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Meiji Shipping Group CoTSE:9115 +5.87%68 Days Payable is 37.13 as of Mar. 2026, which is 83% above its 10-year median of 20.31. GuruFocus rates TSE:9115 with a GF Score™ of 68/100 and a GF Value™ of 円655.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 974 Transportation companies, Meiji Shipping Group Co ranks worse than 50.82% on this metric.
* 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:9115 vs UPS, FDX, EXPD: Days Payable Comparison
For the Integrated Freight & Logistics subindustry, Meiji Shipping Group 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.
Meiji Shipping Group Co Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Meiji Shipping Group Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Meiji Shipping Group Co'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.
Meiji Shipping Group Co'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.
Meiji Shipping Group Co (TSE:9115) has a Days Payable of 37.13 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 Meiji Shipping Group Co and its competitors. This is 83% above median its historical median of 20.31. Over the past decade, Meiji Shipping Group Co's Days Payable has ranged from 14.50 to 38.03. According to the industry distribution chart, Meiji Shipping Group Co ranks #495 out of 974 companies in the Transportation industry, placing it in the top 50.8%.
Is Meiji Shipping Group Co's Days Payable too high?
Meiji Shipping Group Co's current Days Payable of 37.13 is 83% above median its 10-year median of 20.31. Over the past 10 years, this metric has ranged from a low of 14.50 to a high of 38.03. The Transportation industry median Days Payable is 38.12. Meiji Shipping Group Co's value of 37.13 is 2.6% below this industry median. Based on the distribution chart, Meiji Shipping Group Co ranks #495 out of 974 companies in the Transportation industry, which is below the industry midpoint. Overall, Meiji Shipping Group Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Shipping Group Co's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Meiji Shipping Group Co ranks #495 out of 974 companies for Days Payable. This places Meiji Shipping Group Co in the lower half of its industry. The industry median Days Payable is 38.12. Meiji Shipping Group Co's value of 37.13 is 2.6% below this benchmark. Historically, Meiji Shipping Group Co's own Days Payable has ranged from 14.50 to 38.03 over the past decade. While the company's 10-year median is 20.31 vs. the industry median of 38.12, Meiji Shipping Group 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 Transportation company?
The median Days Payable among Transportation companies is 38.12, based on 974 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. Meiji Shipping Group Co's current Days Payable of 37.13 is 2.6% 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 Meiji Shipping Group Co and its competitors. For the Transportation industry, the median Days Payable is 38.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiji Shipping Group Co's current Days Payable is 37.13, which is 83% above median its own 10-year median of 20.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Shipping Group Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Shipping Group Co (TSE:9115) is currently considered Significantly Overvalued. The stock's GF Value™ is 円655.76, compared to a current price of 円1,100.00 — trading 67.7% above its estimated fair value. The current Days Payable is 37.13, which is 83% above median its 10-year median of 20.31 and 2.6% below the Transportation industry median of 38.12. Meiji Shipping Group Co's overall GF Score™ is 68/100 with 5 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 Meiji Shipping Group Co (TSE:9115), the current Days Payable is 37.13 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 Meiji Shipping Group Co (TSE:9115) Overvalued in 2026?
Based on GuruFocus' analysis, Meiji Shipping Group Co stock appears to be overvalued.
The current stock price of 円1,100.00 is trading 67.7% above its estimated GF Value™ of 円655.76.
GuruFocus considers Meiji Shipping Group Co to be Significantly Overvalued.
Key valuation signals for TSE:9115:
Days Payable: 37.13 (83% above median its 10-year median of 20.31)
GF Value™: 円655.76 vs. price of 円1,100.00 (67.7% above fair value)
Industry Position: 2.6% below the Transportation median (#495 of 974)
No single metric tells the full story. See the TSE:9115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiji Shipping Group Co Ltd is engaged in maritime business, shipping business, hotel business, and other business. The company owns tankers, bulk carrier, container carrier, and wood chip carrier.
68GF Score
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