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Bitcoin JapanTSE:8105 -4.20%51 Days Payable is 42.73 as of Mar. 2026, which is 20% below its 10-year median of 53.63. GuruFocus rates TSE:8105 with a GF Score™ of 51/100 and a GF Value™ of 円37.00 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Bitcoin Japan ranks worse than 57.44% on this metric.
The historical rank and industry rank for Bitcoin Japan's Days Payable or its related term are showing as below:
TSE:8105'
s Days Payable Range Over the Past 10 Years
Min: 42.49 Med: 53.63 Max: 64.61
Current: 46.04
During the past 13 years, Bitcoin Japan's highest Days Payable was 64.61. The lowest was 42.49. And the median was 53.63.
TSE:8105's Days Payable is ranked worse than 57.44% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22
vs TSE:8105: 46.04
Bitcoin Japan's Days Payable
declined
from Mar. 2025 (47.98) to Mar. 2026 (42.73).
It may suggest that Bitcoin Japanaccelerated paying its suppliers.
Bitcoin Japan Days Payable Related Terms
Bitcoin Japan Days Payable Historical Data
* Premium members only.
The historical data trend for Bitcoin Japan'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:8105 vs RL, LEVI, VFC: Days Payable Comparison
For the Apparel Manufacturing subindustry, Bitcoin Japan'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.
Bitcoin Japan Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bitcoin Japan's Days Payable distribution charts can be found below:
* The bar in red indicates where Bitcoin Japan'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.
Bitcoin Japan's Days Payable for the fiscal year that ended in Mar. 2026 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.
Bitcoin Japan (TSE:8105) has a Days Payable of 42.73 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 Bitcoin Japan and its competitors. This is 20% below median its historical median of 53.63. Over the past decade, Bitcoin Japan's Days Payable has ranged from 42.49 to 64.61. According to the industry distribution chart, Bitcoin Japan ranks #583 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 57.4%.
Is Bitcoin Japan's Days Payable too high?
Bitcoin Japan's current Days Payable of 42.73 is 20% below median its 10-year median of 53.63. Over the past 10 years, this metric has ranged from a low of 42.49 to a high of 64.61. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Bitcoin Japan's value of 42.73 is 21.2% below this industry median. Based on the distribution chart, Bitcoin Japan ranks #583 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bitcoin Japan has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bitcoin Japan's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bitcoin Japan ranks #583 out of 1015 companies for Days Payable. This places Bitcoin Japan in the lower half of its industry. The industry median Days Payable is 54.22. Bitcoin Japan's value of 42.73 is 21.2% below this benchmark. Historically, Bitcoin Japan's own Days Payable has ranged from 42.49 to 64.61 over the past decade. While the company's 10-year median is 53.63 vs. the industry median of 54.22, Bitcoin Japan 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 54.22, based on 1,015 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. Bitcoin Japan's current Days Payable of 42.73 is 21.2% 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 Bitcoin Japan and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitcoin Japan's current Days Payable is 42.73, which is 20% below median its own 10-year median of 53.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Japan stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Japan (TSE:8105) is currently considered Significantly Overvalued. The stock's GF Value™ is 円37.00, compared to a current price of 円137.00 — trading 270.3% above its estimated fair value. The current Days Payable is 42.73, which is 20% below median its 10-year median of 53.63 and 21.2% below the Manufacturing - Apparel & Accessories industry median of 54.22. Bitcoin Japan's overall GF Score™ is 51/100 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 Bitcoin Japan (TSE:8105), the current Days Payable is 42.73 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 Bitcoin Japan (TSE:8105) Overvalued in 2026?
Based on GuruFocus' analysis, Bitcoin Japan stock appears to be overvalued.
The current stock price of 円137.00 is trading 270.3% above its estimated GF Value™ of 円37.00.
GuruFocus considers Bitcoin Japan to be Significantly Overvalued.
Key valuation signals for TSE:8105:
Days Payable: 42.73 (20% below median its 10-year median of 53.63)
GF Value™: 円37.00 vs. price of 円137.00 (270.3% above fair value)
Industry Position: 21.2% below the Manufacturing - Apparel & Accessories median (#583 of 1015)
No single metric tells the full story. See the TSE:8105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bitcoin Japan Corp operates at the intersection of Bitcoin-related financial services and artificial intelligence. The company is developing infrastructure intended to support Japan's participation in the emerging intelligence-focused economy, combining AI-related investments with a balance sheet that includes Bitcoin holdings.
51GF Score
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