Shinto Paint Co (TSE:4615) Days Payable: 79.94 (As of Mar. 2026) — 17% Below Median

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TSE:4615 Shinto Paint Co Ltd TSE:4615
50 GF Score
Price 円129.00
GF Value 円129.72
Valuation Fairly Valued
! 6 Warning Signs
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What is Shinto Paint Co Days Payable?

Shinto Paint Co TSE:4615 +0.78% 50 Days Payable is 79.94 as of Mar. 2026, which is 17% below its 10-year median of 96.64. GuruFocus rates TSE:4615 with a GF Score™ of 50/100 and a GF Value™ of 円129.72 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,553 Chemicals companies, Shinto Paint Co ranks better than 67.22% on this metric.

Shinto Paint Co's average Accounts Payable for the six months ended in Mar. 2026 was 円3,936 Mil. Shinto Paint Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円8,985 Mil. Hence, Shinto Paint Co's Days Payable for the six months ended in Mar. 2026 was 79.94.

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

TSE:4615' s Days Payable Range Over the Past 10 Years
Min: 79.5   Med: 96.64   Max: 136.58
Current: 81.15

During the past 13 years, Shinto Paint Co's highest Days Payable was 136.58. The lowest was 79.50. And the median was 96.64.

TSE:4615's Days Payable is ranked better than
67.22% of 1553 companies
in the Chemicals industry
Industry Median: 59.7 vs TSE:4615: 81.15

Shinto Paint Co's Days Payable declined from Mar. 2025 (85.02) to Mar. 2026 (79.94). It may suggest that Shinto Paint Co accelerated paying its suppliers.


Shinto Paint Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shinto Paint 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.

Shinto Paint Co Days Payable Chart

Shinto Paint 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 95.03 94.18 98.25 88.62 79.50

Shinto Paint 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 104.51 91.64 85.02 84.02 79.94

TSE:4615 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Shinto Paint 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.


Shinto Paint Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Shinto Paint Co's Days Payable falls into.


TSE:4615
50GF Score
Shinto Paint Co Ltd TSE:4615
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinto Paint 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.

Shinto Paint 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
=( (4040 + 3740) / 2 ) / 17859*365
=3890 / 17859*365
=79.50

Shinto Paint 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
=( (4131 + 3740) / 2 ) / 8985*365 / 2
=3935.5 / 8985*365 / 2
=79.94

* 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 79.94 mean?
Shinto Paint Co (TSE:4615) has a Days Payable of 79.94 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 Shinto Paint Co and its competitors. This is 17% below median its historical median of 96.64. Over the past decade, Shinto Paint Co's Days Payable has ranged from 79.50 to 136.58. According to the industry distribution chart, Shinto Paint Co ranks #509 out of 1553 companies in the Chemicals industry, placing it in the top 32.8%.
Is Shinto Paint Co's Days Payable too high?
Shinto Paint Co's current Days Payable of 79.94 is 17% below median its 10-year median of 96.64. Over the past 10 years, this metric has ranged from a low of 79.50 to a high of 136.58. The Chemicals industry median Days Payable is 59.70. Shinto Paint Co's value of 79.94 is 33.9% above this industry median. Based on the distribution chart, Shinto Paint Co ranks #509 out of 1553 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shinto Paint Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinto Paint Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shinto Paint Co ranks #509 out of 1553 companies for Days Payable. This puts Shinto Paint Co in the upper half of its industry. The industry median Days Payable is 59.70. Shinto Paint Co's value of 79.94 is 33.9% above this benchmark. Historically, Shinto Paint Co's own Days Payable has ranged from 79.50 to 136.58 over the past decade. While the company's 10-year median is 96.64 vs. the industry median of 59.70, Shinto Paint 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 59.70, 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. Shinto Paint Co's current Days Payable of 79.94 is 33.9% 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 Shinto Paint Co 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. Shinto Paint Co's current Days Payable is 79.94, which is 17% below median its own 10-year median of 96.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinto Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Shinto Paint Co (TSE:4615) is currently considered Fairly Valued. The stock's GF Value™ is 円129.72, compared to a current price of 円129.00 — trading 0.6% below its estimated fair value. The current Days Payable is 79.94, which is 17% below median its 10-year median of 96.64 and 33.9% above the Chemicals industry median of 59.70. Shinto Paint Co's overall GF Score™ is 50/100 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 Shinto Paint Co (TSE:4615), the current Days Payable is 79.94 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 Shinto Paint Co (TSE:4615) Overvalued in 2026?

Based on GuruFocus' analysis, Shinto Paint Co stock appears to be undervalued. The current stock price of 円129.00 is trading 0.6% below its estimated GF Value™ of 円129.72. GuruFocus considers Shinto Paint Co to be Fairly Valued.

Key valuation signals for TSE:4615:

  • Days Payable: 79.94 (17% below median its 10-year median of 96.64)
  • GF Value™: 円129.72 vs. price of 円129.00 (0.6% below fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 33.9% above the Chemicals median (#509 of 1553)

No single metric tells the full story. See the TSE:4615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinto Paint Co Business Description

Address 6-10-73 Minamitsukaguchi-cho, Amagasaki-shi, Hyogo, Amagasaki, JPN, 661-8511
Shinto Paint Co Ltd is engaged in manufacturing, processing and selling paints, pigments, synthetic fats/oils, fats/oils, and chemicals in Japan and internationally. It also provides electronic equipment, optical communication equipment, magnetic equipment, parts, components, and their materials; painting facilities, related machinery equipment, tools, devices, and materials; and civil engineering and construction materials, as well as housing materials.
50GF Score

Get the complete analysis for TSE:4615

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

円129.00
Price
円129.72
GF Value