Zig-Zag (TSE:340A) Days Payable: 208.50 (As of Nov. 2025) — 19% Below Median


TSE:340A Zig-Zag Inc TSE:340A
20 GF Score
Price 円349.00
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What is Zig-Zag Days Payable?

Zig-Zag TSE:340A +1.16% 20 Days Payable is 208.50 as of Nov. 2025, which is 19% below its 10-year median of 258.57. GuruFocus rates TSE:340A with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 945 Business Services companies, Zig-Zag ranks better than 88.68% on this metric.

Zig-Zag's average Accounts Payable for the three months ended in Nov. 2025 was 円255 Mil. Zig-Zag's Cost of Goods Sold for the three months ended in Nov. 2025 was 円111 Mil. Hence, Zig-Zag's Days Payable for the three months ended in Nov. 2025 was 208.50.

The historical rank and industry rank for Zig-Zag's Days Payable or its related term are showing as below:

TSE:340A' s Days Payable Range Over the Past 10 Years
Min: 207.58   Med: 258.57   Max: 260.06
Current: 207.58

During the past 3 years, Zig-Zag's highest Days Payable was 260.06. The lowest was 207.58. And the median was 258.57.

TSE:340A's Days Payable is ranked better than
88.68% of 945 companies
in the Business Services industry
Industry Median: 46.11 vs TSE:340A: 207.58

Zig-Zag's Days Payable increased from Nov. 2024 (0.00) to Nov. 2025 (208.50). It may suggest that Zig-Zag delayed paying its suppliers.


Zig-Zag Days Payable Historical Data

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The historical data trend for Zig-Zag'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.

Zig-Zag Days Payable Chart

Zig-Zag Annual Data
Trend May23 May24 May25
Days Payable
260.06 258.57 226.17

Zig-Zag Quarterly Data
May23 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Days Payable Get a 7-Day Free Trial 228.38 202.21 201.67 208.50 216.10

TSE:340A vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Zig-Zag'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.


Zig-Zag Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Zig-Zag's Days Payable distribution charts can be found below:

* The bar in red indicates where Zig-Zag's Days Payable falls into.


TSE:340A
20GF Score
Zig-Zag Inc TSE:340A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zig-Zag 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.

Zig-Zag's Days Payable for the fiscal year that ended in May. 2025 is calculated as

Days Payable (A: May. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2024 ) + Accounts Payable (A: May. 2025 )) / count ) / Cost of Goods Sold (A: May. 2025 )*Days in Period
=( (297.791 + 264.838) / 2 ) / 454.001*365
=281.3145 / 454.001*365
=226.17

Zig-Zag's Days Payable for the quarter that ended in Nov. 2025 is calculated as:

Days Payable (Q: Nov. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Nov. 2025 )) / count ) / Cost of Goods Sold (Q: Nov. 2025 )*Days in Period
=( (230.247 + 278.84) / 2 ) / 111.399*365 / 4
=254.5435 / 111.399*365 / 4
=208.50

* 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 208.50 mean?
Zig-Zag (TSE:340A) has a Days Payable of 208.50 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zig-Zag and its competitors. This is 19% below median its historical median of 258.57. Over the past decade, Zig-Zag's Days Payable has ranged from 207.58 to 260.06. According to the industry distribution chart, Zig-Zag ranks #107 out of 945 companies in the Business Services industry, placing it in the top 11.3%.
Is Zig-Zag's Days Payable too high?
Zig-Zag's current Days Payable of 208.50 is 19% below median its 10-year median of 258.57. Over the past 10 years, this metric has ranged from a low of 207.58 to a high of 260.06. The Business Services industry median Days Payable is 46.11. Zig-Zag's value of 208.50 is 352.2% above this industry median. Based on the distribution chart, Zig-Zag ranks #107 out of 945 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Zig-Zag has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Zig-Zag's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Zig-Zag ranks #107 out of 945 companies for Days Payable. This places Zig-Zag in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 46.11. Zig-Zag's value of 208.50 is 352.2% above this benchmark. Historically, Zig-Zag's own Days Payable has ranged from 207.58 to 260.06 over the past decade. While the company's 10-year median is 258.57 vs. the industry median of 46.11, Zig-Zag 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. Zig-Zag's current Days Payable of 208.50 is 352.2% 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 Zig-Zag and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zig-Zag's current Days Payable is 208.50, which is 19% below median its own 10-year median of 258.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zig-Zag stock overvalued right now?
Zig-Zag (TSE:340A) has a current Days Payable of 208.50. The current Days Payable is 208.50, which is 19% below median its 10-year median of 258.57 and 352.2% above the Business Services industry median of 46.11. Zig-Zag's overall GF Score™ is 20/100 with 1 warning sign 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 Zig-Zag (TSE:340A), the current Days Payable is 208.50 as of Nov. 2025. 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.

Zig-Zag Business Description

Address 14-1 Sakuragaokacho, Hatchery Shibuya, Shibuya-ku, Tokyo, JPN, 150-0031
Zig-Zag Inc is engaged in provision of the purchasing agent service for overseas customers, WorldShopping, and the Cross-border EC support service for domestic EC-site, WorldShoppingBIZ.
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