Katongyo Co (TSE:9869) Days Payable: 87.13 (As of Mar. 2026) — 15% 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:9869 Kato Sangyo Co Ltd TSE:9869
86 GF Score
Price 円6,370.00
GF Value 円5,567.58
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Katongyo Co Days Payable?

Katongyo Co TSE:9869 -3.48% 86 Days Payable is 87.13 as of Mar. 2026, which is 15% above its 10-year median of 75.66. GuruFocus rates TSE:9869 with a GF Score™ of 86/100 and a GF Value™ of 円5,567.58 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 303 Retail - Defensive companies, Katongyo Co ranks better than 84.49% on this metric.

Katongyo Co's average Accounts Payable for the three months ended in Mar. 2026 was 円267,432 Mil. Katongyo Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円280,088 Mil. Hence, Katongyo Co's Days Payable for the three months ended in Mar. 2026 was 87.13.

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

TSE:9869' s Days Payable Range Over the Past 10 Years
Min: 68.54   Med: 75.66   Max: 81.99
Current: 79.23

During the past 13 years, Katongyo Co's highest Days Payable was 81.99. The lowest was 68.54. And the median was 75.66.

TSE:9869's Days Payable is ranked better than
84.49% of 303 companies
in the Retail - Defensive industry
Industry Median: 43.94 vs TSE:9869: 79.23

Katongyo Co's Days Payable declined from Mar. 2025 (87.71) to Mar. 2026 (87.13). It may suggest that Katongyo Co accelerated paying its suppliers.


Katongyo Co Days Payable Historical Data

* Premium members only.

The historical data trend for Katongyo 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.

Katongyo Co Days Payable Chart

Katongyo Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.54 78.62 81.99 81.39 76.95

Katongyo 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 87.71 76.85 75.64 81.13 87.13

TSE:9869 vs SYY, USFD, PFGC: Days Payable Comparison

For the Food Distribution subindustry, Katongyo 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.


Katongyo Co Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Katongyo Co's Days Payable distribution charts can be found below:

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


TSE:9869
86GF Score
Kato Sangyo Co Ltd TSE:9869
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Katongyo 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.

Katongyo Co's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (237965 + 236842) / 2 ) / 1126063*365
=237403.5 / 1126063*365
=76.95

Katongyo 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (297466 + 237398) / 2 ) / 280088*365 / 4
=267432 / 280088*365 / 4
=87.13

* 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 87.13 mean?
Katongyo Co (TSE:9869) has a Days Payable of 87.13 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 Katongyo Co and its competitors. This is 15% above median its historical median of 75.66. Over the past decade, Katongyo Co's Days Payable has ranged from 68.54 to 81.99. According to the industry distribution chart, Katongyo Co ranks #47 out of 303 companies in the Retail - Defensive industry, placing it in the top 15.5%.
Is Katongyo Co's Days Payable too high?
Katongyo Co's current Days Payable of 87.13 is 15% above median its 10-year median of 75.66. Over the past 10 years, this metric has ranged from a low of 68.54 to a high of 81.99. The Retail - Defensive industry median Days Payable is 43.94. Katongyo Co's value of 87.13 is 98.3% above this industry median. Based on the distribution chart, Katongyo Co ranks #47 out of 303 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Katongyo Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Katongyo Co's Days Payable compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Katongyo Co ranks #47 out of 303 companies for Days Payable. This places Katongyo Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 43.94. Katongyo Co's value of 87.13 is 98.3% above this benchmark. Historically, Katongyo Co's own Days Payable has ranged from 68.54 to 81.99 over the past decade. While the company's 10-year median is 75.66 vs. the industry median of 43.94, Katongyo Co has consistently been above 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 - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.94, based on 303 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. Katongyo Co's current Days Payable of 87.13 is 98.3% above 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 Katongyo Co and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Katongyo Co's current Days Payable is 87.13, which is 15% above median its own 10-year median of 75.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katongyo Co stock overvalued right now?
Based on GuruFocus' analysis, Katongyo Co (TSE:9869) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,567.58, compared to a current price of 円6,370.00 — trading 14.4% above its estimated fair value. The current Days Payable is 87.13, which is 15% above median its 10-year median of 75.66 and 98.3% above the Retail - Defensive industry median of 43.94. Katongyo Co's overall GF Score™ is 86/100 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 Katongyo Co (TSE:9869), the current Days Payable is 87.13 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 Katongyo Co (TSE:9869) Overvalued in 2026?

Based on GuruFocus' analysis, Katongyo Co stock appears to be overvalued. The current stock price of 円6,370.00 is trading 14.4% above its estimated GF Value™ of 円5,567.58. GuruFocus considers Katongyo Co to be Modestly Overvalued.

Key valuation signals for TSE:9869:

  • Days Payable: 87.13 (15% above median its 10-year median of 75.66)
  • GF Value™: 円5,567.58 vs. price of 円6,370.00 (14.4% above fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 98.3% above the Retail - Defensive median (#47 of 303)

No single metric tells the full story. See the TSE:9869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Katongyo Co Business Description

Address 9-20 Matsubara-cho, Nishinomiya-shi, JPN, 662-8543
Kato Sangyo Co Ltd is a food wholesale company that handles processed foods. The company is mainly located in Japan. The company segments its operations into room temperature distribution, low temperature distribution, alcoholic beverage distribution, and other. The room temperature distribution segment involves wholesale processed foods and confections. The low temperature distribution segment engages in wholesale low-temperature foods and agricultural products. The alcoholic beverage distribution segment operates in wholesale alcoholic beverages. The other segment relates to the company's logistics business and insurance agency business.
86GF Score

Get the complete analysis for TSE:9869

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

円6,370.00
Price
円5,567.58
GF Value