RENOVATSE:9519 -3.60%80 Days Payable is 99.01 as of Mar. 2026, which is 28% below its 10-year median of 136.77. GuruFocus rates TSE:9519 with a GF Score™ of 80/100 and a GF Value™ of 円1,349.86 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 389 Utilities - Independent Power Producers companies, RENOVA ranks better than 61.7% on this metric.
RENOVA's average Accounts Payable for the
three
months ended in Mar. 2026 was 円12,304 Mil. RENOVA's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円11,339 Mil.
Hence, RENOVA's Days Payable for the
three
months ended in Mar. 2026 was 99.01.
The historical rank and industry rank for RENOVA's Days Payable or its related term are showing as below:
TSE:9519'
s Days Payable Range Over the Past 10 Years
Min: 1.94 Med: 136.77 Max: 515.69
Current: 115.4
During the past 11 years, RENOVA's highest Days Payable was 515.69. The lowest was 1.94. And the median was 136.77.
RENOVA's Days Payable
declined
from Mar. 2025 (119.06) to Mar. 2026 (99.01).
It may suggest that RENOVAaccelerated paying its suppliers.
RENOVA Days Payable Related Terms
RENOVA Days Payable Historical Data
* Premium members only.
The historical data trend for RENOVA'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.
For the Utilities - Renewable subindustry, RENOVA'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.
RENOVA Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, RENOVA's Days Payable distribution charts can be found below:
* The bar in red indicates where RENOVA's Days Payable falls into.
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.
RENOVA's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
RENOVA (TSE:9519) has a Days Payable of 99.01 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 RENOVA and its competitors. This is 28% below median its historical median of 136.77. Over the past decade, RENOVA's Days Payable has ranged from 1.94 to 515.69. According to the industry distribution chart, RENOVA ranks #149 out of 389 companies in the Utilities - Independent Power Producers industry, placing it in the top 38.3%.
Is RENOVA's Days Payable too high?
RENOVA's current Days Payable of 99.01 is 28% below median its 10-year median of 136.77. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 515.69. The Utilities - Independent Power Producers industry median Days Payable is 79.77. RENOVA's value of 99.01 is 24.1% above this industry median. Based on the distribution chart, RENOVA ranks #149 out of 389 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, RENOVA has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RENOVA's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, RENOVA ranks #149 out of 389 companies for Days Payable. This puts RENOVA in the upper half of its industry. The industry median Days Payable is 79.77. RENOVA's value of 99.01 is 24.1% above this benchmark. Historically, RENOVA's own Days Payable has ranged from 1.94 to 515.69 over the past decade. While the company's 10-year median is 136.77 vs. the industry median of 79.77, RENOVA 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.77, based on 389 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. RENOVA's current Days Payable of 99.01 is 24.1% 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 RENOVA and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RENOVA's current Days Payable is 99.01, which is 28% below median its own 10-year median of 136.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RENOVA stock overvalued right now?
Based on GuruFocus' analysis, RENOVA (TSE:9519) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,349.86, compared to a current price of 円964.00 — trading 28.6% below its estimated fair value. The current Days Payable is 99.01, which is 28% below median its 10-year median of 136.77 and 24.1% above the Utilities - Independent Power Producers industry median of 79.77. RENOVA's overall GF Score™ is 80/100 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 RENOVA (TSE:9519), the current Days Payable is 99.01 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 RENOVA (TSE:9519) Overvalued in 2026?
Based on GuruFocus' analysis, RENOVA stock appears to be undervalued.
The current stock price of 円964.00 is trading 28.6% below its estimated GF Value™ of 円1,349.86.
GuruFocus considers RENOVA to be Modestly Undervalued.
Key valuation signals for TSE:9519:
Days Payable: 99.01 (28% below median its 10-year median of 136.77)
GF Value™: 円1,349.86 vs. price of 円964.00 (28.6% below fair value)
Industry Position: 24.1% above the Utilities - Independent Power Producers median (#149 of 389)
No single metric tells the full story. See the TSE:9519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RENOVA Inc is a Japan-based company mainly engaged in renewable energy generation business and the development and management of renewable energy business. With its subsidiaries, the company operates power generation business. Renewable energy power generation develops electricity sales business by operating renewable energy power plants, including large-scale solar power generation, wind power generation, and biomass power generation.
80GF Score
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