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Hanwa CoHNWAF -1.55%57 Days Payable is 39.63 as of Mar. 2026, which is 16% below its 10-year median of 46.97. GuruFocus rates HNWAF with a GF Score™ of 57/100 and a GF Value™ of $7.60 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 510 Conglomerates companies, Hanwa Co ranks worse than 69.41% on this metric.
Hanwa Co's average Accounts Payable for the
three
months ended in Mar. 2026 was $1,802 Mil. Hanwa Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $4,149 Mil.
Hence, Hanwa Co's Days Payable for the
three
months ended in Mar. 2026 was 39.63.
The historical rank and industry rank for Hanwa Co's Days Payable or its related term are showing as below:
HNWAF'
s Days Payable Range Over the Past 10 Years
Min: 39.05 Med: 46.97 Max: 53.7
Current: 39.05
During the past 13 years, Hanwa Co's highest Days Payable was 53.70. The lowest was 39.05. And the median was 46.97.
HNWAF's Days Payable is ranked worse than 69.41% of 510
companies
in the Conglomerates industry
Industry Median: 56.11
vs HNWAF: 39.05
Hanwa Co's Days Payable
declined
from Mar. 2025 (40.62) to Mar. 2026 (39.63).
It may suggest that Hanwa Coaccelerated paying its suppliers.
Hanwa Co Days Payable Related Terms
Hanwa Co Days Payable Historical Data
* Premium members only.
The historical data trend for Hanwa 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.
For the Conglomerates subindustry, Hanwa 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.
Hanwa Co Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hanwa Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hanwa Co'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.
Hanwa Co'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.
Hanwa Co (HNWAF) has a Days Payable of 39.63 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 Hanwa Co and its competitors. This is 16% below median its historical median of 46.97. Over the past decade, Hanwa Co's Days Payable has ranged from 39.05 to 53.70. According to the industry distribution chart, Hanwa Co ranks #354 out of 510 companies in the Conglomerates industry, placing it in the top 69.4%.
Is Hanwa Co's Days Payable too high?
Hanwa Co's current Days Payable of 39.63 is 16% below median its 10-year median of 46.97. Over the past 10 years, this metric has ranged from a low of 39.05 to a high of 53.70. The Conglomerates industry median Days Payable is 56.11. Hanwa Co's value of 39.63 is 29.4% below this industry median. Based on the distribution chart, Hanwa Co ranks #354 out of 510 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Hanwa Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanwa Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hanwa Co ranks #354 out of 510 companies for Days Payable. This places Hanwa Co in the lower half of its industry. The industry median Days Payable is 56.11. Hanwa Co's value of 39.63 is 29.4% below this benchmark. Historically, Hanwa Co's own Days Payable has ranged from 39.05 to 53.70 over the past decade. While the company's 10-year median is 46.97 vs. the industry median of 56.11, Hanwa Co 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.11, based on 510 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. Hanwa Co's current Days Payable of 39.63 is 29.4% 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 Hanwa Co and its competitors. For the Conglomerates industry, the median Days Payable is 56.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanwa Co's current Days Payable is 39.63, which is 16% below median its own 10-year median of 46.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanwa Co stock overvalued right now?
Based on GuruFocus' analysis, Hanwa Co (HNWAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.60, compared to a current price of $10.79 — trading 42% above its estimated fair value. The current Days Payable is 39.63, which is 16% below median its 10-year median of 46.97 and 29.4% below the Conglomerates industry median of 56.11. Hanwa Co's overall GF Score™ is 57/100 with 3 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 Hanwa Co (HNWAF), the current Days Payable is 39.63 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 Hanwa Co (HNWAF) Overvalued in 2026?
Based on GuruFocus' analysis, Hanwa Co stock appears to be overvalued.
The current stock price of $10.79 is trading 42% above its estimated GF Value™ of $7.60.
GuruFocus considers Hanwa Co to be Significantly Overvalued.
Key valuation signals for HNWAF:
Days Payable: 39.63 (16% below median its 10-year median of 46.97)
GF Value™: $7.60 vs. price of $10.79 (42% above fair value)
Industry Position: 29.4% below the Conglomerates median (#354 of 510)
No single metric tells the full story. See the HNWAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.
57GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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