Toshin Holdings Co (TSE:9444) Days Payable: 40.44 (As of Oct. 2025) — 13% Below Median

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TSE:9444 Toshin Holdings Co Ltd TSE:9444
38 GF Score
Price 円233.00
GF Value 円652.03
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Toshin Holdings Co Days Payable?

Toshin Holdings Co TSE:9444 +0.87% 38 Days Payable is 40.44 as of Oct. 2025, which is 13% below its 10-year median of 46.45. GuruFocus rates TSE:9444 with a GF Score™ of 38/100 and a GF Value™ of 円652.03 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,105 Retail - Cyclical companies, Toshin Holdings Co ranks better than 65.07% on this metric.

Toshin Holdings Co's average Accounts Payable for the three months ended in Oct. 2025 was 円1,664 Mil. Toshin Holdings Co's Cost of Goods Sold for the three months ended in Oct. 2025 was 円3,753 Mil. Hence, Toshin Holdings Co's Days Payable for the three months ended in Oct. 2025 was 40.44.

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

TSE:9444' s Days Payable Range Over the Past 10 Years
Min: 5.66   Med: 46.45   Max: 72.69
Current: 72.69

During the past 13 years, Toshin Holdings Co's highest Days Payable was 72.69. The lowest was 5.66. And the median was 46.45.

TSE:9444's Days Payable is ranked better than
65.07% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 51.29 vs TSE:9444: 72.69

Toshin Holdings Co's Days Payable increased from Apr. 2024 (31.46) to Oct. 2025 (40.44). It may suggest that Toshin Holdings Co delayed paying its suppliers.


Toshin Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Toshin Holdings 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.

Toshin Holdings Co Days Payable Chart

Toshin Holdings Co Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.44 58.21 49.89 44.23 44.18

Toshin Holdings Co Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26
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 0.00 0.00 50.93 40.44 60.74

TSE:9444 vs CASY, WSM, DKS: Days Payable Comparison

For the Specialty Retail subindustry, Toshin Holdings 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.


Toshin Holdings Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Toshin Holdings Co's Days Payable distribution charts can be found below:

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


TSE:9444
38GF Score
Toshin Holdings Co Ltd TSE:9444
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toshin Holdings 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.

Toshin Holdings Co's Days Payable for the fiscal year that ended in Apr. 2025 is calculated as

Days Payable (A: Apr. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2024 ) + Accounts Payable (A: Apr. 2025 )) / count ) / Cost of Goods Sold (A: Apr. 2025 )*Days in Period
=( (1570.571 + 1864.851) / 2 ) / 14190.582*365
=1717.711 / 14190.582*365
=44.18

Toshin Holdings Co's Days Payable for the quarter that ended in Oct. 2025 is calculated as:

Days Payable (Q: Oct. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2025 ) + Accounts Payable (Q: Oct. 2025 )) / count ) / Cost of Goods Sold (Q: Oct. 2025 )*Days in Period
=( (1580.806 + 1746.223) / 2 ) / 3753.362*365 / 4
=1663.5145 / 3753.362*365 / 4
=40.44

* 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 40.44 mean?
Toshin Holdings Co (TSE:9444) has a Days Payable of 40.44 as of Oct. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Toshin Holdings Co and its competitors. This is 13% below median its historical median of 46.45. Over the past decade, Toshin Holdings Co's Days Payable has ranged from 5.66 to 72.69. According to the industry distribution chart, Toshin Holdings Co ranks #386 out of 1105 companies in the Retail - Cyclical industry, placing it in the top 34.9%.
Is Toshin Holdings Co's Days Payable too high?
Toshin Holdings Co's current Days Payable of 40.44 is 13% below median its 10-year median of 46.45. Over the past 10 years, this metric has ranged from a low of 5.66 to a high of 72.69. The Retail - Cyclical industry median Days Payable is 51.29. Toshin Holdings Co's value of 40.44 is 21.2% below this industry median. Based on the distribution chart, Toshin Holdings Co ranks #386 out of 1105 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Toshin Holdings Co has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Toshin Holdings Co's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Toshin Holdings Co ranks #386 out of 1105 companies for Days Payable. This puts Toshin Holdings Co in the upper half of its industry. The industry median Days Payable is 51.29. Toshin Holdings Co's value of 40.44 is 21.2% below this benchmark. Historically, Toshin Holdings Co's own Days Payable has ranged from 5.66 to 72.69 over the past decade. While the company's 10-year median is 46.45 vs. the industry median of 51.29, Toshin Holdings 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.29, based on 1,105 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. Toshin Holdings Co's current Days Payable of 40.44 is 21.2% 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 Toshin Holdings Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toshin Holdings Co's current Days Payable is 40.44, which is 13% below median its own 10-year median of 46.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toshin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Toshin Holdings Co (TSE:9444) is currently considered Possible Value Trap. The stock's GF Value™ is 円652.03, compared to a current price of 円233.00 — trading 64.3% below its estimated fair value. The current Days Payable is 40.44, which is 13% below median its 10-year median of 46.45 and 21.2% below the Retail - Cyclical industry median of 51.29. Toshin Holdings Co's overall GF Score™ is 38/100 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 Toshin Holdings Co (TSE:9444), the current Days Payable is 40.44 as of Oct. 2025. 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 Toshin Holdings Co (TSE:9444) Overvalued in 2026?

Based on GuruFocus' analysis, Toshin Holdings Co stock appears to be undervalued. The current stock price of 円233.00 is trading 64.3% below its estimated GF Value™ of 円652.03. GuruFocus considers Toshin Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:9444:

  • Days Payable: 40.44 (13% below median its 10-year median of 46.45)
  • GF Value™: 円652.03 vs. price of 円233.00 (64.3% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 21.2% below the Retail - Cyclical median (#386 of 1105)

No single metric tells the full story. See the TSE:9444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toshin Holdings Co Business Description

Address Aichi Prefecture, Naka-ku Sakae, 3-4-21 Toshin Sakae Building, Nagoya, JPN, 460 0008
Toshin Holdings Co Ltd is engaged in the sale of mobile phone and other communication equipment. It also offers leasing and sale of real estate properties, provides asset management services, operates golf courses and restaurants, sales drinking water. Its other business includes OA equipment sales, air conditioner sales, drinking water sales, rental conference room operation, golfers salon management.
38GF Score

Get the complete analysis for TSE:9444

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

円233.00
Price
円652.03
GF Value