* 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 Conglomerates subindustry, Mie Kotsu Group Holdings'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.
Mie Kotsu Group Holdings Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Mie Kotsu Group Holdings'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.
Mie Kotsu Group Holdings'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.
Mie Kotsu Group Holdings (TSE:3232) has a Days Payable of 14.05 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 Mie Kotsu Group Holdings and its competitors. This is 40% below median its historical median of 23.29. Over the past decade, Mie Kotsu Group Holdings' Days Payable has ranged from 16.13 to 32.86. According to the industry distribution chart, Mie Kotsu Group Holdings ranks #473 out of 509 companies in the Conglomerates industry, placing it in the top 92.9%.
Is Mie Kotsu Group Holdings' Days Payable too high?
Mie Kotsu Group Holdings' current Days Payable of 14.05 is 40% below median its 10-year median of 23.29. Over the past 10 years, this metric has ranged from a low of 16.13 to a high of 32.86. The Conglomerates industry median Days Payable is 55.71. Mie Kotsu Group Holdings' value of 14.05 is 74.8% below this industry median. Based on the distribution chart, Mie Kotsu Group Holdings ranks #473 out of 509 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Mie Kotsu Group Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mie Kotsu Group Holdings ranks #473 out of 509 companies for Days Payable. This places Mie Kotsu Group Holdings in the lower half of its industry. The industry median Days Payable is 55.71. Mie Kotsu Group Holdings' value of 14.05 is 74.8% below this benchmark. Historically, Mie Kotsu Group Holdings' own Days Payable has ranged from 16.13 to 32.86 over the past decade. While the company's 10-year median is 23.29 vs. the industry median of 55.71, Mie Kotsu Group Holdings 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.71, based on 509 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. Mie Kotsu Group Holdings's current Days Payable of 14.05 is 74.8% 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates industry, the median Days Payable is 55.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Kotsu Group Holdings's current Days Payable is 14.05, which is 40% below median its own 10-year median of 23.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings (TSE:3232) is currently considered Fairly Valued. The stock's GF Value™ is 円591.89, compared to a current price of 円548.00 — trading 7.4% below its estimated fair value. The current Days Payable is 14.05, which is 40% below median its 10-year median of 23.29 and 74.8% below the Conglomerates industry median of 55.71. Mie Kotsu Group Holdings' overall GF Score™ is 77/100 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 Mie Kotsu Group Holdings (TSE:3232), the current Days Payable is 14.05 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 Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be undervalued.
The current stock price of 円548.00 is trading 7.4% below its estimated GF Value™ of 円591.89.
GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.
Key valuation signals for TSE:3232:
Days Payable: 14.05 (40% below median its 10-year median of 23.29)
GF Value™: 円591.89 vs. price of 円548.00 (7.4% below fair value)
Industry Position: 74.8% below the Conglomerates median (#473 of 509)
No single metric tells the full story. See the TSE:3232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
77GF Score
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