HSYDF (Harmonic Drive Systems) Days Payable: 20.41 (As of Mar. 2026) — 35% Below Median


HSYDF Harmonic Drive Systems Inc HSYDF
69 GF Score
Price $48.38
GF Value $23.38
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Harmonic Drive Systems Days Payable?

Harmonic Drive Systems HSYDF +2.01% 69 Days Payable is 20.41 as of Mar. 2026, which is 35% below its 10-year median of 31.36. GuruFocus rates HSYDF with a GF Score™ of 69/100 and a GF Value™ of $23.38 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,997 Industrial Products companies, Harmonic Drive Systems ranks worse than 90.56% on this metric.

Harmonic Drive Systems's average Accounts Payable for the three months ended in Mar. 2026 was $16.5 Mil. Harmonic Drive Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was $73.8 Mil. Hence, Harmonic Drive Systems's Days Payable for the three months ended in Mar. 2026 was 20.41.

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

HSYDF' s Days Payable Range Over the Past 10 Years
Min: 24.58   Med: 31.36   Max: 56.11
Current: 25.58

During the past 13 years, Harmonic Drive Systems's highest Days Payable was 56.11. The lowest was 24.58. And the median was 31.36.

HSYDF's Days Payable is ranked worse than
90.56% of 2997 companies
in the Industrial Products industry
Industry Median: 77.54 vs HSYDF: 25.58

Harmonic Drive Systems's Days Payable declined from Mar. 2025 (23.24) to Mar. 2026 (20.41). It may suggest that Harmonic Drive Systems accelerated paying its suppliers.


Harmonic Drive Systems Days Payable Historical Data

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The historical data trend for Harmonic Drive Systems'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.

Harmonic Drive Systems Days Payable Chart

Harmonic Drive Systems 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 34.17 31.70 32.09 27.76 25.48

Harmonic Drive Systems 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 23.24 29.46 27.77 27.56 20.41

HSYDF vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Harmonic Drive Systems'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.


Harmonic Drive Systems Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harmonic Drive Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Harmonic Drive Systems's Days Payable falls into.


HSYDF
69GF Score
Harmonic Drive Systems Inc HSYDF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Harmonic Drive Systems 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.

Harmonic Drive Systems'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
=( (21.365 + 15.086) / 2 ) / 261.052*365
=18.2255 / 261.052*365
=25.48

Harmonic Drive Systems'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
=( (17.94 + 15.086) / 2 ) / 73.819*365 / 4
=16.513 / 73.819*365 / 4
=20.41

* 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 20.41 mean?
Harmonic Drive Systems (HSYDF) has a Days Payable of 20.41 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 Harmonic Drive Systems and its competitors. This is 35% below median its historical median of 31.36. Over the past decade, Harmonic Drive Systems' Days Payable has ranged from 24.58 to 56.11. According to the industry distribution chart, Harmonic Drive Systems ranks #2714 out of 2997 companies in the Industrial Products industry, placing it in the top 90.6%.
Is Harmonic Drive Systems' Days Payable too high?
Harmonic Drive Systems' current Days Payable of 20.41 is 35% below median its 10-year median of 31.36. Over the past 10 years, this metric has ranged from a low of 24.58 to a high of 56.11. The Industrial Products industry median Days Payable is 77.54. Harmonic Drive Systems' value of 20.41 is 73.7% below this industry median. Based on the distribution chart, Harmonic Drive Systems ranks #2714 out of 2997 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Harmonic Drive Systems has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harmonic Drive Systems' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Harmonic Drive Systems ranks #2714 out of 2997 companies for Days Payable. This places Harmonic Drive Systems in the lower half of its industry. The industry median Days Payable is 77.54. Harmonic Drive Systems' value of 20.41 is 73.7% below this benchmark. Historically, Harmonic Drive Systems' own Days Payable has ranged from 24.58 to 56.11 over the past decade. While the company's 10-year median is 31.36 vs. the industry median of 77.54, Harmonic Drive Systems 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. Harmonic Drive Systems's current Days Payable of 20.41 is 73.7% 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 Harmonic Drive Systems and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harmonic Drive Systems's current Days Payable is 20.41, which is 35% below median its own 10-year median of 31.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmonic Drive Systems stock overvalued right now?
Based on GuruFocus' analysis, Harmonic Drive Systems (HSYDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $23.38, compared to a current price of $48.38 — trading 106.9% above its estimated fair value. The current Days Payable is 20.41, which is 35% below median its 10-year median of 31.36 and 73.7% below the Industrial Products industry median of 77.54. Harmonic Drive Systems' overall GF Score™ is 69/100 with 10 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 Harmonic Drive Systems (HSYDF), the current Days Payable is 20.41 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 Harmonic Drive Systems (HSYDF) Overvalued in 2026?

Based on GuruFocus' analysis, Harmonic Drive Systems stock appears to be overvalued. The current stock price of $48.38 is trading 106.9% above its estimated GF Value™ of $23.38. GuruFocus considers Harmonic Drive Systems to be Significantly Overvalued.

Key valuation signals for HSYDF:

  • Days Payable: 20.41 (35% below median its 10-year median of 31.36)
  • GF Value™: $23.38 vs. price of $48.38 (106.9% above fair value)
  • GF Score™: 69/100 with 10 warning signs
  • Industry Position: 73.7% below the Industrial Products median (#2714 of 2997)

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


Harmonic Drive Systems Business Description

Other Exchanges 6324:JapanK3R:Germany
Address 6-25-3 Minami-Oi, Shinagawa-ku, Tokyo, JPN, 140-0013
Harmonic Drive Systems manufactures and sells high-precision reduction gears (harmonic reducers) under the Harmonic Drive brand as well as other mechatronics products, including rotary actuators, linear actuators, and AC servo motors. The company also provides planetary gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo, Japan.
69GF Score

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

$48.38
Price
$23.38
GF Value