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Natori CoTSE:2922 66 Days Payable is 42.12 as of Mar. 2026, which is 7% below its 10-year median of 45.06. GuruFocus rates TSE:2922 with a GF Score™ of 66/100 and a GF Value™ of 円2,120.49 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,890 Consumer Packaged Goods companies, Natori Co ranks worse than 51.85% on this metric.
Natori Co's average Accounts Payable for the
six
months ended in Mar. 2026 was 円4,384 Mil. Natori Co's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円18,993 Mil.
Hence, Natori Co's Days Payable for the
six
months ended in Mar. 2026 was 42.12.
The historical rank and industry rank for Natori Co's Days Payable or its related term are showing as below:
TSE:2922'
s Days Payable Range Over the Past 10 Years
Min: 39.24 Med: 45.06 Max: 59.52
Current: 42.68
During the past 13 years, Natori Co's highest Days Payable was 59.52. The lowest was 39.24. And the median was 45.06.
TSE:2922's Days Payable is ranked worse than 51.85% of 1890
companies
in the Consumer Packaged Goods industry
Industry Median: 44.145
vs TSE:2922: 42.68
Natori Co's Days Payable
declined
from Mar. 2025 (43.69) to Mar. 2026 (42.12).
It may suggest that Natori Coaccelerated paying its suppliers.
Natori Co Days Payable Related Terms
Natori Co Days Payable Historical Data
* Premium members only.
The historical data trend for Natori 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 Packaged Foods subindustry, Natori 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.
Natori Co Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Natori Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Natori 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.
Natori Co's Days Payable for the fiscal year that ended in Mar. 2026 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.
Natori Co (TSE:2922) has a Days Payable of 42.12 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 Natori Co and its competitors. This is near median its historical median of 45.06. Over the past decade, Natori Co's Days Payable has ranged from 39.24 to 59.52. According to the industry distribution chart, Natori Co ranks #980 out of 1890 companies in the Consumer Packaged Goods industry, placing it in the top 51.9%.
Is Natori Co's Days Payable too high?
Natori Co's current Days Payable of 42.12 is near median its 10-year median of 45.06. Over the past 10 years, this metric has ranged from a low of 39.24 to a high of 59.52. The Consumer Packaged Goods industry median Days Payable is 44.15. Natori Co's value of 42.12 is 4.6% below this industry median. Based on the distribution chart, Natori Co ranks #980 out of 1890 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Natori Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Natori Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Natori Co ranks #980 out of 1890 companies for Days Payable. This places Natori Co in the lower half of its industry. The industry median Days Payable is 44.15. Natori Co's value of 42.12 is 4.6% below this benchmark. Historically, Natori Co's own Days Payable has ranged from 39.24 to 59.52 over the past decade. While the company's 10-year median is 45.06 vs. the industry median of 44.15, Natori 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,890 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. Natori Co's current Days Payable of 42.12 is 4.6% 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 Natori 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. Natori Co's current Days Payable is 42.12, which is near median its own 10-year median of 45.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natori Co stock overvalued right now?
Based on GuruFocus' analysis, Natori Co (TSE:2922) is currently considered Fairly Valued. The stock's GF Value™ is 円2,120.49, compared to a current price of 円1,973.00 — trading 7% below its estimated fair value. The current Days Payable is 42.12, which is near median its 10-year median of 45.06 and 4.6% below the Consumer Packaged Goods industry median of 44.15. Natori Co's overall GF Score™ is 66/100 with 2 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 Natori Co (TSE:2922), the current Days Payable is 42.12 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 Natori Co (TSE:2922) Overvalued in 2026?
Based on GuruFocus' analysis, Natori Co stock appears to be undervalued.
The current stock price of 円1,973.00 is trading 7% below its estimated GF Value™ of 円2,120.49.
GuruFocus considers Natori Co to be Fairly Valued.
Key valuation signals for TSE:2922:
Days Payable: 42.12 (near median its 10-year median of 45.06)
GF Value™: 円2,120.49 vs. price of 円1,973.00 (7% below fair value)
Industry Position: 4.6% below the Consumer Packaged Goods median (#980 of 1890)
No single metric tells the full story. See the TSE:2922 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natori Co Ltd is engaged in manufacturing and selling of (various snack) food. The company's products include dried squids, dried scallops, cheese, salami, beef jerky, peanuts, and fried snacks.
66GF Score
Get the complete analysis for TSE:2922
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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