Ifujingyo Co (TSE:2924) Days Payable: 28.46 (As of Mar. 2026) — 34% Above Median

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TSE:2924 Ifuji Sangyo Co Ltd TSE:2924
83 GF Score
Price 円1,937.00
GF Value 円2,294.23
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ifujingyo Co Days Payable?

Ifujingyo Co TSE:2924 -1.32% 83 Days Payable is 28.46 as of Mar. 2026, which is 34% above its 10-year median of 21.30. GuruFocus rates TSE:2924 with a GF Score™ of 83/100 and a GF Value™ of 円2,294.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,888 Consumer Packaged Goods companies, Ifujingyo Co ranks worse than 86.02% on this metric.

Ifujingyo Co's average Accounts Payable for the three months ended in Mar. 2026 was 円2,004 Mil. Ifujingyo Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円6,426 Mil. Hence, Ifujingyo Co's Days Payable for the three months ended in Mar. 2026 was 28.46.

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

TSE:2924' s Days Payable Range Over the Past 10 Years
Min: 17.42   Med: 21.3   Max: 29
Current: 18.82

During the past 13 years, Ifujingyo Co's highest Days Payable was 29.00. The lowest was 17.42. And the median was 21.30.

TSE:2924's Days Payable is ranked worse than
86.02% of 1888 companies
in the Consumer Packaged Goods industry
Industry Median: 43.945 vs TSE:2924: 18.82

Ifujingyo Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (28.46). It may suggest that Ifujingyo Co delayed paying its suppliers.


Ifujingyo Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ifujingyo 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.

Ifujingyo Co Days Payable Chart

Ifujingyo 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 17.42 20.82 21.23 21.37 18.41

Ifujingyo Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 18.72 20.83 24.89 28.46

TSE:2924 vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Ifujingyo 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.


Ifujingyo Co Days Payable vs Consumer Packaged Goods Industry

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

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


TSE:2924
83GF Score
Ifuji Sangyo Co Ltd TSE:2924
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ifujingyo 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.

Ifujingyo 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
=( (1191 + 1499) / 2 ) / 26669*365
=1345 / 26669*365
=18.41

Ifujingyo 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2509 + 1499) / 2 ) / 6426*365 / 4
=2004 / 6426*365 / 4
=28.46

* 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 28.46 mean?
Ifujingyo Co (TSE:2924) has a Days Payable of 28.46 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 Ifujingyo Co and its competitors. This is 34% above median its historical median of 21.30. Over the past decade, Ifujingyo Co's Days Payable has ranged from 17.42 to 29.00. According to the industry distribution chart, Ifujingyo Co ranks #1624 out of 1888 companies in the Consumer Packaged Goods industry, placing it in the top 86%.
Is Ifujingyo Co's Days Payable too high?
Ifujingyo Co's current Days Payable of 28.46 is 34% above median its 10-year median of 21.30. Over the past 10 years, this metric has ranged from a low of 17.42 to a high of 29.00. The Consumer Packaged Goods industry median Days Payable is 43.95. Ifujingyo Co's value of 28.46 is 35.2% below this industry median. Based on the distribution chart, Ifujingyo Co ranks #1624 out of 1888 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Ifujingyo Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ifujingyo Co's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Ifujingyo Co ranks #1624 out of 1888 companies for Days Payable. This places Ifujingyo Co in the lower half of its industry. The industry median Days Payable is 43.95. Ifujingyo Co's value of 28.46 is 35.2% below this benchmark. Historically, Ifujingyo Co's own Days Payable has ranged from 17.42 to 29.00 over the past decade. While the company's 10-year median is 21.30 vs. the industry median of 43.95, Ifujingyo 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 43.95, based on 1,888 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. Ifujingyo Co's current Days Payable of 28.46 is 35.2% 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 Ifujingyo Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ifujingyo Co's current Days Payable is 28.46, which is 34% above median its own 10-year median of 21.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ifujingyo Co stock overvalued right now?
Based on GuruFocus' analysis, Ifujingyo Co (TSE:2924) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,294.23, compared to a current price of 円1,937.00 — trading 15.6% below its estimated fair value. The current Days Payable is 28.46, which is 34% above median its 10-year median of 21.30 and 35.2% below the Consumer Packaged Goods industry median of 43.95. Ifujingyo Co's overall GF Score™ is 83/100 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 Ifujingyo Co (TSE:2924), the current Days Payable is 28.46 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 Ifujingyo Co (TSE:2924) Overvalued in 2026?

Based on GuruFocus' analysis, Ifujingyo Co stock appears to be undervalued. The current stock price of 円1,937.00 is trading 15.6% below its estimated GF Value™ of 円2,294.23. GuruFocus considers Ifujingyo Co to be Modestly Undervalued.

Key valuation signals for TSE:2924:

  • Days Payable: 28.46 (34% above median its 10-year median of 21.30)
  • GF Value™: 円2,294.23 vs. price of 円1,937.00 (15.6% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 35.2% below the Consumer Packaged Goods median (#1624 of 1888)

No single metric tells the full story. See the TSE:2924 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ifujingyo Co Business Description

Address 200-1 Oaza Tobarra, Kasuya Town, Fukuoka, JPN, 811-2312
Ifuji Sangyo Co Ltd is a Japan-based company engages in the production and sale of eggs products. Its products line include frozen, boiled, and liquid eggs as well as pot-steamed hotchpotch and egg tofu.
83GF Score

Get the complete analysis for TSE:2924

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

円1,937.00
Price
円2,294.23
GF Value