Maruyama MFG Co (TSE:6316) Days Payable: 34.10 (As of Mar. 2026) — 24% Above Median


TSE:6316 Maruyama MFG Co Inc TSE:6316
71 GF Score
Price 円2,628.00
GF Value 円2,518.85
Valuation Fairly Valued
! 6 Warning Signs
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What is Maruyama MFG Co Days Payable?

Maruyama MFG Co TSE:6316 -1.87% 71 Days Payable is 34.10 as of Mar. 2026, which is 24% above its 10-year median of 27.46. GuruFocus rates TSE:6316 with a GF Score™ of 71/100 and a GF Value™ of 円2,518.85 (Fairly Valued). The stock has 6 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Maruyama MFG Co ranks worse than 90.87% on this metric.

Maruyama MFG Co's average Accounts Payable for the six months ended in Mar. 2026 was 円2,750 Mil. Maruyama MFG Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円14,718 Mil. Hence, Maruyama MFG Co's Days Payable for the six months ended in Mar. 2026 was 34.10.

The historical rank and industry rank for Maruyama MFG Co's Days Payable or its related term are showing as below:

TSE:6316' s Days Payable Range Over the Past 10 Years
Min: 23.35   Med: 27.46   Max: 34.92
Current: 30.62

During the past 13 years, Maruyama MFG Co's highest Days Payable was 34.92. The lowest was 23.35. And the median was 27.46.

TSE:6316's Days Payable is ranked worse than
90.87% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 69.415 vs TSE:6316: 30.62

Maruyama MFG Co's Days Payable increased from Mar. 2025 (29.30) to Mar. 2026 (34.10). It may suggest that Maruyama MFG Co delayed paying its suppliers.


Maruyama MFG Co Days Payable Historical Data

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The historical data trend for Maruyama MFG 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.

Maruyama MFG Co Days Payable Chart

Maruyama MFG Co 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 27.79 24.50 23.35 23.62 24.85

Maruyama MFG Co 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 32.96 25.45 29.30 25.40 34.10

TSE:6316 vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Maruyama MFG 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.


Maruyama MFG Co Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Maruyama MFG Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Maruyama MFG Co's Days Payable falls into.


TSE:6316
71GF Score
Maruyama MFG Co Inc TSE:6316
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruyama MFG Co 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.

Maruyama MFG Co'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
=( (1924 + 2248) / 2 ) / 30645*365
=2086 / 30645*365
=24.85

Maruyama MFG Co'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
=( (2248 + 3252) / 2 ) / 14718*365 / 2
=2750 / 14718*365 / 2
=34.10

* 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 34.10 mean?
Maruyama MFG Co (TSE:6316) has a Days Payable of 34.10 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 Maruyama MFG Co and its competitors. This is 24% above median its historical median of 27.46. Over the past decade, Maruyama MFG Co's Days Payable has ranged from 23.35 to 34.92. According to the industry distribution chart, Maruyama MFG Co ranks #189 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 90.9%.
Is Maruyama MFG Co's Days Payable too high?
Maruyama MFG Co's current Days Payable of 34.10 is 24% above median its 10-year median of 27.46. Over the past 10 years, this metric has ranged from a low of 23.35 to a high of 34.92. The Farm & Heavy Construction Machinery industry median Days Payable is 69.42. Maruyama MFG Co's value of 34.10 is 50.9% below this industry median. Based on the distribution chart, Maruyama MFG Co ranks #189 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Maruyama MFG Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maruyama MFG Co's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Maruyama MFG Co ranks #189 out of 208 companies for Days Payable. This places Maruyama MFG Co in the lower half of its industry. The industry median Days Payable is 69.42. Maruyama MFG Co's value of 34.10 is 50.9% below this benchmark. Historically, Maruyama MFG Co's own Days Payable has ranged from 23.35 to 34.92 over the past decade. While the company's 10-year median is 27.46 vs. the industry median of 69.42, Maruyama MFG 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 69.42, based on 208 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. Maruyama MFG Co's current Days Payable of 34.10 is 50.9% 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 Maruyama MFG Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 69.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruyama MFG Co's current Days Payable is 34.10, which is 24% above median its own 10-year median of 27.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruyama MFG Co stock overvalued right now?
Based on GuruFocus' analysis, Maruyama MFG Co (TSE:6316) is currently considered Fairly Valued. The stock's GF Value™ is 円2,518.85, compared to a current price of 円2,628.00 — trading 4.3% above its estimated fair value. The current Days Payable is 34.10, which is 24% above median its 10-year median of 27.46 and 50.9% below the Farm & Heavy Construction Machinery industry median of 69.42. Maruyama MFG Co's overall GF Score™ is 71/100 with 6 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 Maruyama MFG Co (TSE:6316), the current Days Payable is 34.10 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 Maruyama MFG Co (TSE:6316) Overvalued in 2026?

Based on GuruFocus' analysis, Maruyama MFG Co stock appears to be overvalued. The current stock price of 円2,628.00 is trading 4.3% above its estimated GF Value™ of 円2,518.85. GuruFocus considers Maruyama MFG Co to be Fairly Valued.

Key valuation signals for TSE:6316:

  • Days Payable: 34.10 (24% above median its 10-year median of 27.46)
  • GF Value™: 円2,518.85 vs. price of 円2,628.00 (4.3% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 50.9% below the Farm & Heavy Construction Machinery median (#189 of 208)

No single metric tells the full story. See the TSE:6316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruyama MFG Co Business Description

Address 3-4-15 Uchikanda, Chiyoda-ku, Tokyo, JPN, 101-0047
Maruyama MFG Co Inc is a Japan-based company engaged in the manufacture and sale of agricultural machines and environmental sanitation machines. It also manufactures and sells firefighting equipment, industrial pumps, cleaning equipment, construction machinery, engines, cars and other vehicles used for agriculture. In addition, the group is also involved in the contracted design, construction of plumbing and fire-prevention equipment real estate and leasing business. The group conducts its business operations in Japan and internationally.
71GF Score

Get the complete analysis for TSE:6316

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

円2,628.00
Price
円2,518.85
GF Value