Alpha (TSE:3434) Days Payable: 46.18 (As of Mar. 2026) — Near Median


TSE:3434 Alpha Corp TSE:3434
67 GF Score
Price 円1,249.00
GF Value 円1,254.91
Valuation Fairly Valued
! 5 Warning Signs
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What is Alpha Days Payable?

Alpha TSE:3434 -0.08% 67 Days Payable is 46.18 as of Mar. 2026, which is 5% below its 10-year median of 48.60. GuruFocus rates TSE:3434 with a GF Score™ of 67/100 and a GF Value™ of 円1,254.91 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Alpha ranks worse than 68.38% on this metric.

Alpha's average Accounts Payable for the three months ended in Mar. 2026 was 円8,586 Mil. Alpha's Cost of Goods Sold for the three months ended in Mar. 2026 was 円16,964 Mil. Hence, Alpha's Days Payable for the three months ended in Mar. 2026 was 46.18.

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

TSE:3434' s Days Payable Range Over the Past 10 Years
Min: 37.45   Med: 48.6   Max: 55.53
Current: 46.89

During the past 13 years, Alpha's highest Days Payable was 55.53. The lowest was 37.45. And the median was 48.60.

TSE:3434's Days Payable is ranked worse than
68.38% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs TSE:3434: 46.89

Alpha's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (46.18). It may suggest that Alpha delayed paying its suppliers.


Alpha Days Payable Historical Data

* Premium members only.

The historical data trend for Alpha'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.

Alpha Days Payable Chart

Alpha 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 48.42 46.23 44.35 46.17 49.48

Alpha Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 47.81 44.92 46.09 46.18

TSE:3434 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Alpha'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.


Alpha Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Alpha's Days Payable distribution charts can be found below:

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


TSE:3434
67GF Score
Alpha Corp TSE:3434
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha 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.

Alpha'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
=( (8015 + 8792) / 2 ) / 61995*365
=8403.5 / 61995*365
=49.48

Alpha'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
=( (8380 + 8792) / 2 ) / 16964*365 / 4
=8586 / 16964*365 / 4
=46.18

* 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 46.18 mean?
Alpha (TSE:3434) has a Days Payable of 46.18 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 Alpha and its competitors. This is near median its historical median of 48.60. Over the past decade, Alpha's Days Payable has ranged from 37.45 to 55.53. According to the industry distribution chart, Alpha ranks #893 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 68.4%.
Is Alpha's Days Payable too high?
Alpha's current Days Payable of 46.18 is near median its 10-year median of 48.60. Over the past 10 years, this metric has ranged from a low of 37.45 to a high of 55.53. The Vehicles & Parts industry median Days Payable is 67.14. Alpha's value of 46.18 is 31.2% below this industry median. Based on the distribution chart, Alpha ranks #893 out of 1306 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Alpha has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpha's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Alpha ranks #893 out of 1306 companies for Days Payable. This places Alpha in the lower half of its industry. The industry median Days Payable is 67.14. Alpha's value of 46.18 is 31.2% below this benchmark. Historically, Alpha's own Days Payable has ranged from 37.45 to 55.53 over the past decade. While the company's 10-year median is 48.60 vs. the industry median of 67.14, Alpha 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 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. Alpha's current Days Payable of 46.18 is 31.2% 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 Alpha and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha's current Days Payable is 46.18, which is near median its own 10-year median of 48.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha stock overvalued right now?
Based on GuruFocus' analysis, Alpha (TSE:3434) is currently considered Fairly Valued. The stock's GF Value™ is 円1,254.91, compared to a current price of 円1,249.00 — trading 0.5% below its estimated fair value. The current Days Payable is 46.18, which is near median its 10-year median of 48.60 and 31.2% below the Vehicles & Parts industry median of 67.14. Alpha's overall GF Score™ is 67/100 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 Alpha (TSE:3434), the current Days Payable is 46.18 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 Alpha (TSE:3434) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha stock appears to be undervalued. The current stock price of 円1,249.00 is trading 0.5% below its estimated GF Value™ of 円1,254.91. GuruFocus considers Alpha to be Fairly Valued.

Key valuation signals for TSE:3434:

  • Days Payable: 46.18 (near median its 10-year median of 48.60)
  • GF Value™: 円1,254.91 vs. price of 円1,249.00 (0.5% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 31.2% below the Vehicles & Parts median (#893 of 1306)

No single metric tells the full story. See the TSE:3434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpha Business Description

Address 1-6-8 Fukuura Kanazawku, Yokohama, Kanagawa, JPN, 236-0004
Alpha Corp is a Japanese auto parts manufacturer. The company manufactures and sells automobile parts such as key sets and outside/inside handles. Alpha also produces other parts used in vehicles such as door locks, keyless entry products, padlock, and locker system for residential and industrial users. It operates Automobile Parts Business geographically through regions including Japan, North America, Asia, and Europe, while it also operates security equipment business through Japan and Overseas. It derives the majority of the revenue from Automobile Parts Business in Asia.
67GF Score

Get the complete analysis for TSE:3434

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

円1,249.00
Price
円1,254.91
GF Value