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Maruhachi Holdings CoNGO:3504 +1.80%61 Days Payable is 23.28 as of Mar. 2026, which is 15% below its 10-year median of 27.41. GuruFocus rates NGO:3504 with a GF Score™ of 61/100 and a GF Value™ of 円907.65 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Maruhachi Holdings Co ranks worse than 91.35% on this metric.
The historical rank and industry rank for Maruhachi Holdings Co's Days Payable or its related term are showing as below:
NGO:3504'
s Days Payable Range Over the Past 10 Years
Min: 22.75 Med: 27.41 Max: 40.03
Current: 25.1
During the past 12 years, Maruhachi Holdings Co's highest Days Payable was 40.03. The lowest was 22.75. And the median was 27.41.
NGO:3504's Days Payable is ranked worse than 91.35% of 416
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.855
vs NGO:3504: 25.10
Maruhachi Holdings Co Days Payable Historical Data
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The historical data trend for Maruhachi Holdings 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 Furnishings, Fixtures & Appliances subindustry, Maruhachi Holdings 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.
Maruhachi Holdings Co Days Payable vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Maruhachi Holdings Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Maruhachi Holdings 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.
Maruhachi Holdings Co's Days Payable for the fiscal year that ended in Mar. 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.
Maruhachi Holdings Co (NGO:3504) has a Days Payable of 23.28 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 Maruhachi Holdings Co and its competitors. This is 15% below median its historical median of 27.41. Over the past decade, Maruhachi Holdings Co's Days Payable has ranged from 22.75 to 40.03. According to the industry distribution chart, Maruhachi Holdings Co ranks #380 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 91.3%.
Is Maruhachi Holdings Co's Days Payable too high?
Maruhachi Holdings Co's current Days Payable of 23.28 is 15% below median its 10-year median of 27.41. Over the past 10 years, this metric has ranged from a low of 22.75 to a high of 40.03. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.86. Maruhachi Holdings Co's value of 23.28 is 63.5% below this industry median. Based on the distribution chart, Maruhachi Holdings Co ranks #380 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Maruhachi Holdings Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Holdings Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Maruhachi Holdings Co ranks #380 out of 416 companies for Days Payable. This places Maruhachi Holdings Co in the lower half of its industry. The industry median Days Payable is 63.86. Maruhachi Holdings Co's value of 23.28 is 63.5% below this benchmark. Historically, Maruhachi Holdings Co's own Days Payable has ranged from 22.75 to 40.03 over the past decade. While the company's 10-year median is 27.41 vs. the industry median of 63.86, Maruhachi Holdings 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.86, based on 416 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. Maruhachi Holdings Co's current Days Payable of 23.28 is 63.5% 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 Maruhachi Holdings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruhachi Holdings Co's current Days Payable is 23.28, which is 15% below median its own 10-year median of 27.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Holdings Co (NGO:3504) is currently considered Significantly Overvalued. The stock's GF Value™ is 円907.65, compared to a current price of 円1,358.00 — trading 49.6% above its estimated fair value. The current Days Payable is 23.28, which is 15% below median its 10-year median of 27.41 and 63.5% below the Furnishings, Fixtures & Appliances industry median of 63.86. Maruhachi Holdings Co's overall GF Score™ is 61/100 with 7 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 Maruhachi Holdings Co (NGO:3504), the current Days Payable is 23.28 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 Maruhachi Holdings Co (NGO:3504) Overvalued in 2026?
Based on GuruFocus' analysis, Maruhachi Holdings Co stock appears to be overvalued.
The current stock price of 円1,358.00 is trading 49.6% above its estimated GF Value™ of 円907.65.
GuruFocus considers Maruhachi Holdings Co to be Significantly Overvalued.
Key valuation signals for NGO:3504:
Days Payable: 23.28 (15% below median its 10-year median of 27.41)
GF Value™: 円907.65 vs. price of 円1,358.00 (49.6% above fair value)
Industry Position: 63.5% below the Furnishings, Fixtures & Appliances median (#380 of 416)
No single metric tells the full story. See the NGO:3504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruhachi Holdings Co Ltd manufactures and sells bedding products including bedding feathers, wool bedding, & fur bedding; and also offers curtains. It is also engaged in real estate leasing business.
61GF Score
Get the complete analysis for NGO:3504
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