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AsahipenTSE:4623 72 Days Payable is 33.80 as of Mar. 2026, which is 31% below its 10-year median of 49.10. GuruFocus rates TSE:4623 with a GF Score™ of 72/100 and a GF Value™ of 円1,749.17 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,552 Chemicals companies, Asahipen ranks worse than 74.81% on this metric.
Asahipen's average Accounts Payable for the
six
months ended in Mar. 2026 was 円1,106 Mil. Asahipen's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円5,973 Mil.
Hence, Asahipen's Days Payable for the
six
months ended in Mar. 2026 was 33.80.
The historical rank and industry rank for Asahipen's Days Payable or its related term are showing as below:
TSE:4623'
s Days Payable Range Over the Past 10 Years
Min: 35.22 Med: 49.1 Max: 59.5
Current: 35.22
During the past 13 years, Asahipen's highest Days Payable was 59.50. The lowest was 35.22. And the median was 49.10.
TSE:4623's Days Payable is ranked worse than 74.81% of 1552
companies
in the Chemicals industry
Industry Median: 59.645
vs TSE:4623: 35.22
Asahipen's Days Payable
declined
from Mar. 2025 (38.79) to Mar. 2026 (33.80).
It may suggest that Asahipenaccelerated paying its suppliers.
Asahipen Days Payable Related Terms
Asahipen Days Payable Historical Data
* Premium members only.
The historical data trend for Asahipen'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.
TSE:4623 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Asahipen'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.
Asahipen Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asahipen's Days Payable distribution charts can be found below:
* The bar in red indicates where Asahipen'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.
Asahipen'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.
Asahipen (TSE:4623) has a Days Payable of 33.80 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 Asahipen and its competitors. This is 31% below median its historical median of 49.10. Over the past decade, Asahipen's Days Payable has ranged from 35.22 to 59.50. According to the industry distribution chart, Asahipen ranks #1161 out of 1552 companies in the Chemicals industry, placing it in the top 74.8%.
Is Asahipen's Days Payable too high?
Asahipen's current Days Payable of 33.80 is 31% below median its 10-year median of 49.10. Over the past 10 years, this metric has ranged from a low of 35.22 to a high of 59.50. The Chemicals industry median Days Payable is 59.65. Asahipen's value of 33.80 is 43.3% below this industry median. Based on the distribution chart, Asahipen ranks #1161 out of 1552 companies in the Chemicals industry, which is below the industry midpoint. Overall, Asahipen has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahipen's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asahipen ranks #1161 out of 1552 companies for Days Payable. This places Asahipen in the lower half of its industry. The industry median Days Payable is 59.65. Asahipen's value of 33.80 is 43.3% below this benchmark. Historically, Asahipen's own Days Payable has ranged from 35.22 to 59.50 over the past decade. While the company's 10-year median is 49.10 vs. the industry median of 59.65, Asahipen 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 59.65, based on 1,552 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. Asahipen's current Days Payable of 33.80 is 43.3% 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 Asahipen and its competitors. For the Chemicals industry, the median Days Payable is 59.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahipen's current Days Payable is 33.80, which is 31% below median its own 10-year median of 49.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahipen stock overvalued right now?
Based on GuruFocus' analysis, Asahipen (TSE:4623) is currently considered Fairly Valued. The stock's GF Value™ is 円1,749.17, compared to a current price of 円1,712.00 — trading 2.1% below its estimated fair value. The current Days Payable is 33.80, which is 31% below median its 10-year median of 49.10 and 43.3% below the Chemicals industry median of 59.65. Asahipen's overall GF Score™ is 72/100 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 Asahipen (TSE:4623), the current Days Payable is 33.80 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 Asahipen (TSE:4623) Overvalued in 2026?
Based on GuruFocus' analysis, Asahipen stock appears to be undervalued.
The current stock price of 円1,712.00 is trading 2.1% below its estimated GF Value™ of 円1,749.17.
GuruFocus considers Asahipen to be Fairly Valued.
Key valuation signals for TSE:4623:
Days Payable: 33.80 (31% below median its 10-year median of 49.10)
GF Value™: 円1,749.17 vs. price of 円1,712.00 (2.1% below fair value)
Industry Position: 43.3% below the Chemicals median (#1161 of 1552)
No single metric tells the full story. See the TSE:4623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahipen Corp manufactures and sells a variety of paints and coatings, painting tools, wallpaper products, and other home decorative items in Japan. It also offers home cleaning products for repair and maintenance as well as lawn and garden products. The company's segments include Paints Business, DIY Products Business, Pet Products Business, and Other Businesses.
72GF Score
Get the complete analysis for TSE:4623
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