Ekitan (TSE:3646) Days Payable: 25.61 (As of Mar. 2026) — 24% Below Median

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TSE:3646 Ekitan & Co Ltd TSE:3646
69 GF Score
Price 円335.00
GF Value 円311.19
Valuation Fairly Valued
! 5 Warning Signs
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What is Ekitan Days Payable?

Ekitan TSE:3646 +0.60% 69 Days Payable is 25.61 as of Mar. 2026, which is 24% below its 10-year median of 33.69. GuruFocus rates TSE:3646 with a GF Score™ of 69/100 and a GF Value™ of 円311.19 (Fairly Valued). The stock has 5 warning signs investors should review. Among 430 Interactive Media companies, Ekitan ranks worse than 75.12% on this metric.

Ekitan's average Accounts Payable for the six months ended in Mar. 2026 was 円144 Mil. Ekitan's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,026 Mil. Hence, Ekitan's Days Payable for the six months ended in Mar. 2026 was 25.61.

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

TSE:3646' s Days Payable Range Over the Past 10 Years
Min: 21.2   Med: 33.69   Max: 78.88
Current: 27.17

During the past 13 years, Ekitan's highest Days Payable was 78.88. The lowest was 21.20. And the median was 33.69.

TSE:3646's Days Payable is ranked worse than
75.12% of 430 companies
in the Interactive Media industry
Industry Median: 65.595 vs TSE:3646: 27.17

Ekitan's Days Payable declined from Mar. 2025 (28.62) to Mar. 2026 (25.61). It may suggest that Ekitan accelerated paying its suppliers.


Ekitan Days Payable Historical Data

* Premium members only.

The historical data trend for Ekitan'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.

Ekitan Days Payable Chart

Ekitan 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 21.20 33.54 30.51 31.35 28.70

Ekitan Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 26.62 30.61 28.62 27.21 25.61

TSE:3646 vs GOOGL, META, SPOT: Days Payable Comparison

For the Internet Content & Information subindustry, Ekitan'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.


Ekitan Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Ekitan's Days Payable distribution charts can be found below:

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


TSE:3646
69GF Score
Ekitan & Co Ltd TSE:3646
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ekitan 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.

Ekitan'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
=( (171.314 + 152.002) / 2 ) / 2056.196*365
=161.658 / 2056.196*365
=28.70

Ekitan'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
=( (135.939 + 152.002) / 2 ) / 1025.942*365 / 2
=143.9705 / 1025.942*365 / 2
=25.61

* 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 25.61 mean?
Ekitan (TSE:3646) has a Days Payable of 25.61 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 Ekitan and its competitors. This is 24% below median its historical median of 33.69. Over the past decade, Ekitan's Days Payable has ranged from 21.20 to 78.88. According to the industry distribution chart, Ekitan ranks #323 out of 430 companies in the Interactive Media industry, placing it in the top 75.1%.
Is Ekitan's Days Payable too high?
Ekitan's current Days Payable of 25.61 is 24% below median its 10-year median of 33.69. Over the past 10 years, this metric has ranged from a low of 21.20 to a high of 78.88. The Interactive Media industry median Days Payable is 65.60. Ekitan's value of 25.61 is 61% below this industry median. Based on the distribution chart, Ekitan ranks #323 out of 430 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Ekitan has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ekitan's Days Payable compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Ekitan ranks #323 out of 430 companies for Days Payable. This places Ekitan in the lower half of its industry. The industry median Days Payable is 65.60. Ekitan's value of 25.61 is 61% below this benchmark. Historically, Ekitan's own Days Payable has ranged from 21.20 to 78.88 over the past decade. While the company's 10-year median is 33.69 vs. the industry median of 65.60, Ekitan 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.60, based on 430 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. Ekitan's current Days Payable of 25.61 is 61% 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 Ekitan and its competitors. For the Interactive Media industry, the median Days Payable is 65.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ekitan's current Days Payable is 25.61, which is 24% below median its own 10-year median of 33.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ekitan stock overvalued right now?
Based on GuruFocus' analysis, Ekitan (TSE:3646) is currently considered Fairly Valued. The stock's GF Value™ is 円311.19, compared to a current price of 円335.00 — trading 7.7% above its estimated fair value. The current Days Payable is 25.61, which is 24% below median its 10-year median of 33.69 and 61% below the Interactive Media industry median of 65.60. Ekitan's overall GF Score™ is 69/100 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 Ekitan (TSE:3646), the current Days Payable is 25.61 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 Ekitan (TSE:3646) Overvalued in 2026?

Based on GuruFocus' analysis, Ekitan stock appears to be overvalued. The current stock price of 円335.00 is trading 7.7% above its estimated GF Value™ of 円311.19. GuruFocus considers Ekitan to be Fairly Valued.

Key valuation signals for TSE:3646:

  • Days Payable: 25.61 (24% below median its 10-year median of 33.69)
  • GF Value™: 円311.19 vs. price of 円335.00 (7.7% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 61% below the Interactive Media median (#323 of 430)

No single metric tells the full story. See the TSE:3646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ekitan Business Description

Address 5-4 Kojimachi, JPR Kojimachi Building, Chiyoda-ku, Tokyo, JPN, 102-0083
Ekitan & Co Ltd is engaged in providing information services using the Internet in Japan. It offers information on railway, bus, and airplane timings and fares; transfer guide services; and member promotion services in the areas of movies, karaoke, travel, accommodation, amusement parks, and fitness. The company also provides application service provider services for corporate customers and advertising services.
69GF Score

Get the complete analysis for TSE:3646

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

円335.00
Price
円311.19
GF Value