Hodogaya Chemical Co (TSE:4112) Days Payable: 58.19 (As of Mar. 2026) — 12% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4112 Hodogaya Chemical Co Ltd TSE:4112
81 GF Score
Price 円2,012.00
GF Value 円1,983.38
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Hodogaya Chemical Co Days Payable?

Hodogaya Chemical Co TSE:4112 -1.71% 81 Days Payable is 58.19 as of Mar. 2026, which is 12% below its 10-year median of 66.22. GuruFocus rates TSE:4112 with a GF Score™ of 81/100 and a GF Value™ of 円1,983.38 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,552 Chemicals companies, Hodogaya Chemical Co ranks worse than 50.13% on this metric.

Hodogaya Chemical Co's average Accounts Payable for the three months ended in Mar. 2026 was 円5,230 Mil. Hodogaya Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円8,201 Mil. Hence, Hodogaya Chemical Co's Days Payable for the three months ended in Mar. 2026 was 58.19.

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

TSE:4112' s Days Payable Range Over the Past 10 Years
Min: 59.54   Med: 66.22   Max: 82.02
Current: 59.54

During the past 13 years, Hodogaya Chemical Co's highest Days Payable was 82.02. The lowest was 59.54. And the median was 66.22.

TSE:4112's Days Payable is ranked worse than
50.13% of 1552 companies
in the Chemicals industry
Industry Median: 59.645 vs TSE:4112: 59.54

Hodogaya Chemical Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (58.19). It may suggest that Hodogaya Chemical Co delayed paying its suppliers.


Hodogaya Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hodogaya 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.

Hodogaya Chemical Co Days Payable Chart

Hodogaya Chemical 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 67.06 63.93 65.38 61.44 62.86

Hodogaya Chemical Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 59.49 56.30 60.92 58.19

TSE:4112 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Hodogaya 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.


Hodogaya Chemical Co Days Payable vs Chemicals Industry

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

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


TSE:4112
81GF Score
Hodogaya Chemical Co Ltd TSE:4112
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hodogaya 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.

Hodogaya 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
=( (4761 + 5323) / 2 ) / 29278*365
=5042 / 29278*365
=62.86

Hodogaya 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5136 + 5323) / 2 ) / 8201*365 / 4
=5229.5 / 8201*365 / 4
=58.19

* 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 58.19 mean?
Hodogaya Chemical Co (TSE:4112) has a Days Payable of 58.19 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 Hodogaya Chemical Co and its competitors. This is 12% below median its historical median of 66.22. Over the past decade, Hodogaya Chemical Co's Days Payable has ranged from 59.54 to 82.02. According to the industry distribution chart, Hodogaya Chemical Co ranks #778 out of 1552 companies in the Chemicals industry, placing it in the top 50.1%.
Is Hodogaya Chemical Co's Days Payable too high?
Hodogaya Chemical Co's current Days Payable of 58.19 is 12% below median its 10-year median of 66.22. Over the past 10 years, this metric has ranged from a low of 59.54 to a high of 82.02. The Chemicals industry median Days Payable is 59.65. Hodogaya Chemical Co's value of 58.19 is 2.4% below this industry median. Based on the distribution chart, Hodogaya Chemical Co ranks #778 out of 1552 companies in the Chemicals industry, which is below the industry midpoint. Overall, Hodogaya Chemical Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hodogaya Chemical Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hodogaya Chemical Co ranks #778 out of 1552 companies for Days Payable. This places Hodogaya Chemical Co in the lower half of its industry. The industry median Days Payable is 59.65. Hodogaya Chemical Co's value of 58.19 is 2.4% below this benchmark. Historically, Hodogaya Chemical Co's own Days Payable has ranged from 59.54 to 82.02 over the past decade. While the company's 10-year median is 66.22 vs. the industry median of 59.65, Hodogaya 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 59.65, based on 1,552 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. Hodogaya Chemical Co's current Days Payable of 58.19 is 2.4% 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 Hodogaya Chemical Co and its competitors. For the Chemicals industry, the median Days Payable is 59.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hodogaya Chemical Co's current Days Payable is 58.19, which is 12% below median its own 10-year median of 66.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hodogaya Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Hodogaya Chemical Co (TSE:4112) is currently considered Fairly Valued. The stock's GF Value™ is 円1,983.38, compared to a current price of 円2,012.00 — trading 1.4% above its estimated fair value. The current Days Payable is 58.19, which is 12% below median its 10-year median of 66.22 and 2.4% below the Chemicals industry median of 59.65. Hodogaya Chemical Co's overall GF Score™ is 81/100 with 6 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 Hodogaya Chemical Co (TSE:4112), the current Days Payable is 58.19 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 Hodogaya Chemical Co (TSE:4112) Overvalued in 2026?

Based on GuruFocus' analysis, Hodogaya Chemical Co stock appears to be overvalued. The current stock price of 円2,012.00 is trading 1.4% above its estimated GF Value™ of 円1,983.38. GuruFocus considers Hodogaya Chemical Co to be Fairly Valued.

Key valuation signals for TSE:4112:

  • Days Payable: 58.19 (12% below median its 10-year median of 66.22)
  • GF Value™: 円1,983.38 vs. price of 円2,012.00 (1.4% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 2.4% below the Chemicals median (#778 of 1552)

No single metric tells the full story. See the TSE:4112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hodogaya Chemical Co Business Description

Address Davinci Shiba Park Bldg, B-11th floor, 2-4-1 Shiba koen, Minato-ku, Tokyo, JPN, 105-0011
Hodogaya Chemical Co Ltd manufactures and sells functional colorants, specialty polymers, basic chemicals, and agro-science products in Japan. The firm's product includes imaging materials, dyes, colors, food additives, and organic light emitting diode materials. The Functional Polymers unit consists of urethane and cement-based construction and civil engineering materials, polyol, and basic raw materials for general chemistry industry. Basic Chemicals handles production of hydrogen peroxide. Agro-Science unit deals with herbicides, pesticides, and growth control agents for crop fields, golf courses, and green areas. Logistic services include warehousing, cargo transport, and commissioned research businesses.
81GF Score

Get the complete analysis for TSE:4112

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

円2,012.00
Price
円1,983.38
GF Value