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MaxellFRA:0H2 +3.74%76 Days Payable is 56.46 as of Mar. 2026, which is 9% below its 10-year median of 61.81. GuruFocus rates FRA:0H2 with a GF Score™ of 76/100 and a GF Value™ of €10.63. The stock has 1 warning sign investors should review. Among 2,442 Hardware companies, Maxell ranks worse than 57.33% on this metric.
Maxell's average Accounts Payable for the
three
months ended in Mar. 2026 was €88.9 Mil. Maxell's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €143.7 Mil.
Hence, Maxell's Days Payable for the
three
months ended in Mar. 2026 was 56.46.
The historical rank and industry rank for Maxell's Days Payable or its related term are showing as below:
FRA:0H2'
s Days Payable Range Over the Past 10 Years
Min: 54.23 Med: 61.81 Max: 67.59
Current: 61.49
During the past 13 years, Maxell's highest Days Payable was 67.59. The lowest was 54.23. And the median was 61.81.
FRA:0H2's Days Payable is ranked worse than 57.33% of 2442
companies
in the Hardware industry
Industry Median: 69.89
vs FRA:0H2: 61.49
Maxell's Days Payable
declined
from Mar. 2025 (63.34) to Mar. 2026 (56.46).
It may suggest that Maxellaccelerated paying its suppliers.
Maxell Days Payable Related Terms
Maxell Days Payable Historical Data
* Premium members only.
The historical data trend for Maxell'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 Consumer Electronics subindustry, Maxell'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.
Maxell Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Maxell's Days Payable distribution charts can be found below:
* The bar in red indicates where Maxell'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.
Maxell'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.
Maxell (FRA:0H2) has a Days Payable of 56.46 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 Maxell and its competitors. This is near median its historical median of 61.81. Over the past decade, Maxell's Days Payable has ranged from 54.23 to 67.59. According to the industry distribution chart, Maxell ranks #1400 out of 2442 companies in the Hardware industry, placing it in the top 57.3%.
Is Maxell's Days Payable too high?
Maxell's current Days Payable of 56.46 is near median its 10-year median of 61.81. Over the past 10 years, this metric has ranged from a low of 54.23 to a high of 67.59. The Hardware industry median Days Payable is 69.89. Maxell's value of 56.46 is 19.2% below this industry median. Based on the distribution chart, Maxell ranks #1400 out of 2442 companies in the Hardware industry, which is below the industry midpoint. Overall, Maxell has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Maxell's Days Payable compare to AAPL?
According to the Hardware industry distribution chart, Maxell ranks #1400 out of 2442 companies for Days Payable. This places Maxell in the lower half of its industry. The industry median Days Payable is 69.89. Maxell's value of 56.46 is 19.2% below this benchmark. Historically, Maxell's own Days Payable has ranged from 54.23 to 67.59 over the past decade. While the company's 10-year median is 61.81 vs. the industry median of 69.89, Maxell 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,442 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. Maxell's current Days Payable of 56.46 is 19.2% 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 Maxell and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxell's current Days Payable is 56.46, which is near median its own 10-year median of 61.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxell stock overvalued right now?
Maxell (FRA:0H2) has a current Days Payable of 56.46. The stock's GF Value™ is €10.63, compared to a current price of €11.10 — trading 4.4% above its estimated fair value. The current Days Payable is 56.46, which is near median its 10-year median of 61.81 and 19.2% below the Hardware industry median of 69.89. Maxell's overall GF Score™ is 76/100 with 1 warning sign 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 Maxell (FRA:0H2), the current Days Payable is 56.46 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 Maxell (FRA:0H2) Overvalued in 2026?
Based on GuruFocus' analysis, Maxell stock appears to be overvalued.
The current stock price of €11.10 is trading 4.4% above its estimated GF Value™ of €10.63.
Key valuation signals for FRA:0H2:
Days Payable: 56.46 (near median its 10-year median of 61.81)
GF Value™: €10.63 vs. price of €11.10 (4.4% above fair value)
Industry Position: 19.2% below the Hardware median (#1400 of 2442)
No single metric tells the full story. See the FRA:0H2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maxell Ltd is a Japan-based company that is engaged in manufacturing and selling energy products, industrial materials products, and electronic appliance and consumer products. The company focuses on several business areas, including automotive, home life and infrastructure, health and beauty care, and business and consumer. The company provides a broad range of products, including primary batteries, rechargeable batteries, electroforming, data storage, adhesive tapes, inks, functional films, display equipment, lens units, optical components, and wellness and beauty care.
76GF Score
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