OJIPF (Oji Holdings) Days Payable: 62.61 (As of Mar. 2026) — 11% Below Median


OJIPF Oji Holdings Corp OJIPF
70 GF Score
Price $5.80
GF Value $5.21
! 7 Warning Signs
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What is Oji Holdings Days Payable?

Oji Holdings OJIPF 70 Days Payable is 62.61 as of Mar. 2026, which is 11% below its 10-year median of 70.02. GuruFocus rates OJIPF with a GF Score™ of 70/100 and a GF Value™ of $5.21. The stock has 7 warning signs investors should review. Among 276 Forest Products companies, Oji Holdings ranks better than 54.35% on this metric.

Oji Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $1,675 Mil. Oji Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $2,442 Mil. Hence, Oji Holdings's Days Payable for the three months ended in Mar. 2026 was 62.61.

The historical rank and industry rank for Oji Holdings's Days Payable or its related term are showing as below:

OJIPF' s Days Payable Range Over the Past 10 Years
Min: 60.38   Med: 70.02   Max: 78.03
Current: 61.42

During the past 13 years, Oji Holdings's highest Days Payable was 78.03. The lowest was 60.38. And the median was 70.02.

OJIPF's Days Payable is ranked better than
54.35% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs OJIPF: 61.42

Oji Holdings's Days Payable declined from Mar. 2025 (65.32) to Mar. 2026 (62.61). It may suggest that Oji Holdings accelerated paying its suppliers.


Oji Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Oji Holdings'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.

Oji Holdings Days Payable Chart

Oji Holdings 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 73.02 68.86 73.97 65.34 62.40

Oji Holdings 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 65.32 61.81 62.22 62.02 62.61

Oji Holdings Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Oji Holdings'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.


Oji Holdings Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Oji Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Oji Holdings's Days Payable falls into.


OJIPF
70GF Score
Oji Holdings Corp OJIPF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Oji Holdings 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.

Oji Holdings'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
=( (1769.537 + 1544.907) / 2 ) / 9693.893*365
=1657.222 / 9693.893*365
=62.40

Oji Holdings'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
=( (1805.785 + 1544.907) / 2 ) / 2441.791*365 / 4
=1675.346 / 2441.791*365 / 4
=62.61

* 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 62.61 mean?
Oji Holdings (OJIPF) has a Days Payable of 62.61 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 Oji Holdings and its competitors. This is 11% below median its historical median of 70.02. Over the past decade, Oji Holdings' Days Payable has ranged from 60.38 to 78.03. According to the industry distribution chart, Oji Holdings ranks #126 out of 276 companies in the Forest Products industry, placing it in the top 45.7%.
Is Oji Holdings' Days Payable too high?
Oji Holdings' current Days Payable of 62.61 is 11% below median its 10-year median of 70.02. Over the past 10 years, this metric has ranged from a low of 60.38 to a high of 78.03. The Forest Products industry median Days Payable is 57.93. Oji Holdings' value of 62.61 is 8.1% above this industry median. Based on the distribution chart, Oji Holdings ranks #126 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, Oji Holdings has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Oji Holdings' Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Oji Holdings ranks #126 out of 276 companies for Days Payable. This puts Oji Holdings in the upper half of its industry. The industry median Days Payable is 57.93. Oji Holdings' value of 62.61 is 8.1% above this benchmark. Historically, Oji Holdings' own Days Payable has ranged from 60.38 to 78.03 over the past decade. While the company's 10-year median is 70.02 vs. the industry median of 57.93, Oji Holdings 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Oji Holdings's current Days Payable of 62.61 is 8.1% 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 Oji Holdings and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oji Holdings's current Days Payable is 62.61, which is 11% below median its own 10-year median of 70.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oji Holdings stock overvalued right now?
Oji Holdings (OJIPF) has a current Days Payable of 62.61. The stock's GF Value™ is $5.21, compared to a current price of $5.80 — trading 11.3% above its estimated fair value. The current Days Payable is 62.61, which is 11% below median its 10-year median of 70.02 and 8.1% above the Forest Products industry median of 57.93. Oji Holdings' overall GF Score™ is 70/100 with 7 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 Oji Holdings (OJIPF), the current Days Payable is 62.61 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 Oji Holdings (OJIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Oji Holdings stock appears to be overvalued. The current stock price of $5.80 is trading 11.3% above its estimated GF Value™ of $5.21.

Key valuation signals for OJIPF:

  • Days Payable: 62.61 (11% below median its 10-year median of 70.02)
  • GF Value™: $5.21 vs. price of $5.80 (11.3% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 8.1% above the Forest Products median (#126 of 276)

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


Oji Holdings Business Description

Other Exchanges 3861:JapanOJI:Germany
Address 7-5 Ginza, 4-chome, Chuo-ku, Tokyo, JPN, 104-0061
Oji Holdings Corp through its group companies, is engaged in the production and distribution of pulp, paper products, and converted paper products. The company operates through five segments. The Functional Materials segment covers specialty paper, thermal paper, adhesives, and films. The Living and Industrial Materials segment includes corrugated base paper, paperboard, packaging paper, household paper, and disposable diapers. The Print Information Media segment engages in newsprint, printing, publishing, and information paper. The Resource and Environmental Business segment spans pulp, energy, afforestation, and wood processing. The Others segment comprises trading, eco-friendly packaging, logistics, engineering, real estate, and liquid cartons.
70GF Score

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

$5.80
Price
$5.21
GF Value