Asia Air Survey Co (TSE:9233) Days Payable: 15.79 (As of Mar. 2026) — 22% Below Median


TSE:9233 Asia Air Survey Co Ltd TSE:9233
77 GF Score
Price 円1,155.00
GF Value 円1,163.26
Valuation Fairly Valued
! 4 Warning Signs
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What is Asia Air Survey Co Days Payable?

Asia Air Survey Co TSE:9233 -0.52% 77 Days Payable is 15.79 as of Mar. 2026, which is 22% below its 10-year median of 20.20. GuruFocus rates TSE:9233 with a GF Score™ of 77/100 and a GF Value™ of 円1,163.26 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,712 Construction companies, Asia Air Survey Co ranks worse than 95.04% on this metric.

Asia Air Survey Co's average Accounts Payable for the three months ended in Mar. 2026 was 円1,631 Mil. Asia Air Survey Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円9,430 Mil. Hence, Asia Air Survey Co's Days Payable for the three months ended in Mar. 2026 was 15.79.

The historical rank and industry rank for Asia Air Survey Co's Days Payable or its related term are showing as below:

TSE:9233' s Days Payable Range Over the Past 10 Years
Min: 16.05   Med: 20.2   Max: 24.37
Current: 20.55

During the past 13 years, Asia Air Survey Co's highest Days Payable was 24.37. The lowest was 16.05. And the median was 20.20.

TSE:9233's Days Payable is ranked worse than
95.04% of 1712 companies
in the Construction industry
Industry Median: 76.695 vs TSE:9233: 20.55

Asia Air Survey Co's Days Payable increased from Mar. 2025 (15.26) to Mar. 2026 (15.79). It may suggest that Asia Air Survey Co delayed paying its suppliers.


Asia Air Survey Co Days Payable Historical Data

* Premium members only.

The historical data trend for Asia Air Survey 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.

Asia Air Survey Co Days Payable Chart

Asia Air Survey Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.35 21.25 19.93 19.93 24.37

Asia Air Survey Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 15.26 23.59 15.99 22.76 15.79

TSE:9233 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Asia Air Survey 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.


Asia Air Survey Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Asia Air Survey Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Air Survey Co's Days Payable falls into.


TSE:9233
77GF Score
Asia Air Survey Co Ltd TSE:9233
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Air Survey 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.

Asia Air Survey Co's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1836.112 + 2194.504) / 2 ) / 30187.958*365
=2015.308 / 30187.958*365
=24.37

Asia Air Survey 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1147.326 + 2115.533) / 2 ) / 9430.11*365 / 4
=1631.4295 / 9430.11*365 / 4
=15.79

* 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 15.79 mean?
Asia Air Survey Co (TSE:9233) has a Days Payable of 15.79 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 Asia Air Survey Co and its competitors. This is 22% below median its historical median of 20.20. Over the past decade, Asia Air Survey Co's Days Payable has ranged from 16.05 to 24.37. According to the industry distribution chart, Asia Air Survey Co ranks #1627 out of 1712 companies in the Construction industry, placing it in the top 95%.
Is Asia Air Survey Co's Days Payable too high?
Asia Air Survey Co's current Days Payable of 15.79 is 22% below median its 10-year median of 20.20. Over the past 10 years, this metric has ranged from a low of 16.05 to a high of 24.37. The Construction industry median Days Payable is 76.70. Asia Air Survey Co's value of 15.79 is 79.4% below this industry median. Based on the distribution chart, Asia Air Survey Co ranks #1627 out of 1712 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Asia Air Survey Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Air Survey Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Asia Air Survey Co ranks #1627 out of 1712 companies for Days Payable. This places Asia Air Survey Co in the lower half of its industry. The industry median Days Payable is 76.70. Asia Air Survey Co's value of 15.79 is 79.4% below this benchmark. Historically, Asia Air Survey Co's own Days Payable has ranged from 16.05 to 24.37 over the past decade. While the company's 10-year median is 20.20 vs. the industry median of 76.70, Asia Air Survey 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 Construction company?
The median Days Payable among Construction companies is 76.70, based on 1,712 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. Asia Air Survey Co's current Days Payable of 15.79 is 79.4% 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 Asia Air Survey Co and its competitors. For the Construction industry, the median Days Payable is 76.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Air Survey Co's current Days Payable is 15.79, which is 22% below median its own 10-year median of 20.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Air Survey Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Air Survey Co (TSE:9233) is currently considered Fairly Valued. The stock's GF Value™ is 円1,163.26, compared to a current price of 円1,155.00 — trading 0.7% below its estimated fair value. The current Days Payable is 15.79, which is 22% below median its 10-year median of 20.20 and 79.4% below the Construction industry median of 76.70. Asia Air Survey Co's overall GF Score™ is 77/100 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 Asia Air Survey Co (TSE:9233), the current Days Payable is 15.79 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 Asia Air Survey Co (TSE:9233) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Air Survey Co stock appears to be undervalued. The current stock price of 円1,155.00 is trading 0.7% below its estimated GF Value™ of 円1,163.26. GuruFocus considers Asia Air Survey Co to be Fairly Valued.

Key valuation signals for TSE:9233:

  • Days Payable: 15.79 (22% below median its 10-year median of 20.20)
  • GF Value™: 円1,163.26 vs. price of 円1,155.00 (0.7% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 79.4% below the Construction median (#1627 of 1712)

No single metric tells the full story. See the TSE:9233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Air Survey Co Business Description

Other Exchanges AASLF:USA
Address 6-14-1 Nishi Shinjuku, Shinjuku-ku, Green Tower Building, 15th Floor, Tokyo, JPN, 160-0023
Asia Air Survey Co Ltd is a construction consulting company specializing in aerial surveying. The company includes a group of technical specialists with high-precision, specialized technology in businesses and fields such as surveying, disaster prevention, the environment and spatial information.
77GF Score

Get the complete analysis for TSE:9233

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

円1,155.00
Price
円1,163.26
GF Value