Moriya (TSE:1798) Days Payable: 58.10 (As of Mar. 2026) — 44% Below Median

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TSE:1798 Moriya Corp TSE:1798
75 GF Score
Price 円1,170.00
GF Value 円881.06
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Moriya Days Payable?

Moriya TSE:1798 +0.52% 75 Days Payable is 58.10 as of Mar. 2026, which is 44% below its 10-year median of 104.10. GuruFocus rates TSE:1798 with a GF Score™ of 75/100 and a GF Value™ of 円881.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,713 Construction companies, Moriya ranks worse than 60.19% on this metric.

Moriya's average Accounts Payable for the six months ended in Mar. 2026 was 円6,993 Mil. Moriya's Cost of Goods Sold for the six months ended in Mar. 2026 was 円21,964 Mil. Hence, Moriya's Days Payable for the six months ended in Mar. 2026 was 58.10.

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

TSE:1798' s Days Payable Range Over the Past 10 Years
Min: 61.66   Med: 104.1   Max: 116.18
Current: 61.66

During the past 13 years, Moriya's highest Days Payable was 116.18. The lowest was 61.66. And the median was 104.10.

TSE:1798's Days Payable is ranked worse than
60.19% of 1713 companies
in the Construction industry
Industry Median: 76.49 vs TSE:1798: 61.66

Moriya's Days Payable declined from Mar. 2025 (63.17) to Mar. 2026 (58.10). It may suggest that Moriya accelerated paying its suppliers.


Moriya Days Payable Historical Data

* Premium members only.

The historical data trend for Moriya'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.

Moriya Days Payable Chart

Moriya 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 100.44 113.82 94.71 63.34 63.13

Moriya 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 62.37 78.80 63.17 63.74 58.10

TSE:1798 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Moriya'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.


Moriya Days Payable vs Construction Industry

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

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


TSE:1798
75GF Score
Moriya Corp TSE:1798
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Moriya 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.

Moriya'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
=( (8295.689 + 6913.476) / 2 ) / 43966.287*365
=7604.5825 / 43966.287*365
=63.13

Moriya'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
=( (7072.288 + 6913.476) / 2 ) / 21964.327*365 / 2
=6992.882 / 21964.327*365 / 2
=58.10

* 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 58.10 mean?
Moriya (TSE:1798) has a Days Payable of 58.10 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 Moriya and its competitors. This is 44% below median its historical median of 104.10. Over the past decade, Moriya's Days Payable has ranged from 61.66 to 116.18. According to the industry distribution chart, Moriya ranks #1031 out of 1713 companies in the Construction industry, placing it in the top 60.2%.
Is Moriya's Days Payable too high?
Moriya's current Days Payable of 58.10 is 44% below median its 10-year median of 104.10. Over the past 10 years, this metric has ranged from a low of 61.66 to a high of 116.18. The Construction industry median Days Payable is 76.49. Moriya's value of 58.10 is 24% below this industry median. Based on the distribution chart, Moriya ranks #1031 out of 1713 companies in the Construction industry, which is below the industry midpoint. Overall, Moriya has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Moriya's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Moriya ranks #1031 out of 1713 companies for Days Payable. This places Moriya in the lower half of its industry. The industry median Days Payable is 76.49. Moriya's value of 58.10 is 24% below this benchmark. Historically, Moriya's own Days Payable has ranged from 61.66 to 116.18 over the past decade. While the company's 10-year median is 104.10 vs. the industry median of 76.49, Moriya 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. Moriya's current Days Payable of 58.10 is 24% 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 Moriya 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. Moriya's current Days Payable is 58.10, which is 44% below median its own 10-year median of 104.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moriya stock overvalued right now?
Based on GuruFocus' analysis, Moriya (TSE:1798) is currently considered Significantly Overvalued. The stock's GF Value™ is 円881.06, compared to a current price of 円1,170.00 — trading 32.8% above its estimated fair value. The current Days Payable is 58.10, which is 44% below median its 10-year median of 104.10 and 24% below the Construction industry median of 76.49. Moriya's overall GF Score™ is 75/100 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 Moriya (TSE:1798), the current Days Payable is 58.10 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 Moriya (TSE:1798) Overvalued in 2026?

Based on GuruFocus' analysis, Moriya stock appears to be overvalued. The current stock price of 円1,170.00 is trading 32.8% above its estimated GF Value™ of 円881.06. GuruFocus considers Moriya to be Significantly Overvalued.

Key valuation signals for TSE:1798:

  • Days Payable: 58.10 (44% below median its 10-year median of 104.10)
  • GF Value™: 円881.06 vs. price of 円1,170.00 (32.8% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 24% below the Construction median (#1031 of 1713)

No single metric tells the full story. See the TSE:1798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Moriya Business Description

Address 878 Minamichitosemachi, Nagano, JPN, 380-8533
Moriya Corp is a general contractor based in Nagano. It constructs commercial, institutional, and residential buildings such as sports facilities, schools, and apartments; as well as civil projects, such as dams, roads, tunnels, and bridges.
75GF Score

Get the complete analysis for TSE:1798

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

円1,170.00
Price
円881.06
GF Value