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MEISEI INDUSTRIAL CoTSE:1976 -0.59%76 Days Payable is 39.02 as of Mar. 2026, which is 30% below its 10-year median of 55.84. GuruFocus rates TSE:1976 with a GF Score™ of 76/100 and a GF Value™ of 円1,356.42 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,716 Construction companies, MEISEI INDUSTRIAL Co ranks worse than 73.54% on this metric.
The historical rank and industry rank for MEISEI INDUSTRIAL Co's Days Payable or its related term are showing as below:
TSE:1976'
s Days Payable Range Over the Past 10 Years
Min: 47.08 Med: 55.84 Max: 61.04
Current: 47.08
During the past 13 years, MEISEI INDUSTRIAL Co's highest Days Payable was 61.04. The lowest was 47.08. And the median was 55.84.
TSE:1976's Days Payable is ranked worse than 73.54% of 1716
companies
in the Construction industry
Industry Median: 76.55
vs TSE:1976: 47.08
MEISEI INDUSTRIAL Co's Days Payable
declined
from Mar. 2025 (55.09) to Mar. 2026 (39.02).
It may suggest that MEISEI INDUSTRIAL Coaccelerated paying its suppliers.
MEISEI INDUSTRIAL Co Days Payable Related Terms
MEISEI INDUSTRIAL Co Days Payable Historical Data
* Premium members only.
The historical data trend for MEISEI INDUSTRIAL 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.
TSE:1976 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, MEISEI INDUSTRIAL 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.
MEISEI INDUSTRIAL Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, MEISEI INDUSTRIAL Co's Days Payable distribution charts can be found below:
* The bar in red indicates where MEISEI INDUSTRIAL Co'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.
MEISEI INDUSTRIAL Co's Days Payable for the fiscal year that ended in Mar. 2026 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.
MEISEI INDUSTRIAL Co (TSE:1976) has a Days Payable of 39.02 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 MEISEI INDUSTRIAL Co and its competitors. This is 30% below median its historical median of 55.84. Over the past decade, MEISEI INDUSTRIAL Co's Days Payable has ranged from 47.08 to 61.04. According to the industry distribution chart, MEISEI INDUSTRIAL Co ranks #1262 out of 1716 companies in the Construction industry, placing it in the top 73.5%.
Is MEISEI INDUSTRIAL Co's Days Payable too high?
MEISEI INDUSTRIAL Co's current Days Payable of 39.02 is 30% below median its 10-year median of 55.84. Over the past 10 years, this metric has ranged from a low of 47.08 to a high of 61.04. The Construction industry median Days Payable is 76.55. MEISEI INDUSTRIAL Co's value of 39.02 is 49% below this industry median. Based on the distribution chart, MEISEI INDUSTRIAL Co ranks #1262 out of 1716 companies in the Construction industry, which is below the industry midpoint. Overall, MEISEI INDUSTRIAL Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MEISEI INDUSTRIAL Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, MEISEI INDUSTRIAL Co ranks #1262 out of 1716 companies for Days Payable. This places MEISEI INDUSTRIAL Co in the lower half of its industry. The industry median Days Payable is 76.55. MEISEI INDUSTRIAL Co's value of 39.02 is 49% below this benchmark. Historically, MEISEI INDUSTRIAL Co's own Days Payable has ranged from 47.08 to 61.04 over the past decade. While the company's 10-year median is 55.84 vs. the industry median of 76.55, MEISEI INDUSTRIAL 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 76.55, based on 1,716 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. MEISEI INDUSTRIAL Co's current Days Payable of 39.02 is 49% 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 MEISEI INDUSTRIAL Co and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEISEI INDUSTRIAL Co's current Days Payable is 39.02, which is 30% below median its own 10-year median of 55.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEISEI INDUSTRIAL Co stock overvalued right now?
Based on GuruFocus' analysis, MEISEI INDUSTRIAL Co (TSE:1976) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,356.42, compared to a current price of 円1,850.00 — trading 36.4% above its estimated fair value. The current Days Payable is 39.02, which is 30% below median its 10-year median of 55.84 and 49% below the Construction industry median of 76.55. MEISEI INDUSTRIAL Co's overall GF Score™ is 76/100 with 4 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 MEISEI INDUSTRIAL Co (TSE:1976), the current Days Payable is 39.02 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 MEISEI INDUSTRIAL Co (TSE:1976) Overvalued in 2026?
Based on GuruFocus' analysis, MEISEI INDUSTRIAL Co stock appears to be overvalued.
The current stock price of 円1,850.00 is trading 36.4% above its estimated GF Value™ of 円1,356.42.
GuruFocus considers MEISEI INDUSTRIAL Co to be Significantly Overvalued.
Key valuation signals for TSE:1976:
Days Payable: 39.02 (30% below median its 10-year median of 55.84)
GF Value™: 円1,356.42 vs. price of 円1,850.00 (36.4% above fair value)
Industry Position: 49% below the Construction median (#1262 of 1716)
No single metric tells the full story. See the TSE:1976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEISEI INDUSTRIAL Co Ltd is principally engaged in the construction works business. The company operates through two segments namely Construction and Boiler. Its Construction segment is involved in manufacturing, sale, and operations related to insulation work, interior decorating and other related activities. The Boiler segment comprises of installation operation related to boiler facilities and industrial machinery. Its geographical area of operations includes Japan, Asia, and other countries.
76GF Score
Get the complete analysis for TSE:1976
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