Hirakawa Hewtech (TSE:5821) Days Payable: 28.85 (As of Mar. 2026) — 26% Below Median


TSE:5821 Hirakawa Hewtech Corp TSE:5821
74 GF Score
Price 円3,355.00
GF Value 円1,792.11
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Hirakawa Hewtech Days Payable?

Hirakawa Hewtech TSE:5821 +2.13% 74 Days Payable is 28.85 as of Mar. 2026, which is 26% below its 10-year median of 38.75. GuruFocus rates TSE:5821 with a GF Score™ of 74/100 and a GF Value™ of 円1,792.11 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 510 Conglomerates companies, Hirakawa Hewtech ranks worse than 84.12% on this metric.

Hirakawa Hewtech's average Accounts Payable for the six months ended in Mar. 2026 was 円2,393 Mil. Hirakawa Hewtech's Cost of Goods Sold for the six months ended in Mar. 2026 was 円15,133 Mil. Hence, Hirakawa Hewtech's Days Payable for the six months ended in Mar. 2026 was 28.85.

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

TSE:5821' s Days Payable Range Over the Past 10 Years
Min: 25.41   Med: 38.75   Max: 50.38
Current: 27.67

During the past 13 years, Hirakawa Hewtech's highest Days Payable was 50.38. The lowest was 25.41. And the median was 38.75.

TSE:5821's Days Payable is ranked worse than
84.12% of 510 companies
in the Conglomerates industry
Industry Median: 56.11 vs TSE:5821: 27.67

Hirakawa Hewtech's Days Payable increased from Mar. 2025 (26.06) to Mar. 2026 (28.85). It may suggest that Hirakawa Hewtech delayed paying its suppliers.


Hirakawa Hewtech Days Payable Historical Data

* Premium members only.

The historical data trend for Hirakawa Hewtech'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.

Hirakawa Hewtech Days Payable Chart

Hirakawa Hewtech 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 40.16 43.57 35.60 25.41 26.73

Hirakawa Hewtech 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 26.12 23.25 26.06 27.34 28.85

TSE:5821 vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Hirakawa Hewtech'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.


Hirakawa Hewtech Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hirakawa Hewtech's Days Payable distribution charts can be found below:

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


TSE:5821
74GF Score
Hirakawa Hewtech Corp TSE:5821
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hirakawa Hewtech 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.

Hirakawa Hewtech'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
=( (1695 + 2478) / 2 ) / 28491*365
=2086.5 / 28491*365
=26.73

Hirakawa Hewtech'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
=( (2307 + 2478) / 2 ) / 15133*365 / 2
=2392.5 / 15133*365 / 2
=28.85

* 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 28.85 mean?
Hirakawa Hewtech (TSE:5821) has a Days Payable of 28.85 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 Hirakawa Hewtech and its competitors. This is 26% below median its historical median of 38.75. Over the past decade, Hirakawa Hewtech's Days Payable has ranged from 25.41 to 50.38. According to the industry distribution chart, Hirakawa Hewtech ranks #429 out of 510 companies in the Conglomerates industry, placing it in the top 84.1%.
Is Hirakawa Hewtech's Days Payable too high?
Hirakawa Hewtech's current Days Payable of 28.85 is 26% below median its 10-year median of 38.75. Over the past 10 years, this metric has ranged from a low of 25.41 to a high of 50.38. The Conglomerates industry median Days Payable is 56.11. Hirakawa Hewtech's value of 28.85 is 48.6% below this industry median. Based on the distribution chart, Hirakawa Hewtech ranks #429 out of 510 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Hirakawa Hewtech has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hirakawa Hewtech's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hirakawa Hewtech ranks #429 out of 510 companies for Days Payable. This places Hirakawa Hewtech in the lower half of its industry. The industry median Days Payable is 56.11. Hirakawa Hewtech's value of 28.85 is 48.6% below this benchmark. Historically, Hirakawa Hewtech's own Days Payable has ranged from 25.41 to 50.38 over the past decade. While the company's 10-year median is 38.75 vs. the industry median of 56.11, Hirakawa Hewtech 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 56.11, based on 510 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. Hirakawa Hewtech's current Days Payable of 28.85 is 48.6% 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 Hirakawa Hewtech and its competitors. For the Conglomerates industry, the median Days Payable is 56.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hirakawa Hewtech's current Days Payable is 28.85, which is 26% below median its own 10-year median of 38.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hirakawa Hewtech stock overvalued right now?
Based on GuruFocus' analysis, Hirakawa Hewtech (TSE:5821) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,792.11, compared to a current price of 円3,355.00 — trading 87.2% above its estimated fair value. The current Days Payable is 28.85, which is 26% below median its 10-year median of 38.75 and 48.6% below the Conglomerates industry median of 56.11. Hirakawa Hewtech's overall GF Score™ is 74/100 with 1 warning sign 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 Hirakawa Hewtech (TSE:5821), the current Days Payable is 28.85 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 Hirakawa Hewtech (TSE:5821) Overvalued in 2026?

Based on GuruFocus' analysis, Hirakawa Hewtech stock appears to be overvalued. The current stock price of 円3,355.00 is trading 87.2% above its estimated GF Value™ of 円1,792.11. GuruFocus considers Hirakawa Hewtech to be Significantly Overvalued.

Key valuation signals for TSE:5821:

  • Days Payable: 28.85 (26% below median its 10-year median of 38.75)
  • GF Value™: 円1,792.11 vs. price of 円3,355.00 (87.2% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 48.6% below the Conglomerates median (#429 of 510)

No single metric tells the full story. See the TSE:5821 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hirakawa Hewtech Business Description

Address 4-17-5 Shiba, Minato-ku, 7th Floor, Sotetsu Tamachi Building, Tokyo, JPN, 108-0014
Hirakawa Hewtech Corp is a Japan-based company. It is mainly engaged in the manufacture and sale of electric wires, cables, electrical equipment, and medical equipment. The company is also engaged in the design, construction, supervision and contracting of electrical work and telecommunications construction. Electrical products offered by the company include micro coaxial cable, interface cable, broadcast cable, and high-frequency coaxial cable. Medical equipment offerings include industry tube and medical tube. Hirakawa Hewtech is also engaged in real estate management and leasing.
74GF Score

Get the complete analysis for TSE:5821

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

円3,355.00
Price
円1,792.11
GF Value