HTCMF (Hitachi Construction Machinery Co) Days Payable: 68.79 (As of Mar. 2026) — 32% Below Median


HTCMF Hitachi Construction Machinery Co Ltd HTCMF
76 GF Score
Price $32.90
GF Value $27.38
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Hitachi Construction Machinery Co Days Payable?

Hitachi Construction Machinery Co HTCMF -1.11% 76 Days Payable is 68.79 as of Mar. 2026, which is 32% below its 10-year median of 101.61. GuruFocus rates HTCMF with a GF Score™ of 76/100 and a GF Value™ of $27.38 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Hitachi Construction Machinery Co ranks better than 56.46% on this metric.

Hitachi Construction Machinery Co's average Accounts Payable for the three months ended in Mar. 2026 was $1,467 Mil. Hitachi Construction Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,946 Mil. Hence, Hitachi Construction Machinery Co's Days Payable for the three months ended in Mar. 2026 was 68.79.

The historical rank and industry rank for Hitachi Construction Machinery Co's Days Payable or its related term are showing as below:

HTCMF' s Days Payable Range Over the Past 10 Years
Min: 83.32   Med: 101.61   Max: 128.85
Current: 83.32

During the past 13 years, Hitachi Construction Machinery Co's highest Days Payable was 128.85. The lowest was 83.32. And the median was 101.61.

HTCMF's Days Payable is ranked better than
56.46% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.7 vs HTCMF: 83.32

Hitachi Construction Machinery Co's Days Payable declined from Mar. 2025 (78.70) to Mar. 2026 (68.79). It may suggest that Hitachi Construction Machinery Co accelerated paying its suppliers.


Hitachi Construction Machinery Co Days Payable Related Terms


Hitachi Construction Machinery Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hitachi Construction Machinery 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.

Hitachi Construction Machinery Co Days Payable Chart

Hitachi Construction Machinery Co 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 102.87 101.90 100.75 95.80 89.13

Hitachi Construction Machinery Co 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 78.70 93.45 83.00 93.46 68.79

HTCMF vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery 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.


Hitachi Construction Machinery Co Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hitachi Construction Machinery Co's Days Payable falls into.


HTCMF
76GF Score
Hitachi Construction Machinery Co Ltd HTCMF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hitachi Construction Machinery Co 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.

Hitachi Construction Machinery Co'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
=( (1568.293 + 1472.82) / 2 ) / 6226.747*365
=1520.5565 / 6226.747*365
=89.13

Hitachi Construction Machinery Co'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
=( (1461.957 + 1472.82) / 2 ) / 1946.356*365 / 4
=1467.3885 / 1946.356*365 / 4
=68.79

* 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 68.79 mean?
Hitachi Construction Machinery Co (HTCMF) has a Days Payable of 68.79 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 Hitachi Construction Machinery Co and its competitors. This is 32% below median its historical median of 101.61. Over the past decade, Hitachi Construction Machinery Co's Days Payable has ranged from 83.32 to 128.85. According to the industry distribution chart, Hitachi Construction Machinery Co ranks #91 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 43.5%.
Is Hitachi Construction Machinery Co's Days Payable too high?
Hitachi Construction Machinery Co's current Days Payable of 68.79 is 32% below median its 10-year median of 101.61. Over the past 10 years, this metric has ranged from a low of 83.32 to a high of 128.85. The Farm & Heavy Construction Machinery industry median Days Payable is 70.70. Hitachi Construction Machinery Co's value of 68.79 is 2.7% below this industry median. Based on the distribution chart, Hitachi Construction Machinery Co ranks #91 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Hitachi Construction Machinery Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hitachi Construction Machinery Co's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hitachi Construction Machinery Co ranks #91 out of 209 companies for Days Payable. This puts Hitachi Construction Machinery Co in the upper half of its industry. The industry median Days Payable is 70.70. Hitachi Construction Machinery Co's value of 68.79 is 2.7% below this benchmark. Historically, Hitachi Construction Machinery Co's own Days Payable has ranged from 83.32 to 128.85 over the past decade. While the company's 10-year median is 101.61 vs. the industry median of 70.70, Hitachi Construction Machinery 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 70.70, based on 209 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. Hitachi Construction Machinery Co's current Days Payable of 68.79 is 2.7% 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 Hitachi Construction Machinery Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 70.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hitachi Construction Machinery Co's current Days Payable is 68.79, which is 32% below median its own 10-year median of 101.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitachi Construction Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Hitachi Construction Machinery Co (HTCMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.38, compared to a current price of $32.90 — trading 20.2% above its estimated fair value. The current Days Payable is 68.79, which is 32% below median its 10-year median of 101.61 and 2.7% below the Farm & Heavy Construction Machinery industry median of 70.70. Hitachi Construction Machinery Co's overall GF Score™ is 76/100 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 Hitachi Construction Machinery Co (HTCMF), the current Days Payable is 68.79 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 Hitachi Construction Machinery Co (HTCMF) Overvalued in 2026?

Based on GuruFocus' analysis, Hitachi Construction Machinery Co stock appears to be overvalued. The current stock price of $32.90 is trading 20.2% above its estimated GF Value™ of $27.38. GuruFocus considers Hitachi Construction Machinery Co to be Modestly Overvalued.

Key valuation signals for HTCMF:

  • Days Payable: 68.79 (32% below median its 10-year median of 101.61)
  • GF Value™: $27.38 vs. price of $32.90 (20.2% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 2.7% below the Farm & Heavy Construction Machinery median (#91 of 209)

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


Hitachi Construction Machinery Co Business Description

Address 16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining and construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.42% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo.
76GF Score

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

$32.90
Price
$27.38
GF Value