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Micware CoMWC +3.97%20 Days Payable is 39.83 as of Feb. 2026, which is 6% below its 10-year median of 42.19. GuruFocus rates MWC with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 1,311 Vehicles & Parts companies, Micware Co ranks worse than 75.51% on this metric.
Micware Co's average Accounts Payable for the
six
months ended in Feb. 2026 was $9.6 Mil. Micware Co's Cost of Goods Sold for the
six
months ended in Feb. 2026 was $43.9 Mil.
Hence, Micware Co's Days Payable for the
six
months ended in Feb. 2026 was 39.83.
The historical rank and industry rank for Micware Co's Days Payable or its related term are showing as below:
MWC'
s Days Payable Range Over the Past 10 Years
Min: 39.9 Med: 42.19 Max: 45
Current: 39.9
During the past 3 years, Micware Co's highest Days Payable was 45.00. The lowest was 39.90. And the median was 42.19.
MWC's Days Payable is ranked worse than 75.51% of 1311
companies
in the Vehicles & Parts industry
Industry Median: 66.65
vs MWC: 39.90
Micware Co's Days Payable
declined
from Feb. 2025 (41.51) to Feb. 2026 (39.83).
It may suggest that Micware Coaccelerated paying its suppliers.
The historical data trend for Micware 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.
Micware Co Days Payable Chart
Micware Co Annual Data
Trend
Feb24
Feb25
Feb26
Days Payable
45.00
42.19
40.80
Micware Co Semi-Annual Data
Feb24
Aug24
Feb25
Aug25
Feb26
Days Payable
0.00
41.45
41.51
40.10
39.83
MWC vs CAAS, INVZ, MKDW: Days Payable Comparison
For the Auto Parts subindustry, Micware 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.
Micware Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Micware Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Micware Co's Days Payable falls into.
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.
Micware Co's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as
* 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.
Micware Co (MWC) has a Days Payable of 39.83 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Micware Co and its competitors. This is near median its historical median of 42.19. Over the past decade, Micware Co's Days Payable has ranged from 39.90 to 45.00. According to the industry distribution chart, Micware Co ranks #990 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 75.5%.
Is Micware Co's Days Payable too high?
Micware Co's current Days Payable of 39.83 is near median its 10-year median of 42.19. Over the past 10 years, this metric has ranged from a low of 39.90 to a high of 45.00. The Vehicles & Parts industry median Days Payable is 66.65. Micware Co's value of 39.83 is 40.2% below this industry median. Based on the distribution chart, Micware Co ranks #990 out of 1311 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Micware Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Micware Co's Days Payable compare to CAAS and INVZ?
According to the Vehicles & Parts industry distribution chart, Micware Co ranks #990 out of 1311 companies for Days Payable. This places Micware Co in the lower half of its industry. The industry median Days Payable is 66.65. Micware Co's value of 39.83 is 40.2% below this benchmark. Historically, Micware Co's own Days Payable has ranged from 39.90 to 45.00 over the past decade. While the company's 10-year median is 42.19 vs. the industry median of 66.65, Micware 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 66.65, based on 1,311 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. Micware Co's current Days Payable of 39.83 is 40.2% 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 Micware Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micware Co's current Days Payable is 39.83, which is near median its own 10-year median of 42.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micware Co stock overvalued right now?
Micware Co (MWC) has a current Days Payable of 39.83. The current Days Payable is 39.83, which is near median its 10-year median of 42.19 and 40.2% below the Vehicles & Parts industry median of 66.65. Micware Co's overall GF Score™ is 20/100 with 1 warning sign 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 Micware Co (MWC), the current Days Payable is 39.83 as of Feb. 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.
Micware Co Ltd is a Japan-based holding company that provides software development services and inventive information technology (IT) solutions mainly focused on the automotive and mobility sectors. Its main focus is the development and sale of in-vehicle infotainment (IVI) systems that cover a broad range of modern car functionality from multimedia to navigation, human-machine interface, telematics, and driver assistance. The group also engaged in the development of navigation software and location information-based smartphone applications. The Company operates its business units in the three operating segments: Software Defined Vehicles (SDV), Location-Based Services (LBS), and Other. The Company operates principally in Japan. All material revenue of the Company is derived from Japan.
20GF Score
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