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Seiko GroupFRA:89M -2.59%32 Days Payable is 57.99 as of Mar. 2026, which is 10% above its 10-year median of 52.95. GuruFocus rates FRA:89M with a GF Score™ of 32/100 and a GF Value™ of €13.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, Seiko Group ranks worse than 51.57% on this metric.
The historical data trend for Seiko Group'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.
FRA:89M vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Seiko Group'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.
Seiko Group Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiko Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Seiko Group'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.
Seiko Group'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.
Seiko Group (FRA:89M) has a Days Payable of 57.99 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 Seiko Group and its competitors. This is 10% above median its historical median of 52.95. Over the past decade, Seiko Group's Days Payable has ranged from 47.71 to 62.10. According to the industry distribution chart, Seiko Group ranks #527 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 51.6%.
Is Seiko Group's Days Payable too high?
Seiko Group's current Days Payable of 57.99 is 10% above median its 10-year median of 52.95. Over the past 10 years, this metric has ranged from a low of 47.71 to a high of 62.10. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.04. Seiko Group's value of 57.99 is 9.3% above this industry median. Based on the distribution chart, Seiko Group ranks #527 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Seiko Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seiko Group's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Seiko Group ranks #527 out of 1022 companies for Days Payable. This places Seiko Group in the lower half of its industry. The industry median Days Payable is 53.04. Seiko Group's value of 57.99 is 9.3% above this benchmark. Historically, Seiko Group's own Days Payable has ranged from 47.71 to 62.10 over the past decade. While the company's 10-year median is 52.95 vs. the industry median of 53.04, Seiko Group 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.04, based on 1,022 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. Seiko Group's current Days Payable of 57.99 is 9.3% 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 Seiko Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seiko Group's current Days Payable is 57.99, which is 10% above median its own 10-year median of 52.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seiko Group stock overvalued right now?
Based on GuruFocus' analysis, Seiko Group (FRA:89M) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.79, compared to a current price of €56.50 — trading 309.7% above its estimated fair value. The current Days Payable is 57.99, which is 10% above median its 10-year median of 52.95 and 9.3% above the Manufacturing - Apparel & Accessories industry median of 53.04. Seiko Group's overall GF Score™ is 32/100 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 Seiko Group (FRA:89M), the current Days Payable is 57.99 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 Seiko Group (FRA:89M) Overvalued in 2026?
Based on GuruFocus' analysis, Seiko Group stock appears to be overvalued.
The current stock price of €56.50 is trading 309.7% above its estimated GF Value™ of €13.79.
GuruFocus considers Seiko Group to be Significantly Overvalued.
Key valuation signals for FRA:89M:
Days Payable: 57.99 (10% above median its 10-year median of 52.95)
GF Value™: €13.79 vs. price of €56.50 (309.7% above fair value)
Industry Position: 9.3% above the Manufacturing - Apparel & Accessories median (#527 of 1022)
No single metric tells the full story. See the FRA:89M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seiko Group Corp is a Japanese manufacturer of watches and electronic devices. The company organizes itself into four segments, based on product type: watches, electronic devices, systems solutions, and others. The watches business, which contributes more than half of the company's revenue, manufactures men's and ladies' fashion watches. The electronic devices business, the next most significant contributor to revenue, produces components such as semiconductors, camera shutters, inkjet print heads, thermal printers, micro-batteries, and radiation-measuring equipment. Combined sales in the watches and electronic devices segments constitute the vast majority of consolidated revenue. The company derives approximately half its revenue domestically.
32GF Score
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