Daito Chemix (TSE:4366) Days Payable: 42.44 (As of Mar. 2026) — 26% Above Median

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TSE:4366 Daito Chemix Corp TSE:4366
59 GF Score
Price 円463.00
GF Value 円258.46
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Daito Chemix Days Payable?

Daito Chemix TSE:4366 -0.64% 59 Days Payable is 42.44 as of Mar. 2026, which is 26% above its 10-year median of 33.56. GuruFocus rates TSE:4366 with a GF Score™ of 59/100 and a GF Value™ of 円258.46 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,553 Chemicals companies, Daito Chemix ranks worse than 69.29% on this metric.

Daito Chemix's average Accounts Payable for the six months ended in Mar. 2026 was 円2,044 Mil. Daito Chemix's Cost of Goods Sold for the six months ended in Mar. 2026 was 円8,787 Mil. Hence, Daito Chemix's Days Payable for the six months ended in Mar. 2026 was 42.44.

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

TSE:4366' s Days Payable Range Over the Past 10 Years
Min: 27.25   Med: 33.56   Max: 42.27
Current: 40.66

During the past 13 years, Daito Chemix's highest Days Payable was 42.27. The lowest was 27.25. And the median was 33.56.

TSE:4366's Days Payable is ranked worse than
69.29% of 1553 companies
in the Chemicals industry
Industry Median: 59.7 vs TSE:4366: 40.66

Daito Chemix's Days Payable increased from Mar. 2025 (38.49) to Mar. 2026 (42.44). It may suggest that Daito Chemix delayed paying its suppliers.


Daito Chemix Days Payable Historical Data

* Premium members only.

The historical data trend for Daito Chemix'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.

Daito Chemix Days Payable Chart

Daito Chemix 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 36.73 38.64 34.44 31.30 42.27

Daito Chemix 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 33.29 32.62 38.49 37.16 42.44

TSE:4366 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Daito Chemix'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.


Daito Chemix Days Payable vs Chemicals Industry

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

* The bar in red indicates where Daito Chemix's Days Payable falls into.


TSE:4366
59GF Score
Daito Chemix Corp TSE:4366
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Daito Chemix 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.

Daito Chemix'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
=( (1680 + 2317) / 2 ) / 17258*365
=1998.5 / 17258*365
=42.27

Daito Chemix'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
=( (1770 + 2317) / 2 ) / 8787*365 / 2
=2043.5 / 8787*365 / 2
=42.44

* 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 42.44 mean?
Daito Chemix (TSE:4366) has a Days Payable of 42.44 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 Daito Chemix and its competitors. This is 26% above median its historical median of 33.56. Over the past decade, Daito Chemix's Days Payable has ranged from 27.25 to 42.27. According to the industry distribution chart, Daito Chemix ranks #1076 out of 1553 companies in the Chemicals industry, placing it in the top 69.3%.
Is Daito Chemix's Days Payable too high?
Daito Chemix's current Days Payable of 42.44 is 26% above median its 10-year median of 33.56. Over the past 10 years, this metric has ranged from a low of 27.25 to a high of 42.27. The Chemicals industry median Days Payable is 59.70. Daito Chemix's value of 42.44 is 28.9% below this industry median. Based on the distribution chart, Daito Chemix ranks #1076 out of 1553 companies in the Chemicals industry, which is below the industry midpoint. Overall, Daito Chemix has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daito Chemix's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Daito Chemix ranks #1076 out of 1553 companies for Days Payable. This places Daito Chemix in the lower half of its industry. The industry median Days Payable is 59.70. Daito Chemix's value of 42.44 is 28.9% below this benchmark. Historically, Daito Chemix's own Days Payable has ranged from 27.25 to 42.27 over the past decade. While the company's 10-year median is 33.56 vs. the industry median of 59.70, Daito Chemix 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. Daito Chemix's current Days Payable of 42.44 is 28.9% 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 Daito Chemix 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. Daito Chemix's current Days Payable is 42.44, which is 26% above median its own 10-year median of 33.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daito Chemix stock overvalued right now?
Based on GuruFocus' analysis, Daito Chemix (TSE:4366) is currently considered Significantly Overvalued. The stock's GF Value™ is 円258.46, compared to a current price of 円463.00 — trading 79.1% above its estimated fair value. The current Days Payable is 42.44, which is 26% above median its 10-year median of 33.56 and 28.9% below the Chemicals industry median of 59.70. Daito Chemix's overall GF Score™ is 59/100 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 Daito Chemix (TSE:4366), the current Days Payable is 42.44 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 Daito Chemix (TSE:4366) Overvalued in 2026?

Based on GuruFocus' analysis, Daito Chemix stock appears to be overvalued. The current stock price of 円463.00 is trading 79.1% above its estimated GF Value™ of 円258.46. GuruFocus considers Daito Chemix to be Significantly Overvalued.

Key valuation signals for TSE:4366:

  • Days Payable: 42.44 (26% above median its 10-year median of 33.56)
  • GF Value™: 円258.46 vs. price of 円463.00 (79.1% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 28.9% below the Chemicals median (#1076 of 1553)

No single metric tells the full story. See the TSE:4366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daito Chemix Business Description

Address 3-1-7 Matsuta-Omiya, Tsurumi-ku, Osaka, JPN
Daito Chemix Corporation is engaged in the manufacture and sale of photosensitive materials, printing materials, photography materials, recording materials, and pharmaceutical intermediates, as well as other chemical products in Japan.
59GF Score

Get the complete analysis for TSE:4366

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

円463.00
Price
円258.46
GF Value