Ishiharangyo Kaisha (TSE:4028) Days Payable: 40.96 (As of Mar. 2026) — 43% Below Median

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TSE:4028 Ishihara Sangyo Kaisha Ltd TSE:4028
70 GF Score
Price 円2,984.00
GF Value 円1,814.18
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ishiharangyo Kaisha Days Payable?

Ishiharangyo Kaisha TSE:4028 +7.30% 70 Days Payable is 40.96 as of Mar. 2026, which is 43% below its 10-year median of 71.80. GuruFocus rates TSE:4028 with a GF Score™ of 70/100 and a GF Value™ of 円1,814.18 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,554 Chemicals companies, Ishiharangyo Kaisha ranks worse than 50.97% on this metric.

Ishiharangyo Kaisha's average Accounts Payable for the three months ended in Mar. 2026 was 円13,337 Mil. Ishiharangyo Kaisha's Cost of Goods Sold for the three months ended in Mar. 2026 was 円29,710 Mil. Hence, Ishiharangyo Kaisha's Days Payable for the three months ended in Mar. 2026 was 40.96.

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

TSE:4028' s Days Payable Range Over the Past 10 Years
Min: 45.51   Med: 71.8   Max: 85.59
Current: 58.59

During the past 13 years, Ishiharangyo Kaisha's highest Days Payable was 85.59. The lowest was 45.51. And the median was 71.80.

TSE:4028's Days Payable is ranked worse than
50.97% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs TSE:4028: 58.59

Ishiharangyo Kaisha's Days Payable declined from Mar. 2025 (60.20) to Mar. 2026 (40.96). It may suggest that Ishiharangyo Kaisha accelerated paying its suppliers.


Ishiharangyo Kaisha Days Payable Historical Data

* Premium members only.

The historical data trend for Ishiharangyo Kaisha'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.

Ishiharangyo Kaisha Days Payable Chart

Ishiharangyo Kaisha 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 72.62 73.32 78.61 61.80 45.51

Ishiharangyo Kaisha Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 60.20 56.48 79.84 78.37 40.96

TSE:4028 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Ishiharangyo Kaisha'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.


Ishiharangyo Kaisha Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ishiharangyo Kaisha's Days Payable distribution charts can be found below:

* The bar in red indicates where Ishiharangyo Kaisha's Days Payable falls into.


TSE:4028
70GF Score
Ishihara Sangyo Kaisha Ltd TSE:4028
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ishiharangyo Kaisha 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.

Ishiharangyo Kaisha'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
=( (14809 + 11434) / 2 ) / 105231*365
=13121.5 / 105231*365
=45.51

Ishiharangyo Kaisha'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (15239 + 11434) / 2 ) / 29710*365 / 4
=13336.5 / 29710*365 / 4
=40.96

* 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 40.96 mean?
Ishiharangyo Kaisha (TSE:4028) has a Days Payable of 40.96 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 Ishiharangyo Kaisha and its competitors. This is 43% below median its historical median of 71.80. Over the past decade, Ishiharangyo Kaisha's Days Payable has ranged from 45.51 to 85.59. According to the industry distribution chart, Ishiharangyo Kaisha ranks #792 out of 1554 companies in the Chemicals industry, placing it in the top 51%.
Is Ishiharangyo Kaisha's Days Payable too high?
Ishiharangyo Kaisha's current Days Payable of 40.96 is 43% below median its 10-year median of 71.80. Over the past 10 years, this metric has ranged from a low of 45.51 to a high of 85.59. The Chemicals industry median Days Payable is 59.57. Ishiharangyo Kaisha's value of 40.96 is 31.2% below this industry median. Based on the distribution chart, Ishiharangyo Kaisha ranks #792 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ishiharangyo Kaisha has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ishiharangyo Kaisha's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ishiharangyo Kaisha ranks #792 out of 1554 companies for Days Payable. This places Ishiharangyo Kaisha in the lower half of its industry. The industry median Days Payable is 59.57. Ishiharangyo Kaisha's value of 40.96 is 31.2% below this benchmark. Historically, Ishiharangyo Kaisha's own Days Payable has ranged from 45.51 to 85.59 over the past decade. While the company's 10-year median is 71.80 vs. the industry median of 59.57, Ishiharangyo Kaisha 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. Ishiharangyo Kaisha's current Days Payable of 40.96 is 31.2% 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 Ishiharangyo Kaisha 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. Ishiharangyo Kaisha's current Days Payable is 40.96, which is 43% below median its own 10-year median of 71.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishiharangyo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Ishiharangyo Kaisha (TSE:4028) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,814.18, compared to a current price of 円2,984.00 — trading 64.5% above its estimated fair value. The current Days Payable is 40.96, which is 43% below median its 10-year median of 71.80 and 31.2% below the Chemicals industry median of 59.57. Ishiharangyo Kaisha's overall GF Score™ is 70/100 with 2 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 Ishiharangyo Kaisha (TSE:4028), the current Days Payable is 40.96 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 Ishiharangyo Kaisha (TSE:4028) Overvalued in 2026?

Based on GuruFocus' analysis, Ishiharangyo Kaisha stock appears to be overvalued. The current stock price of 円2,984.00 is trading 64.5% above its estimated GF Value™ of 円1,814.18. GuruFocus considers Ishiharangyo Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:4028:

  • Days Payable: 40.96 (43% below median its 10-year median of 71.80)
  • GF Value™: 円1,814.18 vs. price of 円2,984.00 (64.5% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 31.2% below the Chemicals median (#792 of 1554)

No single metric tells the full story. See the TSE:4028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ishiharangyo Kaisha Business Description

Address 3-15 Edobori 1-chome, Nishi-ku, Osaka, JPN, 550-0002
Ishihara Sangyo Kaisha Ltd is mainly engaged in the manufacturing and marketing of agricultural chemicals in Japan. The company's core business activities are categorized into three key segments - Inorganic Chemicals, Organic Chemicals, and Other Businesses. Its product line consists of titanium dioxide products, environmental products such as gypsum and iron oxide stably, pharmaceuticals, battery materials and organic intermediates. Its primary geographic markets are Japan, Asia, America, Europe, and other.
70GF Score

Get the complete analysis for TSE:4028

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

円2,984.00
Price
円1,814.18
GF Value