Meiwa Estate Co (TSE:8869) Days Payable: 10.10 (As of Mar. 2026) — 59% Below Median

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TSE:8869 Meiwa Estate Co Ltd TSE:8869
69 GF Score
Price 円837.00
GF Value 円1,220.15
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Meiwa Estate Co Days Payable?

Meiwa Estate Co TSE:8869 -1.06% 69 Days Payable is 10.10 as of Mar. 2026, which is 59% below its 10-year median of 24.85. GuruFocus rates TSE:8869 with a GF Score™ of 69/100 and a GF Value™ of 円1,220.15 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,568 Real Estate companies, Meiwa Estate Co ranks worse than 94.64% on this metric.

Meiwa Estate Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,401 Mil. Meiwa Estate Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円25,303 Mil. Hence, Meiwa Estate Co's Days Payable for the six months ended in Mar. 2026 was 10.10.

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

TSE:8869' s Days Payable Range Over the Past 10 Years
Min: 7.73   Med: 24.85   Max: 34.22
Current: 7.73

During the past 13 years, Meiwa Estate Co's highest Days Payable was 34.22. The lowest was 7.73. And the median was 24.85.

TSE:8869's Days Payable is ranked worse than
94.64% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs TSE:8869: 7.73

Meiwa Estate Co's Days Payable increased from Mar. 2025 (8.06) to Mar. 2026 (10.10). It may suggest that Meiwa Estate Co delayed paying its suppliers.


Meiwa Estate Co Days Payable Historical Data

* Premium members only.

The historical data trend for Meiwa 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.

Meiwa Estate Co Days Payable Chart

Meiwa Estate 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 26.91 34.22 22.78 11.74 8.11

Meiwa Estate 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 17.46 13.33 8.06 6.13 10.10

TSE:8869 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Meiwa 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.


Meiwa Estate Co Days Payable vs Real Estate Industry

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

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


TSE:8869
69GF Score
Meiwa Estate Co Ltd TSE:8869
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiwa Estate 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.

Meiwa Estate 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
=( (1706 + 1445) / 2 ) / 70930*365
=1575.5 / 70930*365
=8.11

Meiwa Estate 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
=( (1357 + 1445) / 2 ) / 25303*365 / 2
=1401 / 25303*365 / 2
=10.10

* 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 10.10 mean?
Meiwa Estate Co (TSE:8869) has a Days Payable of 10.10 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 Meiwa Estate Co and its competitors. This is 59% below median its historical median of 24.85. Over the past decade, Meiwa Estate Co's Days Payable has ranged from 7.73 to 34.22. According to the industry distribution chart, Meiwa Estate Co ranks #1484 out of 1568 companies in the Real Estate industry, placing it in the top 94.6%.
Is Meiwa Estate Co's Days Payable too high?
Meiwa Estate Co's current Days Payable of 10.10 is 59% below median its 10-year median of 24.85. Over the past 10 years, this metric has ranged from a low of 7.73 to a high of 34.22. The Real Estate industry median Days Payable is 94.21. Meiwa Estate Co's value of 10.10 is 89.3% below this industry median. Based on the distribution chart, Meiwa Estate Co ranks #1484 out of 1568 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Meiwa Estate Co has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Meiwa Estate Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Meiwa Estate Co ranks #1484 out of 1568 companies for Days Payable. This places Meiwa Estate Co in the lower half of its industry. The industry median Days Payable is 94.21. Meiwa Estate Co's value of 10.10 is 89.3% below this benchmark. Historically, Meiwa Estate Co's own Days Payable has ranged from 7.73 to 34.22 over the past decade. While the company's 10-year median is 24.85 vs. the industry median of 94.21, Meiwa 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 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. Meiwa Estate Co's current Days Payable of 10.10 is 89.3% 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 Meiwa Estate 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. Meiwa Estate Co's current Days Payable is 10.10, which is 59% below median its own 10-year median of 24.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiwa Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Meiwa Estate Co (TSE:8869) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,220.15, compared to a current price of 円837.00 — trading 31.4% below its estimated fair value. The current Days Payable is 10.10, which is 59% below median its 10-year median of 24.85 and 89.3% below the Real Estate industry median of 94.21. Meiwa Estate Co's overall GF Score™ is 69/100 with 6 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 Meiwa Estate Co (TSE:8869), the current Days Payable is 10.10 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 Meiwa Estate Co (TSE:8869) Overvalued in 2026?

Based on GuruFocus' analysis, Meiwa Estate Co stock appears to be undervalued. The current stock price of 円837.00 is trading 31.4% below its estimated GF Value™ of 円1,220.15. GuruFocus considers Meiwa Estate Co to be Significantly Undervalued.

Key valuation signals for TSE:8869:

  • Days Payable: 10.10 (59% below median its 10-year median of 24.85)
  • GF Value™: 円1,220.15 vs. price of 円837.00 (31.4% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 89.3% below the Real Estate median (#1484 of 1568)

No single metric tells the full story. See the TSE:8869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiwa Estate Co Business Description

Address 9-6 Shinsen-cho, Shibuya-ku, Meiwa Real Estate Shibuya Shinsen Building, Tokyo, JPN, 150-8555
Meiwa Estate Co Ltd is a Japan-based real estate development company. It develops, sells, leases, and manages condominiums and other real estate properties. The company also provides brokerage services, sells furniture and interior decorations, lending and mortgage services. The company operates in the business segments which include Condominium Sales Business, Distribution Business, Management Business, Leasing Business, and Other business.
69GF Score

Get the complete analysis for TSE:8869

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

円837.00
Price
円1,220.15
GF Value