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.
Fuluhashi EpoTSE:9221 -1.14%67 Days Payable is 9.53 as of Mar. 2026, which is 30% below its 10-year median of 13.59. GuruFocus rates TSE:9221 with a GF Score™ of 67/100 and a GF Value™ of 円1,148.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 230 Waste Management companies, Fuluhashi Epo ranks worse than 95.22% on this metric.
The historical rank and industry rank for Fuluhashi Epo's Days Payable or its related term are showing as below:
TSE:9221'
s Days Payable Range Over the Past 10 Years
Min: 9.25 Med: 13.59 Max: 16.97
Current: 9.48
During the past 7 years, Fuluhashi Epo's highest Days Payable was 16.97. The lowest was 9.25. And the median was 13.59.
TSE:9221's Days Payable is ranked worse than 95.22% of 230
companies
in the Waste Management industry
Industry Median: 64.295
vs TSE:9221: 9.48
Fuluhashi Epo's Days Payable
declined
from Mar. 2025 (10.68) to Mar. 2026 (9.53).
It may suggest that Fuluhashi Epoaccelerated paying its suppliers.
Fuluhashi Epo Days Payable Related Terms
Fuluhashi Epo Days Payable Historical Data
* Premium members only.
The historical data trend for Fuluhashi Epo'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.
For the Waste Management subindustry, Fuluhashi Epo'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.
Fuluhashi Epo Days Payable vs Waste Management Industry
For the Waste Management industry and Industrials sector, Fuluhashi Epo's Days Payable distribution charts can be found below:
* The bar in red indicates where Fuluhashi Epo'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.
Fuluhashi Epo'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.
Fuluhashi Epo (TSE:9221) has a Days Payable of 9.53 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 Fuluhashi Epo and its competitors. This is 30% below median its historical median of 13.59. Over the past decade, Fuluhashi Epo's Days Payable has ranged from 9.25 to 16.97. According to the industry distribution chart, Fuluhashi Epo ranks #219 out of 230 companies in the Waste Management industry, placing it in the top 95.2%.
Is Fuluhashi Epo's Days Payable too high?
Fuluhashi Epo's current Days Payable of 9.53 is 30% below median its 10-year median of 13.59. Over the past 10 years, this metric has ranged from a low of 9.25 to a high of 16.97. The Waste Management industry median Days Payable is 64.30. Fuluhashi Epo's value of 9.53 is 85.2% below this industry median. Based on the distribution chart, Fuluhashi Epo ranks #219 out of 230 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Fuluhashi Epo has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuluhashi Epo's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Fuluhashi Epo ranks #219 out of 230 companies for Days Payable. This places Fuluhashi Epo in the lower half of its industry. The industry median Days Payable is 64.30. Fuluhashi Epo's value of 9.53 is 85.2% below this benchmark. Historically, Fuluhashi Epo's own Days Payable has ranged from 9.25 to 16.97 over the past decade. While the company's 10-year median is 13.59 vs. the industry median of 64.30, Fuluhashi Epo 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 Waste Management company?
The median Days Payable among Waste Management companies is 64.30, based on 230 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. Fuluhashi Epo's current Days Payable of 9.53 is 85.2% 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 Fuluhashi Epo and its competitors. For the Waste Management industry, the median Days Payable is 64.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuluhashi Epo's current Days Payable is 9.53, which is 30% below median its own 10-year median of 13.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuluhashi Epo stock overvalued right now?
Based on GuruFocus' analysis, Fuluhashi Epo (TSE:9221) is currently considered Fairly Valued. The stock's GF Value™ is 円1,148.64, compared to a current price of 円1,210.00 — trading 5.3% above its estimated fair value. The current Days Payable is 9.53, which is 30% below median its 10-year median of 13.59 and 85.2% below the Waste Management industry median of 64.30. Fuluhashi Epo's overall GF Score™ is 67/100 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 Fuluhashi Epo (TSE:9221), the current Days Payable is 9.53 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 Fuluhashi Epo (TSE:9221) Overvalued in 2026?
Based on GuruFocus' analysis, Fuluhashi Epo stock appears to be overvalued.
The current stock price of 円1,210.00 is trading 5.3% above its estimated GF Value™ of 円1,148.64.
GuruFocus considers Fuluhashi Epo to be Fairly Valued.
Key valuation signals for TSE:9221:
Days Payable: 9.53 (30% below median its 10-year median of 13.59)
GF Value™: 円1,148.64 vs. price of 円1,210.00 (5.3% above fair value)
Industry Position: 85.2% below the Waste Management median (#219 of 230)
No single metric tells the full story. See the TSE:9221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fuluhashi Epo Corp provides environmental solutions, such as recycling wood waste, selling recycled wood chips as fuel or raw material products, and recycling construction by-products generated at construction sites. In addition, it is involved in manufacturing and selling logistics equipment that takes into consideration the entire process from collection to recycling, and purchasing and selling used logistics equipment. The group's reportable segments are the biomaterials business and the resource recycling business. The majority of its revenue is generated from the biomaterials business, which is engaged in the contract processing of wood waste materials and the manufacture and sale of wood resource chips (raw material chips and fuel chips).
67GF Score
Get the complete analysis for TSE:9221
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:9221 has been successfully added to your 
