Hiroshima Gas Co (TSE:9535) Days Payable: 37.31 (As of Mar. 2026) — 18% Below Median


TSE:9535 Hiroshima Gas Co Ltd TSE:9535
62 GF Score
Price 円420.00
GF Value 円352.04
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hiroshima Gas Co Days Payable?

Hiroshima Gas Co TSE:9535 62 Days Payable is 37.31 as of Mar. 2026, which is 18% below its 10-year median of 45.45. GuruFocus rates TSE:9535 with a GF Score™ of 62/100 and a GF Value™ of 円352.04 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 852 Oil & Gas companies, Hiroshima Gas Co ranks worse than 71.83% on this metric.

Hiroshima Gas Co's average Accounts Payable for the three months ended in Mar. 2026 was 円7,390 Mil. Hiroshima Gas Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円18,075 Mil. Hence, Hiroshima Gas Co's Days Payable for the three months ended in Mar. 2026 was 37.31.

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

TSE:9535' s Days Payable Range Over the Past 10 Years
Min: 28.53   Med: 45.45   Max: 52.71
Current: 33.58

During the past 13 years, Hiroshima Gas Co's highest Days Payable was 52.71. The lowest was 28.53. And the median was 45.45.

TSE:9535's Days Payable is ranked worse than
71.83% of 852 companies
in the Oil & Gas industry
Industry Median: 58.145 vs TSE:9535: 33.58

Hiroshima Gas Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (37.31). It may suggest that Hiroshima Gas Co delayed paying its suppliers.


Hiroshima Gas Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hiroshima Gas 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.

Hiroshima Gas Co Days Payable Chart

Hiroshima Gas 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 38.73 28.53 46.59 46.11 37.50

Hiroshima Gas Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 30.20 27.47 33.82 37.31

TSE:9535 vs XOM, CVX: Days Payable Comparison

For the Oil & Gas Integrated subindustry, Hiroshima Gas 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.


Hiroshima Gas Co Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hiroshima Gas Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hiroshima Gas Co's Days Payable falls into.


TSE:9535
62GF Score
Hiroshima Gas Co Ltd TSE:9535
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiroshima Gas 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.

Hiroshima Gas 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
=( (5569 + 7179) / 2 ) / 62033*365
=6374 / 62033*365
=37.50

Hiroshima Gas 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
=( (7600 + 7179) / 2 ) / 18075*365 / 4
=7389.5 / 18075*365 / 4
=37.31

* 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 37.31 mean?
Hiroshima Gas Co (TSE:9535) has a Days Payable of 37.31 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 Hiroshima Gas Co and its competitors. This is 18% below median its historical median of 45.45. Over the past decade, Hiroshima Gas Co's Days Payable has ranged from 28.53 to 52.71. According to the industry distribution chart, Hiroshima Gas Co ranks #612 out of 852 companies in the Oil & Gas industry, placing it in the top 71.8%.
Is Hiroshima Gas Co's Days Payable too high?
Hiroshima Gas Co's current Days Payable of 37.31 is 18% below median its 10-year median of 45.45. Over the past 10 years, this metric has ranged from a low of 28.53 to a high of 52.71. The Oil & Gas industry median Days Payable is 58.15. Hiroshima Gas Co's value of 37.31 is 35.8% below this industry median. Based on the distribution chart, Hiroshima Gas Co ranks #612 out of 852 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Hiroshima Gas Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Gas Co's Days Payable compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Hiroshima Gas Co ranks #612 out of 852 companies for Days Payable. This places Hiroshima Gas Co in the lower half of its industry. The industry median Days Payable is 58.15. Hiroshima Gas Co's value of 37.31 is 35.8% below this benchmark. Historically, Hiroshima Gas Co's own Days Payable has ranged from 28.53 to 52.71 over the past decade. While the company's 10-year median is 45.45 vs. the industry median of 58.15, Hiroshima Gas 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 58.15, based on 852 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. Hiroshima Gas Co's current Days Payable of 37.31 is 35.8% 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 Hiroshima Gas Co and its competitors. For the Oil & Gas industry, the median Days Payable is 58.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Gas Co's current Days Payable is 37.31, which is 18% below median its own 10-year median of 45.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Gas Co (TSE:9535) is currently considered Modestly Overvalued. The stock's GF Value™ is 円352.04, compared to a current price of 円420.00 — trading 19.3% above its estimated fair value. The current Days Payable is 37.31, which is 18% below median its 10-year median of 45.45 and 35.8% below the Oil & Gas industry median of 58.15. Hiroshima Gas Co's overall GF Score™ is 62/100 with 5 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 Hiroshima Gas Co (TSE:9535), the current Days Payable is 37.31 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 Hiroshima Gas Co (TSE:9535) Overvalued in 2026?

Based on GuruFocus' analysis, Hiroshima Gas Co stock appears to be overvalued. The current stock price of 円420.00 is trading 19.3% above its estimated GF Value™ of 円352.04. GuruFocus considers Hiroshima Gas Co to be Modestly Overvalued.

Key valuation signals for TSE:9535:

  • Days Payable: 37.31 (18% below median its 10-year median of 45.45)
  • GF Value™: 円352.04 vs. price of 円420.00 (19.3% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 35.8% below the Oil & Gas median (#612 of 852)

No single metric tells the full story. See the TSE:9535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiroshima Gas Co Business Description

Industry EnergyOil & Gas
Address 2-7-1 Minamimachi, Minami Ward, Hiroshima, JPN, 734-8555
Hiroshima Gas Co Ltd is a provider of gas in the Chugoku region of Japan. It engages in supply of gas business, sale of gas appliances, sales of liquefied natural gas, and electricity business. Its business segments include Gas business which includes production, supply and sale of city gas, wholesale supply of gas to other gas companies; LPG business includes sale of LPG, refilling of LPG tanks, sale of LPG devices and installation of LPG pipes, and Other activities include construction, engineering, installation of machinery, and information distribution.
62GF Score

Get the complete analysis for TSE:9535

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

円420.00
Price
円352.04
GF Value