Honda Motor Co (MEX:HMCN) Days Payable: 28.33 (As of Mar. 2026) — 20% Below Median


MEX:HMCN Honda Motor Co Ltd MEX:HMCN
62 GF Score
Price MXN455.00
GF Value MXN627.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Honda Motor Co Days Payable?

Honda Motor Co MEX:HMCN 62 Days Payable is 28.33 as of Mar. 2026, which is 20% below its 10-year median of 35.44. GuruFocus rates MEX:HMCN with a GF Score™ of 62/100 and a GF Value™ of MXN627.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Honda Motor Co ranks worse than 85.61% on this metric.

Honda Motor Co's average Accounts Payable for the three months ended in Mar. 2026 was MXN192,263 Mil. Honda Motor Co's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN619,208 Mil. Hence, Honda Motor Co's Days Payable for the three months ended in Mar. 2026 was 28.33.

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

MEX:HMCN' s Days Payable Range Over the Past 10 Years
Min: 31.77   Med: 35.44   Max: 38.82
Current: 31.77

During the past 13 years, Honda Motor Co's highest Days Payable was 38.82. The lowest was 31.77. And the median was 35.44.

MEX:HMCN's Days Payable is ranked worse than
85.61% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs MEX:HMCN: 31.77

Honda Motor Co's Days Payable declined from Mar. 2025 (33.26) to Mar. 2026 (28.33). It may suggest that Honda Motor Co accelerated paying its suppliers.


Honda Motor Co Days Payable Historical Data

* Premium members only.

The historical data trend for Honda Motor 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.

Honda Motor Co Days Payable Chart

Honda Motor 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 38.73 39.87 38.13 31.76 38.02

Honda Motor 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 33.26 33.44 32.12 34.37 28.33

MEX:HMCN vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Honda Motor 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.


Honda Motor Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Honda Motor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Honda Motor Co's Days Payable falls into.


MEX:HMCN
62GF Score
Honda Motor Co Ltd MEX:HMCN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Honda Motor 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.

Honda Motor 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
=( (228314.086 + 202460.774) / 2 ) / 2067500.926*365
=215387.43 / 2067500.926*365
=38.02

Honda Motor 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
=( (182065.268 + 202460.774) / 2 ) / 619208.494*365 / 4
=192263.021 / 619208.494*365 / 4
=28.33

* 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 28.33 mean?
Honda Motor Co (MEX:HMCN) has a Days Payable of 28.33 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 Honda Motor Co and its competitors. This is 20% below median its historical median of 35.44. Over the past decade, Honda Motor Co's Days Payable has ranged from 31.77 to 38.82. According to the industry distribution chart, Honda Motor Co ranks #1124 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 85.6%.
Is Honda Motor Co's Days Payable too high?
Honda Motor Co's current Days Payable of 28.33 is 20% below median its 10-year median of 35.44. Over the past 10 years, this metric has ranged from a low of 31.77 to a high of 38.82. The Vehicles & Parts industry median Days Payable is 67.12. Honda Motor Co's value of 28.33 is 57.8% below this industry median. Based on the distribution chart, Honda Motor Co ranks #1124 out of 1313 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Honda Motor Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda Motor Co's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Honda Motor Co ranks #1124 out of 1313 companies for Days Payable. This places Honda Motor Co in the lower half of its industry. The industry median Days Payable is 67.12. Honda Motor Co's value of 28.33 is 57.8% below this benchmark. Historically, Honda Motor Co's own Days Payable has ranged from 31.77 to 38.82 over the past decade. While the company's 10-year median is 35.44 vs. the industry median of 67.12, Honda Motor 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. Honda Motor Co's current Days Payable of 28.33 is 57.8% 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 Honda Motor Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honda Motor Co's current Days Payable is 28.33, which is 20% below median its own 10-year median of 35.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Honda Motor Co (MEX:HMCN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN627.27, compared to a current price of MXN455.00 — trading 27.5% below its estimated fair value. The current Days Payable is 28.33, which is 20% below median its 10-year median of 35.44 and 57.8% below the Vehicles & Parts industry median of 67.12. Honda Motor Co's overall GF Score™ is 62/100 with 5 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 Honda Motor Co (MEX:HMCN), the current Days Payable is 28.33 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 Honda Motor Co (MEX:HMCN) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Motor Co stock appears to be undervalued. The current stock price of MXN455.00 is trading 27.5% below its estimated GF Value™ of MXN627.27. GuruFocus considers Honda Motor Co to be Modestly Undervalued.

Key valuation signals for MEX:HMCN:

  • Days Payable: 28.33 (20% below median its 10-year median of 35.44)
  • GF Value™: MXN627.27 vs. price of MXN455.00 (27.5% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 57.8% below the Vehicles & Parts median (#1124 of 1313)

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


Honda Motor Co Business Description

Address Toranomon 2-chome, No.2-3, Minato-ku, Tokyo, JPN, 105-8404
Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Including joint ventures, Honda sold 3.4 million light vehicles and 22.1 million motorcycles in fiscal 2026, and consolidated sales were JPY 21.8 trillion. Automobiles constitute 64% of revenue and motorcycles 18%, with the rest split between power products and financial services. Honda also makes robots and private jets.
62GF Score

Get the complete analysis for MEX:HMCN

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

MXN455.00
Price
MXN627.27
GF Value