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MiyoshiSGX:M03 Days Payable is 123.12 as of Feb. 2026, which is 30% above its 10-year median of 94.96. The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, Miyoshi ranks better than 79.19% on this metric.
Miyoshi's average Accounts Payable for the
six
months ended in Feb. 2026 was S$5.83 Mil. Miyoshi's Cost of Goods Sold for the
six
months ended in Feb. 2026 was S$8.65 Mil.
Hence, Miyoshi's Days Payable for the
six
months ended in Feb. 2026 was 123.12.
The historical rank and industry rank for Miyoshi's Days Payable or its related term are showing as below:
SGX:M03'
s Days Payable Range Over the Past 10 Years
Min: 77.17 Med: 94.96 Max: 164.8
Current: 164.8
During the past 13 years, Miyoshi's highest Days Payable was 164.80. The lowest was 77.17. And the median was 94.96.
SGX:M03's Days Payable is ranked better than 79.19% of 2994
companies
in the Industrial Products industry
Industry Median: 78.065
vs SGX:M03: 164.80
Miyoshi's Days Payable
declined
from Feb. 2025 (166.02) to Feb. 2026 (123.12).
It may suggest that Miyoshiaccelerated paying its suppliers.
The historical data trend for Miyoshi'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 Metal Fabrication subindustry, Miyoshi'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.
Miyoshi Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Miyoshi's Days Payable distribution charts can be found below:
* The bar in red indicates where Miyoshi'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.
Miyoshi's Days Payable for the fiscal year that ended in Aug. 2025 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.
Miyoshi (SGX:M03) has a Days Payable of 123.12 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 Miyoshi and its competitors. This is 30% above median its historical median of 94.96. Over the past decade, Miyoshi's Days Payable has ranged from 77.17 to 164.80. According to the industry distribution chart, Miyoshi ranks #623 out of 2994 companies in the Industrial Products industry, placing it in the top 20.8%.
Is Miyoshi's Days Payable too high?
Miyoshi's current Days Payable of 123.12 is 30% above median its 10-year median of 94.96. Over the past 10 years, this metric has ranged from a low of 77.17 to a high of 164.80. The Industrial Products industry median Days Payable is 78.07. Miyoshi's value of 123.12 is 57.7% above this industry median. Based on the distribution chart, Miyoshi ranks #623 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Miyoshi's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Miyoshi ranks #623 out of 2994 companies for Days Payable. This places Miyoshi in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.07. Miyoshi's value of 123.12 is 57.7% above this benchmark. Historically, Miyoshi's own Days Payable has ranged from 77.17 to 164.80 over the past decade. While the company's 10-year median is 94.96 vs. the industry median of 78.07, Miyoshi 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,994 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. Miyoshi's current Days Payable of 123.12 is 57.7% 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 Miyoshi and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miyoshi's current Days Payable is 123.12, which is 30% above median its own 10-year median of 94.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miyoshi stock overvalued right now?
Miyoshi (SGX:M03) has a current Days Payable of 123.12. The current Days Payable is 123.12, which is 30% above median its 10-year median of 94.96 and 57.7% above the Industrial Products industry median of 78.07. 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 Miyoshi (SGX:M03), the current Days Payable is 123.12 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.
Miyoshi Ltd is employed in designing and manufacturing mould and precision pressed parts and trading in related products and trading commodities. It operates in four segments. The Data Storage segment is engaged in the manufacture of metal semi-finished components for hard disk drives and removable storage devices, The Consumer Electronics segment is engaged in the manufacture of metal semi-finished components for photocopiers, scanners, and printers, The Automotive segment is engaged in the manufacture of finished products of light electric vehicles and semi-finished metal components and The Other segment includes commodities trading and rental income arising from investment properties.
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