Maruken Lease Co (TSE:9763) Days Payable: 74.26 (As of Mar. 2026) — 42% Below 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:9763 Maruken Lease Co Ltd TSE:9763
77 GF Score
Price 円1,247.00
GF Value 円1,236.98
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Maruken Lease Co Days Payable?

Maruken Lease Co TSE:9763 -0.64% 77 Days Payable is 74.26 as of Mar. 2026, which is 42% below its 10-year median of 127.32. GuruFocus rates TSE:9763 with a GF Score™ of 77/100 and a GF Value™ of 円1,236.98 (Fairly Valued). The stock has 2 warning signs investors should review. Among 945 Business Services companies, Maruken Lease Co ranks better than 70.48% on this metric.

Maruken Lease Co's average Accounts Payable for the six months ended in Mar. 2026 was 円4,571 Mil. Maruken Lease Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円11,234 Mil. Hence, Maruken Lease Co's Days Payable for the six months ended in Mar. 2026 was 74.26.

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

TSE:9763' s Days Payable Range Over the Past 10 Years
Min: 82.63   Med: 127.32   Max: 146.71
Current: 82.63

During the past 13 years, Maruken Lease Co's highest Days Payable was 146.71. The lowest was 82.63. And the median was 127.32.

TSE:9763's Days Payable is ranked better than
70.48% of 945 companies
in the Business Services industry
Industry Median: 45.81 vs TSE:9763: 82.63

Maruken Lease Co's Days Payable declined from Mar. 2025 (102.37) to Mar. 2026 (74.26). It may suggest that Maruken Lease Co accelerated paying its suppliers.


Maruken Lease Co Days Payable Historical Data

* Premium members only.

The historical data trend for Maruken Lease 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.

Maruken Lease Co Days Payable Chart

Maruken Lease 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 127.01 127.63 114.70 105.70 87.08

Maruken Lease Co 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 93.75 98.16 102.37 87.02 74.26

TSE:9763 vs URI, SUNB, AER: Days Payable Comparison

For the Rental & Leasing Services subindustry, Maruken Lease 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.


Maruken Lease Co Days Payable vs Business Services Industry

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

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


TSE:9763
77GF Score
Maruken Lease Co Ltd TSE:9763
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruken Lease 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.

Maruken Lease 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
=( (5587 + 4761) / 2 ) / 21687*365
=5174 / 21687*365
=87.08

Maruken Lease 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (4381 + 4761) / 2 ) / 11234*365 / 2
=4571 / 11234*365 / 2
=74.26

* 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 74.26 mean?
Maruken Lease Co (TSE:9763) has a Days Payable of 74.26 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 Maruken Lease Co and its competitors. This is 42% below median its historical median of 127.32. Over the past decade, Maruken Lease Co's Days Payable has ranged from 82.63 to 146.71. According to the industry distribution chart, Maruken Lease Co ranks #279 out of 945 companies in the Business Services industry, placing it in the top 29.5%.
Is Maruken Lease Co's Days Payable too high?
Maruken Lease Co's current Days Payable of 74.26 is 42% below median its 10-year median of 127.32. Over the past 10 years, this metric has ranged from a low of 82.63 to a high of 146.71. The Business Services industry median Days Payable is 45.81. Maruken Lease Co's value of 74.26 is 62.1% above this industry median. Based on the distribution chart, Maruken Lease Co ranks #279 out of 945 companies in the Business Services industry, which is above the industry midpoint. Overall, Maruken Lease Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maruken Lease Co's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, Maruken Lease Co ranks #279 out of 945 companies for Days Payable. This puts Maruken Lease Co in the upper half of its industry. The industry median Days Payable is 45.81. Maruken Lease Co's value of 74.26 is 62.1% above this benchmark. Historically, Maruken Lease Co's own Days Payable has ranged from 82.63 to 146.71 over the past decade. While the company's 10-year median is 127.32 vs. the industry median of 45.81, Maruken Lease Co 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 Business Services company?
The median Days Payable among Business Services companies is 45.81, based on 945 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. Maruken Lease Co's current Days Payable of 74.26 is 62.1% 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 Maruken Lease Co and its competitors. For the Business Services industry, the median Days Payable is 45.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruken Lease Co's current Days Payable is 74.26, which is 42% below median its own 10-year median of 127.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruken Lease Co stock overvalued right now?
Based on GuruFocus' analysis, Maruken Lease Co (TSE:9763) is currently considered Fairly Valued. The stock's GF Value™ is 円1,236.98, compared to a current price of 円1,247.00 — trading 0.8% above its estimated fair value. The current Days Payable is 74.26, which is 42% below median its 10-year median of 127.32 and 62.1% above the Business Services industry median of 45.81. Maruken Lease Co's overall GF Score™ is 77/100 with 2 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 Maruken Lease Co (TSE:9763), the current Days Payable is 74.26 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 Maruken Lease Co (TSE:9763) Overvalued in 2026?

Based on GuruFocus' analysis, Maruken Lease Co stock appears to be overvalued. The current stock price of 円1,247.00 is trading 0.8% above its estimated GF Value™ of 円1,236.98. GuruFocus considers Maruken Lease Co to be Fairly Valued.

Key valuation signals for TSE:9763:

  • Days Payable: 74.26 (42% below median its 10-year median of 127.32)
  • GF Value™: 円1,236.98 vs. price of 円1,247.00 (0.8% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 62.1% above the Business Services median (#279 of 945)

No single metric tells the full story. See the TSE:9763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruken Lease Co Business Description

Address 2-4-1 Shiba Park, 105-0011 Shiba Park Building A 9th Floor, Minato-ku, Tokyo, JPN, 105-0011
Maruken Lease Co Ltd is engaged in Rental, sales, repair, processing, etc. of heavy temporary steel materials for construction (steel sheet piles, H-beams, steel retaining walls, road surface lining plates, steel plates, etc.), as well as the installation of these piles, retaining walls, and underground diaphragm wall construction.
77GF Score

Get the complete analysis for TSE:9763

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

円1,247.00
Price
円1,236.98
GF Value