Maruichi Co (NGO:8228) Days Payable: 34.80 (As of Mar. 2026) — Near Median


NGO:8228 Maruichi Co Ltd NGO:8228
65 GF Score
Price 円1,122.00
GF Value 円1,485.08
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Maruichi Co Days Payable?

Maruichi Co NGO:8228 +0.27% 65 Days Payable is 34.80 as of Mar. 2026, which is 9% below its 10-year median of 38.12. GuruFocus rates NGO:8228 with a GF Score™ of 65/100 and a GF Value™ of 円1,485.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 304 Retail - Defensive companies, Maruichi Co ranks worse than 60.2% on this metric.

Maruichi Co's average Accounts Payable for the six months ended in Mar. 2026 was 円26,281 Mil. Maruichi Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円137,837 Mil. Hence, Maruichi Co's Days Payable for the six months ended in Mar. 2026 was 34.80.

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

NGO:8228' s Days Payable Range Over the Past 10 Years
Min: 19.38   Med: 38.12   Max: 48.15
Current: 34.95

During the past 13 years, Maruichi Co's highest Days Payable was 48.15. The lowest was 19.38. And the median was 38.12.

NGO:8228's Days Payable is ranked worse than
60.2% of 304 companies
in the Retail - Defensive industry
Industry Median: 43.26 vs NGO:8228: 34.95

Maruichi Co's Days Payable increased from Mar. 2025 (33.97) to Mar. 2026 (34.80). It may suggest that Maruichi Co delayed paying its suppliers.


Maruichi Co Days Payable Historical Data

* Premium members only.

The historical data trend for Maruichi 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.

Maruichi Co Days Payable Chart

Maruichi Co 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 36.04 36.17 41.99 41.76 34.76

Maruichi 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 48.70 42.23 33.97 35.30 34.80

NGO:8228 vs SYY, USFD, PFGC: Days Payable Comparison

For the Food Distribution subindustry, Maruichi 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.


Maruichi Co Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Maruichi Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Maruichi Co's Days Payable falls into.


NGO:8228
65GF Score
Maruichi Co Ltd NGO:8228
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruichi 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.

Maruichi Co'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
=( (25359 + 26311) / 2 ) / 271262*365
=25835 / 271262*365
=34.76

Maruichi 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
=( (26251 + 26311) / 2 ) / 137837*365 / 2
=26281 / 137837*365 / 2
=34.80

* 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 34.80 mean?
Maruichi Co (NGO:8228) has a Days Payable of 34.80 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 Maruichi Co and its competitors. This is near median its historical median of 38.12. Over the past decade, Maruichi Co's Days Payable has ranged from 19.38 to 48.15. According to the industry distribution chart, Maruichi Co ranks #183 out of 304 companies in the Retail - Defensive industry, placing it in the top 60.2%.
Is Maruichi Co's Days Payable too high?
Maruichi Co's current Days Payable of 34.80 is near median its 10-year median of 38.12. Over the past 10 years, this metric has ranged from a low of 19.38 to a high of 48.15. The Retail - Defensive industry median Days Payable is 43.26. Maruichi Co's value of 34.80 is 19.6% below this industry median. Based on the distribution chart, Maruichi Co ranks #183 out of 304 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Maruichi Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruichi Co's Days Payable compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Maruichi Co ranks #183 out of 304 companies for Days Payable. This places Maruichi Co in the lower half of its industry. The industry median Days Payable is 43.26. Maruichi Co's value of 34.80 is 19.6% below this benchmark. Historically, Maruichi Co's own Days Payable has ranged from 19.38 to 48.15 over the past decade. While the company's 10-year median is 38.12 vs. the industry median of 43.26, Maruichi 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.26, based on 304 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. Maruichi Co's current Days Payable of 34.80 is 19.6% 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 Maruichi Co and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruichi Co's current Days Payable is 34.80, which is near median its own 10-year median of 38.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruichi Co stock overvalued right now?
Based on GuruFocus' analysis, Maruichi Co (NGO:8228) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,485.08, compared to a current price of 円1,122.00 — trading 24.4% below its estimated fair value. The current Days Payable is 34.80, which is near median its 10-year median of 38.12 and 19.6% below the Retail - Defensive industry median of 43.26. Maruichi Co's overall GF Score™ is 65/100 with 3 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 Maruichi Co (NGO:8228), the current Days Payable is 34.80 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 Maruichi Co (NGO:8228) Overvalued in 2026?

Based on GuruFocus' analysis, Maruichi Co stock appears to be undervalued. The current stock price of 円1,122.00 is trading 24.4% below its estimated GF Value™ of 円1,485.08. GuruFocus considers Maruichi Co to be Modestly Undervalued.

Key valuation signals for NGO:8228:

  • Days Payable: 34.80 (near median its 10-year median of 38.12)
  • GF Value™: 円1,485.08 vs. price of 円1,122.00 (24.4% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 19.6% below the Retail - Defensive median (#183 of 304)

No single metric tells the full story. See the NGO:8228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruichi Co Business Description

Address 3-38 Nagano City Market, Nagano, JPN, 381-2281
Maruichi Co Ltd is engaged in the wholesale business of fishery products, dairy foods, and frozen foods, general dry foods, processed foods, livestock products, and processed livestock products, retail store support business, among others. The company has four reportable segments: "Fishery Business", "General Food Business", and "Livestock Business", which are segments by product and service based on business divisions, and "Marusui Nagano Kensui Group", which is a segment by operating company. The company generates the majority of its revenue from Fishery Business segment, which is engaged in seafood, processed seafood products, daily necessities, and frozen foods, and manufactures processed seafood products.
65GF Score

Get the complete analysis for NGO:8228

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

円1,122.00
Price
円1,485.08
GF Value