Tokyo Board Industries Co (TSE:7815) Days Payable: 26.44 (As of Dec. 2025) — 14% Below Median

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TSE:7815 Tokyo Board Industries Co Ltd TSE:7815
46 GF Score
Price 円366.00
GF Value 円457.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tokyo Board Industries Co Days Payable?

Tokyo Board Industries Co TSE:7815 -1.35% 46 Days Payable is 26.44 as of Dec. 2025, which is 14% below its 10-year median of 30.60. GuruFocus rates TSE:7815 with a GF Score™ of 46/100 and a GF Value™ of 円457.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 274 Forest Products companies, Tokyo Board Industries Co ranks worse than 81.39% on this metric.

Tokyo Board Industries Co's average Accounts Payable for the three months ended in Dec. 2025 was 円448 Mil. Tokyo Board Industries Co's Cost of Goods Sold for the three months ended in Dec. 2025 was 円1,546 Mil. Hence, Tokyo Board Industries Co's Days Payable for the three months ended in Dec. 2025 was 26.44.

The historical rank and industry rank for Tokyo Board Industries Co's Days Payable or its related term are showing as below:

TSE:7815' s Days Payable Range Over the Past 10 Years
Min: 20.41   Med: 30.6   Max: 50.35
Current: 27.83

During the past 11 years, Tokyo Board Industries Co's highest Days Payable was 50.35. The lowest was 20.41. And the median was 30.60.

TSE:7815's Days Payable is ranked worse than
81.39% of 274 companies
in the Forest Products industry
Industry Median: 57.065 vs TSE:7815: 27.83

Tokyo Board Industries Co's Days Payable declined from Sep. 2024 (28.35) to Dec. 2025 (26.44). It may suggest that Tokyo Board Industries Co accelerated paying its suppliers.


Tokyo Board Industries Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tokyo Board Industries 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.

Tokyo Board Industries Co Days Payable Chart

Tokyo Board Industries Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.91 25.45 30.28 29.87 27.75

Tokyo Board Industries Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 May26
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 32.83 34.29 26.44 35.75

TSE:7815 vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, Tokyo Board Industries 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.


Tokyo Board Industries Co Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tokyo Board Industries Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tokyo Board Industries Co's Days Payable falls into.


TSE:7815
46GF Score
Tokyo Board Industries Co Ltd TSE:7815
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Board Industries 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.

Tokyo Board Industries Co's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (457.91 + 497.368) / 2 ) / 6281.525*365
=477.639 / 6281.525*365
=27.75

Tokyo Board Industries Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (518.279 + 377.611) / 2 ) / 1545.926*365 / 4
=447.945 / 1545.926*365 / 4
=26.44

* 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 26.44 mean?
Tokyo Board Industries Co (TSE:7815) has a Days Payable of 26.44 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tokyo Board Industries Co and its competitors. This is 14% below median its historical median of 30.60. Over the past decade, Tokyo Board Industries Co's Days Payable has ranged from 20.41 to 50.35. According to the industry distribution chart, Tokyo Board Industries Co ranks #223 out of 274 companies in the Forest Products industry, placing it in the top 81.4%.
Is Tokyo Board Industries Co's Days Payable too high?
Tokyo Board Industries Co's current Days Payable of 26.44 is 14% below median its 10-year median of 30.60. Over the past 10 years, this metric has ranged from a low of 20.41 to a high of 50.35. The Forest Products industry median Days Payable is 57.07. Tokyo Board Industries Co's value of 26.44 is 53.7% below this industry median. Based on the distribution chart, Tokyo Board Industries Co ranks #223 out of 274 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Tokyo Board Industries Co has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Board Industries Co's Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Tokyo Board Industries Co ranks #223 out of 274 companies for Days Payable. This places Tokyo Board Industries Co in the lower half of its industry. The industry median Days Payable is 57.07. Tokyo Board Industries Co's value of 26.44 is 53.7% below this benchmark. Historically, Tokyo Board Industries Co's own Days Payable has ranged from 20.41 to 50.35 over the past decade. While the company's 10-year median is 30.60 vs. the industry median of 57.07, Tokyo Board Industries 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.07, based on 274 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. Tokyo Board Industries Co's current Days Payable of 26.44 is 53.7% 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 Tokyo Board Industries Co and its competitors. For the Forest Products industry, the median Days Payable is 57.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Board Industries Co's current Days Payable is 26.44, which is 14% below median its own 10-year median of 30.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Board Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Board Industries Co (TSE:7815) is currently considered Modestly Undervalued. The stock's GF Value™ is 円457.80, compared to a current price of 円366.00 — trading 20.1% below its estimated fair value. The current Days Payable is 26.44, which is 14% below median its 10-year median of 30.60 and 53.7% below the Forest Products industry median of 57.07. Tokyo Board Industries Co's overall GF Score™ is 46/100 with 5 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 Tokyo Board Industries Co (TSE:7815), the current Days Payable is 26.44 as of Dec. 2025. 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 Tokyo Board Industries Co (TSE:7815) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Board Industries Co stock appears to be undervalued. The current stock price of 円366.00 is trading 20.1% below its estimated GF Value™ of 円457.80. GuruFocus considers Tokyo Board Industries Co to be Modestly Undervalued.

Key valuation signals for TSE:7815:

  • Days Payable: 26.44 (14% below median its 10-year median of 30.60)
  • GF Value™: 円457.80 vs. price of 円366.00 (20.1% below fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 53.7% below the Forest Products median (#223 of 274)

No single metric tells the full story. See the TSE:7815 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Board Industries Co Business Description

Address Shinkiba 2-11-1, Koto-ku, Tokyo, JPN, 136-0082
Tokyo Board Industries Co Ltd is engaged in the manufacture and sale of particleboard. Its operating segments include Particle board; Waste collection, transportation & processing; and Others.
46GF Score

Get the complete analysis for TSE:7815

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

円366.00
Price
円457.80
GF Value