Belc CoTSE:9974 +0.92%92 Days Payable is 31.19 as of Feb. 2026, which is 7% above its 10-year median of 29.19. GuruFocus rates TSE:9974 with a GF Score™ of 92/100 and a GF Value™ of 円8,004.56 (Modestly Undervalued). Among 302 Retail - Defensive companies, Belc Co ranks worse than 65.56% on this metric.
Belc Co's average Accounts Payable for the
three
months ended in Feb. 2026 was 円26,081 Mil. Belc Co's Cost of Goods Sold for the
three
months ended in Feb. 2026 was 円76,311 Mil.
Hence, Belc Co's Days Payable for the
three
months ended in Feb. 2026 was 31.19.
The historical rank and industry rank for Belc Co's Days Payable or its related term are showing as below:
TSE:9974'
s Days Payable Range Over the Past 10 Years
Min: 26.88 Med: 29.19 Max: 31.91
Current: 31.91
During the past 13 years, Belc Co's highest Days Payable was 31.91. The lowest was 26.88. And the median was 29.19.
TSE:9974's Days Payable is ranked worse than 65.56% of 302
companies
in the Retail - Defensive industry
Industry Median: 43.31
vs TSE:9974: 31.91
Belc Co's Days Payable
declined
from Feb. 2025 (31.61) to Feb. 2026 (31.19).
It may suggest that Belc Coaccelerated paying its suppliers.
Belc Co Days Payable Related Terms
Belc Co Days Payable Historical Data
* Premium members only.
The historical data trend for Belc 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 Grocery Stores subindustry, Belc 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.
Belc Co Days Payable vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Belc Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Belc 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.
Belc Co's Days Payable for the fiscal year that ended in Feb. 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.
Belc Co (TSE:9974) has a Days Payable of 31.19 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Belc Co and its competitors. This is near median its historical median of 29.19. Over the past decade, Belc Co's Days Payable has ranged from 26.88 to 31.91. According to the industry distribution chart, Belc Co ranks #198 out of 302 companies in the Retail - Defensive industry, placing it in the top 65.6%.
Is Belc Co's Days Payable too high?
Belc Co's current Days Payable of 31.19 is near median its 10-year median of 29.19. Over the past 10 years, this metric has ranged from a low of 26.88 to a high of 31.91. The Retail - Defensive industry median Days Payable is 43.31. Belc Co's value of 31.19 is 28% below this industry median. Based on the distribution chart, Belc Co ranks #198 out of 302 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Belc Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belc Co's Days Payable compare to KR?
According to the Retail - Defensive industry distribution chart, Belc Co ranks #198 out of 302 companies for Days Payable. This places Belc Co in the lower half of its industry. The industry median Days Payable is 43.31. Belc Co's value of 31.19 is 28% below this benchmark. Historically, Belc Co's own Days Payable has ranged from 26.88 to 31.91 over the past decade. While the company's 10-year median is 29.19 vs. the industry median of 43.31, Belc 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 - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.31, based on 302 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. Belc Co's current Days Payable of 31.19 is 28% 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 Belc Co and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belc Co's current Days Payable is 31.19, which is near median its own 10-year median of 29.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belc Co stock overvalued right now?
Based on GuruFocus' analysis, Belc Co (TSE:9974) is currently considered Modestly Undervalued. The stock's GF Value™ is 円8,004.56, compared to a current price of 円6,600.00 — trading 17.5% below its estimated fair value. The current Days Payable is 31.19, which is near median its 10-year median of 29.19 and 28% below the Retail - Defensive industry median of 43.31. Belc Co's overall GF Score™ is 92/100. 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 Belc Co (TSE:9974), the current Days Payable is 31.19 as of Feb. 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 Belc Co (TSE:9974) Overvalued in 2026?
Based on GuruFocus' analysis, Belc Co stock appears to be undervalued.
The current stock price of 円6,600.00 is trading 17.5% below its estimated GF Value™ of 円8,004.56.
GuruFocus considers Belc Co to be Modestly Undervalued.
Key valuation signals for TSE:9974:
Days Payable: 31.19 (near median its 10-year median of 29.19)
GF Value™: 円8,004.56 vs. price of 円6,600.00 (17.5% below fair value)
Industry Position: 28% below the Retail - Defensive median (#198 of 302)
No single metric tells the full story. See the TSE:9974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on Saitama Prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities, and processed food. Belc Co. Ltd also provides services to its stores, including chain management and cleaning.
92GF Score
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