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WatahanTSE:3199 +0.15%64 Days Payable is 26.03 as of Mar. 2026, which is 60% below its 10-year median of 64.28. GuruFocus rates TSE:3199 with a GF Score™ of 64/100 and a GF Value™ of 円1,660.77 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,105 Retail - Cyclical companies, Watahan ranks worse than 76.65% on this metric.
Watahan's average Accounts Payable for the
six
months ended in Mar. 2026 was 円7,926 Mil. Watahan's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円55,577 Mil.
Hence, Watahan's Days Payable for the
six
months ended in Mar. 2026 was 26.03.
The historical rank and industry rank for Watahan's Days Payable or its related term are showing as below:
TSE:3199'
s Days Payable Range Over the Past 10 Years
Min: 28.68 Med: 64.28 Max: 91.08
Current: 28.68
During the past 13 years, Watahan's highest Days Payable was 91.08. The lowest was 28.68. And the median was 64.28.
TSE:3199's Days Payable is ranked worse than 76.65% of 1105
companies
in the Retail - Cyclical industry
Industry Median: 51.29
vs TSE:3199: 28.68
Watahan's Days Payable
declined
from Mar. 2025 (30.95) to Mar. 2026 (26.03).
It may suggest that Watahanaccelerated paying its suppliers.
Watahan Days Payable Related Terms
Watahan Days Payable Historical Data
* Premium members only.
The historical data trend for Watahan'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.
For the Home Improvement Retail subindustry, Watahan'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.
Watahan Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Watahan's Days Payable distribution charts can be found below:
* The bar in red indicates where Watahan'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.
Watahan'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.
Watahan (TSE:3199) has a Days Payable of 26.03 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 Watahan and its competitors. This is 60% below median its historical median of 64.28. Over the past decade, Watahan's Days Payable has ranged from 28.68 to 91.08. According to the industry distribution chart, Watahan ranks #847 out of 1105 companies in the Retail - Cyclical industry, placing it in the top 76.7%.
Is Watahan's Days Payable too high?
Watahan's current Days Payable of 26.03 is 60% below median its 10-year median of 64.28. Over the past 10 years, this metric has ranged from a low of 28.68 to a high of 91.08. The Retail - Cyclical industry median Days Payable is 51.29. Watahan's value of 26.03 is 49.2% below this industry median. Based on the distribution chart, Watahan ranks #847 out of 1105 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Watahan has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Watahan's Days Payable compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Watahan ranks #847 out of 1105 companies for Days Payable. This places Watahan in the lower half of its industry. The industry median Days Payable is 51.29. Watahan's value of 26.03 is 49.2% below this benchmark. Historically, Watahan's own Days Payable has ranged from 28.68 to 91.08 over the past decade. While the company's 10-year median is 64.28 vs. the industry median of 51.29, Watahan 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 51.29, based on 1,105 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. Watahan's current Days Payable of 26.03 is 49.2% 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 Watahan and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watahan's current Days Payable is 26.03, which is 60% below median its own 10-year median of 64.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watahan stock overvalued right now?
Based on GuruFocus' analysis, Watahan (TSE:3199) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,660.77, compared to a current price of 円1,352.00 — trading 18.6% below its estimated fair value. The current Days Payable is 26.03, which is 60% below median its 10-year median of 64.28 and 49.2% below the Retail - Cyclical industry median of 51.29. Watahan's overall GF Score™ is 64/100 with 3 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 Watahan (TSE:3199), the current Days Payable is 26.03 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 Watahan (TSE:3199) Overvalued in 2026?
Based on GuruFocus' analysis, Watahan stock appears to be undervalued.
The current stock price of 円1,352.00 is trading 18.6% below its estimated GF Value™ of 円1,660.77.
GuruFocus considers Watahan to be Modestly Undervalued.
Key valuation signals for TSE:3199:
Days Payable: 26.03 (60% below median its 10-year median of 64.28)
GF Value™: 円1,660.77 vs. price of 円1,352.00 (18.6% below fair value)
Industry Position: 49.2% below the Retail - Cyclical median (#847 of 1105)
No single metric tells the full story. See the TSE:3199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Watahan & Co Ltd engages in the retail, construction, and trading businesses in Japan. The company operates home improvement supercenters. It is also involved in the construction design, operation, maintenance, and management activities; civil engineering operations; construction of landscaping and facades; sales and rental of construction materials, nursing care; operation of parking lots; and parked vehicle management activities. In addition, it provides consultancy services related to building construction, maintenance, management, and renovation activities; and manufactures and constructs steel buildings and bridge frames, as well as earthquake-resistant bridges.
64GF Score
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