Chugai Ro Co (TSE:1964) Days Payable: 66.87 (As of Mar. 2026) — 42% Below Median


TSE:1964 Chugai Ro Co Ltd TSE:1964
77 GF Score
Price 円4,060.00
GF Value 円4,017.71
Valuation Fairly Valued
! 3 Warning Signs
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What is Chugai Ro Co Days Payable?

Chugai Ro Co TSE:1964 -0.12% 77 Days Payable is 66.87 as of Mar. 2026, which is 42% below its 10-year median of 116.18. GuruFocus rates TSE:1964 with a GF Score™ of 77/100 and a GF Value™ of 円4,017.71 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,986 Industrial Products companies, Chugai Ro Co ranks better than 52.98% on this metric.

Chugai Ro Co's average Accounts Payable for the six months ended in Mar. 2026 was 円6,264 Mil. Chugai Ro Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円17,095 Mil. Hence, Chugai Ro Co's Days Payable for the six months ended in Mar. 2026 was 66.87.

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

TSE:1964' s Days Payable Range Over the Past 10 Years
Min: 83.15   Med: 116.18   Max: 146.58
Current: 83.15

During the past 13 years, Chugai Ro Co's highest Days Payable was 146.58. The lowest was 83.15. And the median was 116.18.

TSE:1964's Days Payable is ranked better than
52.98% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs TSE:1964: 83.15

Chugai Ro Co's Days Payable declined from Mar. 2025 (72.04) to Mar. 2026 (66.87). It may suggest that Chugai Ro Co accelerated paying its suppliers.


Chugai Ro Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chugai Ro 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.

Chugai Ro Co Days Payable Chart

Chugai Ro Co 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 100.74 112.71 115.42 90.64 89.49

Chugai Ro Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 94.23 91.23 72.04 98.46 66.87

TSE:1964 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Chugai Ro 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.


Chugai Ro Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chugai Ro Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chugai Ro Co's Days Payable falls into.


TSE:1964
77GF Score
Chugai Ro Co Ltd TSE:1964
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chugai Ro 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.

Chugai Ro Co'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
=( (7441 + 6887) / 2 ) / 29218*365
=7164 / 29218*365
=89.49

Chugai Ro Co'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5640 + 6887) / 2 ) / 17095*365 / 2
=6263.5 / 17095*365 / 2
=66.87

* 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 66.87 mean?
Chugai Ro Co (TSE:1964) has a Days Payable of 66.87 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 Chugai Ro Co and its competitors. This is 42% below median its historical median of 116.18. Over the past decade, Chugai Ro Co's Days Payable has ranged from 83.15 to 146.58. According to the industry distribution chart, Chugai Ro Co ranks #1404 out of 2986 companies in the Industrial Products industry, placing it in the top 47%.
Is Chugai Ro Co's Days Payable too high?
Chugai Ro Co's current Days Payable of 66.87 is 42% below median its 10-year median of 116.18. Over the past 10 years, this metric has ranged from a low of 83.15 to a high of 146.58. The Industrial Products industry median Days Payable is 78.07. Chugai Ro Co's value of 66.87 is 14.3% below this industry median. Based on the distribution chart, Chugai Ro Co ranks #1404 out of 2986 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Chugai Ro Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chugai Ro Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chugai Ro Co ranks #1404 out of 2986 companies for Days Payable. This puts Chugai Ro Co in the upper half of its industry. The industry median Days Payable is 78.07. Chugai Ro Co's value of 66.87 is 14.3% below this benchmark. Historically, Chugai Ro Co's own Days Payable has ranged from 83.15 to 146.58 over the past decade. While the company's 10-year median is 116.18 vs. the industry median of 78.07, Chugai Ro 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 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. Chugai Ro Co's current Days Payable of 66.87 is 14.3% 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 Chugai Ro Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugai Ro Co's current Days Payable is 66.87, which is 42% below median its own 10-year median of 116.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugai Ro Co stock overvalued right now?
Based on GuruFocus' analysis, Chugai Ro Co (TSE:1964) is currently considered Fairly Valued. The stock's GF Value™ is 円4,017.71, compared to a current price of 円4,060.00 — trading 1.1% above its estimated fair value. The current Days Payable is 66.87, which is 42% below median its 10-year median of 116.18 and 14.3% below the Industrial Products industry median of 78.07. Chugai Ro Co's overall GF Score™ is 77/100 with 3 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 Chugai Ro Co (TSE:1964), the current Days Payable is 66.87 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 Chugai Ro Co (TSE:1964) Overvalued in 2026?

Based on GuruFocus' analysis, Chugai Ro Co stock appears to be overvalued. The current stock price of 円4,060.00 is trading 1.1% above its estimated GF Value™ of 円4,017.71. GuruFocus considers Chugai Ro Co to be Fairly Valued.

Key valuation signals for TSE:1964:

  • Days Payable: 66.87 (42% below median its 10-year median of 116.18)
  • GF Value™: 円4,017.71 vs. price of 円4,060.00 (1.1% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 14.3% below the Industrial Products median (#1404 of 2986)

No single metric tells the full story. See the TSE:1964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chugai Ro Co Business Description

Address 3-6-1 Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046
Chugai Ro Co Ltd is engaged in the development of technologies in the thermal technology field. The company operates through three segments namely Energy, Environmental preservation, and Information or communications. It offers various products including heat treatment furnaces for automobile machine parts, steel and nonferrous-metal heating furnaces, gas burner, film coating and drying equipment and environmental equipment and others.
77GF Score

Get the complete analysis for TSE:1964

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

円4,060.00
Price
円4,017.71
GF Value