Airport Facilities Co (TSE:8864) Days Payable: 20.66 (As of Mar. 2026) — 21% Below Median


TSE:8864 Airport Facilities Co Ltd TSE:8864
76 GF Score
Price 円973.00
GF Value 円871.67
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Airport Facilities Co Days Payable?

Airport Facilities Co TSE:8864 +1.88% 76 Days Payable is 20.66 as of Mar. 2026, which is 21% below its 10-year median of 26.00. GuruFocus rates TSE:8864 with a GF Score™ of 76/100 and a GF Value™ of 円871.67 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,568 Real Estate companies, Airport Facilities Co ranks worse than 85.33% on this metric.

Airport Facilities Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,700 Mil. Airport Facilities Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円15,019 Mil. Hence, Airport Facilities Co's Days Payable for the six months ended in Mar. 2026 was 20.66.

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

TSE:8864' s Days Payable Range Over the Past 10 Years
Min: 16.72   Med: 26   Max: 32.31
Current: 22.99

During the past 13 years, Airport Facilities Co's highest Days Payable was 32.31. The lowest was 16.72. And the median was 26.00.

TSE:8864's Days Payable is ranked worse than
85.33% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs TSE:8864: 22.99

Airport Facilities Co's Days Payable increased from Mar. 2025 (18.47) to Mar. 2026 (20.66). It may suggest that Airport Facilities Co delayed paying its suppliers.


Airport Facilities Co Days Payable Historical Data

* Premium members only.

The historical data trend for Airport Facilities 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.

Airport Facilities Co Days Payable Chart

Airport Facilities Co 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 28.34 30.29 32.31 28.33 26.03

Airport Facilities Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 26.34 25.81 18.47 22.44 20.66

TSE:8864 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Airport Facilities 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.


Airport Facilities Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Airport Facilities Co's Days Payable distribution charts can be found below:

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


TSE:8864
76GF Score
Airport Facilities Co Ltd TSE:8864
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Airport Facilities 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.

Airport Facilities Co'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
=( (1812 + 2122) / 2 ) / 27584*365
=1967 / 27584*365
=26.03

Airport Facilities Co'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1278 + 2122) / 2 ) / 15019*365 / 2
=1700 / 15019*365 / 2
=20.66

* 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 20.66 mean?
Airport Facilities Co (TSE:8864) has a Days Payable of 20.66 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 Airport Facilities Co and its competitors. This is 21% below median its historical median of 26.00. Over the past decade, Airport Facilities Co's Days Payable has ranged from 16.72 to 32.31. According to the industry distribution chart, Airport Facilities Co ranks #1338 out of 1568 companies in the Real Estate industry, placing it in the top 85.3%.
Is Airport Facilities Co's Days Payable too high?
Airport Facilities Co's current Days Payable of 20.66 is 21% below median its 10-year median of 26.00. Over the past 10 years, this metric has ranged from a low of 16.72 to a high of 32.31. The Real Estate industry median Days Payable is 94.21. Airport Facilities Co's value of 20.66 is 78.1% below this industry median. Based on the distribution chart, Airport Facilities Co ranks #1338 out of 1568 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Airport Facilities Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airport Facilities Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Airport Facilities Co ranks #1338 out of 1568 companies for Days Payable. This places Airport Facilities Co in the lower half of its industry. The industry median Days Payable is 94.21. Airport Facilities Co's value of 20.66 is 78.1% below this benchmark. Historically, Airport Facilities Co's own Days Payable has ranged from 16.72 to 32.31 over the past decade. While the company's 10-year median is 26.00 vs. the industry median of 94.21, Airport Facilities 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 94.21, based on 1,568 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. Airport Facilities Co's current Days Payable of 20.66 is 78.1% 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 Airport Facilities Co and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airport Facilities Co's current Days Payable is 20.66, which is 21% below median its own 10-year median of 26.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airport Facilities Co stock overvalued right now?
Based on GuruFocus' analysis, Airport Facilities Co (TSE:8864) is currently considered Modestly Overvalued. The stock's GF Value™ is 円871.67, compared to a current price of 円973.00 — trading 11.6% above its estimated fair value. The current Days Payable is 20.66, which is 21% below median its 10-year median of 26.00 and 78.1% below the Real Estate industry median of 94.21. Airport Facilities Co's overall GF Score™ is 76/100 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 Airport Facilities Co (TSE:8864), the current Days Payable is 20.66 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 Airport Facilities Co (TSE:8864) Overvalued in 2026?

Based on GuruFocus' analysis, Airport Facilities Co stock appears to be overvalued. The current stock price of 円973.00 is trading 11.6% above its estimated GF Value™ of 円871.67. GuruFocus considers Airport Facilities Co to be Modestly Overvalued.

Key valuation signals for TSE:8864:

  • Days Payable: 20.66 (21% below median its 10-year median of 26.00)
  • GF Value™: 円871.67 vs. price of 円973.00 (11.6% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 78.1% below the Real Estate median (#1338 of 1568)

No single metric tells the full story. See the TSE:8864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airport Facilities Co Business Description

Address 1-6-5 Haneda Airport, Ota-ku, 6-7F, Sogo Building No. 5, Tokyo, JPN, 144-0041
Airport Facilities Co Ltd is engaged in real estate leasing, heat supply business, and water supply and drainage management businesses. The company generates the majority of its revenue from the Real Estate business.
76GF Score

Get the complete analysis for TSE:8864

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

円973.00
Price
円871.67
GF Value