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KING CoTSE:8118 +0.67%60 Days Payable is 50.41 as of Mar. 2026, which is 19% below its 10-year median of 62.36. GuruFocus rates TSE:8118 with a GF Score™ of 60/100 and a GF Value™ of 円688.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, KING Co ranks worse than 51.86% on this metric.
KING Co's average Accounts Payable for the
three
months ended in Mar. 2026 was 円469 Mil. KING Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円848 Mil.
Hence, KING Co's Days Payable for the
three
months ended in Mar. 2026 was 50.41.
The historical rank and industry rank for KING Co's Days Payable or its related term are showing as below:
TSE:8118'
s Days Payable Range Over the Past 10 Years
Min: 39.91 Med: 62.36 Max: 68.94
Current: 50.69
During the past 13 years, KING Co's highest Days Payable was 68.94. The lowest was 39.91. And the median was 62.36.
TSE:8118's Days Payable is ranked worse than 51.86% of 1022
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.04
vs TSE:8118: 50.69
KING Co's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (50.41).
It may suggest that KING Codelayed paying its suppliers.
The historical data trend for KING 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.
For the Textile Manufacturing subindustry, KING 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.
KING Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KING Co's Days Payable distribution charts can be found below:
* The bar in red indicates where KING Co'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.
KING Co'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.
KING Co (TSE:8118) has a Days Payable of 50.41 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 KING Co and its competitors. This is 19% below median its historical median of 62.36. Over the past decade, KING Co's Days Payable has ranged from 39.91 to 68.94. According to the industry distribution chart, KING Co ranks #530 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 51.9%.
Is KING Co's Days Payable too high?
KING Co's current Days Payable of 50.41 is 19% below median its 10-year median of 62.36. Over the past 10 years, this metric has ranged from a low of 39.91 to a high of 68.94. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.04. KING Co's value of 50.41 is 5% below this industry median. Based on the distribution chart, KING Co ranks #530 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, KING Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KING Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, KING Co ranks #530 out of 1022 companies for Days Payable. This places KING Co in the lower half of its industry. The industry median Days Payable is 53.04. KING Co's value of 50.41 is 5% below this benchmark. Historically, KING Co's own Days Payable has ranged from 39.91 to 68.94 over the past decade. While the company's 10-year median is 62.36 vs. the industry median of 53.04, KING 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.04, based on 1,022 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. KING Co's current Days Payable of 50.41 is 5% 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 KING Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KING Co's current Days Payable is 50.41, which is 19% below median its own 10-year median of 62.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KING Co stock overvalued right now?
Based on GuruFocus' analysis, KING Co (TSE:8118) is currently considered Significantly Overvalued. The stock's GF Value™ is 円688.14, compared to a current price of 円1,198.00 — trading 74.1% above its estimated fair value. The current Days Payable is 50.41, which is 19% below median its 10-year median of 62.36 and 5% below the Manufacturing - Apparel & Accessories industry median of 53.04. KING Co's overall GF Score™ is 60/100 with 4 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 KING Co (TSE:8118), the current Days Payable is 50.41 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 KING Co (TSE:8118) Overvalued in 2026?
Based on GuruFocus' analysis, KING Co stock appears to be overvalued.
The current stock price of 円1,198.00 is trading 74.1% above its estimated GF Value™ of 円688.14.
GuruFocus considers KING Co to be Significantly Overvalued.
Key valuation signals for TSE:8118:
Days Payable: 50.41 (19% below median its 10-year median of 62.36)
GF Value™: 円688.14 vs. price of 円1,198.00 (74.1% above fair value)
Industry Position: 5% below the Manufacturing - Apparel & Accessories median (#530 of 1022)
No single metric tells the full story. See the TSE:8118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KING Co Ltd is a textile producer and apparel maker of cloths. The company produces printed textiles and manufactures ready-made suits, sweaters, jackets, skirts, slacks, scarves, bags, and others. It sells its products under the brand name PINORE, C'EST CHIC'A, LUPUY, AUSTIN REED, PRIDE BIS, among others.
60GF Score
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