MizunoTSE:8022 +2.74%88 Days Payable is 34.76 as of Mar. 2026, which is 39% below its 10-year median of 57.29. GuruFocus rates TSE:8022 with a GF Score™ of 88/100 and a GF Value™ of 円2,908.80 (Modestly Overvalued). Among 1,095 Retail - Cyclical companies, Mizuno ranks worse than 65.84% on this metric.
Mizuno's average Accounts Payable for the
three
months ended in Mar. 2026 was 円16,017 Mil. Mizuno's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円42,044 Mil.
Hence, Mizuno's Days Payable for the
three
months ended in Mar. 2026 was 34.76.
The historical rank and industry rank for Mizuno's Days Payable or its related term are showing as below:
TSE:8022'
s Days Payable Range Over the Past 10 Years
Min: 37.21 Med: 57.29 Max: 63.56
Current: 37.21
During the past 13 years, Mizuno's highest Days Payable was 63.56. The lowest was 37.21. And the median was 57.29.
TSE:8022's Days Payable is ranked worse than 65.84% of 1095
companies
in the Retail - Cyclical industry
Industry Median: 51.85
vs TSE:8022: 37.21
Mizuno's Days Payable
declined
from Mar. 2025 (35.83) to Mar. 2026 (34.76).
It may suggest that Mizunoaccelerated paying its suppliers.
Mizuno Days Payable Related Terms
Mizuno Days Payable Historical Data
* Premium members only.
The historical data trend for Mizuno'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:8022 vs CASY, WSM, DKS: Days Payable Comparison
For the Specialty Retail subindustry, Mizuno'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.
Mizuno Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mizuno's Days Payable distribution charts can be found below:
* The bar in red indicates where Mizuno'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.
Mizuno'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.
Mizuno (TSE:8022) has a Days Payable of 34.76 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 Mizuno and its competitors. This is 39% below median its historical median of 57.29. Over the past decade, Mizuno's Days Payable has ranged from 37.21 to 63.56. According to the industry distribution chart, Mizuno ranks #721 out of 1095 companies in the Retail - Cyclical industry, placing it in the top 65.8%.
Is Mizuno's Days Payable too high?
Mizuno's current Days Payable of 34.76 is 39% below median its 10-year median of 57.29. Over the past 10 years, this metric has ranged from a low of 37.21 to a high of 63.56. The Retail - Cyclical industry median Days Payable is 51.85. Mizuno's value of 34.76 is 33% below this industry median. Based on the distribution chart, Mizuno ranks #721 out of 1095 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Mizuno has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mizuno's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mizuno ranks #721 out of 1095 companies for Days Payable. This places Mizuno in the lower half of its industry. The industry median Days Payable is 51.85. Mizuno's value of 34.76 is 33% below this benchmark. Historically, Mizuno's own Days Payable has ranged from 37.21 to 63.56 over the past decade. While the company's 10-year median is 57.29 vs. the industry median of 51.85, Mizuno 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.85, based on 1,095 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. Mizuno's current Days Payable of 34.76 is 33% 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 Mizuno and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mizuno's current Days Payable is 34.76, which is 39% below median its own 10-year median of 57.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mizuno stock overvalued right now?
Based on GuruFocus' analysis, Mizuno (TSE:8022) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,908.80, compared to a current price of 円3,370.00 — trading 15.9% above its estimated fair value. The current Days Payable is 34.76, which is 39% below median its 10-year median of 57.29 and 33% below the Retail - Cyclical industry median of 51.85. Mizuno's overall GF Score™ is 88/100. 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 Mizuno (TSE:8022), the current Days Payable is 34.76 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 Mizuno (TSE:8022) Overvalued in 2026?
Based on GuruFocus' analysis, Mizuno stock appears to be overvalued.
The current stock price of 円3,370.00 is trading 15.9% above its estimated GF Value™ of 円2,908.80.
GuruFocus considers Mizuno to be Modestly Overvalued.
Key valuation signals for TSE:8022:
Days Payable: 34.76 (39% below median its 10-year median of 57.29)
GF Value™: 円2,908.80 vs. price of 円3,370.00 (15.9% above fair value)
Industry Position: 33% below the Retail - Cyclical median (#721 of 1095)
No single metric tells the full story. See the TSE:8022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.
88GF Score
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