Toda Kogyo (TSE:4100) Days Payable: 54.38 (As of Mar. 2026) — Near Median

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TSE:4100 Toda Kogyo Corp TSE:4100
50 GF Score
Price 円1,468.00
GF Value 円1,394.38
Valuation Fairly Valued
! 5 Warning Signs
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What is Toda Kogyo Days Payable?

Toda Kogyo TSE:4100 +1.52% 50 Days Payable is 54.38 as of Mar. 2026, which is 4% above its 10-year median of 52.30. GuruFocus rates TSE:4100 with a GF Score™ of 50/100 and a GF Value™ of 円1,394.38 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,553 Chemicals companies, Toda Kogyo ranks worse than 54.41% on this metric.

Toda Kogyo's average Accounts Payable for the six months ended in Mar. 2026 was 円3,142 Mil. Toda Kogyo's Cost of Goods Sold for the six months ended in Mar. 2026 was 円10,542 Mil. Hence, Toda Kogyo's Days Payable for the six months ended in Mar. 2026 was 54.38.

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

TSE:4100' s Days Payable Range Over the Past 10 Years
Min: 42.61   Med: 52.3   Max: 64.84
Current: 55.1

During the past 13 years, Toda Kogyo's highest Days Payable was 64.84. The lowest was 42.61. And the median was 52.30.

TSE:4100's Days Payable is ranked worse than
54.41% of 1553 companies
in the Chemicals industry
Industry Median: 59.7 vs TSE:4100: 55.10

Toda Kogyo's Days Payable increased from Mar. 2025 (41.76) to Mar. 2026 (54.38). It may suggest that Toda Kogyo delayed paying its suppliers.


Toda Kogyo Days Payable Historical Data

* Premium members only.

The historical data trend for Toda Kogyo'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.

Toda Kogyo Days Payable Chart

Toda Kogyo 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 64.84 62.61 64.68 48.17 56.43

Toda Kogyo 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 57.87 53.57 41.76 54.49 54.38

TSE:4100 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Toda Kogyo'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.


Toda Kogyo Days Payable vs Chemicals Industry

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

* The bar in red indicates where Toda Kogyo's Days Payable falls into.


TSE:4100
50GF Score
Toda Kogyo Corp TSE:4100
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Toda Kogyo 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.

Toda Kogyo'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
=( (3364 + 3222) / 2 ) / 21301*365
=3293 / 21301*365
=56.43

Toda Kogyo'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
=( (3061 + 3222) / 2 ) / 10542*365 / 2
=3141.5 / 10542*365 / 2
=54.38

* 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 54.38 mean?
Toda Kogyo (TSE:4100) has a Days Payable of 54.38 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 Toda Kogyo and its competitors. This is near median its historical median of 52.30. Over the past decade, Toda Kogyo's Days Payable has ranged from 42.61 to 64.84. According to the industry distribution chart, Toda Kogyo ranks #845 out of 1553 companies in the Chemicals industry, placing it in the top 54.4%.
Is Toda Kogyo's Days Payable too high?
Toda Kogyo's current Days Payable of 54.38 is near median its 10-year median of 52.30. Over the past 10 years, this metric has ranged from a low of 42.61 to a high of 64.84. The Chemicals industry median Days Payable is 59.70. Toda Kogyo's value of 54.38 is 8.9% below this industry median. Based on the distribution chart, Toda Kogyo ranks #845 out of 1553 companies in the Chemicals industry, which is below the industry midpoint. Overall, Toda Kogyo has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toda Kogyo's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Toda Kogyo ranks #845 out of 1553 companies for Days Payable. This places Toda Kogyo in the lower half of its industry. The industry median Days Payable is 59.70. Toda Kogyo's value of 54.38 is 8.9% below this benchmark. Historically, Toda Kogyo's own Days Payable has ranged from 42.61 to 64.84 over the past decade. While the company's 10-year median is 52.30 vs. the industry median of 59.70, Toda Kogyo 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 59.70, based on 1,553 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. Toda Kogyo's current Days Payable of 54.38 is 8.9% 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 Toda Kogyo and its competitors. For the Chemicals industry, the median Days Payable is 59.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toda Kogyo's current Days Payable is 54.38, which is near median its own 10-year median of 52.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toda Kogyo stock overvalued right now?
Based on GuruFocus' analysis, Toda Kogyo (TSE:4100) is currently considered Fairly Valued. The stock's GF Value™ is 円1,394.38, compared to a current price of 円1,468.00 — trading 5.3% above its estimated fair value. The current Days Payable is 54.38, which is near median its 10-year median of 52.30 and 8.9% below the Chemicals industry median of 59.70. Toda Kogyo's overall GF Score™ is 50/100 with 5 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 Toda Kogyo (TSE:4100), the current Days Payable is 54.38 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 Toda Kogyo (TSE:4100) Overvalued in 2026?

Based on GuruFocus' analysis, Toda Kogyo stock appears to be overvalued. The current stock price of 円1,468.00 is trading 5.3% above its estimated GF Value™ of 円1,394.38. GuruFocus considers Toda Kogyo to be Fairly Valued.

Key valuation signals for TSE:4100:

  • Days Payable: 54.38 (near median its 10-year median of 52.30)
  • GF Value™: 円1,394.38 vs. price of 円1,468.00 (5.3% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 8.9% below the Chemicals median (#845 of 1553)

No single metric tells the full story. See the TSE:4100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toda Kogyo Business Description

Address 1-23 Kyobashi-cho, Taiju Seimei Hiroshima Ekimae Building, 9th Floor, Minami-ku, Hiroshima, JPN, 732-0828
Toda Kogyo Corp trades in functional pigments and electronic materials. It offers electronic printing materials, such as toner materials for printers and copying machines, carriers for color printers and copying machines, and magnetic materials for printers and copying machines. It also provides electromagnetic compatibility/immunity solutions, including electric-wave absorber materials/electromagnetic interference. In addition, the firm offers lithium cobaltate, lithium-nickel oxide, and lithium manganate battery materials for personal computers, mobile phones. Additionally, it offers pigments for colored pavements, reflective pigments, and pigments for coatings and resins; and magnetic recording materials for digital recording media used with computers and videotapes for broadcasting.
50GF Score

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

円1,468.00
Price
円1,394.38
GF Value