Mitsubishi Chemical Group (HAM:M3C) Days Payable: 53.21 (As of Mar. 2026) — 11% Below Median


HAM:M3C Mitsubishi Chemical Group Corp HAM:M3C
61 GF Score
Price €5.84
GF Value €4.24
! 11 Warning Signs
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What is Mitsubishi Chemical Group Days Payable?

Mitsubishi Chemical Group HAM:M3C -1.12% 61 Days Payable is 53.21 as of Mar. 2026, which is 11% below its 10-year median of 59.61. GuruFocus rates HAM:M3C with a GF Score™ of 61/100 and a GF Value™ of €4.24. The stock has 11 warning signs investors should review. Among 1,559 Chemicals companies, Mitsubishi Chemical Group ranks worse than 56.45% on this metric.

Mitsubishi Chemical Group's average Accounts Payable for the three months ended in Mar. 2026 was €2,155 Mil. Mitsubishi Chemical Group's Cost of Goods Sold for the three months ended in Mar. 2026 was €3,696 Mil. Hence, Mitsubishi Chemical Group's Days Payable for the three months ended in Mar. 2026 was 53.21.

The historical rank and industry rank for Mitsubishi Chemical Group's Days Payable or its related term are showing as below:

HAM:M3C' s Days Payable Range Over the Past 10 Years
Min: 51.78   Med: 59.61   Max: 64.93
Current: 53.79

During the past 13 years, Mitsubishi Chemical Group's highest Days Payable was 64.93. The lowest was 51.78. And the median was 59.61.

HAM:M3C's Days Payable is ranked worse than
56.45% of 1559 companies
in the Chemicals industry
Industry Median: 59.88 vs HAM:M3C: 53.79

Mitsubishi Chemical Group's Days Payable declined from Mar. 2025 (53.50) to Mar. 2026 (53.21). It may suggest that Mitsubishi Chemical Group accelerated paying its suppliers.


Mitsubishi Chemical Group Days Payable Historical Data

* Premium members only.

The historical data trend for Mitsubishi Chemical Group'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.

Mitsubishi Chemical Group Days Payable Chart

Mitsubishi Chemical Group 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 55.64 54.28 58.77 57.79 60.10

Mitsubishi Chemical Group 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 53.50 57.51 52.02 53.81 53.21

HAM:M3C vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Mitsubishi Chemical Group'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.


Mitsubishi Chemical Group Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsubishi Chemical Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Mitsubishi Chemical Group's Days Payable falls into.


HAM:M3C
61GF Score
Mitsubishi Chemical Group Corp HAM:M3C
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Chemical Group 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.

Mitsubishi Chemical Group'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
=( (2635.138 + 2091.402) / 2 ) / 14352.203*365
=2363.27 / 14352.203*365
=60.10

Mitsubishi Chemical Group'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
=( (2218.614 + 2091.402) / 2 ) / 3695.773*365 / 4
=2155.008 / 3695.773*365 / 4
=53.21

* 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 53.21 mean?
Mitsubishi Chemical Group (HAM:M3C) has a Days Payable of 53.21 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 Mitsubishi Chemical Group and its competitors. This is 11% below median its historical median of 59.61. Over the past decade, Mitsubishi Chemical Group's Days Payable has ranged from 51.78 to 64.93. According to the industry distribution chart, Mitsubishi Chemical Group ranks #880 out of 1559 companies in the Chemicals industry, placing it in the top 56.4%.
Is Mitsubishi Chemical Group's Days Payable too high?
Mitsubishi Chemical Group's current Days Payable of 53.21 is 11% below median its 10-year median of 59.61. Over the past 10 years, this metric has ranged from a low of 51.78 to a high of 64.93. The Chemicals industry median Days Payable is 59.88. Mitsubishi Chemical Group's value of 53.21 is 11.1% below this industry median. Based on the distribution chart, Mitsubishi Chemical Group ranks #880 out of 1559 companies in the Chemicals industry, which is below the industry midpoint. Overall, Mitsubishi Chemical Group has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Chemical Group's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mitsubishi Chemical Group ranks #880 out of 1559 companies for Days Payable. This places Mitsubishi Chemical Group in the lower half of its industry. The industry median Days Payable is 59.88. Mitsubishi Chemical Group's value of 53.21 is 11.1% below this benchmark. Historically, Mitsubishi Chemical Group's own Days Payable has ranged from 51.78 to 64.93 over the past decade. While the company's 10-year median is 59.61 vs. the industry median of 59.88, Mitsubishi Chemical Group 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 59.88, based on 1,559 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. Mitsubishi Chemical Group's current Days Payable of 53.21 is 11.1% 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 Mitsubishi Chemical Group and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Chemical Group's current Days Payable is 53.21, which is 11% below median its own 10-year median of 59.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Chemical Group stock overvalued right now?
Mitsubishi Chemical Group (HAM:M3C) has a current Days Payable of 53.21. The stock's GF Value™ is €4.24, compared to a current price of €5.84 — trading 37.6% above its estimated fair value. The current Days Payable is 53.21, which is 11% below median its 10-year median of 59.61 and 11.1% below the Chemicals industry median of 59.88. Mitsubishi Chemical Group's overall GF Score™ is 61/100 with 11 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 Mitsubishi Chemical Group (HAM:M3C), the current Days Payable is 53.21 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 Mitsubishi Chemical Group (HAM:M3C) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Chemical Group stock appears to be overvalued. The current stock price of €5.84 is trading 37.6% above its estimated GF Value™ of €4.24.

Key valuation signals for HAM:M3C:

  • Days Payable: 53.21 (11% below median its 10-year median of 59.61)
  • GF Value™: €4.24 vs. price of €5.84 (37.6% above fair value)
  • GF Score™: 61/100 with 11 warning signs
  • Industry Position: 11.1% below the Chemicals median (#880 of 1559)

No single metric tells the full story. See the HAM:M3C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Chemical Group Business Description

Address 1-1-1 Marunouchi, Palace Building, Chiyoda-ku, Tokyo, JPN, 100-8251
Mitsubishi Chemical Group Corp is a holding company which manufactures and sells chemicals, plastics, and pharmaceuticals. It organizes itself into five segments. The Basic Materials & Polymers segment covers petrochemical substrates, polyolefins, basic chemicals, sustainable polymers, engineering plastics, and carbon. The Industrial Gas segment focuses on industrial gases. The MMA & Derivatives segment includes MMA, PMMA, coatings, additives, and fine chemicals. The Pharmacy segment is engaged in medicines, and the Specialty Materials segment handles advanced films and polymers, advanced solutions, and advanced composites. The Others segment includes businesses such as engineering, transportation, and warehousing. It generates the majority of its revenue from the Industrial gas segment.
61GF Score

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

€5.84
Price
€4.24
GF Value