ZEAL Associate (TSE:329A) Days Payable: 58.14 (As of Feb. 2026) — 33% Below Median

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TSE:329A ZEAL Associate Corp TSE:329A
16 GF Score
Price 円211.60
! 3 Warning Signs
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What is ZEAL Associate Days Payable?

ZEAL Associate TSE:329A 16 Days Payable is 58.14 as of Feb. 2026, which is 33% below its 10-year median of 86.57. GuruFocus rates TSE:329A with a GF Score™ of 16/100. The stock has 3 warning signs investors should review.

ZEAL Associate's average Accounts Payable for the six months ended in Feb. 2026 was 円363 Mil. ZEAL Associate's Cost of Goods Sold for the six months ended in Feb. 2026 was 円1,140 Mil. Hence, ZEAL Associate's Days Payable for the six months ended in Feb. 2026 was 58.14.

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

TSE:329A' s Days Payable Range Over the Past 10 Years
Min: 57.43   Med: 86.57   Max: 112.47
Current: 57.43

During the past 3 years, ZEAL Associate's highest Days Payable was 112.47. The lowest was 57.43. And the median was 86.57.

TSE:329A's Days Payable is not ranked
in the Conglomerates industry.
Industry Median: 56.04 vs TSE:329A: 57.43

ZEAL Associate's Days Payable declined from Feb. 2025 (84.35) to Feb. 2026 (58.14). It may suggest that ZEAL Associate accelerated paying its suppliers.


ZEAL Associate Days Payable Historical Data

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The historical data trend for ZEAL Associate'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.

ZEAL Associate Days Payable Chart

ZEAL Associate Annual Data
Trend Aug23 Aug24 Aug25
Days Payable
112.47 86.57 83.17

ZEAL Associate Semi-Annual Data
Aug23 Aug24 Feb25 Aug25 Feb26
Days Payable 0.00 0.00 84.35 63.13 58.14

TSE:329A vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, ZEAL Associate'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.


ZEAL Associate Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, ZEAL Associate's Days Payable distribution charts can be found below:

* The bar in red indicates where ZEAL Associate's Days Payable falls into.


TSE:329A
16GF Score
ZEAL Associate Corp TSE:329A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ZEAL Associate 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.

ZEAL Associate's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (465.444 + 430.709) / 2 ) / 1966.485*365
=448.0765 / 1966.485*365
=83.17

ZEAL Associate's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (430.709 + 295.612) / 2 ) / 1139.957*365 / 2
=363.1605 / 1139.957*365 / 2
=58.14

* 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 58.14 mean?
ZEAL Associate (TSE:329A) has a Days Payable of 58.14 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ZEAL Associate and its competitors. This is 33% below median its historical median of 86.57. Over the past decade, ZEAL Associate's Days Payable has ranged from 57.43 to 112.47.
Is ZEAL Associate's Days Payable too high?
ZEAL Associate's current Days Payable of 58.14 is 33% below median its 10-year median of 86.57. Over the past 10 years, this metric has ranged from a low of 57.43 to a high of 112.47. The Conglomerates industry median Days Payable is 56.04. ZEAL Associate's value of 58.14 is 3.7% above this industry median. Overall, ZEAL Associate has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Associate's Days Payable compare to HON and MMM?
ZEAL Associate's Days Payable of 58.14 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 56.04. ZEAL Associate's value of 58.14 is 3.7% above this benchmark. Historically, ZEAL Associate's own Days Payable has ranged from 57.43 to 112.47 over the past decade. While the company's 10-year median is 86.57 vs. the industry median of 56.04, ZEAL Associate has consistently been above 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.04, based on 509 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. ZEAL Associate's current Days Payable of 58.14 is 3.7% above 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 ZEAL Associate and its competitors. For the Conglomerates industry, the median Days Payable is 56.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Associate's current Days Payable is 58.14, which is 33% below median its own 10-year median of 86.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Associate stock overvalued right now?
ZEAL Associate (TSE:329A) has a current Days Payable of 58.14. The current Days Payable is 58.14, which is 33% below median its 10-year median of 86.57 and 3.7% above the Conglomerates industry median of 56.04. ZEAL Associate's overall GF Score™ is 16/100 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 ZEAL Associate (TSE:329A), the current Days Payable is 58.14 as of Feb. 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.

ZEAL Associate Business Description

Address 1-19-7 Ginza, JRE Ginza 1chome East Building 8th Floor, Chuo-ku, Tokyo, JPN, 104-0061
ZEAL Associate Corp is engaged in design business focusing on event management and space creation, Entertainment Space, Interior Space etc.
16GF Score

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円211.60
Price