Banners Co (TSE:3011) Days Payable: 30.28 (As of Mar. 2026) — Near Median

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TSE:3011 Banners Co Ltd TSE:3011
72 GF Score
Price 円146.00
GF Value 円163.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Banners Co Days Payable?

Banners Co TSE:3011 72 Days Payable is 30.28 as of Mar. 2026, which is 6% below its 10-year median of 32.28. GuruFocus rates TSE:3011 with a GF Score™ of 72/100 and a GF Value™ of 円163.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Banners Co ranks worse than 83.78% on this metric.

Banners Co's average Accounts Payable for the six months ended in Mar. 2026 was 円413 Mil. Banners Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円2,487 Mil. Hence, Banners Co's Days Payable for the six months ended in Mar. 2026 was 30.28.

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

TSE:3011' s Days Payable Range Over the Past 10 Years
Min: 16.84   Med: 32.28   Max: 37.41
Current: 33.24

During the past 13 years, Banners Co's highest Days Payable was 37.41. The lowest was 16.84. And the median was 32.28.

TSE:3011's Days Payable is ranked worse than
83.78% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs TSE:3011: 33.24

Banners Co's Days Payable increased from Mar. 2025 (25.76) to Mar. 2026 (30.28). It may suggest that Banners Co delayed paying its suppliers.


Banners Co Days Payable Historical Data

* Premium members only.

The historical data trend for Banners 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.

Banners Co Days Payable Chart

Banners 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 32.52 27.61 27.29 26.62 33.58

Banners Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 28.38 28.90 25.76 36.83 30.28

TSE:3011 vs CVNA, PAG, ALTB: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Banners 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.


Banners Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banners Co's Days Payable distribution charts can be found below:

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


TSE:3011
72GF Score
Banners Co Ltd TSE:3011
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banners 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.

Banners 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
=( (356.779 + 439.239) / 2 ) / 4326.697*365
=398.009 / 4326.697*365
=33.58

Banners 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (385.918 + 439.239) / 2 ) / 2486.707*365 / 2
=412.5785 / 2486.707*365 / 2
=30.28

* 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 30.28 mean?
Banners Co (TSE:3011) has a Days Payable of 30.28 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 Banners Co and its competitors. This is near median its historical median of 32.28. Over the past decade, Banners Co's Days Payable has ranged from 16.84 to 37.41. According to the industry distribution chart, Banners Co ranks #1095 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 83.8%.
Is Banners Co's Days Payable too high?
Banners Co's current Days Payable of 30.28 is near median its 10-year median of 32.28. Over the past 10 years, this metric has ranged from a low of 16.84 to a high of 37.41. The Vehicles & Parts industry median Days Payable is 67.12. Banners Co's value of 30.28 is 54.9% below this industry median. Based on the distribution chart, Banners Co ranks #1095 out of 1307 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Banners Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banners Co's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Banners Co ranks #1095 out of 1307 companies for Days Payable. This places Banners Co in the lower half of its industry. The industry median Days Payable is 67.12. Banners Co's value of 30.28 is 54.9% below this benchmark. Historically, Banners Co's own Days Payable has ranged from 16.84 to 37.41 over the past decade. While the company's 10-year median is 32.28 vs. the industry median of 67.12, Banners 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,307 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. Banners Co's current Days Payable of 30.28 is 54.9% 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 Banners Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banners Co's current Days Payable is 30.28, which is near median its own 10-year median of 32.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banners Co stock overvalued right now?
Based on GuruFocus' analysis, Banners Co (TSE:3011) is currently considered Modestly Undervalued. The stock's GF Value™ is 円163.28, compared to a current price of 円146.00 — trading 10.6% below its estimated fair value. The current Days Payable is 30.28, which is near median its 10-year median of 32.28 and 54.9% below the Vehicles & Parts industry median of 67.12. Banners Co's overall GF Score™ is 72/100 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 Banners Co (TSE:3011), the current Days Payable is 30.28 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 Banners Co (TSE:3011) Overvalued in 2026?

Based on GuruFocus' analysis, Banners Co stock appears to be undervalued. The current stock price of 円146.00 is trading 10.6% below its estimated GF Value™ of 円163.28. GuruFocus considers Banners Co to be Modestly Undervalued.

Key valuation signals for TSE:3011:

  • Days Payable: 30.28 (near median its 10-year median of 32.28)
  • GF Value™: 円163.28 vs. price of 円146.00 (10.6% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 54.9% below the Vehicles & Parts median (#1095 of 1307)

No single metric tells the full story. See the TSE:3011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banners Co Business Description

Address 102 Ishihara 1-chome, Kumagaya-shi, Saitama, JPN, 3600816
Banners Co Ltd is a Japan-based company. The company operates its business activities in three divisions including real estate utilization business, automobile sales business and musical instrument sales business. In the real estate utilization business, the company mainly rent tenants. In the automobile sales business, it sells Honda Vehicles and non-life insurance. In the musical instrument sales business, it imports and sells oboe and bathoons as a specialty store of double reed musical instruments. It also provides maintenance and after-sales services.
72GF Score

Get the complete analysis for TSE:3011

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

円146.00
Price
円163.28
GF Value