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HeiwaTSE:6412 +0.54%74 Days Payable is 12.90 as of Mar. 2026, which is 16% below its 10-year median of 15.38. GuruFocus rates TSE:6412 with a GF Score™ of 74/100 and a GF Value™ of 円3,978.77 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 780 Travel & Leisure companies, Heiwa ranks worse than 91.41% on this metric.
Heiwa's average Accounts Payable for the
three
months ended in Mar. 2026 was 円5,558 Mil. Heiwa's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円39,308 Mil.
Hence, Heiwa's Days Payable for the
three
months ended in Mar. 2026 was 12.90.
The historical rank and industry rank for Heiwa's Days Payable or its related term are showing as below:
TSE:6412'
s Days Payable Range Over the Past 10 Years
Min: 11.56 Med: 15.38 Max: 38.34
Current: 11.56
During the past 13 years, Heiwa's highest Days Payable was 38.34. The lowest was 11.56. And the median was 15.38.
TSE:6412's Days Payable is ranked worse than 91.41% of 780
companies
in the Travel & Leisure industry
Industry Median: 57.215
vs TSE:6412: 11.56
Heiwa's Days Payable
declined
from Mar. 2025 (18.07) to Mar. 2026 (12.90).
It may suggest that Heiwaaccelerated paying its suppliers.
Heiwa Days Payable Related Terms
Heiwa Days Payable Historical Data
* Premium members only.
The historical data trend for Heiwa'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 Leisure subindustry, Heiwa'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.
Heiwa Days Payable vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Heiwa's Days Payable distribution charts can be found below:
* The bar in red indicates where Heiwa'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.
Heiwa's Days Payable for the fiscal year that ended in Mar. 2026 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.
Heiwa (TSE:6412) has a Days Payable of 12.90 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 Heiwa and its competitors. This is 16% below median its historical median of 15.38. Over the past decade, Heiwa's Days Payable has ranged from 11.56 to 38.34. According to the industry distribution chart, Heiwa ranks #713 out of 780 companies in the Travel & Leisure industry, placing it in the top 91.4%.
Is Heiwa's Days Payable too high?
Heiwa's current Days Payable of 12.90 is 16% below median its 10-year median of 15.38. Over the past 10 years, this metric has ranged from a low of 11.56 to a high of 38.34. The Travel & Leisure industry median Days Payable is 57.22. Heiwa's value of 12.90 is 77.5% below this industry median. Based on the distribution chart, Heiwa ranks #713 out of 780 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Heiwa has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heiwa's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Heiwa ranks #713 out of 780 companies for Days Payable. This places Heiwa in the lower half of its industry. The industry median Days Payable is 57.22. Heiwa's value of 12.90 is 77.5% below this benchmark. Historically, Heiwa's own Days Payable has ranged from 11.56 to 38.34 over the past decade. While the company's 10-year median is 15.38 vs. the industry median of 57.22, Heiwa 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.22, based on 780 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. Heiwa's current Days Payable of 12.90 is 77.5% 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 Heiwa and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heiwa's current Days Payable is 12.90, which is 16% below median its own 10-year median of 15.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa stock overvalued right now?
Based on GuruFocus' analysis, Heiwa (TSE:6412) is currently considered Possible Value Trap. The stock's GF Value™ is 円3,978.77, compared to a current price of 円2,034.00 — trading 48.9% below its estimated fair value. The current Days Payable is 12.90, which is 16% below median its 10-year median of 15.38 and 77.5% below the Travel & Leisure industry median of 57.22. Heiwa's overall GF Score™ is 74/100 with 6 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 Heiwa (TSE:6412), the current Days Payable is 12.90 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 Heiwa (TSE:6412) Overvalued in 2026?
Based on GuruFocus' analysis, Heiwa stock appears to be undervalued.
The current stock price of 円2,034.00 is trading 48.9% below its estimated GF Value™ of 円3,978.77.
GuruFocus considers Heiwa to be Possible Value Trap.
Key valuation signals for TSE:6412:
Days Payable: 12.90 (16% below median its 10-year median of 15.38)
GF Value™: 円3,978.77 vs. price of 円2,034.00 (48.9% below fair value)
Industry Position: 77.5% below the Travel & Leisure median (#713 of 780)
No single metric tells the full story. See the TSE:6412 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heiwa Corp is a gambling company involved in the manufacturing and sales of pachinko and pachislot machines. The company operates in two business segments: game machines and golf. The game machine business develops pachinko machines, a gambling device with pinball-like characteristics, which are sold to pachinko parlors throughout Japan. Pachinko parlors allow users to purchase small steel balls, which are utilized in pachinko machines under the objective of winning more balls, which can then be exchanged for prizes. Pachislot machines, which are a similar gambling device with characteristics of pachinko and slot machines, are developed in a similar manner. The company's golf segment operates a number of golf courses. Heiwa generates the vast majority of its revenue in Japan.
74GF Score
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