Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Heiwa Real Estate CoTSE:8803 -0.91%74 Days Payable is 17.91 as of Mar. 2026, which is 38% below its 10-year median of 29.11. GuruFocus rates TSE:8803 with a GF Score™ of 74/100 and a GF Value™ of 円2,867.78 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,575 Real Estate companies, Heiwa Real Estate Co ranks worse than 78.79% on this metric.
The historical rank and industry rank for Heiwa Real Estate Co's Days Payable or its related term are showing as below:
TSE:8803'
s Days Payable Range Over the Past 10 Years
Min: 21.09 Med: 29.11 Max: 58.76
Current: 34.03
During the past 13 years, Heiwa Real Estate Co's highest Days Payable was 58.76. The lowest was 21.09. And the median was 29.11.
TSE:8803's Days Payable is ranked worse than 78.79% of 1575
companies
in the Real Estate industry
Industry Median: 95.33
vs TSE:8803: 34.03
Heiwa Real Estate Co's Days Payable
increased
from Mar. 2025 (17.23) to Mar. 2026 (17.91).
It may suggest that Heiwa Real Estate Codelayed paying its suppliers.
The historical data trend for Heiwa Real Estate 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.
Heiwa Real Estate Co Days Payable Competitor Comparison
For the Real Estate - Diversified subindustry, Heiwa Real Estate 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.
Heiwa Real Estate Co Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Heiwa Real Estate Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Heiwa Real Estate 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.
Heiwa Real Estate 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.
Heiwa Real Estate Co (TSE:8803) has a Days Payable of 17.91 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 Heiwa Real Estate Co and its competitors. This is 38% below median its historical median of 29.11. Over the past decade, Heiwa Real Estate Co's Days Payable has ranged from 21.09 to 58.76. According to the industry distribution chart, Heiwa Real Estate Co ranks #1241 out of 1575 companies in the Real Estate industry, placing it in the top 78.8%.
Is Heiwa Real Estate Co's Days Payable too high?
Heiwa Real Estate Co's current Days Payable of 17.91 is 38% below median its 10-year median of 29.11. Over the past 10 years, this metric has ranged from a low of 21.09 to a high of 58.76. The Real Estate industry median Days Payable is 95.33. Heiwa Real Estate Co's value of 17.91 is 81.2% below this industry median. Based on the distribution chart, Heiwa Real Estate Co ranks #1241 out of 1575 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Heiwa Real Estate Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heiwa Real Estate Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Heiwa Real Estate Co ranks #1241 out of 1575 companies for Days Payable. This places Heiwa Real Estate Co in the lower half of its industry. The industry median Days Payable is 95.33. Heiwa Real Estate Co's value of 17.91 is 81.2% below this benchmark. Historically, Heiwa Real Estate Co's own Days Payable has ranged from 21.09 to 58.76 over the past decade. While the company's 10-year median is 29.11 vs. the industry median of 95.33, Heiwa Real Estate 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 Real Estate company?
The median Days Payable among Real Estate companies is 95.33, based on 1,575 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. Heiwa Real Estate Co's current Days Payable of 17.91 is 81.2% 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 Heiwa Real Estate Co and its competitors. For the Real Estate industry, the median Days Payable is 95.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heiwa Real Estate Co's current Days Payable is 17.91, which is 38% below median its own 10-year median of 29.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Real Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Heiwa Real Estate Co (TSE:8803) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,867.78, compared to a current price of 円2,387.00 — trading 16.8% below its estimated fair value. The current Days Payable is 17.91, which is 38% below median its 10-year median of 29.11 and 81.2% below the Real Estate industry median of 95.33. Heiwa Real Estate Co's overall GF Score™ is 74/100 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 Heiwa Real Estate Co (TSE:8803), the current Days Payable is 17.91 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 Heiwa Real Estate Co (TSE:8803) Overvalued in 2026?
Based on GuruFocus' analysis, Heiwa Real Estate Co stock appears to be undervalued.
The current stock price of 円2,387.00 is trading 16.8% below its estimated GF Value™ of 円2,867.78.
GuruFocus considers Heiwa Real Estate Co to be Modestly Undervalued.
Key valuation signals for TSE:8803:
Days Payable: 17.91 (38% below median its 10-year median of 29.11)
GF Value™: 円2,867.78 vs. price of 円2,387.00 (16.8% below fair value)
Industry Position: 81.2% below the Real Estate median (#1241 of 1575)
No single metric tells the full story. See the TSE:8803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heiwa Real Estate Co Ltd is primarily engaged in the leasing and development of real estate properties. The company's operates three reporting segments. The leasing business consists of ownership, leasing, management, and operation of stock exchanges, offices, commercial facilities, housing, conference venues, restaurants, and others. The real estate solutions segment consists of the development, operation and management of income property; the development and sale of houses; and the brokerage of real estate. The other businesses segment manages and renovates buildings and also operates an insurance agency and a private nursing-home business.
74GF Score
Get the complete analysis for TSE:8803
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8803 has been successfully added to your 
