Tre Holdings (TSE:9247) Days Payable: 15.83 (As of Mar. 2026) — 14% Below Median

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TSE:9247 Tre Holdings Corp TSE:9247
54 GF Score
Price 円2,136.00
GF Value 円1,609.31
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Tre Holdings Days Payable?

Tre Holdings TSE:9247 -2.06% 54 Days Payable is 15.83 as of Mar. 2026, which is 14% below its 10-year median of 18.44. GuruFocus rates TSE:9247 with a GF Score™ of 54/100 and a GF Value™ of 円1,609.31 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 230 Waste Management companies, Tre Holdings ranks worse than 88.26% on this metric.

Tre Holdings's average Accounts Payable for the three months ended in Mar. 2026 was 円3,543 Mil. Tre Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was 円20,423 Mil. Hence, Tre Holdings's Days Payable for the three months ended in Mar. 2026 was 15.83.

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

TSE:9247' s Days Payable Range Over the Past 10 Years
Min: 16.6   Med: 18.44   Max: 24.2
Current: 16.72

During the past 5 years, Tre Holdings's highest Days Payable was 24.20. The lowest was 16.60. And the median was 18.44.

TSE:9247's Days Payable is ranked worse than
88.26% of 230 companies
in the Waste Management industry
Industry Median: 64.295 vs TSE:9247: 16.72

Tre Holdings's Days Payable declined from Mar. 2025 (16.67) to Mar. 2026 (15.83). It may suggest that Tre Holdings accelerated paying its suppliers.


Tre Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Tre Holdings'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.

Tre Holdings Days Payable Chart

Tre Holdings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
24.20 18.44 18.63 16.60 16.61

Tre Holdings Quarterly Data
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 16.67 16.83 17.77 16.57 15.83

TSE:9247 vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Tre Holdings'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.


Tre Holdings Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Tre Holdings's Days Payable distribution charts can be found below:

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


TSE:9247
54GF Score
Tre Holdings Corp TSE:9247
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tre Holdings 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.

Tre Holdings'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
=( (3833 + 3663) / 2 ) / 82355*365
=3748 / 82355*365
=16.61

Tre Holdings'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
=( (3423 + 3663) / 2 ) / 20423*365 / 4
=3543 / 20423*365 / 4
=15.83

* 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 15.83 mean?
Tre Holdings (TSE:9247) has a Days Payable of 15.83 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 Tre Holdings and its competitors. This is 14% below median its historical median of 18.44. Over the past decade, Tre Holdings' Days Payable has ranged from 16.60 to 24.20. According to the industry distribution chart, Tre Holdings ranks #203 out of 230 companies in the Waste Management industry, placing it in the top 88.3%.
Is Tre Holdings' Days Payable too high?
Tre Holdings' current Days Payable of 15.83 is 14% below median its 10-year median of 18.44. Over the past 10 years, this metric has ranged from a low of 16.60 to a high of 24.20. The Waste Management industry median Days Payable is 64.30. Tre Holdings' value of 15.83 is 75.4% below this industry median. Based on the distribution chart, Tre Holdings ranks #203 out of 230 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Tre Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tre Holdings' Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Tre Holdings ranks #203 out of 230 companies for Days Payable. This places Tre Holdings in the lower half of its industry. The industry median Days Payable is 64.30. Tre Holdings' value of 15.83 is 75.4% below this benchmark. Historically, Tre Holdings' own Days Payable has ranged from 16.60 to 24.20 over the past decade. While the company's 10-year median is 18.44 vs. the industry median of 64.30, Tre Holdings 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. Tre Holdings's current Days Payable of 15.83 is 75.4% 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 Tre Holdings 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. Tre Holdings's current Days Payable is 15.83, which is 14% below median its own 10-year median of 18.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tre Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tre Holdings (TSE:9247) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,609.31, compared to a current price of 円2,136.00 — trading 32.7% above its estimated fair value. The current Days Payable is 15.83, which is 14% below median its 10-year median of 18.44 and 75.4% below the Waste Management industry median of 64.30. Tre Holdings' overall GF Score™ is 54/100 with 7 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 Tre Holdings (TSE:9247), the current Days Payable is 15.83 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 Tre Holdings (TSE:9247) Overvalued in 2026?

Based on GuruFocus' analysis, Tre Holdings stock appears to be overvalued. The current stock price of 円2,136.00 is trading 32.7% above its estimated GF Value™ of 円1,609.31. GuruFocus considers Tre Holdings to be Significantly Overvalued.

Key valuation signals for TSE:9247:

  • Days Payable: 15.83 (14% below median its 10-year median of 18.44)
  • GF Value™: 円1,609.31 vs. price of 円2,136.00 (32.7% above fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 75.4% below the Waste Management median (#203 of 230)

No single metric tells the full story. See the TSE:9247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tre Holdings Business Description

Address 1-7-2, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Tre Holdings Corp is involved in managing and related activities of its subsidiaries, which operate in the waste treatment and recycling industry, renewable energy sector, environmental engineering, scrap metal recycling, and the disposal of end-of-life vehicles and scrapped home appliances.
54GF Score

Get the complete analysis for TSE:9247

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

円2,136.00
Price
円1,609.31
GF Value