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Morito CoTSE:9837 -0.34%88 Days Payable is 35.63 as of Nov. 2025, which is 25% below its 10-year median of 47.28. GuruFocus rates TSE:9837 with a GF Score™ of 88/100 and a GF Value™ of 円1,856.90 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,099 Retail - Cyclical companies, Morito Co ranks worse than 66.7% on this metric.
Morito Co's average Accounts Payable for the
six
months ended in Nov. 2025 was 円4,206 Mil. Morito Co's Cost of Goods Sold for the
six
months ended in Nov. 2025 was 円21,543 Mil.
Hence, Morito Co's Days Payable for the
six
months ended in Nov. 2025 was 35.63.
The historical rank and industry rank for Morito Co's Days Payable or its related term are showing as below:
TSE:9837'
s Days Payable Range Over the Past 10 Years
Min: 35.39 Med: 47.28 Max: 55.17
Current: 36.56
During the past 13 years, Morito Co's highest Days Payable was 55.17. The lowest was 35.39. And the median was 47.28.
TSE:9837's Days Payable is ranked worse than 66.7% of 1099
companies
in the Retail - Cyclical industry
Industry Median: 51.88
vs TSE:9837: 36.56
Morito Co's Days Payable
increased
from Nov. 2024 (35.02) to Nov. 2025 (35.63).
It may suggest that Morito Codelayed paying its suppliers.
Morito Co Days Payable Related Terms
Morito Co Days Payable Historical Data
* Premium members only.
The historical data trend for Morito 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.
TSE:9837 vs TJX, ROST, BURL: Days Payable Comparison
For the Apparel Retail subindustry, Morito 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.
Morito Co Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Morito Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Morito 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.
Morito Co's Days Payable for the fiscal year that ended in Nov. 2025 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.
Morito Co (TSE:9837) has a Days Payable of 35.63 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Morito Co and its competitors. This is 25% below median its historical median of 47.28. Over the past decade, Morito Co's Days Payable has ranged from 35.39 to 55.17. According to the industry distribution chart, Morito Co ranks #733 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 66.7%.
Is Morito Co's Days Payable too high?
Morito Co's current Days Payable of 35.63 is 25% below median its 10-year median of 47.28. Over the past 10 years, this metric has ranged from a low of 35.39 to a high of 55.17. The Retail - Cyclical industry median Days Payable is 51.88. Morito Co's value of 35.63 is 31.3% below this industry median. Based on the distribution chart, Morito Co ranks #733 out of 1099 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Morito Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morito Co's Days Payable compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Morito Co ranks #733 out of 1099 companies for Days Payable. This places Morito Co in the lower half of its industry. The industry median Days Payable is 51.88. Morito Co's value of 35.63 is 31.3% below this benchmark. Historically, Morito Co's own Days Payable has ranged from 35.39 to 55.17 over the past decade. While the company's 10-year median is 47.28 vs. the industry median of 51.88, Morito 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.88, based on 1,099 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. Morito Co's current Days Payable of 35.63 is 31.3% 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 Morito Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morito Co's current Days Payable is 35.63, which is 25% below median its own 10-year median of 47.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morito Co stock overvalued right now?
Based on GuruFocus' analysis, Morito Co (TSE:9837) is currently considered Fairly Valued. The stock's GF Value™ is 円1,856.90, compared to a current price of 円1,767.00 — trading 4.8% below its estimated fair value. The current Days Payable is 35.63, which is 25% below median its 10-year median of 47.28 and 31.3% below the Retail - Cyclical industry median of 51.88. Morito Co's overall GF Score™ is 88/100 with 1 warning sign 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 Morito Co (TSE:9837), the current Days Payable is 35.63 as of Nov. 2025. 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 Morito Co (TSE:9837) Overvalued in 2026?
Based on GuruFocus' analysis, Morito Co stock appears to be undervalued.
The current stock price of 円1,767.00 is trading 4.8% below its estimated GF Value™ of 円1,856.90.
GuruFocus considers Morito Co to be Fairly Valued.
Key valuation signals for TSE:9837:
Days Payable: 35.63 (25% below median its 10-year median of 47.28)
GF Value™: 円1,856.90 vs. price of 円1,767.00 (4.8% below fair value)
Industry Position: 31.3% below the Retail - Cyclical median (#733 of 1099)
No single metric tells the full story. See the TSE:9837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morito Co Ltd produces and supplies parts such as eyelets, snap fasteners, buckles, tape, and shoe uppers to all sorts of brands. It also designs and produces apparel, bags, and other products. The company supplies a host of products to a wide range of markets, including braces, supports, school supplies, and straps, in addition to footwear-related products such as insoles. It also specializes in supply of parts for automobile, railway, and aircraft interiors.
88GF Score
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