Kabuki-Za Co (TSE:9661) Days Payable: 25.94 (As of Feb. 2026) — 22% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9661 Kabuki-Za Co Ltd TSE:9661
73 GF Score
Price 円4,470.00
GF Value 円5,705.50
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Kabuki-Za Co Days Payable?

Kabuki-Za Co TSE:9661 +0.11% 73 Days Payable is 25.94 as of Feb. 2026, which is 22% above its 10-year median of 21.28. GuruFocus rates TSE:9661 with a GF Score™ of 73/100 and a GF Value™ of 円5,705.50 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,567 Real Estate companies, Kabuki-Za Co ranks worse than 84.75% on this metric.

Kabuki-Za Co's average Accounts Payable for the six months ended in Feb. 2026 was 円201 Mil. Kabuki-Za Co's Cost of Goods Sold for the six months ended in Feb. 2026 was 円1,414 Mil. Hence, Kabuki-Za Co's Days Payable for the six months ended in Feb. 2026 was 25.94.

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

TSE:9661' s Days Payable Range Over the Past 10 Years
Min: 9.06   Med: 21.28   Max: 26.87
Current: 24.33

During the past 13 years, Kabuki-Za Co's highest Days Payable was 26.87. The lowest was 9.06. And the median was 21.28.

TSE:9661's Days Payable is ranked worse than
84.75% of 1567 companies
in the Real Estate industry
Industry Median: 93.29 vs TSE:9661: 24.33

Kabuki-Za Co's Days Payable increased from Feb. 2025 (21.68) to Feb. 2026 (25.94). It may suggest that Kabuki-Za Co delayed paying its suppliers.


Kabuki-Za Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kabuki-Za 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.

Kabuki-Za Co Days Payable Chart

Kabuki-Za Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.06 14.67 20.62 21.93 23.19

Kabuki-Za Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 22.04 22.96 21.68 23.76 25.94

TSE:9661 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Kabuki-Za 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.


Kabuki-Za Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kabuki-Za Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kabuki-Za Co's Days Payable falls into.


TSE:9661
73GF Score
Kabuki-Za Co Ltd TSE:9661
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kabuki-Za 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.

Kabuki-Za Co's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as

Days Payable (A: Feb. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2025 ) + Accounts Payable (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (140.94 + 204.11) / 2 ) / 2715.308*365
=172.525 / 2715.308*365
=23.19

Kabuki-Za Co's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (197.891 + 204.11) / 2 ) / 1414.293*365 / 2
=201.0005 / 1414.293*365 / 2
=25.94

* 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 25.94 mean?
Kabuki-Za Co (TSE:9661) has a Days Payable of 25.94 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kabuki-Za Co and its competitors. This is 22% above median its historical median of 21.28. Over the past decade, Kabuki-Za Co's Days Payable has ranged from 9.06 to 26.87. According to the industry distribution chart, Kabuki-Za Co ranks #1328 out of 1567 companies in the Real Estate industry, placing it in the top 84.7%.
Is Kabuki-Za Co's Days Payable too high?
Kabuki-Za Co's current Days Payable of 25.94 is 22% above median its 10-year median of 21.28. Over the past 10 years, this metric has ranged from a low of 9.06 to a high of 26.87. The Real Estate industry median Days Payable is 93.29. Kabuki-Za Co's value of 25.94 is 72.2% below this industry median. Based on the distribution chart, Kabuki-Za Co ranks #1328 out of 1567 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Kabuki-Za Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kabuki-Za Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Kabuki-Za Co ranks #1328 out of 1567 companies for Days Payable. This places Kabuki-Za Co in the lower half of its industry. The industry median Days Payable is 93.29. Kabuki-Za Co's value of 25.94 is 72.2% below this benchmark. Historically, Kabuki-Za Co's own Days Payable has ranged from 9.06 to 26.87 over the past decade. While the company's 10-year median is 21.28 vs. the industry median of 93.29, Kabuki-Za 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 Real Estate company?
The median Days Payable among Real Estate companies is 93.29, based on 1,567 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. Kabuki-Za Co's current Days Payable of 25.94 is 72.2% 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 Kabuki-Za Co and its competitors. For the Real Estate industry, the median Days Payable is 93.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kabuki-Za Co's current Days Payable is 25.94, which is 22% above median its own 10-year median of 21.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kabuki-Za Co stock overvalued right now?
Based on GuruFocus' analysis, Kabuki-Za Co (TSE:9661) is currently considered Modestly Undervalued. The stock's GF Value™ is 円5,705.50, compared to a current price of 円4,470.00 — trading 21.7% below its estimated fair value. The current Days Payable is 25.94, which is 22% above median its 10-year median of 21.28 and 72.2% below the Real Estate industry median of 93.29. Kabuki-Za Co's overall GF Score™ is 73/100 with 1 warning sign 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 Kabuki-Za Co (TSE:9661), the current Days Payable is 25.94 as of Feb. 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 Kabuki-Za Co (TSE:9661) Overvalued in 2026?

Based on GuruFocus' analysis, Kabuki-Za Co stock appears to be undervalued. The current stock price of 円4,470.00 is trading 21.7% below its estimated GF Value™ of 円5,705.50. GuruFocus considers Kabuki-Za Co to be Modestly Undervalued.

Key valuation signals for TSE:9661:

  • Days Payable: 25.94 (22% above median its 10-year median of 21.28)
  • GF Value™: 円5,705.50 vs. price of 円4,470.00 (21.7% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 72.2% below the Real Estate median (#1328 of 1567)

No single metric tells the full story. See the TSE:9661 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kabuki-Za Co Business Description

Address 4-12-15 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Kabuki-Za Co Ltd is a Japan-based company with its main business in the leasing of real estate, the operation of restaurants and shops, the producing and screening of movies, and live theater. The company operates in three business segments: real estate leasing, which operates in the leasing of theaters, buildings, and parking lots; restaurant and food service, which focuses on the operation of restaurants inside and outside of the theaters under the group; and the shop segment, which is involved in the retail business of Kabuki-related products inside the theaters.
73GF Score

Get the complete analysis for TSE:9661

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

円4,470.00
Price
円5,705.50
GF Value