IcecoTSE:7698 +0.16%65 Days Payable is 76.87 as of Mar. 2026, which is 22% above its 10-year median of 62.87. GuruFocus rates TSE:7698 with a GF Score™ of 65/100 and a GF Value™ of 円1,875.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 302 Retail - Defensive companies, Iceco ranks better than 78.15% on this metric.
Iceco's average Accounts Payable for the
six
months ended in Mar. 2026 was 円9,398 Mil. Iceco's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円22,311 Mil.
Hence, Iceco's Days Payable for the
six
months ended in Mar. 2026 was 76.87.
The historical rank and industry rank for Iceco's Days Payable or its related term are showing as below:
TSE:7698'
s Days Payable Range Over the Past 10 Years
Min: 54.89 Med: 62.87 Max: 68.7
Current: 68.7
During the past 8 years, Iceco's highest Days Payable was 68.70. The lowest was 54.89. And the median was 62.87.
TSE:7698's Days Payable is ranked better than 78.15% of 302
companies
in the Retail - Defensive industry
Industry Median: 43.31
vs TSE:7698: 68.70
Iceco's Days Payable
declined
from Mar. 2025 (77.38) to Mar. 2026 (76.87).
It may suggest that Icecoaccelerated paying its suppliers.
Iceco Days Payable Related Terms
Iceco Days Payable Historical Data
* Premium members only.
The historical data trend for Iceco'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:7698 vs SYY, USFD, PFGC: Days Payable Comparison
For the Food Distribution subindustry, Iceco'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.
Iceco Days Payable vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Iceco's Days Payable distribution charts can be found below:
* The bar in red indicates where Iceco'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.
Iceco'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.
Iceco (TSE:7698) has a Days Payable of 76.87 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 Iceco and its competitors. This is 22% above median its historical median of 62.87. Over the past decade, Iceco's Days Payable has ranged from 54.89 to 68.70. According to the industry distribution chart, Iceco ranks #66 out of 302 companies in the Retail - Defensive industry, placing it in the top 21.9%.
Is Iceco's Days Payable too high?
Iceco's current Days Payable of 76.87 is 22% above median its 10-year median of 62.87. Over the past 10 years, this metric has ranged from a low of 54.89 to a high of 68.70. The Retail - Defensive industry median Days Payable is 43.31. Iceco's value of 76.87 is 77.5% above this industry median. Based on the distribution chart, Iceco ranks #66 out of 302 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Iceco has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iceco's Days Payable compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Iceco ranks #66 out of 302 companies for Days Payable. This places Iceco in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 43.31. Iceco's value of 76.87 is 77.5% above this benchmark. Historically, Iceco's own Days Payable has ranged from 54.89 to 68.70 over the past decade. While the company's 10-year median is 62.87 vs. the industry median of 43.31, Iceco 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.31, based on 302 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. Iceco's current Days Payable of 76.87 is 77.5% 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 Iceco and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iceco's current Days Payable is 76.87, which is 22% above median its own 10-year median of 62.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iceco stock overvalued right now?
Based on GuruFocus' analysis, Iceco (TSE:7698) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,875.40, compared to a current price of 円2,499.00 — trading 33.3% above its estimated fair value. The current Days Payable is 76.87, which is 22% above median its 10-year median of 62.87 and 77.5% above the Retail - Defensive industry median of 43.31. Iceco's overall GF Score™ is 65/100 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 Iceco (TSE:7698), the current Days Payable is 76.87 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 Iceco (TSE:7698) Overvalued in 2026?
Based on GuruFocus' analysis, Iceco stock appears to be overvalued.
The current stock price of 円2,499.00 is trading 33.3% above its estimated GF Value™ of 円1,875.40.
GuruFocus considers Iceco to be Significantly Overvalued.
Key valuation signals for TSE:7698:
Days Payable: 76.87 (22% above median its 10-year median of 62.87)
GF Value™: 円1,875.40 vs. price of 円2,499.00 (33.3% above fair value)
Industry Position: 77.5% above the Retail - Defensive median (#66 of 302)
No single metric tells the full story. See the TSE:7698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iceco Inc is principally involved in the wholesale of frozen foods and ice cream. The company is also engaged in the supermarket business, which operates a food supermarket. The company generates the majority of its revenue from the Frozen food business.
65GF Score
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