ChoeiTSE:2993 -0.05%64 Days Payable is 12.65 as of Mar. 2026, which is 8% below its 10-year median of 13.74. GuruFocus rates TSE:2993 with a GF Score™ of 64/100 and a GF Value™ of 円2,469.59 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,568 Real Estate companies, Choei ranks worse than 91.58% on this metric.
Choei's average Accounts Payable for the
six
months ended in Mar. 2026 was 円269 Mil. Choei's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円3,876 Mil.
Hence, Choei's Days Payable for the
six
months ended in Mar. 2026 was 12.65.
The historical rank and industry rank for Choei's Days Payable or its related term are showing as below:
TSE:2993'
s Days Payable Range Over the Past 10 Years
Min: 12.71 Med: 13.74 Max: 15.71
Current: 12.78
During the past 7 years, Choei's highest Days Payable was 15.71. The lowest was 12.71. And the median was 13.74.
TSE:2993's Days Payable is ranked worse than 91.58% of 1568
companies
in the Real Estate industry
Industry Median: 94.205
vs TSE:2993: 12.78
Choei's Days Payable
increased
from Mar. 2025 (11.51) to Mar. 2026 (12.65).
It may suggest that Choeidelayed paying its suppliers.
Choei Days Payable Related Terms
Choei Days Payable Historical Data
* Premium members only.
The historical data trend for Choei'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.
TSE:2993 vs CBRE, BEKE, JLL: Days Payable Comparison
For the Real Estate Services subindustry, Choei'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.
Choei Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Choei's Days Payable distribution charts can be found below:
* The bar in red indicates where Choei'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.
Choei'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.
Choei (TSE:2993) has a Days Payable of 12.65 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 Choei and its competitors. This is near median its historical median of 13.74. Over the past decade, Choei's Days Payable has ranged from 12.71 to 15.71. According to the industry distribution chart, Choei ranks #1436 out of 1568 companies in the Real Estate industry, placing it in the top 91.6%.
Is Choei's Days Payable too high?
Choei's current Days Payable of 12.65 is near median its 10-year median of 13.74. Over the past 10 years, this metric has ranged from a low of 12.71 to a high of 15.71. The Real Estate industry median Days Payable is 94.21. Choei's value of 12.65 is 86.6% below this industry median. Based on the distribution chart, Choei ranks #1436 out of 1568 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Choei has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choei's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Choei ranks #1436 out of 1568 companies for Days Payable. This places Choei in the lower half of its industry. The industry median Days Payable is 94.21. Choei's value of 12.65 is 86.6% below this benchmark. Historically, Choei's own Days Payable has ranged from 12.71 to 15.71 over the past decade. While the company's 10-year median is 13.74 vs. the industry median of 94.21, Choei 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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. Choei's current Days Payable of 12.65 is 86.6% 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 Choei and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choei's current Days Payable is 12.65, which is near median its own 10-year median of 13.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choei stock overvalued right now?
Based on GuruFocus' analysis, Choei (TSE:2993) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,469.59, compared to a current price of 円2,185.00 — trading 11.5% below its estimated fair value. The current Days Payable is 12.65, which is near median its 10-year median of 13.74 and 86.6% below the Real Estate industry median of 94.21. Choei's overall GF Score™ is 64/100 with 6 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 Choei (TSE:2993), the current Days Payable is 12.65 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 Choei (TSE:2993) Overvalued in 2026?
Based on GuruFocus' analysis, Choei stock appears to be undervalued.
The current stock price of 円2,185.00 is trading 11.5% below its estimated GF Value™ of 円2,469.59.
GuruFocus considers Choei to be Modestly Undervalued.
Key valuation signals for TSE:2993:
Days Payable: 12.65 (near median its 10-year median of 13.74)
GF Value™: 円2,469.59 vs. price of 円2,185.00 (11.5% below fair value)
Industry Position: 86.6% below the Real Estate median (#1436 of 1568)
No single metric tells the full story. See the TSE:2993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choei Inc is engaged in the real estate management and real estate rental businesses. The real estate management business provides necessary services for rental property management, such as building maintenance, renovation work, and rental brokerage (leasing), in addition to tenant management, and the real estate rental business mainly handles the rental of its properties and subleased properties. The company's reportable segments are Property Rental Business, which generates the maximum revenue, and the Property Management Business.
64GF Score
Get the complete analysis for TSE:2993
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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