Asahi Printing Co (TSE:3951) Days Payable: 17.64 (As of Mar. 2026) — 58% Below Median

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TSE:3951 Asahi Printing Co Ltd TSE:3951
66 GF Score
Price 円867.00
GF Value 円978.66
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asahi Printing Co Days Payable?

Asahi Printing Co TSE:3951 -0.91% 66 Days Payable is 17.64 as of Mar. 2026, which is 58% below its 10-year median of 42.18. GuruFocus rates TSE:3951 with a GF Score™ of 66/100 and a GF Value™ of 円978.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 381 Packaging & Containers companies, Asahi Printing Co ranks worse than 93.18% on this metric.

Asahi Printing Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,682 Mil. Asahi Printing Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円17,398 Mil. Hence, Asahi Printing Co's Days Payable for the six months ended in Mar. 2026 was 17.64.

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

TSE:3951' s Days Payable Range Over the Past 10 Years
Min: 18.52   Med: 42.18   Max: 90.2
Current: 18.52

During the past 13 years, Asahi Printing Co's highest Days Payable was 90.20. The lowest was 18.52. And the median was 42.18.

TSE:3951's Days Payable is ranked worse than
93.18% of 381 companies
in the Packaging & Containers industry
Industry Median: 57.27 vs TSE:3951: 18.52

Asahi Printing Co's Days Payable declined from Mar. 2025 (18.52) to Mar. 2026 (17.64). It may suggest that Asahi Printing Co accelerated paying its suppliers.


Asahi Printing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Asahi Printing 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.

Asahi Printing Co Days Payable Chart

Asahi Printing 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 28.63 23.00 20.90 19.97 19.32

Asahi Printing 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 19.67 18.78 18.52 18.59 17.64

TSE:3951 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Asahi Printing 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.


Asahi Printing Co Days Payable vs Packaging & Containers Industry

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

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


TSE:3951
66GF Score
Asahi Printing Co Ltd TSE:3951
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Printing 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.

Asahi Printing 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
=( (1950 + 1746) / 2 ) / 34910*365
=1848 / 34910*365
=19.32

Asahi Printing 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
=( (1618 + 1746) / 2 ) / 17398*365 / 2
=1682 / 17398*365 / 2
=17.64

* 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 17.64 mean?
Asahi Printing Co (TSE:3951) has a Days Payable of 17.64 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 Asahi Printing Co and its competitors. This is 58% below median its historical median of 42.18. Over the past decade, Asahi Printing Co's Days Payable has ranged from 18.52 to 90.20. According to the industry distribution chart, Asahi Printing Co ranks #355 out of 381 companies in the Packaging & Containers industry, placing it in the top 93.2%.
Is Asahi Printing Co's Days Payable too high?
Asahi Printing Co's current Days Payable of 17.64 is 58% below median its 10-year median of 42.18. Over the past 10 years, this metric has ranged from a low of 18.52 to a high of 90.20. The Packaging & Containers industry median Days Payable is 57.27. Asahi Printing Co's value of 17.64 is 69.2% below this industry median. Based on the distribution chart, Asahi Printing Co ranks #355 out of 381 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Asahi Printing Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Printing Co's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Asahi Printing Co ranks #355 out of 381 companies for Days Payable. This places Asahi Printing Co in the lower half of its industry. The industry median Days Payable is 57.27. Asahi Printing Co's value of 17.64 is 69.2% below this benchmark. Historically, Asahi Printing Co's own Days Payable has ranged from 18.52 to 90.20 over the past decade. While the company's 10-year median is 42.18 vs. the industry median of 57.27, Asahi Printing 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. Asahi Printing Co's current Days Payable of 17.64 is 69.2% 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 Asahi Printing 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. Asahi Printing Co's current Days Payable is 17.64, which is 58% below median its own 10-year median of 42.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Printing Co (TSE:3951) is currently considered Modestly Undervalued. The stock's GF Value™ is 円978.66, compared to a current price of 円867.00 — trading 11.4% below its estimated fair value. The current Days Payable is 17.64, which is 58% below median its 10-year median of 42.18 and 69.2% below the Packaging & Containers industry median of 57.27. Asahi Printing Co's overall GF Score™ is 66/100 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 Asahi Printing Co (TSE:3951), the current Days Payable is 17.64 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 Asahi Printing Co (TSE:3951) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Printing Co stock appears to be undervalued. The current stock price of 円867.00 is trading 11.4% below its estimated GF Value™ of 円978.66. GuruFocus considers Asahi Printing Co to be Modestly Undervalued.

Key valuation signals for TSE:3951:

  • Days Payable: 17.64 (58% below median its 10-year median of 42.18)
  • GF Value™: 円978.66 vs. price of 円867.00 (11.4% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 69.2% below the Packaging & Containers median (#355 of 381)

No single metric tells the full story. See the TSE:3951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Printing Co Business Description

Address Ichibancho Square Building, 1-1 Ichibancho, Toyama Prefecture, Toyama, JPN, 930-0061
Asahi Printing Co Ltd is engaged in the manufacture and sale of printing and packaging materials. In addition, the company also engages in the temporary staffing business. The company operates in three segments, which include the Printing and packaging business, the Packaging Systems Sales Business, and Others.
66GF Score

Get the complete analysis for TSE:3951

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

円867.00
Price
円978.66
GF Value