Eiken Chemical Co (TSE:4549) Days Payable: 64.91 (As of Mar. 2026) — 15% Below Median


TSE:4549 Eiken Chemical Co Ltd TSE:4549
80 GF Score
Price 円2,603.00
GF Value 円2,480.06
Valuation Fairly Valued
! 4 Warning Signs
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What is Eiken Chemical Co Days Payable?

Eiken Chemical Co TSE:4549 -0.80% 80 Days Payable is 64.91 as of Mar. 2026, which is 15% below its 10-year median of 76.62. GuruFocus rates TSE:4549 with a GF Score™ of 80/100 and a GF Value™ of 円2,480.06 (Fairly Valued). The stock has 4 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Eiken Chemical Co ranks better than 51.07% on this metric.

Eiken Chemical Co's average Accounts Payable for the three months ended in Mar. 2026 was 円4,957 Mil. Eiken Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円6,968 Mil. Hence, Eiken Chemical Co's Days Payable for the three months ended in Mar. 2026 was 64.91.

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

TSE:4549' s Days Payable Range Over the Past 10 Years
Min: 69.47   Med: 76.62   Max: 81
Current: 70.31

During the past 13 years, Eiken Chemical Co's highest Days Payable was 81.00. The lowest was 69.47. And the median was 76.62.

TSE:4549's Days Payable is ranked better than
51.07% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 68.07 vs TSE:4549: 70.31

Eiken Chemical Co's Days Payable declined from Mar. 2025 (77.07) to Mar. 2026 (64.91). It may suggest that Eiken Chemical Co accelerated paying its suppliers.


Eiken Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Eiken 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.

Eiken Chemical Co Days Payable Chart

Eiken 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 69.47 73.59 73.01 75.19 71.58

Eiken 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 77.07 75.68 73.51 66.96 64.91

TSE:4549 vs ABT, SYK, MDT: Days Payable Comparison

For the Medical Devices subindustry, Eiken 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.


Eiken Chemical Co Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Eiken Chemical Co's Days Payable distribution charts can be found below:

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


TSE:4549
80GF Score
Eiken Chemical Co Ltd TSE:4549
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Eiken 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.

Eiken 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
=( (5251 + 4838) / 2 ) / 25724*365
=5044.5 / 25724*365
=71.58

Eiken 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
=( (5075 + 4838) / 2 ) / 6968*365 / 4
=4956.5 / 6968*365 / 4
=64.91

* 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 64.91 mean?
Eiken Chemical Co (TSE:4549) has a Days Payable of 64.91 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 Eiken Chemical Co and its competitors. This is 15% below median its historical median of 76.62. Over the past decade, Eiken Chemical Co's Days Payable has ranged from 69.47 to 81.00. According to the industry distribution chart, Eiken Chemical Co ranks #389 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 48.9%.
Is Eiken Chemical Co's Days Payable too high?
Eiken Chemical Co's current Days Payable of 64.91 is 15% below median its 10-year median of 76.62. Over the past 10 years, this metric has ranged from a low of 69.47 to a high of 81.00. The Medical Devices & Instruments industry median Days Payable is 68.07. Eiken Chemical Co's value of 64.91 is 4.6% below this industry median. Based on the distribution chart, Eiken Chemical Co ranks #389 out of 795 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Eiken Chemical Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eiken Chemical Co's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Eiken Chemical Co ranks #389 out of 795 companies for Days Payable. This puts Eiken Chemical Co in the upper half of its industry. The industry median Days Payable is 68.07. Eiken Chemical Co's value of 64.91 is 4.6% below this benchmark. Historically, Eiken Chemical Co's own Days Payable has ranged from 69.47 to 81.00 over the past decade. While the company's 10-year median is 76.62 vs. the industry median of 68.07, Eiken 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.07, based on 795 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. Eiken Chemical Co's current Days Payable of 64.91 is 4.6% 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 Eiken Chemical Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eiken Chemical Co's current Days Payable is 64.91, which is 15% below median its own 10-year median of 76.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eiken Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Eiken Chemical Co (TSE:4549) is currently considered Fairly Valued. The stock's GF Value™ is 円2,480.06, compared to a current price of 円2,603.00 — trading 5% above its estimated fair value. The current Days Payable is 64.91, which is 15% below median its 10-year median of 76.62 and 4.6% below the Medical Devices & Instruments industry median of 68.07. Eiken Chemical Co's overall GF Score™ is 80/100 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 Eiken Chemical Co (TSE:4549), the current Days Payable is 64.91 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 Eiken Chemical Co (TSE:4549) Overvalued in 2026?

Based on GuruFocus' analysis, Eiken Chemical Co stock appears to be overvalued. The current stock price of 円2,603.00 is trading 5% above its estimated GF Value™ of 円2,480.06. GuruFocus considers Eiken Chemical Co to be Fairly Valued.

Key valuation signals for TSE:4549:

  • Days Payable: 64.91 (15% below median its 10-year median of 76.62)
  • GF Value™: 円2,480.06 vs. price of 円2,603.00 (5% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 4.6% below the Medical Devices & Instruments median (#389 of 795)

No single metric tells the full story. See the TSE:4549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eiken Chemical Co Business Description

Address 4-19-9 Taito, Taito-ku, Tokyo, JPN, 110-8408
Eiken Chemical Co Ltd is a Japan-based company. It manufactures and sells clinical diagnostics and equipment. The company is engaged in processing, manufacture, purchase and sale of test agents, property and casualty insurance agency business. It as a general manufacturer of clinical diagnostics offers a wide range of in vitro diagnostic aids for all fields of medicine. Its major products include the Fecal immunochemical test, Molecular Genetics (LAMP), Microbiology, among many others.
80GF Score

Get the complete analysis for TSE:4549

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

円2,603.00
Price
円2,480.06
GF Value