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T. KawabeTSE:8123 -0.82%63 Days Payable is 75.06 as of Mar. 2026, which is 18% below its 10-year median of 91.90. GuruFocus rates TSE:8123 with a GF Score™ of 63/100 and a GF Value™ of 円1,334.47 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, T. Kawabe ranks better than 69.98% on this metric.
T. Kawabe's average Accounts Payable for the
six
months ended in Mar. 2026 was 円1,659 Mil. T. Kawabe's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円4,033 Mil.
Hence, T. Kawabe's Days Payable for the
six
months ended in Mar. 2026 was 75.06.
The historical rank and industry rank for T. Kawabe's Days Payable or its related term are showing as below:
TSE:8123'
s Days Payable Range Over the Past 10 Years
Min: 79.42 Med: 91.9 Max: 102.6
Current: 84.76
During the past 13 years, T. Kawabe's highest Days Payable was 102.60. The lowest was 79.42. And the median was 91.90.
TSE:8123's Days Payable is ranked better than 69.98% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18
vs TSE:8123: 84.76
T. Kawabe's Days Payable
declined
from Mar. 2025 (78.84) to Mar. 2026 (75.06).
It may suggest that T. Kawabeaccelerated paying its suppliers.
T. Kawabe Days Payable Related Terms
T. Kawabe Days Payable Historical Data
* Premium members only.
The historical data trend for T. Kawabe'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, T. Kawabe'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.
T. Kawabe Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, T. Kawabe's Days Payable distribution charts can be found below:
* The bar in red indicates where T. Kawabe'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.
T. Kawabe'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.
T. Kawabe (TSE:8123) has a Days Payable of 75.06 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 T. Kawabe and its competitors. This is 18% below median its historical median of 91.90. Over the past decade, T. Kawabe's Days Payable has ranged from 79.42 to 102.60. According to the industry distribution chart, T. Kawabe ranks #305 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 30%.
Is T. Kawabe's Days Payable too high?
T. Kawabe's current Days Payable of 75.06 is 18% below median its 10-year median of 91.90. Over the past 10 years, this metric has ranged from a low of 79.42 to a high of 102.60. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. T. Kawabe's value of 75.06 is 38.5% above this industry median. Based on the distribution chart, T. Kawabe ranks #305 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, T. Kawabe has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does T. Kawabe's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, T. Kawabe ranks #305 out of 1016 companies for Days Payable. This puts T. Kawabe in the upper half of its industry. The industry median Days Payable is 54.18. T. Kawabe's value of 75.06 is 38.5% above this benchmark. Historically, T. Kawabe's own Days Payable has ranged from 79.42 to 102.60 over the past decade. While the company's 10-year median is 91.90 vs. the industry median of 54.18, T. Kawabe 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.18, based on 1,016 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. T. Kawabe's current Days Payable of 75.06 is 38.5% 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 T. Kawabe and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T. Kawabe's current Days Payable is 75.06, which is 18% below median its own 10-year median of 91.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T. Kawabe stock overvalued right now?
Based on GuruFocus' analysis, T. Kawabe (TSE:8123) is currently considered Fairly Valued. The stock's GF Value™ is 円1,334.47, compared to a current price of 円1,328.00 — trading 0.5% below its estimated fair value. The current Days Payable is 75.06, which is 18% below median its 10-year median of 91.90 and 38.5% above the Manufacturing - Apparel & Accessories industry median of 54.18. T. Kawabe's overall GF Score™ is 63/100 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 T. Kawabe (TSE:8123), the current Days Payable is 75.06 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 T. Kawabe (TSE:8123) Overvalued in 2026?
Based on GuruFocus' analysis, T. Kawabe stock appears to be undervalued.
The current stock price of 円1,328.00 is trading 0.5% below its estimated GF Value™ of 円1,334.47.
GuruFocus considers T. Kawabe to be Fairly Valued.
Key valuation signals for TSE:8123:
Days Payable: 75.06 (18% below median its 10-year median of 91.90)
GF Value™: 円1,334.47 vs. price of 円1,328.00 (0.5% below fair value)
Industry Position: 38.5% above the Manufacturing - Apparel & Accessories median (#305 of 1016)
No single metric tells the full story. See the TSE:8123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T. Kawabe & Co Ltd is a manufacturer and trader of handkerchiefs, scarves, mufflers, aprons, and towels. The company operates in two business segments. The Personal Items segment manufactures, sells, imports, and exports handkerchiefs, scarves, mufflers, towels, and fabric products. The Fragrance segment manufactures, sells, imports, and exports perfumes. It generates the majority of its revenue from the Personal Items segment.
63GF Score
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