Midac Holdings Co (TSE:6564) Days Payable: 4.66 (As of Mar. 2026) — 44% Below Median

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TSE:6564 Midac Holdings Co Ltd TSE:6564
90 GF Score
Price 円2,162.00
GF Value 円2,308.53
Valuation Fairly Valued
! 2 Warning Signs
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What is Midac Holdings Co Days Payable?

Midac Holdings Co TSE:6564 +5.46% 90 Days Payable is 4.66 as of Mar. 2026, which is 44% below its 10-year median of 8.27. GuruFocus rates TSE:6564 with a GF Score™ of 90/100 and a GF Value™ of 円2,308.53 (Fairly Valued). The stock has 2 warning signs investors should review. Among 233 Waste Management companies, Midac Holdings Co ranks worse than 98.28% on this metric.

Midac Holdings Co's average Accounts Payable for the three months ended in Mar. 2026 was 円61 Mil. Midac Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円1,195 Mil. Hence, Midac Holdings Co's Days Payable for the three months ended in Mar. 2026 was 4.66.

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

TSE:6564' s Days Payable Range Over the Past 10 Years
Min: 3.82   Med: 8.27   Max: 10.7
Current: 3.82

During the past 11 years, Midac Holdings Co's highest Days Payable was 10.70. The lowest was 3.82. And the median was 8.27.

TSE:6564's Days Payable is ranked worse than
98.28% of 233 companies
in the Waste Management industry
Industry Median: 64.49 vs TSE:6564: 3.82

Midac Holdings Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (4.66). It may suggest that Midac Holdings Co delayed paying its suppliers.


Midac Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Midac Holdings 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.

Midac Holdings Co Days Payable Chart

Midac Holdings Co 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 9.26 7.00 5.34 4.06 4.10

Midac Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.71 2.73 4.49 4.66 4.42

TSE:6564 vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Midac Holdings 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.


Midac Holdings Co Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Midac Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Midac Holdings Co's Days Payable falls into.


TSE:6564
90GF Score
Midac Holdings Co Ltd TSE:6564
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Midac Holdings 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.

Midac Holdings Co'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
=( (35.475 + 64.348) / 2 ) / 4444.446*365
=49.9115 / 4444.446*365
=4.10

Midac Holdings 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (57.708 + 64.348) / 2 ) / 1194.537*365 / 4
=61.028 / 1194.537*365 / 4
=4.66

* 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 4.66 mean?
Midac Holdings Co (TSE:6564) has a Days Payable of 4.66 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 Midac Holdings Co and its competitors. This is 44% below median its historical median of 8.27. Over the past decade, Midac Holdings Co's Days Payable has ranged from 3.82 to 10.70. According to the industry distribution chart, Midac Holdings Co ranks #229 out of 233 companies in the Waste Management industry, placing it in the top 98.3%.
Is Midac Holdings Co's Days Payable too high?
Midac Holdings Co's current Days Payable of 4.66 is 44% below median its 10-year median of 8.27. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 10.70. The Waste Management industry median Days Payable is 64.49. Midac Holdings Co's value of 4.66 is 92.8% below this industry median. Based on the distribution chart, Midac Holdings Co ranks #229 out of 233 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Midac Holdings Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Midac Holdings Co's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Midac Holdings Co ranks #229 out of 233 companies for Days Payable. This places Midac Holdings Co in the lower half of its industry. The industry median Days Payable is 64.49. Midac Holdings Co's value of 4.66 is 92.8% below this benchmark. Historically, Midac Holdings Co's own Days Payable has ranged from 3.82 to 10.70 over the past decade. While the company's 10-year median is 8.27 vs. the industry median of 64.49, Midac Holdings 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 Waste Management company?
The median Days Payable among Waste Management companies is 64.49, based on 233 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. Midac Holdings Co's current Days Payable of 4.66 is 92.8% 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 Midac Holdings Co and its competitors. For the Waste Management industry, the median Days Payable is 64.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midac Holdings Co's current Days Payable is 4.66, which is 44% below median its own 10-year median of 8.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midac Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Midac Holdings Co (TSE:6564) is currently considered Fairly Valued. The stock's GF Value™ is 円2,308.53, compared to a current price of 円2,162.00 — trading 6.3% below its estimated fair value. The current Days Payable is 4.66, which is 44% below median its 10-year median of 8.27 and 92.8% below the Waste Management industry median of 64.49. Midac Holdings Co's overall GF Score™ is 90/100 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 Midac Holdings Co (TSE:6564), the current Days Payable is 4.66 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 Midac Holdings Co (TSE:6564) Overvalued in 2026?

Based on GuruFocus' analysis, Midac Holdings Co stock appears to be undervalued. The current stock price of 円2,162.00 is trading 6.3% below its estimated GF Value™ of 円2,308.53. GuruFocus considers Midac Holdings Co to be Fairly Valued.

Key valuation signals for TSE:6564:

  • Days Payable: 4.66 (44% below median its 10-year median of 8.27)
  • GF Value™: 円2,308.53 vs. price of 円2,162.00 (6.3% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 92.8% below the Waste Management median (#229 of 233)

No single metric tells the full story. See the TSE:6564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Midac Holdings Co Business Description

Other Exchanges 6564:Japan
Address 2163 Aritama Minamimachi, Higashi-ku, Shizuoka Prefecture, Hamamastu, JPN, 431-3122
Midac Holdings Co Ltd is engaged in the waste disposal business. It engages in the collection, transportation, and disposal of industrial waste, specially controlled industrial waste, and business-related general waste, household-related general waste, and consignment from local governments. It is also engaged in the recycling business.
90GF Score

Get the complete analysis for TSE:6564

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

円2,162.00
Price
円2,308.53
GF Value