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Morinaga Milk Industry CoTSE:2264 -0.32%70 Days Payable is 51.31 as of Mar. 2026, which is 7% above its 10-year median of 48.04. GuruFocus rates TSE:2264 with a GF Score™ of 70/100 and a GF Value™ of 円886.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,889 Consumer Packaged Goods companies, Morinaga Milk Industry Co ranks better than 53.41% on this metric.
The historical rank and industry rank for Morinaga Milk Industry Co's Days Payable or its related term are showing as below:
TSE:2264'
s Days Payable Range Over the Past 10 Years
Min: 46.17 Med: 48.04 Max: 51.33
Current: 47.72
During the past 13 years, Morinaga Milk Industry Co's highest Days Payable was 51.33. The lowest was 46.17. And the median was 48.04.
TSE:2264's Days Payable is ranked better than 53.41% of 1889
companies
in the Consumer Packaged Goods industry
Industry Median: 44.15
vs TSE:2264: 47.72
* 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.
For the Packaged Foods subindustry, Morinaga Milk Industry 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.
Morinaga Milk Industry Co Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga Milk Industry Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Morinaga Milk Industry Co's Days Payable falls into.
Morinaga Milk Industry 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.
Morinaga Milk Industry 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.
Morinaga Milk Industry Co (TSE:2264) has a Days Payable of 51.31 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 Morinaga Milk Industry Co and its competitors. This is near median its historical median of 48.04. Over the past decade, Morinaga Milk Industry Co's Days Payable has ranged from 46.17 to 51.33. According to the industry distribution chart, Morinaga Milk Industry Co ranks #880 out of 1889 companies in the Consumer Packaged Goods industry, placing it in the top 46.6%.
Is Morinaga Milk Industry Co's Days Payable too high?
Morinaga Milk Industry Co's current Days Payable of 51.31 is near median its 10-year median of 48.04. Over the past 10 years, this metric has ranged from a low of 46.17 to a high of 51.33. The Consumer Packaged Goods industry median Days Payable is 44.15. Morinaga Milk Industry Co's value of 51.31 is 16.2% above this industry median. Based on the distribution chart, Morinaga Milk Industry Co ranks #880 out of 1889 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Morinaga Milk Industry Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga Milk Industry Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Morinaga Milk Industry Co ranks #880 out of 1889 companies for Days Payable. This puts Morinaga Milk Industry Co in the upper half of its industry. The industry median Days Payable is 44.15. Morinaga Milk Industry Co's value of 51.31 is 16.2% above this benchmark. Historically, Morinaga Milk Industry Co's own Days Payable has ranged from 46.17 to 51.33 over the past decade. While the company's 10-year median is 48.04 vs. the industry median of 44.15, Morinaga Milk Industry Co has consistently been above 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,889 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. Morinaga Milk Industry Co's current Days Payable of 51.31 is 16.2% above 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 Morinaga Milk Industry Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morinaga Milk Industry Co's current Days Payable is 51.31, which is near median its own 10-year median of 48.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga Milk Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Morinaga Milk Industry Co (TSE:2264) is currently considered Significantly Overvalued. The stock's GF Value™ is 円886.70, compared to a current price of 円1,229.50 — trading 38.7% above its estimated fair value. The current Days Payable is 51.31, which is near median its 10-year median of 48.04 and 16.2% above the Consumer Packaged Goods industry median of 44.15. Morinaga Milk Industry Co's overall GF Score™ is 70/100 with 6 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 Morinaga Milk Industry Co (TSE:2264), the current Days Payable is 51.31 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 Morinaga Milk Industry Co (TSE:2264) Overvalued in 2026?
Based on GuruFocus' analysis, Morinaga Milk Industry Co stock appears to be overvalued.
The current stock price of 円1,229.50 is trading 38.7% above its estimated GF Value™ of 円886.70.
GuruFocus considers Morinaga Milk Industry Co to be Significantly Overvalued.
Key valuation signals for TSE:2264:
Days Payable: 51.31 (near median its 10-year median of 48.04)
GF Value™: 円886.70 vs. price of 円1,229.50 (38.7% above fair value)
Industry Position: 16.2% above the Consumer Packaged Goods median (#880 of 1889)
No single metric tells the full story. See the TSE:2264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morinaga Milk Industry Co Ltd is a Japanese company engaged in the production and distribution of dairy products. It produces a variety of milk and milk-based products such as dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter, cheese, ice cream, clinical liquid diets. It also manufactures and sells animal feed, and constructs plant equipment. The company through its subsidiaries markets its products internationally.
70GF Score
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