T.RAD Co (TSE:7236) Days Payable: 30.83 (As of Mar. 2026) — 24% Below Median


TSE:7236 T.RAD Co Ltd TSE:7236
67 GF Score
Price 円1,559.00
GF Value 円429.96
Valuation Significantly Overvalued
! 4 Warning Signs
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What is T.RAD Co Days Payable?

T.RAD Co TSE:7236 +3.25% 67 Days Payable is 30.83 as of Mar. 2026, which is 24% below its 10-year median of 40.64. GuruFocus rates TSE:7236 with a GF Score™ of 67/100 and a GF Value™ of 円429.96 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,309 Vehicles & Parts companies, T.RAD Co ranks worse than 83.96% on this metric.

T.RAD Co's average Accounts Payable for the three months ended in Mar. 2026 was 円12,831 Mil. T.RAD Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円37,970 Mil. Hence, T.RAD Co's Days Payable for the three months ended in Mar. 2026 was 30.83.

The historical rank and industry rank for T.RAD Co's Days Payable or its related term are showing as below:

TSE:7236' s Days Payable Range Over the Past 10 Years
Min: 31.9   Med: 40.64   Max: 45.04
Current: 33.21

During the past 13 years, T.RAD Co's highest Days Payable was 45.04. The lowest was 31.90. And the median was 40.64.

TSE:7236's Days Payable is ranked worse than
83.96% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 67.02 vs TSE:7236: 33.21

T.RAD Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (30.83). It may suggest that T.RAD Co delayed paying its suppliers.


T.RAD Co Days Payable Historical Data

* Premium members only.

The historical data trend for T.RAD Co'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.

T.RAD Co Days Payable Chart

T.RAD Co 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 41.69 36.99 37.54 37.04 31.90

T.RAD Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 35.72 34.69 33.29 30.83

TSE:7236 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, T.RAD Co'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.


T.RAD Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, T.RAD Co's Days Payable distribution charts can be found below:

* The bar in red indicates where T.RAD Co's Days Payable falls into.


TSE:7236
67GF Score
T.RAD Co Ltd TSE:7236
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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T.RAD Co 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.

T.RAD Co'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
=( (12550 + 11773) / 2 ) / 139134*365
=12161.5 / 139134*365
=31.90

T.RAD Co'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
=( (13888 + 11773) / 2 ) / 37970*365 / 4
=12830.5 / 37970*365 / 4
=30.83

* 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 30.83 mean?
T.RAD Co (TSE:7236) has a Days Payable of 30.83 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 T.RAD Co and its competitors. This is 24% below median its historical median of 40.64. Over the past decade, T.RAD Co's Days Payable has ranged from 31.90 to 45.04. According to the industry distribution chart, T.RAD Co ranks #1099 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 84%.
Is T.RAD Co's Days Payable too high?
T.RAD Co's current Days Payable of 30.83 is 24% below median its 10-year median of 40.64. Over the past 10 years, this metric has ranged from a low of 31.90 to a high of 45.04. The Vehicles & Parts industry median Days Payable is 67.02. T.RAD Co's value of 30.83 is 54% below this industry median. Based on the distribution chart, T.RAD Co ranks #1099 out of 1309 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, T.RAD Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T.RAD Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, T.RAD Co ranks #1099 out of 1309 companies for Days Payable. This places T.RAD Co in the lower half of its industry. The industry median Days Payable is 67.02. T.RAD Co's value of 30.83 is 54% below this benchmark. Historically, T.RAD Co's own Days Payable has ranged from 31.90 to 45.04 over the past decade. While the company's 10-year median is 40.64 vs. the industry median of 67.02, T.RAD Co 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,309 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. T.RAD Co's current Days Payable of 30.83 is 54% 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 T.RAD Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T.RAD Co's current Days Payable is 30.83, which is 24% below median its own 10-year median of 40.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.RAD Co stock overvalued right now?
Based on GuruFocus' analysis, T.RAD Co (TSE:7236) is currently considered Significantly Overvalued. The stock's GF Value™ is 円429.96, compared to a current price of 円1,559.00 — trading 262.6% above its estimated fair value. The current Days Payable is 30.83, which is 24% below median its 10-year median of 40.64 and 54% below the Vehicles & Parts industry median of 67.02. T.RAD Co's overall GF Score™ is 67/100 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 T.RAD Co (TSE:7236), the current Days Payable is 30.83 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 T.RAD Co (TSE:7236) Overvalued in 2026?

Based on GuruFocus' analysis, T.RAD Co stock appears to be overvalued. The current stock price of 円1,559.00 is trading 262.6% above its estimated GF Value™ of 円429.96. GuruFocus considers T.RAD Co to be Significantly Overvalued.

Key valuation signals for TSE:7236:

  • Days Payable: 30.83 (24% below median its 10-year median of 40.64)
  • GF Value™: 円429.96 vs. price of 円1,559.00 (262.6% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 54% below the Vehicles & Parts median (#1099 of 1309)

No single metric tells the full story. See the TSE:7236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T.RAD Co Business Description

Address Aioi Insurance Shinjyuku Bldg, 3-25-3,Yoyogi, Shibuya-ku, Tokyo, JPN, 151-0053
T.RAD Co Ltd engages in manufacture and sale of automobile parts and other machinery. Its services include the manufacturing and marketing of heat exchangers for automobiles, construction and industrial machines, air conditioners, distributed generators, parts for automobiles, environment-related equipment, and others. The firm's main products consist of radiators, oil coolers, EGR coolers, intercoolers, recuperators, fin coils for air conditioners, and other heat exchangers.
67GF Score

Get the complete analysis for TSE:7236

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

円1,559.00
Price
円429.96
GF Value