Iwatsuka Confectionery Co (TSE:2221) Days Payable: 18.84 (As of Mar. 2026) — Near Median

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TSE:2221 Iwatsuka Confectionery Co Ltd TSE:2221
67 GF Score
Price 円3,060.00
GF Value 円3,281.51
Valuation Fairly Valued
! 6 Warning Signs
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What is Iwatsuka Confectionery Co Days Payable?

Iwatsuka Confectionery Co TSE:2221 -0.33% 67 Days Payable is 18.84 as of Mar. 2026, which is 4% below its 10-year median of 19.61. GuruFocus rates TSE:2221 with a GF Score™ of 67/100 and a GF Value™ of 円3,281.51 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,891 Consumer Packaged Goods companies, Iwatsuka Confectionery Co ranks worse than 85.03% on this metric.

Iwatsuka Confectionery Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,152 Mil. Iwatsuka Confectionery Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円11,152 Mil. Hence, Iwatsuka Confectionery Co's Days Payable for the six months ended in Mar. 2026 was 18.84.

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

TSE:2221' s Days Payable Range Over the Past 10 Years
Min: 17.03   Med: 19.61   Max: 22.29
Current: 19.59

During the past 13 years, Iwatsuka Confectionery Co's highest Days Payable was 22.29. The lowest was 17.03. And the median was 19.61.

TSE:2221's Days Payable is ranked worse than
85.03% of 1891 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs TSE:2221: 19.59

Iwatsuka Confectionery Co's Days Payable declined from Mar. 2025 (19.45) to Mar. 2026 (18.84). It may suggest that Iwatsuka Confectionery Co accelerated paying its suppliers.


Iwatsuka Confectionery Co Days Payable Historical Data

* Premium members only.

The historical data trend for Iwatsuka Confectionery 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.

Iwatsuka Confectionery Co Days Payable Chart

Iwatsuka Confectionery 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 18.64 20.57 22.29 21.86 21.63

Iwatsuka Confectionery 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 18.27 20.03 19.45 18.28 18.84

TSE:2221 vs MDLZ, HSY, TR: Days Payable Comparison

For the Confectioners subindustry, Iwatsuka Confectionery 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.


Iwatsuka Confectionery Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Iwatsuka Confectionery Co's Days Payable distribution charts can be found below:

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


TSE:2221
67GF Score
Iwatsuka Confectionery Co Ltd TSE:2221
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Iwatsuka Confectionery 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.

Iwatsuka Confectionery 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
=( (1162.375 + 1388.355) / 2 ) / 21522.682*365
=1275.365 / 21522.682*365
=21.63

Iwatsuka Confectionery 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
=( (914.823 + 1388.355) / 2 ) / 11152.455*365 / 2
=1151.589 / 11152.455*365 / 2
=18.84

* 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 18.84 mean?
Iwatsuka Confectionery Co (TSE:2221) has a Days Payable of 18.84 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 Iwatsuka Confectionery Co and its competitors. This is near median its historical median of 19.61. Over the past decade, Iwatsuka Confectionery Co's Days Payable has ranged from 17.03 to 22.29. According to the industry distribution chart, Iwatsuka Confectionery Co ranks #1608 out of 1891 companies in the Consumer Packaged Goods industry, placing it in the top 85%.
Is Iwatsuka Confectionery Co's Days Payable too high?
Iwatsuka Confectionery Co's current Days Payable of 18.84 is near median its 10-year median of 19.61. Over the past 10 years, this metric has ranged from a low of 17.03 to a high of 22.29. The Consumer Packaged Goods industry median Days Payable is 44.15. Iwatsuka Confectionery Co's value of 18.84 is 57.3% below this industry median. Based on the distribution chart, Iwatsuka Confectionery Co ranks #1608 out of 1891 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Iwatsuka Confectionery Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Iwatsuka Confectionery Co's Days Payable compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Iwatsuka Confectionery Co ranks #1608 out of 1891 companies for Days Payable. This places Iwatsuka Confectionery Co in the lower half of its industry. The industry median Days Payable is 44.15. Iwatsuka Confectionery Co's value of 18.84 is 57.3% below this benchmark. Historically, Iwatsuka Confectionery Co's own Days Payable has ranged from 17.03 to 22.29 over the past decade. While the company's 10-year median is 19.61 vs. the industry median of 44.15, Iwatsuka Confectionery 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,891 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. Iwatsuka Confectionery Co's current Days Payable of 18.84 is 57.3% 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 Iwatsuka Confectionery Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iwatsuka Confectionery Co's current Days Payable is 18.84, which is near median its own 10-year median of 19.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iwatsuka Confectionery Co stock overvalued right now?
Based on GuruFocus' analysis, Iwatsuka Confectionery Co (TSE:2221) is currently considered Fairly Valued. The stock's GF Value™ is 円3,281.51, compared to a current price of 円3,060.00 — trading 6.8% below its estimated fair value. The current Days Payable is 18.84, which is near median its 10-year median of 19.61 and 57.3% below the Consumer Packaged Goods industry median of 44.15. Iwatsuka Confectionery Co's overall GF Score™ is 67/100 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 Iwatsuka Confectionery Co (TSE:2221), the current Days Payable is 18.84 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 Iwatsuka Confectionery Co (TSE:2221) Overvalued in 2026?

Based on GuruFocus' analysis, Iwatsuka Confectionery Co stock appears to be undervalued. The current stock price of 円3,060.00 is trading 6.8% below its estimated GF Value™ of 円3,281.51. GuruFocus considers Iwatsuka Confectionery Co to be Fairly Valued.

Key valuation signals for TSE:2221:

  • Days Payable: 18.84 (near median its 10-year median of 19.61)
  • GF Value™: 円3,281.51 vs. price of 円3,060.00 (6.8% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 57.3% below the Consumer Packaged Goods median (#1608 of 1891)

No single metric tells the full story. See the TSE:2221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iwatsuka Confectionery Co Business Description

Address 9750 Ura, Niigata Prefecture, Nagaoka, JPN, 949-5492
Iwatsuka Confectionery Co Ltd manufactures and sells rice crackers. It a Japanese firm. Its products include black bean rice crackers, pinch black pepper shrimp, cake flour, wet rice crackers and rice crackers for babies.
67GF Score

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

円3,060.00
Price
円3,281.51
GF Value