Marusan-Ai Co (NGO:2551) Days Payable: 60.51 (As of Mar. 2026) — Near Median

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NGO:2551 Marusan-Ai Co Ltd NGO:2551
47 GF Score
Price 円3,555.00
GF Value 円3,790.75
Valuation Fairly Valued
! 5 Warning Signs
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What is Marusan-Ai Co Days Payable?

Marusan-Ai Co NGO:2551 -0.28% 47 Days Payable is 60.51 as of Mar. 2026, which is 5% below its 10-year median of 63.85. GuruFocus rates NGO:2551 with a GF Score™ of 47/100 and a GF Value™ of 円3,790.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,890 Consumer Packaged Goods companies, Marusan-Ai Co ranks better than 63.97% on this metric.

Marusan-Ai Co's average Accounts Payable for the six months ended in Mar. 2026 was 円3,893 Mil. Marusan-Ai Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円11,741 Mil. Hence, Marusan-Ai Co's Days Payable for the six months ended in Mar. 2026 was 60.51.

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

NGO:2551' s Days Payable Range Over the Past 10 Years
Min: 58.2   Med: 63.85   Max: 67.63
Current: 58.2

During the past 13 years, Marusan-Ai Co's highest Days Payable was 67.63. The lowest was 58.20. And the median was 63.85.

NGO:2551's Days Payable is ranked better than
63.97% of 1890 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs NGO:2551: 58.20

Marusan-Ai Co's Days Payable declined from Mar. 2025 (61.52) to Mar. 2026 (60.51). It may suggest that Marusan-Ai Co accelerated paying its suppliers.


Marusan-Ai Co Days Payable Historical Data

* Premium members only.

The historical data trend for Marusan-Ai 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.

Marusan-Ai Co Days Payable Chart

Marusan-Ai Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.20 60.49 63.77 64.67 63.92

Marusan-Ai Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 62.33 57.92 61.52 58.88 60.51

NGO:2551 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Marusan-Ai 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.


Marusan-Ai Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marusan-Ai Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Marusan-Ai Co's Days Payable falls into.


NGO:2551
47GF Score
Marusan-Ai Co Ltd NGO:2551
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marusan-Ai 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.

Marusan-Ai Co's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (4289.07 + 4240.686) / 2 ) / 24353.673*365
=4264.878 / 24353.673*365
=63.92

Marusan-Ai 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (4240.686 + 3544.855) / 2 ) / 11741.042*365 / 2
=3892.7705 / 11741.042*365 / 2
=60.51

* 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 60.51 mean?
Marusan-Ai Co (NGO:2551) has a Days Payable of 60.51 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 Marusan-Ai Co and its competitors. This is near median its historical median of 63.85. Over the past decade, Marusan-Ai Co's Days Payable has ranged from 58.20 to 67.63. According to the industry distribution chart, Marusan-Ai Co ranks #681 out of 1890 companies in the Consumer Packaged Goods industry, placing it in the top 36%.
Is Marusan-Ai Co's Days Payable too high?
Marusan-Ai Co's current Days Payable of 60.51 is near median its 10-year median of 63.85. Over the past 10 years, this metric has ranged from a low of 58.20 to a high of 67.63. The Consumer Packaged Goods industry median Days Payable is 44.15. Marusan-Ai Co's value of 60.51 is 37.1% above this industry median. Based on the distribution chart, Marusan-Ai Co ranks #681 out of 1890 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Marusan-Ai Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marusan-Ai Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Marusan-Ai Co ranks #681 out of 1890 companies for Days Payable. This puts Marusan-Ai Co in the upper half of its industry. The industry median Days Payable is 44.15. Marusan-Ai Co's value of 60.51 is 37.1% above this benchmark. Historically, Marusan-Ai Co's own Days Payable has ranged from 58.20 to 67.63 over the past decade. While the company's 10-year median is 63.85 vs. the industry median of 44.15, Marusan-Ai Co 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,890 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. Marusan-Ai Co's current Days Payable of 60.51 is 37.1% 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 Marusan-Ai Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marusan-Ai Co's current Days Payable is 60.51, which is near median its own 10-year median of 63.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marusan-Ai Co stock overvalued right now?
Based on GuruFocus' analysis, Marusan-Ai Co (NGO:2551) is currently considered Fairly Valued. The stock's GF Value™ is 円3,790.75, compared to a current price of 円3,555.00 — trading 6.2% below its estimated fair value. The current Days Payable is 60.51, which is near median its 10-year median of 63.85 and 37.1% above the Consumer Packaged Goods industry median of 44.15. Marusan-Ai Co's overall GF Score™ is 47/100 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 Marusan-Ai Co (NGO:2551), the current Days Payable is 60.51 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 Marusan-Ai Co (NGO:2551) Overvalued in 2026?

Based on GuruFocus' analysis, Marusan-Ai Co stock appears to be undervalued. The current stock price of 円3,555.00 is trading 6.2% below its estimated GF Value™ of 円3,790.75. GuruFocus considers Marusan-Ai Co to be Fairly Valued.

Key valuation signals for NGO:2551:

  • Days Payable: 60.51 (near median its 10-year median of 63.85)
  • GF Value™: 円3,790.75 vs. price of 円3,555.00 (6.2% below fair value)
  • GF Score™: 47/100 with 5 warning signs
  • Industry Position: 37.1% above the Consumer Packaged Goods median (#681 of 1890)

No single metric tells the full story. See the NGO:2551 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marusan-Ai Co Business Description

Address 1,Arasita, Aza, Nikki-cho, Aichi Prefecture, Okazaki, JPN, 444 2193
Marusan-Ai Co Ltd Manufacture and sale of groceries. It manufactures raw, instant, cooking miso, soy milk in sweetened, unsweetened, malt, strawberry, cocoa, & green tea flavors. It also offers green tea and acerola flavor drinks, soy milk base, seasonings base, soy sauce base, among others.
47GF Score

Get the complete analysis for NGO:2551

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

円3,555.00
Price
円3,790.75
GF Value