Miratap (TSE:3187) Days Payable: 38.70 (As of Mar. 2026) — Near Median

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TSE:3187 Miratap Inc TSE:3187
49 GF Score
Price 円287.00
GF Value 円391.85
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Miratap Days Payable?

Miratap TSE:3187 +1.77% 49 Days Payable is 38.70 as of Mar. 2026, which is 8% above its 10-year median of 35.73. GuruFocus rates TSE:3187 with a GF Score™ of 49/100 and a GF Value™ of 円391.85 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,099 Retail - Cyclical companies, Miratap ranks worse than 65.42% on this metric.

Miratap's average Accounts Payable for the six months ended in Mar. 2026 was 円1,049 Mil. Miratap's Cost of Goods Sold for the six months ended in Mar. 2026 was 円4,945 Mil. Hence, Miratap's Days Payable for the six months ended in Mar. 2026 was 38.70.

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

TSE:3187' s Days Payable Range Over the Past 10 Years
Min: 32.71   Med: 35.73   Max: 41.31
Current: 37.7

During the past 13 years, Miratap's highest Days Payable was 41.31. The lowest was 32.71. And the median was 35.73.

TSE:3187's Days Payable is ranked worse than
65.42% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 51.79 vs TSE:3187: 37.70

Miratap's Days Payable increased from Mar. 2025 (34.79) to Mar. 2026 (38.70). It may suggest that Miratap delayed paying its suppliers.


Miratap Days Payable Historical Data

* Premium members only.

The historical data trend for Miratap'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.

Miratap Days Payable Chart

Miratap Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.79 41.31 38.93 36.33 34.93

Miratap 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 34.94 38.77 34.79 36.39 38.70

TSE:3187 vs AMZN, BABA, PDD: Days Payable Comparison

For the Internet Retail subindustry, Miratap'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.


Miratap Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Miratap's Days Payable distribution charts can be found below:

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


TSE:3187
49GF Score
Miratap Inc TSE:3187
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Miratap 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.

Miratap's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1049.326 + 1037.162) / 2 ) / 10900.162*365
=1043.244 / 10900.162*365
=34.93

Miratap'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
=( (1037.162 + 1060.087) / 2 ) / 4945.499*365 / 2
=1048.6245 / 4945.499*365 / 2
=38.70

* 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 38.70 mean?
Miratap (TSE:3187) has a Days Payable of 38.70 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 Miratap and its competitors. This is near median its historical median of 35.73. Over the past decade, Miratap's Days Payable has ranged from 32.71 to 41.31. According to the industry distribution chart, Miratap ranks #719 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 65.4%.
Is Miratap's Days Payable too high?
Miratap's current Days Payable of 38.70 is near median its 10-year median of 35.73. Over the past 10 years, this metric has ranged from a low of 32.71 to a high of 41.31. The Retail - Cyclical industry median Days Payable is 51.79. Miratap's value of 38.70 is 25.3% below this industry median. Based on the distribution chart, Miratap ranks #719 out of 1099 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Miratap has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Miratap's Days Payable compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Miratap ranks #719 out of 1099 companies for Days Payable. This places Miratap in the lower half of its industry. The industry median Days Payable is 51.79. Miratap's value of 38.70 is 25.3% below this benchmark. Historically, Miratap's own Days Payable has ranged from 32.71 to 41.31 over the past decade. While the company's 10-year median is 35.73 vs. the industry median of 51.79, Miratap 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.79, based on 1,099 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. Miratap's current Days Payable of 38.70 is 25.3% 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 Miratap and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miratap's current Days Payable is 38.70, which is near median its own 10-year median of 35.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miratap stock overvalued right now?
Based on GuruFocus' analysis, Miratap (TSE:3187) is currently considered Modestly Undervalued. The stock's GF Value™ is 円391.85, compared to a current price of 円287.00 — trading 26.8% below its estimated fair value. The current Days Payable is 38.70, which is near median its 10-year median of 35.73 and 25.3% below the Retail - Cyclical industry median of 51.79. Miratap's overall GF Score™ is 49/100 with 7 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 Miratap (TSE:3187), the current Days Payable is 38.70 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 Miratap (TSE:3187) Overvalued in 2026?

Based on GuruFocus' analysis, Miratap stock appears to be undervalued. The current stock price of 円287.00 is trading 26.8% below its estimated GF Value™ of 円391.85. GuruFocus considers Miratap to be Modestly Undervalued.

Key valuation signals for TSE:3187:

  • Days Payable: 38.70 (near median its 10-year median of 35.73)
  • GF Value™: 円391.85 vs. price of 円287.00 (26.8% below fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 25.3% below the Retail - Cyclical median (#719 of 1099)

No single metric tells the full story. See the TSE:3187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miratap Business Description

Address 5-54 Ofukacho, Kita-ku, Osaka, JPN, 541-0041
Miratap Inc is an online retailer that offers housing equipment and building materials. It offers products related to kitchen, bathroom, flooring, interior building materials, exterior building materials, maintenance construction materials, and others. The Company has two reportable segments: the "Housing Equipment and Building Materials E-Commerce Business" and the "Housing Business".
49GF Score

Get the complete analysis for TSE:3187

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

円287.00
Price
円391.85
GF Value