Tokyongyo Co (TSE:8070) Days Payable: 185.92 (As of Mar. 2026) — 87% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8070 Tokyo Sangyo Co Ltd TSE:8070
52 GF Score
Price 円946.00
GF Value 円738.90
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tokyongyo Co Days Payable?

Tokyongyo Co TSE:8070 +0.85% 52 Days Payable is 185.92 as of Mar. 2026, which is 87% above its 10-year median of 99.23. GuruFocus rates TSE:8070 with a GF Score™ of 52/100 and a GF Value™ of 円738.90 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 500 Conglomerates companies, Tokyongyo Co ranks better than 87.8% on this metric.

Tokyongyo Co's average Accounts Payable for the three months ended in Mar. 2026 was 円28,089 Mil. Tokyongyo Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円13,786 Mil. Hence, Tokyongyo Co's Days Payable for the three months ended in Mar. 2026 was 185.92.

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

TSE:8070' s Days Payable Range Over the Past 10 Years
Min: 47.18   Med: 99.23   Max: 226.73
Current: 153.63

During the past 13 years, Tokyongyo Co's highest Days Payable was 226.73. The lowest was 47.18. And the median was 99.23.

TSE:8070's Days Payable is ranked better than
87.8% of 500 companies
in the Conglomerates industry
Industry Median: 55.37 vs TSE:8070: 153.63

Tokyongyo Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (185.92). It may suggest that Tokyongyo Co delayed paying its suppliers.


Tokyongyo Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tokyongyo 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.

Tokyongyo Co Days Payable Chart

Tokyongyo 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 103.87 109.22 140.98 159.40 226.73

Tokyongyo Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 156.82 129.32 148.78 185.92 191.12

TSE:8070 vs MMM, HON: Days Payable Comparison

For the Conglomerates subindustry, Tokyongyo 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.


Tokyongyo Co Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tokyongyo Co's Days Payable distribution charts can be found below:

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


TSE:8070
52GF Score
Tokyo Sangyo Co Ltd TSE:8070
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyongyo 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.

Tokyongyo 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
=( (27502 + 37025) / 2 ) / 51939*365
=32263.5 / 51939*365
=226.73

Tokyongyo 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
=( (19152 + 37025) / 2 ) / 13786*365 / 4
=28088.5 / 13786*365 / 4
=185.92

* 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 185.92 mean?
Tokyongyo Co (TSE:8070) has a Days Payable of 185.92 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 Tokyongyo Co and its competitors. This is 87% above median its historical median of 99.23. Over the past decade, Tokyongyo Co's Days Payable has ranged from 47.18 to 226.73. According to the industry distribution chart, Tokyongyo Co ranks #61 out of 500 companies in the Conglomerates industry, placing it in the top 12.2%.
Is Tokyongyo Co's Days Payable too high?
Tokyongyo Co's current Days Payable of 185.92 is 87% above median its 10-year median of 99.23. Over the past 10 years, this metric has ranged from a low of 47.18 to a high of 226.73. The Conglomerates industry median Days Payable is 55.37. Tokyongyo Co's value of 185.92 is 235.8% above this industry median. Based on the distribution chart, Tokyongyo Co ranks #61 out of 500 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyongyo Co has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyongyo Co's Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tokyongyo Co ranks #61 out of 500 companies for Days Payable. This places Tokyongyo Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 55.37. Tokyongyo Co's value of 185.92 is 235.8% above this benchmark. Historically, Tokyongyo Co's own Days Payable has ranged from 47.18 to 226.73 over the past decade. While the company's 10-year median is 99.23 vs. the industry median of 55.37, Tokyongyo Co has consistently been above 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.37, based on 500 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. Tokyongyo Co's current Days Payable of 185.92 is 235.8% above 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 Tokyongyo Co and its competitors. For the Conglomerates industry, the median Days Payable is 55.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyongyo Co's current Days Payable is 185.92, which is 87% above median its own 10-year median of 99.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyongyo Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyongyo Co (TSE:8070) is currently considered Modestly Overvalued. The stock's GF Value™ is 円738.90, compared to a current price of 円946.00 — trading 28% above its estimated fair value. The current Days Payable is 185.92, which is 87% above median its 10-year median of 99.23 and 235.8% above the Conglomerates industry median of 55.37. Tokyongyo Co's overall GF Score™ is 52/100 with 3 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 Tokyongyo Co (TSE:8070), the current Days Payable is 185.92 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 Tokyongyo Co (TSE:8070) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyongyo Co stock appears to be overvalued. The current stock price of 円946.00 is trading 28% above its estimated GF Value™ of 円738.90. GuruFocus considers Tokyongyo Co to be Modestly Overvalued.

Key valuation signals for TSE:8070:

  • Days Payable: 185.92 (87% above median its 10-year median of 99.23)
  • GF Value™: 円738.90 vs. price of 円946.00 (28% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 235.8% above the Conglomerates median (#61 of 500)

No single metric tells the full story. See the TSE:8070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyongyo Co Business Description

Address 8th Floor, Shin-Otemachi Building, 2-1, Otemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004
Tokyo Sangyo Co Ltd is a manufacturer of electric power, environmental and industrial equipment and machinery. It is engaged in the domestic sales of machinery, plant facilities, materials, tools, and chemicals. International trading and Real estate leasing.
52GF Score

Get the complete analysis for TSE:8070

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

円946.00
Price
円738.90
GF Value