Hoya (MEX:7741N) Days Payable: 171.93 (As of Mar. 2026) — 20% Below Median


MEX:7741N Hoya Corp MEX:7741N
93 GF Score
Price MXN2,750.59
GF Value MXN2,048.30
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hoya Days Payable?

Hoya MEX:7741N 93 Days Payable is 171.93 as of Mar. 2026, which is 20% below its 10-year median of 215.60. GuruFocus rates MEX:7741N with a GF Score™ of 93/100 and a GF Value™ of MXN2,048.30 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Hoya ranks better than 84.4% on this metric.

Hoya's average Accounts Payable for the three months ended in Mar. 2026 was MXN8,334 Mil. Hoya's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN4,423 Mil. Hence, Hoya's Days Payable for the three months ended in Mar. 2026 was 171.93.

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

MEX:7741N' s Days Payable Range Over the Past 10 Years
Min: 185.08   Med: 215.6   Max: 263.49
Current: 192.17

During the past 13 years, Hoya's highest Days Payable was 263.49. The lowest was 185.08. And the median was 215.60.

MEX:7741N's Days Payable is ranked better than
84.4% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 67.87 vs MEX:7741N: 192.17

Hoya's Days Payable declined from Mar. 2025 (222.87) to Mar. 2026 (171.93). It may suggest that Hoya accelerated paying its suppliers.


Hoya Days Payable Historical Data

* Premium members only.

The historical data trend for Hoya'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.

Hoya Days Payable Chart

Hoya 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 223.54 253.12 255.40 188.80 204.33

Hoya 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 222.87 215.40 204.99 207.96 171.93

MEX:7741N vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Hoya'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.


Hoya Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hoya's Days Payable distribution charts can be found below:

* The bar in red indicates where Hoya's Days Payable falls into.


MEX:7741N
93GF Score
Hoya Corp MEX:7741N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoya 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.

Hoya'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
=( (9469.722 + 7821.954) / 2 ) / 15444.128*365
=8645.838 / 15444.128*365
=204.33

Hoya'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
=( (8845.503 + 7821.954) / 2 ) / 4423.095*365 / 4
=8333.7285 / 4423.095*365 / 4
=171.93

* 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 171.93 mean?
Hoya (MEX:7741N) has a Days Payable of 171.93 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 Hoya and its competitors. This is 20% below median its historical median of 215.60. Over the past decade, Hoya's Days Payable has ranged from 185.08 to 263.49. According to the industry distribution chart, Hoya ranks #124 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 15.6%.
Is Hoya's Days Payable too high?
Hoya's current Days Payable of 171.93 is 20% below median its 10-year median of 215.60. Over the past 10 years, this metric has ranged from a low of 185.08 to a high of 263.49. The Medical Devices & Instruments industry median Days Payable is 67.87. Hoya's value of 171.93 is 153.3% above this industry median. Based on the distribution chart, Hoya ranks #124 out of 795 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Hoya has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hoya's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Hoya ranks #124 out of 795 companies for Days Payable. This places Hoya in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.87. Hoya's value of 171.93 is 153.3% above this benchmark. Historically, Hoya's own Days Payable has ranged from 185.08 to 263.49 over the past decade. While the company's 10-year median is 215.60 vs. the industry median of 67.87, Hoya has consistently been above 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.87, based on 795 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. Hoya's current Days Payable of 171.93 is 153.3% above 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 Hoya and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoya's current Days Payable is 171.93, which is 20% below median its own 10-year median of 215.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoya stock overvalued right now?
Based on GuruFocus' analysis, Hoya (MEX:7741N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,048.30, compared to a current price of MXN2,750.59 — trading 34.3% above its estimated fair value. The current Days Payable is 171.93, which is 20% below median its 10-year median of 215.60 and 153.3% above the Medical Devices & Instruments industry median of 67.87. Hoya's overall GF Score™ is 93/100 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 Hoya (MEX:7741N), the current Days Payable is 171.93 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 Hoya (MEX:7741N) Overvalued in 2026?

Based on GuruFocus' analysis, Hoya stock appears to be overvalued. The current stock price of MXN2,750.59 is trading 34.3% above its estimated GF Value™ of MXN2,048.30. GuruFocus considers Hoya to be Significantly Overvalued.

Key valuation signals for MEX:7741N:

  • Days Payable: 171.93 (20% below median its 10-year median of 215.60)
  • GF Value™: MXN2,048.30 vs. price of MXN2,750.59 (34.3% above fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 153.3% above the Medical Devices & Instruments median (#124 of 795)

No single metric tells the full story. See the MEX:7741N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoya Business Description

Address 6-10-1, Nishi-Shinjuku, 20th Floor, Nittochi Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-8347
Founded in 1941 in Tokyo as an optical glass production plant, Hoya is one of the largest eyeglass lens manufacturers in the world. Leveraging its technology know-how in glass manufacturing, Hoya entered the mask blanks business in 1974. Now although its life care business accounts for more than 60% of its total revenue, majority of its profit before tax comes from its higher-margin IT business.
93GF Score

Get the complete analysis for MEX:7741N

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

MXN2,750.59
Price
MXN2,048.30
GF Value