Tigers Polymer (TSE:4231) Days Payable: 23.82 (As of Mar. 2026) — Near Median

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TSE:4231 Tigers Polymer Corp TSE:4231
74 GF Score
Price 円1,040.00
GF Value 円889.65
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Tigers Polymer Days Payable?

Tigers Polymer TSE:4231 -1.14% 74 Days Payable is 23.82 as of Mar. 2026, which is 6% below its 10-year median of 25.32. GuruFocus rates TSE:4231 with a GF Score™ of 74/100 and a GF Value™ of 円889.65 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,552 Chemicals companies, Tigers Polymer ranks worse than 85.31% on this metric.

Tigers Polymer's average Accounts Payable for the six months ended in Mar. 2026 was 円2,679 Mil. Tigers Polymer's Cost of Goods Sold for the six months ended in Mar. 2026 was 円20,526 Mil. Hence, Tigers Polymer's Days Payable for the six months ended in Mar. 2026 was 23.82.

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

TSE:4231' s Days Payable Range Over the Past 10 Years
Min: 23.01   Med: 25.32   Max: 27.71
Current: 24.42

During the past 13 years, Tigers Polymer's highest Days Payable was 27.71. The lowest was 23.01. And the median was 25.32.

TSE:4231's Days Payable is ranked worse than
85.31% of 1552 companies
in the Chemicals industry
Industry Median: 59.645 vs TSE:4231: 24.42

Tigers Polymer's Days Payable declined from Mar. 2025 (24.61) to Mar. 2026 (23.82). It may suggest that Tigers Polymer accelerated paying its suppliers.


Tigers Polymer Days Payable Historical Data

* Premium members only.

The historical data trend for Tigers Polymer'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.

Tigers Polymer Days Payable Chart

Tigers Polymer 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 26.06 25.78 24.38 23.01 24.33

Tigers Polymer 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 23.96 23.62 24.61 25.18 23.82

TSE:4231 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Tigers Polymer'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.


Tigers Polymer Days Payable vs Chemicals Industry

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

* The bar in red indicates where Tigers Polymer's Days Payable falls into.


TSE:4231
74GF Score
Tigers Polymer Corp TSE:4231
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tigers Polymer 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.

Tigers Polymer'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
=( (2563.863 + 2696.161) / 2 ) / 39461.713*365
=2630.012 / 39461.713*365
=24.33

Tigers Polymer'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
=( (2661.503 + 2696.161) / 2 ) / 20526.027*365 / 2
=2678.832 / 20526.027*365 / 2
=23.82

* 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 23.82 mean?
Tigers Polymer (TSE:4231) has a Days Payable of 23.82 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 Tigers Polymer and its competitors. This is near median its historical median of 25.32. Over the past decade, Tigers Polymer's Days Payable has ranged from 23.01 to 27.71. According to the industry distribution chart, Tigers Polymer ranks #1324 out of 1552 companies in the Chemicals industry, placing it in the top 85.3%.
Is Tigers Polymer's Days Payable too high?
Tigers Polymer's current Days Payable of 23.82 is near median its 10-year median of 25.32. Over the past 10 years, this metric has ranged from a low of 23.01 to a high of 27.71. The Chemicals industry median Days Payable is 59.65. Tigers Polymer's value of 23.82 is 60.1% below this industry median. Based on the distribution chart, Tigers Polymer ranks #1324 out of 1552 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Tigers Polymer has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tigers Polymer's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tigers Polymer ranks #1324 out of 1552 companies for Days Payable. This places Tigers Polymer in the lower half of its industry. The industry median Days Payable is 59.65. Tigers Polymer's value of 23.82 is 60.1% below this benchmark. Historically, Tigers Polymer's own Days Payable has ranged from 23.01 to 27.71 over the past decade. While the company's 10-year median is 25.32 vs. the industry median of 59.65, Tigers Polymer 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. Tigers Polymer's current Days Payable of 23.82 is 60.1% 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 Tigers Polymer 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. Tigers Polymer's current Days Payable is 23.82, which is near median its own 10-year median of 25.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tigers Polymer stock overvalued right now?
Based on GuruFocus' analysis, Tigers Polymer (TSE:4231) is currently considered Modestly Overvalued. The stock's GF Value™ is 円889.65, compared to a current price of 円1,040.00 — trading 16.9% above its estimated fair value. The current Days Payable is 23.82, which is near median its 10-year median of 25.32 and 60.1% below the Chemicals industry median of 59.65. Tigers Polymer's overall GF Score™ is 74/100 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 Tigers Polymer (TSE:4231), the current Days Payable is 23.82 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 Tigers Polymer (TSE:4231) Overvalued in 2026?

Based on GuruFocus' analysis, Tigers Polymer stock appears to be overvalued. The current stock price of 円1,040.00 is trading 16.9% above its estimated GF Value™ of 円889.65. GuruFocus considers Tigers Polymer to be Modestly Overvalued.

Key valuation signals for TSE:4231:

  • Days Payable: 23.82 (near median its 10-year median of 25.32)
  • GF Value™: 円889.65 vs. price of 円1,040.00 (16.9% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 60.1% below the Chemicals median (#1324 of 1552)

No single metric tells the full story. See the TSE:4231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tigers Polymer Business Description

Address 4-1, 1-chome, Shinsenri Higashi-machi, Toyonaka, Osaka, JPN, 560-0082
Tigers Polymer Corp is engaged in the manufacture of various parts and parts materials of the same type and series. Its segments include Hose manufacturers and sellers of hoses for home appliances (hoses for vacuum cleaners, washing machines, and air conditioners) and industrial hoses; rubber sheets are used for packing materials, cushioning materials, and mats, mainly for entrances.
74GF Score

Get the complete analysis for TSE:4231

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

円1,040.00
Price
円889.65
GF Value