Okamura Foods Co (TSE:2938) Days Payable: 18.22 (As of Mar. 2026) — Near Median

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TSE:2938 Okamura Foods Co Ltd TSE:2938
55 GF Score
Price 円1,282.00
GF Value 円1,013.55
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Okamura Foods Co Days Payable?

Okamura Foods Co TSE:2938 +0.31% 55 Days Payable is 18.22 as of Mar. 2026, which is 8% below its 10-year median of 19.81. GuruFocus rates TSE:2938 with a GF Score™ of 55/100 and a GF Value™ of 円1,013.55 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,897 Consumer Packaged Goods companies, Okamura Foods Co ranks worse than 76.28% on this metric.

Okamura Foods Co's average Accounts Payable for the three months ended in Mar. 2026 was 円1,550 Mil. Okamura Foods Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円7,764 Mil. Hence, Okamura Foods Co's Days Payable for the three months ended in Mar. 2026 was 18.22.

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

TSE:2938' s Days Payable Range Over the Past 10 Years
Min: 16.58   Med: 19.81   Max: 37.3
Current: 25.82

During the past 6 years, Okamura Foods Co's highest Days Payable was 37.30. The lowest was 16.58. And the median was 19.81.

TSE:2938's Days Payable is ranked worse than
76.28% of 1897 companies
in the Consumer Packaged Goods industry
Industry Median: 44.31 vs TSE:2938: 25.82

Okamura Foods Co's Days Payable declined from Mar. 2025 (19.64) to Mar. 2026 (18.22). It may suggest that Okamura Foods Co accelerated paying its suppliers.


Okamura Foods Co Days Payable Historical Data

* Premium members only.

The historical data trend for Okamura Foods 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.

Okamura Foods Co Days Payable Chart

Okamura Foods Co Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Days Payable
Get a 7-Day Free Trial 28.97 19.14 16.58 20.48 19.07

Okamura Foods Co Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 19.30 52.71 39.70 18.22 11.43

TSE:2938 vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Okamura Foods 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.


Okamura Foods Co Days Payable vs Consumer Packaged Goods Industry

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

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


TSE:2938
55GF Score
Okamura Foods Co Ltd TSE:2938
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Okamura Foods 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.

Okamura Foods Co's Days Payable for the fiscal year that ended in Jun. 2026 is calculated as

Days Payable (A: Jun. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2025 ) + Accounts Payable (A: Jun. 2026 )) / count ) / Cost of Goods Sold (A: Jun. 2026 )*Days in Period
=( (1823 + 1663) / 2 ) / 33356*365
=1743 / 33356*365
=19.07

Okamura Foods 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
=( (1935 + 1165) / 2 ) / 7764*365 / 4
=1550 / 7764*365 / 4
=18.22

* 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 18.22 mean?
Okamura Foods Co (TSE:2938) has a Days Payable of 18.22 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 Okamura Foods Co and its competitors. This is near median its historical median of 19.81. Over the past decade, Okamura Foods Co's Days Payable has ranged from 16.58 to 37.30. According to the industry distribution chart, Okamura Foods Co ranks #1447 out of 1897 companies in the Consumer Packaged Goods industry, placing it in the top 76.3%.
Is Okamura Foods Co's Days Payable too high?
Okamura Foods Co's current Days Payable of 18.22 is near median its 10-year median of 19.81. Over the past 10 years, this metric has ranged from a low of 16.58 to a high of 37.30. The Consumer Packaged Goods industry median Days Payable is 44.31. Okamura Foods Co's value of 18.22 is 58.9% below this industry median. Based on the distribution chart, Okamura Foods Co ranks #1447 out of 1897 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Okamura Foods Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okamura Foods Co's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Okamura Foods Co ranks #1447 out of 1897 companies for Days Payable. This places Okamura Foods Co in the lower half of its industry. The industry median Days Payable is 44.31. Okamura Foods Co's value of 18.22 is 58.9% below this benchmark. Historically, Okamura Foods Co's own Days Payable has ranged from 16.58 to 37.30 over the past decade. While the company's 10-year median is 19.81 vs. the industry median of 44.31, Okamura Foods 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 44.31, based on 1,897 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. Okamura Foods Co's current Days Payable of 18.22 is 58.9% 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 Okamura Foods Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okamura Foods Co's current Days Payable is 18.22, which is near median its own 10-year median of 19.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okamura Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Okamura Foods Co (TSE:2938) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,013.55, compared to a current price of 円1,282.00 — trading 26.5% above its estimated fair value. The current Days Payable is 18.22, which is near median its 10-year median of 19.81 and 58.9% below the Consumer Packaged Goods industry median of 44.31. Okamura Foods Co's overall GF Score™ is 55/100 with 7 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 Okamura Foods Co (TSE:2938), the current Days Payable is 18.22 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 Okamura Foods Co (TSE:2938) Overvalued in 2026?

Based on GuruFocus' analysis, Okamura Foods Co stock appears to be overvalued. The current stock price of 円1,282.00 is trading 26.5% above its estimated GF Value™ of 円1,013.55. GuruFocus considers Okamura Foods Co to be Modestly Overvalued.

Key valuation signals for TSE:2938:

  • Days Payable: 18.22 (near median its 10-year median of 19.81)
  • GF Value™: 円1,013.55 vs. price of 円1,282.00 (26.5% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 58.9% below the Consumer Packaged Goods median (#1447 of 1897)

No single metric tells the full story. See the TSE:2938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okamura Foods Co Business Description

Address 1-6-11 Yaeda, Aomori Prefecture, Aomori, JPN, 030-0912
Okamura Foods Co Ltd is engaged in the business of aquaculture, Salmon farming, processing and sales of marine products, wholesale of marine products.
55GF Score

Get the complete analysis for TSE:2938

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

円1,282.00
Price
円1,013.55
GF Value