ASICSTSE:7936 +3.35%87 Days Payable is 52.08 as of Mar. 2026, which is 10% below its 10-year median of 57.90. GuruFocus rates TSE:7936 with a GF Score™ of 87/100 and a GF Value™ of 円4,186.74 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, ASICS ranks better than 56.02% on this metric.
ASICS's average Accounts Payable for the
three
months ended in Mar. 2026 was 円70,052 Mil. ASICS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円122,747 Mil.
Hence, ASICS's Days Payable for the
three
months ended in Mar. 2026 was 52.08.
The historical rank and industry rank for ASICS's Days Payable or its related term are showing as below:
TSE:7936'
s Days Payable Range Over the Past 10 Years
Min: 41.43 Med: 57.9 Max: 70.76
Current: 60.85
During the past 13 years, ASICS's highest Days Payable was 70.76. The lowest was 41.43. And the median was 57.90.
TSE:7936's Days Payable is ranked better than 56.02% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs TSE:7936: 60.85
ASICS's Days Payable
declined
from Mar. 2025 (59.09) to Mar. 2026 (52.08).
It may suggest that ASICSaccelerated paying its suppliers.
ASICS Days Payable Related Terms
ASICS Days Payable Historical Data
* Premium members only.
The historical data trend for ASICS'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:7936 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, ASICS'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.
ASICS Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ASICS's Days Payable distribution charts can be found below:
* The bar in red indicates where ASICS'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.
ASICS's Days Payable for the fiscal year that ended in Dec. 2025 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.
ASICS (TSE:7936) has a Days Payable of 52.08 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 ASICS and its competitors. This is 10% below median its historical median of 57.90. Over the past decade, ASICS's Days Payable has ranged from 41.43 to 70.76. According to the industry distribution chart, ASICS ranks #446 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44%.
Is ASICS's Days Payable too high?
ASICS's current Days Payable of 52.08 is 10% below median its 10-year median of 57.90. Over the past 10 years, this metric has ranged from a low of 41.43 to a high of 70.76. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. ASICS's value of 52.08 is 3.6% below this industry median. Based on the distribution chart, ASICS ranks #446 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, ASICS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASICS's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, ASICS ranks #446 out of 1014 companies for Days Payable. This puts ASICS in the upper half of its industry. The industry median Days Payable is 54.05. ASICS's value of 52.08 is 3.6% below this benchmark. Historically, ASICS's own Days Payable has ranged from 41.43 to 70.76 over the past decade. While the company's 10-year median is 57.90 vs. the industry median of 54.05, ASICS 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,014 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. ASICS's current Days Payable of 52.08 is 3.6% 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 ASICS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASICS's current Days Payable is 52.08, which is 10% below median its own 10-year median of 57.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASICS stock overvalued right now?
Based on GuruFocus' analysis, ASICS (TSE:7936) is currently considered Fairly Valued. The stock's GF Value™ is 円4,186.74, compared to a current price of 円4,624.00 — trading 10.4% above its estimated fair value. The current Days Payable is 52.08, which is 10% below median its 10-year median of 57.90 and 3.6% below the Manufacturing - Apparel & Accessories industry median of 54.05. ASICS's overall GF Score™ is 87/100 with 1 warning sign 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 ASICS (TSE:7936), the current Days Payable is 52.08 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 ASICS (TSE:7936) Overvalued in 2026?
Based on GuruFocus' analysis, ASICS stock appears to be overvalued.
The current stock price of 円4,624.00 is trading 10.4% above its estimated GF Value™ of 円4,186.74.
GuruFocus considers ASICS to be Fairly Valued.
Key valuation signals for TSE:7936:
Days Payable: 52.08 (10% below median its 10-year median of 57.90)
GF Value™: 円4,186.74 vs. price of 円4,624.00 (10.4% above fair value)
Industry Position: 3.6% below the Manufacturing - Apparel & Accessories median (#446 of 1014)
No single metric tells the full story. See the TSE:7936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1949 in Kobe, Japan, Asics is a leading sports footwear brand specializing in performance running shoes. Asics is well-known for its stability running shoe Gel-Kayano, which has been popular among runners for over 30 years thanks to its cushioning technology. It also owns Onitsuka Tiger, which is currently positioned as a premium sportswear lifestyle brand. In 2025, Asics had annual sales of over JPY 810 billion and command over 10% of the global performance running market share.
87GF Score
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