TOYOKOH (TSE:341A) Days Payable: 48.85 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:341A TOYOKOH Inc TSE:341A
9 GF Score
Price 円1,938.00
! 5 Warning Signs
View Full Analysis

What is TOYOKOH Days Payable?

TOYOKOH TSE:341A -1.12% 9 Days Payable is 48.85 as of Mar. 2026, which is 8% below its 10-year median of 53.36. GuruFocus rates TSE:341A with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 1,716 Construction companies, TOYOKOH ranks worse than 75.87% on this metric.

TOYOKOH's average Accounts Payable for the six months ended in Mar. 2026 was 円249 Mil. TOYOKOH's Cost of Goods Sold for the six months ended in Mar. 2026 was 円932 Mil. Hence, TOYOKOH's Days Payable for the six months ended in Mar. 2026 was 48.85.

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

TSE:341A' s Days Payable Range Over the Past 10 Years
Min: 44.76   Med: 53.36   Max: 59.76
Current: 44.76

During the past 4 years, TOYOKOH's highest Days Payable was 59.76. The lowest was 44.76. And the median was 53.36.

TSE:341A's Days Payable is ranked worse than
75.87% of 1716 companies
in the Construction industry
Industry Median: 76.5 vs TSE:341A: 44.76

TOYOKOH's Days Payable increased from Mar. 2025 (38.61) to Mar. 2026 (48.85). It may suggest that TOYOKOH delayed paying its suppliers.


TOYOKOH Days Payable Historical Data

* Premium members only.

The historical data trend for TOYOKOH'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.

TOYOKOH Days Payable Chart

TOYOKOH Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
59.76 54.72 45.38 52.00

TOYOKOH Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 36.22 38.61 33.17 48.85

TSE:341A vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, TOYOKOH'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.


TOYOKOH Days Payable vs Construction Industry

For the Construction industry and Industrials sector, TOYOKOH's Days Payable distribution charts can be found below:

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


TSE:341A
9GF Score
TOYOKOH Inc TSE:341A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOYOKOH 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.

TOYOKOH's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (175.47 + 346.828) / 2 ) / 1833.049*365
=261.149 / 1833.049*365
=52.00

TOYOKOH'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (152.048 + 346.828) / 2 ) / 931.932*365 / 2
=249.438 / 931.932*365 / 2
=48.85

* 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 48.85 mean?
TOYOKOH (TSE:341A) has a Days Payable of 48.85 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 TOYOKOH and its competitors. This is near median its historical median of 53.36. Over the past decade, TOYOKOH's Days Payable has ranged from 44.76 to 59.76. According to the industry distribution chart, TOYOKOH ranks #1302 out of 1716 companies in the Construction industry, placing it in the top 75.9%.
Is TOYOKOH's Days Payable too high?
TOYOKOH's current Days Payable of 48.85 is near median its 10-year median of 53.36. Over the past 10 years, this metric has ranged from a low of 44.76 to a high of 59.76. The Construction industry median Days Payable is 76.50. TOYOKOH's value of 48.85 is 36.1% below this industry median. Based on the distribution chart, TOYOKOH ranks #1302 out of 1716 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, TOYOKOH has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does TOYOKOH's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, TOYOKOH ranks #1302 out of 1716 companies for Days Payable. This places TOYOKOH in the lower half of its industry. The industry median Days Payable is 76.50. TOYOKOH's value of 48.85 is 36.1% below this benchmark. Historically, TOYOKOH's own Days Payable has ranged from 44.76 to 59.76 over the past decade. While the company's 10-year median is 53.36 vs. the industry median of 76.50, TOYOKOH 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 Construction company?
The median Days Payable among Construction companies is 76.50, based on 1,716 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. TOYOKOH's current Days Payable of 48.85 is 36.1% 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 TOYOKOH and its competitors. For the Construction industry, the median Days Payable is 76.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOYOKOH's current Days Payable is 48.85, which is near median its own 10-year median of 53.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOYOKOH stock overvalued right now?
TOYOKOH (TSE:341A) has a current Days Payable of 48.85. The current Days Payable is 48.85, which is near median its 10-year median of 53.36 and 36.1% below the Construction industry median of 76.50. TOYOKOH's overall GF Score™ is 9/100 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 TOYOKOH (TSE:341A), the current Days Payable is 48.85 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.

TOYOKOH Business Description

Address 39 Aoshimacho, Shizuoka, Fuji, JPN, 417-0047
TOYOKOH Inc is engaged in Manufacturing and sales business of CoolLaser, which removes rust, paint film, etc. from aging infrastructure using a laser. SOSEI project to revive a roof by spray coating three layers of special resin.
9GF Score

Get the complete analysis for TSE:341A

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

円1,938.00
Price