Mirarth Holdings (FRA:TDI) Days Payable: 9.51 (As of Mar. 2026) — 76% Below Median


FRA:TDI Mirarth Holdings Inc FRA:TDI
72 GF Score
Price €2.10
GF Value €2.45
! 7 Warning Signs
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What is Mirarth Holdings Days Payable?

Mirarth Holdings FRA:TDI -0.94% 72 Days Payable is 9.51 as of Mar. 2026, which is 76% below its 10-year median of 39.62. GuruFocus rates FRA:TDI with a GF Score™ of 72/100 and a GF Value™ of €2.45. The stock has 7 warning signs investors should review. Among 1,573 Real Estate companies, Mirarth Holdings ranks worse than 88.75% on this metric.

Mirarth Holdings's average Accounts Payable for the three months ended in Mar. 2026 was €50 Mil. Mirarth Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was €484 Mil. Hence, Mirarth Holdings's Days Payable for the three months ended in Mar. 2026 was 9.51.

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

FRA:TDI' s Days Payable Range Over the Past 10 Years
Min: 17.27   Med: 39.62   Max: 59.98
Current: 17.27

During the past 13 years, Mirarth Holdings's highest Days Payable was 59.98. The lowest was 17.27. And the median was 39.62.

FRA:TDI's Days Payable is ranked worse than
88.75% of 1573 companies
in the Real Estate industry
Industry Median: 94.03 vs FRA:TDI: 17.27

Mirarth Holdings's Days Payable declined from Mar. 2025 (13.26) to Mar. 2026 (9.51). It may suggest that Mirarth Holdings accelerated paying its suppliers.


Mirarth Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Mirarth Holdings'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.

Mirarth Holdings Days Payable Chart

Mirarth Holdings 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 40.62 49.81 35.80 21.52 23.67

Mirarth Holdings 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 13.26 35.08 25.76 16.09 9.51

Mirarth Holdings Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Mirarth Holdings'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.


Mirarth Holdings Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mirarth Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Mirarth Holdings's Days Payable falls into.


FRA:TDI
72GF Score
Mirarth Holdings Inc FRA:TDI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mirarth Holdings 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.

Mirarth Holdings'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
=( (52.835 + 66.433) / 2 ) / 919.66*365
=59.634 / 919.66*365
=23.67

Mirarth Holdings'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
=( (34.529 + 66.433) / 2 ) / 484.306*365 / 4
=50.481 / 484.306*365 / 4
=9.51

* 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 9.51 mean?
Mirarth Holdings (FRA:TDI) has a Days Payable of 9.51 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 Mirarth Holdings and its competitors. This is 76% below median its historical median of 39.62. Over the past decade, Mirarth Holdings' Days Payable has ranged from 17.27 to 59.98. According to the industry distribution chart, Mirarth Holdings ranks #1396 out of 1573 companies in the Real Estate industry, placing it in the top 88.7%.
Is Mirarth Holdings' Days Payable too high?
Mirarth Holdings' current Days Payable of 9.51 is 76% below median its 10-year median of 39.62. Over the past 10 years, this metric has ranged from a low of 17.27 to a high of 59.98. The Real Estate industry median Days Payable is 94.03. Mirarth Holdings' value of 9.51 is 89.9% below this industry median. Based on the distribution chart, Mirarth Holdings ranks #1396 out of 1573 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Mirarth Holdings has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Mirarth Holdings' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Mirarth Holdings ranks #1396 out of 1573 companies for Days Payable. This places Mirarth Holdings in the lower half of its industry. The industry median Days Payable is 94.03. Mirarth Holdings' value of 9.51 is 89.9% below this benchmark. Historically, Mirarth Holdings' own Days Payable has ranged from 17.27 to 59.98 over the past decade. While the company's 10-year median is 39.62 vs. the industry median of 94.03, Mirarth Holdings 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,573 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. Mirarth Holdings's current Days Payable of 9.51 is 89.9% 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 Mirarth Holdings and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirarth Holdings's current Days Payable is 9.51, which is 76% below median its own 10-year median of 39.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirarth Holdings stock overvalued right now?
Mirarth Holdings (FRA:TDI) has a current Days Payable of 9.51. The stock's GF Value™ is €2.45, compared to a current price of €2.10 — trading 14.3% below its estimated fair value. The current Days Payable is 9.51, which is 76% below median its 10-year median of 39.62 and 89.9% below the Real Estate industry median of 94.03. Mirarth Holdings' overall GF Score™ is 72/100 with 7 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 Mirarth Holdings (FRA:TDI), the current Days Payable is 9.51 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 Mirarth Holdings (FRA:TDI) Overvalued in 2026?

Based on GuruFocus' analysis, Mirarth Holdings stock appears to be undervalued. The current stock price of €2.10 is trading 14.3% below its estimated GF Value™ of €2.45.

Key valuation signals for FRA:TDI:

  • Days Payable: 9.51 (76% below median its 10-year median of 39.62)
  • GF Value™: €2.45 vs. price of €2.10 (14.3% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 89.9% below the Real Estate median (#1396 of 1573)

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


Mirarth Holdings Business Description

Other Exchanges 8897:Japan
Address 1-8-2, Marunouchi, Tekko Building 16th Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
Mirarth Holdings Inc operates in Real Estate Business, Energy Business, Asset Management Business, and Other Businesses.
72GF Score

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

€2.10
Price
€2.45
GF Value