IGER (TSE:9226) Days Payable: 35.11 (As of May. 2026) — 529% Above Median

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TSE:9226 IGER Inc TSE:9226
26 GF Score
Price 円1,200.00
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What is IGER Days Payable?

IGER TSE:9226 26 Days Payable is 35.11 as of May. 2026, which is 529% above its 10-year median of 5.58. GuruFocus rates TSE:9226 with a GF Score™ of 26/100.

IGER's average Accounts Payable for the six months ended in May. 2026 was 円130 Mil. IGER's Cost of Goods Sold for the six months ended in May. 2026 was 円675 Mil. Hence, IGER's Days Payable for the six months ended in May. 2026 was 35.11.

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

TSE:9226' s Days Payable Range Over the Past 10 Years
Min: 4.32   Med: 5.58   Max: 65.29
Current: 65.29

During the past 6 years, IGER's highest Days Payable was 65.29. The lowest was 4.32. And the median was 5.58.

TSE:9226's Days Payable is not ranked
in the Media - Diversified industry.
Industry Median: 82.53 vs TSE:9226: 65.29

IGER's Days Payable declined from May. 2025 (39.75) to May. 2026 (35.11). It may suggest that IGER accelerated paying its suppliers.


IGER Days Payable Historical Data

* Premium members only.

The historical data trend for IGER'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.

IGER Days Payable Chart

IGER Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Days Payable
Get a 7-Day Free Trial 7.75 6.50 4.32 4.66 4.46

IGER Semi-Annual Data
Nov20 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 44.17 88.35 39.75 86.90 35.11

TSE:9226 vs : Days Payable Comparison

For the Advertising Agencies subindustry, IGER'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.


IGER Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IGER's Days Payable distribution charts can be found below:

* The bar in red indicates where IGER's Days Payable falls into.


TSE:9226
26GF Score
IGER Inc TSE:9226
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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IGER 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.

IGER's Days Payable for the fiscal year that ended in Nov. 2025 is calculated as

Days Payable (A: Nov. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2024 ) + Accounts Payable (A: Nov. 2025 )) / count ) / Cost of Goods Sold (A: Nov. 2025 )*Days in Period
=( (9.3 + 12.004) / 2 ) / 872.055*365
=10.652 / 872.055*365
=4.46

IGER's Days Payable for the quarter that ended in May. 2026 is calculated as:

Days Payable (Q: May. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (12.004 + 247.794) / 2 ) / 675.293*365 / 2
=129.899 / 675.293*365 / 2
=35.11

* 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 35.11 mean?
IGER (TSE:9226) has a Days Payable of 35.11 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IGER and its competitors. This is 529% above median its historical median of 5.58. Over the past decade, IGER's Days Payable has ranged from 4.32 to 65.29.
Is IGER's Days Payable too high?
IGER's current Days Payable of 35.11 is 529% above median its 10-year median of 5.58. Over the past 10 years, this metric has ranged from a low of 4.32 to a high of 65.29. The Media - Diversified industry median Days Payable is 82.53. IGER's value of 35.11 is 57.5% below this industry median. Overall, IGER has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does IGER's Days Payable compare to ?
IGER's Days Payable of 35.11 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 82.53. IGER's value of 35.11 is 57.5% below this benchmark. Historically, IGER's own Days Payable has ranged from 4.32 to 65.29 over the past decade. While the company's 10-year median is 5.58 vs. the industry median of 82.53, IGER 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 82.53, based on 911 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. IGER's current Days Payable of 35.11 is 57.5% 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 IGER and its competitors. For the Media - Diversified industry, the median Days Payable is 82.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGER's current Days Payable is 35.11, which is 529% above median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGER stock overvalued right now?
IGER (TSE:9226) has a current Days Payable of 35.11. The current Days Payable is 35.11, which is 529% above median its 10-year median of 5.58 and 57.5% below the Media - Diversified industry median of 82.53. IGER's overall GF Score™ is 26/100. 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 IGER (TSE:9226), the current Days Payable is 35.11 as of May. 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.

IGER Business Description

Comparable Companies
Address 1-9-1 Marunouchi, GranTokyo North Tower, 36th Floor, Chiyoda-ku, Tokyo, JPN, 100-6736
IGER Inc is engaged in the advertising planning business. The company also provides graphic design mainly for paper media, web design for PC and smartphone sites, photographic design that handles everything from photography to editing, production of television and radio programs, and video content, provision of educational programs accompanying video content, planning and management of various events and ceremonies.
26GF Score

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

円1,200.00
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