Joshin (TSE:8173) Days Payable: 44.12 (As of Mar. 2026) — 29% Above Median


TSE:8173 Joshin Corp TSE:8173
60 GF Score
Price 円3,625.00
GF Value 円2,619.87
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Joshin Days Payable?

Joshin TSE:8173 -0.82% 60 Days Payable is 44.12 as of Mar. 2026, which is 29% above its 10-year median of 34.27. GuruFocus rates TSE:8173 with a GF Score™ of 60/100 and a GF Value™ of 円2,619.87 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,096 Retail - Cyclical companies, Joshin ranks worse than 62.68% on this metric.

Joshin's average Accounts Payable for the three months ended in Mar. 2026 was 円40,116 Mil. Joshin's Cost of Goods Sold for the three months ended in Mar. 2026 was 円82,970 Mil. Hence, Joshin's Days Payable for the three months ended in Mar. 2026 was 44.12.

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

TSE:8173' s Days Payable Range Over the Past 10 Years
Min: 32.16   Med: 34.27   Max: 39.58
Current: 39.58

During the past 13 years, Joshin's highest Days Payable was 39.58. The lowest was 32.16. And the median was 34.27.

TSE:8173's Days Payable is ranked worse than
62.68% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 51.865 vs TSE:8173: 39.58

Joshin's Days Payable increased from Mar. 2025 (42.81) to Mar. 2026 (44.12). It may suggest that Joshin delayed paying its suppliers.


Joshin Days Payable Historical Data

* Premium members only.

The historical data trend for Joshin'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.

Joshin Days Payable Chart

Joshin 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 34.74 33.80 32.20 32.58 32.16

Joshin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 42.81 39.04 37.49 44.67 44.12

TSE:8173 vs CASY, WSM, DKS: Days Payable Comparison

For the Specialty Retail subindustry, Joshin'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.


Joshin Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Joshin's Days Payable distribution charts can be found below:

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


TSE:8173
60GF Score
Joshin Corp TSE:8173
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Joshin 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.

Joshin'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
=( (29227 + 28725) / 2 ) / 328863*365
=28976 / 328863*365
=32.16

Joshin'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
=( (51506 + 28725) / 2 ) / 82970*365 / 4
=40115.5 / 82970*365 / 4
=44.12

* 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 44.12 mean?
Joshin (TSE:8173) has a Days Payable of 44.12 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 Joshin and its competitors. This is 29% above median its historical median of 34.27. Over the past decade, Joshin's Days Payable has ranged from 32.16 to 39.58. According to the industry distribution chart, Joshin ranks #687 out of 1096 companies in the Retail - Cyclical industry, placing it in the top 62.7%.
Is Joshin's Days Payable too high?
Joshin's current Days Payable of 44.12 is 29% above median its 10-year median of 34.27. Over the past 10 years, this metric has ranged from a low of 32.16 to a high of 39.58. The Retail - Cyclical industry median Days Payable is 51.87. Joshin's value of 44.12 is 14.9% below this industry median. Based on the distribution chart, Joshin ranks #687 out of 1096 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Joshin has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Joshin's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Joshin ranks #687 out of 1096 companies for Days Payable. This places Joshin in the lower half of its industry. The industry median Days Payable is 51.87. Joshin's value of 44.12 is 14.9% below this benchmark. Historically, Joshin's own Days Payable has ranged from 32.16 to 39.58 over the past decade. While the company's 10-year median is 34.27 vs. the industry median of 51.87, Joshin 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.87, based on 1,096 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. Joshin's current Days Payable of 44.12 is 14.9% 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 Joshin and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joshin's current Days Payable is 44.12, which is 29% above median its own 10-year median of 34.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joshin stock overvalued right now?
Based on GuruFocus' analysis, Joshin (TSE:8173) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,619.87, compared to a current price of 円3,625.00 — trading 38.4% above its estimated fair value. The current Days Payable is 44.12, which is 29% above median its 10-year median of 34.27 and 14.9% below the Retail - Cyclical industry median of 51.87. Joshin's overall GF Score™ is 60/100 with 8 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 Joshin (TSE:8173), the current Days Payable is 44.12 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 Joshin (TSE:8173) Overvalued in 2026?

Based on GuruFocus' analysis, Joshin stock appears to be overvalued. The current stock price of 円3,625.00 is trading 38.4% above its estimated GF Value™ of 円2,619.87. GuruFocus considers Joshin to be Significantly Overvalued.

Key valuation signals for TSE:8173:

  • Days Payable: 44.12 (29% above median its 10-year median of 34.27)
  • GF Value™: 円2,619.87 vs. price of 円3,625.00 (38.4% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 14.9% below the Retail - Cyclical median (#687 of 1096)

No single metric tells the full story. See the TSE:8173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joshin Business Description

Address 1-6-5 Nihonbashi Nishi, Naniwa-ku, Osaka, JPN, 556-8550
Joshin Corp is engaged in the sale of electric appliances. The company operates specialty stores for electrical home appliances, information communications equipment, entertainment products, housing equipment and other related products.
60GF Score

Get the complete analysis for TSE:8173

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

円3,625.00
Price
円2,619.87
GF Value