Hiroshima Electric Railway Co (TSE:9033) Days Payable: 17.28 (As of Mar. 2026) — Near Median

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TSE:9033 Hiroshima Electric Railway Co Ltd TSE:9033
63 GF Score
Price 円623.00
GF Value 円780.07
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hiroshima Electric Railway Co Days Payable?

Hiroshima Electric Railway Co TSE:9033 -0.16% 63 Days Payable is 17.28 as of Mar. 2026, which is 9% above its 10-year median of 15.88. GuruFocus rates TSE:9033 with a GF Score™ of 63/100 and a GF Value™ of 円780.07 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 968 Transportation companies, Hiroshima Electric Railway Co ranks worse than 83.37% on this metric.

Hiroshima Electric Railway Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,696 Mil. Hiroshima Electric Railway Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円17,906 Mil. Hence, Hiroshima Electric Railway Co's Days Payable for the six months ended in Mar. 2026 was 17.28.

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

TSE:9033' s Days Payable Range Over the Past 10 Years
Min: 13.59   Med: 15.88   Max: 21.88
Current: 18.25

During the past 13 years, Hiroshima Electric Railway Co's highest Days Payable was 21.88. The lowest was 13.59. And the median was 15.88.

TSE:9033's Days Payable is ranked worse than
83.37% of 968 companies
in the Transportation industry
Industry Median: 38.705 vs TSE:9033: 18.25

Hiroshima Electric Railway Co's Days Payable increased from Mar. 2025 (16.21) to Mar. 2026 (17.28). It may suggest that Hiroshima Electric Railway Co delayed paying its suppliers.


Hiroshima Electric Railway Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hiroshima Electric Railway 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.

Hiroshima Electric Railway Co Days Payable Chart

Hiroshima Electric Railway 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 13.59 15.69 17.03 15.73 18.96

Hiroshima Electric Railway 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 12.93 16.60 16.21 18.74 17.28

TSE:9033 vs UNP, CSX, NSC: Days Payable Comparison

For the Railroads subindustry, Hiroshima Electric Railway 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.


Hiroshima Electric Railway Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Hiroshima Electric Railway Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hiroshima Electric Railway Co's Days Payable falls into.


TSE:9033
63GF Score
Hiroshima Electric Railway Co Ltd TSE:9033
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiroshima Electric Railway 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.

Hiroshima Electric Railway 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
=( (1275 + 1956) / 2 ) / 31102*365
=1615.5 / 31102*365
=18.96

Hiroshima Electric Railway 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
=( (1435 + 1956) / 2 ) / 17906*365 / 2
=1695.5 / 17906*365 / 2
=17.28

* 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 17.28 mean?
Hiroshima Electric Railway Co (TSE:9033) has a Days Payable of 17.28 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 Hiroshima Electric Railway Co and its competitors. This is near median its historical median of 15.88. Over the past decade, Hiroshima Electric Railway Co's Days Payable has ranged from 13.59 to 21.88. According to the industry distribution chart, Hiroshima Electric Railway Co ranks #807 out of 968 companies in the Transportation industry, placing it in the top 83.4%.
Is Hiroshima Electric Railway Co's Days Payable too high?
Hiroshima Electric Railway Co's current Days Payable of 17.28 is near median its 10-year median of 15.88. Over the past 10 years, this metric has ranged from a low of 13.59 to a high of 21.88. The Transportation industry median Days Payable is 38.71. Hiroshima Electric Railway Co's value of 17.28 is 55.4% below this industry median. Based on the distribution chart, Hiroshima Electric Railway Co ranks #807 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Hiroshima Electric Railway Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Electric Railway Co's Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, Hiroshima Electric Railway Co ranks #807 out of 968 companies for Days Payable. This places Hiroshima Electric Railway Co in the lower half of its industry. The industry median Days Payable is 38.71. Hiroshima Electric Railway Co's value of 17.28 is 55.4% below this benchmark. Historically, Hiroshima Electric Railway Co's own Days Payable has ranged from 13.59 to 21.88 over the past decade. While the company's 10-year median is 15.88 vs. the industry median of 38.71, Hiroshima Electric Railway 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 38.71, based on 968 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. Hiroshima Electric Railway Co's current Days Payable of 17.28 is 55.4% 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 Hiroshima Electric Railway Co and its competitors. For the Transportation industry, the median Days Payable is 38.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Electric Railway Co's current Days Payable is 17.28, which is near median its own 10-year median of 15.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Electric Railway Co (TSE:9033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円780.07, compared to a current price of 円623.00 — trading 20.1% below its estimated fair value. The current Days Payable is 17.28, which is near median its 10-year median of 15.88 and 55.4% below the Transportation industry median of 38.71. Hiroshima Electric Railway Co's overall GF Score™ is 63/100 with 4 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 Hiroshima Electric Railway Co (TSE:9033), the current Days Payable is 17.28 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 Hiroshima Electric Railway Co (TSE:9033) Overvalued in 2026?

Based on GuruFocus' analysis, Hiroshima Electric Railway Co stock appears to be undervalued. The current stock price of 円623.00 is trading 20.1% below its estimated GF Value™ of 円780.07. GuruFocus considers Hiroshima Electric Railway Co to be Modestly Undervalued.

Key valuation signals for TSE:9033:

  • Days Payable: 17.28 (near median its 10-year median of 15.88)
  • GF Value™: 円780.07 vs. price of 円623.00 (20.1% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 55.4% below the Transportation median (#807 of 968)

No single metric tells the full story. See the TSE:9033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiroshima Electric Railway Co Business Description

Address 2-9-29 Higashi-Senda-cho, Naka-ku, Hiroshima Prefecture, Hiroshima, JPN, 730-8610
Hiroshima Electric Railway Co Ltd operates in various sectors such as Transportation which includes railway and railroad business, Bus business, ropeway, air transport agency, and hire business; Distribution business includes merchandise sales; Real estate business includes rental and sales business; Construction includes civil engineering, telecommunication construction; and Leisure business includes catering, bowling, golf and travel business.
63GF Score

Get the complete analysis for TSE:9033

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

円623.00
Price
円780.07
GF Value