Mory Industries (TSE:5464) Days Payable: 25.15 (As of Mar. 2026) — 32% Below Median

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TSE:5464 Mory Industries Inc TSE:5464
70 GF Score
Price 円959.00
GF Value 円880.43
Valuation Fairly Valued
! 2 Warning Signs
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What is Mory Industries Days Payable?

Mory Industries TSE:5464 +2.35% 70 Days Payable is 25.15 as of Mar. 2026, which is 32% below its 10-year median of 36.79. GuruFocus rates TSE:5464 with a GF Score™ of 70/100 and a GF Value™ of 円880.43 (Fairly Valued). The stock has 2 warning signs investors should review. Among 598 Steel companies, Mory Industries ranks worse than 68.06% on this metric.

Mory Industries's average Accounts Payable for the three months ended in Mar. 2026 was 円2,254 Mil. Mory Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was 円8,175 Mil. Hence, Mory Industries's Days Payable for the three months ended in Mar. 2026 was 25.15.

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

TSE:5464' s Days Payable Range Over the Past 10 Years
Min: 26.21   Med: 36.79   Max: 60.49
Current: 27.38

During the past 13 years, Mory Industries's highest Days Payable was 60.49. The lowest was 26.21. And the median was 36.79.

TSE:5464's Days Payable is ranked worse than
68.06% of 598 companies
in the Steel industry
Industry Median: 41.385 vs TSE:5464: 27.38

Mory Industries's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (25.15). It may suggest that Mory Industries delayed paying its suppliers.


Mory Industries Days Payable Historical Data

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The historical data trend for Mory Industries'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.

Mory Industries Days Payable Chart

Mory Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.68 36.32 32.02 27.33 26.21

Mory Industries Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 29.31 28.98 27.24 25.15

TSE:5464 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Mory Industries'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.


Mory Industries Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Mory Industries's Days Payable distribution charts can be found below:

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


TSE:5464
70GF Score
Mory Industries Inc TSE:5464
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mory Industries 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.

Mory Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (2651 + 2072) / 2 ) / 32888*365
=2361.5 / 32888*365
=26.21

Mory Industries'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
=( (2435 + 2072) / 2 ) / 8175*365 / 4
=2253.5 / 8175*365 / 4
=25.15

* 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 25.15 mean?
Mory Industries (TSE:5464) has a Days Payable of 25.15 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 Mory Industries and its competitors. This is 32% below median its historical median of 36.79. Over the past decade, Mory Industries' Days Payable has ranged from 26.21 to 60.49. According to the industry distribution chart, Mory Industries ranks #407 out of 598 companies in the Steel industry, placing it in the top 68.1%.
Is Mory Industries' Days Payable too high?
Mory Industries' current Days Payable of 25.15 is 32% below median its 10-year median of 36.79. Over the past 10 years, this metric has ranged from a low of 26.21 to a high of 60.49. The Steel industry median Days Payable is 41.39. Mory Industries' value of 25.15 is 39.2% below this industry median. Based on the distribution chart, Mory Industries ranks #407 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Mory Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mory Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Mory Industries ranks #407 out of 598 companies for Days Payable. This places Mory Industries in the lower half of its industry. The industry median Days Payable is 41.39. Mory Industries' value of 25.15 is 39.2% below this benchmark. Historically, Mory Industries' own Days Payable has ranged from 26.21 to 60.49 over the past decade. While the company's 10-year median is 36.79 vs. the industry median of 41.39, Mory Industries 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. Mory Industries's current Days Payable of 25.15 is 39.2% 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 Mory Industries and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mory Industries's current Days Payable is 25.15, which is 32% below median its own 10-year median of 36.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mory Industries stock overvalued right now?
Based on GuruFocus' analysis, Mory Industries (TSE:5464) is currently considered Fairly Valued. The stock's GF Value™ is 円880.43, compared to a current price of 円959.00 — trading 8.9% above its estimated fair value. The current Days Payable is 25.15, which is 32% below median its 10-year median of 36.79 and 39.2% below the Steel industry median of 41.39. Mory Industries' overall GF Score™ is 70/100 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 Mory Industries (TSE:5464), the current Days Payable is 25.15 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 Mory Industries (TSE:5464) Overvalued in 2026?

Based on GuruFocus' analysis, Mory Industries stock appears to be overvalued. The current stock price of 円959.00 is trading 8.9% above its estimated GF Value™ of 円880.43. GuruFocus considers Mory Industries to be Fairly Valued.

Key valuation signals for TSE:5464:

  • Days Payable: 25.15 (32% below median its 10-year median of 36.79)
  • GF Value™: 円880.43 vs. price of 円959.00 (8.9% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 39.2% below the Steel median (#407 of 598)

No single metric tells the full story. See the TSE:5464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mory Industries Business Description

Address 5-1-60 Namba, 22nd floor, Namba SkyO, Chuo-ku, Osaka, JPN, 542-0076
Mory Industries Inc is a Japan-based steel manufacturer. The company is mainly engaged in the manufacturing and sales steel products including stainless steel pipes and tubes, stainless steel flat bars, angle bars, round bars and processing goods of stainless product, welded carbon steel tubes and automatic tube cutting machines.
70GF Score

Get the complete analysis for TSE:5464

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

円959.00
Price
円880.43
GF Value