Ohishingyo Co (TSE:3943) Days Payable: 31.14 (As of Mar. 2026) — 18% Below Median

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TSE:3943 Ohishi Sangyo Co Ltd TSE:3943
79 GF Score
Price 円1,298.00
GF Value 円1,161.39
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ohishingyo Co Days Payable?

Ohishingyo Co TSE:3943 +0.78% 79 Days Payable is 31.14 as of Mar. 2026, which is 18% below its 10-year median of 38.02. GuruFocus rates TSE:3943 with a GF Score™ of 79/100 and a GF Value™ of 円1,161.39 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 381 Packaging & Containers companies, Ohishingyo Co ranks worse than 80.05% on this metric.

Ohishingyo Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,663 Mil. Ohishingyo Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円9,745 Mil. Hence, Ohishingyo Co's Days Payable for the six months ended in Mar. 2026 was 31.14.

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

TSE:3943' s Days Payable Range Over the Past 10 Years
Min: 32.29   Med: 38.02   Max: 41.04
Current: 32.29

During the past 13 years, Ohishingyo Co's highest Days Payable was 41.04. The lowest was 32.29. And the median was 38.02.

TSE:3943's Days Payable is ranked worse than
80.05% of 381 companies
in the Packaging & Containers industry
Industry Median: 57.27 vs TSE:3943: 32.29

Ohishingyo Co's Days Payable declined from Mar. 2025 (32.44) to Mar. 2026 (31.14). It may suggest that Ohishingyo Co accelerated paying its suppliers.


Ohishingyo Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ohishingyo 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.

Ohishingyo Co Days Payable Chart

Ohishingyo 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 40.95 39.55 38.69 34.71 33.81

Ohishingyo 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 37.47 35.69 32.44 31.93 31.14

TSE:3943 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Ohishingyo 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.


Ohishingyo Co Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ohishingyo Co's Days Payable distribution charts can be found below:

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


TSE:3943
79GF Score
Ohishi Sangyo Co Ltd TSE:3943
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ohishingyo 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.

Ohishingyo 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
=( (1729 + 1800) / 2 ) / 19047*365
=1764.5 / 19047*365
=33.81

Ohishingyo 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
=( (1526 + 1800) / 2 ) / 9745*365 / 2
=1663 / 9745*365 / 2
=31.14

* 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 31.14 mean?
Ohishingyo Co (TSE:3943) has a Days Payable of 31.14 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 Ohishingyo Co and its competitors. This is 18% below median its historical median of 38.02. Over the past decade, Ohishingyo Co's Days Payable has ranged from 32.29 to 41.04. According to the industry distribution chart, Ohishingyo Co ranks #305 out of 381 companies in the Packaging & Containers industry, placing it in the top 80.1%.
Is Ohishingyo Co's Days Payable too high?
Ohishingyo Co's current Days Payable of 31.14 is 18% below median its 10-year median of 38.02. Over the past 10 years, this metric has ranged from a low of 32.29 to a high of 41.04. The Packaging & Containers industry median Days Payable is 57.27. Ohishingyo Co's value of 31.14 is 45.6% below this industry median. Based on the distribution chart, Ohishingyo Co ranks #305 out of 381 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Ohishingyo Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ohishingyo Co's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Ohishingyo Co ranks #305 out of 381 companies for Days Payable. This places Ohishingyo Co in the lower half of its industry. The industry median Days Payable is 57.27. Ohishingyo Co's value of 31.14 is 45.6% below this benchmark. Historically, Ohishingyo Co's own Days Payable has ranged from 32.29 to 41.04 over the past decade. While the company's 10-year median is 38.02 vs. the industry median of 57.27, Ohishingyo 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 381 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. Ohishingyo Co's current Days Payable of 31.14 is 45.6% 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 Ohishingyo Co and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ohishingyo Co's current Days Payable is 31.14, which is 18% below median its own 10-year median of 38.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ohishingyo Co stock overvalued right now?
Based on GuruFocus' analysis, Ohishingyo Co (TSE:3943) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,161.39, compared to a current price of 円1,298.00 — trading 11.8% above its estimated fair value. The current Days Payable is 31.14, which is 18% below median its 10-year median of 38.02 and 45.6% below the Packaging & Containers industry median of 57.27. Ohishingyo Co's overall GF Score™ is 79/100 with 6 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 Ohishingyo Co (TSE:3943), the current Days Payable is 31.14 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 Ohishingyo Co (TSE:3943) Overvalued in 2026?

Based on GuruFocus' analysis, Ohishingyo Co stock appears to be overvalued. The current stock price of 円1,298.00 is trading 11.8% above its estimated GF Value™ of 円1,161.39. GuruFocus considers Ohishingyo Co to be Modestly Overvalued.

Key valuation signals for TSE:3943:

  • Days Payable: 31.14 (18% below median its 10-year median of 38.02)
  • GF Value™: 円1,161.39 vs. price of 円1,298.00 (11.8% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 45.6% below the Packaging & Containers median (#305 of 381)

No single metric tells the full story. See the TSE:3943 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ohishingyo Co Business Description

Address 7-1 Momozono 2-Chome, Yahata Higashi-Ku, Kitakyushu, JPN, 805-0068
Ohishi Sangyo Co Ltd is a manufacturer of industrial packaging materials. It is engaged in the manufacture and sale of industrial packaging materials for various logistics applications. Its products include pulp mould, plastic film, heavy duty bag, corrugated board, cradle. It provides various pulp mould to pack eggs, fruits and vegetables, sanitary ware, televisions, and printers.
79GF Score

Get the complete analysis for TSE:3943

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

円1,298.00
Price
円1,161.39
GF Value