Mitani (TSE:8066) Days Payable: 69.39 (As of Mar. 2026) — Near Median

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TSE:8066 Mitani Corp TSE:8066
76 GF Score
Price 円2,773.00
GF Value 円2,127.07
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Mitani Days Payable?

Mitani TSE:8066 +1.02% 76 Days Payable is 69.39 as of Mar. 2026, which is 1% above its 10-year median of 68.49. GuruFocus rates TSE:8066 with a GF Score™ of 76/100 and a GF Value™ of 円2,127.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 509 Conglomerates companies, Mitani ranks better than 62.48% on this metric.

Mitani's average Accounts Payable for the three months ended in Mar. 2026 was 円56,141 Mil. Mitani's Cost of Goods Sold for the three months ended in Mar. 2026 was 円73,824 Mil. Hence, Mitani's Days Payable for the three months ended in Mar. 2026 was 69.39.

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

TSE:8066' s Days Payable Range Over the Past 10 Years
Min: 54.16   Med: 68.49   Max: 79.29
Current: 70.82

During the past 13 years, Mitani's highest Days Payable was 79.29. The lowest was 54.16. And the median was 68.49.

TSE:8066's Days Payable is ranked better than
62.48% of 509 companies
in the Conglomerates industry
Industry Median: 56.18 vs TSE:8066: 70.82

Mitani's Days Payable increased from Mar. 2025 (68.31) to Mar. 2026 (69.39). It may suggest that Mitani delayed paying its suppliers.


Mitani Days Payable Historical Data

* Premium members only.

The historical data trend for Mitani'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.

Mitani Days Payable Chart

Mitani 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 79.29 73.75 75.13 73.51 69.96

Mitani 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 68.31 74.58 69.37 71.21 69.39

TSE:8066 vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Mitani'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.


Mitani Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitani's Days Payable distribution charts can be found below:

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


TSE:8066
76GF Score
Mitani Corp TSE:8066
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitani 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.

Mitani'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
=( (53071 + 52883) / 2 ) / 276398*365
=52977 / 276398*365
=69.96

Mitani'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
=( (59398 + 52883) / 2 ) / 73824*365 / 4
=56140.5 / 73824*365 / 4
=69.39

* 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 69.39 mean?
Mitani (TSE:8066) has a Days Payable of 69.39 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 Mitani and its competitors. This is near median its historical median of 68.49. Over the past decade, Mitani's Days Payable has ranged from 54.16 to 79.29. According to the industry distribution chart, Mitani ranks #191 out of 509 companies in the Conglomerates industry, placing it in the top 37.5%.
Is Mitani's Days Payable too high?
Mitani's current Days Payable of 69.39 is near median its 10-year median of 68.49. Over the past 10 years, this metric has ranged from a low of 54.16 to a high of 79.29. The Conglomerates industry median Days Payable is 56.18. Mitani's value of 69.39 is 23.5% above this industry median. Based on the distribution chart, Mitani ranks #191 out of 509 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mitani has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitani's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mitani ranks #191 out of 509 companies for Days Payable. This puts Mitani in the upper half of its industry. The industry median Days Payable is 56.18. Mitani's value of 69.39 is 23.5% above this benchmark. Historically, Mitani's own Days Payable has ranged from 54.16 to 79.29 over the past decade. While the company's 10-year median is 68.49 vs. the industry median of 56.18, Mitani has consistently been above 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.18, based on 509 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. Mitani's current Days Payable of 69.39 is 23.5% above 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 Mitani and its competitors. For the Conglomerates industry, the median Days Payable is 56.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitani's current Days Payable is 69.39, which is near median its own 10-year median of 68.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitani stock overvalued right now?
Based on GuruFocus' analysis, Mitani (TSE:8066) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,127.07, compared to a current price of 円2,773.00 — trading 30.4% above its estimated fair value. The current Days Payable is 69.39, which is near median its 10-year median of 68.49 and 23.5% above the Conglomerates industry median of 56.18. Mitani's overall GF Score™ is 76/100 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 Mitani (TSE:8066), the current Days Payable is 69.39 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 Mitani (TSE:8066) Overvalued in 2026?

Based on GuruFocus' analysis, Mitani stock appears to be overvalued. The current stock price of 円2,773.00 is trading 30.4% above its estimated GF Value™ of 円2,127.07. GuruFocus considers Mitani to be Modestly Overvalued.

Key valuation signals for TSE:8066:

  • Days Payable: 69.39 (near median its 10-year median of 68.49)
  • GF Value™: 円2,127.07 vs. price of 円2,773.00 (30.4% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 23.5% above the Conglomerates median (#191 of 509)

No single metric tells the full story. See the TSE:8066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitani Business Description

Address 1-6-5 Marunouchi, Tokyo Marunouchi North Exit Building, 2 Floor, Chiyoda-ku, Tokyo, JPN
Mitani Corp is in the businesses of Information systems, Construction, Energy and other businesses. The firm's information systems business comprises of system integration focusing on planning, developing, managing and supporting computer systems, networks, and software as well as the sale of related devices. Construction business develops, sells and manages construction materials. Its energy business sells oil, petrochemical products, coal and liquid petroleum gas. Other businesses of the firm include wind power, industrial equipment, storage facilities, lease services, restaurant management and senior lifestyle businesses.
76GF Score

Get the complete analysis for TSE:8066

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

円2,773.00
Price
円2,127.07
GF Value