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Rasa IndustriesTSE:4022 +1.65%70 Days Payable is 36.84 as of Mar. 2026, which is 34% below its 10-year median of 56.18. GuruFocus rates TSE:4022 with a GF Score™ of 70/100 and a GF Value™ of 円610.03 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,554 Chemicals companies, Rasa Industries ranks worse than 74.13% on this metric.
The historical rank and industry rank for Rasa Industries's Days Payable or its related term are showing as below:
TSE:4022'
s Days Payable Range Over the Past 10 Years
Min: 35.38 Med: 56.18 Max: 71.2
Current: 35.88
During the past 13 years, Rasa Industries's highest Days Payable was 71.20. The lowest was 35.38. And the median was 56.18.
TSE:4022's Days Payable is ranked worse than 74.13% of 1554
companies
in the Chemicals industry
Industry Median: 59.565
vs TSE:4022: 35.88
Rasa Industries's Days Payable
declined
from Mar. 2025 (37.66) to Mar. 2026 (36.84).
It may suggest that Rasa Industriesaccelerated paying its suppliers.
Rasa Industries Days Payable Related Terms
Rasa Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Rasa Industries'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.
TSE:4022 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Rasa Industries'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.
Rasa Industries Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Rasa Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Rasa Industries'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.
Rasa Industries'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.
Rasa Industries (TSE:4022) has a Days Payable of 36.84 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 Rasa Industries and its competitors. This is 34% below median its historical median of 56.18. Over the past decade, Rasa Industries' Days Payable has ranged from 35.38 to 71.20. According to the industry distribution chart, Rasa Industries ranks #1152 out of 1554 companies in the Chemicals industry, placing it in the top 74.1%.
Is Rasa Industries' Days Payable too high?
Rasa Industries' current Days Payable of 36.84 is 34% below median its 10-year median of 56.18. Over the past 10 years, this metric has ranged from a low of 35.38 to a high of 71.20. The Chemicals industry median Days Payable is 59.57. Rasa Industries' value of 36.84 is 38.2% below this industry median. Based on the distribution chart, Rasa Industries ranks #1152 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Rasa Industries has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rasa Industries' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rasa Industries ranks #1152 out of 1554 companies for Days Payable. This places Rasa Industries in the lower half of its industry. The industry median Days Payable is 59.57. Rasa Industries' value of 36.84 is 38.2% below this benchmark. Historically, Rasa Industries' own Days Payable has ranged from 35.38 to 71.20 over the past decade. While the company's 10-year median is 56.18 vs. the industry median of 59.57, Rasa Industries 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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. Rasa Industries's current Days Payable of 36.84 is 38.2% 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 Rasa Industries and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rasa Industries's current Days Payable is 36.84, which is 34% below median its own 10-year median of 56.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rasa Industries stock overvalued right now?
Based on GuruFocus' analysis, Rasa Industries (TSE:4022) is currently considered Significantly Overvalued. The stock's GF Value™ is 円610.03, compared to a current price of 円1,973.00 — trading 223.4% above its estimated fair value. The current Days Payable is 36.84, which is 34% below median its 10-year median of 56.18 and 38.2% below the Chemicals industry median of 59.57. Rasa Industries' overall GF Score™ is 70/100 with 1 warning sign 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 Rasa Industries (TSE:4022), the current Days Payable is 36.84 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 Rasa Industries (TSE:4022) Overvalued in 2026?
Based on GuruFocus' analysis, Rasa Industries stock appears to be overvalued.
The current stock price of 円1,973.00 is trading 223.4% above its estimated GF Value™ of 円610.03.
GuruFocus considers Rasa Industries to be Significantly Overvalued.
Key valuation signals for TSE:4022:
Days Payable: 36.84 (34% below median its 10-year median of 56.18)
GF Value™: 円610.03 vs. price of 円1,973.00 (223.4% above fair value)
Industry Position: 38.2% below the Chemicals median (#1152 of 1554)
No single metric tells the full story. See the TSE:4022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rasa Industries Ltd is engaged in the chemicals, machinery, and electronic materials business. The chemicals division manufactures and sells basic chemicals based on phosphorus-based products. The machinery division provides various machines such as drilling, crushing, and sorting, and the Electronic materials division is engaged in the development of the electronics industry by supplying high-purity inorganic materials that are raw materials for compound semiconductors, as well as resist strippers and coating agents used in semiconductor and liquid crystal panel manufacturing processes.
70GF Score
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