Kawai Musical Instruments Manufacturing Co (TSE:7952) Days Payable: 35.33 (As of Mar. 2026) — 12% Above Median

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TSE:7952 Kawai Musical Instruments Manufacturing Co Ltd TSE:7952
59 GF Score
Price 円3,570.00
GF Value 円2,737.66
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Kawai Musical Instruments Manufacturing Co Days Payable?

Kawai Musical Instruments Manufacturing Co TSE:7952 +0.28% 59 Days Payable is 35.33 as of Mar. 2026, which is 12% above its 10-year median of 31.50. GuruFocus rates TSE:7952 with a GF Score™ of 59/100 and a GF Value™ of 円2,737.66 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 780 Travel & Leisure companies, Kawai Musical Instruments Manufacturing Co ranks worse than 64.87% on this metric.

Kawai Musical Instruments Manufacturing Co's average Accounts Payable for the three months ended in Mar. 2026 was 円5,337 Mil. Kawai Musical Instruments Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円13,783 Mil. Hence, Kawai Musical Instruments Manufacturing Co's Days Payable for the three months ended in Mar. 2026 was 35.33.

The historical rank and industry rank for Kawai Musical Instruments Manufacturing Co's Days Payable or its related term are showing as below:

TSE:7952' s Days Payable Range Over the Past 10 Years
Min: 22.02   Med: 31.5   Max: 38.07
Current: 38.07

During the past 13 years, Kawai Musical Instruments Manufacturing Co's highest Days Payable was 38.07. The lowest was 22.02. And the median was 31.50.

TSE:7952's Days Payable is ranked worse than
64.87% of 780 companies
in the Travel & Leisure industry
Industry Median: 56.39 vs TSE:7952: 38.07

Kawai Musical Instruments Manufacturing Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (35.33). It may suggest that Kawai Musical Instruments Manufacturing Co delayed paying its suppliers.


Kawai Musical Instruments Manufacturing Co Days Payable Related Terms


Kawai Musical Instruments Manufacturing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kawai Musical Instruments Manufacturing 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.

Kawai Musical Instruments Manufacturing Co Days Payable Chart

Kawai Musical Instruments Manufacturing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.10 34.76 37.62 35.03 34.77

Kawai Musical Instruments Manufacturing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 35.01 36.08 34.48 35.33 42.80

TSE:7952 vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Kawai Musical Instruments Manufacturing 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.


Kawai Musical Instruments Manufacturing Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kawai Musical Instruments Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kawai Musical Instruments Manufacturing Co's Days Payable falls into.


TSE:7952
59GF Score
Kawai Musical Instruments Manufacturing Co Ltd TSE:7952
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kawai Musical Instruments Manufacturing 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.

Kawai Musical Instruments Manufacturing Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (4876 + 5280) / 2 ) / 53307*365
=5078 / 53307*365
=34.77

Kawai Musical Instruments Manufacturing Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5394 + 5280) / 2 ) / 13783*365 / 4
=5337 / 13783*365 / 4
=35.33

* 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 35.33 mean?
Kawai Musical Instruments Manufacturing Co (TSE:7952) has a Days Payable of 35.33 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 Kawai Musical Instruments Manufacturing Co and its competitors. This is 12% above median its historical median of 31.50. Over the past decade, Kawai Musical Instruments Manufacturing Co's Days Payable has ranged from 22.02 to 38.07. According to the industry distribution chart, Kawai Musical Instruments Manufacturing Co ranks #506 out of 780 companies in the Travel & Leisure industry, placing it in the top 64.9%.
Is Kawai Musical Instruments Manufacturing Co's Days Payable too high?
Kawai Musical Instruments Manufacturing Co's current Days Payable of 35.33 is 12% above median its 10-year median of 31.50. Over the past 10 years, this metric has ranged from a low of 22.02 to a high of 38.07. The Travel & Leisure industry median Days Payable is 56.39. Kawai Musical Instruments Manufacturing Co's value of 35.33 is 37.3% below this industry median. Based on the distribution chart, Kawai Musical Instruments Manufacturing Co ranks #506 out of 780 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Kawai Musical Instruments Manufacturing Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawai Musical Instruments Manufacturing Co's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Kawai Musical Instruments Manufacturing Co ranks #506 out of 780 companies for Days Payable. This places Kawai Musical Instruments Manufacturing Co in the lower half of its industry. The industry median Days Payable is 56.39. Kawai Musical Instruments Manufacturing Co's value of 35.33 is 37.3% below this benchmark. Historically, Kawai Musical Instruments Manufacturing Co's own Days Payable has ranged from 22.02 to 38.07 over the past decade. While the company's 10-year median is 31.50 vs. the industry median of 56.39, Kawai Musical Instruments Manufacturing 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.39, based on 780 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. Kawai Musical Instruments Manufacturing Co's current Days Payable of 35.33 is 37.3% 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 Kawai Musical Instruments Manufacturing Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawai Musical Instruments Manufacturing Co's current Days Payable is 35.33, which is 12% above median its own 10-year median of 31.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawai Musical Instruments Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Kawai Musical Instruments Manufacturing Co (TSE:7952) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,737.66, compared to a current price of 円3,570.00 — trading 30.4% above its estimated fair value. The current Days Payable is 35.33, which is 12% above median its 10-year median of 31.50 and 37.3% below the Travel & Leisure industry median of 56.39. Kawai Musical Instruments Manufacturing Co's overall GF Score™ is 59/100 with 10 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 Kawai Musical Instruments Manufacturing Co (TSE:7952), the current Days Payable is 35.33 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 Kawai Musical Instruments Manufacturing Co (TSE:7952) Overvalued in 2026?

Based on GuruFocus' analysis, Kawai Musical Instruments Manufacturing Co stock appears to be overvalued. The current stock price of 円3,570.00 is trading 30.4% above its estimated GF Value™ of 円2,737.66. GuruFocus considers Kawai Musical Instruments Manufacturing Co to be Modestly Overvalued.

Key valuation signals for TSE:7952:

  • Days Payable: 35.33 (12% above median its 10-year median of 31.50)
  • GF Value™: 円2,737.66 vs. price of 円3,570.00 (30.4% above fair value)
  • GF Score™: 59/100 with 10 warning signs
  • Industry Position: 37.3% below the Travel & Leisure median (#506 of 780)

No single metric tells the full story. See the TSE:7952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kawai Musical Instruments Manufacturing Co Business Description

Address 200 Terajima-cho Naka-ku, Shizuoka, Hamamatsu, JPN, 430-8665
Kawai Musical Instruments Manufacturing Co Ltd is a Japan-based musical instrument manufacturer. The company is mainly engaged in manufacturing and sales of musical instruments, precision metals, wood products, and electronic devices. Products offered by the company include grand pianos, upright pianos, digital pianos, hybrid pianos, and anytime pianos. It sells its products under the brand name Philosophy, Legacy, Artists, Competitions, and Institutions. Kawai has world-wide sales networks, it distributes its products in Europe, America, Asia and Oceania, Africa and the Middle East. The company is also engaged in the development and sales of software and operations of music schools, and gymnastics schools.
59GF Score

Get the complete analysis for TSE:7952

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

円3,570.00
Price
円2,737.66
GF Value