Micronics Japan Co (FRA:MJ3) Days Payable: 70.15 (As of Dec. 2025) — 21% Below Median


FRA:MJ3 Micronics Japan Co Ltd FRA:MJ3
85 GF Score
Price €90.00
GF Value €35.81
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Micronics Japan Co Days Payable?

Micronics Japan Co FRA:MJ3 +1.12% 85 Days Payable is 70.15 as of Dec. 2025, which is 21% below its 10-year median of 88.42. GuruFocus rates FRA:MJ3 with a GF Score™ of 85/100 and a GF Value™ of €35.81 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 997 Semiconductors companies, Micronics Japan Co ranks better than 66.7% on this metric.

Micronics Japan Co's average Accounts Payable for the three months ended in Dec. 2025 was €42.3 Mil. Micronics Japan Co's Cost of Goods Sold for the three months ended in Dec. 2025 was €55.0 Mil. Hence, Micronics Japan Co's Days Payable for the three months ended in Dec. 2025 was 70.15.

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

FRA:MJ3' s Days Payable Range Over the Past 10 Years
Min: 70.6   Med: 88.42   Max: 100.44
Current: 70.6

During the past 13 years, Micronics Japan Co's highest Days Payable was 100.44. The lowest was 70.60. And the median was 88.42.

FRA:MJ3's Days Payable is ranked better than
66.7% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs FRA:MJ3: 70.60

Micronics Japan Co's Days Payable declined from Dec. 2024 (79.41) to Dec. 2025 (70.15). It may suggest that Micronics Japan Co accelerated paying its suppliers.


Micronics Japan Co Days Payable Historical Data

* Premium members only.

The historical data trend for Micronics Japan 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.

Micronics Japan Co Days Payable Chart

Micronics Japan Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.19 88.93 92.62 93.77 82.22

Micronics Japan Co 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 103.96 69.18 75.94 70.15 69.42

FRA:MJ3 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Micronics Japan 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.


Micronics Japan Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micronics Japan Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Micronics Japan Co's Days Payable falls into.


FRA:MJ3
85GF Score
Micronics Japan Co Ltd FRA:MJ3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Micronics Japan 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.

Micronics Japan Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (31.908 + 47.808) / 2 ) / 176.95*365
=39.858 / 176.95*365
=82.22

Micronics Japan 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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (43.504 + 41.064) / 2 ) / 55.004*365 / 4
=42.284 / 55.004*365 / 4
=70.15

* 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 70.15 mean?
Micronics Japan Co (FRA:MJ3) has a Days Payable of 70.15 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 Micronics Japan Co and its competitors. This is 21% below median its historical median of 88.42. Over the past decade, Micronics Japan Co's Days Payable has ranged from 70.60 to 100.44. According to the industry distribution chart, Micronics Japan Co ranks #332 out of 997 companies in the Semiconductors industry, placing it in the top 33.3%.
Is Micronics Japan Co's Days Payable too high?
Micronics Japan Co's current Days Payable of 70.15 is 21% below median its 10-year median of 88.42. Over the past 10 years, this metric has ranged from a low of 70.60 to a high of 100.44. The Semiconductors industry median Days Payable is 53.06. Micronics Japan Co's value of 70.15 is 32.2% above this industry median. Based on the distribution chart, Micronics Japan Co ranks #332 out of 997 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Micronics Japan Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micronics Japan Co's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Micronics Japan Co ranks #332 out of 997 companies for Days Payable. This puts Micronics Japan Co in the upper half of its industry. The industry median Days Payable is 53.06. Micronics Japan Co's value of 70.15 is 32.2% above this benchmark. Historically, Micronics Japan Co's own Days Payable has ranged from 70.60 to 100.44 over the past decade. While the company's 10-year median is 88.42 vs. the industry median of 53.06, Micronics Japan Co 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 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. Micronics Japan Co's current Days Payable of 70.15 is 32.2% 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 Micronics Japan Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micronics Japan Co's current Days Payable is 70.15, which is 21% below median its own 10-year median of 88.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micronics Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Micronics Japan Co (FRA:MJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.81, compared to a current price of €90.00 — trading 151.3% above its estimated fair value. The current Days Payable is 70.15, which is 21% below median its 10-year median of 88.42 and 32.2% above the Semiconductors industry median of 53.06. Micronics Japan Co's overall GF Score™ is 85/100 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 Micronics Japan Co (FRA:MJ3), the current Days Payable is 70.15 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 Micronics Japan Co (FRA:MJ3) Overvalued in 2026?

Based on GuruFocus' analysis, Micronics Japan Co stock appears to be overvalued. The current stock price of €90.00 is trading 151.3% above its estimated GF Value™ of €35.81. GuruFocus considers Micronics Japan Co to be Significantly Overvalued.

Key valuation signals for FRA:MJ3:

  • Days Payable: 70.15 (21% below median its 10-year median of 88.42)
  • GF Value™: €35.81 vs. price of €90.00 (151.3% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 32.2% above the Semiconductors median (#332 of 997)

No single metric tells the full story. See the FRA:MJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micronics Japan Co Business Description

Address 2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.
85GF Score

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

€90.00
Price
€35.81
GF Value