Chugoku Electric Power Co (TSE:9504) Days Payable: 23.29 (As of Mar. 2026) — 23% Above Median

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TSE:9504 Chugoku Electric Power Co Inc TSE:9504
64 GF Score
Price 円940.80
GF Value 円850.13
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Chugoku Electric Power Co Days Payable?

Chugoku Electric Power Co TSE:9504 +1.02% 64 Days Payable is 23.29 as of Mar. 2026, which is 23% above its 10-year median of 18.95. GuruFocus rates TSE:9504 with a GF Score™ of 64/100 and a GF Value™ of 円850.13 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 391 Utilities - Independent Power Producers companies, Chugoku Electric Power Co ranks worse than 80.56% on this metric.

Chugoku Electric Power Co's average Accounts Payable for the three months ended in Mar. 2026 was 円100,901 Mil. Chugoku Electric Power Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円395,410 Mil. Hence, Chugoku Electric Power Co's Days Payable for the three months ended in Mar. 2026 was 23.29.

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

TSE:9504' s Days Payable Range Over the Past 10 Years
Min: 14.74   Med: 18.95   Max: 30.34
Current: 28.31

During the past 13 years, Chugoku Electric Power Co's highest Days Payable was 30.34. The lowest was 14.74. And the median was 18.95.

TSE:9504's Days Payable is ranked worse than
80.56% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.51 vs TSE:9504: 28.31

Chugoku Electric Power Co's Days Payable declined from Mar. 2025 (27.68) to Mar. 2026 (23.29). It may suggest that Chugoku Electric Power Co accelerated paying its suppliers.


Chugoku Electric Power Co Days Payable Historical Data

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The historical data trend for Chugoku Electric Power 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.

Chugoku Electric Power Co Days Payable Chart

Chugoku Electric Power 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 22.90 19.98 27.41 28.64 30.34

Chugoku Electric Power Co 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 27.68 34.79 27.05 27.85 23.29

Chugoku Electric Power Co Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Chugoku Electric Power 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.


Chugoku Electric Power Co Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Chugoku Electric Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chugoku Electric Power Co's Days Payable falls into.


TSE:9504
64GF Score
Chugoku Electric Power Co Inc TSE:9504
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chugoku Electric Power 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.

Chugoku Electric Power 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
=( (117709 + 107045) / 2 ) / 1352085*365
=112377 / 1352085*365
=30.34

Chugoku Electric Power 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (94757 + 107045) / 2 ) / 395410*365 / 4
=100901 / 395410*365 / 4
=23.29

* 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 23.29 mean?
Chugoku Electric Power Co (TSE:9504) has a Days Payable of 23.29 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 Chugoku Electric Power Co and its competitors. This is 23% above median its historical median of 18.95. Over the past decade, Chugoku Electric Power Co's Days Payable has ranged from 14.74 to 30.34. According to the industry distribution chart, Chugoku Electric Power Co ranks #315 out of 391 companies in the Utilities - Independent Power Producers industry, placing it in the top 80.6%.
Is Chugoku Electric Power Co's Days Payable too high?
Chugoku Electric Power Co's current Days Payable of 23.29 is 23% above median its 10-year median of 18.95. Over the past 10 years, this metric has ranged from a low of 14.74 to a high of 30.34. The Utilities - Independent Power Producers industry median Days Payable is 79.51. Chugoku Electric Power Co's value of 23.29 is 70.7% below this industry median. Based on the distribution chart, Chugoku Electric Power Co ranks #315 out of 391 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Chugoku Electric Power Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chugoku Electric Power Co's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Chugoku Electric Power Co ranks #315 out of 391 companies for Days Payable. This places Chugoku Electric Power Co in the lower half of its industry. The industry median Days Payable is 79.51. Chugoku Electric Power Co's value of 23.29 is 70.7% below this benchmark. Historically, Chugoku Electric Power Co's own Days Payable has ranged from 14.74 to 30.34 over the past decade. While the company's 10-year median is 18.95 vs. the industry median of 79.51, Chugoku Electric Power 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.51, based on 391 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. Chugoku Electric Power Co's current Days Payable of 23.29 is 70.7% 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 Chugoku Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugoku Electric Power Co's current Days Payable is 23.29, which is 23% above median its own 10-year median of 18.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugoku Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Chugoku Electric Power Co (TSE:9504) is currently considered Modestly Overvalued. The stock's GF Value™ is 円850.13, compared to a current price of 円940.80 — trading 10.7% above its estimated fair value. The current Days Payable is 23.29, which is 23% above median its 10-year median of 18.95 and 70.7% below the Utilities - Independent Power Producers industry median of 79.51. Chugoku Electric Power Co's overall GF Score™ is 64/100 with 7 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 Chugoku Electric Power Co (TSE:9504), the current Days Payable is 23.29 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 Chugoku Electric Power Co (TSE:9504) Overvalued in 2026?

Based on GuruFocus' analysis, Chugoku Electric Power Co stock appears to be overvalued. The current stock price of 円940.80 is trading 10.7% above its estimated GF Value™ of 円850.13. GuruFocus considers Chugoku Electric Power Co to be Modestly Overvalued.

Key valuation signals for TSE:9504:

  • Days Payable: 23.29 (23% above median its 10-year median of 18.95)
  • GF Value™: 円850.13 vs. price of 円940.80 (10.7% above fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 70.7% below the Utilities - Independent Power Producers median (#315 of 391)

No single metric tells the full story. See the TSE:9504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chugoku Electric Power Co Business Description

Other Exchanges 59K:Germany
Address 4-33 Komachi, Naka-ku, Hiroshima, JPN, 730-8701
Chugoku Electric Power Co Inc is a Japanese electric utility company mainly serving the industrial region of Chugoku on the western end of Japan's main island of Honshu. The company is involved in the generation, transmission, distribution, and supply of energy. Chugoku Electric owns and operates a portfolio of thermal, nuclear, and hydroelectric power plants located mainly in its home region. While majority of these energy-generating facilities are hydroelectric, the vast majority of the company's total energy production comes from its thermal sites. It generates revenue mainly from the sale of electric power to commercial and industrial customers in Chugoku. The company also owns assets and offers consulting and training services throughout Southeast Asia.
64GF Score

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

円940.80
Price
円850.13
GF Value