Keiyo Gas Co (TSE:9539) Days Payable: 32.97 (As of Jun. 2026) — Near Median

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TSE:9539 Keiyo Gas Co Ltd TSE:9539
71 GF Score
Price 円1,352.00
GF Value 円964.61
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Keiyo Gas Co Days Payable?

Keiyo Gas Co TSE:9539 71 Days Payable is 32.97 as of Jun. 2026, which is 4% below its 10-year median of 34.26. GuruFocus rates TSE:9539 with a GF Score™ of 71/100 and a GF Value™ of 円964.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 478 Utilities - Regulated companies, Keiyo Gas Co ranks worse than 84.31% on this metric.

Keiyo Gas Co's average Accounts Payable for the three months ended in Jun. 2026 was 円6,164 Mil. Keiyo Gas Co's Cost of Goods Sold for the three months ended in Jun. 2026 was 円17,062 Mil. Hence, Keiyo Gas Co's Days Payable for the three months ended in Jun. 2026 was 32.97.

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

TSE:9539' s Days Payable Range Over the Past 10 Years
Min: 27.91   Med: 34.26   Max: 39.55
Current: 27.91

During the past 13 years, Keiyo Gas Co's highest Days Payable was 39.55. The lowest was 27.91. And the median was 34.26.

TSE:9539's Days Payable is ranked worse than
84.31% of 478 companies
in the Utilities - Regulated industry
Industry Median: 68.945 vs TSE:9539: 27.91

Keiyo Gas Co's Days Payable declined from Jun. 2025 (34.38) to Jun. 2026 (32.97). It may suggest that Keiyo Gas Co accelerated paying its suppliers.


Keiyo Gas Co Days Payable Historical Data

* Premium members only.

The historical data trend for Keiyo 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.

Keiyo Gas Co Days Payable Chart

Keiyo Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.91 36.43 39.55 38.31 37.11

Keiyo Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 34.38 26.99 29.16 27.02 32.97

TSE:9539 vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Keiyo 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.


Keiyo Gas Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Keiyo Gas Co's Days Payable distribution charts can be found below:

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


TSE:9539
71GF Score
Keiyo Gas Co Ltd TSE:9539
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Keiyo 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.

Keiyo Gas Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (8486 + 7792) / 2 ) / 80052*365
=8139 / 80052*365
=37.11

Keiyo Gas Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (6867 + 5461) / 2 ) / 17062*365 / 4
=6164 / 17062*365 / 4
=32.97

* 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 32.97 mean?
Keiyo Gas Co (TSE:9539) has a Days Payable of 32.97 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Keiyo Gas Co and its competitors. This is near median its historical median of 34.26. Over the past decade, Keiyo Gas Co's Days Payable has ranged from 27.91 to 39.55. According to the industry distribution chart, Keiyo Gas Co ranks #403 out of 478 companies in the Utilities - Regulated industry, placing it in the top 84.3%.
Is Keiyo Gas Co's Days Payable too high?
Keiyo Gas Co's current Days Payable of 32.97 is near median its 10-year median of 34.26. Over the past 10 years, this metric has ranged from a low of 27.91 to a high of 39.55. The Utilities - Regulated industry median Days Payable is 68.95. Keiyo Gas Co's value of 32.97 is 52.2% below this industry median. Based on the distribution chart, Keiyo Gas Co ranks #403 out of 478 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Keiyo Gas Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keiyo Gas Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Keiyo Gas Co ranks #403 out of 478 companies for Days Payable. This places Keiyo Gas Co in the lower half of its industry. The industry median Days Payable is 68.95. Keiyo Gas Co's value of 32.97 is 52.2% below this benchmark. Historically, Keiyo Gas Co's own Days Payable has ranged from 27.91 to 39.55 over the past decade. While the company's 10-year median is 34.26 vs. the industry median of 68.95, Keiyo 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 68.95, based on 478 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. Keiyo Gas Co's current Days Payable of 32.97 is 52.2% 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 Keiyo Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 68.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keiyo Gas Co's current Days Payable is 32.97, which is near median its own 10-year median of 34.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keiyo Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Keiyo Gas Co (TSE:9539) is currently considered Significantly Overvalued. The stock's GF Value™ is 円964.61, compared to a current price of 円1,352.00 — trading 40.2% above its estimated fair value. The current Days Payable is 32.97, which is near median its 10-year median of 34.26 and 52.2% below the Utilities - Regulated industry median of 68.95. Keiyo Gas Co's overall GF Score™ is 71/100 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 Keiyo Gas Co (TSE:9539), the current Days Payable is 32.97 as of Jun. 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 Keiyo Gas Co (TSE:9539) Overvalued in 2026?

Based on GuruFocus' analysis, Keiyo Gas Co stock appears to be overvalued. The current stock price of 円1,352.00 is trading 40.2% above its estimated GF Value™ of 円964.61. GuruFocus considers Keiyo Gas Co to be Significantly Overvalued.

Key valuation signals for TSE:9539:

  • Days Payable: 32.97 (near median its 10-year median of 34.26)
  • GF Value™: 円964.61 vs. price of 円1,352.00 (40.2% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 52.2% below the Utilities - Regulated median (#403 of 478)

No single metric tells the full story. See the TSE:9539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keiyo Gas Co Business Description

Address 2-8-8 Minami Ichikawa, Chiba Prefecture, Ichikawa, JPN, 272-8580
Keiyo Gas Co Ltd is engaged in gas business. The company produces, process and sells gas byproducts. It is also engaged in production, sales, rental, installation, repair, maintenance and management of gas appliances, kitchen equipment, water supply, and drainage equipment, air conditioning equipment and housing equipment.
71GF Score

Get the complete analysis for TSE:9539

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

円1,352.00
Price
円964.61
GF Value