Renesas Electronics (MEX:RNEC N) Days Payable: 127.85 (As of Mar. 2026) — Near Median


MEX:RNEC N Renesas Electronics Corp MEX:RNEC N
74 GF Score
Price MXN305.03
GF Value MXN148.58
! 6 Warning Signs
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What is Renesas Electronics Days Payable?

Renesas Electronics MEX:RNEC N 74 Days Payable is 127.85 as of Mar. 2026, which is 9% above its 10-year median of 117.14. GuruFocus rates MEX:RNEC N with a GF Score™ of 74/100 and a GF Value™ of MXN148.58. The stock has 6 warning signs investors should review. Among 999 Semiconductors companies, Renesas Electronics ranks better than 83.68% on this metric.

Renesas Electronics's average Accounts Payable for the three months ended in Mar. 2026 was MXN24,996 Mil. Renesas Electronics's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN17,841 Mil. Hence, Renesas Electronics's Days Payable for the three months ended in Mar. 2026 was 127.85.

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

MEX:RNEC N' s Days Payable Range Over the Past 10 Years
Min: 72.13   Med: 117.14   Max: 144.8
Current: 131.22

During the past 13 years, Renesas Electronics's highest Days Payable was 144.80. The lowest was 72.13. And the median was 117.14.

MEX:RNEC N's Days Payable is ranked better than
83.68% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs MEX:RNEC N: 131.22

Renesas Electronics's Days Payable declined from Mar. 2025 (148.22) to Mar. 2026 (127.85). It may suggest that Renesas Electronics accelerated paying its suppliers.


Renesas Electronics Days Payable Historical Data

* Premium members only.

The historical data trend for Renesas Electronics'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.

Renesas Electronics Days Payable Chart

Renesas Electronics Annual Data
Trend Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.45 134.79 148.41 134.88 157.73

Renesas Electronics 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 148.22 137.67 133.52 136.54 127.85

MEX:RNEC N vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Renesas Electronics'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.


Renesas Electronics Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Renesas Electronics's Days Payable distribution charts can be found below:

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


MEX:RNEC N
74GF Score
Renesas Electronics Corp MEX:RNEC N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Renesas Electronics 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.

Renesas Electronics's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (31325.251 + 25310.299) / 2 ) / 65527.975*365
=28317.775 / 65527.975*365
=157.73

Renesas Electronics'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
=( (25310.299 + 24681.81) / 2 ) / 17840.796*365 / 4
=24996.0545 / 17840.796*365 / 4
=127.85

* 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 127.85 mean?
Renesas Electronics (MEX:RNEC N) has a Days Payable of 127.85 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 Renesas Electronics and its competitors. This is near median its historical median of 117.14. Over the past decade, Renesas Electronics' Days Payable has ranged from 72.13 to 144.80. According to the industry distribution chart, Renesas Electronics ranks #163 out of 999 companies in the Semiconductors industry, placing it in the top 16.3%.
Is Renesas Electronics' Days Payable too high?
Renesas Electronics' current Days Payable of 127.85 is near median its 10-year median of 117.14. Over the past 10 years, this metric has ranged from a low of 72.13 to a high of 144.80. The Semiconductors industry median Days Payable is 53.06. Renesas Electronics' value of 127.85 is 141% above this industry median. Based on the distribution chart, Renesas Electronics ranks #163 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Renesas Electronics has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Renesas Electronics' Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Renesas Electronics ranks #163 out of 999 companies for Days Payable. This places Renesas Electronics in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. Renesas Electronics' value of 127.85 is 141% above this benchmark. Historically, Renesas Electronics' own Days Payable has ranged from 72.13 to 144.80 over the past decade. While the company's 10-year median is 117.14 vs. the industry median of 53.06, Renesas Electronics 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Renesas Electronics's current Days Payable of 127.85 is 141% 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 Renesas Electronics and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renesas Electronics's current Days Payable is 127.85, which is near median its own 10-year median of 117.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renesas Electronics stock overvalued right now?
Renesas Electronics (MEX:RNEC N) has a current Days Payable of 127.85. The stock's GF Value™ is MXN148.58, compared to a current price of MXN305.03 — trading 105.3% above its estimated fair value. The current Days Payable is 127.85, which is near median its 10-year median of 117.14 and 141% above the Semiconductors industry median of 53.06. Renesas Electronics' overall GF Score™ is 74/100 with 6 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 Renesas Electronics (MEX:RNEC N), the current Days Payable is 127.85 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 Renesas Electronics (MEX:RNEC N) Overvalued in 2026?

Based on GuruFocus' analysis, Renesas Electronics stock appears to be overvalued. The current stock price of MXN305.03 is trading 105.3% above its estimated GF Value™ of MXN148.58.

Key valuation signals for MEX:RNEC N:

  • Days Payable: 127.85 (near median its 10-year median of 117.14)
  • GF Value™: MXN148.58 vs. price of MXN305.03 (105.3% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 141% above the Semiconductors median (#163 of 999)

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


Renesas Electronics Business Description

Address 3-2-24 Toyosu, Koto-ku, Tokyo, JPN, 135-0061
Renesas Electronics is a Japanese broad-based integrated device manufacturer involved in the design and manufacturing of microcontrollers and analog chips, used across automotive, industrial, enterprise, and consumer industries. Headquartered in Tokyo, the company was created through the combination of electronics business units from NEC Electronics, Mitsubishi, and Hitachi. The company's businesses are primarily focused in Asia, where they historically account for 70%-80% of its sales. Renesas is the third- and ninth-largest manufacturer of MCUs and power/analog devices, with a 17% and 3.5% market share, respectively, as of 2024.
74GF Score

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

MXN305.03
Price
MXN148.58
GF Value