Kewpie (TSE:2809) Days Payable: 41.51 (As of May. 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:2809 Kewpie Corp TSE:2809
82 GF Score
Price 円4,470.00
GF Value 円3,749.81
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kewpie Days Payable?

Kewpie TSE:2809 +2.05% 82 Days Payable is 41.51 as of May. 2026, which is 1% above its 10-year median of 41.27. GuruFocus rates TSE:2809 with a GF Score™ of 82/100 and a GF Value™ of 円3,749.81 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,889 Consumer Packaged Goods companies, Kewpie ranks worse than 50.19% on this metric.

Kewpie's average Accounts Payable for the three months ended in May. 2026 was 円42,871 Mil. Kewpie's Cost of Goods Sold for the three months ended in May. 2026 was 円94,234 Mil. Hence, Kewpie's Days Payable for the three months ended in May. 2026 was 41.51.

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

TSE:2809' s Days Payable Range Over the Past 10 Years
Min: 36.41   Med: 41.27   Max: 45.07
Current: 43.93

During the past 13 years, Kewpie's highest Days Payable was 45.07. The lowest was 36.41. And the median was 41.27.

TSE:2809's Days Payable is ranked worse than
50.19% of 1889 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs TSE:2809: 43.93

Kewpie's Days Payable increased from May. 2025 (38.01) to May. 2026 (41.51). It may suggest that Kewpie delayed paying its suppliers.


Kewpie Days Payable Historical Data

* Premium members only.

The historical data trend for Kewpie'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.

Kewpie Days Payable Chart

Kewpie Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.07 36.41 36.45 42.44 45.03

Kewpie Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 38.01 44.33 45.49 44.75 41.51

TSE:2809 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Kewpie'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.


Kewpie Days Payable vs Consumer Packaged Goods Industry

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

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


TSE:2809
82GF Score
Kewpie Corp TSE:2809
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kewpie 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.

Kewpie's Days Payable for the fiscal year that ended in Nov. 2025 is calculated as

Days Payable (A: Nov. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2024 ) + Accounts Payable (A: Nov. 2025 )) / count ) / Cost of Goods Sold (A: Nov. 2025 )*Days in Period
=( (44777 + 44660) / 2 ) / 362490*365
=44718.5 / 362490*365
=45.03

Kewpie's Days Payable for the quarter that ended in May. 2026 is calculated as:

Days Payable (Q: May. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2026 ) + Accounts Payable (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (41486 + 44255) / 2 ) / 94234*365 / 4
=42870.5 / 94234*365 / 4
=41.51

* 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 41.51 mean?
Kewpie (TSE:2809) has a Days Payable of 41.51 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kewpie and its competitors. This is near median its historical median of 41.27. Over the past decade, Kewpie's Days Payable has ranged from 36.41 to 45.07. According to the industry distribution chart, Kewpie ranks #948 out of 1889 companies in the Consumer Packaged Goods industry, placing it in the top 50.2%.
Is Kewpie's Days Payable too high?
Kewpie's current Days Payable of 41.51 is near median its 10-year median of 41.27. Over the past 10 years, this metric has ranged from a low of 36.41 to a high of 45.07. The Consumer Packaged Goods industry median Days Payable is 44.15. Kewpie's value of 41.51 is 6% below this industry median. Based on the distribution chart, Kewpie ranks #948 out of 1889 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Kewpie has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kewpie's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kewpie ranks #948 out of 1889 companies for Days Payable. This places Kewpie in the lower half of its industry. The industry median Days Payable is 44.15. Kewpie's value of 41.51 is 6% below this benchmark. Historically, Kewpie's own Days Payable has ranged from 36.41 to 45.07 over the past decade. While the company's 10-year median is 41.27 vs. the industry median of 44.15, Kewpie 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 1,889 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. Kewpie's current Days Payable of 41.51 is 6% 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 Kewpie 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. Kewpie's current Days Payable is 41.51, which is near median its own 10-year median of 41.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kewpie stock overvalued right now?
Based on GuruFocus' analysis, Kewpie (TSE:2809) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,749.81, compared to a current price of 円4,470.00 — trading 19.2% above its estimated fair value. The current Days Payable is 41.51, which is near median its 10-year median of 41.27 and 6% below the Consumer Packaged Goods industry median of 44.15. Kewpie's overall GF Score™ is 82/100 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 Kewpie (TSE:2809), the current Days Payable is 41.51 as of May. 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 Kewpie (TSE:2809) Overvalued in 2026?

Based on GuruFocus' analysis, Kewpie stock appears to be overvalued. The current stock price of 円4,470.00 is trading 19.2% above its estimated GF Value™ of 円3,749.81. GuruFocus considers Kewpie to be Modestly Overvalued.

Key valuation signals for TSE:2809:

  • Days Payable: 41.51 (near median its 10-year median of 41.27)
  • GF Value™: 円3,749.81 vs. price of 円4,470.00 (19.2% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 6% below the Consumer Packaged Goods median (#948 of 1889)

No single metric tells the full story. See the TSE:2809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kewpie Business Description

Other Exchanges QPJ:Germany
Address 1-4-13 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
Kewpie Corp is a Japanese packaged-food company. The company operates through six segments. The Common segment handles shared operations such as food manufacturing machinery and general food products. The Fine Chemicals segment produces ingredients like hyaluronic acid and egg yolk lecithin for pharmaceuticals, cosmetics, and food applications. The For Business Use and For Commercial Use segments manufacture and sell mayonnaise, dressings, pasta sauces, egg products, and salads for household and institutional markets. The Fruit Solutions segment offers jams and processed fruit products for home and industrial use, while the Overseas segment manufactures and sells food products such as mayonnaise and dressings in markets across Asia, North America, and other regions.
82GF Score

Get the complete analysis for TSE:2809

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

円4,470.00
Price
円3,749.81
GF Value