Maruwn (TSE:9067) Days Payable: 21.60 (As of Mar. 2026) — 22% Below Median


TSE:9067 Maruwn Corp TSE:9067
37 GF Score
Price 円942.00
GF Value 円448.09
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Maruwn Days Payable?

Maruwn TSE:9067 37 Days Payable is 21.60 as of Mar. 2026, which is 22% below its 10-year median of 27.63. GuruFocus rates TSE:9067 with a GF Score™ of 37/100 and a GF Value™ of 円448.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 968 Transportation companies, Maruwn ranks worse than 77.27% on this metric.

Maruwn's average Accounts Payable for the six months ended in Mar. 2026 was 円2,564 Mil. Maruwn's Cost of Goods Sold for the six months ended in Mar. 2026 was 円21,661 Mil. Hence, Maruwn's Days Payable for the six months ended in Mar. 2026 was 21.60.

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

TSE:9067' s Days Payable Range Over the Past 10 Years
Min: 21.84   Med: 27.63   Max: 34.48
Current: 21.84

During the past 13 years, Maruwn's highest Days Payable was 34.48. The lowest was 21.84. And the median was 27.63.

TSE:9067's Days Payable is ranked worse than
77.27% of 968 companies
in the Transportation industry
Industry Median: 39.085 vs TSE:9067: 21.84

Maruwn's Days Payable increased from Mar. 2025 (20.77) to Mar. 2026 (21.60). It may suggest that Maruwn delayed paying its suppliers.


Maruwn Days Payable Historical Data

* Premium members only.

The historical data trend for Maruwn'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.

Maruwn Days Payable Chart

Maruwn 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 26.79 23.62 23.22 21.87 22.16

Maruwn Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 21.31 21.52 20.77 21.76 21.60

TSE:9067 vs ODFL, XPO, SAIA: Days Payable Comparison

For the Trucking subindustry, Maruwn'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.


Maruwn Days Payable vs Transportation Industry

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

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


TSE:9067
37GF Score
Maruwn Corp TSE:9067
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruwn 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.

Maruwn'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
=( (2490 + 2663) / 2 ) / 42436*365
=2576.5 / 42436*365
=22.16

Maruwn'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2464 + 2663) / 2 ) / 21661*365 / 2
=2563.5 / 21661*365 / 2
=21.60

* 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 21.60 mean?
Maruwn (TSE:9067) has a Days Payable of 21.60 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 Maruwn and its competitors. This is 22% below median its historical median of 27.63. Over the past decade, Maruwn's Days Payable has ranged from 21.84 to 34.48. According to the industry distribution chart, Maruwn ranks #748 out of 968 companies in the Transportation industry, placing it in the top 77.3%.
Is Maruwn's Days Payable too high?
Maruwn's current Days Payable of 21.60 is 22% below median its 10-year median of 27.63. Over the past 10 years, this metric has ranged from a low of 21.84 to a high of 34.48. The Transportation industry median Days Payable is 39.09. Maruwn's value of 21.60 is 44.7% below this industry median. Based on the distribution chart, Maruwn ranks #748 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Maruwn has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruwn's Days Payable compare to ODFL and XPO?
According to the Transportation industry distribution chart, Maruwn ranks #748 out of 968 companies for Days Payable. This places Maruwn in the lower half of its industry. The industry median Days Payable is 39.09. Maruwn's value of 21.60 is 44.7% below this benchmark. Historically, Maruwn's own Days Payable has ranged from 21.84 to 34.48 over the past decade. While the company's 10-year median is 27.63 vs. the industry median of 39.09, Maruwn 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 Transportation company?
The median Days Payable among Transportation companies is 39.09, based on 968 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. Maruwn's current Days Payable of 21.60 is 44.7% 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 Maruwn and its competitors. For the Transportation industry, the median Days Payable is 39.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruwn's current Days Payable is 21.60, which is 22% below median its own 10-year median of 27.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruwn stock overvalued right now?
Based on GuruFocus' analysis, Maruwn (TSE:9067) is currently considered Significantly Overvalued. The stock's GF Value™ is 円448.09, compared to a current price of 円942.00 — trading 110.2% above its estimated fair value. The current Days Payable is 21.60, which is 22% below median its 10-year median of 27.63 and 44.7% below the Transportation industry median of 39.09. Maruwn's overall GF Score™ is 37/100 with 6 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 Maruwn (TSE:9067), the current Days Payable is 21.60 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 Maruwn (TSE:9067) Overvalued in 2026?

Based on GuruFocus' analysis, Maruwn stock appears to be overvalued. The current stock price of 円942.00 is trading 110.2% above its estimated GF Value™ of 円448.09. GuruFocus considers Maruwn to be Significantly Overvalued.

Key valuation signals for TSE:9067:

  • Days Payable: 21.60 (22% below median its 10-year median of 27.63)
  • GF Value™: 円448.09 vs. price of 円942.00 (110.2% above fair value)
  • GF Score™: 37/100 with 6 warning signs
  • Industry Position: 44.7% below the Transportation median (#748 of 968)

No single metric tells the full story. See the TSE:9067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruwn Business Description

Address No. 7 No. 2, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0016
Maruwn Corp is engaged in the logistics business in Japan. It offers various logistics services including general cargo such as daily goods, special cargo such as heavy goods and long items, liquid hazardous goods such as petroleum products and lubricants, multi-temperature range products such as foods and medical equipment.
37GF Score

Get the complete analysis for TSE:9067

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

円942.00
Price
円448.09
GF Value