TKCBF (Tokai Carbon Co) Days Payable: 28.78 (As of Dec. 2025) — 28% Below Median


TKCBF Tokai Carbon Co Ltd TKCBF
76 GF Score
Price $11.08
GF Value $6.39
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Tokai Carbon Co Days Payable?

Tokai Carbon Co TKCBF 76 Days Payable is 28.78 as of Dec. 2025, which is 28% below its 10-year median of 39.79. GuruFocus rates TKCBF with a GF Score™ of 76/100 and a GF Value™ of $6.39 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,556 Chemicals companies, Tokai Carbon Co ranks worse than 79.5% on this metric.

Tokai Carbon Co's average Accounts Payable for the three months ended in Dec. 2025 was $133 Mil. Tokai Carbon Co's Cost of Goods Sold for the three months ended in Dec. 2025 was $423 Mil. Hence, Tokai Carbon Co's Days Payable for the three months ended in Dec. 2025 was 28.78.

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

TKCBF' s Days Payable Range Over the Past 10 Years
Min: 30.36   Med: 39.79   Max: 50.94
Current: 30.36

During the past 13 years, Tokai Carbon Co's highest Days Payable was 50.94. The lowest was 30.36. And the median was 39.79.

TKCBF's Days Payable is ranked worse than
79.5% of 1556 companies
in the Chemicals industry
Industry Median: 59.915 vs TKCBF: 30.36

Tokai Carbon Co's Days Payable increased from Dec. 2024 (27.28) to Dec. 2025 (28.78). It may suggest that Tokai Carbon Co delayed paying its suppliers.


Tokai Carbon Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tokai Carbon 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.

Tokai Carbon Co Days Payable Chart

Tokai Carbon Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.11 40.41 38.31 34.20 32.85

Tokai Carbon 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 31.89 30.60 31.48 28.78 31.32

TKCBF vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Tokai Carbon 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.


Tokai Carbon Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tokai Carbon Co's Days Payable falls into.


TKCBF
76GF Score
Tokai Carbon Co Ltd TKCBF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokai Carbon 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.

Tokai Carbon Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (150.084 + 130.719) / 2 ) / 1559.952*365
=140.4015 / 1559.952*365
=32.85

Tokai Carbon Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (135.795 + 130.719) / 2 ) / 422.557*365 / 4
=133.257 / 422.557*365 / 4
=28.78

* 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 28.78 mean?
Tokai Carbon Co (TKCBF) has a Days Payable of 28.78 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tokai Carbon Co and its competitors. This is 28% below median its historical median of 39.79. Over the past decade, Tokai Carbon Co's Days Payable has ranged from 30.36 to 50.94. According to the industry distribution chart, Tokai Carbon Co ranks #1237 out of 1556 companies in the Chemicals industry, placing it in the top 79.5%.
Is Tokai Carbon Co's Days Payable too high?
Tokai Carbon Co's current Days Payable of 28.78 is 28% below median its 10-year median of 39.79. Over the past 10 years, this metric has ranged from a low of 30.36 to a high of 50.94. The Chemicals industry median Days Payable is 59.92. Tokai Carbon Co's value of 28.78 is 52% below this industry median. Based on the distribution chart, Tokai Carbon Co ranks #1237 out of 1556 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Tokai Carbon Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Carbon Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tokai Carbon Co ranks #1237 out of 1556 companies for Days Payable. This places Tokai Carbon Co in the lower half of its industry. The industry median Days Payable is 59.92. Tokai Carbon Co's value of 28.78 is 52% below this benchmark. Historically, Tokai Carbon Co's own Days Payable has ranged from 30.36 to 50.94 over the past decade. While the company's 10-year median is 39.79 vs. the industry median of 59.92, Tokai Carbon 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.92, based on 1,556 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. Tokai Carbon Co's current Days Payable of 28.78 is 52% 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 Tokai Carbon Co and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Carbon Co's current Days Payable is 28.78, which is 28% below median its own 10-year median of 39.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Carbon Co (TKCBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.39, compared to a current price of $11.08 — trading 73.4% above its estimated fair value. The current Days Payable is 28.78, which is 28% below median its 10-year median of 39.79 and 52% below the Chemicals industry median of 59.92. Tokai Carbon Co's overall GF Score™ is 76/100 with 10 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 Tokai Carbon Co (TKCBF), the current Days Payable is 28.78 as of Dec. 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 Tokai Carbon Co (TKCBF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokai Carbon Co stock appears to be overvalued. The current stock price of $11.08 is trading 73.4% above its estimated GF Value™ of $6.39. GuruFocus considers Tokai Carbon Co to be Significantly Overvalued.

Key valuation signals for TKCBF:

  • Days Payable: 28.78 (28% below median its 10-year median of 39.79)
  • GF Value™: $6.39 vs. price of $11.08 (73.4% above fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 52% below the Chemicals median (#1237 of 1556)

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


Tokai Carbon Co Business Description

Address 1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.
76GF Score

Get the complete analysis for TKCBF

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

$11.08
Price
$6.39
GF Value