LeTech (TSE:3497) Days Payable: 5.41 (As of Jan. 2025)


TSE:3497 LeTech Corp TSE:3497
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What is LeTech Days Payable?

LeTech TSE:3497 9 Days Payable is 5.41 as of Jan. 2025. GuruFocus rates TSE:3497 with a GF Score™ of 9/100.

LeTech's average Accounts Payable for the six months ended in Jan. 2025 was 円229 Mil. LeTech's Cost of Goods Sold for the six months ended in Jan. 2025 was 円7,723 Mil. Hence, LeTech's Days Payable for the six months ended in Jan. 2025 was 5.41.

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

TSE:3497's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.38
* Ranked among companies with meaningful Days Payable only.

LeTech's Days Payable declined from Jan. 2024 (6.09) to Jan. 2025 (5.41). It may suggest that LeTech accelerated paying its suppliers.

LeTech Days Payable Historical Data

* Premium members only.

The historical data trend for LeTech'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.

LeTech Days Payable Chart

LeTech Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Days Payable
Get a 7-Day Free Trial Premium Member Only 6.54 7.16 2.79 5.63 6.44

LeTech Semi-Annual Data
Jul16 Jul17 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 4.58 5.40 6.09 11.93 5.41

TSE:3497 vs CBRE, CSGP, BEKE: Days Payable Comparison

For the Real Estate Services subindustry, LeTech'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.

LeTech Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, LeTech's Days Payable distribution charts can be found below:

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


TSE:3497
9GF Score
LeTech Corp TSE:3497
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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LeTech 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.

LeTech's Days Payable for the fiscal year that ended in Jul. 2024 is calculated as

Days Payable (A: Jul. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2023 ) + Accounts Payable (A: Jul. 2024 )) / count ) / Cost of Goods Sold (A: Jul. 2024 )*Days in Period
=( (182.161 + 221.852) / 2 ) / 11454.361*365
=202.0065 / 11454.361*365
=6.44

LeTech's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (221.852 + 235.71) / 2 ) / 7722.517*365 / 2
=228.781 / 7722.517*365 / 2
=5.41

* 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 5.41 mean?
LeTech (TSE:3497) has a Days Payable of 5.41 as of Jan. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on LeTech and its competitors.
Is LeTech's Days Payable too high?
LeTech's current Days Payable is 5.41. The Real Estate industry median Days Payable is 94.38. LeTech's value of 5.41 is 94.3% below this industry median. Overall, LeTech has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does LeTech's Days Payable compare to CBRE and CSGP?
LeTech's Days Payable of 5.41 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. LeTech's value of 5.41 is 94.3% below this benchmark. 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,569 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. LeTech's current Days Payable of 5.41 is 94.3% 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 LeTech and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LeTech's current Days Payable is 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LeTech stock overvalued right now?
LeTech (TSE:3497) has a current Days Payable of 5.41. The current Days Payable is 5.41 and 94.3% below the Real Estate industry median of 94.38. LeTech's overall GF Score™ is 9/100. 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 LeTech (TSE:3497), the current Days Payable is 5.41 as of Jan. 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.

LeTech Business Description

Address 3-3 Doyama-cho, 10th Floor, Nippon Life Umeda Building, Kita-ku, Osaka-shi, Osaka, JPN, 530-0027
LeTech Corp is engaged in the real estate solutions business, real estate leasing business, real estate consulting business, facility management business, and others.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,496.00
Price