Taoka Chemical Co (TSE:4113) Days Payable: 68.06 (As of Mar. 2026) — 19% 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:4113 Taoka Chemical Co Ltd TSE:4113
68 GF Score
Price 円727.00
GF Value 円1,039.20
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Taoka Chemical Co Days Payable?

Taoka Chemical Co TSE:4113 +1.54% 68 Days Payable is 68.06 as of Mar. 2026, which is 19% below its 10-year median of 84.42. GuruFocus rates TSE:4113 with a GF Score™ of 68/100 and a GF Value™ of 円1,039.20 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,552 Chemicals companies, Taoka Chemical Co ranks better than 57.09% on this metric.

Taoka Chemical Co's average Accounts Payable for the three months ended in Mar. 2026 was 円4,931 Mil. Taoka Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円6,611 Mil. Hence, Taoka Chemical Co's Days Payable for the three months ended in Mar. 2026 was 68.06.

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

TSE:4113' s Days Payable Range Over the Past 10 Years
Min: 64.54   Med: 84.42   Max: 95
Current: 67.89

During the past 13 years, Taoka Chemical Co's highest Days Payable was 95.00. The lowest was 64.54. And the median was 84.42.

TSE:4113's Days Payable is ranked better than
57.09% of 1552 companies
in the Chemicals industry
Industry Median: 59.645 vs TSE:4113: 67.89

Taoka Chemical Co's Days Payable declined from Mar. 2025 (68.94) to Mar. 2026 (68.06). It may suggest that Taoka Chemical Co accelerated paying its suppliers.


Taoka Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Taoka 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.

Taoka Chemical Co Days Payable Chart

Taoka 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 95.00 75.30 64.54 69.23 67.83

Taoka Chemical Co 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 68.94 67.98 64.63 71.52 68.06

TSE:4113 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Taoka 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.


Taoka Chemical Co Days Payable vs Chemicals Industry

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

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


TSE:4113
68GF Score
Taoka Chemical Co Ltd TSE:4113
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taoka 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.

Taoka 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
=( (4951 + 5241) / 2 ) / 27423*365
=5096 / 27423*365
=67.83

Taoka 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
=( (4621 + 5241) / 2 ) / 6611*365 / 4
=4931 / 6611*365 / 4
=68.06

* 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 68.06 mean?
Taoka Chemical Co (TSE:4113) has a Days Payable of 68.06 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 Taoka Chemical Co and its competitors. This is 19% below median its historical median of 84.42. Over the past decade, Taoka Chemical Co's Days Payable has ranged from 64.54 to 95.00. According to the industry distribution chart, Taoka Chemical Co ranks #666 out of 1552 companies in the Chemicals industry, placing it in the top 42.9%.
Is Taoka Chemical Co's Days Payable too high?
Taoka Chemical Co's current Days Payable of 68.06 is 19% below median its 10-year median of 84.42. Over the past 10 years, this metric has ranged from a low of 64.54 to a high of 95.00. The Chemicals industry median Days Payable is 59.65. Taoka Chemical Co's value of 68.06 is 14.1% above this industry median. Based on the distribution chart, Taoka Chemical Co ranks #666 out of 1552 companies in the Chemicals industry, which is above the industry midpoint. Overall, Taoka Chemical Co has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taoka Chemical Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taoka Chemical Co ranks #666 out of 1552 companies for Days Payable. This puts Taoka Chemical Co in the upper half of its industry. The industry median Days Payable is 59.65. Taoka Chemical Co's value of 68.06 is 14.1% above this benchmark. Historically, Taoka Chemical Co's own Days Payable has ranged from 64.54 to 95.00 over the past decade. While the company's 10-year median is 84.42 vs. the industry median of 59.65, Taoka Chemical Co has consistently been above 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. Taoka Chemical Co's current Days Payable of 68.06 is 14.1% above 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 Taoka 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. Taoka Chemical Co's current Days Payable is 68.06, which is 19% below median its own 10-year median of 84.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taoka Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Taoka Chemical Co (TSE:4113) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,039.20, compared to a current price of 円727.00 — trading 30% below its estimated fair value. The current Days Payable is 68.06, which is 19% below median its 10-year median of 84.42 and 14.1% above the Chemicals industry median of 59.65. Taoka Chemical Co's overall GF Score™ is 68/100 with 4 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 Taoka Chemical Co (TSE:4113), the current Days Payable is 68.06 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 Taoka Chemical Co (TSE:4113) Overvalued in 2026?

Based on GuruFocus' analysis, Taoka Chemical Co stock appears to be undervalued. The current stock price of 円727.00 is trading 30% below its estimated GF Value™ of 円1,039.20. GuruFocus considers Taoka Chemical Co to be Significantly Undervalued.

Key valuation signals for TSE:4113:

  • Days Payable: 68.06 (19% below median its 10-year median of 84.42)
  • GF Value™: 円1,039.20 vs. price of 円727.00 (30% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 14.1% above the Chemicals median (#666 of 1552)

No single metric tells the full story. See the TSE:4113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taoka Chemical Co Business Description

Address 4-2-11 Nishi-mikuni, Yodogawa-ku, Osaka, JPN, 532 0006
Taoka Chemical Co Ltd is a Japanese manufacturer of specialty chemicals. Its products include intermediates like pharmaceutical, agricultural and recording materials, materials for electronic components, dyes; functional Chemicals like rubber additives and instant adhesives; functional Process Resins such as paper chemicals and varnishes; Plasticizers, and others.
68GF Score

Get the complete analysis for TSE:4113

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

円727.00
Price
円1,039.20
GF Value