Land Business Co (TSE:8944) Days Payable: 12.34 (As of Mar. 2026) — 67% Above Median


TSE:8944 Land Business Co Ltd TSE:8944
65 GF Score
Price 円239.00
GF Value 円529.50
Valuation Possible Value Trap
! 5 Warning Signs
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What is Land Business Co Days Payable?

Land Business Co TSE:8944 -1.24% 65 Days Payable is 12.34 as of Mar. 2026, which is 67% above its 10-year median of 7.41. GuruFocus rates TSE:8944 with a GF Score™ of 65/100 and a GF Value™ of 円529.50 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,568 Real Estate companies, Land Business Co ranks worse than 85.65% on this metric.

Land Business Co's average Accounts Payable for the three months ended in Mar. 2026 was 円804 Mil. Land Business Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円5,946 Mil. Hence, Land Business Co's Days Payable for the three months ended in Mar. 2026 was 12.34.

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

TSE:8944' s Days Payable Range Over the Past 10 Years
Min: 4.64   Med: 7.41   Max: 26.47
Current: 22.11

During the past 13 years, Land Business Co's highest Days Payable was 26.47. The lowest was 4.64. And the median was 7.41.

TSE:8944's Days Payable is ranked worse than
85.65% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs TSE:8944: 22.11

Land Business Co's Days Payable declined from Mar. 2025 (21.74) to Mar. 2026 (12.34). It may suggest that Land Business Co accelerated paying its suppliers.


Land Business Co Days Payable Historical Data

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The historical data trend for Land Business 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.

Land Business Co Days Payable Chart

Land Business Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.97 5.49 7.25 26.47 24.98

Land Business Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 21.74 43.05 21.81 45.81 12.34

TSE:8944 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Land Business 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.


Land Business Co Days Payable vs Real Estate Industry

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

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


TSE:8944
65GF Score
Land Business Co Ltd TSE:8944
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Land Business 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.

Land Business Co's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (745.749 + 595.922) / 2 ) / 9802.275*365
=670.8355 / 9802.275*365
=24.98

Land Business 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (935.859 + 672.044) / 2 ) / 5946.268*365 / 4
=803.9515 / 5946.268*365 / 4
=12.34

* 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 12.34 mean?
Land Business Co (TSE:8944) has a Days Payable of 12.34 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 Land Business Co and its competitors. This is 67% above median its historical median of 7.41. Over the past decade, Land Business Co's Days Payable has ranged from 4.64 to 26.47. According to the industry distribution chart, Land Business Co ranks #1343 out of 1568 companies in the Real Estate industry, placing it in the top 85.7%.
Is Land Business Co's Days Payable too high?
Land Business Co's current Days Payable of 12.34 is 67% above median its 10-year median of 7.41. Over the past 10 years, this metric has ranged from a low of 4.64 to a high of 26.47. The Real Estate industry median Days Payable is 94.21. Land Business Co's value of 12.34 is 86.9% below this industry median. Based on the distribution chart, Land Business Co ranks #1343 out of 1568 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Land Business Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Land Business Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Land Business Co ranks #1343 out of 1568 companies for Days Payable. This places Land Business Co in the lower half of its industry. The industry median Days Payable is 94.21. Land Business Co's value of 12.34 is 86.9% below this benchmark. Historically, Land Business Co's own Days Payable has ranged from 4.64 to 26.47 over the past decade. While the company's 10-year median is 7.41 vs. the industry median of 94.21, Land Business 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. Land Business Co's current Days Payable of 12.34 is 86.9% 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 Land Business 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. Land Business Co's current Days Payable is 12.34, which is 67% above median its own 10-year median of 7.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land Business Co stock overvalued right now?
Based on GuruFocus' analysis, Land Business Co (TSE:8944) is currently considered Possible Value Trap. The stock's GF Value™ is 円529.50, compared to a current price of 円239.00 — trading 54.9% below its estimated fair value. The current Days Payable is 12.34, which is 67% above median its 10-year median of 7.41 and 86.9% below the Real Estate industry median of 94.21. Land Business Co's overall GF Score™ is 65/100 with 5 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 Land Business Co (TSE:8944), the current Days Payable is 12.34 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 Land Business Co (TSE:8944) Overvalued in 2026?

Based on GuruFocus' analysis, Land Business Co stock appears to be undervalued. The current stock price of 円239.00 is trading 54.9% below its estimated GF Value™ of 円529.50. GuruFocus considers Land Business Co to be Possible Value Trap.

Key valuation signals for TSE:8944:

  • Days Payable: 12.34 (67% above median its 10-year median of 7.41)
  • GF Value™: 円529.50 vs. price of 円239.00 (54.9% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 86.9% below the Real Estate median (#1343 of 1568)

No single metric tells the full story. See the TSE:8944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Land Business Co Business Description

Address Kasumigaseki 3-2-5, Kasumigaseki Building 30th Floor, Chiyoda-ku, Tokyo, JPN
Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.
65GF Score

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

円239.00
Price
円529.50
GF Value