Mimaki Engineering CoTSE:6638 -0.86%84 Days Payable is 33.32 as of Mar. 2026, which is 10% below its 10-year median of 37.22. GuruFocus rates TSE:6638 with a GF Score™ of 84/100 and a GF Value™ of 円1,604.01 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,437 Hardware companies, Mimaki Engineering Co ranks worse than 82.68% on this metric.
Mimaki Engineering Co Days Payable Historical Data
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The historical data trend for Mimaki Engineering 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.
TSE:6638 vs SNX, ARW, AVT: Days Payable Comparison
For the Electronics & Computer Distribution subindustry, Mimaki Engineering 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.
Mimaki Engineering Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Mimaki Engineering Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Mimaki Engineering Co's Days Payable falls into.
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.
Mimaki Engineering Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Mimaki Engineering Co (TSE:6638) has a Days Payable of 33.32 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 Mimaki Engineering Co and its competitors. This is 10% below median its historical median of 37.22. Over the past decade, Mimaki Engineering Co's Days Payable has ranged from 28.85 to 51.30. According to the industry distribution chart, Mimaki Engineering Co ranks #2015 out of 2437 companies in the Hardware industry, placing it in the top 82.7%.
Is Mimaki Engineering Co's Days Payable too high?
Mimaki Engineering Co's current Days Payable of 33.32 is 10% below median its 10-year median of 37.22. Over the past 10 years, this metric has ranged from a low of 28.85 to a high of 51.30. The Hardware industry median Days Payable is 69.89. Mimaki Engineering Co's value of 33.32 is 52.3% below this industry median. Based on the distribution chart, Mimaki Engineering Co ranks #2015 out of 2437 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Mimaki Engineering Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mimaki Engineering Co's Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Mimaki Engineering Co ranks #2015 out of 2437 companies for Days Payable. This places Mimaki Engineering Co in the lower half of its industry. The industry median Days Payable is 69.89. Mimaki Engineering Co's value of 33.32 is 52.3% below this benchmark. Historically, Mimaki Engineering Co's own Days Payable has ranged from 28.85 to 51.30 over the past decade. While the company's 10-year median is 37.22 vs. the industry median of 69.89, Mimaki Engineering 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,437 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. Mimaki Engineering Co's current Days Payable of 33.32 is 52.3% 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 Mimaki Engineering Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mimaki Engineering Co's current Days Payable is 33.32, which is 10% below median its own 10-year median of 37.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mimaki Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Mimaki Engineering Co (TSE:6638) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,604.01, compared to a current price of 円1,971.00 — trading 22.9% above its estimated fair value. The current Days Payable is 33.32, which is 10% below median its 10-year median of 37.22 and 52.3% below the Hardware industry median of 69.89. Mimaki Engineering Co's overall GF Score™ is 84/100 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 Mimaki Engineering Co (TSE:6638), the current Days Payable is 33.32 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 Mimaki Engineering Co (TSE:6638) Overvalued in 2026?
Based on GuruFocus' analysis, Mimaki Engineering Co stock appears to be overvalued.
The current stock price of 円1,971.00 is trading 22.9% above its estimated GF Value™ of 円1,604.01.
GuruFocus considers Mimaki Engineering Co to be Modestly Overvalued.
Key valuation signals for TSE:6638:
Days Payable: 33.32 (10% below median its 10-year median of 37.22)
GF Value™: 円1,604.01 vs. price of 円1,971.00 (22.9% above fair value)
Industry Position: 52.3% below the Hardware median (#2015 of 2437)
No single metric tells the full story. See the TSE:6638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mimaki Engineering Co Ltd manufactures and sells computer devices and software mainly in Japan. Its product offerings include inkjet printers, cutting plotters, 3D printer, laminator and desktop modeling plotters. In addition, the company also provides color management and cutting software. Mimaki also offers maintenance and repair services. Its segments include: Japan, Asia, Ceania; North, Central and South America; and Europe, Middle East, Africa Rika.
84GF Score
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