Imperial Hotel (TSE:9708) Days Payable: 48.89 (As of Mar. 2026) — 30% Above Median

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TSE:9708 Imperial Hotel Ltd TSE:9708
88 GF Score
Price 円1,008.00
GF Value 円1,092.54
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Imperial Hotel Days Payable?

Imperial Hotel TSE:9708 +1.00% 88 Days Payable is 48.89 as of Mar. 2026, which is 30% above its 10-year median of 37.51. GuruFocus rates TSE:9708 with a GF Score™ of 88/100 and a GF Value™ of 円1,092.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 780 Travel & Leisure companies, Imperial Hotel ranks worse than 62.31% on this metric.

Imperial Hotel's average Accounts Payable for the three months ended in Mar. 2026 was 円1,573 Mil. Imperial Hotel's Cost of Goods Sold for the three months ended in Mar. 2026 was 円2,936 Mil. Hence, Imperial Hotel's Days Payable for the three months ended in Mar. 2026 was 48.89.

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

TSE:9708' s Days Payable Range Over the Past 10 Years
Min: 28.95   Med: 37.51   Max: 48.03
Current: 41.87

During the past 13 years, Imperial Hotel's highest Days Payable was 48.03. The lowest was 28.95. And the median was 37.51.

TSE:9708's Days Payable is ranked worse than
62.31% of 780 companies
in the Travel & Leisure industry
Industry Median: 57.215 vs TSE:9708: 41.87

Imperial Hotel's Days Payable increased from Mar. 2025 (45.63) to Mar. 2026 (48.89). It may suggest that Imperial Hotel delayed paying its suppliers.


Imperial Hotel Days Payable Historical Data

* Premium members only.

The historical data trend for Imperial Hotel'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.

Imperial Hotel Days Payable Chart

Imperial Hotel 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 38.21 37.03 37.98 39.37 41.61

Imperial Hotel 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 45.63 38.82 43.55 37.19 48.89

TSE:9708 vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, Imperial Hotel'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.


Imperial Hotel Days Payable vs Travel & Leisure Industry

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

* The bar in red indicates where Imperial Hotel's Days Payable falls into.


TSE:9708
88GF Score
Imperial Hotel Ltd TSE:9708
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imperial Hotel 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.

Imperial Hotel'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
=( (1120 + 1378) / 2 ) / 10955*365
=1249 / 10955*365
=41.61

Imperial Hotel'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
=( (1768 + 1378) / 2 ) / 2936*365 / 4
=1573 / 2936*365 / 4
=48.89

* 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 48.89 mean?
Imperial Hotel (TSE:9708) has a Days Payable of 48.89 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 Imperial Hotel and its competitors. This is 30% above median its historical median of 37.51. Over the past decade, Imperial Hotel's Days Payable has ranged from 28.95 to 48.03. According to the industry distribution chart, Imperial Hotel ranks #486 out of 780 companies in the Travel & Leisure industry, placing it in the top 62.3%.
Is Imperial Hotel's Days Payable too high?
Imperial Hotel's current Days Payable of 48.89 is 30% above median its 10-year median of 37.51. Over the past 10 years, this metric has ranged from a low of 28.95 to a high of 48.03. The Travel & Leisure industry median Days Payable is 57.22. Imperial Hotel's value of 48.89 is 14.6% below this industry median. Based on the distribution chart, Imperial Hotel ranks #486 out of 780 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Imperial Hotel has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Imperial Hotel's Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Imperial Hotel ranks #486 out of 780 companies for Days Payable. This places Imperial Hotel in the lower half of its industry. The industry median Days Payable is 57.22. Imperial Hotel's value of 48.89 is 14.6% below this benchmark. Historically, Imperial Hotel's own Days Payable has ranged from 28.95 to 48.03 over the past decade. While the company's 10-year median is 37.51 vs. the industry median of 57.22, Imperial Hotel 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 57.22, based on 780 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. Imperial Hotel's current Days Payable of 48.89 is 14.6% 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 Imperial Hotel and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Hotel's current Days Payable is 48.89, which is 30% above median its own 10-year median of 37.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Hotel stock overvalued right now?
Based on GuruFocus' analysis, Imperial Hotel (TSE:9708) is currently considered Fairly Valued. The stock's GF Value™ is 円1,092.54, compared to a current price of 円1,008.00 — trading 7.7% below its estimated fair value. The current Days Payable is 48.89, which is 30% above median its 10-year median of 37.51 and 14.6% below the Travel & Leisure industry median of 57.22. Imperial Hotel'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 Imperial Hotel (TSE:9708), the current Days Payable is 48.89 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 Imperial Hotel (TSE:9708) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Hotel stock appears to be undervalued. The current stock price of 円1,008.00 is trading 7.7% below its estimated GF Value™ of 円1,092.54. GuruFocus considers Imperial Hotel to be Fairly Valued.

Key valuation signals for TSE:9708:

  • Days Payable: 48.89 (30% above median its 10-year median of 37.51)
  • GF Value™: 円1,092.54 vs. price of 円1,008.00 (7.7% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 14.6% below the Travel & Leisure median (#486 of 780)

No single metric tells the full story. See the TSE:9708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Imperial Hotel Business Description

Address 1-1, Uchisaiwai-cho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8558
Imperial Hotel Ltd is a Japanese-based company involved in the management and operations of hotels. The company is engaged into the operations of the Imperial Hotel Tokyo, the Imperial Hotel Osaka, and the Kamikochi Imperial Hotel, where it offers a range of services such as room, meeting and banquet, lounge, and other facilities.
88GF Score

Get the complete analysis for TSE:9708

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

円1,008.00
Price
円1,092.54
GF Value