CMK (TSE:6958) Days Payable: 52.32 (As of Mar. 2026) — 12% Below Median

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TSE:6958 CMK Corp TSE:6958
70 GF Score
Price 円668.00
GF Value 円521.51
Valuation Modestly Overvalued
! 3 Warning Signs
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What is CMK Days Payable?

CMK TSE:6958 -2.77% 70 Days Payable is 52.32 as of Mar. 2026, which is 12% below its 10-year median of 59.40. GuruFocus rates TSE:6958 with a GF Score™ of 70/100 and a GF Value™ of 円521.51 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,443 Hardware companies, CMK ranks worse than 66.97% on this metric.

CMK's average Accounts Payable for the three months ended in Mar. 2026 was 円12,802 Mil. CMK's Cost of Goods Sold for the three months ended in Mar. 2026 was 円22,327 Mil. Hence, CMK's Days Payable for the three months ended in Mar. 2026 was 52.32.

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

TSE:6958' s Days Payable Range Over the Past 10 Years
Min: 51.31   Med: 59.4   Max: 62.37
Current: 51.31

During the past 13 years, CMK's highest Days Payable was 62.37. The lowest was 51.31. And the median was 59.40.

TSE:6958's Days Payable is ranked worse than
66.97% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs TSE:6958: 51.31

CMK's Days Payable increased from Mar. 2025 (50.53) to Mar. 2026 (52.32). It may suggest that CMK delayed paying its suppliers.


CMK Days Payable Historical Data

* Premium members only.

The historical data trend for CMK'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.

CMK Days Payable Chart

CMK 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 62.37 58.36 52.28 52.77 51.49

CMK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 50.53 53.40 48.87 50.57 52.32

TSE:6958 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, CMK'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.


CMK Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, CMK's Days Payable distribution charts can be found below:

* The bar in red indicates where CMK's Days Payable falls into.


TSE:6958
70GF Score
CMK Corp TSE:6958
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMK 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.

CMK'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
=( (11540 + 12519) / 2 ) / 85267*365
=12029.5 / 85267*365
=51.49

CMK'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
=( (13084 + 12519) / 2 ) / 22327*365 / 4
=12801.5 / 22327*365 / 4
=52.32

* 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 52.32 mean?
CMK (TSE:6958) has a Days Payable of 52.32 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 CMK and its competitors. This is 12% below median its historical median of 59.40. Over the past decade, CMK's Days Payable has ranged from 51.31 to 62.37. According to the industry distribution chart, CMK ranks #1636 out of 2443 companies in the Hardware industry, placing it in the top 67%.
Is CMK's Days Payable too high?
CMK's current Days Payable of 52.32 is 12% below median its 10-year median of 59.40. Over the past 10 years, this metric has ranged from a low of 51.31 to a high of 62.37. The Hardware industry median Days Payable is 69.89. CMK's value of 52.32 is 25.1% below this industry median. Based on the distribution chart, CMK ranks #1636 out of 2443 companies in the Hardware industry, which is below the industry midpoint. Overall, CMK has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CMK's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, CMK ranks #1636 out of 2443 companies for Days Payable. This places CMK in the lower half of its industry. The industry median Days Payable is 69.89. CMK's value of 52.32 is 25.1% below this benchmark. Historically, CMK's own Days Payable has ranged from 51.31 to 62.37 over the past decade. While the company's 10-year median is 59.40 vs. the industry median of 69.89, CMK 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 2,443 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. CMK's current Days Payable of 52.32 is 25.1% 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 CMK 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. CMK's current Days Payable is 52.32, which is 12% below median its own 10-year median of 59.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMK stock overvalued right now?
Based on GuruFocus' analysis, CMK (TSE:6958) is currently considered Modestly Overvalued. The stock's GF Value™ is 円521.51, compared to a current price of 円668.00 — trading 28.1% above its estimated fair value. The current Days Payable is 52.32, which is 12% below median its 10-year median of 59.40 and 25.1% below the Hardware industry median of 69.89. CMK's overall GF Score™ is 70/100 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 CMK (TSE:6958), the current Days Payable is 52.32 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 CMK (TSE:6958) Overvalued in 2026?

Based on GuruFocus' analysis, CMK stock appears to be overvalued. The current stock price of 円668.00 is trading 28.1% above its estimated GF Value™ of 円521.51. GuruFocus considers CMK to be Modestly Overvalued.

Key valuation signals for TSE:6958:

  • Days Payable: 52.32 (12% below median its 10-year median of 59.40)
  • GF Value™: 円521.51 vs. price of 円668.00 (28.1% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 25.1% below the Hardware median (#1636 of 2443)

No single metric tells the full story. See the TSE:6958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMK Business Description

Address 43F Shinjuku I-Land Tower Building, 6-5-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1388
CMK Corp engages in manufacturing, development, production, and marketing of printed circuit boards and electronic devices for a consumer and industrial use. Its product portfolio includes super fine PPBU, Craft, SEPT series, Zerowarp, CMK automotive printed wiring board, Cu inlay printed wiring board, Rigid Flex Series, ALIVH series, E-Spec environmentally friendly printed wiring boards, IVH multilayer printed wiring boards, through-hole multilayer printed wiring boards, and Double sided through-hole printed wiring boards. Its products are used in automobiles, digital cameras, video cameras, mobile communication devices, and audio-video visual equipments.
70GF Score

Get the complete analysis for TSE:6958

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

円668.00
Price
円521.51
GF Value