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Verite CoTSE:9904 +0.41%72 Days Payable is 87.53 as of Mar. 2026, which is 39% below its 10-year median of 142.34. GuruFocus rates TSE:9904 with a GF Score™ of 72/100 and a GF Value™ of 円473.48 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,108 Retail - Cyclical companies, Verite Co ranks better than 82.94% on this metric.
Verite Co's average Accounts Payable for the
three
months ended in Mar. 2026 was 円1,035 Mil. Verite Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円1,079 Mil.
Hence, Verite Co's Days Payable for the
three
months ended in Mar. 2026 was 87.53.
The historical rank and industry rank for Verite Co's Days Payable or its related term are showing as below:
TSE:9904'
s Days Payable Range Over the Past 10 Years
Min: 76.13 Med: 142.34 Max: 207.54
Current: 117.08
During the past 13 years, Verite Co's highest Days Payable was 207.54. The lowest was 76.13. And the median was 142.34.
TSE:9904's Days Payable is ranked better than 82.94% of 1108
companies
in the Retail - Cyclical industry
Industry Median: 50.795
vs TSE:9904: 117.08
Verite Co's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (87.53).
It may suggest that Verite Codelayed paying its suppliers.
The historical data trend for Verite 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.
For the Luxury Goods subindustry, Verite 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.
Verite Co Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Verite Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Verite 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.
Verite 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.
Verite Co (TSE:9904) has a Days Payable of 87.53 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 Verite Co and its competitors. This is 39% below median its historical median of 142.34. Over the past decade, Verite Co's Days Payable has ranged from 76.13 to 207.54. According to the industry distribution chart, Verite Co ranks #189 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 17.1%.
Is Verite Co's Days Payable too high?
Verite Co's current Days Payable of 87.53 is 39% below median its 10-year median of 142.34. Over the past 10 years, this metric has ranged from a low of 76.13 to a high of 207.54. The Retail - Cyclical industry median Days Payable is 50.80. Verite Co's value of 87.53 is 72.3% above this industry median. Based on the distribution chart, Verite Co ranks #189 out of 1108 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Verite Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Verite Co's Days Payable compare to TPR?
According to the Retail - Cyclical industry distribution chart, Verite Co ranks #189 out of 1108 companies for Days Payable. This places Verite Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 50.80. Verite Co's value of 87.53 is 72.3% above this benchmark. Historically, Verite Co's own Days Payable has ranged from 76.13 to 207.54 over the past decade. While the company's 10-year median is 142.34 vs. the industry median of 50.80, Verite 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 - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 50.80, based on 1,108 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. Verite Co's current Days Payable of 87.53 is 72.3% 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 Verite Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 50.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verite Co's current Days Payable is 87.53, which is 39% below median its own 10-year median of 142.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verite Co stock overvalued right now?
Based on GuruFocus' analysis, Verite Co (TSE:9904) is currently considered Significantly Undervalued. The stock's GF Value™ is 円473.48, compared to a current price of 円242.00 — trading 48.9% below its estimated fair value. The current Days Payable is 87.53, which is 39% below median its 10-year median of 142.34 and 72.3% above the Retail - Cyclical industry median of 50.80. Verite Co's overall GF Score™ is 72/100 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 Verite Co (TSE:9904), the current Days Payable is 87.53 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 Verite Co (TSE:9904) Overvalued in 2026?
Based on GuruFocus' analysis, Verite Co stock appears to be undervalued.
The current stock price of 円242.00 is trading 48.9% below its estimated GF Value™ of 円473.48.
GuruFocus considers Verite Co to be Significantly Undervalued.
Key valuation signals for TSE:9904:
Days Payable: 87.53 (39% below median its 10-year median of 142.34)
GF Value™: 円473.48 vs. price of 円242.00 (48.9% below fair value)
Industry Position: 72.3% above the Retail - Cyclical median (#189 of 1108)
No single metric tells the full story. See the TSE:9904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing and renovation.
72GF Score
Get the complete analysis for TSE:9904
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