Asulina CoTSE:3647 +4.62%49 Days Payable is 184.08 as of Feb. 2026, which is 638% above its 10-year median of 24.93. GuruFocus rates TSE:3647 with a GF Score™ of 49/100 and a GF Value™ of 円157.91 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Asulina Co ranks worse than 83.33% on this metric.
Asulina Co's average Accounts Payable for the
six
months ended in Feb. 2026 was 円37.5 Mil. Asulina Co's Cost of Goods Sold for the
six
months ended in Feb. 2026 was 円37.2 Mil.
Hence, Asulina Co's Days Payable for the
six
months ended in Feb. 2026 was 184.08.
The historical rank and industry rank for Asulina Co's Days Payable or its related term are showing as below:
TSE:3647'
s Days Payable Range Over the Past 10 Years
Min: 12.5 Med: 24.93 Max: 82.32
Current: 25.21
During the past 13 years, Asulina Co's highest Days Payable was 82.32. The lowest was 12.50. And the median was 24.93.
Asulina Co's Days Payable
increased
from Feb. 2025 (88.58) to Feb. 2026 (184.08).
It may suggest that Asulina Codelayed paying its suppliers.
Asulina Co Days Payable Related Terms
Asulina Co Days Payable Historical Data
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The historical data trend for Asulina 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.
For the Utilities - Renewable subindustry, Asulina 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.
Asulina Co Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Asulina Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Asulina Co's Days Payable falls into.
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.
Asulina Co's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as
* 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.
Asulina Co (TSE:3647) has a Days Payable of 184.08 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Asulina Co and its competitors. This is 638% above median its historical median of 24.93. Over the past decade, Asulina Co's Days Payable has ranged from 12.50 to 82.32. According to the industry distribution chart, Asulina Co ranks #325 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 83.3%.
Is Asulina Co's Days Payable too high?
Asulina Co's current Days Payable of 184.08 is 638% above median its 10-year median of 24.93. Over the past 10 years, this metric has ranged from a low of 12.50 to a high of 82.32. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Asulina Co's value of 184.08 is 130.4% above this industry median. Based on the distribution chart, Asulina Co ranks #325 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Asulina Co has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asulina Co's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Asulina Co ranks #325 out of 390 companies for Days Payable. This places Asulina Co in the lower half of its industry. The industry median Days Payable is 79.90. Asulina Co's value of 184.08 is 130.4% above this benchmark. Historically, Asulina Co's own Days Payable has ranged from 12.50 to 82.32 over the past decade. While the company's 10-year median is 24.93 vs. the industry median of 79.90, Asulina Co has consistently been above 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 Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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. Asulina Co's current Days Payable of 184.08 is 130.4% above 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 Asulina Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asulina Co's current Days Payable is 184.08, which is 638% above median its own 10-year median of 24.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asulina Co stock overvalued right now?
Based on GuruFocus' analysis, Asulina Co (TSE:3647) is currently considered Modestly Undervalued. The stock's GF Value™ is 円157.91, compared to a current price of 円136.00 — trading 13.9% below its estimated fair value. The current Days Payable is 184.08, which is 638% above median its 10-year median of 24.93 and 130.4% above the Utilities - Independent Power Producers industry median of 79.90. Asulina Co's overall GF Score™ is 49/100 with 3 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 Asulina Co (TSE:3647), the current Days Payable is 184.08 as of Feb. 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 Asulina Co (TSE:3647) Overvalued in 2026?
Based on GuruFocus' analysis, Asulina Co stock appears to be undervalued.
The current stock price of 円136.00 is trading 13.9% below its estimated GF Value™ of 円157.91.
GuruFocus considers Asulina Co to be Modestly Undervalued.
Key valuation signals for TSE:3647:
Days Payable: 184.08 (638% above median its 10-year median of 24.93)
GF Value™: 円157.91 vs. price of 円136.00 (13.9% below fair value)
Industry Position: 130.4% above the Utilities - Independent Power Producers median (#325 of 390)
No single metric tells the full story. See the TSE:3647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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