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Watts CoTSE:2735 +1.50%61 Days Payable is 37.93 as of Feb. 2026, which is 18% below its 10-year median of 46.33. GuruFocus rates TSE:2735 with a GF Score™ of 61/100 and a GF Value™ of 円689.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 305 Retail - Defensive companies, Watts Co ranks worse than 52.46% on this metric.
Watts Co's average Accounts Payable for the
three
months ended in Feb. 2026 was 円4,053 Mil. Watts Co's Cost of Goods Sold for the
three
months ended in Feb. 2026 was 円9,750 Mil.
Hence, Watts Co's Days Payable for the
three
months ended in Feb. 2026 was 37.93.
The historical rank and industry rank for Watts Co's Days Payable or its related term are showing as below:
TSE:2735'
s Days Payable Range Over the Past 10 Years
Min: 35.73 Med: 46.33 Max: 77.05
Current: 41.51
During the past 13 years, Watts Co's highest Days Payable was 77.05. The lowest was 35.73. And the median was 46.33.
TSE:2735's Days Payable is ranked worse than 52.46% of 305
companies
in the Retail - Defensive industry
Industry Median: 43.57
vs TSE:2735: 41.51
Watts Co's Days Payable
declined
from Feb. 2025 (46.65) to Feb. 2026 (37.93).
It may suggest that Watts Coaccelerated paying its suppliers.
Watts Co Days Payable Related Terms
Watts Co Days Payable Historical Data
* Premium members only.
The historical data trend for Watts 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.
For the Grocery Stores subindustry, Watts 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.
Watts Co Days Payable vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Watts Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Watts Co's Days Payable falls into.
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.
Watts Co's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as
* 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.
Watts Co (TSE:2735) has a Days Payable of 37.93 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Watts Co and its competitors. This is 18% below median its historical median of 46.33. Over the past decade, Watts Co's Days Payable has ranged from 35.73 to 77.05. According to the industry distribution chart, Watts Co ranks #160 out of 305 companies in the Retail - Defensive industry, placing it in the top 52.5%.
Is Watts Co's Days Payable too high?
Watts Co's current Days Payable of 37.93 is 18% below median its 10-year median of 46.33. Over the past 10 years, this metric has ranged from a low of 35.73 to a high of 77.05. The Retail - Defensive industry median Days Payable is 43.57. Watts Co's value of 37.93 is 12.9% below this industry median. Based on the distribution chart, Watts Co ranks #160 out of 305 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Watts Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Watts Co's Days Payable compare to KR?
According to the Retail - Defensive industry distribution chart, Watts Co ranks #160 out of 305 companies for Days Payable. This places Watts Co in the lower half of its industry. The industry median Days Payable is 43.57. Watts Co's value of 37.93 is 12.9% below this benchmark. Historically, Watts Co's own Days Payable has ranged from 35.73 to 77.05 over the past decade. While the company's 10-year median is 46.33 vs. the industry median of 43.57, Watts 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.57, based on 305 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. Watts Co's current Days Payable of 37.93 is 12.9% 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 Watts Co and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watts Co's current Days Payable is 37.93, which is 18% below median its own 10-year median of 46.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watts Co stock overvalued right now?
Based on GuruFocus' analysis, Watts Co (TSE:2735) is currently considered Fairly Valued. The stock's GF Value™ is 円689.31, compared to a current price of 円675.00 — trading 2.1% below its estimated fair value. The current Days Payable is 37.93, which is 18% below median its 10-year median of 46.33 and 12.9% below the Retail - Defensive industry median of 43.57. Watts Co's overall GF Score™ is 61/100 with 4 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 Watts Co (TSE:2735), the current Days Payable is 37.93 as of Feb. 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 Watts Co (TSE:2735) Overvalued in 2026?
Based on GuruFocus' analysis, Watts Co stock appears to be undervalued.
The current stock price of 円675.00 is trading 2.1% below its estimated GF Value™ of 円689.31.
GuruFocus considers Watts Co to be Fairly Valued.
Key valuation signals for TSE:2735:
Days Payable: 37.93 (18% below median its 10-year median of 46.33)
GF Value™: 円689.31 vs. price of 円675.00 (2.1% below fair value)
Industry Position: 12.9% below the Retail - Defensive median (#160 of 305)
No single metric tells the full story. See the TSE:2735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Watts Co Ltd is engaged in the wholesale of daily necessities, grocery and food products, and other goods. The company's product profile includes Sanitary goods, Cleaning sheet, Water supply equipment, Lunch supplies, and other related products.
61GF Score
Get the complete analysis for TSE:2735
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