Toray IndustriesTRYIF 78 Days Payable is 54.84 as of Mar. 2026, which is 5% below its 10-year median of 57.85. GuruFocus rates TRYIF with a GF Score™ of 78/100 and a GF Value™ of $5.78 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Toray Industries ranks better than 50.15% on this metric.
Toray Industries's Days Payable
declined
from Mar. 2025 (56.44) to Mar. 2026 (54.84).
It may suggest that Toray Industriesaccelerated paying its suppliers.
Toray Industries Days Payable Related Terms
Toray Industries Days Payable Historical Data
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The historical data trend for Toray Industries'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.
Toray Industries Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Toray Industries'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.
Toray Industries Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Toray Industries's Days Payable falls into.
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.
Toray Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Toray Industries (TRYIF) has a Days Payable of 54.84 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 Toray Industries and its competitors. This is near median its historical median of 57.85. Over the past decade, Toray Industries' Days Payable has ranged from 49.56 to 68.89. According to the industry distribution chart, Toray Industries ranks #508 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.9%.
Is Toray Industries' Days Payable too high?
Toray Industries' current Days Payable of 54.84 is near median its 10-year median of 57.85. Over the past 10 years, this metric has ranged from a low of 49.56 to a high of 68.89. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.13. Toray Industries' value of 54.84 is 1.3% above this industry median. Based on the distribution chart, Toray Industries ranks #508 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Toray Industries has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toray Industries' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Toray Industries ranks #508 out of 1019 companies for Days Payable. This puts Toray Industries in the upper half of its industry. The industry median Days Payable is 54.13. Toray Industries' value of 54.84 is 1.3% above this benchmark. Historically, Toray Industries' own Days Payable has ranged from 49.56 to 68.89 over the past decade. While the company's 10-year median is 57.85 vs. the industry median of 54.13, Toray Industries 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.13, based on 1,019 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. Toray Industries's current Days Payable of 54.84 is 1.3% 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 Toray Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toray Industries's current Days Payable is 54.84, which is near median its own 10-year median of 57.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toray Industries stock overvalued right now?
Based on GuruFocus' analysis, Toray Industries (TRYIF) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.78, compared to a current price of $6.66 — trading 15.2% above its estimated fair value. The current Days Payable is 54.84, which is near median its 10-year median of 57.85 and 1.3% above the Manufacturing - Apparel & Accessories industry median of 54.13. Toray Industries' overall GF Score™ is 78/100 with 2 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 Toray Industries (TRYIF), the current Days Payable is 54.84 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 Toray Industries (TRYIF) Overvalued in 2026?
Based on GuruFocus' analysis, Toray Industries stock appears to be overvalued.
The current stock price of $6.66 is trading 15.2% above its estimated GF Value™ of $5.78.
GuruFocus considers Toray Industries to be Modestly Overvalued.
Key valuation signals for TRYIF:
Days Payable: 54.84 (near median its 10-year median of 57.85)
GF Value™: $5.78 vs. price of $6.66 (15.2% above fair value)
Industry Position: 1.3% above the Manufacturing - Apparel & Accessories median (#508 of 1019)
No single metric tells the full story. See the TRYIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toray Industries Inc is a Japan-based company engaged in the textile business, functional chemicals business, carbon fiber composite materials, and other businesses. The Carbon Fiber Composite Materials segment covers carbon fiber, composites, and molded products. The Environment and Engineering segment includes membranes for water treatment, general engineering, industrial machinery, housing, and construction materials. The Functional Chemicals segment handles resins, foams, films, fine chemicals, and electronic materials. The Life Science segment focuses on pharmaceuticals and medical devices. The Textile segment provides fibers, fabrics, non-woven and apparel products, while Others offers analysis, survey, and research services. It generates majority of revenue from the Textile segment.
78GF Score
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