Joyful Honda Co (TSE:3191) Days Payable: 38.18 (As of Mar. 2026) — 32% Above Median

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TSE:3191 Joyful Honda Co Ltd TSE:3191
67 GF Score
Price 円2,298.00
GF Value 円2,247.83
Valuation Fairly Valued
! 5 Warning Signs
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What is Joyful Honda Co Days Payable?

Joyful Honda Co TSE:3191 -0.43% 67 Days Payable is 38.18 as of Mar. 2026, which is 32% above its 10-year median of 28.91. GuruFocus rates TSE:3191 with a GF Score™ of 67/100 and a GF Value™ of 円2,247.83 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,108 Retail - Cyclical companies, Joyful Honda Co ranks worse than 69.95% on this metric.

Joyful Honda Co's average Accounts Payable for the three months ended in Mar. 2026 was 円9,200 Mil. Joyful Honda Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円21,989 Mil. Hence, Joyful Honda Co's Days Payable for the three months ended in Mar. 2026 was 38.18.

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

TSE:3191' s Days Payable Range Over the Past 10 Years
Min: 26.04   Med: 28.91   Max: 33.11
Current: 33.11

During the past 13 years, Joyful Honda Co's highest Days Payable was 33.11. The lowest was 26.04. And the median was 28.91.

TSE:3191's Days Payable is ranked worse than
69.95% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 50.645 vs TSE:3191: 33.11

Joyful Honda Co's Days Payable increased from Mar. 2025 (35.58) to Mar. 2026 (38.18). It may suggest that Joyful Honda Co delayed paying its suppliers.


Joyful Honda Co Days Payable Historical Data

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The historical data trend for Joyful Honda 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.

Joyful Honda Co Days Payable Chart

Joyful Honda Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.20 28.36 29.06 29.76 30.33

Joyful Honda Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.76 30.83 36.59 38.18 30.13

TSE:3191 vs HD, LOW, FND: Days Payable Comparison

For the Home Improvement Retail subindustry, Joyful Honda 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.


Joyful Honda Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Joyful Honda Co's Days Payable distribution charts can be found below:

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


TSE:3191
67GF Score
Joyful Honda Co Ltd TSE:3191
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Joyful Honda 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.

Joyful Honda 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
=( (7114 + 8014) / 2 ) / 91032*365
=7564 / 91032*365
=30.33

Joyful Honda 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
=( (9846 + 8553) / 2 ) / 21989*365 / 4
=9199.5 / 21989*365 / 4
=38.18

* 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 38.18 mean?
Joyful Honda Co (TSE:3191) has a Days Payable of 38.18 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 Joyful Honda Co and its competitors. This is 32% above median its historical median of 28.91. Over the past decade, Joyful Honda Co's Days Payable has ranged from 26.04 to 33.11. According to the industry distribution chart, Joyful Honda Co ranks #775 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 69.9%.
Is Joyful Honda Co's Days Payable too high?
Joyful Honda Co's current Days Payable of 38.18 is 32% above median its 10-year median of 28.91. Over the past 10 years, this metric has ranged from a low of 26.04 to a high of 33.11. The Retail - Cyclical industry median Days Payable is 50.65. Joyful Honda Co's value of 38.18 is 24.6% below this industry median. Based on the distribution chart, Joyful Honda Co ranks #775 out of 1108 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Joyful Honda Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Joyful Honda Co's Days Payable compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Joyful Honda Co ranks #775 out of 1108 companies for Days Payable. This places Joyful Honda Co in the lower half of its industry. The industry median Days Payable is 50.65. Joyful Honda Co's value of 38.18 is 24.6% below this benchmark. Historically, Joyful Honda Co's own Days Payable has ranged from 26.04 to 33.11 over the past decade. While the company's 10-year median is 28.91 vs. the industry median of 50.65, Joyful Honda 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.65, based on 1,108 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. Joyful Honda Co's current Days Payable of 38.18 is 24.6% 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 Joyful Honda Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joyful Honda Co's current Days Payable is 38.18, which is 32% above median its own 10-year median of 28.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joyful Honda Co stock overvalued right now?
Based on GuruFocus' analysis, Joyful Honda Co (TSE:3191) is currently considered Fairly Valued. The stock's GF Value™ is 円2,247.83, compared to a current price of 円2,298.00 — trading 2.2% above its estimated fair value. The current Days Payable is 38.18, which is 32% above median its 10-year median of 28.91 and 24.6% below the Retail - Cyclical industry median of 50.65. Joyful Honda Co's overall GF Score™ is 67/100 with 5 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 Joyful Honda Co (TSE:3191), the current Days Payable is 38.18 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 Joyful Honda Co (TSE:3191) Overvalued in 2026?

Based on GuruFocus' analysis, Joyful Honda Co stock appears to be overvalued. The current stock price of 円2,298.00 is trading 2.2% above its estimated GF Value™ of 円2,247.83. GuruFocus considers Joyful Honda Co to be Fairly Valued.

Key valuation signals for TSE:3191:

  • Days Payable: 38.18 (32% above median its 10-year median of 28.91)
  • GF Value™: 円2,247.83 vs. price of 円2,298.00 (2.2% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 24.6% below the Retail - Cyclical median (#775 of 1108)

No single metric tells the full story. See the TSE:3191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joyful Honda Co Business Description

Address 1-16-2 Fujisaki, Ibaraki Prefecture, Tsuchiura, JPN, 300-0813
Joyful Honda Co Ltd is engaged in the home center retail business. Its business operations are grouped into four divisions: Home Center, Garden Center, Pet Center and Exterior Center. Home Centers supplies timber, building materials, paint, tools, hardware, worker essentials, electrical fittings and other materials for home renovation projects. Garden Centers provides an extensive range of flower seedlings, vegetable seedlings, plants, mulch and other soil for horticulture, fertilizers, plant pots and other gardening supplies. Pet Center offers pet-related products, including pet food, cages, and toys. Exterior Centers provide services from sales to construction.
67GF Score

Get the complete analysis for TSE:3191

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

円2,298.00
Price
円2,247.83
GF Value