Tokyo Board Industries Co (TSE:7815) Days Payable: 34.29 (As of Sep. 2025) — 12% Above Median

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TSE:7815 Tokyo Board Industries Co Ltd TSE:7815
23 GF Score
Price 円366.00
! 5 Warning Signs
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What is Tokyo Board Industries Co Days Payable?

Tokyo Board Industries Co TSE:7815 23 Days Payable is 34.29 as of Sep. 2025, which is 12% above its 10-year median of 30.60. GuruFocus rates TSE:7815 with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 276 Forest Products companies, Tokyo Board Industries Co ranks worse than 67.39% on this metric.

Tokyo Board Industries Co's average Accounts Payable for the three months ended in Sep. 2025 was 円515 Mil. Tokyo Board Industries Co's Cost of Goods Sold for the three months ended in Sep. 2025 was 円1,370 Mil. Hence, Tokyo Board Industries Co's Days Payable for the three months ended in Sep. 2025 was 34.29.

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: 40.45

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
67.39% of 276 companies
in the Forest Products industry
Industry Median: 56.48 vs TSE:7815: 40.45

Tokyo Board Industries Co's Days Payable increased from Jun. 2024 (31.91) to Sep. 2025 (34.29). It may suggest that Tokyo Board Industries Co delayed 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
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 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 28.35 0.00 32.83 34.29 46.24

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
23GF 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 Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (511.472 + 518.279) / 2 ) / 1370.13*365 / 4
=514.8755 / 1370.13*365 / 4
=34.29

* 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 34.29 mean?
Tokyo Board Industries Co (TSE:7815) has a Days Payable of 34.29 as of Sep. 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 12% above 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 #186 out of 276 companies in the Forest Products industry, placing it in the top 67.4%.
Is Tokyo Board Industries Co's Days Payable too high?
Tokyo Board Industries Co's current Days Payable of 34.29 is 12% above 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 56.48. Tokyo Board Industries Co's value of 34.29 is 39.3% below this industry median. Based on the distribution chart, Tokyo Board Industries Co ranks #186 out of 276 companies in the Forest Products industry, which is below the industry midpoint. Overall, Tokyo Board Industries Co has a GF Score™ of 23/100, 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 #186 out of 276 companies for Days Payable. This places Tokyo Board Industries Co in the lower half of its industry. The industry median Days Payable is 56.48. Tokyo Board Industries Co's value of 34.29 is 39.3% 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 56.48, 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 56.48, based on 276 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 34.29 is 39.3% 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 56.48 — 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 34.29, which is 12% above 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?
Tokyo Board Industries Co (TSE:7815) has a current Days Payable of 34.29. The current Days Payable is 34.29, which is 12% above median its 10-year median of 30.60 and 39.3% below the Forest Products industry median of 56.48. Tokyo Board Industries Co's overall GF Score™ is 23/100 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 34.29 as of Sep. 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.

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.
23GF Score

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