TBS Holdings (TSE:9401) Days Payable: 63.52 (As of Mar. 2026) — Near Median


TSE:9401 TBS Holdings Inc TSE:9401
82 GF Score
Price 円6,443.00
GF Value 円4,692.78
Valuation Significantly Overvalued
! 6 Warning Signs
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What is TBS Holdings Days Payable?

TBS Holdings TSE:9401 +0.99% 82 Days Payable is 63.52 as of Mar. 2026, which is 8% above its 10-year median of 58.80. GuruFocus rates TSE:9401 with a GF Score™ of 82/100 and a GF Value™ of 円4,692.78 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 912 Media - Diversified companies, TBS Holdings ranks worse than 58.22% on this metric.

TBS Holdings's average Accounts Payable for the three months ended in Mar. 2026 was 円51,605 Mil. TBS Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was 円74,129 Mil. Hence, TBS Holdings's Days Payable for the three months ended in Mar. 2026 was 63.52.

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

TSE:9401' s Days Payable Range Over the Past 10 Years
Min: 52.91   Med: 58.8   Max: 66.54
Current: 65.23

During the past 13 years, TBS Holdings's highest Days Payable was 66.54. The lowest was 52.91. And the median was 58.80.

TSE:9401's Days Payable is ranked worse than
58.22% of 912 companies
in the Media - Diversified industry
Industry Median: 83.895 vs TSE:9401: 65.23

TBS Holdings's Days Payable increased from Mar. 2025 (60.85) to Mar. 2026 (63.52). It may suggest that TBS Holdings delayed paying its suppliers.


TBS Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for TBS 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.

TBS Holdings Days Payable Chart

TBS Holdings 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 59.41 59.72 58.19 64.19 66.54

TBS Holdings 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 60.85 68.12 61.28 67.03 63.52

TSE:9401 vs NXST: Days Payable Comparison

For the Broadcasting subindustry, TBS 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.


TBS Holdings Days Payable vs Media - Diversified Industry

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

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


TSE:9401
82GF Score
TBS Holdings Inc TSE:9401
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TBS 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.

TBS 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
=( (52849 + 50534) / 2 ) / 283550*365
=51691.5 / 283550*365
=66.54

TBS 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
=( (52675 + 50534) / 2 ) / 74129*365 / 4
=51604.5 / 74129*365 / 4
=63.52

* 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 63.52 mean?
TBS Holdings (TSE:9401) has a Days Payable of 63.52 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 TBS Holdings and its competitors. This is near median its historical median of 58.80. Over the past decade, TBS Holdings' Days Payable has ranged from 52.91 to 66.54. According to the industry distribution chart, TBS Holdings ranks #531 out of 912 companies in the Media - Diversified industry, placing it in the top 58.2%.
Is TBS Holdings' Days Payable too high?
TBS Holdings' current Days Payable of 63.52 is near median its 10-year median of 58.80. Over the past 10 years, this metric has ranged from a low of 52.91 to a high of 66.54. The Media - Diversified industry median Days Payable is 83.90. TBS Holdings' value of 63.52 is 24.3% below this industry median. Based on the distribution chart, TBS Holdings ranks #531 out of 912 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, TBS Holdings has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBS Holdings' Days Payable compare to NXST?
According to the Media - Diversified industry distribution chart, TBS Holdings ranks #531 out of 912 companies for Days Payable. This places TBS Holdings in the lower half of its industry. The industry median Days Payable is 83.90. TBS Holdings' value of 63.52 is 24.3% below this benchmark. Historically, TBS Holdings' own Days Payable has ranged from 52.91 to 66.54 over the past decade. While the company's 10-year median is 58.80 vs. the industry median of 83.90, TBS 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.90, based on 912 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. TBS Holdings's current Days Payable of 63.52 is 24.3% 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 TBS Holdings and its competitors. For the Media - Diversified industry, the median Days Payable is 83.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBS Holdings's current Days Payable is 63.52, which is near median its own 10-year median of 58.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBS Holdings stock overvalued right now?
Based on GuruFocus' analysis, TBS Holdings (TSE:9401) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,692.78, compared to a current price of 円6,443.00 — trading 37.3% above its estimated fair value. The current Days Payable is 63.52, which is near median its 10-year median of 58.80 and 24.3% below the Media - Diversified industry median of 83.90. TBS Holdings' overall GF Score™ is 82/100 with 6 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 TBS Holdings (TSE:9401), the current Days Payable is 63.52 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 TBS Holdings (TSE:9401) Overvalued in 2026?

Based on GuruFocus' analysis, TBS Holdings stock appears to be overvalued. The current stock price of 円6,443.00 is trading 37.3% above its estimated GF Value™ of 円4,692.78. GuruFocus considers TBS Holdings to be Significantly Overvalued.

Key valuation signals for TSE:9401:

  • Days Payable: 63.52 (near median its 10-year median of 58.80)
  • GF Value™: 円4,692.78 vs. price of 円6,443.00 (37.3% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 24.3% below the Media - Diversified median (#531 of 912)

No single metric tells the full story. See the TSE:9401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TBS Holdings Business Description

Address 5-3-6 Akasaka, Minato-ku, Tokyo, JPN, 107-8006
TBS Holdings Inc is a Japanese media and broadcasting holding company that operates television businesses through its subsidiaries. The company operates through three reportable segments: Media & Content Business, Lifestyle Business, and Real Estate & Other Business. The Media & Content Business includes television and radio broadcasting, event planning, video software production, and distribution. The Lifestyle Business handles general merchandise retail, beauty and wellness services, private tutoring, and early childhood education. The Real Estate & Other Business segment involves land and building rentals. It generates the majority of its revenue from the Media & content business segment.
82GF Score

Get the complete analysis for TSE:9401

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

円6,443.00
Price
円4,692.78
GF Value