Okayamaken Freight Transportation Co (TSE:9063) Days Payable: 28.39 (As of Mar. 2026) — Near Median

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TSE:9063 Okayamaken Freight Transportation Co Ltd TSE:9063
68 GF Score
Price 円3,995.00
GF Value 円3,356.71
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Okayamaken Freight Transportation Co Days Payable?

Okayamaken Freight Transportation Co TSE:9063 -0.75% 68 Days Payable is 28.39 as of Mar. 2026, which is 2% above its 10-year median of 27.93. GuruFocus rates TSE:9063 with a GF Score™ of 68/100 and a GF Value™ of 円3,356.71 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 969 Transportation companies, Okayamaken Freight Transportation Co ranks worse than 65.94% on this metric.

Okayamaken Freight Transportation Co's average Accounts Payable for the six months ended in Mar. 2026 was 円2,803 Mil. Okayamaken Freight Transportation Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円18,021 Mil. Hence, Okayamaken Freight Transportation Co's Days Payable for the six months ended in Mar. 2026 was 28.39.

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

TSE:9063' s Days Payable Range Over the Past 10 Years
Min: 26.37   Med: 27.93   Max: 29.06
Current: 28.16

During the past 13 years, Okayamaken Freight Transportation Co's highest Days Payable was 29.06. The lowest was 26.37. And the median was 27.93.

TSE:9063's Days Payable is ranked worse than
65.94% of 969 companies
in the Transportation industry
Industry Median: 38.61 vs TSE:9063: 28.16

Okayamaken Freight Transportation Co's Days Payable increased from Mar. 2025 (26.84) to Mar. 2026 (28.39). It may suggest that Okayamaken Freight Transportation Co delayed paying its suppliers.


Okayamaken Freight Transportation Co Days Payable Related Terms


Okayamaken Freight Transportation Co Days Payable Historical Data

* Premium members only.

The historical data trend for Okayamaken Freight Transportation 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.

Okayamaken Freight Transportation Co Days Payable Chart

Okayamaken Freight Transportation 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 28.37 28.81 29.06 28.16 27.36

Okayamaken Freight Transportation 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 28.87 28.41 26.84 28.73 28.39

TSE:9063 vs ODFL, XPO, KNX: Days Payable Comparison

For the Trucking subindustry, Okayamaken Freight Transportation 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.


Okayamaken Freight Transportation Co Days Payable vs Transportation Industry

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

* The bar in red indicates where Okayamaken Freight Transportation Co's Days Payable falls into.


TSE:9063
68GF Score
Okayamaken Freight Transportation Co Ltd TSE:9063
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Okayamaken Freight Transportation 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.

Okayamaken Freight Transportation 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
=( (2666.189 + 2691.775) / 2 ) / 35744.004*365
=2678.982 / 35744.004*365
=27.36

Okayamaken Freight Transportation 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
=( (2913.881 + 2691.775) / 2 ) / 18020.524*365 / 2
=2802.828 / 18020.524*365 / 2
=28.39

* 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 28.39 mean?
Okayamaken Freight Transportation Co (TSE:9063) has a Days Payable of 28.39 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 Okayamaken Freight Transportation Co and its competitors. This is near median its historical median of 27.93. Over the past decade, Okayamaken Freight Transportation Co's Days Payable has ranged from 26.37 to 29.06. According to the industry distribution chart, Okayamaken Freight Transportation Co ranks #639 out of 969 companies in the Transportation industry, placing it in the top 65.9%.
Is Okayamaken Freight Transportation Co's Days Payable too high?
Okayamaken Freight Transportation Co's current Days Payable of 28.39 is near median its 10-year median of 27.93. Over the past 10 years, this metric has ranged from a low of 26.37 to a high of 29.06. The Transportation industry median Days Payable is 38.61. Okayamaken Freight Transportation Co's value of 28.39 is 26.5% below this industry median. Based on the distribution chart, Okayamaken Freight Transportation Co ranks #639 out of 969 companies in the Transportation industry, which is below the industry midpoint. Overall, Okayamaken Freight Transportation Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayamaken Freight Transportation Co's Days Payable compare to ODFL and XPO?
According to the Transportation industry distribution chart, Okayamaken Freight Transportation Co ranks #639 out of 969 companies for Days Payable. This places Okayamaken Freight Transportation Co in the lower half of its industry. The industry median Days Payable is 38.61. Okayamaken Freight Transportation Co's value of 28.39 is 26.5% below this benchmark. Historically, Okayamaken Freight Transportation Co's own Days Payable has ranged from 26.37 to 29.06 over the past decade. While the company's 10-year median is 27.93 vs. the industry median of 38.61, Okayamaken Freight Transportation 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. Okayamaken Freight Transportation Co's current Days Payable of 28.39 is 26.5% 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 Okayamaken Freight Transportation 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. Okayamaken Freight Transportation Co's current Days Payable is 28.39, which is near median its own 10-year median of 27.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayamaken Freight Transportation Co stock overvalued right now?
Based on GuruFocus' analysis, Okayamaken Freight Transportation Co (TSE:9063) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,356.71, compared to a current price of 円3,995.00 — trading 19% above its estimated fair value. The current Days Payable is 28.39, which is near median its 10-year median of 27.93 and 26.5% below the Transportation industry median of 38.61. Okayamaken Freight Transportation Co's overall GF Score™ is 68/100 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 Okayamaken Freight Transportation Co (TSE:9063), the current Days Payable is 28.39 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 Okayamaken Freight Transportation Co (TSE:9063) Overvalued in 2026?

Based on GuruFocus' analysis, Okayamaken Freight Transportation Co stock appears to be overvalued. The current stock price of 円3,995.00 is trading 19% above its estimated GF Value™ of 円3,356.71. GuruFocus considers Okayamaken Freight Transportation Co to be Modestly Overvalued.

Key valuation signals for TSE:9063:

  • Days Payable: 28.39 (near median its 10-year median of 27.93)
  • GF Value™: 円3,356.71 vs. price of 円3,995.00 (19% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 26.5% below the Transportation median (#639 of 969)

No single metric tells the full story. See the TSE:9063 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okayamaken Freight Transportation Co Business Description

Address No. 4 No. 31, Kiyoshincho Kita-ku, Okayama, JPN, 700-0027
Okayamaken Freight Transportation Co Ltd is a cargo trucking company in Japan. The Company also provides door-to-door parcel delivery services. Okayamaken Freight Transportation leases building and sells oil products and automobile parts. Its business lines include Freight car transportation business, Warehousing, Air transport agent agency, Industrial waste collection, and transportation.
68GF Score

Get the complete analysis for TSE:9063

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

円3,995.00
Price
円3,356.71
GF Value