Mori-Gumi Co (TSE:1853) Days Payable: 70.48 (As of Mar. 2026) — 14% Below Median


TSE:1853 Mori-Gumi Co Ltd TSE:1853
67 GF Score
Price 円326.00
GF Value 円329.44
Valuation Fairly Valued
! 3 Warning Signs
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What is Mori-Gumi Co Days Payable?

Mori-Gumi Co TSE:1853 +0.31% 67 Days Payable is 70.48 as of Mar. 2026, which is 14% below its 10-year median of 81.59. GuruFocus rates TSE:1853 with a GF Score™ of 67/100 and a GF Value™ of 円329.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,712 Construction companies, Mori-Gumi Co ranks worse than 52.16% on this metric.

Mori-Gumi Co's average Accounts Payable for the six months ended in Mar. 2026 was 円4,932 Mil. Mori-Gumi Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円12,769 Mil. Hence, Mori-Gumi Co's Days Payable for the six months ended in Mar. 2026 was 70.48.

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

TSE:1853' s Days Payable Range Over the Past 10 Years
Min: 28.47   Med: 81.59   Max: 148.57
Current: 72.81

During the past 13 years, Mori-Gumi Co's highest Days Payable was 148.57. The lowest was 28.47. And the median was 81.59.

TSE:1853's Days Payable is ranked worse than
52.16% of 1712 companies
in the Construction industry
Industry Median: 76.635 vs TSE:1853: 72.81

Mori-Gumi Co's Days Payable declined from Mar. 2025 (78.14) to Mar. 2026 (70.48). It may suggest that Mori-Gumi Co accelerated paying its suppliers.


Mori-Gumi Co Days Payable Historical Data

* Premium members only.

The historical data trend for Mori-Gumi 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.

Mori-Gumi Co Days Payable Chart

Mori-Gumi 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 87.84 84.82 73.80 71.88 74.69

Mori-Gumi 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 70.01 70.80 78.14 73.32 70.48

TSE:1853 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Mori-Gumi 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.


Mori-Gumi Co Days Payable vs Construction Industry

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

* The bar in red indicates where Mori-Gumi Co's Days Payable falls into.


TSE:1853
67GF Score
Mori-Gumi Co Ltd TSE:1853
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mori-Gumi 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.

Mori-Gumi 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
=( (5154 + 5115) / 2 ) / 25092*365
=5134.5 / 25092*365
=74.69

Mori-Gumi 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
=( (4748 + 5115) / 2 ) / 12769*365 / 2
=4931.5 / 12769*365 / 2
=70.48

* 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 70.48 mean?
Mori-Gumi Co (TSE:1853) has a Days Payable of 70.48 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 Mori-Gumi Co and its competitors. This is 14% below median its historical median of 81.59. Over the past decade, Mori-Gumi Co's Days Payable has ranged from 28.47 to 148.57. According to the industry distribution chart, Mori-Gumi Co ranks #893 out of 1712 companies in the Construction industry, placing it in the top 52.2%.
Is Mori-Gumi Co's Days Payable too high?
Mori-Gumi Co's current Days Payable of 70.48 is 14% below median its 10-year median of 81.59. Over the past 10 years, this metric has ranged from a low of 28.47 to a high of 148.57. The Construction industry median Days Payable is 76.64. Mori-Gumi Co's value of 70.48 is 8% below this industry median. Based on the distribution chart, Mori-Gumi Co ranks #893 out of 1712 companies in the Construction industry, which is below the industry midpoint. Overall, Mori-Gumi Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mori-Gumi Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Mori-Gumi Co ranks #893 out of 1712 companies for Days Payable. This places Mori-Gumi Co in the lower half of its industry. The industry median Days Payable is 76.64. Mori-Gumi Co's value of 70.48 is 8% below this benchmark. Historically, Mori-Gumi Co's own Days Payable has ranged from 28.47 to 148.57 over the past decade. While the company's 10-year median is 81.59 vs. the industry median of 76.64, Mori-Gumi 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 76.64, based on 1,712 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. Mori-Gumi Co's current Days Payable of 70.48 is 8% 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 Mori-Gumi Co and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mori-Gumi Co's current Days Payable is 70.48, which is 14% below median its own 10-year median of 81.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori-Gumi Co stock overvalued right now?
Based on GuruFocus' analysis, Mori-Gumi Co (TSE:1853) is currently considered Fairly Valued. The stock's GF Value™ is 円329.44, compared to a current price of 円326.00 — trading 1% below its estimated fair value. The current Days Payable is 70.48, which is 14% below median its 10-year median of 81.59 and 8% below the Construction industry median of 76.64. Mori-Gumi Co's overall GF Score™ is 67/100 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 Mori-Gumi Co (TSE:1853), the current Days Payable is 70.48 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 Mori-Gumi Co (TSE:1853) Overvalued in 2026?

Based on GuruFocus' analysis, Mori-Gumi Co stock appears to be undervalued. The current stock price of 円326.00 is trading 1% below its estimated GF Value™ of 円329.44. GuruFocus considers Mori-Gumi Co to be Fairly Valued.

Key valuation signals for TSE:1853:

  • Days Payable: 70.48 (14% below median its 10-year median of 81.59)
  • GF Value™: 円329.44 vs. price of 円326.00 (1% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 8% below the Construction median (#893 of 1712)

No single metric tells the full story. See the TSE:1853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mori-Gumi Co Business Description

Address 4-5-17 Doshomachi, Chuo Ward, Osaka, JPN, 541-0045
Mori-Gumi Co Ltd operates in three divisions - Construction business, which is engaged in civil engineering, architecture, and other general construction work-related businesses; Crushed stone division, which is engaged in the manufacture and sale of crushed stone, crushed sand, etc., and brokerage of transactions.; and Real estate division is engaged in the development, purchase and sale, exchange, and rental of real estate, as well as the agency and brokerage of these businesses.
67GF Score

Get the complete analysis for TSE:1853

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

円326.00
Price
円329.44
GF Value