Mitsubishi Research Institute (TSE:3636) Days Payable: 23.16 (As of Mar. 2026) — 23% Above Median

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TSE:3636 Mitsubishi Research Institute Inc TSE:3636
79 GF Score
Price 円4,630.00
GF Value 円5,183.37
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mitsubishi Research Institute Days Payable?

Mitsubishi Research Institute TSE:3636 -0.11% 79 Days Payable is 23.16 as of Mar. 2026, which is 23% above its 10-year median of 18.86. GuruFocus rates TSE:3636 with a GF Score™ of 79/100 and a GF Value™ of 円5,183.37 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,605 Software companies, Mitsubishi Research Institute ranks worse than 73.55% on this metric.

Mitsubishi Research Institute's average Accounts Payable for the three months ended in Mar. 2026 was 円7,825 Mil. Mitsubishi Research Institute's Cost of Goods Sold for the three months ended in Mar. 2026 was 円30,828 Mil. Hence, Mitsubishi Research Institute's Days Payable for the three months ended in Mar. 2026 was 23.16.

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

TSE:3636' s Days Payable Range Over the Past 10 Years
Min: 16.29   Med: 18.86   Max: 25.4
Current: 25.4

During the past 13 years, Mitsubishi Research Institute's highest Days Payable was 25.40. The lowest was 16.29. And the median was 18.86.

TSE:3636's Days Payable is ranked worse than
73.55% of 2605 companies
in the Software industry
Industry Median: 52.79 vs TSE:3636: 25.40

Mitsubishi Research Institute's Days Payable increased from Mar. 2025 (21.67) to Mar. 2026 (23.16). It may suggest that Mitsubishi Research Institute delayed paying its suppliers.


Mitsubishi Research Institute Days Payable Historical Data

* Premium members only.

The historical data trend for Mitsubishi Research Institute'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.

Mitsubishi Research Institute Days Payable Chart

Mitsubishi Research Institute 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 18.57 20.34 19.30 16.29 16.86

Mitsubishi Research Institute Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 21.67 29.32 18.35 18.68 23.16

TSE:3636 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Mitsubishi Research Institute'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.


Mitsubishi Research Institute Days Payable vs Software Industry

For the Software industry and Technology sector, Mitsubishi Research Institute's Days Payable distribution charts can be found below:

* The bar in red indicates where Mitsubishi Research Institute's Days Payable falls into.


TSE:3636
79GF Score
Mitsubishi Research Institute Inc TSE:3636
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Research Institute 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.

Mitsubishi Research Institute'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
=( (3731 + 4836) / 2 ) / 92719*365
=4283.5 / 92719*365
=16.86

Mitsubishi Research Institute'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
=( (4364 + 11286) / 2 ) / 30828*365 / 4
=7825 / 30828*365 / 4
=23.16

* 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 23.16 mean?
Mitsubishi Research Institute (TSE:3636) has a Days Payable of 23.16 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 Mitsubishi Research Institute and its competitors. This is 23% above median its historical median of 18.86. Over the past decade, Mitsubishi Research Institute's Days Payable has ranged from 16.29 to 25.40. According to the industry distribution chart, Mitsubishi Research Institute ranks #1916 out of 2605 companies in the Software industry, placing it in the top 73.6%.
Is Mitsubishi Research Institute's Days Payable too high?
Mitsubishi Research Institute's current Days Payable of 23.16 is 23% above median its 10-year median of 18.86. Over the past 10 years, this metric has ranged from a low of 16.29 to a high of 25.40. The Software industry median Days Payable is 52.79. Mitsubishi Research Institute's value of 23.16 is 56.1% below this industry median. Based on the distribution chart, Mitsubishi Research Institute ranks #1916 out of 2605 companies in the Software industry, which is below the industry midpoint. Overall, Mitsubishi Research Institute has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Research Institute's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Mitsubishi Research Institute ranks #1916 out of 2605 companies for Days Payable. This places Mitsubishi Research Institute in the lower half of its industry. The industry median Days Payable is 52.79. Mitsubishi Research Institute's value of 23.16 is 56.1% below this benchmark. Historically, Mitsubishi Research Institute's own Days Payable has ranged from 16.29 to 25.40 over the past decade. While the company's 10-year median is 18.86 vs. the industry median of 52.79, Mitsubishi Research Institute 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,605 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. Mitsubishi Research Institute's current Days Payable of 23.16 is 56.1% 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 Mitsubishi Research Institute and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Research Institute's current Days Payable is 23.16, which is 23% above median its own 10-year median of 18.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Research Institute (TSE:3636) is currently considered Modestly Undervalued. The stock's GF Value™ is 円5,183.37, compared to a current price of 円4,630.00 — trading 10.7% below its estimated fair value. The current Days Payable is 23.16, which is 23% above median its 10-year median of 18.86 and 56.1% below the Software industry median of 52.79. Mitsubishi Research Institute's overall GF Score™ is 79/100 with 3 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 Mitsubishi Research Institute (TSE:3636), the current Days Payable is 23.16 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 Mitsubishi Research Institute (TSE:3636) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Research Institute stock appears to be undervalued. The current stock price of 円4,630.00 is trading 10.7% below its estimated GF Value™ of 円5,183.37. GuruFocus considers Mitsubishi Research Institute to be Modestly Undervalued.

Key valuation signals for TSE:3636:

  • Days Payable: 23.16 (23% above median its 10-year median of 18.86)
  • GF Value™: 円5,183.37 vs. price of 円4,630.00 (10.7% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 56.1% below the Software median (#1916 of 2605)

No single metric tells the full story. See the TSE:3636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Research Institute Business Description

Address 10-3, Nagatacho 2-Chome Chiyoda-Ku, Tokyo, JPN, 100-8141
Mitsubishi Research Institute Inc is an international research and consulting firm. The company assists its clients in developing comprehensive solutions to meet their diverse needs by integrating think-tank, consulting and IT solution services. The Think Tank and Consulting segment offers research, survey analysis, project appraisal, strategic planning, and other organizational development services. The IT Solutions segment provides IT support and consulting, software development, data processing, system machinery, core system outsourcing, and business process outsourcing services. The business activity is primarily functioned through the regions of Japan.
79GF Score

Get the complete analysis for TSE:3636

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

円4,630.00
Price
円5,183.37
GF Value