Local (TSE:470A) Days Payable: 21.53 (As of Feb. 2026) — 45% Below Median

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TSE:470A Local Inc TSE:470A
5 GF Score
Price 円501.00
! 5 Warning Signs
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What is Local Days Payable?

Local TSE:470A 5 Days Payable is 21.53 as of Feb. 2026, which is 45% below its 10-year median of 39.41. GuruFocus rates TSE:470A with a GF Score™ of 5/100. The stock has 5 warning signs investors should review. Among 305 Retail - Defensive companies, Local ranks worse than 80.66% on this metric.

Local's average Accounts Payable for the six months ended in Feb. 2026 was 円380 Mil. Local's Cost of Goods Sold for the six months ended in Feb. 2026 was 円3,220 Mil. Hence, Local's Days Payable for the six months ended in Feb. 2026 was 21.53.

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

TSE:470A' s Days Payable Range Over the Past 10 Years
Min: 24.94   Med: 39.41   Max: 45.18
Current: 24.94

During the past 2 years, Local's highest Days Payable was 45.18. The lowest was 24.94. And the median was 39.41.

TSE:470A's Days Payable is ranked worse than
80.66% of 305 companies
in the Retail - Defensive industry
Industry Median: 43.57 vs TSE:470A: 24.94

Local's Days Payable increased from Sep. 2023 (0.00) to Feb. 2026 (21.53). It may suggest that Local delayed paying its suppliers.


Local Days Payable Historical Data

* Premium members only.

The historical data trend for Local'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.

Local Days Payable Chart

Local Annual Data
Trend Sep23 Feb26
Days Payable
45.18 33.63

Local Semi-Annual Data
Sep23 Aug25 Feb26
Days Payable 0.00 26.77 21.53

TSE:470A vs SYY, USFD, PFGC: Days Payable Comparison

For the Food Distribution subindustry, Local'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.


Local Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Local's Days Payable distribution charts can be found below:

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


TSE:470A
5GF Score
Local Inc TSE:470A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Local 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.

Local's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as

Days Payable (A: Feb. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2023 ) + Accounts Payable (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (475.639 + 548.984) / 2 ) / 5559.803*365
=512.3115 / 5559.803*365
=33.63

Local'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: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (210.899 + 548.984) / 2 ) / 3219.996*365 / 2
=379.9415 / 3219.996*365 / 2
=21.53

* 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 21.53 mean?
Local (TSE:470A) has a Days Payable of 21.53 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 Local and its competitors. This is 45% below median its historical median of 39.41. Over the past decade, Local's Days Payable has ranged from 24.94 to 45.18. According to the industry distribution chart, Local ranks #246 out of 305 companies in the Retail - Defensive industry, placing it in the top 80.7%.
Is Local's Days Payable too high?
Local's current Days Payable of 21.53 is 45% below median its 10-year median of 39.41. Over the past 10 years, this metric has ranged from a low of 24.94 to a high of 45.18. The Retail - Defensive industry median Days Payable is 43.57. Local's value of 21.53 is 50.6% below this industry median. Based on the distribution chart, Local ranks #246 out of 305 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Local has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Local's Days Payable compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Local ranks #246 out of 305 companies for Days Payable. This places Local in the lower half of its industry. The industry median Days Payable is 43.57. Local's value of 21.53 is 50.6% below this benchmark. Historically, Local's own Days Payable has ranged from 24.94 to 45.18 over the past decade. While the company's 10-year median is 39.41 vs. the industry median of 43.57, Local 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 a Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.57, based on 305 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. Local's current Days Payable of 21.53 is 50.6% 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 Local and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Local's current Days Payable is 21.53, which is 45% below median its own 10-year median of 39.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Local stock overvalued right now?
Local (TSE:470A) has a current Days Payable of 21.53. The current Days Payable is 21.53, which is 45% below median its 10-year median of 39.41 and 50.6% below the Retail - Defensive industry median of 43.57. Local's overall GF Score™ is 5/100 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 Local (TSE:470A), the current Days Payable is 21.53 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.

Local Business Description

Address 3-15-60, Kasuga, Nishi-Ku, JR Kumamoto Shirakawa Building 4th floor, Kumamoto-Shi, JPN, 860-0047
Local Inc is principally engaged in manufacturing and sales of food products utilizing locally sourced fresh and regional ingredients under its own brands through multiple e-commerce platforms.
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円501.00
Price