Hokkai Electrical Construction Co (SSE:1832) Days Payable: 29.34 (As of Mar. 2026) — 28% Below Median

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SSE:1832 Hokkai Electrical Construction Co Inc SSE:1832
68 GF Score
Price 円1,371.00
GF Value 円979.30
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Hokkai Electrical Construction Co Days Payable?

Hokkai Electrical Construction Co SSE:1832 +1.18% 68 Days Payable is 29.34 as of Mar. 2026, which is 28% below its 10-year median of 40.86. GuruFocus rates SSE:1832 with a GF Score™ of 68/100 and a GF Value™ of 円979.30 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,713 Construction companies, Hokkai Electrical Construction Co ranks worse than 85.11% on this metric.

Hokkai Electrical Construction Co's average Accounts Payable for the six months ended in Mar. 2026 was 円6,060 Mil. Hokkai Electrical Construction Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円37,692 Mil. Hence, Hokkai Electrical Construction Co's Days Payable for the six months ended in Mar. 2026 was 29.34.

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

SSE:1832' s Days Payable Range Over the Past 10 Years
Min: 32.97   Med: 40.86   Max: 47.3
Current: 35.66

During the past 13 years, Hokkai Electrical Construction Co's highest Days Payable was 47.30. The lowest was 32.97. And the median was 40.86.

SSE:1832's Days Payable is ranked worse than
85.11% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs SSE:1832: 35.66

Hokkai Electrical Construction Co's Days Payable increased from Mar. 2025 (28.43) to Mar. 2026 (29.34). It may suggest that Hokkai Electrical Construction Co delayed paying its suppliers.


Hokkai Electrical Construction Co Days Payable Related Terms


Hokkai Electrical Construction Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hokkai Electrical Construction 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.

Hokkai Electrical Construction Co Days Payable Chart

Hokkai Electrical Construction 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 37.88 32.97 41.30 38.26 40.41

Hokkai Electrical Construction 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 27.91 41.59 28.43 38.83 29.34

SSE:1832 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Hokkai Electrical Construction 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.


Hokkai Electrical Construction Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Hokkai Electrical Construction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hokkai Electrical Construction Co's Days Payable falls into.


SSE:1832
68GF Score
Hokkai Electrical Construction Co Inc SSE:1832
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkai Electrical Construction 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.

Hokkai Electrical Construction 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
=( (6799 + 7491) / 2 ) / 64543*365
=7145 / 64543*365
=40.41

Hokkai Electrical Construction 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
=( (4628 + 7491) / 2 ) / 37692*365 / 2
=6059.5 / 37692*365 / 2
=29.34

* 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 29.34 mean?
Hokkai Electrical Construction Co (SSE:1832) has a Days Payable of 29.34 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 Hokkai Electrical Construction Co and its competitors. This is 28% below median its historical median of 40.86. Over the past decade, Hokkai Electrical Construction Co's Days Payable has ranged from 32.97 to 47.30. According to the industry distribution chart, Hokkai Electrical Construction Co ranks #1458 out of 1713 companies in the Construction industry, placing it in the top 85.1%.
Is Hokkai Electrical Construction Co's Days Payable too high?
Hokkai Electrical Construction Co's current Days Payable of 29.34 is 28% below median its 10-year median of 40.86. Over the past 10 years, this metric has ranged from a low of 32.97 to a high of 47.30. The Construction industry median Days Payable is 76.49. Hokkai Electrical Construction Co's value of 29.34 is 61.6% below this industry median. Based on the distribution chart, Hokkai Electrical Construction Co ranks #1458 out of 1713 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Hokkai Electrical Construction Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkai Electrical Construction Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Hokkai Electrical Construction Co ranks #1458 out of 1713 companies for Days Payable. This places Hokkai Electrical Construction Co in the lower half of its industry. The industry median Days Payable is 76.49. Hokkai Electrical Construction Co's value of 29.34 is 61.6% below this benchmark. Historically, Hokkai Electrical Construction Co's own Days Payable has ranged from 32.97 to 47.30 over the past decade. While the company's 10-year median is 40.86 vs. the industry median of 76.49, Hokkai Electrical Construction 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 Construction company?
The median Days Payable among Construction companies is 76.49, based on 1,713 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. Hokkai Electrical Construction Co's current Days Payable of 29.34 is 61.6% 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 Hokkai Electrical Construction Co and its competitors. For the Construction industry, the median Days Payable is 76.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkai Electrical Construction Co's current Days Payable is 29.34, which is 28% below median its own 10-year median of 40.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkai Electrical Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkai Electrical Construction Co (SSE:1832) is currently considered Significantly Overvalued. The stock's GF Value™ is 円979.30, compared to a current price of 円1,371.00 — trading 40% above its estimated fair value. The current Days Payable is 29.34, which is 28% below median its 10-year median of 40.86 and 61.6% below the Construction industry median of 76.49. Hokkai Electrical Construction Co's overall GF Score™ is 68/100 with 1 warning sign 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 Hokkai Electrical Construction Co (SSE:1832), the current Days Payable is 29.34 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 Hokkai Electrical Construction Co (SSE:1832) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkai Electrical Construction Co stock appears to be overvalued. The current stock price of 円1,371.00 is trading 40% above its estimated GF Value™ of 円979.30. GuruFocus considers Hokkai Electrical Construction Co to be Significantly Overvalued.

Key valuation signals for SSE:1832:

  • Days Payable: 29.34 (28% below median its 10-year median of 40.86)
  • GF Value™: 円979.30 vs. price of 円1,371.00 (40% above fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 61.6% below the Construction median (#1458 of 1713)

No single metric tells the full story. See the SSE:1832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkai Electrical Construction Co Business Description

Address No. 8 No. 21 1-chome, Sapporo Shiroishi-ku, Kikusui Article 2, Sapporo, JPN, 003-8531
Hokkai Electrical Construction Co Inc manufactures electrical equipment and mechanical equipment. The company also manufactures power generation equipment such as photovoltaic power generation and wind power generation, interconnection equipment of low pressure, high pressure, special high pressure for interconnecting to the electric power system, and system requirement equipment such as storage battery installation. The company provides power distribution facility and telecommunications network facility.
68GF Score

Get the complete analysis for SSE:1832

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

円1,371.00
Price
円979.30
GF Value