ITOCHU (WBO:IOC) Days Payable: 72.36 (As of Mar. 2026) — Near Median


WBO:IOC ITOCHU Corp WBO:IOC
78 GF Score
Price €10.02
GF Value €8.53
Valuation Modestly Overvalued
! 4 Warning Signs
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What is ITOCHU Days Payable?

ITOCHU WBO:IOC +0.40% 78 Days Payable is 72.36 as of Mar. 2026, which is 5% above its 10-year median of 68.74. GuruFocus rates WBO:IOC with a GF Score™ of 78/100 and a GF Value™ of €8.53 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 505 Conglomerates companies, ITOCHU ranks better than 62.97% on this metric.

ITOCHU's average Accounts Payable for the three months ended in Mar. 2026 was €13,755 Mil. ITOCHU's Cost of Goods Sold for the three months ended in Mar. 2026 was €17,346 Mil. Hence, ITOCHU's Days Payable for the three months ended in Mar. 2026 was 72.36.

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

WBO:IOC' s Days Payable Range Over the Past 10 Years
Min: 61.93   Med: 68.74   Max: 149.04
Current: 70.94

During the past 13 years, ITOCHU's highest Days Payable was 149.04. The lowest was 61.93. And the median was 68.74.

WBO:IOC's Days Payable is ranked better than
62.97% of 505 companies
in the Conglomerates industry
Industry Median: 55.71 vs WBO:IOC: 70.94

ITOCHU's Days Payable declined from Mar. 2025 (73.24) to Mar. 2026 (72.36). It may suggest that ITOCHU accelerated paying its suppliers.


ITOCHU Days Payable Historical Data

* Premium members only.

The historical data trend for ITOCHU'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.

ITOCHU Days Payable Chart

ITOCHU 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 63.63 64.84 72.20 67.71 73.60

ITOCHU 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 73.24 71.74 71.10 75.04 72.36

WBO:IOC vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, ITOCHU'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.


ITOCHU Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, ITOCHU's Days Payable distribution charts can be found below:

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


WBO:IOC
78GF Score
ITOCHU Corp WBO:IOC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ITOCHU 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.

ITOCHU'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
=( (14039.977 + 13094.644) / 2 ) / 67280.87*365
=13567.3105 / 67280.87*365
=73.60

ITOCHU'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
=( (14414.867 + 13094.644) / 2 ) / 17346.105*365 / 4
=13754.7555 / 17346.105*365 / 4
=72.36

* 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 72.36 mean?
ITOCHU (WBO:IOC) has a Days Payable of 72.36 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 ITOCHU and its competitors. This is near median its historical median of 68.74. Over the past decade, ITOCHU's Days Payable has ranged from 61.93 to 149.04. According to the industry distribution chart, ITOCHU ranks #187 out of 505 companies in the Conglomerates industry, placing it in the top 37%.
Is ITOCHU's Days Payable too high?
ITOCHU's current Days Payable of 72.36 is near median its 10-year median of 68.74. Over the past 10 years, this metric has ranged from a low of 61.93 to a high of 149.04. The Conglomerates industry median Days Payable is 55.71. ITOCHU's value of 72.36 is 29.9% above this industry median. Based on the distribution chart, ITOCHU ranks #187 out of 505 companies in the Conglomerates industry, which is above the industry midpoint. Overall, ITOCHU has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ITOCHU's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, ITOCHU ranks #187 out of 505 companies for Days Payable. This puts ITOCHU in the upper half of its industry. The industry median Days Payable is 55.71. ITOCHU's value of 72.36 is 29.9% above this benchmark. Historically, ITOCHU's own Days Payable has ranged from 61.93 to 149.04 over the past decade. While the company's 10-year median is 68.74 vs. the industry median of 55.71, ITOCHU 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.71, based on 505 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. ITOCHU's current Days Payable of 72.36 is 29.9% 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 ITOCHU and its competitors. For the Conglomerates industry, the median Days Payable is 55.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITOCHU's current Days Payable is 72.36, which is near median its own 10-year median of 68.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITOCHU stock overvalued right now?
Based on GuruFocus' analysis, ITOCHU (WBO:IOC) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.53, compared to a current price of €10.02 — trading 17.5% above its estimated fair value. The current Days Payable is 72.36, which is near median its 10-year median of 68.74 and 29.9% above the Conglomerates industry median of 55.71. ITOCHU's overall GF Score™ is 78/100 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 ITOCHU (WBO:IOC), the current Days Payable is 72.36 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 ITOCHU (WBO:IOC) Overvalued in 2026?

Based on GuruFocus' analysis, ITOCHU stock appears to be overvalued. The current stock price of €10.02 is trading 17.5% above its estimated GF Value™ of €8.53. GuruFocus considers ITOCHU to be Modestly Overvalued.

Key valuation signals for WBO:IOC:

  • Days Payable: 72.36 (near median its 10-year median of 68.74)
  • GF Value™: €8.53 vs. price of €10.02 (17.5% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 29.9% above the Conglomerates median (#187 of 505)

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


ITOCHU Business Description

Address 5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077
Itochu is a general trading house, or sogo shosha, a conglomerate type unique to Japan. The primary driver for sogo shoshas is trading and intermediation between businesses and leveraging their wide domestic and global information and contact networks to extract value. Itochu has historical roots as a textile trader, but over the years has expanded its portfolio from upstream minerals production, to midstream industrial machinery, food processing, and information and communication technology, and all the way to downstream textiles, convenience stores (Family Mart) and realty. Among the Big Five sogo shoshas, Itochu has the highest exposure to the nonresources businesses, and to the domestic business. It continues to skew its future investments toward the downstream and consumer businesses.
78GF Score

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

€10.02
Price
€8.53
GF Value