CUGKF (Chugoku Marine Paints) Days Payable: 53.37 (As of Mar. 2026) — 15% Below Median

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CUGKF Chugoku Marine Paints Ltd CUGKF
83 GF Score
Price $28.53
GF Value $20.08
! 1 Warning Sign
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What is Chugoku Marine Paints Days Payable?

Chugoku Marine Paints CUGKF 83 Days Payable is 53.37 as of Mar. 2026, which is 15% below its 10-year median of 62.57. GuruFocus rates CUGKF with a GF Score™ of 83/100 and a GF Value™ of $20.08. The stock has 1 warning sign investors should review. Among 1,553 Chemicals companies, Chugoku Marine Paints ranks worse than 54.09% on this metric.

Chugoku Marine Paints's average Accounts Payable for the three months ended in Mar. 2026 was $92.4 Mil. Chugoku Marine Paints's Cost of Goods Sold for the three months ended in Mar. 2026 was $158.0 Mil. Hence, Chugoku Marine Paints's Days Payable for the three months ended in Mar. 2026 was 53.37.

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

CUGKF' s Days Payable Range Over the Past 10 Years
Min: 53.13   Med: 62.57   Max: 85.17
Current: 55.67

During the past 13 years, Chugoku Marine Paints's highest Days Payable was 85.17. The lowest was 53.13. And the median was 62.57.

CUGKF's Days Payable is ranked worse than
54.09% of 1553 companies
in the Chemicals industry
Industry Median: 59.7 vs CUGKF: 55.67

Chugoku Marine Paints's Days Payable declined from Mar. 2025 (53.45) to Mar. 2026 (53.37). It may suggest that Chugoku Marine Paints accelerated paying its suppliers.


Chugoku Marine Paints Days Payable Historical Data

* Premium members only.

The historical data trend for Chugoku Marine Paints'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.

Chugoku Marine Paints Days Payable Chart

Chugoku Marine Paints 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 58.00 56.34 56.99 55.64 61.09

Chugoku Marine Paints 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 53.45 58.84 52.94 56.06 53.37

CUGKF vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Chugoku Marine Paints'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.


Chugoku Marine Paints Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chugoku Marine Paints's Days Payable distribution charts can be found below:

* The bar in red indicates where Chugoku Marine Paints's Days Payable falls into.


CUGKF
83GF Score
Chugoku Marine Paints Ltd CUGKF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chugoku Marine Paints 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.

Chugoku Marine Paints'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
=( (98.15 + 97.169) / 2 ) / 583.454*365
=97.6595 / 583.454*365
=61.09

Chugoku Marine Paints'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
=( (87.599 + 97.169) / 2 ) / 157.951*365 / 4
=92.384 / 157.951*365 / 4
=53.37

* 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 53.37 mean?
Chugoku Marine Paints (CUGKF) has a Days Payable of 53.37 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 Chugoku Marine Paints and its competitors. This is 15% below median its historical median of 62.57. Over the past decade, Chugoku Marine Paints' Days Payable has ranged from 53.13 to 85.17. According to the industry distribution chart, Chugoku Marine Paints ranks #840 out of 1553 companies in the Chemicals industry, placing it in the top 54.1%.
Is Chugoku Marine Paints' Days Payable too high?
Chugoku Marine Paints' current Days Payable of 53.37 is 15% below median its 10-year median of 62.57. Over the past 10 years, this metric has ranged from a low of 53.13 to a high of 85.17. The Chemicals industry median Days Payable is 59.70. Chugoku Marine Paints' value of 53.37 is 10.6% below this industry median. Based on the distribution chart, Chugoku Marine Paints ranks #840 out of 1553 companies in the Chemicals industry, which is below the industry midpoint. Overall, Chugoku Marine Paints has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Chugoku Marine Paints' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chugoku Marine Paints ranks #840 out of 1553 companies for Days Payable. This places Chugoku Marine Paints in the lower half of its industry. The industry median Days Payable is 59.70. Chugoku Marine Paints' value of 53.37 is 10.6% below this benchmark. Historically, Chugoku Marine Paints' own Days Payable has ranged from 53.13 to 85.17 over the past decade. While the company's 10-year median is 62.57 vs. the industry median of 59.70, Chugoku Marine Paints 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.70, based on 1,553 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. Chugoku Marine Paints's current Days Payable of 53.37 is 10.6% 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 Chugoku Marine Paints and its competitors. For the Chemicals industry, the median Days Payable is 59.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugoku Marine Paints's current Days Payable is 53.37, which is 15% below median its own 10-year median of 62.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugoku Marine Paints stock overvalued right now?
Chugoku Marine Paints (CUGKF) has a current Days Payable of 53.37. The stock's GF Value™ is $20.08, compared to a current price of $28.53 — trading 42.1% above its estimated fair value. The current Days Payable is 53.37, which is 15% below median its 10-year median of 62.57 and 10.6% below the Chemicals industry median of 59.70. Chugoku Marine Paints' overall GF Score™ is 83/100 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 Chugoku Marine Paints (CUGKF), the current Days Payable is 53.37 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 Chugoku Marine Paints (CUGKF) Overvalued in 2026?

Based on GuruFocus' analysis, Chugoku Marine Paints stock appears to be overvalued. The current stock price of $28.53 is trading 42.1% above its estimated GF Value™ of $20.08.

Key valuation signals for CUGKF:

  • Days Payable: 53.37 (15% below median its 10-year median of 62.57)
  • GF Value™: $20.08 vs. price of $28.53 (42.1% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 10.6% below the Chemicals median (#840 of 1553)

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


Chugoku Marine Paints Business Description

Other Exchanges 4617:Japan
Address 3-6-6 Kasumigaseki, Tokyo Club Building, Chiyoda-ku, Tokyo, JPN, 100-0013
Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.
83GF Score

Get the complete analysis for CUGKF

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

$28.53
Price
$20.08
GF Value