TOIN (TSE:7923) Days Payable: 28.10 (As of Sep. 2025) — 40% Below Median


TSE:7923 TOIN Corp TSE:7923
50 GF Score
Price 円1,178.00
GF Value 円719.30
! 8 Warning Signs
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What is TOIN Days Payable?

TOIN TSE:7923 -0.51% 50 Days Payable is 28.10 as of Sep. 2025, which is 40% below its 10-year median of 46.70. GuruFocus rates TSE:7923 with a GF Score™ of 50/100 and a GF Value™ of 円719.30. The stock has 8 warning signs investors should review.

TOIN's average Accounts Payable for the six months ended in Sep. 2025 was 円903 Mil. TOIN's Cost of Goods Sold for the six months ended in Sep. 2025 was 円5,865 Mil. Hence, TOIN's Days Payable for the six months ended in Sep. 2025 was 28.10.

The historical rank and industry rank for TOIN's Days Payable or its related term are showing as below:

TSE:7923' s Days Payable Range Over the Past 10 Years
Min: 27.66   Med: 46.7   Max: 104.86
Current: 27.66

During the past 13 years, TOIN's highest Days Payable was 104.86. The lowest was 27.66. And the median was 46.70.

TSE:7923's Days Payable is not ranked
in the Packaging & Containers industry.
Industry Median: 57.27 vs TSE:7923: 27.66

TOIN's Days Payable increased from Sep. 2024 (26.71) to Sep. 2025 (28.10). It may suggest that TOIN delayed paying its suppliers.


TOIN Days Payable Historical Data

* Premium members only.

The historical data trend for TOIN'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.

TOIN Days Payable Chart

TOIN Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.22 41.61 43.23 36.85 27.75

TOIN Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 38.80 30.35 26.71 27.78 28.10

TSE:7923 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, TOIN'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.


TOIN Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TOIN's Days Payable distribution charts can be found below:

* The bar in red indicates where TOIN's Days Payable falls into.


TSE:7923
50GF Score
TOIN Corp TSE:7923
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TOIN 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.

TOIN's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (846.22 + 921.167) / 2 ) / 11621.896*365
=883.6935 / 11621.896*365
=27.75

TOIN'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: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (921.167 + 884.976) / 2 ) / 5864.972*365 / 2
=903.0715 / 5864.972*365 / 2
=28.10

* 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 28.10 mean?
TOIN (TSE:7923) has a Days Payable of 28.10 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 TOIN and its competitors. This is 40% below median its historical median of 46.70. Over the past decade, TOIN's Days Payable has ranged from 27.66 to 104.86.
Is TOIN's Days Payable too high?
TOIN's current Days Payable of 28.10 is 40% below median its 10-year median of 46.70. Over the past 10 years, this metric has ranged from a low of 27.66 to a high of 104.86. The Packaging & Containers industry median Days Payable is 57.27. TOIN's value of 28.10 is 50.9% below this industry median. Overall, TOIN has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does TOIN's Days Payable compare to SW and PKG?
TOIN's Days Payable of 28.10 can be compared against companies in the Packaging & Containers industry. The industry median Days Payable is 57.27. TOIN's value of 28.10 is 50.9% below this benchmark. Historically, TOIN's own Days Payable has ranged from 27.66 to 104.86 over the past decade. While the company's 10-year median is 46.70 vs. the industry median of 57.27, TOIN 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 379 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. TOIN's current Days Payable of 28.10 is 50.9% 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 TOIN and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOIN's current Days Payable is 28.10, which is 40% below median its own 10-year median of 46.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOIN stock overvalued right now?
TOIN (TSE:7923) has a current Days Payable of 28.10. The stock's GF Value™ is 円719.30, compared to a current price of 円1,178.00 — trading 63.8% above its estimated fair value. The current Days Payable is 28.10, which is 40% below median its 10-year median of 46.70 and 50.9% below the Packaging & Containers industry median of 57.27. TOIN's overall GF Score™ is 50/100 with 8 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 TOIN (TSE:7923), the current Days Payable is 28.10 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.

Is TOIN (TSE:7923) Overvalued in 2026?

Based on GuruFocus' analysis, TOIN stock appears to be overvalued. The current stock price of 円1,178.00 is trading 63.8% above its estimated GF Value™ of 円719.30.

Key valuation signals for TSE:7923:

  • Days Payable: 28.10 (40% below median its 10-year median of 46.70)
  • GF Value™: 円719.30 vs. price of 円1,178.00 (63.8% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 50.9% below the Packaging & Containers median

No single metric tells the full story. See the TSE:7923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOIN Business Description

Address 1-4-2 Kameido, Koto-ku, Tokyo, JPN
TOIN Corp is engaged in manufacturing of paper containers like food, confectionary, cosmetics, pharmaceuticals, and resin packages. The company is also engaged in the manufacture and sale of labels, contract packaging of quasi-drugs, and food, and precision coating contract work for electronic equipment components such as functional films, and is working to expand its business in a diversified manner based on printing technology.
50GF Score

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

円1,178.00
Price
円719.30
GF Value