Forval RealStraight (TSE:9423) Days Payable: 55.06 (As of Mar. 2026) — Near Median

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TSE:9423 Forval RealStraight Inc TSE:9423
71 GF Score
Price 円104.00
GF Value 円156.23
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Forval RealStraight Days Payable?

Forval RealStraight TSE:9423 71 Days Payable is 55.06 as of Mar. 2026, which is 4% below its 10-year median of 57.40. GuruFocus rates TSE:9423 with a GF Score™ of 71/100 and a GF Value™ of 円156.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,569 Real Estate companies, Forval RealStraight ranks worse than 67.94% on this metric.

Forval RealStraight's average Accounts Payable for the six months ended in Mar. 2026 was 円457 Mil. Forval RealStraight's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,513 Mil. Hence, Forval RealStraight's Days Payable for the six months ended in Mar. 2026 was 55.06.

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

TSE:9423' s Days Payable Range Over the Past 10 Years
Min: 43.54   Med: 57.4   Max: 156.74
Current: 51.56

During the past 13 years, Forval RealStraight's highest Days Payable was 156.74. The lowest was 43.54. And the median was 57.40.

TSE:9423's Days Payable is ranked worse than
67.94% of 1569 companies
in the Real Estate industry
Industry Median: 94.38 vs TSE:9423: 51.56

Forval RealStraight's Days Payable declined from Mar. 2025 (65.64) to Mar. 2026 (55.06). It may suggest that Forval RealStraight accelerated paying its suppliers.


Forval RealStraight Days Payable Historical Data

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The historical data trend for Forval RealStraight'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.

Forval RealStraight Days Payable Chart

Forval RealStraight 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 57.04 43.54 57.76 61.83 51.81

Forval RealStraight 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 69.10 49.73 65.64 47.54 55.06

TSE:9423 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Forval RealStraight'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.


Forval RealStraight Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forval RealStraight's Days Payable distribution charts can be found below:

* The bar in red indicates where Forval RealStraight's Days Payable falls into.


TSE:9423
71GF Score
Forval RealStraight Inc TSE:9423
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval RealStraight 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.

Forval RealStraight'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
=( (326.084 + 504.181) / 2 ) / 2924.447*365
=415.1325 / 2924.447*365
=51.81

Forval RealStraight'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
=( (409.021 + 504.181) / 2 ) / 1513.392*365 / 2
=456.601 / 1513.392*365 / 2
=55.06

* 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 55.06 mean?
Forval RealStraight (TSE:9423) has a Days Payable of 55.06 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 Forval RealStraight and its competitors. This is near median its historical median of 57.40. Over the past decade, Forval RealStraight's Days Payable has ranged from 43.54 to 156.74. According to the industry distribution chart, Forval RealStraight ranks #1066 out of 1569 companies in the Real Estate industry, placing it in the top 67.9%.
Is Forval RealStraight's Days Payable too high?
Forval RealStraight's current Days Payable of 55.06 is near median its 10-year median of 57.40. Over the past 10 years, this metric has ranged from a low of 43.54 to a high of 156.74. The Real Estate industry median Days Payable is 94.38. Forval RealStraight's value of 55.06 is 41.7% below this industry median. Based on the distribution chart, Forval RealStraight ranks #1066 out of 1569 companies in the Real Estate industry, which is below the industry midpoint. Overall, Forval RealStraight has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #1066 out of 1569 companies for Days Payable. This places Forval RealStraight in the lower half of its industry. The industry median Days Payable is 94.38. Forval RealStraight's value of 55.06 is 41.7% below this benchmark. Historically, Forval RealStraight's own Days Payable has ranged from 43.54 to 156.74 over the past decade. While the company's 10-year median is 57.40 vs. the industry median of 94.38, Forval RealStraight 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,569 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. Forval RealStraight's current Days Payable of 55.06 is 41.7% 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 Forval RealStraight and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current Days Payable is 55.06, which is near median its own 10-year median of 57.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円156.23, compared to a current price of 円104.00 — trading 33.4% below its estimated fair value. The current Days Payable is 55.06, which is near median its 10-year median of 57.40 and 41.7% below the Real Estate industry median of 94.38. Forval RealStraight's overall GF Score™ is 71/100 with 3 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 Forval RealStraight (TSE:9423), the current Days Payable is 55.06 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 Forval RealStraight (TSE:9423) Overvalued in 2026?

Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued. The current stock price of 円104.00 is trading 33.4% below its estimated GF Value™ of 円156.23. GuruFocus considers Forval RealStraight to be Significantly Undervalued.

Key valuation signals for TSE:9423:

  • Days Payable: 55.06 (near median its 10-year median of 57.40)
  • GF Value™: 円156.23 vs. price of 円104.00 (33.4% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 41.7% below the Real Estate median (#1066 of 1569)

No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval RealStraight Business Description

Address 3-23-2 Kanda Jinbocho, Kinmei Building 4th Floor, Chiyoda-ku, Tokyo, JPN, 101-0051
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
71GF Score

Get the complete analysis for TSE:9423

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

円104.00
Price
円156.23
GF Value