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* 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.
Okayama Paper Industries Co Days Payable Competitor Comparison
For the Paper & Paper Products subindustry, Okayama Paper Industries 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.
Okayama Paper Industries Co Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Okayama Paper Industries Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Okayama Paper Industries Co's Days Payable falls into.
Okayama Paper Industries 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.
* 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.
Okayama Paper Industries Co (TSE:3892) has a Days Payable of 19.31 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Okayama Paper Industries Co and its competitors. This is 75% below median its historical median of 76.15. Over the past decade, Okayama Paper Industries Co's Days Payable has ranged from 19.55 to 107.37. According to the industry distribution chart, Okayama Paper Industries Co ranks #217 out of 276 companies in the Forest Products industry, placing it in the top 78.6%.
Is Okayama Paper Industries Co's Days Payable too high?
Okayama Paper Industries Co's current Days Payable of 19.31 is 75% below median its 10-year median of 76.15. Over the past 10 years, this metric has ranged from a low of 19.55 to a high of 107.37. The Forest Products industry median Days Payable is 57.07. Okayama Paper Industries Co's value of 19.31 is 66.2% below this industry median. Based on the distribution chart, Okayama Paper Industries Co ranks #217 out of 276 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Okayama Paper Industries Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Okayama Paper Industries Co's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Okayama Paper Industries Co ranks #217 out of 276 companies for Days Payable. This places Okayama Paper Industries Co in the lower half of its industry. The industry median Days Payable is 57.07. Okayama Paper Industries Co's value of 19.31 is 66.2% below this benchmark. Historically, Okayama Paper Industries Co's own Days Payable has ranged from 19.55 to 107.37 over the past decade. While the company's 10-year median is 76.15 vs. the industry median of 57.07, Okayama Paper Industries 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.07, 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. Okayama Paper Industries Co's current Days Payable of 19.31 is 66.2% 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 Okayama Paper Industries Co and its competitors. For the Forest Products industry, the median Days Payable is 57.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayama Paper Industries Co's current Days Payable is 19.31, which is 75% below median its own 10-year median of 76.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayama Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okayama Paper Industries Co (TSE:3892) is currently considered Fairly Valued. The stock's GF Value™ is 円1,426.33, compared to a current price of 円1,570.00 — trading 10.1% above its estimated fair value. The current Days Payable is 19.31, which is 75% below median its 10-year median of 76.15 and 66.2% below the Forest Products industry median of 57.07. Okayama Paper Industries Co's overall GF Score™ is 72/100 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 Okayama Paper Industries Co (TSE:3892), the current Days Payable is 19.31 as of Feb. 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 Okayama Paper Industries Co (TSE:3892) Overvalued in 2026?
Based on GuruFocus' analysis, Okayama Paper Industries Co stock appears to be overvalued.
The current stock price of 円1,570.00 is trading 10.1% above its estimated GF Value™ of 円1,426.33.
GuruFocus considers Okayama Paper Industries Co to be Fairly Valued.
Key valuation signals for TSE:3892:
Days Payable: 19.31 (75% below median its 10-year median of 76.15)
GF Value™: 円1,426.33 vs. price of 円1,570.00 (10.1% above fair value)
Industry Position: 66.2% below the Forest Products median (#217 of 276)
No single metric tells the full story. See the TSE:3892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.
72GF Score
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