Japan Logistic Systems (TSE:9060) Days Payable: 18.19 (As of Mar. 2026) — 15% Below Median


TSE:9060 Japan Logistic Systems Corp TSE:9060
71 GF Score
Price 円4,290.00
GF Value 円4,448.84
Valuation Fairly Valued
! 3 Warning Signs
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What is Japan Logistic Systems Days Payable?

Japan Logistic Systems TSE:9060 -1.27% 71 Days Payable is 18.19 as of Mar. 2026, which is 15% below its 10-year median of 21.47. GuruFocus rates TSE:9060 with a GF Score™ of 71/100 and a GF Value™ of 円4,448.84 (Fairly Valued). The stock has 3 warning signs investors should review. Among 964 Transportation companies, Japan Logistic Systems ranks worse than 82.47% on this metric.

Japan Logistic Systems's average Accounts Payable for the six months ended in Mar. 2026 was 円3,398 Mil. Japan Logistic Systems's Cost of Goods Sold for the six months ended in Mar. 2026 was 円34,091 Mil. Hence, Japan Logistic Systems's Days Payable for the six months ended in Mar. 2026 was 18.19.

The historical rank and industry rank for Japan Logistic Systems's Days Payable or its related term are showing as below:

TSE:9060' s Days Payable Range Over the Past 10 Years
Min: 18.75   Med: 21.47   Max: 24.75
Current: 18.75

During the past 13 years, Japan Logistic Systems's highest Days Payable was 24.75. The lowest was 18.75. And the median was 21.47.

TSE:9060's Days Payable is ranked worse than
82.47% of 964 companies
in the Transportation industry
Industry Median: 39.01 vs TSE:9060: 18.75

Japan Logistic Systems's Days Payable declined from Mar. 2025 (18.47) to Mar. 2026 (18.19). It may suggest that Japan Logistic Systems accelerated paying its suppliers.


Japan Logistic Systems Days Payable Historical Data

* Premium members only.

The historical data trend for Japan Logistic Systems'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.

Japan Logistic Systems Days Payable Chart

Japan Logistic Systems 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 21.46 19.65 19.16 19.38 19.35

Japan Logistic Systems 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 18.35 18.38 18.47 18.72 18.19

TSE:9060 vs ODFL, XPO, KNX: Days Payable Comparison

For the Trucking subindustry, Japan Logistic Systems'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.


Japan Logistic Systems Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Japan Logistic Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Japan Logistic Systems's Days Payable falls into.


TSE:9060
71GF Score
Japan Logistic Systems Corp TSE:9060
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Logistic Systems 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.

Japan Logistic Systems'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
=( (3408.26 + 3611.955) / 2 ) / 66225.284*365
=3510.1075 / 66225.284*365
=19.35

Japan Logistic Systems'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
=( (3184.477 + 3611.955) / 2 ) / 34091.177*365 / 2
=3398.216 / 34091.177*365 / 2
=18.19

* 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 18.19 mean?
Japan Logistic Systems (TSE:9060) has a Days Payable of 18.19 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 Japan Logistic Systems and its competitors. This is 15% below median its historical median of 21.47. Over the past decade, Japan Logistic Systems' Days Payable has ranged from 18.75 to 24.75. According to the industry distribution chart, Japan Logistic Systems ranks #795 out of 964 companies in the Transportation industry, placing it in the top 82.5%.
Is Japan Logistic Systems' Days Payable too high?
Japan Logistic Systems' current Days Payable of 18.19 is 15% below median its 10-year median of 21.47. Over the past 10 years, this metric has ranged from a low of 18.75 to a high of 24.75. The Transportation industry median Days Payable is 39.01. Japan Logistic Systems' value of 18.19 is 53.4% below this industry median. Based on the distribution chart, Japan Logistic Systems ranks #795 out of 964 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Japan Logistic Systems has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Logistic Systems' Days Payable compare to ODFL and XPO?
According to the Transportation industry distribution chart, Japan Logistic Systems ranks #795 out of 964 companies for Days Payable. This places Japan Logistic Systems in the lower half of its industry. The industry median Days Payable is 39.01. Japan Logistic Systems' value of 18.19 is 53.4% below this benchmark. Historically, Japan Logistic Systems' own Days Payable has ranged from 18.75 to 24.75 over the past decade. While the company's 10-year median is 21.47 vs. the industry median of 39.01, Japan Logistic Systems 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 39.01, based on 964 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. Japan Logistic Systems's current Days Payable of 18.19 is 53.4% 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 Japan Logistic Systems and its competitors. For the Transportation industry, the median Days Payable is 39.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Logistic Systems's current Days Payable is 18.19, which is 15% below median its own 10-year median of 21.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Logistic Systems stock overvalued right now?
Based on GuruFocus' analysis, Japan Logistic Systems (TSE:9060) is currently considered Fairly Valued. The stock's GF Value™ is 円4,448.84, compared to a current price of 円4,290.00 — trading 3.6% below its estimated fair value. The current Days Payable is 18.19, which is 15% below median its 10-year median of 21.47 and 53.4% below the Transportation industry median of 39.01. Japan Logistic Systems' overall GF Score™ is 71/100 with 3 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 Japan Logistic Systems (TSE:9060), the current Days Payable is 18.19 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 Japan Logistic Systems (TSE:9060) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Logistic Systems stock appears to be undervalued. The current stock price of 円4,290.00 is trading 3.6% below its estimated GF Value™ of 円4,448.84. GuruFocus considers Japan Logistic Systems to be Fairly Valued.

Key valuation signals for TSE:9060:

  • Days Payable: 18.19 (15% below median its 10-year median of 21.47)
  • GF Value™: 円4,448.84 vs. price of 円4,290.00 (3.6% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 53.4% below the Transportation median (#795 of 964)

No single metric tells the full story. See the TSE:9060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Logistic Systems Business Description

Address 5-11-3, Shinbashi, Shinbashi Sumitomo Building, Minato-ku, Tokyo, JPN, 105-0004
Japan Logistic Systems Corp provides lorry and cargo transportation as well as third-party logistic services. It also offers warehousing, insurance agency, worker dispatching as well as industrial waste collection and transportation services.
71GF Score

Get the complete analysis for TSE:9060

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

円4,290.00
Price
円4,448.84
GF Value