Tosho CoTSE:8920 -0.92%88 Days Payable is 0.01 as of Mar. 2026, which is 50% below its 10-year median of 0.02. GuruFocus rates TSE:8920 with a GF Score™ of 88/100 and a GF Value™ of 円649.00 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 505 Conglomerates companies, Tosho Co ranks worse than 100% on this metric.
Tosho Co's average Accounts Payable for the
three
months ended in Mar. 2026 was 円1 Mil. Tosho Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円4,702 Mil.
Hence, Tosho Co's Days Payable for the
three
months ended in Mar. 2026 was 0.01.
The historical rank and industry rank for Tosho Co's Days Payable or its related term are showing as below:
TSE:8920'
s Days Payable Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.04
Current: 0.01
During the past 13 years, Tosho Co's highest Days Payable was 0.04. The lowest was 0.01. And the median was 0.02.
TSE:8920's Days Payable is ranked worse than 100% of 505
companies
in the Conglomerates industry
Industry Median: 56.04
vs TSE:8920: 0.01
Tosho Co's Days Payable
declined
from Mar. 2025 (0.02) to Mar. 2026 (0.01).
It may suggest that Tosho Coaccelerated paying its suppliers.
Tosho Co Days Payable Related Terms
Tosho Co Days Payable Historical Data
* Premium members only.
The historical data trend for Tosho 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.
For the Conglomerates subindustry, Tosho 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.
Tosho Co Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tosho Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tosho 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.
Tosho 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.
Tosho Co (TSE:8920) has a Days Payable of 0.01 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 Tosho Co and its competitors. This is 50% below median its historical median of 0.02. Over the past decade, Tosho Co's Days Payable has ranged from 0.01 to 0.04. According to the industry distribution chart, Tosho Co ranks #505 out of 505 companies in the Conglomerates industry.
Is Tosho Co's Days Payable too high?
Tosho Co's current Days Payable of 0.01 is 50% below median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.04. The Conglomerates industry median Days Payable is 56.04. Tosho Co's value of 0.01 is 100% below this industry median. Based on the distribution chart, Tosho Co ranks #505 out of 505 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Tosho Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tosho Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Tosho Co ranks #505 out of 505 companies for Days Payable. This places Tosho Co in the lower half of its industry. The industry median Days Payable is 56.04. Tosho Co's value of 0.01 is 100% below this benchmark. Historically, Tosho Co's own Days Payable has ranged from 0.01 to 0.04 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 56.04, Tosho 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.04, based on 505 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. Tosho Co's current Days Payable of 0.01 is 100% 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 Tosho Co and its competitors. For the Conglomerates industry, the median Days Payable is 56.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tosho Co's current Days Payable is 0.01, which is 50% below median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosho Co stock overvalued right now?
Based on GuruFocus' analysis, Tosho Co (TSE:8920) is currently considered Modestly Overvalued. The stock's GF Value™ is 円649.00, compared to a current price of 円757.00 — trading 16.6% above its estimated fair value. The current Days Payable is 0.01, which is 50% below median its 10-year median of 0.02 and 100% below the Conglomerates industry median of 56.04. Tosho Co's overall GF Score™ is 88/100 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 Tosho Co (TSE:8920), the current Days Payable is 0.01 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 Tosho Co (TSE:8920) Overvalued in 2026?
Based on GuruFocus' analysis, Tosho Co stock appears to be overvalued.
The current stock price of 円757.00 is trading 16.6% above its estimated GF Value™ of 円649.00.
GuruFocus considers Tosho Co to be Modestly Overvalued.
Key valuation signals for TSE:8920:
Days Payable: 0.01 (50% below median its 10-year median of 0.02)
GF Value™: 円649.00 vs. price of 円757.00 (16.6% above fair value)
Industry Position: 100% below the Conglomerates median (#505 of 505)
No single metric tells the full story. See the TSE:8920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tosho Co Ltd is mainly engaged in the operation of sports clubs in Japan. It mainly operates membership sports clubs under the name Holiday Sports Club and golf practice ranges under the name Holiday Golf Garden. The company's business segment includes Sports club business; Hotel business and Real estate business. It generates maximum revenue from the Sports club business segment.
88GF Score
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