MAARF (Quants Research Institute Holdings) Days Payable: 21.39 (As of Mar. 2026) — 17% Above Median


MAARF Quants Research Institute Holdings Inc MAARF
83 GF Score
Price $8.46
GF Value $31.38
! 3 Warning Signs
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What is Quants Research Institute Holdings Days Payable?

Quants Research Institute Holdings MAARF 83 Days Payable is 21.39 as of Mar. 2026, which is 17% above its 10-year median of 18.25. GuruFocus rates MAARF with a GF Score™ of 83/100 and a GF Value™ of $31.38. The stock has 3 warning signs investors should review. Among 541 Capital Markets companies, Quants Research Institute Holdings ranks worse than 73.75% on this metric.

Quants Research Institute Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $3.3 Mil. Quants Research Institute Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $13.9 Mil. Hence, Quants Research Institute Holdings's Days Payable for the three months ended in Mar. 2026 was 21.39.

The historical rank and industry rank for Quants Research Institute Holdings's Days Payable or its related term are showing as below:

MAARF' s Days Payable Range Over the Past 10 Years
Min: 15.34   Med: 18.25   Max: 27.97
Current: 22.26

During the past 6 years, Quants Research Institute Holdings's highest Days Payable was 27.97. The lowest was 15.34. And the median was 18.25.

MAARF's Days Payable is ranked worse than
73.75% of 541 companies
in the Capital Markets industry
Industry Median: 92.89 vs MAARF: 22.26

Quants Research Institute Holdings's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (21.39). It may suggest that Quants Research Institute Holdings delayed paying its suppliers.


Quants Research Institute Holdings Days Payable Related Terms


Quants Research Institute Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Quants Research Institute Holdings'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.

Quants Research Institute Holdings Days Payable Chart

Quants Research Institute Holdings Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial 0.00 0.00 27.98 15.14 18.47

Quants Research Institute Holdings Quarterly Data
Sep20 Sep21 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 0.00 0.00 19.50 22.46 21.39

MAARF vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Quants Research Institute Holdings'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.


Quants Research Institute Holdings Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Quants Research Institute Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Quants Research Institute Holdings's Days Payable falls into.


MAARF
83GF Score
Quants Research Institute Holdings Inc MAARF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Quants Research Institute Holdings 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.

Quants Research Institute Holdings's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1.615 + 2.884) / 2 ) / 44.449*365
=2.2495 / 44.449*365
=18.47

Quants Research Institute Holdings'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
=( (3.625 + 2.89) / 2 ) / 13.896*365 / 4
=3.2575 / 13.896*365 / 4
=21.39

* 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 21.39 mean?
Quants Research Institute Holdings (MAARF) has a Days Payable of 21.39 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 Quants Research Institute Holdings and its competitors. This is 17% above median its historical median of 18.25. Over the past decade, Quants Research Institute Holdings' Days Payable has ranged from 15.34 to 27.97. According to the industry distribution chart, Quants Research Institute Holdings ranks #399 out of 541 companies in the Capital Markets industry, placing it in the top 73.8%.
Is Quants Research Institute Holdings' Days Payable too high?
Quants Research Institute Holdings' current Days Payable of 21.39 is 17% above median its 10-year median of 18.25. Over the past 10 years, this metric has ranged from a low of 15.34 to a high of 27.97. The Capital Markets industry median Days Payable is 92.89. Quants Research Institute Holdings' value of 21.39 is 77% below this industry median. Based on the distribution chart, Quants Research Institute Holdings ranks #399 out of 541 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Quants Research Institute Holdings has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Quants Research Institute Holdings' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Quants Research Institute Holdings ranks #399 out of 541 companies for Days Payable. This places Quants Research Institute Holdings in the lower half of its industry. The industry median Days Payable is 92.89. Quants Research Institute Holdings' value of 21.39 is 77% below this benchmark. Historically, Quants Research Institute Holdings' own Days Payable has ranged from 15.34 to 27.97 over the past decade. While the company's 10-year median is 18.25 vs. the industry median of 92.89, Quants Research Institute Holdings 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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. Quants Research Institute Holdings's current Days Payable of 21.39 is 77% 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 Quants Research Institute Holdings and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quants Research Institute Holdings's current Days Payable is 21.39, which is 17% above median its own 10-year median of 18.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quants Research Institute Holdings stock overvalued right now?
Quants Research Institute Holdings (MAARF) has a current Days Payable of 21.39. The stock's GF Value™ is $31.38, compared to a current price of $8.46 — trading 73% below its estimated fair value. The current Days Payable is 21.39, which is 17% above median its 10-year median of 18.25 and 77% below the Capital Markets industry median of 92.89. Quants Research Institute Holdings' overall GF Score™ is 83/100 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 Quants Research Institute Holdings (MAARF), the current Days Payable is 21.39 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 Quants Research Institute Holdings (MAARF) Overvalued in 2026?

Based on GuruFocus' analysis, Quants Research Institute Holdings stock appears to be undervalued. The current stock price of $8.46 is trading 73% below its estimated GF Value™ of $31.38.

Key valuation signals for MAARF:

  • Days Payable: 21.39 (17% above median its 10-year median of 18.25)
  • GF Value™: $31.38 vs. price of $8.46 (73% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 77% below the Capital Markets median (#399 of 541)

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


Quants Research Institute Holdings Business Description

Other Exchanges 9552:Japan
Address 1-8-1 Marunouchi, Marunouchi Trust Tower N Building 17 Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
Quants Research Institute Holdings Inc, formerly M&A Research Institute Holdings Inc is a technology-based M&A brokerage company.
83GF Score

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

$8.46
Price
$31.38
GF Value