Azuma Shipping Co (TSE:9380) Days Payable: 41.35 (As of Mar. 2026) — Near Median

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TSE:9380 Azuma Shipping Co Ltd TSE:9380
63 GF Score
Price 円415.00
GF Value 円325.06
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Azuma Shipping Co Days Payable?

Azuma Shipping Co TSE:9380 +0.48% 63 Days Payable is 41.35 as of Mar. 2026, which is 3% below its 10-year median of 42.58. GuruFocus rates TSE:9380 with a GF Score™ of 63/100 and a GF Value™ of 円325.06 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 968 Transportation companies, Azuma Shipping Co ranks better than 53.51% on this metric.

Azuma Shipping Co's average Accounts Payable for the six months ended in Mar. 2026 was 円4,118 Mil. Azuma Shipping Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円18,175 Mil. Hence, Azuma Shipping Co's Days Payable for the six months ended in Mar. 2026 was 41.35.

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

TSE:9380' s Days Payable Range Over the Past 10 Years
Min: 40.55   Med: 42.58   Max: 44.45
Current: 42.01

During the past 13 years, Azuma Shipping Co's highest Days Payable was 44.45. The lowest was 40.55. And the median was 42.58.

TSE:9380's Days Payable is ranked better than
53.51% of 968 companies
in the Transportation industry
Industry Median: 38.8 vs TSE:9380: 42.01

Azuma Shipping Co's Days Payable declined from Mar. 2025 (42.32) to Mar. 2026 (41.35). It may suggest that Azuma Shipping Co accelerated paying its suppliers.


Azuma Shipping Co Days Payable Historical Data

* Premium members only.

The historical data trend for Azuma Shipping 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.

Azuma Shipping Co Days Payable Chart

Azuma Shipping 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 42.85 42.52 44.45 43.98 42.63

Azuma Shipping 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 44.73 43.38 42.32 42.04 41.35

Azuma Shipping Co Days Payable Competitor Comparison

For the Marine Shipping subindustry, Azuma Shipping 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.


Azuma Shipping Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Azuma Shipping Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Azuma Shipping Co's Days Payable falls into.


TSE:9380
63GF Score
Azuma Shipping Co Ltd TSE:9380
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azuma Shipping 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.

Azuma Shipping 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
=( (4140.078 + 4233.952) / 2 ) / 35847.835*365
=4187.015 / 35847.835*365
=42.63

Azuma Shipping 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
=( (4002.847 + 4233.952) / 2 ) / 18175.273*365 / 2
=4118.3995 / 18175.273*365 / 2
=41.35

* 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 41.35 mean?
Azuma Shipping Co (TSE:9380) has a Days Payable of 41.35 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 Azuma Shipping Co and its competitors. This is near median its historical median of 42.58. Over the past decade, Azuma Shipping Co's Days Payable has ranged from 40.55 to 44.45. According to the industry distribution chart, Azuma Shipping Co ranks #450 out of 968 companies in the Transportation industry, placing it in the top 46.5%.
Is Azuma Shipping Co's Days Payable too high?
Azuma Shipping Co's current Days Payable of 41.35 is near median its 10-year median of 42.58. Over the past 10 years, this metric has ranged from a low of 40.55 to a high of 44.45. The Transportation industry median Days Payable is 38.80. Azuma Shipping Co's value of 41.35 is 6.6% above this industry median. Based on the distribution chart, Azuma Shipping Co ranks #450 out of 968 companies in the Transportation industry, which is above the industry midpoint. Overall, Azuma Shipping Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azuma Shipping Co's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Azuma Shipping Co ranks #450 out of 968 companies for Days Payable. This puts Azuma Shipping Co in the upper half of its industry. The industry median Days Payable is 38.80. Azuma Shipping Co's value of 41.35 is 6.6% above this benchmark. Historically, Azuma Shipping Co's own Days Payable has ranged from 40.55 to 44.45 over the past decade. While the company's 10-year median is 42.58 vs. the industry median of 38.80, Azuma Shipping Co has consistently been above 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 38.80, 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. Azuma Shipping Co's current Days Payable of 41.35 is 6.6% above 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 Azuma Shipping Co and its competitors. For the Transportation industry, the median Days Payable is 38.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azuma Shipping Co's current Days Payable is 41.35, which is near median its own 10-year median of 42.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azuma Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, Azuma Shipping Co (TSE:9380) is currently considered Modestly Overvalued. The stock's GF Value™ is 円325.06, compared to a current price of 円415.00 — trading 27.7% above its estimated fair value. The current Days Payable is 41.35, which is near median its 10-year median of 42.58 and 6.6% above the Transportation industry median of 38.80. Azuma Shipping Co's overall GF Score™ is 63/100 with 5 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 Azuma Shipping Co (TSE:9380), the current Days Payable is 41.35 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 Azuma Shipping Co (TSE:9380) Overvalued in 2026?

Based on GuruFocus' analysis, Azuma Shipping Co stock appears to be overvalued. The current stock price of 円415.00 is trading 27.7% above its estimated GF Value™ of 円325.06. GuruFocus considers Azuma Shipping Co to be Modestly Overvalued.

Key valuation signals for TSE:9380:

  • Days Payable: 41.35 (near median its 10-year median of 42.58)
  • GF Value™: 円325.06 vs. price of 円415.00 (27.7% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 6.6% above the Transportation median (#450 of 968)

No single metric tells the full story. See the TSE:9380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azuma Shipping Co Business Description

Address 3-2, Nihonbashi Hamacho 3-Chome, Tokyo, JPN
Azuma Shipping Co Ltd is engaged in port transportation, maritime transportation, inland navigation business, freight car transportation, warehousing, sale and repair of the ship, cargo transportation, customs brokerage, supervision and consultancy of new ship creation and repair.
63GF Score

Get the complete analysis for TSE:9380

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

円415.00
Price
円325.06
GF Value