Alfresa Holdings (TSE:2784) Days Payable: 126.08 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2784 Alfresa Holdings Corp TSE:2784
83 GF Score
Price 円2,414.00
GF Value 円2,542.44
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Alfresa Holdings Days Payable?

Alfresa Holdings TSE:2784 +0.21% 83 Days Payable is 126.08 as of Mar. 2026, which is 9% above its 10-year median of 115.78. GuruFocus rates TSE:2784 with a GF Score™ of 83/100 and a GF Value™ of 円2,542.44 (Fairly Valued). The stock has 1 warning sign investors should review. Among 117 Medical Distribution companies, Alfresa Holdings ranks better than 76.92% on this metric.

Alfresa Holdings's average Accounts Payable for the three months ended in Mar. 2026 was 円950,913 Mil. Alfresa Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was 円688,228 Mil. Hence, Alfresa Holdings's Days Payable for the three months ended in Mar. 2026 was 126.08.

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

TSE:2784' s Days Payable Range Over the Past 10 Years
Min: 108.57   Med: 115.78   Max: 122.11
Current: 114.3

During the past 13 years, Alfresa Holdings's highest Days Payable was 122.11. The lowest was 108.57. And the median was 115.78.

TSE:2784's Days Payable is ranked better than
76.92% of 117 companies
in the Medical Distribution industry
Industry Median: 79.11 vs TSE:2784: 114.30

Alfresa Holdings's Days Payable declined from Mar. 2025 (128.42) to Mar. 2026 (126.08). It may suggest that Alfresa Holdings accelerated paying its suppliers.


Alfresa Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Alfresa Holdings'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.

Alfresa Holdings Days Payable Chart

Alfresa Holdings 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 114.84 111.92 112.55 112.29 108.57

Alfresa Holdings 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 128.42 110.90 113.29 113.20 126.08

TSE:2784 vs MCK, COR, CAH: Days Payable Comparison

For the Medical Distribution subindustry, Alfresa Holdings'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.


Alfresa Holdings Days Payable vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Alfresa Holdings's Days Payable distribution charts can be found below:

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


TSE:2784
83GF Score
Alfresa Holdings Corp TSE:2784
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alfresa Holdings 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.

Alfresa Holdings'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
=( (834925 + 882025) / 2 ) / 2886184*365
=858475 / 2886184*365
=108.57

Alfresa Holdings'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
=( (1019801 + 882025) / 2 ) / 688228*365 / 4
=950913 / 688228*365 / 4
=126.08

* 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 126.08 mean?
Alfresa Holdings (TSE:2784) has a Days Payable of 126.08 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 Alfresa Holdings and its competitors. This is near median its historical median of 115.78. Over the past decade, Alfresa Holdings' Days Payable has ranged from 108.57 to 122.11. According to the industry distribution chart, Alfresa Holdings ranks #27 out of 117 companies in the Medical Distribution industry, placing it in the top 23.1%.
Is Alfresa Holdings' Days Payable too high?
Alfresa Holdings' current Days Payable of 126.08 is near median its 10-year median of 115.78. Over the past 10 years, this metric has ranged from a low of 108.57 to a high of 122.11. The Medical Distribution industry median Days Payable is 79.11. Alfresa Holdings' value of 126.08 is 59.4% above this industry median. Based on the distribution chart, Alfresa Holdings ranks #27 out of 117 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Alfresa Holdings has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alfresa Holdings' Days Payable compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Alfresa Holdings ranks #27 out of 117 companies for Days Payable. This places Alfresa Holdings in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 79.11. Alfresa Holdings' value of 126.08 is 59.4% above this benchmark. Historically, Alfresa Holdings' own Days Payable has ranged from 108.57 to 122.11 over the past decade. While the company's 10-year median is 115.78 vs. the industry median of 79.11, Alfresa Holdings has consistently been above 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 Medical Distribution company?
The median Days Payable among Medical Distribution companies is 79.11, based on 117 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. Alfresa Holdings's current Days Payable of 126.08 is 59.4% above 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 Alfresa Holdings and its competitors. For the Medical Distribution industry, the median Days Payable is 79.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfresa Holdings's current Days Payable is 126.08, which is near median its own 10-year median of 115.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfresa Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alfresa Holdings (TSE:2784) is currently considered Fairly Valued. The stock's GF Value™ is 円2,542.44, compared to a current price of 円2,414.00 — trading 5.1% below its estimated fair value. The current Days Payable is 126.08, which is near median its 10-year median of 115.78 and 59.4% above the Medical Distribution industry median of 79.11. Alfresa Holdings' overall GF Score™ is 83/100 with 1 warning sign 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 Alfresa Holdings (TSE:2784), the current Days Payable is 126.08 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 Alfresa Holdings (TSE:2784) Overvalued in 2026?

Based on GuruFocus' analysis, Alfresa Holdings stock appears to be undervalued. The current stock price of 円2,414.00 is trading 5.1% below its estimated GF Value™ of 円2,542.44. GuruFocus considers Alfresa Holdings to be Fairly Valued.

Key valuation signals for TSE:2784:

  • Days Payable: 126.08 (near median its 10-year median of 115.78)
  • GF Value™: 円2,542.44 vs. price of 円2,414.00 (5.1% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 59.4% above the Medical Distribution median (#27 of 117)

No single metric tells the full story. See the TSE:2784 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alfresa Holdings Business Description

Other Exchanges ALFRY:USA
Address 1-1-3 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Alfresa Holdings Corp is engaged in the pharmaceutical distribution and related businesses. The company operates through four reportable segments: Wholesale business of medical drugs, Self-Medication Wholesale Business, Pharmaceutical Manufacturing Business, and Medical-Related Business. Its operations include the wholesale of ethical and over-the-counter pharmaceuticals, the manufacture and sale of pharmaceuticals, medical testing reagents, and medical equipment, as well as the operation of dispensing pharmacies.
83GF Score

Get the complete analysis for TSE:2784

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

円2,414.00
Price
円2,542.44
GF Value