Tokyotokeiba Co (TSE:9672) Days Payable: 15.55 (As of Dec. 2025) — 23% Below Median

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TSE:9672 Tokyotokeiba Co Ltd TSE:9672
88 GF Score
Price 円4,850.00
GF Value 円4,879.81
Valuation Fairly Valued
! 3 Warning Signs
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What is Tokyotokeiba Co Days Payable?

Tokyotokeiba Co TSE:9672 -1.32% 88 Days Payable is 15.55 as of Dec. 2025, which is 23% below its 10-year median of 20.19. GuruFocus rates TSE:9672 with a GF Score™ of 88/100 and a GF Value™ of 円4,879.81 (Fairly Valued). The stock has 3 warning signs investors should review. Among 777 Travel & Leisure companies, Tokyotokeiba Co ranks worse than 88.93% on this metric.

Tokyotokeiba Co's average Accounts Payable for the three months ended in Dec. 2025 was 円1,088 Mil. Tokyotokeiba Co's Cost of Goods Sold for the three months ended in Dec. 2025 was 円6,384 Mil. Hence, Tokyotokeiba Co's Days Payable for the three months ended in Dec. 2025 was 15.55.

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

TSE:9672' s Days Payable Range Over the Past 10 Years
Min: 14.51   Med: 20.19   Max: 26.68
Current: 14.51

During the past 13 years, Tokyotokeiba Co's highest Days Payable was 26.68. The lowest was 14.51. And the median was 20.19.

TSE:9672's Days Payable is ranked worse than
88.93% of 777 companies
in the Travel & Leisure industry
Industry Median: 57.32 vs TSE:9672: 14.51

Tokyotokeiba Co's Days Payable increased from Dec. 2024 (15.35) to Dec. 2025 (15.55). It may suggest that Tokyotokeiba Co delayed paying its suppliers.


Tokyotokeiba Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tokyotokeiba 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.

Tokyotokeiba Co Days Payable Chart

Tokyotokeiba 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 15.62 20.39 22.92 19.99 17.89

Tokyotokeiba 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 17.34 14.38 13.20 15.55 16.58

TSE:9672 vs FLUT, DKNG, SGHC: Days Payable Comparison

For the Gambling subindustry, Tokyotokeiba 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.


Tokyotokeiba Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tokyotokeiba Co's Days Payable distribution charts can be found below:

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


TSE:9672
88GF Score
Tokyotokeiba Co Ltd TSE:9672
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyotokeiba 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.

Tokyotokeiba 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
=( (1170.657 + 1189.811) / 2 ) / 24081.649*365
=1180.234 / 24081.649*365
=17.89

Tokyotokeiba Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (985.972 + 1189.811) / 2 ) / 6384.042*365 / 4
=1087.8915 / 6384.042*365 / 4
=15.55

* 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 15.55 mean?
Tokyotokeiba Co (TSE:9672) has a Days Payable of 15.55 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tokyotokeiba Co and its competitors. This is 23% below median its historical median of 20.19. Over the past decade, Tokyotokeiba Co's Days Payable has ranged from 14.51 to 26.68. According to the industry distribution chart, Tokyotokeiba Co ranks #691 out of 777 companies in the Travel & Leisure industry, placing it in the top 88.9%.
Is Tokyotokeiba Co's Days Payable too high?
Tokyotokeiba Co's current Days Payable of 15.55 is 23% below median its 10-year median of 20.19. Over the past 10 years, this metric has ranged from a low of 14.51 to a high of 26.68. The Travel & Leisure industry median Days Payable is 57.32. Tokyotokeiba Co's value of 15.55 is 72.9% below this industry median. Based on the distribution chart, Tokyotokeiba Co ranks #691 out of 777 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Tokyotokeiba Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyotokeiba Co's Days Payable compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Tokyotokeiba Co ranks #691 out of 777 companies for Days Payable. This places Tokyotokeiba Co in the lower half of its industry. The industry median Days Payable is 57.32. Tokyotokeiba Co's value of 15.55 is 72.9% below this benchmark. Historically, Tokyotokeiba Co's own Days Payable has ranged from 14.51 to 26.68 over the past decade. While the company's 10-year median is 20.19 vs. the industry median of 57.32, Tokyotokeiba 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.32, based on 777 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. Tokyotokeiba Co's current Days Payable of 15.55 is 72.9% 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 Tokyotokeiba Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyotokeiba Co's current Days Payable is 15.55, which is 23% below median its own 10-year median of 20.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyotokeiba Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyotokeiba Co (TSE:9672) is currently considered Fairly Valued. The stock's GF Value™ is 円4,879.81, compared to a current price of 円4,850.00 — trading 0.6% below its estimated fair value. The current Days Payable is 15.55, which is 23% below median its 10-year median of 20.19 and 72.9% below the Travel & Leisure industry median of 57.32. Tokyotokeiba Co's overall GF Score™ is 88/100 with 3 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 Tokyotokeiba Co (TSE:9672), the current Days Payable is 15.55 as of Dec. 2025. 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 Tokyotokeiba Co (TSE:9672) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyotokeiba Co stock appears to be undervalued. The current stock price of 円4,850.00 is trading 0.6% below its estimated GF Value™ of 円4,879.81. GuruFocus considers Tokyotokeiba Co to be Fairly Valued.

Key valuation signals for TSE:9672:

  • Days Payable: 15.55 (23% below median its 10-year median of 20.19)
  • GF Value™: 円4,879.81 vs. price of 円4,850.00 (0.6% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 72.9% below the Travel & Leisure median (#691 of 777)

No single metric tells the full story. See the TSE:9672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyotokeiba Co Business Description

Address 1-6-8 Omori Kita, Ota-ku, Tokyo, JPN, 143-0016
Tokyotokeiba Co Ltd is a gambling company engaged in horse racing. The company has four business segments: public competition, amusement park, warehouse leasing, and service. The public competition segment operates horse and auto race tracks. The amusement park segment operates Tokyo Summerland. The warehouse leasing segment leases logistics warehouses, and the service segment leases commercial facilities. The company generates the vast majority of its revenue in Japan.
88GF Score

Get the complete analysis for TSE:9672

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

円4,850.00
Price
円4,879.81
GF Value