MORIO DENKI Co (TSE:6647) Days Payable: 31.16 (As of Mar. 2026) — 33% Below Median

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TSE:6647 MORIO DENKI Co Ltd TSE:6647
68 GF Score
Price 円2,900.00
GF Value 円1,983.73
Valuation Significantly Overvalued
! 3 Warning Signs
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What is MORIO DENKI Co Days Payable?

MORIO DENKI Co TSE:6647 +8.94% 68 Days Payable is 31.16 as of Mar. 2026, which is 33% below its 10-year median of 46.84. GuruFocus rates TSE:6647 with a GF Score™ of 68/100 and a GF Value™ of 円1,983.73 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, MORIO DENKI Co ranks worse than 84.87% on this metric.

MORIO DENKI Co's average Accounts Payable for the six months ended in Mar. 2026 was 円618 Mil. MORIO DENKI Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,618 Mil. Hence, MORIO DENKI Co's Days Payable for the six months ended in Mar. 2026 was 31.16.

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

TSE:6647' s Days Payable Range Over the Past 10 Years
Min: 30.94   Med: 46.84   Max: 60.94
Current: 33.06

During the past 13 years, MORIO DENKI Co's highest Days Payable was 60.94. The lowest was 30.94. And the median was 46.84.

TSE:6647's Days Payable is ranked worse than
84.87% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs TSE:6647: 33.06

MORIO DENKI Co's Days Payable increased from Mar. 2025 (28.83) to Mar. 2026 (31.16). It may suggest that MORIO DENKI Co delayed paying its suppliers.


MORIO DENKI Co Days Payable Historical Data

* Premium members only.

The historical data trend for MORIO DENKI 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.

MORIO DENKI Co Days Payable Chart

MORIO DENKI 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 46.31 42.50 40.56 31.50 30.94

MORIO DENKI 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 42.80 37.38 28.83 37.66 31.16

TSE:6647 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, MORIO DENKI 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.


MORIO DENKI Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MORIO DENKI Co's Days Payable distribution charts can be found below:

* The bar in red indicates where MORIO DENKI Co's Days Payable falls into.


TSE:6647
68GF Score
MORIO DENKI Co Ltd TSE:6647
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MORIO DENKI 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.

MORIO DENKI 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
=( (565.878 + 558.311) / 2 ) / 6630.126*365
=562.0945 / 6630.126*365
=30.94

MORIO DENKI 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
=( (677.174 + 558.311) / 2 ) / 3618.055*365 / 2
=617.7425 / 3618.055*365 / 2
=31.16

* 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 31.16 mean?
MORIO DENKI Co (TSE:6647) has a Days Payable of 31.16 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 MORIO DENKI Co and its competitors. This is 33% below median its historical median of 46.84. Over the past decade, MORIO DENKI Co's Days Payable has ranged from 30.94 to 60.94. According to the industry distribution chart, MORIO DENKI Co ranks #2541 out of 2994 companies in the Industrial Products industry, placing it in the top 84.9%.
Is MORIO DENKI Co's Days Payable too high?
MORIO DENKI Co's current Days Payable of 31.16 is 33% below median its 10-year median of 46.84. Over the past 10 years, this metric has ranged from a low of 30.94 to a high of 60.94. The Industrial Products industry median Days Payable is 78.07. MORIO DENKI Co's value of 31.16 is 60.1% below this industry median. Based on the distribution chart, MORIO DENKI Co ranks #2541 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, MORIO DENKI Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MORIO DENKI Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, MORIO DENKI Co ranks #2541 out of 2994 companies for Days Payable. This places MORIO DENKI Co in the lower half of its industry. The industry median Days Payable is 78.07. MORIO DENKI Co's value of 31.16 is 60.1% below this benchmark. Historically, MORIO DENKI Co's own Days Payable has ranged from 30.94 to 60.94 over the past decade. While the company's 10-year median is 46.84 vs. the industry median of 78.07, MORIO DENKI 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,994 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. MORIO DENKI Co's current Days Payable of 31.16 is 60.1% 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 MORIO DENKI Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MORIO DENKI Co's current Days Payable is 31.16, which is 33% below median its own 10-year median of 46.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MORIO DENKI Co stock overvalued right now?
Based on GuruFocus' analysis, MORIO DENKI Co (TSE:6647) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,983.73, compared to a current price of 円2,900.00 — trading 46.2% above its estimated fair value. The current Days Payable is 31.16, which is 33% below median its 10-year median of 46.84 and 60.1% below the Industrial Products industry median of 78.07. MORIO DENKI Co's overall GF Score™ is 68/100 with 3 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 MORIO DENKI Co (TSE:6647), the current Days Payable is 31.16 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 MORIO DENKI Co (TSE:6647) Overvalued in 2026?

Based on GuruFocus' analysis, MORIO DENKI Co stock appears to be overvalued. The current stock price of 円2,900.00 is trading 46.2% above its estimated GF Value™ of 円1,983.73. GuruFocus considers MORIO DENKI Co to be Significantly Overvalued.

Key valuation signals for TSE:6647:

  • Days Payable: 31.16 (33% below median its 10-year median of 46.84)
  • GF Value™: 円1,983.73 vs. price of 円2,900.00 (46.2% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 60.1% below the Industrial Products median (#2541 of 2994)

No single metric tells the full story. See the TSE:6647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MORIO DENKI Co Business Description

Address 4-34-1, Tateishi, Katsushika-ku, Tokyo, JPN, 125-0062
MORIO DENKI Co Ltd is an electrical equipment manufacturer. The company supplies various kinds of electric and electronic equipment for public transportation uses, such as rolling stock component parts at the core, traffic information display system, and electric equipment for ships.
68GF Score

Get the complete analysis for TSE:6647

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

円2,900.00
Price
円1,983.73
GF Value