HEIWADO Co (TSE:8276) Days Payable: 41.29 (As of Feb. 2026) — Near Median

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TSE:8276 HEIWADO Co Ltd TSE:8276
79 GF Score
Price 円2,558.00
GF Value 円2,758.86
Valuation Fairly Valued
! 2 Warning Signs
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What is HEIWADO Co Days Payable?

HEIWADO Co TSE:8276 -1.27% 79 Days Payable is 41.29 as of Feb. 2026, which is 5% above its 10-year median of 39.46. GuruFocus rates TSE:8276 with a GF Score™ of 79/100 and a GF Value™ of 円2,758.86 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,105 Retail - Cyclical companies, HEIWADO Co ranks worse than 59.64% on this metric.

HEIWADO Co's average Accounts Payable for the three months ended in Feb. 2026 was 円34,234 Mil. HEIWADO Co's Cost of Goods Sold for the three months ended in Feb. 2026 was 円75,649 Mil. Hence, HEIWADO Co's Days Payable for the three months ended in Feb. 2026 was 41.29.

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

TSE:8276' s Days Payable Range Over the Past 10 Years
Min: 38.24   Med: 39.46   Max: 42.03
Current: 42.03

During the past 13 years, HEIWADO Co's highest Days Payable was 42.03. The lowest was 38.24. And the median was 39.46.

TSE:8276's Days Payable is ranked worse than
59.64% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 51.29 vs TSE:8276: 42.03

HEIWADO Co's Days Payable increased from Feb. 2025 (39.98) to Feb. 2026 (41.29). It may suggest that HEIWADO Co delayed paying its suppliers.


HEIWADO Co Days Payable Historical Data

* Premium members only.

The historical data trend for HEIWADO 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.

HEIWADO Co Days Payable Chart

HEIWADO Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.50 40.84 39.54 39.43 40.58

HEIWADO Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 41.65 41.20 44.12 41.29 42.57

TSE:8276 vs DDS: Days Payable Comparison

For the Department Stores subindustry, HEIWADO 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.


HEIWADO Co Days Payable vs Retail - Cyclical Industry

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

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


TSE:8276
79GF Score
HEIWADO Co Ltd TSE:8276
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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HEIWADO 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.

HEIWADO Co's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as

Days Payable (A: Feb. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2025 ) + Accounts Payable (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (31479 + 33017) / 2 ) / 290031*365
=32248 / 290031*365
=40.58

HEIWADO Co's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (35451 + 33017) / 2 ) / 75649*365 / 4
=34234 / 75649*365 / 4
=41.29

* 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 41.29 mean?
HEIWADO Co (TSE:8276) has a Days Payable of 41.29 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on HEIWADO Co and its competitors. This is near median its historical median of 39.46. Over the past decade, HEIWADO Co's Days Payable has ranged from 38.24 to 42.03. According to the industry distribution chart, HEIWADO Co ranks #659 out of 1105 companies in the Retail - Cyclical industry, placing it in the top 59.6%.
Is HEIWADO Co's Days Payable too high?
HEIWADO Co's current Days Payable of 41.29 is near median its 10-year median of 39.46. Over the past 10 years, this metric has ranged from a low of 38.24 to a high of 42.03. The Retail - Cyclical industry median Days Payable is 51.29. HEIWADO Co's value of 41.29 is 19.5% below this industry median. Based on the distribution chart, HEIWADO Co ranks #659 out of 1105 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, HEIWADO Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HEIWADO Co's Days Payable compare to DDS?
According to the Retail - Cyclical industry distribution chart, HEIWADO Co ranks #659 out of 1105 companies for Days Payable. This places HEIWADO Co in the lower half of its industry. The industry median Days Payable is 51.29. HEIWADO Co's value of 41.29 is 19.5% below this benchmark. Historically, HEIWADO Co's own Days Payable has ranged from 38.24 to 42.03 over the past decade. While the company's 10-year median is 39.46 vs. the industry median of 51.29, HEIWADO 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.29, based on 1,105 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. HEIWADO Co's current Days Payable of 41.29 is 19.5% 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 HEIWADO Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HEIWADO Co's current Days Payable is 41.29, which is near median its own 10-year median of 39.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HEIWADO Co stock overvalued right now?
Based on GuruFocus' analysis, HEIWADO Co (TSE:8276) is currently considered Fairly Valued. The stock's GF Value™ is 円2,758.86, compared to a current price of 円2,558.00 — trading 7.3% below its estimated fair value. The current Days Payable is 41.29, which is near median its 10-year median of 39.46 and 19.5% below the Retail - Cyclical industry median of 51.29. HEIWADO Co's overall GF Score™ is 79/100 with 2 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 HEIWADO Co (TSE:8276), the current Days Payable is 41.29 as of Feb. 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 HEIWADO Co (TSE:8276) Overvalued in 2026?

Based on GuruFocus' analysis, HEIWADO Co stock appears to be undervalued. The current stock price of 円2,558.00 is trading 7.3% below its estimated GF Value™ of 円2,758.86. GuruFocus considers HEIWADO Co to be Fairly Valued.

Key valuation signals for TSE:8276:

  • Days Payable: 41.29 (near median its 10-year median of 39.46)
  • GF Value™: 円2,758.86 vs. price of 円2,558.00 (7.3% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 19.5% below the Retail - Cyclical median (#659 of 1105)

No single metric tells the full story. See the TSE:8276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HEIWADO Co Business Description

Address 31, Koizumi-cho, Hikone-shi, Shiga-ken, JPN, 522-8511
HEIWADO Co Ltd is a Japan-based company that is mainly engaged in the retail business. The company's stores offer a broad range of merchandise, including foods, apparel, housing-related goods, etc. The company also operates restaurant businesses, sales of books, CDs and DVDs, rental shops of CDs and DVDs, and others. The majority of the company's stores are located in Japan, with around half of them being located in the Shiga Prefecture, and the rest in other areas of Japan. The company also operates several department stores in Hunan province, China.
79GF Score

Get the complete analysis for TSE:8276

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

円2,558.00
Price
円2,758.86
GF Value