HokuetsuHKPMF 68 Days Payable is 35.32 as of Mar. 2026, which is 0% above its 10-year median of 35.24. GuruFocus rates HKPMF with a GF Score™ of 68/100 and a GF Value™ of $15.44. The stock has 4 warning signs investors should review. Among 276 Forest Products companies, Hokuetsu ranks worse than 73.91% on this metric.
Hokuetsu's average Accounts Payable for the
three
months ended in Mar. 2026 was $145 Mil. Hokuetsu's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $374 Mil.
Hence, Hokuetsu's Days Payable for the
three
months ended in Mar. 2026 was 35.32.
The historical rank and industry rank for Hokuetsu's Days Payable or its related term are showing as below:
HKPMF'
s Days Payable Range Over the Past 10 Years
Min: 32.04 Med: 35.24 Max: 37.28
Current: 34.68
During the past 13 years, Hokuetsu's highest Days Payable was 37.28. The lowest was 32.04. And the median was 35.24.
HKPMF's Days Payable is ranked worse than 73.91% of 276
companies
in the Forest Products industry
Industry Median: 57.93
vs HKPMF: 34.68
Hokuetsu's Days Payable
declined
from Mar. 2025 (35.83) to Mar. 2026 (35.32).
It may suggest that Hokuetsuaccelerated paying its suppliers.
Hokuetsu Days Payable Related Terms
Hokuetsu Days Payable Historical Data
* Premium members only.
The historical data trend for Hokuetsu'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.
For the Paper & Paper Products subindustry, Hokuetsu'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.
Hokuetsu Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Hokuetsu's Days Payable distribution charts can be found below:
* The bar in red indicates where Hokuetsu'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.
Hokuetsu'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.
Hokuetsu (HKPMF) has a Days Payable of 35.32 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 Hokuetsu and its competitors. This is near median its historical median of 35.24. Over the past decade, Hokuetsu's Days Payable has ranged from 32.04 to 37.28. According to the industry distribution chart, Hokuetsu ranks #204 out of 276 companies in the Forest Products industry, placing it in the top 73.9%.
Is Hokuetsu's Days Payable too high?
Hokuetsu's current Days Payable of 35.32 is near median its 10-year median of 35.24. Over the past 10 years, this metric has ranged from a low of 32.04 to a high of 37.28. The Forest Products industry median Days Payable is 57.93. Hokuetsu's value of 35.32 is 39% below this industry median. Based on the distribution chart, Hokuetsu ranks #204 out of 276 companies in the Forest Products industry, which is below the industry midpoint. Overall, Hokuetsu has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Hokuetsu's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Hokuetsu ranks #204 out of 276 companies for Days Payable. This places Hokuetsu in the lower half of its industry. The industry median Days Payable is 57.93. Hokuetsu's value of 35.32 is 39% below this benchmark. Historically, Hokuetsu's own Days Payable has ranged from 32.04 to 37.28 over the past decade. While the company's 10-year median is 35.24 vs. the industry median of 57.93, Hokuetsu 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Hokuetsu's current Days Payable of 35.32 is 39% 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 Hokuetsu and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuetsu's current Days Payable is 35.32, which is near median its own 10-year median of 35.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuetsu stock overvalued right now?
Hokuetsu (HKPMF) has a current Days Payable of 35.32. The stock's GF Value™ is $15.44, compared to a current price of $12.60 — trading 18.4% below its estimated fair value. The current Days Payable is 35.32, which is near median its 10-year median of 35.24 and 39% below the Forest Products industry median of 57.93. Hokuetsu's overall GF Score™ is 68/100 with 4 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 Hokuetsu (HKPMF), the current Days Payable is 35.32 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 Hokuetsu (HKPMF) Overvalued in 2026?
Based on GuruFocus' analysis, Hokuetsu stock appears to be undervalued.
The current stock price of $12.60 is trading 18.4% below its estimated GF Value™ of $15.44.
Key valuation signals for HKPMF:
Days Payable: 35.32 (near median its 10-year median of 35.24)
GF Value™: $15.44 vs. price of $12.60 (18.4% below fair value)
Industry Position: 39% below the Forest Products median (#204 of 276)
No single metric tells the full story. See the HKPMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokuetsu Corp produces and sells a variety of paper products. The company is involved in production and sale of paper and pulp products, paper containers and liquid containers among others. It is also involved in Timber business, construction business, sales of various materials, real estate trading, transportation and warehouse business.
68GF Score
Get the complete analysis for HKPMF
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
HKPMF has been successfully added to your 
