THOGF (Toho Gas Co) Days Sales Outstanding: 39.13 (As of Mar. 2026) — 11% Below 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.

THOGF Toho Gas Co Ltd THOGF
68 GF Score
Price $6.44
GF Value $6.25
! 3 Warning Signs
View Full Analysis

What is Toho Gas Co Days Sales Outstanding?

Toho Gas Co THOGF 68 Days Sales Outstanding is 39.13 as of Mar. 2026, which is 11% below its 10-year median of 43.88. GuruFocus rates THOGF with a GF Score™ of 68/100 and a GF Value™ of $6.25. The stock has 3 warning signs investors should review. Among 492 Utilities - Regulated companies, Toho Gas Co ranks better than 62.8% on this metric.

Toho Gas Co's average Accounts Receivable for the three months ended in Mar. 2026 was $502 Mil. Toho Gas Co's Revenue for the three months ended in Mar. 2026 was $1,170 Mil. Hence, Toho Gas Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 39.13.

The historical rank and industry rank for Toho Gas Co's Days Sales Outstanding or its related term are showing as below:

THOGF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.28   Med: 43.88   Max: 49.64
Current: 41

During the past 13 years, Toho Gas Co's highest Days Sales Outstanding was 49.64. The lowest was 40.28. And the median was 43.88.

THOGF's Days Sales Outstanding is ranked better than
62.8% of 492 companies
in the Utilities - Regulated industry
Industry Median: 52.45 vs THOGF: 41.00

Toho Gas Co's Days Sales Outstanding declined from Mar. 2025 (39.28) to Mar. 2026 (39.13).


Toho Gas Co  (OTCPK:THOGF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Toho Gas Co Days Sales Outstanding Related Terms


Toho Gas Co Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Toho Gas Co's Days Sales Outstanding 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.

Toho Gas Co Days Sales Outstanding Chart

Toho Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.74 43.98 52.69 46.90 46.69

Toho Gas Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Sales Outstanding 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 41.63 42.14 44.03 39.13 45.03

THOGF vs ATO, NI: Days Sales Outstanding Comparison

For the Utilities - Regulated Gas subindustry, Toho Gas Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


Toho Gas Co Days Sales Outstanding vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Toho Gas Co's Days Sales Outstanding falls into.


THOGF
68GF Score
Toho Gas Co Ltd THOGF
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toho Gas Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Toho Gas Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2026 is calculated as

Days Sales Outstanding (A: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (567.633 + 482.037) / 2 ) / 4103.062*365
=524.835 / 4103.062*365
=46.69

Toho Gas Co's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding (Q: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (521.553 + 482.037) / 2 ) / 1170.121*365 / 4
=501.795 / 1170.121*365 / 4
=39.13

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 39.13 mean?
Toho Gas Co (THOGF) has a Days Sales Outstanding of 39.13 as of Mar. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Toho Gas Co and its competitors. This is 11% below median its historical median of 43.88. Over the past decade, Toho Gas Co's Days Sales Outstanding has ranged from 40.28 to 49.64. According to the industry distribution chart, Toho Gas Co ranks #183 out of 492 companies in the Utilities - Regulated industry, placing it in the top 37.2%.
Is Toho Gas Co's Days Sales Outstanding too high?
Toho Gas Co's current Days Sales Outstanding of 39.13 is 11% below median its 10-year median of 43.88. Over the past 10 years, this metric has ranged from a low of 40.28 to a high of 49.64. The Utilities - Regulated industry median Days Sales Outstanding is 52.45. Toho Gas Co's value of 39.13 is 25.4% below this industry median. Based on the distribution chart, Toho Gas Co ranks #183 out of 492 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Toho Gas Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Toho Gas Co's Days Sales Outstanding compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Toho Gas Co ranks #183 out of 492 companies for Days Sales Outstanding. This puts Toho Gas Co in the upper half of its industry. The industry median Days Sales Outstanding is 52.45. Toho Gas Co's value of 39.13 is 25.4% below this benchmark. Historically, Toho Gas Co's own Days Sales Outstanding has ranged from 40.28 to 49.64 over the past decade. While the company's 10-year median is 43.88 vs. the industry median of 52.45, Toho Gas 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 Sales Outstanding for an Utilities - Regulated company?
The median Days Sales Outstanding among Utilities - Regulated companies is 52.45, based on 492 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toho Gas Co's current Days Sales Outstanding of 39.13 is 25.4% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Toho Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Sales Outstanding is 52.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Gas Co's current Days Sales Outstanding is 39.13, which is 11% below median its own 10-year median of 43.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Gas Co stock overvalued right now?
Toho Gas Co (THOGF) has a current Days Sales Outstanding of 39.13. The stock's GF Value™ is $6.25, compared to a current price of $6.44 — trading 3% above its estimated fair value. The current Days Sales Outstanding is 39.13, which is 11% below median its 10-year median of 43.88 and 25.4% below the Utilities - Regulated industry median of 52.45. Toho Gas Co's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Toho Gas Co (THOGF), the current Days Sales Outstanding is 39.13 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 Toho Gas Co (THOGF) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Gas Co stock appears to be overvalued. The current stock price of $6.44 is trading 3% above its estimated GF Value™ of $6.25.

Key valuation signals for THOGF:

  • Days Sales Outstanding: 39.13 (11% below median its 10-year median of 43.88)
  • GF Value™: $6.25 vs. price of $6.44 (3% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 25.4% below the Utilities - Regulated median (#183 of 492)

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


Toho Gas Co Business Description

Other Exchanges 9533:Japan59W:Germany
Address 19-18 Sakuradacho, Atsuta-ku, Aichi Prefecture, Nagoya, JPN, 456-8511
Toho Gas Co Ltd is a Japan-based company engaged in the supply of energy and related services, including electricity, gas, and liquefied petroleum gas (LPG). The company operates in three business segments. The Electricity segment engages in the sale of electricity. The Gas segment handles the manufacture and sale of gas, gas appliances, consignment supply, and plumbing work. The LPG and Other Energies segment covers the sale of LPG, related equipment, natural gas, heat supply, and coke. The Others segment includes contract processing, real estate management, and other ancillary businesses. It generates the majority of its revenue from the Gas segment.
68GF Score

Get the complete analysis for THOGF

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

$6.44
Price
$6.25
GF Value