Japan Exchange GroupFRA:OSK -1.82%87 Days Payable is 24.84 as of Mar. 2026, which is 24% below its 10-year median of 32.69. GuruFocus rates FRA:OSK with a GF Score™ of 87/100 and a GF Value™ of €9.66 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 538 Capital Markets companies, Japan Exchange Group ranks worse than 70.82% on this metric.
The historical rank and industry rank for Japan Exchange Group's Days Payable or its related term are showing as below:
FRA:OSK'
s Days Payable Range Over the Past 10 Years
Min: 21.77 Med: 32.69 Max: 37
Current: 25.74
During the past 13 years, Japan Exchange Group's highest Days Payable was 37.00. The lowest was 21.77. And the median was 32.69.
FRA:OSK's Days Payable is ranked worse than 70.82% of 538
companies
in the Capital Markets industry
Industry Median: 91.345
vs FRA:OSK: 25.74
Japan Exchange Group's Days Payable
increased
from Mar. 2025 (23.92) to Mar. 2026 (24.84).
It may suggest that Japan Exchange Groupdelayed paying its suppliers.
Japan Exchange Group Days Payable Related Terms
Japan Exchange Group Days Payable Historical Data
* Premium members only.
The historical data trend for Japan Exchange 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:OSK vs SPGI, CME, ICE: Days Payable Comparison
For the Financial Data & Stock Exchanges subindustry, Japan Exchange 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.
Japan Exchange Group Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Japan Exchange Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Japan Exchange 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.
Japan Exchange 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.
Japan Exchange Group (FRA:OSK) has a Days Payable of 24.84 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 Japan Exchange Group and its competitors. This is 24% below median its historical median of 32.69. Over the past decade, Japan Exchange Group's Days Payable has ranged from 21.77 to 37.00. According to the industry distribution chart, Japan Exchange Group ranks #381 out of 538 companies in the Capital Markets industry, placing it in the top 70.8%.
Is Japan Exchange Group's Days Payable too high?
Japan Exchange Group's current Days Payable of 24.84 is 24% below median its 10-year median of 32.69. Over the past 10 years, this metric has ranged from a low of 21.77 to a high of 37.00. The Capital Markets industry median Days Payable is 91.35. Japan Exchange Group's value of 24.84 is 72.8% below this industry median. Based on the distribution chart, Japan Exchange Group ranks #381 out of 538 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Japan Exchange Group has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Exchange Group's Days Payable compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Japan Exchange Group ranks #381 out of 538 companies for Days Payable. This places Japan Exchange Group in the lower half of its industry. The industry median Days Payable is 91.35. Japan Exchange Group's value of 24.84 is 72.8% below this benchmark. Historically, Japan Exchange Group's own Days Payable has ranged from 21.77 to 37.00 over the past decade. While the company's 10-year median is 32.69 vs. the industry median of 91.35, Japan Exchange Group 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.35, based on 538 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. Japan Exchange Group's current Days Payable of 24.84 is 72.8% 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 Japan Exchange Group and its competitors. For the Capital Markets industry, the median Days Payable is 91.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Exchange Group's current Days Payable is 24.84, which is 24% below median its own 10-year median of 32.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Exchange Group stock overvalued right now?
Based on GuruFocus' analysis, Japan Exchange Group (FRA:OSK) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.66, compared to a current price of €10.80 — trading 11.8% above its estimated fair value. The current Days Payable is 24.84, which is 24% below median its 10-year median of 32.69 and 72.8% below the Capital Markets industry median of 91.35. Japan Exchange Group's overall GF Score™ is 87/100 with 8 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 Japan Exchange Group (FRA:OSK), the current Days Payable is 24.84 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 Japan Exchange Group (FRA:OSK) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Exchange Group stock appears to be overvalued.
The current stock price of €10.80 is trading 11.8% above its estimated GF Value™ of €9.66.
GuruFocus considers Japan Exchange Group to be Modestly Overvalued.
Key valuation signals for FRA:OSK:
Days Payable: 24.84 (24% below median its 10-year median of 32.69)
GF Value™: €9.66 vs. price of €10.80 (11.8% above fair value)
Industry Position: 72.8% below the Capital Markets median (#381 of 538)
No single metric tells the full story. See the FRA:OSK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Exchange Group is a vertically integrated securities exchange business, which includes the Tokyo Stock Exchange, Osaka Exchange, and Tokyo Commodity Exchange. JPX ranks among the top five largest stock exchange operators in the world by market capitalization, and its Nikkei 225 and Topix derivatives products are some of the most widely traded derivatives products in the world.
87GF Score
Get the complete analysis for FRA:OSK
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:OSK has been successfully added to your 
