AIKCF (Aica Kogyo Co) Days Payable: 56.95 (As of Mar. 2026) — 13% Below Median


AIKCF Aica Kogyo Co Ltd AIKCF
86 GF Score
Price $23.69
GF Value $23.41
! 3 Warning Signs
View Full Analysis

What is Aica Kogyo Co Days Payable?

Aica Kogyo Co AIKCF 86 Days Payable is 56.95 as of Mar. 2026, which is 13% below its 10-year median of 65.32. GuruFocus rates AIKCF with a GF Score™ of 86/100 and a GF Value™ of $23.41. The stock has 3 warning signs investors should review. Among 505 Conglomerates companies, Aica Kogyo Co ranks better than 54.06% on this metric.

Aica Kogyo Co's average Accounts Payable for the three months ended in Mar. 2026 was $183 Mil. Aica Kogyo Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $293 Mil. Hence, Aica Kogyo Co's Days Payable for the three months ended in Mar. 2026 was 56.95.

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

AIKCF' s Days Payable Range Over the Past 10 Years
Min: 59.38   Med: 65.32   Max: 74.92
Current: 59.9

During the past 13 years, Aica Kogyo Co's highest Days Payable was 74.92. The lowest was 59.38. And the median was 65.32.

AIKCF's Days Payable is ranked better than
54.06% of 505 companies
in the Conglomerates industry
Industry Median: 55.71 vs AIKCF: 59.90

Aica Kogyo Co's Days Payable declined from Mar. 2025 (60.65) to Mar. 2026 (56.95). It may suggest that Aica Kogyo Co accelerated paying its suppliers.


Aica Kogyo Co Days Payable Historical Data

* Premium members only.

The historical data trend for Aica Kogyo 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.

Aica Kogyo Co Days Payable Chart

Aica Kogyo 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 64.90 63.32 67.46 63.22 62.30

Aica Kogyo Co 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 60.65 63.81 61.60 59.04 56.95

AIKCF vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Aica Kogyo 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.


Aica Kogyo Co Days Payable vs Conglomerates Industry

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

* The bar in red indicates where Aica Kogyo Co's Days Payable falls into.


AIKCF
86GF Score
Aica Kogyo Co Ltd AIKCF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aica Kogyo 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.

Aica Kogyo 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
=( (210.268 + 178.072) / 2 ) / 1137.667*365
=194.17 / 1137.667*365
=62.30

Aica Kogyo 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (187.429 + 178.072) / 2 ) / 292.823*365 / 4
=182.7505 / 292.823*365 / 4
=56.95

* 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 56.95 mean?
Aica Kogyo Co (AIKCF) has a Days Payable of 56.95 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 Aica Kogyo Co and its competitors. This is 13% below median its historical median of 65.32. Over the past decade, Aica Kogyo Co's Days Payable has ranged from 59.38 to 74.92. According to the industry distribution chart, Aica Kogyo Co ranks #232 out of 505 companies in the Conglomerates industry, placing it in the top 45.9%.
Is Aica Kogyo Co's Days Payable too high?
Aica Kogyo Co's current Days Payable of 56.95 is 13% below median its 10-year median of 65.32. Over the past 10 years, this metric has ranged from a low of 59.38 to a high of 74.92. The Conglomerates industry median Days Payable is 55.71. Aica Kogyo Co's value of 56.95 is 2.2% above this industry median. Based on the distribution chart, Aica Kogyo Co ranks #232 out of 505 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Aica Kogyo Co has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Aica Kogyo Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Aica Kogyo Co ranks #232 out of 505 companies for Days Payable. This puts Aica Kogyo Co in the upper half of its industry. The industry median Days Payable is 55.71. Aica Kogyo Co's value of 56.95 is 2.2% above this benchmark. Historically, Aica Kogyo Co's own Days Payable has ranged from 59.38 to 74.92 over the past decade. While the company's 10-year median is 65.32 vs. the industry median of 55.71, Aica Kogyo 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.71, based on 505 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. Aica Kogyo Co's current Days Payable of 56.95 is 2.2% 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 Aica Kogyo Co and its competitors. For the Conglomerates industry, the median Days Payable is 55.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aica Kogyo Co's current Days Payable is 56.95, which is 13% below median its own 10-year median of 65.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aica Kogyo Co stock overvalued right now?
Aica Kogyo Co (AIKCF) has a current Days Payable of 56.95. The stock's GF Value™ is $23.41, compared to a current price of $23.69 — trading 1.2% above its estimated fair value. The current Days Payable is 56.95, which is 13% below median its 10-year median of 65.32 and 2.2% above the Conglomerates industry median of 55.71. Aica Kogyo Co's overall GF Score™ is 86/100 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 Aica Kogyo Co (AIKCF), the current Days Payable is 56.95 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 Aica Kogyo Co (AIKCF) Overvalued in 2026?

Based on GuruFocus' analysis, Aica Kogyo Co stock appears to be overvalued. The current stock price of $23.69 is trading 1.2% above its estimated GF Value™ of $23.41.

Key valuation signals for AIKCF:

  • Days Payable: 56.95 (13% below median its 10-year median of 65.32)
  • GF Value™: $23.41 vs. price of $23.69 (1.2% above fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 2.2% above the Conglomerates median (#232 of 505)

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


Aica Kogyo Co Business Description

Other Exchanges 4206:JapanR5Y:Germany
Address 1-1 1-1 Meina Station, JP Tower Nagoya, 26th Floor, Aichi, JPN
Aica Kogyo Co Ltd is a Japanese manufacturing company. It operates its business in four segments which are Chemical Products, Specialty & Performance Materials, Laminated Sheets, and Building & Housing Materials. The company mainly provides adhesives, resin, melamine doors, wall coating materials, countertops, decorative panels, polyester panels and boards. It also provides solar batteries, lamps, and silicone materials.
86GF Score

Get the complete analysis for AIKCF

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

$23.69
Price
$23.41
GF Value