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Hogy Medical CoTSE:3593 47 Days Payable is 50.74 as of Dec. 2025, which is 36% below its 10-year median of 78.79. GuruFocus rates TSE:3593 with a GF Score™ of 47/100 and a GF Value™ of 円4,422.15 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Hogy Medical Co ranks worse than 58.11% on this metric.
The historical rank and industry rank for Hogy Medical Co's Days Payable or its related term are showing as below:
TSE:3593'
s Days Payable Range Over the Past 10 Years
Min: 60.15 Med: 78.79 Max: 90.86
Current: 60.15
During the past 13 years, Hogy Medical Co's highest Days Payable was 90.86. The lowest was 60.15. And the median was 78.79.
TSE:3593's Days Payable is ranked worse than 58.11% of 795
companies
in the Medical Devices & Instruments industry
Industry Median: 67.87
vs TSE:3593: 60.15
Hogy Medical Co's Days Payable
declined
from Dec. 2024 (61.19) to Dec. 2025 (50.74).
It may suggest that Hogy Medical Coaccelerated paying its suppliers.
Hogy Medical Co Days Payable Related Terms
Hogy Medical Co Days Payable Historical Data
* Premium members only.
The historical data trend for Hogy Medical 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:3593 vs ISRG, BDX, MDLN: Days Payable Comparison
For the Medical Instruments & Supplies subindustry, Hogy Medical 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.
Hogy Medical Co Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Hogy Medical Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hogy Medical 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.
Hogy Medical Co's Days Payable for the fiscal year that ended in Mar. 2025 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.
Hogy Medical Co (TSE:3593) has a Days Payable of 50.74 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hogy Medical Co and its competitors. This is 36% below median its historical median of 78.79. Over the past decade, Hogy Medical Co's Days Payable has ranged from 60.15 to 90.86. According to the industry distribution chart, Hogy Medical Co ranks #462 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 58.1%.
Is Hogy Medical Co's Days Payable too high?
Hogy Medical Co's current Days Payable of 50.74 is 36% below median its 10-year median of 78.79. Over the past 10 years, this metric has ranged from a low of 60.15 to a high of 90.86. The Medical Devices & Instruments industry median Days Payable is 67.87. Hogy Medical Co's value of 50.74 is 25.2% below this industry median. Based on the distribution chart, Hogy Medical Co ranks #462 out of 795 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Hogy Medical Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hogy Medical Co's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Hogy Medical Co ranks #462 out of 795 companies for Days Payable. This places Hogy Medical Co in the lower half of its industry. The industry median Days Payable is 67.87. Hogy Medical Co's value of 50.74 is 25.2% below this benchmark. Historically, Hogy Medical Co's own Days Payable has ranged from 60.15 to 90.86 over the past decade. While the company's 10-year median is 78.79 vs. the industry median of 67.87, Hogy Medical 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.87, based on 795 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. Hogy Medical Co's current Days Payable of 50.74 is 25.2% 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 Hogy Medical Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hogy Medical Co's current Days Payable is 50.74, which is 36% below median its own 10-year median of 78.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hogy Medical Co stock overvalued right now?
Based on GuruFocus' analysis, Hogy Medical Co (TSE:3593) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,422.15, compared to a current price of 円6,660.00 — trading 50.6% above its estimated fair value. The current Days Payable is 50.74, which is 36% below median its 10-year median of 78.79 and 25.2% below the Medical Devices & Instruments industry median of 67.87. Hogy Medical Co's overall GF Score™ is 47/100 with 10 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 Hogy Medical Co (TSE:3593), the current Days Payable is 50.74 as of Dec. 2025. 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 Hogy Medical Co (TSE:3593) Overvalued in 2026?
Based on GuruFocus' analysis, Hogy Medical Co stock appears to be overvalued.
The current stock price of 円6,660.00 is trading 50.6% above its estimated GF Value™ of 円4,422.15.
GuruFocus considers Hogy Medical Co to be Significantly Overvalued.
Key valuation signals for TSE:3593:
Days Payable: 50.74 (36% below median its 10-year median of 78.79)
GF Value™: 円4,422.15 vs. price of 円6,660.00 (50.6% above fair value)
Industry Position: 25.2% below the Medical Devices & Instruments median (#462 of 795)
No single metric tells the full story. See the TSE:3593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hogy Medical Co Ltd develops and sells products that can be used to streamline operations and improve safety at healthcare facilities. Its products are used in hospitals' operating rooms, wards, material rooms, and administrative settings. Hogy Medical receives the majority of its revenue from sales of surgical-use products. Its key products include kit products, nonwoven products, and sterilization products. The kit products contain sterilized surgical supplies for use in a specific operation. The nonwoven products include gowns, caps, equipment covers, and other accessories. Hogy's primary sterilization product is the Mekkin bag, a sterilization pouch. The vast majority of Hogy's revenue is generated in Japan.
47GF Score
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