Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Higashi Holdings CoTSE:9029 +0.26%92 Days Payable is 24.56 as of Mar. 2026, which is 39% below its 10-year median of 40.41. GuruFocus rates TSE:9029 with a GF Score™ of 92/100 and a GF Value™ of 円1,857.97 (Fairly Valued). The stock has 2 warning signs investors should review. Among 969 Transportation companies, Higashi Holdings Co ranks worse than 68.01% on this metric.
The historical rank and industry rank for Higashi Holdings Co's Days Payable or its related term are showing as below:
TSE:9029'
s Days Payable Range Over the Past 10 Years
Min: 27.04 Med: 40.41 Max: 44.97
Current: 27.04
During the past 13 years, Higashi Holdings Co's highest Days Payable was 44.97. The lowest was 27.04. And the median was 40.41.
TSE:9029's Days Payable is ranked worse than 68.01% of 969
companies
in the Transportation industry
Industry Median: 38.61
vs TSE:9029: 27.04
Higashi Holdings Co's Days Payable
declined
from Mar. 2025 (24.78) to Mar. 2026 (24.56).
It may suggest that Higashi Holdings Coaccelerated paying its suppliers.
Higashi Holdings Co Days Payable Related Terms
Higashi Holdings Co Days Payable Historical Data
* Premium members only.
The historical data trend for Higashi Holdings 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.
TSE:9029 vs UPS, FDX, JBHT: Days Payable Comparison
For the Integrated Freight & Logistics subindustry, Higashi Holdings 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.
Higashi Holdings Co Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Higashi Holdings Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Higashi Holdings 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.
Higashi Holdings 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.
Higashi Holdings Co (TSE:9029) has a Days Payable of 24.56 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 Higashi Holdings Co and its competitors. This is 39% below median its historical median of 40.41. Over the past decade, Higashi Holdings Co's Days Payable has ranged from 27.04 to 44.97. According to the industry distribution chart, Higashi Holdings Co ranks #659 out of 969 companies in the Transportation industry, placing it in the top 68%.
Is Higashi Holdings Co's Days Payable too high?
Higashi Holdings Co's current Days Payable of 24.56 is 39% below median its 10-year median of 40.41. Over the past 10 years, this metric has ranged from a low of 27.04 to a high of 44.97. The Transportation industry median Days Payable is 38.61. Higashi Holdings Co's value of 24.56 is 36.4% below this industry median. Based on the distribution chart, Higashi Holdings Co ranks #659 out of 969 companies in the Transportation industry, which is below the industry midpoint. Overall, Higashi Holdings Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Higashi Holdings Co's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Higashi Holdings Co ranks #659 out of 969 companies for Days Payable. This places Higashi Holdings Co in the lower half of its industry. The industry median Days Payable is 38.61. Higashi Holdings Co's value of 24.56 is 36.4% below this benchmark. Historically, Higashi Holdings Co's own Days Payable has ranged from 27.04 to 44.97 over the past decade. While the company's 10-year median is 40.41 vs. the industry median of 38.61, Higashi Holdings 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 Transportation company?
The median Days Payable among Transportation companies is 38.61, based on 969 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. Higashi Holdings Co's current Days Payable of 24.56 is 36.4% 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 Higashi Holdings Co and its competitors. For the Transportation industry, the median Days Payable is 38.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Higashi Holdings Co's current Days Payable is 24.56, which is 39% below median its own 10-year median of 40.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Higashi Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Higashi Holdings Co (TSE:9029) is currently considered Fairly Valued. The stock's GF Value™ is 円1,857.97, compared to a current price of 円1,927.00 — trading 3.7% above its estimated fair value. The current Days Payable is 24.56, which is 39% below median its 10-year median of 40.41 and 36.4% below the Transportation industry median of 38.61. Higashi Holdings Co's overall GF Score™ is 92/100 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 Higashi Holdings Co (TSE:9029), the current Days Payable is 24.56 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 Higashi Holdings Co (TSE:9029) Overvalued in 2026?
Based on GuruFocus' analysis, Higashi Holdings Co stock appears to be overvalued.
The current stock price of 円1,927.00 is trading 3.7% above its estimated GF Value™ of 円1,857.97.
GuruFocus considers Higashi Holdings Co to be Fairly Valued.
Key valuation signals for TSE:9029:
Days Payable: 24.56 (39% below median its 10-year median of 40.41)
GF Value™: 円1,857.97 vs. price of 円1,927.00 (3.7% above fair value)
Industry Position: 36.4% below the Transportation median (#659 of 969)
No single metric tells the full story. See the TSE:9029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Higashi Holdings Co Ltd is a Japan-based company that engages in the business of logistics services. Its operations are carried out through the following business division:3PL Services, Comprehensive logistics services, General affairs logistics and BPO solutions, Office relocation services, In-house logistics services, PC kitting and IT-related services, Nursing care equipment rental and sales service, and Other Solutions.
92GF Score
Get the complete analysis for TSE:9029
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9029 has been successfully added to your 
