Toyo Wharf & Warehouse Co (TSE:9351) Days Payable: 25.83 (As of Mar. 2026) — 28% Below Median

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TSE:9351 Toyo Wharf & Warehouse Co Ltd TSE:9351
75 GF Score
Price 円1,853.00
GF Value 円1,519.64
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Toyo Wharf & Warehouse Co Days Payable?

Toyo Wharf & Warehouse Co TSE:9351 +0.49% 75 Days Payable is 25.83 as of Mar. 2026, which is 28% below its 10-year median of 35.78. GuruFocus rates TSE:9351 with a GF Score™ of 75/100 and a GF Value™ of 円1,519.64 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 968 Transportation companies, Toyo Wharf & Warehouse Co ranks worse than 69.01% on this metric.

Toyo Wharf & Warehouse Co's average Accounts Payable for the six months ended in Mar. 2026 was 円2,482 Mil. Toyo Wharf & Warehouse Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円17,534 Mil. Hence, Toyo Wharf & Warehouse Co's Days Payable for the six months ended in Mar. 2026 was 25.83.

The historical rank and industry rank for Toyo Wharf & Warehouse Co's Days Payable or its related term are showing as below:

TSE:9351' s Days Payable Range Over the Past 10 Years
Min: 26.51   Med: 35.78   Max: 42.81
Current: 26.53

During the past 13 years, Toyo Wharf & Warehouse Co's highest Days Payable was 42.81. The lowest was 26.51. And the median was 35.78.

TSE:9351's Days Payable is ranked worse than
69.01% of 968 companies
in the Transportation industry
Industry Median: 38.705 vs TSE:9351: 26.53

Toyo Wharf & Warehouse Co's Days Payable declined from Mar. 2025 (27.57) to Mar. 2026 (25.83). It may suggest that Toyo Wharf & Warehouse Co accelerated paying its suppliers.


Toyo Wharf & Warehouse Co Days Payable Historical Data

* Premium members only.

The historical data trend for Toyo Wharf & Warehouse 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.

Toyo Wharf & Warehouse Co Days Payable Chart

Toyo Wharf & Warehouse 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 35.75 35.38 36.07 31.25 26.51

Toyo Wharf & Warehouse 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 35.31 29.99 27.57 27.27 25.83

TSE:9351 vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Toyo Wharf & Warehouse 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.


Toyo Wharf & Warehouse Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Toyo Wharf & Warehouse Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Toyo Wharf & Warehouse Co's Days Payable falls into.


TSE:9351
75GF Score
Toyo Wharf & Warehouse Co Ltd TSE:9351
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Wharf & Warehouse 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.

Toyo Wharf & Warehouse 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
=( (2472 + 2483) / 2 ) / 34106*365
=2477.5 / 34106*365
=26.51

Toyo Wharf & Warehouse 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
=( (2481 + 2483) / 2 ) / 17534*365 / 2
=2482 / 17534*365 / 2
=25.83

* 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 25.83 mean?
Toyo Wharf & Warehouse Co (TSE:9351) has a Days Payable of 25.83 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 Toyo Wharf & Warehouse Co and its competitors. This is 28% below median its historical median of 35.78. Over the past decade, Toyo Wharf & Warehouse Co's Days Payable has ranged from 26.51 to 42.81. According to the industry distribution chart, Toyo Wharf & Warehouse Co ranks #668 out of 968 companies in the Transportation industry, placing it in the top 69%.
Is Toyo Wharf & Warehouse Co's Days Payable too high?
Toyo Wharf & Warehouse Co's current Days Payable of 25.83 is 28% below median its 10-year median of 35.78. Over the past 10 years, this metric has ranged from a low of 26.51 to a high of 42.81. The Transportation industry median Days Payable is 38.71. Toyo Wharf & Warehouse Co's value of 25.83 is 33.3% below this industry median. Based on the distribution chart, Toyo Wharf & Warehouse Co ranks #668 out of 968 companies in the Transportation industry, which is below the industry midpoint. Overall, Toyo Wharf & Warehouse Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Wharf & Warehouse Co's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Toyo Wharf & Warehouse Co ranks #668 out of 968 companies for Days Payable. This places Toyo Wharf & Warehouse Co in the lower half of its industry. The industry median Days Payable is 38.71. Toyo Wharf & Warehouse Co's value of 25.83 is 33.3% below this benchmark. Historically, Toyo Wharf & Warehouse Co's own Days Payable has ranged from 26.51 to 42.81 over the past decade. While the company's 10-year median is 35.78 vs. the industry median of 38.71, Toyo Wharf & Warehouse 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 38.71, based on 968 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. Toyo Wharf & Warehouse Co's current Days Payable of 25.83 is 33.3% 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 Toyo Wharf & Warehouse Co and its competitors. For the Transportation industry, the median Days Payable is 38.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Wharf & Warehouse Co's current Days Payable is 25.83, which is 28% below median its own 10-year median of 35.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Wharf & Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Wharf & Warehouse Co (TSE:9351) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,519.64, compared to a current price of 円1,853.00 — trading 21.9% above its estimated fair value. The current Days Payable is 25.83, which is 28% below median its 10-year median of 35.78 and 33.3% below the Transportation industry median of 38.71. Toyo Wharf & Warehouse Co's overall GF Score™ is 75/100 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 Toyo Wharf & Warehouse Co (TSE:9351), the current Days Payable is 25.83 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 Toyo Wharf & Warehouse Co (TSE:9351) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Wharf & Warehouse Co stock appears to be overvalued. The current stock price of 円1,853.00 is trading 21.9% above its estimated GF Value™ of 円1,519.64. GuruFocus considers Toyo Wharf & Warehouse Co to be Modestly Overvalued.

Key valuation signals for TSE:9351:

  • Days Payable: 25.83 (28% below median its 10-year median of 35.78)
  • GF Value™: 円1,519.64 vs. price of 円1,853.00 (21.9% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 33.3% below the Transportation median (#668 of 968)

No single metric tells the full story. See the TSE:9351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Wharf & Warehouse Co Business Description

Address 1-8-8 Harumi, 19th floor, Harumi Triton Square W Building, Chuo-ku, Tokyo, JPN, 104-0053
Toyo Wharf & Warehouse Co Ltd is engaged in the domestic comprehensive logistics business, international logistics business and related business mainly for warehousing, port transportation, Automobile transportation, and International logistics business.
75GF Score

Get the complete analysis for TSE:9351

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

円1,853.00
Price
円1,519.64
GF Value