HIRAGA Co (TSE:7863) Days Payable: 42.52 (As of Mar. 2026) — 25% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7863 HIRAGA Co Ltd TSE:7863
79 GF Score
Price 円948.00
GF Value 円1,032.68
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is HIRAGA Co Days Payable?

HIRAGA Co TSE:7863 +0.96% 79 Days Payable is 42.52 as of Mar. 2026, which is 25% above its 10-year median of 34.01. GuruFocus rates TSE:7863 with a GF Score™ of 79/100 and a GF Value™ of 円1,032.68 (Fairly Valued). The stock has 3 warning signs investors should review. Among 950 Business Services companies, HIRAGA Co ranks worse than 60.95% on this metric.

HIRAGA Co's average Accounts Payable for the three months ended in Mar. 2026 was 円790 Mil. HIRAGA Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円1,696 Mil. Hence, HIRAGA Co's Days Payable for the three months ended in Mar. 2026 was 42.52.

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

TSE:7863' s Days Payable Range Over the Past 10 Years
Min: 29.17   Med: 34.01   Max: 36.46
Current: 31.59

During the past 13 years, HIRAGA Co's highest Days Payable was 36.46. The lowest was 29.17. And the median was 34.01.

TSE:7863's Days Payable is ranked worse than
60.95% of 950 companies
in the Business Services industry
Industry Median: 43.895 vs TSE:7863: 31.59

HIRAGA Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (42.52). It may suggest that HIRAGA Co delayed paying its suppliers.


HIRAGA Co Days Payable Historical Data

* Premium members only.

The historical data trend for HIRAGA 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.

HIRAGA Co Days Payable Chart

HIRAGA 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 33.18 34.84 35.45 36.46 30.51

HIRAGA Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 30.46 28.86 30.62 42.52 29.13

TSE:7863 vs CTAS, CPRT, GPN: Days Payable Comparison

For the Specialty Business Services subindustry, HIRAGA 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.


HIRAGA Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, HIRAGA Co's Days Payable distribution charts can be found below:

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


TSE:7863
79GF Score
HIRAGA Co Ltd TSE:7863
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HIRAGA 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.

HIRAGA 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
=( (742.169 + 596.916) / 2 ) / 8009.785*365
=669.5425 / 8009.785*365
=30.51

HIRAGA 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
=( (983.613 + 596.916) / 2 ) / 1695.832*365 / 4
=790.2645 / 1695.832*365 / 4
=42.52

* 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 42.52 mean?
HIRAGA Co (TSE:7863) has a Days Payable of 42.52 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 HIRAGA Co and its competitors. This is 25% above median its historical median of 34.01. Over the past decade, HIRAGA Co's Days Payable has ranged from 29.17 to 36.46. According to the industry distribution chart, HIRAGA Co ranks #579 out of 950 companies in the Business Services industry, placing it in the top 60.9%.
Is HIRAGA Co's Days Payable too high?
HIRAGA Co's current Days Payable of 42.52 is 25% above median its 10-year median of 34.01. Over the past 10 years, this metric has ranged from a low of 29.17 to a high of 36.46. The Business Services industry median Days Payable is 43.90. HIRAGA Co's value of 42.52 is 3.1% below this industry median. Based on the distribution chart, HIRAGA Co ranks #579 out of 950 companies in the Business Services industry, which is below the industry midpoint. Overall, HIRAGA Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HIRAGA Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, HIRAGA Co ranks #579 out of 950 companies for Days Payable. This places HIRAGA Co in the lower half of its industry. The industry median Days Payable is 43.90. HIRAGA Co's value of 42.52 is 3.1% below this benchmark. Historically, HIRAGA Co's own Days Payable has ranged from 29.17 to 36.46 over the past decade. While the company's 10-year median is 34.01 vs. the industry median of 43.90, HIRAGA 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 Business Services company?
The median Days Payable among Business Services companies is 43.90, based on 950 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. HIRAGA Co's current Days Payable of 42.52 is 3.1% 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 HIRAGA Co and its competitors. For the Business Services industry, the median Days Payable is 43.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIRAGA Co's current Days Payable is 42.52, which is 25% above median its own 10-year median of 34.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIRAGA Co stock overvalued right now?
Based on GuruFocus' analysis, HIRAGA Co (TSE:7863) is currently considered Fairly Valued. The stock's GF Value™ is 円1,032.68, compared to a current price of 円948.00 — trading 8.2% below its estimated fair value. The current Days Payable is 42.52, which is 25% above median its 10-year median of 34.01 and 3.1% below the Business Services industry median of 43.90. HIRAGA Co's overall GF Score™ is 79/100 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 HIRAGA Co (TSE:7863), the current Days Payable is 42.52 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 HIRAGA Co (TSE:7863) Overvalued in 2026?

Based on GuruFocus' analysis, HIRAGA Co stock appears to be undervalued. The current stock price of 円948.00 is trading 8.2% below its estimated GF Value™ of 円1,032.68. GuruFocus considers HIRAGA Co to be Fairly Valued.

Key valuation signals for TSE:7863:

  • Days Payable: 42.52 (25% above median its 10-year median of 34.01)
  • GF Value™: 円1,032.68 vs. price of 円948.00 (8.2% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 3.1% below the Business Services median (#579 of 950)

No single metric tells the full story. See the TSE:7863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HIRAGA Co Business Description

Address 3-2-5 Toyotama Kita, Tokyo, JPN
HIRAGA Co Ltd provides total printing services. It operates in two segments namely the advertisement promotion segment and the sales promotion and entertainment segment. It also involves in designing and printing flyers, paper bags and wrapping paper.
79GF Score

Get the complete analysis for TSE:7863

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

円948.00
Price
円1,032.68
GF Value