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Minato HoldingsTSE:6862 -1.05%76 Days Payable is 32.76 as of Mar. 2026, which is 9% above its 10-year median of 29.97. GuruFocus rates TSE:6862 with a GF Score™ of 76/100 and a GF Value™ of 円1,540.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,442 Hardware companies, Minato Holdings ranks worse than 86.12% on this metric.
The historical data trend for Minato Holdings'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:6862 vs DELL, ANET, SNDK: Days Payable Comparison
For the Computer Hardware subindustry, Minato Holdings'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.
Minato Holdings Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Minato Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Minato Holdings'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.
Minato Holdings'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.
Minato Holdings (TSE:6862) has a Days Payable of 32.76 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 Minato Holdings and its competitors. This is near median its historical median of 29.97. Over the past decade, Minato Holdings' Days Payable has ranged from 13.58 to 34.79. According to the industry distribution chart, Minato Holdings ranks #2103 out of 2442 companies in the Hardware industry, placing it in the top 86.1%.
Is Minato Holdings' Days Payable too high?
Minato Holdings' current Days Payable of 32.76 is near median its 10-year median of 29.97. Over the past 10 years, this metric has ranged from a low of 13.58 to a high of 34.79. The Hardware industry median Days Payable is 70.07. Minato Holdings' value of 32.76 is 53.2% below this industry median. Based on the distribution chart, Minato Holdings ranks #2103 out of 2442 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Minato Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minato Holdings' Days Payable compare to DELL and ANET?
According to the Hardware industry distribution chart, Minato Holdings ranks #2103 out of 2442 companies for Days Payable. This places Minato Holdings in the lower half of its industry. The industry median Days Payable is 70.07. Minato Holdings' value of 32.76 is 53.2% below this benchmark. Historically, Minato Holdings' own Days Payable has ranged from 13.58 to 34.79 over the past decade. While the company's 10-year median is 29.97 vs. the industry median of 70.07, Minato Holdings 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 70.07, based on 2,442 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. Minato Holdings's current Days Payable of 32.76 is 53.2% 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 Minato Holdings and its competitors. For the Hardware industry, the median Days Payable is 70.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minato Holdings's current Days Payable is 32.76, which is near median its own 10-year median of 29.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minato Holdings stock overvalued right now?
Based on GuruFocus' analysis, Minato Holdings (TSE:6862) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,540.12, compared to a current price of 円3,300.00 — trading 114.3% above its estimated fair value. The current Days Payable is 32.76, which is near median its 10-year median of 29.97 and 53.2% below the Hardware industry median of 70.07. Minato Holdings' overall GF Score™ is 76/100 with 4 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 Minato Holdings (TSE:6862), the current Days Payable is 32.76 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 Minato Holdings (TSE:6862) Overvalued in 2026?
Based on GuruFocus' analysis, Minato Holdings stock appears to be overvalued.
The current stock price of 円3,300.00 is trading 114.3% above its estimated GF Value™ of 円1,540.12.
GuruFocus considers Minato Holdings to be Significantly Overvalued.
Key valuation signals for TSE:6862:
Days Payable: 32.76 (near median its 10-year median of 29.97)
GF Value™: 円1,540.12 vs. price of 円3,300.00 (114.3% above fair value)
Industry Position: 53.2% below the Hardware median (#2103 of 2442)
No single metric tells the full story. See the TSE:6862 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minato Holdings Inc is a Japan-based company engaged in four core business segments: Digital Devices, Digital Engineering, ICT Products, and Others. The Digital Devices segment includes the manufacturing and sale of industrial-use memory modules like DIMMs, as well as eMMC, eMCP, and mobile accessories. The Digital Engineering segment covers device programming, digital signage systems, and software and hardware development, including OEM and ODM services. The ICT Products segment handles the sale and maintenance of digital AV equipment and PCs. The Others segment includes investments in domestic ventures and solar power projects.
76GF Score
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