Wedge Holdings Co (TSE:2388) Days Payable: 12.77 (As of Mar. 2026) — 37% Below Median

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TSE:2388 Wedge Holdings Co Ltd TSE:2388
38 GF Score
Price 円37.00
GF Value 円90.88
Valuation Possible Value Trap
! 6 Warning Signs
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What is Wedge Holdings Co Days Payable?

Wedge Holdings Co TSE:2388 +2.78% 38 Days Payable is 12.77 as of Mar. 2026, which is 37% below its 10-year median of 20.39. GuruFocus rates TSE:2388 with a GF Score™ of 38/100 and a GF Value™ of 円90.88 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 502 Conglomerates companies, Wedge Holdings Co ranks worse than 93.43% on this metric.

Wedge Holdings Co's average Accounts Payable for the three months ended in Mar. 2026 was 円28.1 Mil. Wedge Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円200.5 Mil. Hence, Wedge Holdings Co's Days Payable for the three months ended in Mar. 2026 was 12.77.

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

TSE:2388' s Days Payable Range Over the Past 10 Years
Min: 12.09   Med: 20.39   Max: 27.73
Current: 15.65

During the past 13 years, Wedge Holdings Co's highest Days Payable was 27.73. The lowest was 12.09. And the median was 20.39.

TSE:2388's Days Payable is ranked worse than
93.43% of 502 companies
in the Conglomerates industry
Industry Median: 56.11 vs TSE:2388: 15.65

Wedge Holdings Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (12.77). It may suggest that Wedge Holdings Co delayed paying its suppliers.


Wedge Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wedge Holdings 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.

Wedge Holdings Co Days Payable Chart

Wedge Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.06 21.44 21.53 20.07 15.79

Wedge Holdings Co 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 20.52 13.59 16.60 12.77

TSE:2388 vs MMM, HON: Days Payable Comparison

For the Conglomerates subindustry, Wedge Holdings 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.


Wedge Holdings Co Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wedge Holdings Co's Days Payable distribution charts can be found below:

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


TSE:2388
38GF Score
Wedge Holdings Co Ltd TSE:2388
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wedge Holdings 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.

Wedge Holdings Co's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (22.928 + 23.168) / 2 ) / 532.698*365
=23.048 / 532.698*365
=15.79

Wedge Holdings 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (28.264 + 27.873) / 2 ) / 200.532*365 / 4
=28.0685 / 200.532*365 / 4
=12.77

* 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 12.77 mean?
Wedge Holdings Co (TSE:2388) has a Days Payable of 12.77 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 Wedge Holdings Co and its competitors. This is 37% below median its historical median of 20.39. Over the past decade, Wedge Holdings Co's Days Payable has ranged from 12.09 to 27.73. According to the industry distribution chart, Wedge Holdings Co ranks #469 out of 502 companies in the Conglomerates industry, placing it in the top 93.4%.
Is Wedge Holdings Co's Days Payable too high?
Wedge Holdings Co's current Days Payable of 12.77 is 37% below median its 10-year median of 20.39. Over the past 10 years, this metric has ranged from a low of 12.09 to a high of 27.73. The Conglomerates industry median Days Payable is 56.11. Wedge Holdings Co's value of 12.77 is 77.2% below this industry median. Based on the distribution chart, Wedge Holdings Co ranks #469 out of 502 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Wedge Holdings Co has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wedge Holdings Co's Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, Wedge Holdings Co ranks #469 out of 502 companies for Days Payable. This places Wedge Holdings Co in the lower half of its industry. The industry median Days Payable is 56.11. Wedge Holdings Co's value of 12.77 is 77.2% below this benchmark. Historically, Wedge Holdings Co's own Days Payable has ranged from 12.09 to 27.73 over the past decade. While the company's 10-year median is 20.39 vs. the industry median of 56.11, Wedge Holdings 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.11, based on 502 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. Wedge Holdings Co's current Days Payable of 12.77 is 77.2% 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 Wedge Holdings Co and its competitors. For the Conglomerates industry, the median Days Payable is 56.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wedge Holdings Co's current Days Payable is 12.77, which is 37% below median its own 10-year median of 20.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wedge Holdings Co (TSE:2388) is currently considered Possible Value Trap. The stock's GF Value™ is 円90.88, compared to a current price of 円37.00 — trading 59.3% below its estimated fair value. The current Days Payable is 12.77, which is 37% below median its 10-year median of 20.39 and 77.2% below the Conglomerates industry median of 56.11. Wedge Holdings Co's overall GF Score™ is 38/100 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 Wedge Holdings Co (TSE:2388), the current Days Payable is 12.77 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 Wedge Holdings Co (TSE:2388) Overvalued in 2026?

Based on GuruFocus' analysis, Wedge Holdings Co stock appears to be undervalued. The current stock price of 円37.00 is trading 59.3% below its estimated GF Value™ of 円90.88. GuruFocus considers Wedge Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:2388:

  • Days Payable: 12.77 (37% below median its 10-year median of 20.39)
  • GF Value™: 円90.88 vs. price of 円37.00 (59.3% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 77.2% below the Conglomerates median (#469 of 502)

No single metric tells the full story. See the TSE:2388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wedge Holdings Co Business Description

Address 2-36-10 Minamisuna, Koyo Building, 3rd Floor, Koto-ku, Tokyo, JPN, 136-0076
Wedge Holdings Co Ltd through its subsidiaries is engaged in two core businesses which are Digital Finance business and Contents business. Contents business includes publishing, games, music and related media through multiple business units. It also produces audio & visual contents as well as DVD and related character products. Digital Finance business composed of motorcycle leasing activities.
38GF Score

Get the complete analysis for TSE:2388

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

円37.00
Price
円90.88
GF Value