TomoegawaTSE:3878 -1.70%63 Days Payable is 63.75 as of Mar. 2026, which is 20% below its 10-year median of 79.30. GuruFocus rates TSE:3878 with a GF Score™ of 63/100 and a GF Value™ of 円819.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 275 Forest Products companies, Tomoegawa ranks better than 59.64% on this metric.
Tomoegawa's average Accounts Payable for the
six
months ended in Mar. 2026 was 円4,983 Mil. Tomoegawa's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円14,266 Mil.
Hence, Tomoegawa's Days Payable for the
six
months ended in Mar. 2026 was 63.75.
The historical rank and industry rank for Tomoegawa's Days Payable or its related term are showing as below:
TSE:3878'
s Days Payable Range Over the Past 10 Years
Min: 67.59 Med: 79.3 Max: 80.81
Current: 67.59
During the past 13 years, Tomoegawa's highest Days Payable was 80.81. The lowest was 67.59. And the median was 79.30.
TSE:3878's Days Payable is ranked better than 59.64% of 275
companies
in the Forest Products industry
Industry Median: 56.94
vs TSE:3878: 67.59
Tomoegawa's Days Payable
declined
from Mar. 2025 (74.77) to Mar. 2026 (63.75).
It may suggest that Tomoegawaaccelerated paying its suppliers.
Tomoegawa Days Payable Related Terms
Tomoegawa Days Payable Historical Data
* Premium members only.
The historical data trend for Tomoegawa'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.
For the Paper & Paper Products subindustry, Tomoegawa'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.
Tomoegawa Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Tomoegawa's Days Payable distribution charts can be found below:
* The bar in red indicates where Tomoegawa'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.
Tomoegawa'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.
Tomoegawa (TSE:3878) has a Days Payable of 63.75 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 Tomoegawa and its competitors. This is 20% below median its historical median of 79.30. Over the past decade, Tomoegawa's Days Payable has ranged from 67.59 to 80.81. According to the industry distribution chart, Tomoegawa ranks #111 out of 275 companies in the Forest Products industry, placing it in the top 40.4%.
Is Tomoegawa's Days Payable too high?
Tomoegawa's current Days Payable of 63.75 is 20% below median its 10-year median of 79.30. Over the past 10 years, this metric has ranged from a low of 67.59 to a high of 80.81. The Forest Products industry median Days Payable is 56.94. Tomoegawa's value of 63.75 is 12% above this industry median. Based on the distribution chart, Tomoegawa ranks #111 out of 275 companies in the Forest Products industry, which is above the industry midpoint. Overall, Tomoegawa has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tomoegawa's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Tomoegawa ranks #111 out of 275 companies for Days Payable. This puts Tomoegawa in the upper half of its industry. The industry median Days Payable is 56.94. Tomoegawa's value of 63.75 is 12% above this benchmark. Historically, Tomoegawa's own Days Payable has ranged from 67.59 to 80.81 over the past decade. While the company's 10-year median is 79.30 vs. the industry median of 56.94, Tomoegawa 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 56.94, based on 275 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. Tomoegawa's current Days Payable of 63.75 is 12% 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 Tomoegawa and its competitors. For the Forest Products industry, the median Days Payable is 56.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomoegawa's current Days Payable is 63.75, which is 20% below median its own 10-year median of 79.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomoegawa stock overvalued right now?
Based on GuruFocus' analysis, Tomoegawa (TSE:3878) is currently considered Fairly Valued. The stock's GF Value™ is 円819.21, compared to a current price of 円753.00 — trading 8.1% below its estimated fair value. The current Days Payable is 63.75, which is 20% below median its 10-year median of 79.30 and 12% above the Forest Products industry median of 56.94. Tomoegawa's overall GF Score™ is 63/100 with 4 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 Tomoegawa (TSE:3878), the current Days Payable is 63.75 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 Tomoegawa (TSE:3878) Overvalued in 2026?
Based on GuruFocus' analysis, Tomoegawa stock appears to be undervalued.
The current stock price of 円753.00 is trading 8.1% below its estimated GF Value™ of 円819.21.
GuruFocus considers Tomoegawa to be Fairly Valued.
Key valuation signals for TSE:3878:
Days Payable: 63.75 (20% below median its 10-year median of 79.30)
GF Value™: 円819.21 vs. price of 円753.00 (8.1% below fair value)
Industry Position: 12% above the Forest Products median (#111 of 275)
No single metric tells the full story. See the TSE:3878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomoegawa Corp manufactures, processes, and sells electronics parts, display parts, fine particles, functional sheets, and specialty paper products. It offers clear hard coat films for screen protection of mobile devices; adhesive tapes for circuit boards; and lids for hermetic seal package, as well as electrostatic chuck for LSI and LCD manufacturing process. The company also provides display component materials; and display film products. It offers fine particle materials, such as magnetic toners, non-magnetic toners, full color toners; information printing materials comprising inkjet; and special fiber sheets, including stainless fiber sheets, fluorine fiber sheets. Further, it provides ultra-lightweight printing papers; and insulating papers, conductive papers, absorbing papers.
63GF Score
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