Toa (Electric Appliances) (TSE:6809) Days Payable: 47.34 (As of Mar. 2026) — Near Median


TSE:6809 Toa Corporation (Electric Appliances) TSE:6809
75 GF Score
Price 円1,600.00
GF Value 円1,277.88
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Toa (Electric Appliances) Days Payable?

Toa (Electric Appliances) TSE:6809 +2.17% 75 Days Payable is 47.34 as of Mar. 2026, which is 6% below its 10-year median of 50.11. GuruFocus rates TSE:6809 with a GF Score™ of 75/100 and a GF Value™ of 円1,277.88 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 941 Business Services companies, Toa (Electric Appliances) ranks better than 52.6% on this metric.

Toa (Electric Appliances)'s average Accounts Payable for the three months ended in Mar. 2026 was 円3,684 Mil. Toa (Electric Appliances)'s Cost of Goods Sold for the three months ended in Mar. 2026 was 円7,100 Mil. Hence, Toa (Electric Appliances)'s Days Payable for the three months ended in Mar. 2026 was 47.34.

The historical rank and industry rank for Toa (Electric Appliances)'s Days Payable or its related term are showing as below:

TSE:6809' s Days Payable Range Over the Past 10 Years
Min: 46.04   Med: 50.11   Max: 57.22
Current: 49.68

During the past 13 years, Toa (Electric Appliances)'s highest Days Payable was 57.22. The lowest was 46.04. And the median was 50.11.

TSE:6809's Days Payable is ranked better than
52.6% of 941 companies
in the Business Services industry
Industry Median: 46.9 vs TSE:6809: 49.68

Toa (Electric Appliances)'s Days Payable increased from Mar. 2025 (44.78) to Mar. 2026 (47.34). It may suggest that Toa (Electric Appliances) delayed paying its suppliers.


Toa (Electric Appliances) Days Payable Historical Data

* Premium members only.

The historical data trend for Toa (Electric Appliances)'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.

Toa (Electric Appliances) Days Payable Chart

Toa (Electric Appliances) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.75 49.47 46.04 48.68 46.69

Toa (Electric Appliances) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.78 60.56 49.96 42.03 47.34

TSE:6809 vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Toa (Electric Appliances)'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.


Toa (Electric Appliances) Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Toa (Electric Appliances)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Toa (Electric Appliances)'s Days Payable falls into.


TSE:6809
75GF Score
Toa Corporation (Electric Appliances) TSE:6809
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toa (Electric Appliances) 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.

Toa (Electric Appliances)'s Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (3953 + 3894) / 2 ) / 30669*365
=3923.5 / 30669*365
=46.69

Toa (Electric Appliances)'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
=( (3473 + 3894) / 2 ) / 7100*365 / 4
=3683.5 / 7100*365 / 4
=47.34

* 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 47.34 mean?
Toa (Electric Appliances) (TSE:6809) has a Days Payable of 47.34 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 Toa (Electric Appliances) and its competitors. This is near median its historical median of 50.11. Over the past decade, Toa (Electric Appliances)'s Days Payable has ranged from 46.04 to 57.22. According to the industry distribution chart, Toa (Electric Appliances) ranks #446 out of 941 companies in the Business Services industry, placing it in the top 47.4%.
Is Toa (Electric Appliances)'s Days Payable too high?
Toa (Electric Appliances)'s current Days Payable of 47.34 is near median its 10-year median of 50.11. Over the past 10 years, this metric has ranged from a low of 46.04 to a high of 57.22. The Business Services industry median Days Payable is 46.90. Toa (Electric Appliances)'s value of 47.34 is 0.9% above this industry median. Based on the distribution chart, Toa (Electric Appliances) ranks #446 out of 941 companies in the Business Services industry, which is above the industry midpoint. Overall, Toa (Electric Appliances) has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toa (Electric Appliances)'s Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Toa (Electric Appliances) ranks #446 out of 941 companies for Days Payable. This puts Toa (Electric Appliances) in the upper half of its industry. The industry median Days Payable is 46.90. Toa (Electric Appliances)'s value of 47.34 is 0.9% above this benchmark. Historically, Toa (Electric Appliances)'s own Days Payable has ranged from 46.04 to 57.22 over the past decade. While the company's 10-year median is 50.11 vs. the industry median of 46.90, Toa (Electric Appliances) 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 a Business Services company?
The median Days Payable among Business Services companies is 46.90, based on 941 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. Toa (Electric Appliances)'s current Days Payable of 47.34 is 0.9% 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 Toa (Electric Appliances) and its competitors. For the Business Services industry, the median Days Payable is 46.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toa (Electric Appliances)'s current Days Payable is 47.34, which is near median its own 10-year median of 50.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toa (Electric Appliances) stock overvalued right now?
Based on GuruFocus' analysis, Toa (Electric Appliances) (TSE:6809) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,277.88, compared to a current price of 円1,600.00 — trading 25.2% above its estimated fair value. The current Days Payable is 47.34, which is near median its 10-year median of 50.11 and 0.9% above the Business Services industry median of 46.90. Toa (Electric Appliances)'s overall GF Score™ is 75/100 with 1 warning sign 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 Toa (Electric Appliances) (TSE:6809), the current Days Payable is 47.34 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 Toa (Electric Appliances) (TSE:6809) Overvalued in 2026?

Based on GuruFocus' analysis, Toa (Electric Appliances) stock appears to be overvalued. The current stock price of 円1,600.00 is trading 25.2% above its estimated GF Value™ of 円1,277.88. GuruFocus considers Toa (Electric Appliances) to be Modestly Overvalued.

Key valuation signals for TSE:6809:

  • Days Payable: 47.34 (near median its 10-year median of 50.11)
  • GF Value™: 円1,277.88 vs. price of 円1,600.00 (25.2% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 0.9% above the Business Services median (#446 of 941)

No single metric tells the full story. See the TSE:6809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toa (Electric Appliances) Business Description

Address No. 2-1, Minato Nakamachi 7-chome, Chuo-ku, Hyog, Kobe, JPN, 650-0046
Toa Corporation (Electric Appliances) is mainly engaged in the manufacture and sale of loudspeaker broadcasting and communication equipment. It operates in three business divisions including Acoustic equipment business, Security equipment business and other. Acoustic equipment business manufactures loudspeaker broadcasting equipment, Professional sound equipment, and communication equipment. Security equipment business manufactures video equipment. Other business segment includes Leasing of equipment and management hall. Its product offerings include microphone, amplifier, speaker, megaphone, professional sound system, digital mixing system, Intercom system, telephone application system, wireless microphone system, contact wireless system, among others.
75GF Score

Get the complete analysis for TSE:6809

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

円1,600.00
Price
円1,277.88
GF Value