Hibiya Engineering (TSE:1982) Days Payable: 36.76 (As of Mar. 2026) — 60% Below Median

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TSE:1982 Hibiya Engineering Ltd TSE:1982
88 GF Score
Price 円2,847.00
GF Value 円2,052.74
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hibiya Engineering Days Payable?

Hibiya Engineering TSE:1982 +4.48% 88 Days Payable is 36.76 as of Mar. 2026, which is 60% below its 10-year median of 91.25. GuruFocus rates TSE:1982 with a GF Score™ of 88/100 and a GF Value™ of 円2,052.74 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,716 Construction companies, Hibiya Engineering ranks worse than 64.8% on this metric.

Hibiya Engineering's average Accounts Payable for the three months ended in Mar. 2026 was 円10,619 Mil. Hibiya Engineering's Cost of Goods Sold for the three months ended in Mar. 2026 was 円26,363 Mil. Hence, Hibiya Engineering's Days Payable for the three months ended in Mar. 2026 was 36.76.

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

TSE:1982' s Days Payable Range Over the Past 10 Years
Min: 56.87   Med: 91.25   Max: 127.96
Current: 56.87

During the past 13 years, Hibiya Engineering's highest Days Payable was 127.96. The lowest was 56.87. And the median was 91.25.

TSE:1982's Days Payable is ranked worse than
64.8% of 1716 companies
in the Construction industry
Industry Median: 76.55 vs TSE:1982: 56.87

Hibiya Engineering's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (36.76). It may suggest that Hibiya Engineering delayed paying its suppliers.


Hibiya Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for Hibiya Engineering'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.

Hibiya Engineering Days Payable Chart

Hibiya Engineering 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 79.23 81.61 90.62 80.81 67.76

Hibiya Engineering Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 77.17 53.20 62.55 36.76

TSE:1982 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Hibiya Engineering'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.


Hibiya Engineering Days Payable vs Construction Industry

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

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


TSE:1982
88GF Score
Hibiya Engineering Ltd TSE:1982
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hibiya Engineering 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.

Hibiya Engineering'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
=( (15841 + 11270) / 2 ) / 73022*365
=13555.5 / 73022*365
=67.76

Hibiya Engineering'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (9968 + 11270) / 2 ) / 26363*365 / 4
=10619 / 26363*365 / 4
=36.76

* 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 36.76 mean?
Hibiya Engineering (TSE:1982) has a Days Payable of 36.76 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 Hibiya Engineering and its competitors. This is 60% below median its historical median of 91.25. Over the past decade, Hibiya Engineering's Days Payable has ranged from 56.87 to 127.96. According to the industry distribution chart, Hibiya Engineering ranks #1112 out of 1716 companies in the Construction industry, placing it in the top 64.8%.
Is Hibiya Engineering's Days Payable too high?
Hibiya Engineering's current Days Payable of 36.76 is 60% below median its 10-year median of 91.25. Over the past 10 years, this metric has ranged from a low of 56.87 to a high of 127.96. The Construction industry median Days Payable is 76.55. Hibiya Engineering's value of 36.76 is 52% below this industry median. Based on the distribution chart, Hibiya Engineering ranks #1112 out of 1716 companies in the Construction industry, which is below the industry midpoint. Overall, Hibiya Engineering has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hibiya Engineering's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Hibiya Engineering ranks #1112 out of 1716 companies for Days Payable. This places Hibiya Engineering in the lower half of its industry. The industry median Days Payable is 76.55. Hibiya Engineering's value of 36.76 is 52% below this benchmark. Historically, Hibiya Engineering's own Days Payable has ranged from 56.87 to 127.96 over the past decade. While the company's 10-year median is 91.25 vs. the industry median of 76.55, Hibiya Engineering 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. Hibiya Engineering's current Days Payable of 36.76 is 52% 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 Hibiya Engineering 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. Hibiya Engineering's current Days Payable is 36.76, which is 60% below median its own 10-year median of 91.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hibiya Engineering stock overvalued right now?
Based on GuruFocus' analysis, Hibiya Engineering (TSE:1982) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,052.74, compared to a current price of 円2,847.00 — trading 38.7% above its estimated fair value. The current Days Payable is 36.76, which is 60% below median its 10-year median of 91.25 and 52% below the Construction industry median of 76.55. Hibiya Engineering's overall GF Score™ is 88/100 with 2 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 Hibiya Engineering (TSE:1982), the current Days Payable is 36.76 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 Hibiya Engineering (TSE:1982) Overvalued in 2026?

Based on GuruFocus' analysis, Hibiya Engineering stock appears to be overvalued. The current stock price of 円2,847.00 is trading 38.7% above its estimated GF Value™ of 円2,052.74. GuruFocus considers Hibiya Engineering to be Significantly Overvalued.

Key valuation signals for TSE:1982:

  • Days Payable: 36.76 (60% below median its 10-year median of 91.25)
  • GF Value™: 円2,052.74 vs. price of 円2,847.00 (38.7% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 52% below the Construction median (#1112 of 1716)

No single metric tells the full story. See the TSE:1982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hibiya Engineering Business Description

Address 3-5-27 Mita, Mita Twin Building West, Minato-ku, Tokyo, JPN, 108-6312
Hibiya Engineering Ltd is a construction company. The company's operating segment includes Construction; Equipment sales; and Equipment manufacturing. It generates maximum revenue from the Construction segment. The company activities include Installation of air conditioning equipment; Installation of electrical equipment, and information and communications equipment; Installation of plumbing facilities and other sanitary facilities; Building and public works design and construction; Manufacture and sale of construction and sanitary equipment and others.
88GF Score

Get the complete analysis for TSE:1982

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

円2,847.00
Price
円2,052.74
GF Value