Koei Chemical Co (TSE:4367) Days Payable: 52.39 (As of Mar. 2026) — 43% Below Median

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TSE:4367 Koei Chemical Co Ltd TSE:4367
36 GF Score
Price 円2,550.00
GF Value 円1,969.26
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Koei Chemical Co Days Payable?

Koei Chemical Co TSE:4367 -1.81% 36 Days Payable is 52.39 as of Mar. 2026, which is 43% below its 10-year median of 91.31. GuruFocus rates TSE:4367 with a GF Score™ of 36/100 and a GF Value™ of 円1,969.26 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,569 Chemicals companies, Koei Chemical Co ranks better than 73.8% on this metric.

Koei Chemical Co's average Accounts Payable for the three months ended in Mar. 2026 was 円2,779 Mil. Koei Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円4,839 Mil. Hence, Koei Chemical Co's Days Payable for the three months ended in Mar. 2026 was 52.39.

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

TSE:4367' s Days Payable Range Over the Past 10 Years
Min: 75.76   Med: 91.31   Max: 103.17
Current: 95.15

During the past 13 years, Koei Chemical Co's highest Days Payable was 103.17. The lowest was 75.76. And the median was 91.31.

TSE:4367's Days Payable is ranked better than
73.8% of 1569 companies
in the Chemicals industry
Industry Median: 59.25 vs TSE:4367: 95.15

Koei Chemical Co's Days Payable declined from Mar. 2025 (56.33) to Mar. 2026 (52.39). It may suggest that Koei Chemical Co accelerated paying its suppliers.


Koei Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Koei 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.

Koei Chemical Co Days Payable Chart

Koei 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 61.19 54.41 52.01 51.63 58.32

Koei 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 56.33 90.87 109.59 142.32 52.39

TSE:4367 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Koei 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.


Koei Chemical Co Days Payable vs Chemicals Industry

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

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


TSE:4367
36GF Score
Koei Chemical Co Ltd TSE:4367
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Koei 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.

Koei 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
=( (2097.897 + 1733.003) / 2 ) / 11987.908*365
=1915.45 / 11987.908*365
=58.32

Koei 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
=( (3824 + 1733.003) / 2 ) / 4839.462*365 / 4
=2778.5015 / 4839.462*365 / 4
=52.39

* 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 52.39 mean?
Koei Chemical Co (TSE:4367) has a Days Payable of 52.39 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 Koei Chemical Co and its competitors. This is 43% below median its historical median of 91.31. Over the past decade, Koei Chemical Co's Days Payable has ranged from 75.76 to 103.17. According to the industry distribution chart, Koei Chemical Co ranks #411 out of 1569 companies in the Chemicals industry, placing it in the top 26.2%.
Is Koei Chemical Co's Days Payable too high?
Koei Chemical Co's current Days Payable of 52.39 is 43% below median its 10-year median of 91.31. Over the past 10 years, this metric has ranged from a low of 75.76 to a high of 103.17. The Chemicals industry median Days Payable is 59.25. Koei Chemical Co's value of 52.39 is 11.6% below this industry median. Based on the distribution chart, Koei Chemical Co ranks #411 out of 1569 companies in the Chemicals industry, which is above the industry midpoint. Overall, Koei Chemical Co has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koei Chemical Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Koei Chemical Co ranks #411 out of 1569 companies for Days Payable. This puts Koei Chemical Co in the upper half of its industry. The industry median Days Payable is 59.25. Koei Chemical Co's value of 52.39 is 11.6% below this benchmark. Historically, Koei Chemical Co's own Days Payable has ranged from 75.76 to 103.17 over the past decade. While the company's 10-year median is 91.31 vs. the industry median of 59.25, Koei 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 59.25, based on 1,569 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. Koei Chemical Co's current Days Payable of 52.39 is 11.6% 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 Koei Chemical Co and its competitors. For the Chemicals industry, the median Days Payable is 59.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koei Chemical Co's current Days Payable is 52.39, which is 43% below median its own 10-year median of 91.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Koei Chemical Co (TSE:4367) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,969.26, compared to a current price of 円2,550.00 — trading 29.5% above its estimated fair value. The current Days Payable is 52.39, which is 43% below median its 10-year median of 91.31 and 11.6% below the Chemicals industry median of 59.25. Koei Chemical Co's overall GF Score™ is 36/100 with 7 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 Koei Chemical Co (TSE:4367), the current Days Payable is 52.39 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 Koei Chemical Co (TSE:4367) Overvalued in 2026?

Based on GuruFocus' analysis, Koei Chemical Co stock appears to be overvalued. The current stock price of 円2,550.00 is trading 29.5% above its estimated GF Value™ of 円1,969.26. GuruFocus considers Koei Chemical Co to be Modestly Overvalued.

Key valuation signals for TSE:4367:

  • Days Payable: 52.39 (43% below median its 10-year median of 91.31)
  • GF Value™: 円1,969.26 vs. price of 円2,550.00 (29.5% above fair value)
  • GF Score™: 36/100 with 7 warning signs
  • Industry Position: 11.6% below the Chemicals median (#411 of 1569)

No single metric tells the full story. See the TSE:4367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koei Chemical Co Business Description

Address 25 Kitasode, Chiba Prefecture, Sodegaura, JPN, 299-0266
Koei Chemical Co Ltd is a chemical company. It manufactures and sells all kinds of chemical products such as Ionic liquids, polyhydric alcohols, Polyols used in alkyd resin paints used in architecture and automobiles, as well as in air conditioner lubricants and UV inks, Formalin Products used in Adhesives, Synthetic resins, Paints, pyridines, pyrazines, and amines. The company generates sales from locations such as Japan, Asia, Europe, North America.
36GF Score

Get the complete analysis for TSE:4367

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

円2,550.00
Price
円1,969.26
GF Value