TOCALO Co (TSE:3433) Days Payable: 16.02 (As of Mar. 2026) — Near Median


TSE:3433 TOCALO Co Ltd TSE:3433
91 GF Score
Price 円3,305.00
GF Value 円2,218.43
Valuation Significantly Overvalued
! 6 Warning Signs
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What is TOCALO Co Days Payable?

TOCALO Co TSE:3433 +0.92% 91 Days Payable is 16.02 as of Mar. 2026, which is 8% below its 10-year median of 17.45. GuruFocus rates TSE:3433 with a GF Score™ of 91/100 and a GF Value™ of 円2,218.43 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 943 Business Services companies, TOCALO Co ranks worse than 81.23% on this metric.

TOCALO Co's average Accounts Payable for the three months ended in Mar. 2026 was 円1,631 Mil. TOCALO Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円9,290 Mil. Hence, TOCALO Co's Days Payable for the three months ended in Mar. 2026 was 16.02.

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

TSE:3433' s Days Payable Range Over the Past 10 Years
Min: 15.3   Med: 17.45   Max: 42.23
Current: 15.3

During the past 13 years, TOCALO Co's highest Days Payable was 42.23. The lowest was 15.30. And the median was 17.45.

TSE:3433's Days Payable is ranked worse than
81.23% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs TSE:3433: 15.30

TOCALO Co's Days Payable increased from Mar. 2025 (14.50) to Mar. 2026 (16.02). It may suggest that TOCALO Co delayed paying its suppliers.


TOCALO Co Days Payable Historical Data

* Premium members only.

The historical data trend for TOCALO Co'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.

TOCALO Co Days Payable Chart

TOCALO Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.37 16.73 17.37 15.85 15.80

TOCALO Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.50 14.02 15.01 15.63 16.02

TSE:3433 vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, TOCALO 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.


TOCALO Co Days Payable vs Business Services Industry

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

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


TSE:3433
91GF Score
TOCALO Co Ltd TSE:3433
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOCALO 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.

TOCALO Co'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
=( (1475 + 1634) / 2 ) / 35913*365
=1554.5 / 35913*365
=15.80

TOCALO Co'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1627 + 1634) / 2 ) / 9290*365 / 4
=1630.5 / 9290*365 / 4
=16.02

* 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 16.02 mean?
TOCALO Co (TSE:3433) has a Days Payable of 16.02 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 TOCALO Co and its competitors. This is near median its historical median of 17.45. Over the past decade, TOCALO Co's Days Payable has ranged from 15.30 to 42.23. According to the industry distribution chart, TOCALO Co ranks #766 out of 943 companies in the Business Services industry, placing it in the top 81.2%.
Is TOCALO Co's Days Payable too high?
TOCALO Co's current Days Payable of 16.02 is near median its 10-year median of 17.45. Over the past 10 years, this metric has ranged from a low of 15.30 to a high of 42.23. The Business Services industry median Days Payable is 46.92. TOCALO Co's value of 16.02 is 65.9% below this industry median. Based on the distribution chart, TOCALO Co ranks #766 out of 943 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, TOCALO Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOCALO Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, TOCALO Co ranks #766 out of 943 companies for Days Payable. This places TOCALO Co in the lower half of its industry. The industry median Days Payable is 46.92. TOCALO Co's value of 16.02 is 65.9% below this benchmark. Historically, TOCALO Co's own Days Payable has ranged from 15.30 to 42.23 over the past decade. While the company's 10-year median is 17.45 vs. the industry median of 46.92, TOCALO 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. TOCALO Co's current Days Payable of 16.02 is 65.9% 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 TOCALO Co and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOCALO Co's current Days Payable is 16.02, which is near median its own 10-year median of 17.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOCALO Co stock overvalued right now?
Based on GuruFocus' analysis, TOCALO Co (TSE:3433) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,218.43, compared to a current price of 円3,305.00 — trading 49% above its estimated fair value. The current Days Payable is 16.02, which is near median its 10-year median of 17.45 and 65.9% below the Business Services industry median of 46.92. TOCALO Co's overall GF Score™ is 91/100 with 6 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 TOCALO Co (TSE:3433), the current Days Payable is 16.02 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 TOCALO Co (TSE:3433) Overvalued in 2026?

Based on GuruFocus' analysis, TOCALO Co stock appears to be overvalued. The current stock price of 円3,305.00 is trading 49% above its estimated GF Value™ of 円2,218.43. GuruFocus considers TOCALO Co to be Significantly Overvalued.

Key valuation signals for TSE:3433:

  • Days Payable: 16.02 (near median its 10-year median of 17.45)
  • GF Value™: 円2,218.43 vs. price of 円3,305.00 (49% above fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 65.9% below the Business Services median (#766 of 943)

No single metric tells the full story. See the TSE:3433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOCALO Co Business Description

Address 4-13-4, Fukaekita-Machi, Higashinada-Ku, Kobe, JPN, 658-0013
TOCALO Co Ltd develops surface modifying technologies in Japan and internationally. The company produces various functional coatings through thermal spraying technology, including vacuum plasma, atmospheric plasma, electric arc, and high-velocity oxy-fuel spraying, as well as powder, rod, and wire flame spraying processes. It also provides peripheral surface technologies, such as WIN KOTE, CDC-ZAC, and Lite Force coatings; and TD, PTA, and PVD processes.
91GF Score

Get the complete analysis for TSE:3433

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

円3,305.00
Price
円2,218.43
GF Value