Bull-Doguce Co (TSE:2804) Days Payable: 54.75 (As of Mar. 2026) — 17% Below Median

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TSE:2804 Bull-Dog Sauce Co Ltd TSE:2804
66 GF Score
Price 円1,798.00
GF Value 円2,049.23
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bull-Doguce Co Days Payable?

Bull-Doguce Co TSE:2804 -0.17% 66 Days Payable is 54.75 as of Mar. 2026, which is 17% below its 10-year median of 65.91. GuruFocus rates TSE:2804 with a GF Score™ of 66/100 and a GF Value™ of 円2,049.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,889 Consumer Packaged Goods companies, Bull-Doguce Co ranks better than 61.3% on this metric.

Bull-Doguce Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,486 Mil. Bull-Doguce Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円4,953 Mil. Hence, Bull-Doguce Co's Days Payable for the six months ended in Mar. 2026 was 54.75.

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

TSE:2804' s Days Payable Range Over the Past 10 Years
Min: 55.8   Med: 65.91   Max: 75.35
Current: 55.8

During the past 13 years, Bull-Doguce Co's highest Days Payable was 75.35. The lowest was 55.80. And the median was 65.91.

TSE:2804's Days Payable is ranked better than
61.3% of 1889 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs TSE:2804: 55.80

Bull-Doguce Co's Days Payable declined from Mar. 2025 (56.29) to Mar. 2026 (54.75). It may suggest that Bull-Doguce Co accelerated paying its suppliers.


Bull-Doguce Co Days Payable Historical Data

* Premium members only.

The historical data trend for Bull-Doguce 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.

Bull-Doguce Co Days Payable Chart

Bull-Doguce 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 61.36 66.77 65.04 58.97 57.38

Bull-Doguce 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 57.82 56.35 56.29 55.28 54.75

TSE:2804 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Bull-Doguce 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.


Bull-Doguce Co Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Bull-Doguce Co's Days Payable falls into.


TSE:2804
66GF Score
Bull-Dog Sauce Co Ltd TSE:2804
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bull-Doguce 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.

Bull-Doguce 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
=( (1591.225 + 1536.517) / 2 ) / 9947.977*365
=1563.871 / 9947.977*365
=57.38

Bull-Doguce 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
=( (1435.07 + 1536.517) / 2 ) / 4952.51*365 / 2
=1485.7935 / 4952.51*365 / 2
=54.75

* 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 54.75 mean?
Bull-Doguce Co (TSE:2804) has a Days Payable of 54.75 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 Bull-Doguce Co and its competitors. This is 17% below median its historical median of 65.91. Over the past decade, Bull-Doguce Co's Days Payable has ranged from 55.80 to 75.35. According to the industry distribution chart, Bull-Doguce Co ranks #731 out of 1889 companies in the Consumer Packaged Goods industry, placing it in the top 38.7%.
Is Bull-Doguce Co's Days Payable too high?
Bull-Doguce Co's current Days Payable of 54.75 is 17% below median its 10-year median of 65.91. Over the past 10 years, this metric has ranged from a low of 55.80 to a high of 75.35. The Consumer Packaged Goods industry median Days Payable is 44.15. Bull-Doguce Co's value of 54.75 is 24% above this industry median. Based on the distribution chart, Bull-Doguce Co ranks #731 out of 1889 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Bull-Doguce Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bull-Doguce Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Bull-Doguce Co ranks #731 out of 1889 companies for Days Payable. This puts Bull-Doguce Co in the upper half of its industry. The industry median Days Payable is 44.15. Bull-Doguce Co's value of 54.75 is 24% above this benchmark. Historically, Bull-Doguce Co's own Days Payable has ranged from 55.80 to 75.35 over the past decade. While the company's 10-year median is 65.91 vs. the industry median of 44.15, Bull-Doguce Co 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,889 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. Bull-Doguce Co's current Days Payable of 54.75 is 24% 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 Bull-Doguce 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. Bull-Doguce Co's current Days Payable is 54.75, which is 17% below median its own 10-year median of 65.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bull-Doguce Co stock overvalued right now?
Based on GuruFocus' analysis, Bull-Doguce Co (TSE:2804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,049.23, compared to a current price of 円1,798.00 — trading 12.3% below its estimated fair value. The current Days Payable is 54.75, which is 17% below median its 10-year median of 65.91 and 24% above the Consumer Packaged Goods industry median of 44.15. Bull-Doguce Co's overall GF Score™ is 66/100 with 5 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 Bull-Doguce Co (TSE:2804), the current Days Payable is 54.75 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 Bull-Doguce Co (TSE:2804) Overvalued in 2026?

Based on GuruFocus' analysis, Bull-Doguce Co stock appears to be undervalued. The current stock price of 円1,798.00 is trading 12.3% below its estimated GF Value™ of 円2,049.23. GuruFocus considers Bull-Doguce Co to be Modestly Undervalued.

Key valuation signals for TSE:2804:

  • Days Payable: 54.75 (17% below median its 10-year median of 65.91)
  • GF Value™: 円2,049.23 vs. price of 円1,798.00 (12.3% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 24% above the Consumer Packaged Goods median (#731 of 1889)

No single metric tells the full story. See the TSE:2804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bull-Doguce Co Business Description

Address 11-5 Kabuto-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0026
Bull-Dog Sauce Co Ltd is engaged in the business to manufacture and sale sauces and other seasonings. The product line includes - Okonomiyaki sauce, Yakisoba sauce, Takoyaki sauce, and Cooking sauce.
66GF Score

Get the complete analysis for TSE:2804

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

円1,798.00
Price
円2,049.23
GF Value