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Ledax CoTSE:7602 -2.79%56 Days Payable is 6.61 as of Mar. 2026, which is 27% below its 10-year median of 9.09. GuruFocus rates TSE:7602 with a GF Score™ of 56/100 and a GF Value™ of 円175.42 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Ledax Co ranks worse than 97.24% on this metric.
Ledax Co's average Accounts Payable for the
six
months ended in Mar. 2026 was 円328 Mil. Ledax Co's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円9,040 Mil.
Hence, Ledax Co's Days Payable for the
six
months ended in Mar. 2026 was 6.61.
The historical rank and industry rank for Ledax Co's Days Payable or its related term are showing as below:
TSE:7602'
s Days Payable Range Over the Past 10 Years
Min: 5.36 Med: 9.09 Max: 20.45
Current: 9.4
During the past 13 years, Ledax Co's highest Days Payable was 20.45. The lowest was 5.36. And the median was 9.09.
TSE:7602's Days Payable is ranked worse than 97.24% of 1306
companies
in the Vehicles & Parts industry
Industry Median: 67.255
vs TSE:7602: 9.40
Ledax Co's Days Payable
declined
from Mar. 2025 (12.86) to Mar. 2026 (6.61).
It may suggest that Ledax Coaccelerated paying its suppliers.
Ledax Co Days Payable Related Terms
Ledax Co Days Payable Historical Data
* Premium members only.
The historical data trend for Ledax 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.
TSE:7602 vs CVNA, PAG, ALTB: Days Payable Comparison
For the Auto & Truck Dealerships subindustry, Ledax 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.
Ledax Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ledax Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ledax Co'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.
Ledax Co'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.
Ledax Co (TSE:7602) has a Days Payable of 6.61 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 Ledax Co and its competitors. This is 27% below median its historical median of 9.09. Over the past decade, Ledax Co's Days Payable has ranged from 5.36 to 20.45. According to the industry distribution chart, Ledax Co ranks #1270 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 97.2%.
Is Ledax Co's Days Payable too high?
Ledax Co's current Days Payable of 6.61 is 27% below median its 10-year median of 9.09. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 20.45. The Vehicles & Parts industry median Days Payable is 67.26. Ledax Co's value of 6.61 is 90.2% below this industry median. Based on the distribution chart, Ledax Co ranks #1270 out of 1306 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Ledax Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ledax Co's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Ledax Co ranks #1270 out of 1306 companies for Days Payable. This places Ledax Co in the lower half of its industry. The industry median Days Payable is 67.26. Ledax Co's value of 6.61 is 90.2% below this benchmark. Historically, Ledax Co's own Days Payable has ranged from 5.36 to 20.45 over the past decade. While the company's 10-year median is 9.09 vs. the industry median of 67.26, Ledax 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 67.26, based on 1,306 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. Ledax Co's current Days Payable of 6.61 is 90.2% 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 Ledax Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ledax Co's current Days Payable is 6.61, which is 27% below median its own 10-year median of 9.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledax Co stock overvalued right now?
Based on GuruFocus' analysis, Ledax Co (TSE:7602) is currently considered Fairly Valued. The stock's GF Value™ is 円175.42, compared to a current price of 円174.00 — trading 0.8% below its estimated fair value. The current Days Payable is 6.61, which is 27% below median its 10-year median of 9.09 and 90.2% below the Vehicles & Parts industry median of 67.26. Ledax Co's overall GF Score™ is 56/100 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 Ledax Co (TSE:7602), the current Days Payable is 6.61 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 Ledax Co (TSE:7602) Overvalued in 2026?
Based on GuruFocus' analysis, Ledax Co stock appears to be undervalued.
The current stock price of 円174.00 is trading 0.8% below its estimated GF Value™ of 円175.42.
GuruFocus considers Ledax Co to be Fairly Valued.
Key valuation signals for TSE:7602:
Days Payable: 6.61 (27% below median its 10-year median of 9.09)
GF Value™: 円175.42 vs. price of 円174.00 (0.8% below fair value)
Industry Position: 90.2% below the Vehicles & Parts median (#1270 of 1306)
No single metric tells the full story. See the TSE:7602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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