TOKYO PRINTING INK MFG Co (TSE:4635) Days Payable: 99.35 (As of Mar. 2026) — Near Median

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TSE:4635 TOKYO PRINTING INK MFG Co Ltd TSE:4635
58 GF Score
Price 円2,108.00
GF Value 円798.09
Valuation Significantly Overvalued
! 3 Warning Signs
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What is TOKYO PRINTING INK MFG Co Days Payable?

TOKYO PRINTING INK MFG Co TSE:4635 +0.81% 58 Days Payable is 99.35 as of Mar. 2026, which is 0% above its 10-year median of 99.16. GuruFocus rates TSE:4635 with a GF Score™ of 58/100 and a GF Value™ of 円798.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,562 Chemicals companies, TOKYO PRINTING INK MFG Co ranks better than 72.6% on this metric.

TOKYO PRINTING INK MFG Co's average Accounts Payable for the three months ended in Mar. 2026 was 円11,302 Mil. TOKYO PRINTING INK MFG Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円10,380 Mil. Hence, TOKYO PRINTING INK MFG Co's Days Payable for the three months ended in Mar. 2026 was 99.35.

The historical rank and industry rank for TOKYO PRINTING INK MFG Co's Days Payable or its related term are showing as below:

TSE:4635' s Days Payable Range Over the Past 10 Years
Min: 87.05   Med: 99.16   Max: 112.55
Current: 91.45

During the past 13 years, TOKYO PRINTING INK MFG Co's highest Days Payable was 112.55. The lowest was 87.05. And the median was 99.16.

TSE:4635's Days Payable is ranked better than
72.6% of 1562 companies
in the Chemicals industry
Industry Median: 59.235 vs TSE:4635: 91.45

TOKYO PRINTING INK MFG Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (99.35). It may suggest that TOKYO PRINTING INK MFG Co delayed paying its suppliers.


TOKYO PRINTING INK MFG Co Days Payable Historical Data

* Premium members only.

The historical data trend for TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co Days Payable Chart

TOKYO PRINTING INK MFG 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 91.89 91.21 101.61 96.37 87.05

TOKYO PRINTING INK MFG Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 90.06 88.38 94.26 99.35 86.44

TSE:4635 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG 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.


TOKYO PRINTING INK MFG Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's Days Payable distribution charts can be found below:

* The bar in red indicates where TOKYO PRINTING INK MFG Co's Days Payable falls into.


TSE:4635
58GF Score
TOKYO PRINTING INK MFG Co Ltd TSE:4635
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG 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
=( (9800 + 10051) / 2 ) / 41617*365
=9925.5 / 41617*365
=87.05

TOKYO PRINTING INK MFG 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
=( (12552 + 10051) / 2 ) / 10380*365 / 4
=11301.5 / 10380*365 / 4
=99.35

* 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 99.35 mean?
TOKYO PRINTING INK MFG Co (TSE:4635) has a Days Payable of 99.35 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 TOKYO PRINTING INK MFG Co and its competitors. This is near median its historical median of 99.16. Over the past decade, TOKYO PRINTING INK MFG Co's Days Payable has ranged from 87.05 to 112.55. According to the industry distribution chart, TOKYO PRINTING INK MFG Co ranks #428 out of 1562 companies in the Chemicals industry, placing it in the top 27.4%.
Is TOKYO PRINTING INK MFG Co's Days Payable too high?
TOKYO PRINTING INK MFG Co's current Days Payable of 99.35 is near median its 10-year median of 99.16. Over the past 10 years, this metric has ranged from a low of 87.05 to a high of 112.55. The Chemicals industry median Days Payable is 59.24. TOKYO PRINTING INK MFG Co's value of 99.35 is 67.7% above this industry median. Based on the distribution chart, TOKYO PRINTING INK MFG Co ranks #428 out of 1562 companies in the Chemicals industry, which is above the industry midpoint. Overall, TOKYO PRINTING INK MFG Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOKYO PRINTING INK MFG Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOKYO PRINTING INK MFG Co ranks #428 out of 1562 companies for Days Payable. This puts TOKYO PRINTING INK MFG Co in the upper half of its industry. The industry median Days Payable is 59.24. TOKYO PRINTING INK MFG Co's value of 99.35 is 67.7% above this benchmark. Historically, TOKYO PRINTING INK MFG Co's own Days Payable has ranged from 87.05 to 112.55 over the past decade. While the company's 10-year median is 99.16 vs. the industry median of 59.24, TOKYO PRINTING INK MFG 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 59.24, based on 1,562 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. TOKYO PRINTING INK MFG Co's current Days Payable of 99.35 is 67.7% 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 TOKYO PRINTING INK MFG Co and its competitors. For the Chemicals industry, the median Days Payable is 59.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOKYO PRINTING INK MFG Co's current Days Payable is 99.35, which is near median its own 10-year median of 99.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKYO PRINTING INK MFG Co stock overvalued right now?
Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co (TSE:4635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円798.09, compared to a current price of 円2,108.00 — trading 164.1% above its estimated fair value. The current Days Payable is 99.35, which is near median its 10-year median of 99.16 and 67.7% above the Chemicals industry median of 59.24. TOKYO PRINTING INK MFG Co's overall GF Score™ is 58/100 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 TOKYO PRINTING INK MFG Co (TSE:4635), the current Days Payable is 99.35 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 TOKYO PRINTING INK MFG Co (TSE:4635) Overvalued in 2026?

Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co stock appears to be overvalued. The current stock price of 円2,108.00 is trading 164.1% above its estimated GF Value™ of 円798.09. GuruFocus considers TOKYO PRINTING INK MFG Co to be Significantly Overvalued.

Key valuation signals for TSE:4635:

  • Days Payable: 99.35 (near median its 10-year median of 99.16)
  • GF Value™: 円798.09 vs. price of 円2,108.00 (164.1% above fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 67.7% above the Chemicals median (#428 of 1562)

No single metric tells the full story. See the TSE:4635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOKYO PRINTING INK MFG Co Business Description

Address 1-12-4 Oji, Kita-ku, Tokyo, JPN
TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.
58GF Score

Get the complete analysis for TSE:4635

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

円2,108.00
Price
円798.09
GF Value