Hikari Tsushin (FRA:HIK) Days Payable: 236.40 (As of Mar. 2026) — 12% Below Median


FRA:HIK Hikari Tsushin Inc FRA:HIK
80 GF Score
Price €199.00
GF Value €218.51
Valuation Fairly Valued
! 5 Warning Signs
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What is Hikari Tsushin Days Payable?

Hikari Tsushin FRA:HIK +2.58% 80 Days Payable is 236.40 as of Mar. 2026, which is 12% below its 10-year median of 269.88. GuruFocus rates FRA:HIK with a GF Score™ of 80/100 and a GF Value™ of €218.51 (Fairly Valued). The stock has 5 warning signs investors should review. Among 507 Conglomerates companies, Hikari Tsushin ranks better than 94.48% on this metric.

Hikari Tsushin's average Accounts Payable for the three months ended in Mar. 2026 was €1,420 Mil. Hikari Tsushin's Cost of Goods Sold for the three months ended in Mar. 2026 was €548 Mil. Hence, Hikari Tsushin's Days Payable for the three months ended in Mar. 2026 was 236.40.

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

FRA:HIK' s Days Payable Range Over the Past 10 Years
Min: 219.25   Med: 269.88   Max: 288.71
Current: 262.65

During the past 13 years, Hikari Tsushin's highest Days Payable was 288.71. The lowest was 219.25. And the median was 269.88.

FRA:HIK's Days Payable is ranked better than
94.48% of 507 companies
in the Conglomerates industry
Industry Median: 55.71 vs FRA:HIK: 262.65

Hikari Tsushin's Days Payable declined from Mar. 2025 (253.04) to Mar. 2026 (236.40). It may suggest that Hikari Tsushin accelerated paying its suppliers.


Hikari Tsushin Days Payable Historical Data

* Premium members only.

The historical data trend for Hikari Tsushin'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.

Hikari Tsushin Days Payable Chart

Hikari Tsushin 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 270.65 229.23 307.89 275.09 289.35

Hikari Tsushin 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 253.04 320.41 240.68 276.59 236.40

FRA:HIK vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Hikari Tsushin'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.


Hikari Tsushin Days Payable vs Conglomerates Industry

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

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


FRA:HIK
80GF Score
Hikari Tsushin Inc FRA:HIK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hikari Tsushin 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.

Hikari Tsushin'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
=( (1767.011 + 1437.943) / 2 ) / 2021.47*365
=1602.477 / 2021.47*365
=289.35

Hikari Tsushin'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
=( (1401.324 + 1437.943) / 2 ) / 547.986*365 / 4
=1419.6335 / 547.986*365 / 4
=236.40

* 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 236.40 mean?
Hikari Tsushin (FRA:HIK) has a Days Payable of 236.40 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 Hikari Tsushin and its competitors. This is 12% below median its historical median of 269.88. Over the past decade, Hikari Tsushin's Days Payable has ranged from 219.25 to 288.71. According to the industry distribution chart, Hikari Tsushin ranks #28 out of 507 companies in the Conglomerates industry, placing it in the top 5.5%.
Is Hikari Tsushin's Days Payable too high?
Hikari Tsushin's current Days Payable of 236.40 is 12% below median its 10-year median of 269.88. Over the past 10 years, this metric has ranged from a low of 219.25 to a high of 288.71. The Conglomerates industry median Days Payable is 55.71. Hikari Tsushin's value of 236.40 is 324.3% above this industry median. Based on the distribution chart, Hikari Tsushin ranks #28 out of 507 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Hikari Tsushin has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hikari Tsushin's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hikari Tsushin ranks #28 out of 507 companies for Days Payable. This places Hikari Tsushin in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 55.71. Hikari Tsushin's value of 236.40 is 324.3% above this benchmark. Historically, Hikari Tsushin's own Days Payable has ranged from 219.25 to 288.71 over the past decade. While the company's 10-year median is 269.88 vs. the industry median of 55.71, Hikari Tsushin 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 507 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. Hikari Tsushin's current Days Payable of 236.40 is 324.3% 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 Hikari Tsushin 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. Hikari Tsushin's current Days Payable is 236.40, which is 12% below median its own 10-year median of 269.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hikari Tsushin stock overvalued right now?
Based on GuruFocus' analysis, Hikari Tsushin (FRA:HIK) is currently considered Fairly Valued. The stock's GF Value™ is €218.51, compared to a current price of €199.00 — trading 8.9% below its estimated fair value. The current Days Payable is 236.40, which is 12% below median its 10-year median of 269.88 and 324.3% above the Conglomerates industry median of 55.71. Hikari Tsushin's overall GF Score™ is 80/100 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 Hikari Tsushin (FRA:HIK), the current Days Payable is 236.40 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 Hikari Tsushin (FRA:HIK) Overvalued in 2026?

Based on GuruFocus' analysis, Hikari Tsushin stock appears to be undervalued. The current stock price of €199.00 is trading 8.9% below its estimated GF Value™ of €218.51. GuruFocus considers Hikari Tsushin to be Fairly Valued.

Key valuation signals for FRA:HIK:

  • Days Payable: 236.40 (12% below median its 10-year median of 269.88)
  • GF Value™: €218.51 vs. price of €199.00 (8.9% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 324.3% above the Conglomerates median (#28 of 507)

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


Hikari Tsushin Business Description

Other Exchanges HKTGF:USA9435:Japan
Address 1-4-10 Nishi-Ikebukuro, Hikari West Gate Building, Toshima-ku, Tokyo, JPN, 171-0021
Hikari Tsushin Inc operates as a holding company engaged in diversified businesses through seven segments: Electricity and Gas, Telecommunications, Beverages, Insurance, Finance, Solutions, and Agency Sales. The group provides electricity and gas supply, communication services, natural mineral water, non-life insurance, and warranty services, as well as financial services such as microfinance, industry-specific solution platforms, and agency sales of various products from telecommunications carriers and manufacturers. It generates the majority of its revenue from the Electricity and Gas segment.
80GF Score

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

€199.00
Price
€218.51
GF Value