MILGF (Mitsubishi Logistics) Days Payable: 38.46 (As of Mar. 2026) — Near Median


MILGF Mitsubishi Logistics Corp MILGF
83 GF Score
Price $8.63
GF Value $6.83
! 9 Warning Signs
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What is Mitsubishi Logistics Days Payable?

Mitsubishi Logistics MILGF 83 Days Payable is 38.46 as of Mar. 2026, which is 4% below its 10-year median of 40.15. GuruFocus rates MILGF with a GF Score™ of 83/100 and a GF Value™ of $6.83. The stock has 9 warning signs investors should review. Among 972 Transportation companies, Mitsubishi Logistics ranks worse than 54.01% on this metric.

Mitsubishi Logistics's average Accounts Payable for the three months ended in Mar. 2026 was $159 Mil. Mitsubishi Logistics's Cost of Goods Sold for the three months ended in Mar. 2026 was $378 Mil. Hence, Mitsubishi Logistics's Days Payable for the three months ended in Mar. 2026 was 38.46.

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

MILGF' s Days Payable Range Over the Past 10 Years
Min: 30.58   Med: 40.15   Max: 45.87
Current: 35.72

During the past 13 years, Mitsubishi Logistics's highest Days Payable was 45.87. The lowest was 30.58. And the median was 40.15.

MILGF's Days Payable is ranked worse than
54.01% of 972 companies
in the Transportation industry
Industry Median: 38.905 vs MILGF: 35.72

Mitsubishi Logistics's Days Payable increased from Mar. 2025 (31.68) to Mar. 2026 (38.46). It may suggest that Mitsubishi Logistics delayed paying its suppliers.


Mitsubishi Logistics Days Payable Historical Data

* Premium members only.

The historical data trend for Mitsubishi Logistics'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.

Mitsubishi Logistics Days Payable Chart

Mitsubishi Logistics 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 34.10 32.30 42.74 34.09 37.77

Mitsubishi Logistics 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 31.68 31.80 34.93 37.93 38.46

MILGF vs FDX, UPS, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Mitsubishi Logistics'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.


Mitsubishi Logistics Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Mitsubishi Logistics's Days Payable distribution charts can be found below:

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


MILGF
83GF Score
Mitsubishi Logistics Corp MILGF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Logistics 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.

Mitsubishi Logistics'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
=( (148.802 + 164.114) / 2 ) / 1511.872*365
=156.458 / 1511.872*365
=37.77

Mitsubishi Logistics'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
=( (154.379 + 164.114) / 2 ) / 377.804*365 / 4
=159.2465 / 377.804*365 / 4
=38.46

* 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 38.46 mean?
Mitsubishi Logistics (MILGF) has a Days Payable of 38.46 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 Mitsubishi Logistics and its competitors. This is near median its historical median of 40.15. Over the past decade, Mitsubishi Logistics' Days Payable has ranged from 30.58 to 45.87. According to the industry distribution chart, Mitsubishi Logistics ranks #525 out of 972 companies in the Transportation industry, placing it in the top 54%.
Is Mitsubishi Logistics' Days Payable too high?
Mitsubishi Logistics' current Days Payable of 38.46 is near median its 10-year median of 40.15. Over the past 10 years, this metric has ranged from a low of 30.58 to a high of 45.87. The Transportation industry median Days Payable is 38.91. Mitsubishi Logistics' value of 38.46 is 1.1% below this industry median. Based on the distribution chart, Mitsubishi Logistics ranks #525 out of 972 companies in the Transportation industry, which is below the industry midpoint. Overall, Mitsubishi Logistics has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Logistics' Days Payable compare to FDX and UPS?
According to the Transportation industry distribution chart, Mitsubishi Logistics ranks #525 out of 972 companies for Days Payable. This places Mitsubishi Logistics in the lower half of its industry. The industry median Days Payable is 38.91. Mitsubishi Logistics' value of 38.46 is 1.1% below this benchmark. Historically, Mitsubishi Logistics' own Days Payable has ranged from 30.58 to 45.87 over the past decade. While the company's 10-year median is 40.15 vs. the industry median of 38.91, Mitsubishi Logistics 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 Transportation company?
The median Days Payable among Transportation companies is 38.91, based on 972 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. Mitsubishi Logistics's current Days Payable of 38.46 is 1.1% 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 Mitsubishi Logistics and its competitors. For the Transportation industry, the median Days Payable is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Logistics's current Days Payable is 38.46, which is near median its own 10-year median of 40.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Logistics stock overvalued right now?
Mitsubishi Logistics (MILGF) has a current Days Payable of 38.46. The stock's GF Value™ is $6.83, compared to a current price of $8.63 — trading 26.3% above its estimated fair value. The current Days Payable is 38.46, which is near median its 10-year median of 40.15 and 1.1% below the Transportation industry median of 38.91. Mitsubishi Logistics' overall GF Score™ is 83/100 with 9 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 Mitsubishi Logistics (MILGF), the current Days Payable is 38.46 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 Mitsubishi Logistics (MILGF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Logistics stock appears to be overvalued. The current stock price of $8.63 is trading 26.3% above its estimated GF Value™ of $6.83.

Key valuation signals for MILGF:

  • Days Payable: 38.46 (near median its 10-year median of 40.15)
  • GF Value™: $6.83 vs. price of $8.63 (26.3% above fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 1.1% below the Transportation median (#525 of 972)

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


Mitsubishi Logistics Business Description

Other Exchanges 9301:JapanMIB:Germany
Address 1-19-1 Nihonbashi, Nihonbashi Diamond Building, Chuo-ku, Tokyo, JPN, 103-0027
Mitsubishi Logistics Corp is a Japan-based logistics and real estate investment company. The company organizes itself into two segments: logistics and real estate. Logistics, which contributes the majority of revenue, includes warehousing; air, ocean, and rail transportation; port-terminal operations; and international freight forwarding. The real estate segment buys, sells, and leases office buildings and other commercial real estate. The company derives the vast majority of revenue domestically.
83GF Score

Get the complete analysis for MILGF

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

$8.63
Price
$6.83
GF Value