Co's average Accounts Payable for the six months ended in Mar. 2026 was 円4,572 Mil. Kyowanissei Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円18,751 Mil. Hence, Kyowanissei Co's Days Payable for the six months ended in Mar. 2026 was 44.50.

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

TSE:1981' s Days Payable Range Over the Past 10 Years
Min: 48.41   Med: 57.19   Max: 60.12
Current: 48.41

During the past 13 years, Kyowanissei Co's highest Days Payable was 60.12. The lowest was 48.41. And the median was 57.19.

TSE:1981's Days Payable is ranked worse than
72.34% of 1710 companies
in the Construction industry
Industry Median: 76.79 vs TSE:1981: 48.41

Kyowanissei Co's Days Payable declined from Mar. 2025 (45.57) to Mar. 2026 (44.50). It may suggest that Kyowanissei Co accelerated paying its suppliers.


Kyowanissei Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kyowanissei 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.

Kyowanissei Co Days Payable Chart

Kyowanissei Co 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 57.87 59.04 60.12 57.11 53.17

Kyowanissei Co 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 48.26 57.85 45.57 47.73 44.50

TSE:1981 vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Kyowanissei 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.


Kyowanissei Co Days Payable vs Construction Industry

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

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


TSE:1981
62GF Score
Kyowanissei Co Ltd TSE:1981
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kyowanissei 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.

Kyowanissei Co'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
=( (5101.091 + 5328.449) / 2 ) / 35798.138*365
=5214.77 / 35798.138*365
=53.17

Kyowanissei Co'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
=( (3815.025 + 5328.449) / 2 ) / 18750.784*365 / 2
=4571.737 / 18750.784*365 / 2
=44.50

* 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 44.50 mean?
Kyowanissei Co (TSE:1981) has a Days Payable of 44.50 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 Kyowanissei Co and its competitors. This is 22% below median its historical median of 57.19. Over the past decade, Kyowanissei Co's Days Payable has ranged from 48.41 to 60.12. According to the industry distribution chart, Kyowanissei Co ranks #1237 out of 1710 companies in the Construction industry, placing it in the top 72.3%.
Is Kyowanissei Co's Days Payable too high?
Kyowanissei Co's current Days Payable of 44.50 is 22% below median its 10-year median of 57.19. Over the past 10 years, this metric has ranged from a low of 48.41 to a high of 60.12. The Construction industry median Days Payable is 76.79. Kyowanissei Co's value of 44.50 is 42% below this industry median. Based on the distribution chart, Kyowanissei Co ranks #1237 out of 1710 companies in the Construction industry, which is below the industry midpoint. Overall, Kyowanissei Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyowanissei Co's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Kyowanissei Co ranks #1237 out of 1710 companies for Days Payable. This places Kyowanissei Co in the lower half of its industry. The industry median Days Payable is 76.79. Kyowanissei Co's value of 44.50 is 42% below this benchmark. Historically, Kyowanissei Co's own Days Payable has ranged from 48.41 to 60.12 over the past decade. While the company's 10-year median is 57.19 vs. the industry median of 76.79, Kyowanissei 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 76.79, based on 1,710 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. Kyowanissei Co's current Days Payable of 44.50 is 42% 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 Kyowanissei Co and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowanissei Co's current Days Payable is 44.50, which is 22% below median its own 10-year median of 57.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowanissei Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowanissei Co (TSE:1981) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,645.78, compared to a current price of 円1,308.00 — trading 20.5% below its estimated fair value. The current Days Payable is 44.50, which is 22% below median its 10-year median of 57.19 and 42% below the Construction industry median of 76.79. Kyowanissei Co's overall GF Score™ is 62/100 with 2 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 Kyowanissei Co (TSE:1981), the current Days Payable is 44.50 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 Kyowanissei Co (TSE:1981) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowanissei Co stock appears to be undervalued. The current stock price of 円1,308.00 is trading 20.5% below its estimated GF Value™ of 円1,645.78. GuruFocus considers Kyowanissei Co to be Modestly Undervalued.

Key valuation signals for TSE:1981:

  • Days Payable: 44.50 (22% below median its 10-year median of 57.19)
  • GF Value™: 円1,645.78 vs. price of 円1,308.00 (20.5% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 42% below the Construction median (#1237 of 1710)

No single metric tells the full story. See the TSE:1981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyowanissei Co Business Description

Address 3-8-5, Irifune Chuo-Ku, Tokyo, JPN, 104-0042
Kyowanissei Co Ltd is engaged in the construction business in Japan. It constructs gas facilities & apartment buildings & plant facilities It also provides maintenance, repair & installation services for sanitary equipment & air conditioning equipment. Its gasworks includes interior and underground piping work; construction and facility work include construction work, water supply, and drainage work, the air-conditioning system work and interior finishing work; electrical facility and civil engineering work include underground burial of electric cables work, engineering work, as well as water and sewerage work. Its segments include: Construction facilities business; Gas equipment business; Gas pipeline business; and Electrical installation/civil engineering business.
62GF Score

Get the complete analysis for TSE:1981

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

円1,308.00
Price
円1,645.78
GF Value