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.
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.
Harima Chemicals GroupTSE:4410 +2.78%70 Days Payable is 42.66 as of Mar. 2026, which is 22% below its 10-year median of 54.78. GuruFocus rates TSE:4410 with a GF Score™ of 70/100 and a GF Value™ of 円953.12 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,554 Chemicals companies, Harima Chemicals Group ranks worse than 64.67% on this metric.
* 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.
TSE:4410 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Harima Chemicals Group'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.
Harima Chemicals Group Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Harima Chemicals Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Harima Chemicals Group's Days Payable falls into.
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.
Harima Chemicals Group's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Harima Chemicals Group (TSE:4410) has a Days Payable of 42.66 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 Harima Chemicals Group and its competitors. This is 22% below median its historical median of 54.78. Over the past decade, Harima Chemicals Group's Days Payable has ranged from 45.42 to 64.57. According to the industry distribution chart, Harima Chemicals Group ranks #1005 out of 1554 companies in the Chemicals industry, placing it in the top 64.7%.
Is Harima Chemicals Group's Days Payable too high?
Harima Chemicals Group's current Days Payable of 42.66 is 22% below median its 10-year median of 54.78. Over the past 10 years, this metric has ranged from a low of 45.42 to a high of 64.57. The Chemicals industry median Days Payable is 59.57. Harima Chemicals Group's value of 42.66 is 28.4% below this industry median. Based on the distribution chart, Harima Chemicals Group ranks #1005 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Harima Chemicals Group has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harima Chemicals Group's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Harima Chemicals Group ranks #1005 out of 1554 companies for Days Payable. This places Harima Chemicals Group in the lower half of its industry. The industry median Days Payable is 59.57. Harima Chemicals Group's value of 42.66 is 28.4% below this benchmark. Historically, Harima Chemicals Group's own Days Payable has ranged from 45.42 to 64.57 over the past decade. While the company's 10-year median is 54.78 vs. the industry median of 59.57, Harima Chemicals Group 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 59.57, 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. Harima Chemicals Group's current Days Payable of 42.66 is 28.4% 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 Harima Chemicals Group 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. Harima Chemicals Group's current Days Payable is 42.66, which is 22% below median its own 10-year median of 54.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harima Chemicals Group stock overvalued right now?
Based on GuruFocus' analysis, Harima Chemicals Group (TSE:4410) is currently considered Fairly Valued. The stock's GF Value™ is 円953.12, compared to a current price of 円1,034.00 — trading 8.5% above its estimated fair value. The current Days Payable is 42.66, which is 22% below median its 10-year median of 54.78 and 28.4% below the Chemicals industry median of 59.57. Harima Chemicals Group's overall GF Score™ is 70/100 with 8 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 Harima Chemicals Group (TSE:4410), the current Days Payable is 42.66 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 Harima Chemicals Group (TSE:4410) Overvalued in 2026?
Based on GuruFocus' analysis, Harima Chemicals Group stock appears to be overvalued.
The current stock price of 円1,034.00 is trading 8.5% above its estimated GF Value™ of 円953.12.
GuruFocus considers Harima Chemicals Group to be Fairly Valued.
Key valuation signals for TSE:4410:
Days Payable: 42.66 (22% below median its 10-year median of 54.78)
GF Value™: 円953.12 vs. price of 円1,034.00 (8.5% above fair value)
Industry Position: 28.4% below the Chemicals median (#1005 of 1554)
No single metric tells the full story. See the TSE:4410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harima Chemicals Group Inc is a Japan-based chemical manufacturer. The company is mainly engaged in chemical products business, papermaking chemical business, and electronic materials business. Products offered by the company include resins for printing ink, paint, resin for adhesive and adhesive, emulsifier for synthetic rubber, sizing agent, paper strength enhancer, and coating agent. Electronic materials business develops, manufacture and sell conductive paste, brazing material for aluminum and printed wiring board related materials. Harima has a world-wide network with presence in Europe, Asia, Oceania, North America, and South America.
70GF Score
Get the complete analysis for TSE:4410
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4410 has been successfully added to your 
