Mitachi CoNGO:3321 70 Days Payable is 37.03 as of Feb. 2026, which is 6% above its 10-year median of 34.96. GuruFocus rates NGO:3321 with a GF Score™ of 70/100 and a GF Value™ of 円3,428.54 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,436 Hardware companies, Mitachi Co ranks worse than 82.59% on this metric.
Mitachi Co's average Accounts Payable for the
three
months ended in Feb. 2026 was 円11,538 Mil. Mitachi Co's Cost of Goods Sold for the
three
months ended in Feb. 2026 was 円28,428 Mil.
Hence, Mitachi Co's Days Payable for the
three
months ended in Feb. 2026 was 37.03.
The historical rank and industry rank for Mitachi Co's Days Payable or its related term are showing as below:
NGO:3321'
s Days Payable Range Over the Past 10 Years
Min: 25.57 Med: 34.96 Max: 41.46
Current: 34.6
During the past 13 years, Mitachi Co's highest Days Payable was 41.46. The lowest was 25.57. And the median was 34.96.
NGO:3321's Days Payable is ranked worse than 82.59% of 2436
companies
in the Hardware industry
Industry Median: 69.855
vs NGO:3321: 34.60
Mitachi Co's Days Payable
increased
from Feb. 2025 (34.48) to Feb. 2026 (37.03).
It may suggest that Mitachi Codelayed paying its suppliers.
Mitachi Co Days Payable Related Terms
Mitachi Co Days Payable Historical Data
* Premium members only.
The historical data trend for Mitachi 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.
For the Electronic Components subindustry, Mitachi 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.
Mitachi Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Mitachi Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Mitachi 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.
Mitachi Co's Days Payable for the fiscal year that ended in May. 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.
Mitachi Co (NGO:3321) has a Days Payable of 37.03 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 Mitachi Co and its competitors. This is near median its historical median of 34.96. Over the past decade, Mitachi Co's Days Payable has ranged from 25.57 to 41.46. According to the industry distribution chart, Mitachi Co ranks #2012 out of 2436 companies in the Hardware industry, placing it in the top 82.6%.
Is Mitachi Co's Days Payable too high?
Mitachi Co's current Days Payable of 37.03 is near median its 10-year median of 34.96. Over the past 10 years, this metric has ranged from a low of 25.57 to a high of 41.46. The Hardware industry median Days Payable is 69.86. Mitachi Co's value of 37.03 is 47% below this industry median. Based on the distribution chart, Mitachi Co ranks #2012 out of 2436 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Mitachi Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitachi Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Mitachi Co ranks #2012 out of 2436 companies for Days Payable. This places Mitachi Co in the lower half of its industry. The industry median Days Payable is 69.86. Mitachi Co's value of 37.03 is 47% below this benchmark. Historically, Mitachi Co's own Days Payable has ranged from 25.57 to 41.46 over the past decade. While the company's 10-year median is 34.96 vs. the industry median of 69.86, Mitachi 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 Hardware company?
The median Days Payable among Hardware companies is 69.86, based on 2,436 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. Mitachi Co's current Days Payable of 37.03 is 47% 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 Mitachi Co and its competitors. For the Hardware industry, the median Days Payable is 69.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitachi Co's current Days Payable is 37.03, which is near median its own 10-year median of 34.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitachi Co stock overvalued right now?
Based on GuruFocus' analysis, Mitachi Co (NGO:3321) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,428.54, compared to a current price of 円1,588.00 — trading 53.7% below its estimated fair value. The current Days Payable is 37.03, which is near median its 10-year median of 34.96 and 47% below the Hardware industry median of 69.86. Mitachi Co's overall GF Score™ is 70/100 with 2 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 Mitachi Co (NGO:3321), the current Days Payable is 37.03 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.
Is Mitachi Co (NGO:3321) Overvalued in 2026?
Based on GuruFocus' analysis, Mitachi Co stock appears to be undervalued.
The current stock price of 円1,588.00 is trading 53.7% below its estimated GF Value™ of 円3,428.54.
GuruFocus considers Mitachi Co to be Significantly Undervalued.
Key valuation signals for NGO:3321:
Days Payable: 37.03 (near median its 10-year median of 34.96)
GF Value™: 円3,428.54 vs. price of 円1,588.00 (53.7% below fair value)
Industry Position: 47% below the Hardware median (#2012 of 2436)
No single metric tells the full story. See the NGO:3321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.
70GF Score
Get the complete analysis for NGO:3321
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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