Nankai Chemical Co (TSE:4040) Days Payable: 40.85 (As of Mar. 2026) — 21% Below Median


TSE:4040 Nankai Chemical Co Ltd TSE:4040
72 GF Score
Price 円3,610.00
GF Value 円2,858.38
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nankai Chemical Co Days Payable?

Nankai Chemical Co TSE:4040 +4.03% 72 Days Payable is 40.85 as of Mar. 2026, which is 21% below its 10-year median of 51.73. GuruFocus rates TSE:4040 with a GF Score™ of 72/100 and a GF Value™ of 円2,858.38 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,555 Chemicals companies, Nankai Chemical Co ranks worse than 61.35% on this metric.

Nankai Chemical Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,931 Mil. Nankai Chemical Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円8,626 Mil. Hence, Nankai Chemical Co's Days Payable for the six months ended in Mar. 2026 was 40.85.

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

TSE:4040' s Days Payable Range Over the Past 10 Years
Min: 48.68   Med: 51.73   Max: 58.9
Current: 49.91

During the past 6 years, Nankai Chemical Co's highest Days Payable was 58.90. The lowest was 48.68. And the median was 51.73.

TSE:4040's Days Payable is ranked worse than
61.35% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs TSE:4040: 49.91

Nankai Chemical Co's Days Payable increased from Mar. 2025 (39.13) to Mar. 2026 (40.85). It may suggest that Nankai Chemical Co delayed paying its suppliers.


Nankai Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Nankai Chemical 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.

Nankai Chemical Co Days Payable Chart

Nankai Chemical Co Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 51.75 48.83 58.90 58.69 48.68

Nankai Chemical Co Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 55.01 61.89 39.13 63.44 40.85

TSE:4040 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Nankai Chemical 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.


Nankai Chemical Co Days Payable vs Chemicals Industry

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

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


TSE:4040
72GF Score
Nankai Chemical Co Ltd TSE:4040
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nankai Chemical 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.

Nankai Chemical 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
=( (2325 + 1698) / 2 ) / 15083*365
=2011.5 / 15083*365
=48.68

Nankai Chemical 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
=( (2164 + 1698) / 2 ) / 8626*365 / 2
=1931 / 8626*365 / 2
=40.85

* 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 40.85 mean?
Nankai Chemical Co (TSE:4040) has a Days Payable of 40.85 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 Nankai Chemical Co and its competitors. This is 21% below median its historical median of 51.73. Over the past decade, Nankai Chemical Co's Days Payable has ranged from 48.68 to 58.90. According to the industry distribution chart, Nankai Chemical Co ranks #954 out of 1555 companies in the Chemicals industry, placing it in the top 61.4%.
Is Nankai Chemical Co's Days Payable too high?
Nankai Chemical Co's current Days Payable of 40.85 is 21% below median its 10-year median of 51.73. Over the past 10 years, this metric has ranged from a low of 48.68 to a high of 58.90. The Chemicals industry median Days Payable is 59.95. Nankai Chemical Co's value of 40.85 is 31.9% below this industry median. Based on the distribution chart, Nankai Chemical Co ranks #954 out of 1555 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nankai Chemical Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nankai Chemical Co's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Nankai Chemical Co ranks #954 out of 1555 companies for Days Payable. This places Nankai Chemical Co in the lower half of its industry. The industry median Days Payable is 59.95. Nankai Chemical Co's value of 40.85 is 31.9% below this benchmark. Historically, Nankai Chemical Co's own Days Payable has ranged from 48.68 to 58.90 over the past decade. While the company's 10-year median is 51.73 vs. the industry median of 59.95, Nankai Chemical 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 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. Nankai Chemical Co's current Days Payable of 40.85 is 31.9% 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 Nankai Chemical Co and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nankai Chemical Co's current Days Payable is 40.85, which is 21% below median its own 10-year median of 51.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankai Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nankai Chemical Co (TSE:4040) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,858.38, compared to a current price of 円3,610.00 — trading 26.3% above its estimated fair value. The current Days Payable is 40.85, which is 21% below median its 10-year median of 51.73 and 31.9% below the Chemicals industry median of 59.95. Nankai Chemical Co's overall GF Score™ is 72/100 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 Nankai Chemical Co (TSE:4040), the current Days Payable is 40.85 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 Nankai Chemical Co (TSE:4040) Overvalued in 2026?

Based on GuruFocus' analysis, Nankai Chemical Co stock appears to be overvalued. The current stock price of 円3,610.00 is trading 26.3% above its estimated GF Value™ of 円2,858.38. GuruFocus considers Nankai Chemical Co to be Modestly Overvalued.

Key valuation signals for TSE:4040:

  • Days Payable: 40.85 (21% below median its 10-year median of 51.73)
  • GF Value™: 円2,858.38 vs. price of 円3,610.00 (26.3% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 31.9% below the Chemicals median (#954 of 1555)

No single metric tells the full story. See the TSE:4040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nankai Chemical Co Business Description

Address 1-12-19 Minamihorie, Yotsubashi Star Building, Nishi-ku, Osaka, JPN, 550-0015
Nankai Chemical Co Ltd is engaged in the manufacturing and sales of chemical products, agricultural products, quasi-drugs and food additives. collecting, transporting, and recycling of industrial wastes.
72GF Score

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

円3,610.00
Price
円2,858.38
GF Value