Murata Manufacturing Co (TSE:6981) Days Payable: 26.49 (As of Mar. 2026) — 11% Below Median


TSE:6981 Murata Manufacturing Co Ltd TSE:6981
72 GF Score
Price 円9,212.00
GF Value 円3,581.00
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Murata Manufacturing Co Days Payable?

Murata Manufacturing Co TSE:6981 -10.13% 72 Days Payable is 26.49 as of Mar. 2026, which is 11% below its 10-year median of 29.67. GuruFocus rates TSE:6981 with a GF Score™ of 72/100 and a GF Value™ of 円3,581.00 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,437 Hardware companies, Murata Manufacturing Co ranks worse than 90.15% on this metric.

Murata Manufacturing Co's average Accounts Payable for the three months ended in Mar. 2026 was 円75,919 Mil. Murata Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円261,517 Mil. Hence, Murata Manufacturing Co's Days Payable for the three months ended in Mar. 2026 was 26.49.

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

TSE:6981' s Days Payable Range Over the Past 10 Years
Min: 24.23   Med: 29.67   Max: 31.75
Current: 25.21

During the past 13 years, Murata Manufacturing Co's highest Days Payable was 31.75. The lowest was 24.23. And the median was 29.67.

TSE:6981's Days Payable is ranked worse than
90.15% of 2437 companies
in the Hardware industry
Industry Median: 69.89 vs TSE:6981: 25.21

Murata Manufacturing Co's Days Payable increased from Mar. 2025 (25.95) to Mar. 2026 (26.49). It may suggest that Murata Manufacturing Co delayed paying its suppliers.


Murata Manufacturing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Murata Manufacturing 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.

Murata Manufacturing Co Days Payable Chart

Murata Manufacturing 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 31.42 28.72 24.23 24.42 25.82

Murata Manufacturing Co 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 25.95 25.74 23.47 24.69 26.49

TSE:6981 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Murata Manufacturing 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.


Murata Manufacturing Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Murata Manufacturing Co's Days Payable falls into.


TSE:6981
72GF Score
Murata Manufacturing Co Ltd TSE:6981
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Murata Manufacturing 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.

Murata Manufacturing 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
=( (69617 + 79798) / 2 ) / 1056030*365
=74707.5 / 1056030*365
=25.82

Murata Manufacturing 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (72040 + 79798) / 2 ) / 261517*365 / 4
=75919 / 261517*365 / 4
=26.49

* 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 26.49 mean?
Murata Manufacturing Co (TSE:6981) has a Days Payable of 26.49 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 Murata Manufacturing Co and its competitors. This is 11% below median its historical median of 29.67. Over the past decade, Murata Manufacturing Co's Days Payable has ranged from 24.23 to 31.75. According to the industry distribution chart, Murata Manufacturing Co ranks #2197 out of 2437 companies in the Hardware industry, placing it in the top 90.2%.
Is Murata Manufacturing Co's Days Payable too high?
Murata Manufacturing Co's current Days Payable of 26.49 is 11% below median its 10-year median of 29.67. Over the past 10 years, this metric has ranged from a low of 24.23 to a high of 31.75. The Hardware industry median Days Payable is 69.89. Murata Manufacturing Co's value of 26.49 is 62.1% below this industry median. Based on the distribution chart, Murata Manufacturing Co ranks #2197 out of 2437 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Murata Manufacturing Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Murata Manufacturing Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Murata Manufacturing Co ranks #2197 out of 2437 companies for Days Payable. This places Murata Manufacturing Co in the lower half of its industry. The industry median Days Payable is 69.89. Murata Manufacturing Co's value of 26.49 is 62.1% below this benchmark. Historically, Murata Manufacturing Co's own Days Payable has ranged from 24.23 to 31.75 over the past decade. While the company's 10-year median is 29.67 vs. the industry median of 69.89, Murata Manufacturing 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. Murata Manufacturing Co's current Days Payable of 26.49 is 62.1% 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 Murata Manufacturing 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. Murata Manufacturing Co's current Days Payable is 26.49, which is 11% below median its own 10-year median of 29.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Murata Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Murata Manufacturing Co (TSE:6981) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,581.00, compared to a current price of 円9,212.00 — trading 157.2% above its estimated fair value. The current Days Payable is 26.49, which is 11% below median its 10-year median of 29.67 and 62.1% below the Hardware industry median of 69.89. Murata Manufacturing Co's overall GF Score™ is 72/100 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 Murata Manufacturing Co (TSE:6981), the current Days Payable is 26.49 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 Murata Manufacturing Co (TSE:6981) Overvalued in 2026?

Based on GuruFocus' analysis, Murata Manufacturing Co stock appears to be overvalued. The current stock price of 円9,212.00 is trading 157.2% above its estimated GF Value™ of 円3,581.00. GuruFocus considers Murata Manufacturing Co to be Significantly Overvalued.

Key valuation signals for TSE:6981:

  • Days Payable: 26.49 (11% below median its 10-year median of 29.67)
  • GF Value™: 円3,581.00 vs. price of 円9,212.00 (157.2% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 62.1% below the Hardware median (#2197 of 2437)

No single metric tells the full story. See the TSE:6981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Murata Manufacturing Co Business Description

Address 1-10-1 Higashikotari, Kyoto Prefecture, Nagaokakyo, JPN, 617-8555
Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the world's leading supplier of passive components, such as MLCC and SAW filters.
72GF Score

Get the complete analysis for TSE:6981

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

円9,212.00
Price
円3,581.00
GF Value