Toyo Tec Co (TSE:9686) Days Payable: 3.34 (As of Mar. 2026) — 54% Below Median

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TSE:9686 Toyo Tec Co Ltd TSE:9686
88 GF Score
Price 円1,640.00
GF Value 円1,721.53
Valuation Fairly Valued
! 2 Warning Signs
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What is Toyo Tec Co Days Payable?

Toyo Tec Co TSE:9686 88 Days Payable is 3.34 as of Mar. 2026, which is 54% below its 10-year median of 7.26. GuruFocus rates TSE:9686 with a GF Score™ of 88/100 and a GF Value™ of 円1,721.53 (Fairly Valued). The stock has 2 warning signs investors should review. Among 945 Business Services companies, Toyo Tec Co ranks worse than 95.34% on this metric.

Toyo Tec Co's average Accounts Payable for the six months ended in Mar. 2026 was 円263 Mil. Toyo Tec Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円14,372 Mil. Hence, Toyo Tec Co's Days Payable for the six months ended in Mar. 2026 was 3.34.

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

TSE:9686' s Days Payable Range Over the Past 10 Years
Min: 2.9   Med: 7.26   Max: 9.56
Current: 2.9

During the past 13 years, Toyo Tec Co's highest Days Payable was 9.56. The lowest was 2.90. And the median was 7.26.

TSE:9686's Days Payable is ranked worse than
95.34% of 945 companies
in the Business Services industry
Industry Median: 46.11 vs TSE:9686: 2.90

Toyo Tec Co's Days Payable declined from Mar. 2025 (3.37) to Mar. 2026 (3.34). It may suggest that Toyo Tec Co accelerated paying its suppliers.


Toyo Tec Co Days Payable Historical Data

* Premium members only.

The historical data trend for Toyo Tec 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.

Toyo Tec Co Days Payable Chart

Toyo Tec 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 7.09 5.89 5.73 4.45 3.37

Toyo Tec Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.45 4.63 3.37 2.18 3.34

TSE:9686 vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Toyo Tec 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.


Toyo Tec Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Toyo Tec Co's Days Payable distribution charts can be found below:

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


TSE:9686
88GF Score
Toyo Tec Co Ltd TSE:9686
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyo Tec 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.

Toyo Tec 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
=( (287.777 + 342.586) / 2 ) / 34108.815*365
=315.1815 / 34108.815*365
=3.37

Toyo Tec 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (183.498 + 342.586) / 2 ) / 14372.403*365 / 2
=263.042 / 14372.403*365 / 2
=3.34

* 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 3.34 mean?
Toyo Tec Co (TSE:9686) has a Days Payable of 3.34 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 Toyo Tec Co and its competitors. This is 54% below median its historical median of 7.26. Over the past decade, Toyo Tec Co's Days Payable has ranged from 2.90 to 9.56. According to the industry distribution chart, Toyo Tec Co ranks #901 out of 945 companies in the Business Services industry, placing it in the top 95.3%.
Is Toyo Tec Co's Days Payable too high?
Toyo Tec Co's current Days Payable of 3.34 is 54% below median its 10-year median of 7.26. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 9.56. The Business Services industry median Days Payable is 46.11. Toyo Tec Co's value of 3.34 is 92.8% below this industry median. Based on the distribution chart, Toyo Tec Co ranks #901 out of 945 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Toyo Tec 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 Toyo Tec Co's Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Toyo Tec Co ranks #901 out of 945 companies for Days Payable. This places Toyo Tec Co in the lower half of its industry. The industry median Days Payable is 46.11. Toyo Tec Co's value of 3.34 is 92.8% below this benchmark. Historically, Toyo Tec Co's own Days Payable has ranged from 2.90 to 9.56 over the past decade. While the company's 10-year median is 7.26 vs. the industry median of 46.11, Toyo Tec 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. Toyo Tec Co's current Days Payable of 3.34 is 92.8% 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 Toyo Tec Co and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Tec Co's current Days Payable is 3.34, which is 54% below median its own 10-year median of 7.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Tec Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Tec Co (TSE:9686) is currently considered Fairly Valued. The stock's GF Value™ is 円1,721.53, compared to a current price of 円1,640.00 — trading 4.7% below its estimated fair value. The current Days Payable is 3.34, which is 54% below median its 10-year median of 7.26 and 92.8% below the Business Services industry median of 46.11. Toyo Tec Co's overall GF Score™ is 88/100 with 2 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 Toyo Tec Co (TSE:9686), the current Days Payable is 3.34 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 Toyo Tec Co (TSE:9686) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Tec Co stock appears to be undervalued. The current stock price of 円1,640.00 is trading 4.7% below its estimated GF Value™ of 円1,721.53. GuruFocus considers Toyo Tec Co to be Fairly Valued.

Key valuation signals for TSE:9686:

  • Days Payable: 3.34 (54% below median its 10-year median of 7.26)
  • GF Value™: 円1,721.53 vs. price of 円1,640.00 (4.7% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 92.8% below the Business Services median (#901 of 945)

No single metric tells the full story. See the TSE:9686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Tec Co Business Description

Address 1-7-18 Sakuragawa, Osaka, JPN
Toyo Tec Co Ltd is engaged in security and protection services. The product line includes, Online security TEC alert system, Image monitoring service, TEC-G premier, Surveillance camera system, Entering and leaving management system, Facility security services, Transport security service, ATM management work, Crowd guard, and Face authentication system.
88GF Score

Get the complete analysis for TSE:9686

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

円1,640.00
Price
円1,721.53
GF Value