Morimatsu International Holdings Co (FRA:1S5) Days Payable: 77.92 (As of Dec. 2025) — 15% 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.

FRA:1S5 Morimatsu International Holdings Co Ltd FRA:1S5
91 GF Score
Price €0.74
GF Value €0.68
! 5 Warning Signs
View Full Analysis

What is Morimatsu International Holdings Co Days Payable?

Morimatsu International Holdings Co FRA:1S5 -0.67% 91 Days Payable is 77.92 as of Dec. 2025, which is 15% below its 10-year median of 91.16. GuruFocus rates FRA:1S5 with a GF Score™ of 91/100 and a GF Value™ of €0.68. The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Morimatsu International Holdings Co ranks better than 57.47% on this metric.

Morimatsu International Holdings Co's average Accounts Payable for the six months ended in Dec. 2025 was €167.7 Mil. Morimatsu International Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2025 was €392.8 Mil. Hence, Morimatsu International Holdings Co's Days Payable for the six months ended in Dec. 2025 was 77.92.

The historical rank and industry rank for Morimatsu International Holdings Co's Days Payable or its related term are showing as below:

FRA:1S5' s Days Payable Range Over the Past 10 Years
Min: 69.65   Med: 91.16   Max: 97.27
Current: 92.98

During the past 9 years, Morimatsu International Holdings Co's highest Days Payable was 97.27. The lowest was 69.65. And the median was 91.16.

FRA:1S5's Days Payable is ranked better than
57.47% of 2991 companies
in the Industrial Products industry
Industry Median: 78.2 vs FRA:1S5: 92.98

Morimatsu International Holdings Co's Days Payable declined from Dec. 2024 (84.11) to Dec. 2025 (77.92). It may suggest that Morimatsu International Holdings Co accelerated paying its suppliers.


Morimatsu International Holdings Co Days Payable Related Terms


Morimatsu International Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Morimatsu International Holdings 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.

Morimatsu International Holdings Co Days Payable Chart

Morimatsu International Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 68.03 79.33 89.62 91.18 100.75

Morimatsu International Holdings Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 90.43 88.59 84.11 121.18 77.92

FRA:1S5 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Morimatsu International Holdings 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.


Morimatsu International Holdings Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morimatsu International Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Morimatsu International Holdings Co's Days Payable falls into.


FRA:1S5
91GF Score
Morimatsu International Holdings Co Ltd FRA:1S5
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morimatsu International Holdings Co 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.

Morimatsu International Holdings Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (156.464 + 187.494) / 2 ) / 623.033*365
=171.979 / 623.033*365
=100.75

Morimatsu International Holdings Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (147.955 + 187.494) / 2 ) / 392.838*365 / 2
=167.7245 / 392.838*365 / 2
=77.92

* 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 77.92 mean?
Morimatsu International Holdings Co (FRA:1S5) has a Days Payable of 77.92 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Morimatsu International Holdings Co and its competitors. This is 15% below median its historical median of 91.16. Over the past decade, Morimatsu International Holdings Co's Days Payable has ranged from 69.65 to 97.27. According to the industry distribution chart, Morimatsu International Holdings Co ranks #1272 out of 2991 companies in the Industrial Products industry, placing it in the top 42.5%.
Is Morimatsu International Holdings Co's Days Payable too high?
Morimatsu International Holdings Co's current Days Payable of 77.92 is 15% below median its 10-year median of 91.16. Over the past 10 years, this metric has ranged from a low of 69.65 to a high of 97.27. The Industrial Products industry median Days Payable is 78.20. Morimatsu International Holdings Co's value of 77.92 is 0.4% below this industry median. Based on the distribution chart, Morimatsu International Holdings Co ranks #1272 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Morimatsu International Holdings Co has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Morimatsu International Holdings Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Morimatsu International Holdings Co ranks #1272 out of 2991 companies for Days Payable. This puts Morimatsu International Holdings Co in the upper half of its industry. The industry median Days Payable is 78.20. Morimatsu International Holdings Co's value of 77.92 is 0.4% below this benchmark. Historically, Morimatsu International Holdings Co's own Days Payable has ranged from 69.65 to 97.27 over the past decade. While the company's 10-year median is 91.16 vs. the industry median of 78.20, Morimatsu International Holdings 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.20, based on 2,991 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. Morimatsu International Holdings Co's current Days Payable of 77.92 is 0.4% 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 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 Morimatsu International Holdings Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morimatsu International Holdings Co's current Days Payable is 77.92, which is 15% below median its own 10-year median of 91.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morimatsu International Holdings Co stock overvalued right now?
Morimatsu International Holdings Co (FRA:1S5) has a current Days Payable of 77.92. The stock's GF Value™ is €0.68, compared to a current price of €0.74 — trading 8.8% above its estimated fair value. The current Days Payable is 77.92, which is 15% below median its 10-year median of 91.16 and 0.4% below the Industrial Products industry median of 78.20. Morimatsu International Holdings Co's overall GF Score™ is 91/100 with 5 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 Morimatsu International Holdings Co (FRA:1S5), the current Days Payable is 77.92 as of Dec. 2025. 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 Morimatsu International Holdings Co (FRA:1S5) Overvalued in 2026?

Based on GuruFocus' analysis, Morimatsu International Holdings Co stock appears to be overvalued. The current stock price of €0.74 is trading 8.8% above its estimated GF Value™ of €0.68.

Key valuation signals for FRA:1S5:

  • Days Payable: 77.92 (15% below median its 10-year median of 91.16)
  • GF Value™: €0.68 vs. price of €0.74 (8.8% above fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 0.4% below the Industrial Products median (#1272 of 2991)

No single metric tells the full story. See the FRA:1S5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morimatsu International Holdings Co Business Description

Other Exchanges 02155:Hong Kong
Address No. 88 South Shendi Road, 6 Floor, Pudong New District, Shanghai, CHN
Morimatsu International Holdings Co Ltd Groups principal activities are the design, manufacture, installation and operation and maintenance of core equipment, process system (such as process module) and total solutions mainly for chemical reactions, biological reactions and polymerization. The Group currently provides services to downstream industries/fields, including oil and gas refinery, family care, new chemical materials, pharmaceuticals, raw materials for power batteries and electronic chemicals, etc. The Group has determined that it only has one operating segment. The company has presence in Mainland China, North America, Asia (excluding mainland China), Europe, and Africa. The company generates majority of revenue from Asia.
91GF Score

Get the complete analysis for FRA:1S5

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

€0.74
Price
€0.68
GF Value