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* 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:3238 vs CBRE, BEKE, JLL: Days Payable Comparison
For the Real Estate Services subindustry, Central General Development 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.
Central General Development Co Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Central General Development Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Central General Development Co's Days Payable falls into.
Central General Development 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.
* 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.
Central General Development Co (TSE:3238) has a Days Payable of 3.39 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 Central General Development Co and its competitors. This is 59% below median its historical median of 8.29. Over the past decade, Central General Development Co's Days Payable has ranged from 7.03 to 17.34. According to the industry distribution chart, Central General Development Co ranks #1492 out of 1572 companies in the Real Estate industry, placing it in the top 94.9%.
Is Central General Development Co's Days Payable too high?
Central General Development Co's current Days Payable of 3.39 is 59% below median its 10-year median of 8.29. Over the past 10 years, this metric has ranged from a low of 7.03 to a high of 17.34. The Real Estate industry median Days Payable is 93.66. Central General Development Co's value of 3.39 is 96.4% below this industry median. Based on the distribution chart, Central General Development Co ranks #1492 out of 1572 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Central General Development Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Central General Development Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Central General Development Co ranks #1492 out of 1572 companies for Days Payable. This places Central General Development Co in the lower half of its industry. The industry median Days Payable is 93.66. Central General Development Co's value of 3.39 is 96.4% below this benchmark. Historically, Central General Development Co's own Days Payable has ranged from 7.03 to 17.34 over the past decade. While the company's 10-year median is 8.29 vs. the industry median of 93.66, Central General Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 93.66, based on 1,572 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. Central General Development Co's current Days Payable of 3.39 is 96.4% 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 Central General Development Co and its competitors. For the Real Estate industry, the median Days Payable is 93.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central General Development Co's current Days Payable is 3.39, which is 59% below median its own 10-year median of 8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central General Development Co stock overvalued right now?
Based on GuruFocus' analysis, Central General Development Co (TSE:3238) is currently considered Possible Value Trap. The stock's GF Value™ is 円582.89, compared to a current price of 円371.00 — trading 36.4% below its estimated fair value. The current Days Payable is 3.39, which is 59% below median its 10-year median of 8.29 and 96.4% below the Real Estate industry median of 93.66. Central General Development Co's overall GF Score™ is 48/100 with 8 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 Central General Development Co (TSE:3238), the current Days Payable is 3.39 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 Central General Development Co (TSE:3238) Overvalued in 2026?
Based on GuruFocus' analysis, Central General Development Co stock appears to be undervalued.
The current stock price of 円371.00 is trading 36.4% below its estimated GF Value™ of 円582.89.
GuruFocus considers Central General Development Co to be Possible Value Trap.
Key valuation signals for TSE:3238:
Days Payable: 3.39 (59% below median its 10-year median of 8.29)
GF Value™: 円582.89 vs. price of 円371.00 (36.4% below fair value)
Industry Position: 96.4% below the Real Estate median (#1492 of 1572)
No single metric tells the full story. See the TSE:3238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central General Development Co Business Description
Central General Development Co Ltd is engaged in the real estate business in Japan. The company is involved in the management and operation of real estate-related businesses in Japan. It sells condominiums and provides after-sale services, such as inspection and repairs and leases buildings.
48GF Score
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