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Aigan CoTSE:9854 -2.98%51 Days Payable is 31.41 as of Mar. 2026, which is 11% below its 10-year median of 35.21. GuruFocus rates TSE:9854 with a GF Score™ of 51/100 and a GF Value™ of 円190.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,103 Retail - Cyclical companies, Aigan Co ranks worse than 76.7% on this metric.
Aigan Co's average Accounts Payable for the
six
months ended in Mar. 2026 was 円381 Mil. Aigan Co's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円2,211 Mil.
Hence, Aigan Co's Days Payable for the
six
months ended in Mar. 2026 was 31.41.
The historical rank and industry rank for Aigan Co's Days Payable or its related term are showing as below:
TSE:9854'
s Days Payable Range Over the Past 10 Years
Min: 27.13 Med: 35.21 Max: 42.86
Current: 28.77
During the past 13 years, Aigan Co's highest Days Payable was 42.86. The lowest was 27.13. And the median was 35.21.
TSE:9854's Days Payable is ranked worse than 76.7% of 1103
companies
in the Retail - Cyclical industry
Industry Median: 51.47
vs TSE:9854: 28.77
Aigan Co's Days Payable
increased
from Mar. 2025 (31.12) to Mar. 2026 (31.41).
It may suggest that Aigan Codelayed paying its suppliers.
Aigan Co Days Payable Related Terms
Aigan Co Days Payable Historical Data
* Premium members only.
The historical data trend for Aigan 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.
TSE:9854 vs CASY, WSM, DKS: Days Payable Comparison
For the Specialty Retail subindustry, Aigan 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.
Aigan Co Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Aigan Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Aigan Co's Days Payable falls into.
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.
Aigan Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Aigan Co (TSE:9854) has a Days Payable of 31.41 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 Aigan Co and its competitors. This is 11% below median its historical median of 35.21. Over the past decade, Aigan Co's Days Payable has ranged from 27.13 to 42.86. According to the industry distribution chart, Aigan Co ranks #846 out of 1103 companies in the Retail - Cyclical industry, placing it in the top 76.7%.
Is Aigan Co's Days Payable too high?
Aigan Co's current Days Payable of 31.41 is 11% below median its 10-year median of 35.21. Over the past 10 years, this metric has ranged from a low of 27.13 to a high of 42.86. The Retail - Cyclical industry median Days Payable is 51.47. Aigan Co's value of 31.41 is 39% below this industry median. Based on the distribution chart, Aigan Co ranks #846 out of 1103 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Aigan Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aigan Co's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Aigan Co ranks #846 out of 1103 companies for Days Payable. This places Aigan Co in the lower half of its industry. The industry median Days Payable is 51.47. Aigan Co's value of 31.41 is 39% below this benchmark. Historically, Aigan Co's own Days Payable has ranged from 27.13 to 42.86 over the past decade. While the company's 10-year median is 35.21 vs. the industry median of 51.47, Aigan 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.47, based on 1,103 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. Aigan Co's current Days Payable of 31.41 is 39% 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 Aigan Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aigan Co's current Days Payable is 31.41, which is 11% below median its own 10-year median of 35.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aigan Co stock overvalued right now?
Based on GuruFocus' analysis, Aigan Co (TSE:9854) is currently considered Significantly Overvalued. The stock's GF Value™ is 円190.13, compared to a current price of 円293.00 — trading 54.1% above its estimated fair value. The current Days Payable is 31.41, which is 11% below median its 10-year median of 35.21 and 39% below the Retail - Cyclical industry median of 51.47. Aigan Co's overall GF Score™ is 51/100 with 4 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 Aigan Co (TSE:9854), the current Days Payable is 31.41 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 Aigan Co (TSE:9854) Overvalued in 2026?
Based on GuruFocus' analysis, Aigan Co stock appears to be overvalued.
The current stock price of 円293.00 is trading 54.1% above its estimated GF Value™ of 円190.13.
GuruFocus considers Aigan Co to be Significantly Overvalued.
Key valuation signals for TSE:9854:
Days Payable: 31.41 (11% below median its 10-year median of 35.21)
GF Value™: 円190.13 vs. price of 円293.00 (54.1% above fair value)
Industry Position: 39% below the Retail - Cyclical median (#846 of 1103)
No single metric tells the full story. See the TSE:9854 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aigan Co Ltd develops eyeglasses specialty store that sells eyeglasses and other related products in Japan. Its main products consist of lenses, frames, contact lenses, sunglasses, and other accessories.
51GF Score
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