Lion Office Products (TSE:423A) Days Payable: 48.63 (As of Mar. 2026) — 48% Below Median

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TSE:423A Lion Office Products Corp TSE:423A
16 GF Score
Price 円303.00
! 2 Warning Signs
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What is Lion Office Products Days Payable?

Lion Office Products TSE:423A -1.30% 16 Days Payable is 48.63 as of Mar. 2026, which is 48% below its 10-year median of 93.17. GuruFocus rates TSE:423A with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 2,991 Industrial Products companies, Lion Office Products ranks better than 50.05% on this metric.

Lion Office Products's average Accounts Payable for the three months ended in Mar. 2026 was 円6,569 Mil. Lion Office Products's Cost of Goods Sold for the three months ended in Mar. 2026 was 円12,327 Mil. Hence, Lion Office Products's Days Payable for the three months ended in Mar. 2026 was 48.63.

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

TSE:423A' s Days Payable Range Over the Past 10 Years
Min: 78.05   Med: 93.17   Max: 99.57
Current: 78.05

During the past 3 years, Lion Office Products's highest Days Payable was 99.57. The lowest was 78.05. And the median was 93.17.

TSE:423A's Days Payable is ranked better than
50.05% of 2991 companies
in the Industrial Products industry
Industry Median: 77.97 vs TSE:423A: 78.05

Lion Office Products's Days Payable increased from Sep. 2024 (0.00) to Mar. 2026 (48.63). It may suggest that Lion Office Products delayed paying its suppliers.


Lion Office Products Days Payable Historical Data

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The historical data trend for Lion Office Products'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.

Lion Office Products Days Payable Chart

Lion Office Products Annual Data
Trend Sep23 Sep24 Sep25
Days Payable
99.57 93.17 90.65

Lion Office Products Quarterly Data
Sep23 Sep24 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 122.27 87.54 92.37 48.63

Lion Office Products Days Payable Competitor Comparison

For the Business Equipment & Supplies subindustry, Lion Office Products'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.


Lion Office Products Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lion Office Products's Days Payable distribution charts can be found below:

* The bar in red indicates where Lion Office Products's Days Payable falls into.


TSE:423A
16GF Score
Lion Office Products Corp TSE:423A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lion Office Products 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.

Lion Office Products's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (6613 + 7277) / 2 ) / 27964*365
=6945 / 27964*365
=90.65

Lion Office Products'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
=( (7098 + 6040) / 2 ) / 12327*365 / 4
=6569 / 12327*365 / 4
=48.63

* 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 48.63 mean?
Lion Office Products (TSE:423A) has a Days Payable of 48.63 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 Lion Office Products and its competitors. This is 48% below median its historical median of 93.17. Over the past decade, Lion Office Products' Days Payable has ranged from 78.05 to 99.57. According to the industry distribution chart, Lion Office Products ranks #1494 out of 2991 companies in the Industrial Products industry, placing it in the top 49.9%.
Is Lion Office Products' Days Payable too high?
Lion Office Products' current Days Payable of 48.63 is 48% below median its 10-year median of 93.17. Over the past 10 years, this metric has ranged from a low of 78.05 to a high of 99.57. The Industrial Products industry median Days Payable is 77.97. Lion Office Products' value of 48.63 is 37.6% below this industry median. Based on the distribution chart, Lion Office Products ranks #1494 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Lion Office Products has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Lion Office Products' Days Payable compare to competitors?
According to the Industrial Products industry distribution chart, Lion Office Products ranks #1494 out of 2991 companies for Days Payable. This puts Lion Office Products in the upper half of its industry. The industry median Days Payable is 77.97. Lion Office Products' value of 48.63 is 37.6% below this benchmark. Historically, Lion Office Products' own Days Payable has ranged from 78.05 to 99.57 over the past decade. While the company's 10-year median is 93.17 vs. the industry median of 77.97, Lion Office Products 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. Lion Office Products's current Days Payable of 48.63 is 37.6% 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 Lion Office Products and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lion Office Products's current Days Payable is 48.63, which is 48% below median its own 10-year median of 93.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lion Office Products stock overvalued right now?
Lion Office Products (TSE:423A) has a current Days Payable of 48.63. The current Days Payable is 48.63, which is 48% below median its 10-year median of 93.17 and 37.6% below the Industrial Products industry median of 77.97. Lion Office Products' overall GF Score™ is 16/100 with 2 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 Lion Office Products (TSE:423A), the current Days Payable is 48.63 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.

Lion Office Products Business Description

Address 2-6-11 Higashinakano, Nakano-ku, Tokyo, JPN, 164-0003
Lion Office Products Corp is engaged in Manufacture and sales of stationery, office supplies and office furniture/Office space design, construction, interior finishing work/Sales of ICT devices in the education market/E-commerce.
16GF Score

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

円303.00
Price