Daishin Chemical Co (TSE:4629) Days Payable: 57.10 (As of Mar. 2026) — 26% Below Median

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TSE:4629 Daishin Chemical Co Ltd TSE:4629
69 GF Score
Price 円1,840.00
GF Value 円1,495.54
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Daishin Chemical Co Days Payable?

Daishin Chemical Co TSE:4629 +1.60% 69 Days Payable is 57.10 as of Mar. 2026, which is 26% below its 10-year median of 77.08. GuruFocus rates TSE:4629 with a GF Score™ of 69/100 and a GF Value™ of 円1,495.54 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,552 Chemicals companies, Daishin Chemical Co ranks worse than 51.61% on this metric.

Daishin Chemical Co's average Accounts Payable for the six months ended in Mar. 2026 was 円4,780 Mil. Daishin Chemical Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円15,276 Mil. Hence, Daishin Chemical Co's Days Payable for the six months ended in Mar. 2026 was 57.10.

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

TSE:4629' s Days Payable Range Over the Past 10 Years
Min: 54.68   Med: 77.08   Max: 99.55
Current: 58.12

During the past 13 years, Daishin Chemical Co's highest Days Payable was 99.55. The lowest was 54.68. And the median was 77.08.

TSE:4629's Days Payable is ranked worse than
51.61% of 1552 companies
in the Chemicals industry
Industry Median: 59.645 vs TSE:4629: 58.12

Daishin Chemical Co's Days Payable declined from Mar. 2025 (59.63) to Mar. 2026 (57.10). It may suggest that Daishin Chemical Co accelerated paying its suppliers.


Daishin Chemical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Daishin 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.

Daishin Chemical Co Days Payable Chart

Daishin 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 70.86 60.86 59.31 54.68 57.98

Daishin 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 56.30 58.14 59.63 59.32 57.10

TSE:4629 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Daishin 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.


Daishin Chemical Co Days Payable vs Chemicals Industry

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

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


TSE:4629
69GF Score
Daishin Chemical Co Ltd TSE:4629
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Daishin 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.

Daishin 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
=( (4679.653 + 4790.869) / 2 ) / 29809.04*365
=4735.261 / 29809.04*365
=57.98

Daishin 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
=( (4768.224 + 4790.869) / 2 ) / 15275.841*365 / 2
=4779.5465 / 15275.841*365 / 2
=57.10

* 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 57.10 mean?
Daishin Chemical Co (TSE:4629) has a Days Payable of 57.10 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 Daishin Chemical Co and its competitors. This is 26% below median its historical median of 77.08. Over the past decade, Daishin Chemical Co's Days Payable has ranged from 54.68 to 99.55. According to the industry distribution chart, Daishin Chemical Co ranks #801 out of 1552 companies in the Chemicals industry, placing it in the top 51.6%.
Is Daishin Chemical Co's Days Payable too high?
Daishin Chemical Co's current Days Payable of 57.10 is 26% below median its 10-year median of 77.08. Over the past 10 years, this metric has ranged from a low of 54.68 to a high of 99.55. The Chemicals industry median Days Payable is 59.65. Daishin Chemical Co's value of 57.10 is 4.3% below this industry median. Based on the distribution chart, Daishin Chemical Co ranks #801 out of 1552 companies in the Chemicals industry, which is below the industry midpoint. Overall, Daishin Chemical Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daishin Chemical Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Daishin Chemical Co ranks #801 out of 1552 companies for Days Payable. This places Daishin Chemical Co in the lower half of its industry. The industry median Days Payable is 59.65. Daishin Chemical Co's value of 57.10 is 4.3% below this benchmark. Historically, Daishin Chemical Co's own Days Payable has ranged from 54.68 to 99.55 over the past decade. While the company's 10-year median is 77.08 vs. the industry median of 59.65, Daishin 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 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. Daishin Chemical Co's current Days Payable of 57.10 is 4.3% 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 Daishin Chemical Co 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. Daishin Chemical Co's current Days Payable is 57.10, which is 26% below median its own 10-year median of 77.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daishin Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Daishin Chemical Co (TSE:4629) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,495.54, compared to a current price of 円1,840.00 — trading 23% above its estimated fair value. The current Days Payable is 57.10, which is 26% below median its 10-year median of 77.08 and 4.3% below the Chemicals industry median of 59.65. Daishin Chemical Co's overall GF Score™ is 69/100 with 3 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 Daishin Chemical Co (TSE:4629), the current Days Payable is 57.10 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 Daishin Chemical Co (TSE:4629) Overvalued in 2026?

Based on GuruFocus' analysis, Daishin Chemical Co stock appears to be overvalued. The current stock price of 円1,840.00 is trading 23% above its estimated GF Value™ of 円1,495.54. GuruFocus considers Daishin Chemical Co to be Modestly Overvalued.

Key valuation signals for TSE:4629:

  • Days Payable: 57.10 (26% below median its 10-year median of 77.08)
  • GF Value™: 円1,495.54 vs. price of 円1,840.00 (23% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 4.3% below the Chemicals median (#801 of 1552)

No single metric tells the full story. See the TSE:4629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daishin Chemical Co Business Description

Address 1-9-9 Shiba Daimon Minato-ku, Tokyo, JPN, 105-0012
Daishin Chemical Co Ltd is a Japanese based manufacturer and seller of organic solvents. Its product portfolio includes lacquer thinner, thinner for synthetic resin paint, thinner for cleaning, solvent for printing, special thinner, single solvent, and paint, among other products. The company also processes plastics and metals with electromagnetic shielding.
69GF Score

Get the complete analysis for TSE:4629

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

円1,840.00
Price
円1,495.54
GF Value