New Japan Chemical Co (TSE:4406) Days Payable: 66.18 (As of Mar. 2026) — 23% Below Median

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TSE:4406 New Japan Chemical Co Ltd TSE:4406
60 GF Score
Price 円201.00
GF Value 円199.57
Valuation Fairly Valued
! 5 Warning Signs
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What is New Japan Chemical Co Days Payable?

New Japan Chemical Co TSE:4406 +0.50% 60 Days Payable is 66.18 as of Mar. 2026, which is 23% below its 10-year median of 85.58. GuruFocus rates TSE:4406 with a GF Score™ of 60/100 and a GF Value™ of 円199.57 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,554 Chemicals companies, New Japan Chemical Co ranks better than 57.79% on this metric.

New Japan Chemical Co's average Accounts Payable for the six months ended in Mar. 2026 was 円4,963 Mil. New Japan Chemical Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円13,685 Mil. Hence, New Japan Chemical Co's Days Payable for the six months ended in Mar. 2026 was 66.18.

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

TSE:4406' s Days Payable Range Over the Past 10 Years
Min: 68.21   Med: 85.58   Max: 88.86
Current: 68.21

During the past 13 years, New Japan Chemical Co's highest Days Payable was 88.86. The lowest was 68.21. And the median was 85.58.

TSE:4406's Days Payable is ranked better than
57.79% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs TSE:4406: 68.21

New Japan Chemical Co's Days Payable declined from Mar. 2025 (72.10) to Mar. 2026 (66.18). It may suggest that New Japan Chemical Co accelerated paying its suppliers.


New Japan Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for New Japan 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.

New Japan Chemical Co Days Payable Chart

New Japan 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 88.86 84.86 88.05 87.09 69.49

New Japan Chemical Co 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 84.64 92.03 72.10 69.01 66.18

TSE:4406 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, New Japan 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.


New Japan Chemical Co Days Payable vs Chemicals Industry

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

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


TSE:4406
60GF Score
New Japan Chemical Co Ltd TSE:4406
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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New Japan 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.

New Japan 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
=( (5088 + 5109) / 2 ) / 26780*365
=5098.5 / 26780*365
=69.49

New Japan 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (4816 + 5109) / 2 ) / 13685*365 / 2
=4962.5 / 13685*365 / 2
=66.18

* 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 66.18 mean?
New Japan Chemical Co (TSE:4406) has a Days Payable of 66.18 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 New Japan Chemical Co and its competitors. This is 23% below median its historical median of 85.58. Over the past decade, New Japan Chemical Co's Days Payable has ranged from 68.21 to 88.86. According to the industry distribution chart, New Japan Chemical Co ranks #656 out of 1554 companies in the Chemicals industry, placing it in the top 42.2%.
Is New Japan Chemical Co's Days Payable too high?
New Japan Chemical Co's current Days Payable of 66.18 is 23% below median its 10-year median of 85.58. Over the past 10 years, this metric has ranged from a low of 68.21 to a high of 88.86. The Chemicals industry median Days Payable is 59.57. New Japan Chemical Co's value of 66.18 is 11.1% above this industry median. Based on the distribution chart, New Japan Chemical Co ranks #656 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, New Japan Chemical Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Japan Chemical Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, New Japan Chemical Co ranks #656 out of 1554 companies for Days Payable. This puts New Japan Chemical Co in the upper half of its industry. The industry median Days Payable is 59.57. New Japan Chemical Co's value of 66.18 is 11.1% above this benchmark. Historically, New Japan Chemical Co's own Days Payable has ranged from 68.21 to 88.86 over the past decade. While the company's 10-year median is 85.58 vs. the industry median of 59.57, New Japan 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 59.57, based on 1,554 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. New Japan Chemical Co's current Days Payable of 66.18 is 11.1% 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 New Japan Chemical Co and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Japan Chemical Co's current Days Payable is 66.18, which is 23% below median its own 10-year median of 85.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Japan Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, New Japan Chemical Co (TSE:4406) is currently considered Fairly Valued. The stock's GF Value™ is 円199.57, compared to a current price of 円201.00 — trading 0.7% above its estimated fair value. The current Days Payable is 66.18, which is 23% below median its 10-year median of 85.58 and 11.1% above the Chemicals industry median of 59.57. New Japan Chemical Co's overall GF Score™ is 60/100 with 5 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 New Japan Chemical Co (TSE:4406), the current Days Payable is 66.18 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 New Japan Chemical Co (TSE:4406) Overvalued in 2026?

Based on GuruFocus' analysis, New Japan Chemical Co stock appears to be overvalued. The current stock price of 円201.00 is trading 0.7% above its estimated GF Value™ of 円199.57. GuruFocus considers New Japan Chemical Co to be Fairly Valued.

Key valuation signals for TSE:4406:

  • Days Payable: 66.18 (23% below median its 10-year median of 85.58)
  • GF Value™: 円199.57 vs. price of 円201.00 (0.7% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 11.1% above the Chemicals median (#656 of 1554)

No single metric tells the full story. See the TSE:4406 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Japan Chemical Co Business Description

Address 13, Kashima Yagura-cho, Fushimi-ku, Kyoto, JPN
New Japan Chemical Co Ltd is a Japan-based company engages in the production and sale of oleo-chemical and chemical products. It offers fatty acids, glycerol, higher alcohols, unsaturated alcohols, surfactants, plasticizers, functional products, and resin additives.
60GF Score

Get the complete analysis for TSE:4406

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

円201.00
Price
円199.57
GF Value