Axelspace Holdings (TSE:402A) Days Payable: 56.06 (As of Feb. 2026) — 42% Above Median

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TSE:402A Axelspace Holdings Corp TSE:402A
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Price 円500.00
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What is Axelspace Holdings Days Payable?

Axelspace Holdings TSE:402A -5.12% 5 Days Payable is 56.06 as of Feb. 2026, which is 42% above its 10-year median of 39.38. GuruFocus rates TSE:402A with a GF Score™ of 5/100. The stock has 4 warning signs investors should review. Among 339 Aerospace & Defense companies, Axelspace Holdings ranks better than 54.57% on this metric.

Axelspace Holdings's average Accounts Payable for the three months ended in Feb. 2026 was 円217 Mil. Axelspace Holdings's Cost of Goods Sold for the three months ended in Feb. 2026 was 円354 Mil. Hence, Axelspace Holdings's Days Payable for the three months ended in Feb. 2026 was 56.06.

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

TSE:402A' s Days Payable Range Over the Past 10 Years
Min: 20.39   Med: 39.38   Max: 82.48
Current: 75.74

During the past 4 years, Axelspace Holdings's highest Days Payable was 82.48. The lowest was 20.39. And the median was 39.38.

TSE:402A's Days Payable is ranked better than
54.57% of 339 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs TSE:402A: 75.74

Axelspace Holdings's Days Payable declined from Feb. 2025 (82.90) to Feb. 2026 (56.06). It may suggest that Axelspace Holdings accelerated paying its suppliers.


Axelspace Holdings Days Payable Historical Data

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The historical data trend for Axelspace Holdings'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.

Axelspace Holdings Days Payable Chart

Axelspace Holdings Annual Data
Trend May23 May24 May25 May26
Days Payable
20.39 23.97 54.79 82.48

Axelspace Holdings Quarterly Data
May23 May24 Feb25 May25 Aug25 Nov25 Feb26 May26
Days Payable Get a 7-Day Free Trial 55.66 72.70 0.00 56.06 47.19

TSE:402A vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Axelspace Holdings'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.


Axelspace Holdings Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axelspace Holdings's Days Payable distribution charts can be found below:

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


TSE:402A
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Axelspace Holdings Corp TSE:402A
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Axelspace Holdings 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.

Axelspace Holdings's Days Payable for the fiscal year that ended in May. 2026 is calculated as

Days Payable (A: May. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2025 ) + Accounts Payable (A: May. 2026 )) / count ) / Cost of Goods Sold (A: May. 2026 )*Days in Period
=( (204.072 + 569.209) / 2 ) / 1710.997*365
=386.6405 / 1710.997*365
=82.48

Axelspace Holdings's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (188.651 + 245.832) / 2 ) / 353.608*365 / 4
=217.2415 / 353.608*365 / 4
=56.06

* 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 56.06 mean?
Axelspace Holdings (TSE:402A) has a Days Payable of 56.06 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 Axelspace Holdings and its competitors. This is 42% above median its historical median of 39.38. Over the past decade, Axelspace Holdings' Days Payable has ranged from 20.39 to 82.48. According to the industry distribution chart, Axelspace Holdings ranks #154 out of 339 companies in the Aerospace & Defense industry, placing it in the top 45.4%.
Is Axelspace Holdings' Days Payable too high?
Axelspace Holdings' current Days Payable of 56.06 is 42% above median its 10-year median of 39.38. Over the past 10 years, this metric has ranged from a low of 20.39 to a high of 82.48. The Aerospace & Defense industry median Days Payable is 64.65. Axelspace Holdings' value of 56.06 is 13.3% below this industry median. Based on the distribution chart, Axelspace Holdings ranks #154 out of 339 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Axelspace Holdings has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Axelspace Holdings' Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Axelspace Holdings ranks #154 out of 339 companies for Days Payable. This puts Axelspace Holdings in the upper half of its industry. The industry median Days Payable is 64.65. Axelspace Holdings' value of 56.06 is 13.3% below this benchmark. Historically, Axelspace Holdings' own Days Payable has ranged from 20.39 to 82.48 over the past decade. While the company's 10-year median is 39.38 vs. the industry median of 64.65, Axelspace Holdings 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. Axelspace Holdings's current Days Payable of 56.06 is 13.3% 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 Axelspace Holdings and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axelspace Holdings's current Days Payable is 56.06, which is 42% above median its own 10-year median of 39.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axelspace Holdings stock overvalued right now?
Axelspace Holdings (TSE:402A) has a current Days Payable of 56.06. The current Days Payable is 56.06, which is 42% above median its 10-year median of 39.38 and 13.3% below the Aerospace & Defense industry median of 64.65. Axelspace Holdings' overall GF Score™ is 5/100 with 4 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 Axelspace Holdings (TSE:402A), the current Days Payable is 56.06 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.

Axelspace Holdings Business Description

Other Exchanges N4Y:Germany
Address 3-3-3 Nihombashi-Hon-cho, Clip Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0023
Axelspace Holdings Corp is engaged in Providing a one-stop service for microsatellites through AxelLiner, and offering the Earth observation platform AxelGlobe. The company handles the design, manufacturing, launch arrangement, and post-launch operation support for microsatellites and related components and offers satellite solutions.
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