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Harada Industry CoTSE:6904 +0.45%64 Days Payable is 21.86 as of Mar. 2026, which is 41% below its 10-year median of 37.24. GuruFocus rates TSE:6904 with a GF Score™ of 64/100 and a GF Value™ of 円507.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,440 Hardware companies, Harada Industry Co ranks worse than 89.02% on this metric.
The historical rank and industry rank for Harada Industry Co's Days Payable or its related term are showing as below:
TSE:6904'
s Days Payable Range Over the Past 10 Years
Min: 26.81 Med: 37.24 Max: 43.44
Current: 26.81
During the past 13 years, Harada Industry Co's highest Days Payable was 43.44. The lowest was 26.81. And the median was 37.24.
TSE:6904's Days Payable is ranked worse than 89.02% of 2440
companies
in the Hardware industry
Industry Median: 69.605
vs TSE:6904: 26.81
Harada Industry Co's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (21.86).
It may suggest that Harada Industry Codelayed paying its suppliers.
The historical data trend for Harada Industry 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:6904 vs CSCO, MSI, HPE: Days Payable Comparison
For the Communication Equipment subindustry, Harada Industry 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.
Harada Industry Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Harada Industry Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Harada Industry 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.
Harada Industry 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.
Harada Industry Co (TSE:6904) has a Days Payable of 21.86 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 Harada Industry Co and its competitors. This is 41% below median its historical median of 37.24. Over the past decade, Harada Industry Co's Days Payable has ranged from 26.81 to 43.44. According to the industry distribution chart, Harada Industry Co ranks #2172 out of 2440 companies in the Hardware industry, placing it in the top 89%.
Is Harada Industry Co's Days Payable too high?
Harada Industry Co's current Days Payable of 21.86 is 41% below median its 10-year median of 37.24. Over the past 10 years, this metric has ranged from a low of 26.81 to a high of 43.44. The Hardware industry median Days Payable is 69.61. Harada Industry Co's value of 21.86 is 68.6% below this industry median. Based on the distribution chart, Harada Industry Co ranks #2172 out of 2440 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Harada Industry Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harada Industry Co's Days Payable compare to CSCO and MSI?
According to the Hardware industry distribution chart, Harada Industry Co ranks #2172 out of 2440 companies for Days Payable. This places Harada Industry Co in the lower half of its industry. The industry median Days Payable is 69.61. Harada Industry Co's value of 21.86 is 68.6% below this benchmark. Historically, Harada Industry Co's own Days Payable has ranged from 26.81 to 43.44 over the past decade. While the company's 10-year median is 37.24 vs. the industry median of 69.61, Harada Industry 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 69.61, based on 2,440 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. Harada Industry Co's current Days Payable of 21.86 is 68.6% 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 Harada Industry Co and its competitors. For the Hardware industry, the median Days Payable is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harada Industry Co's current Days Payable is 21.86, which is 41% below median its own 10-year median of 37.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harada Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Harada Industry Co (TSE:6904) is currently considered Modestly Undervalued. The stock's GF Value™ is 円507.81, compared to a current price of 円451.00 — trading 11.2% below its estimated fair value. The current Days Payable is 21.86, which is 41% below median its 10-year median of 37.24 and 68.6% below the Hardware industry median of 69.61. Harada Industry Co's overall GF Score™ is 64/100 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 Harada Industry Co (TSE:6904), the current Days Payable is 21.86 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 Harada Industry Co (TSE:6904) Overvalued in 2026?
Based on GuruFocus' analysis, Harada Industry Co stock appears to be undervalued.
The current stock price of 円451.00 is trading 11.2% below its estimated GF Value™ of 円507.81.
GuruFocus considers Harada Industry Co to be Modestly Undervalued.
Key valuation signals for TSE:6904:
Days Payable: 21.86 (41% below median its 10-year median of 37.24)
GF Value™: 円507.81 vs. price of 円451.00 (11.2% below fair value)
Industry Position: 68.6% below the Hardware median (#2172 of 2440)
No single metric tells the full story. See the TSE:6904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harada Industry Co Ltd manufactures and sells automotive antennas, wireless and data communications antennas, mobile device antennas, actuators, and various automotive parts, electronic devices, and components. It manufactures antennas for radio, GPS, telephone, DSRC, ETC, television. It also provides cables, such as copper clad aluminum, coaxial, and shielded twisted pair cables, as well as connectors.
64GF Score
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