Grems (GRMZF) Days Payable: 41.44 (As of Mar. 2026) — Near Median


GRMZF Grems Inc GRMZF
93 GF Score
Price $18.44
GF Value $10.73
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Grems Days Payable?

Grems GRMZF +63.19% 93 Days Payable is 41.44 as of Mar. 2026, which is 7% above its 10-year median of 38.66. GuruFocus rates GRMZF with a GF Score™ of 93/100 and a GF Value™ of $10.73 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 481 Utilities - Regulated companies, Grems ranks worse than 75.26% on this metric.

Grems's average Accounts Payable for the three months ended in Mar. 2026 was $15.5 Mil. Grems's Cost of Goods Sold for the three months ended in Mar. 2026 was $34.1 Mil. Hence, Grems's Days Payable for the three months ended in Mar. 2026 was 41.44.

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

GRMZF' s Days Payable Range Over the Past 10 Years
Min: 26.51   Med: 38.66   Max: 60.99
Current: 40.86

During the past 13 years, Grems's highest Days Payable was 60.99. The lowest was 26.51. And the median was 38.66.

GRMZF's Days Payable is ranked worse than
75.26% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs GRMZF: 40.86

Grems's Days Payable increased from Mar. 2025 (38.77) to Mar. 2026 (41.44). It may suggest that Grems delayed paying its suppliers.


Grems Days Payable Historical Data

* Premium members only.

The historical data trend for Grems'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.

Grems Days Payable Chart

Grems 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 64.20 36.50 39.38 40.20 44.77

Grems 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 38.77 45.81 34.40 42.11 41.44

GRMZF vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, Grems'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.


Grems Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Grems's Days Payable distribution charts can be found below:

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


GRMZF
93GF Score
Grems Inc GRMZF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Grems 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.

Grems'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
=( (18.734 + 15.564) / 2 ) / 139.801*365
=17.149 / 139.801*365
=44.77

Grems'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
=( (15.367 + 15.564) / 2 ) / 34.051*365 / 4
=15.4655 / 34.051*365 / 4
=41.44

* 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 41.44 mean?
Grems (GRMZF) has a Days Payable of 41.44 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 Grems and its competitors. This is near median its historical median of 38.66. Over the past decade, Grems' Days Payable has ranged from 26.51 to 60.99. According to the industry distribution chart, Grems ranks #362 out of 481 companies in the Utilities - Regulated industry, placing it in the top 75.3%.
Is Grems' Days Payable too high?
Grems' current Days Payable of 41.44 is near median its 10-year median of 38.66. Over the past 10 years, this metric has ranged from a low of 26.51 to a high of 60.99. The Utilities - Regulated industry median Days Payable is 70.35. Grems' value of 41.44 is 41.1% below this industry median. Based on the distribution chart, Grems ranks #362 out of 481 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Grems has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grems' Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Grems ranks #362 out of 481 companies for Days Payable. This places Grems in the lower half of its industry. The industry median Days Payable is 70.35. Grems' value of 41.44 is 41.1% below this benchmark. Historically, Grems' own Days Payable has ranged from 26.51 to 60.99 over the past decade. While the company's 10-year median is 38.66 vs. the industry median of 70.35, Grems 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 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. Grems's current Days Payable of 41.44 is 41.1% 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 Grems and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grems's current Days Payable is 41.44, which is near median its own 10-year median of 38.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grems stock overvalued right now?
Based on GuruFocus' analysis, Grems (GRMZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.73, compared to a current price of $18.44 — trading 71.9% above its estimated fair value. The current Days Payable is 41.44, which is near median its 10-year median of 38.66 and 41.1% below the Utilities - Regulated industry median of 70.35. Grems' overall GF Score™ is 93/100 with 2 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 Grems (GRMZF), the current Days Payable is 41.44 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 Grems (GRMZF) Overvalued in 2026?

Based on GuruFocus' analysis, Grems stock appears to be overvalued. The current stock price of $18.44 is trading 71.9% above its estimated GF Value™ of $10.73. GuruFocus considers Grems to be Significantly Overvalued.

Key valuation signals for GRMZF:

  • Days Payable: 41.44 (near median its 10-year median of 38.66)
  • GF Value™: $10.73 vs. price of $18.44 (71.9% above fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 41.1% below the Utilities - Regulated median (#362 of 481)

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


Grems Business Description

Other Exchanges 3150:Japan
Address 2-2-4 Higashi-Shinagawa, Tennoz First Tower, 19th Floor, Shinagawa-Ku, Tokyo, JPN, 140-0002
Grems Inc is engaged in providing consulting services to help businesses reduce their electric power consumption through its subsidiary. Its segments are Energy Cost Solutions Business; Smart House Project Business; and Retail Electricity Business, which derives maximum revenue.
93GF Score

Get the complete analysis for GRMZF

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

$18.44
Price
$10.73
GF Value