Zero Co (TSE:9028) Days Payable: 27.41 (As of Jun. 2026) — Near Median

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TSE:9028 Zero Co Ltd TSE:9028
81 GF Score
Price 円3,550.00
GF Value 円2,808.16
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Zero Co Days Payable?

Zero Co TSE:9028 -0.98% 81 Days Payable is 27.41 as of Jun. 2026, which is 4% below its 10-year median of 28.45. GuruFocus rates TSE:9028 with a GF Score™ of 81/100 and a GF Value™ of 円2,808.16 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Zero Co ranks worse than 88.85% on this metric.

Zero Co's average Accounts Payable for the three months ended in Jun. 2026 was 円9,870 Mil. Zero Co's Cost of Goods Sold for the three months ended in Jun. 2026 was 円32,857 Mil. Hence, Zero Co's Days Payable for the three months ended in Jun. 2026 was 27.41.

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

TSE:9028' s Days Payable Range Over the Past 10 Years
Min: 26.68   Med: 28.45   Max: 33.74
Current: 26.68

During the past 13 years, Zero Co's highest Days Payable was 33.74. The lowest was 26.68. And the median was 28.45.

TSE:9028's Days Payable is ranked worse than
88.85% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 66.49 vs TSE:9028: 26.68

Zero Co's Days Payable declined from Jun. 2025 (28.93) to Jun. 2026 (27.41). It may suggest that Zero Co accelerated paying its suppliers.


Zero Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zero 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.

Zero Co Days Payable Chart

Zero Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.60 27.16 28.13 28.29 27.73

Zero Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 28.93 27.63 31.40 21.49 27.41

TSE:9028 vs CVNA, PAG, KMX: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Zero 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.


Zero Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zero Co's Days Payable distribution charts can be found below:

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


TSE:9028
81GF Score
Zero Co Ltd TSE:9028
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zero 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.

Zero Co's Days Payable for the fiscal year that ended in Jun. 2026 is calculated as

Days Payable (A: Jun. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2025 ) + Accounts Payable (A: Jun. 2026 )) / count ) / Cost of Goods Sold (A: Jun. 2026 )*Days in Period
=( (9655 + 9915) / 2 ) / 128775*365
=9785 / 128775*365
=27.73

Zero Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (9824 + 9915) / 2 ) / 32857*365 / 4
=9869.5 / 32857*365 / 4
=27.41

* 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 27.41 mean?
Zero Co (TSE:9028) has a Days Payable of 27.41 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zero Co and its competitors. This is near median its historical median of 28.45. Over the past decade, Zero Co's Days Payable has ranged from 26.68 to 33.74. According to the industry distribution chart, Zero Co ranks #1163 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 88.8%.
Is Zero Co's Days Payable too high?
Zero Co's current Days Payable of 27.41 is near median its 10-year median of 28.45. Over the past 10 years, this metric has ranged from a low of 26.68 to a high of 33.74. The Vehicles & Parts industry median Days Payable is 66.49. Zero Co's value of 27.41 is 58.8% below this industry median. Based on the distribution chart, Zero Co ranks #1163 out of 1309 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Zero Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zero Co's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Zero Co ranks #1163 out of 1309 companies for Days Payable. This places Zero Co in the lower half of its industry. The industry median Days Payable is 66.49. Zero Co's value of 27.41 is 58.8% below this benchmark. Historically, Zero Co's own Days Payable has ranged from 26.68 to 33.74 over the past decade. While the company's 10-year median is 28.45 vs. the industry median of 66.49, Zero 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.49, based on 1,309 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. Zero Co's current Days Payable of 27.41 is 58.8% 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 Zero Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zero Co's current Days Payable is 27.41, which is near median its own 10-year median of 28.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero Co stock overvalued right now?
Based on GuruFocus' analysis, Zero Co (TSE:9028) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,808.16, compared to a current price of 円3,550.00 — trading 26.4% above its estimated fair value. The current Days Payable is 27.41, which is near median its 10-year median of 28.45 and 58.8% below the Vehicles & Parts industry median of 66.49. Zero Co's overall GF Score™ is 81/100 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 Zero Co (TSE:9028), the current Days Payable is 27.41 as of Jun. 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 Zero Co (TSE:9028) Overvalued in 2026?

Based on GuruFocus' analysis, Zero Co stock appears to be overvalued. The current stock price of 円3,550.00 is trading 26.4% above its estimated GF Value™ of 円2,808.16. GuruFocus considers Zero Co to be Modestly Overvalued.

Key valuation signals for TSE:9028:

  • Days Payable: 27.41 (near median its 10-year median of 28.45)
  • GF Value™: 円2,808.16 vs. price of 円3,550.00 (26.4% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 58.8% below the Vehicles & Parts median (#1163 of 1309)

No single metric tells the full story. See the TSE:9028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zero Co Business Description

Address Solid Square West Tower 6th floor, 580 Horikawa-cho, Saiwai-ku, Kawasaki, JPN, 212-0013
Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.
81GF Score

Get the complete analysis for TSE:9028

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

円3,550.00
Price
円2,808.16
GF Value