Arakawa Chemical Industries (TSE:4968) Days Payable: 46.62 (As of Mar. 2026) — 22% Below Median

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TSE:4968 Arakawa Chemical Industries Ltd TSE:4968
63 GF Score
Price 円2,193.00
GF Value 円1,216.22
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Arakawa Chemical Industries Days Payable?

Arakawa Chemical Industries TSE:4968 +0.78% 63 Days Payable is 46.62 as of Mar. 2026, which is 22% below its 10-year median of 59.68. GuruFocus rates TSE:4968 with a GF Score™ of 63/100 and a GF Value™ of 円1,216.22 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,553 Chemicals companies, Arakawa Chemical Industries ranks worse than 62.33% on this metric.

Arakawa Chemical Industries's average Accounts Payable for the six months ended in Mar. 2026 was 円8,283 Mil. Arakawa Chemical Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was 円32,427 Mil. Hence, Arakawa Chemical Industries's Days Payable for the six months ended in Mar. 2026 was 46.62.

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

TSE:4968' s Days Payable Range Over the Past 10 Years
Min: 48.77   Med: 59.68   Max: 71.15
Current: 48.77

During the past 13 years, Arakawa Chemical Industries's highest Days Payable was 71.15. The lowest was 48.77. And the median was 59.68.

TSE:4968's Days Payable is ranked worse than
62.33% of 1553 companies
in the Chemicals industry
Industry Median: 59.7 vs TSE:4968: 48.77

Arakawa Chemical Industries's Days Payable declined from Mar. 2025 (49.07) to Mar. 2026 (46.62). It may suggest that Arakawa Chemical Industries accelerated paying its suppliers.


Arakawa Chemical Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Arakawa Chemical Industries'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.

Arakawa Chemical Industries Days Payable Chart

Arakawa Chemical Industries 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 57.54 56.31 58.63 53.48 50.66

Arakawa Chemical Industries 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 52.87 50.82 49.07 49.04 46.62

TSE:4968 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Arakawa Chemical Industries'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.


Arakawa Chemical Industries Days Payable vs Chemicals Industry

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

* The bar in red indicates where Arakawa Chemical Industries's Days Payable falls into.


TSE:4968
63GF Score
Arakawa Chemical Industries Ltd TSE:4968
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arakawa Chemical Industries 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.

Arakawa Chemical Industries'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
=( (9200 + 8646) / 2 ) / 64283*365
=8923 / 64283*365
=50.66

Arakawa Chemical Industries'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
=( (7920 + 8646) / 2 ) / 32427*365 / 2
=8283 / 32427*365 / 2
=46.62

* 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 46.62 mean?
Arakawa Chemical Industries (TSE:4968) has a Days Payable of 46.62 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 Arakawa Chemical Industries and its competitors. This is 22% below median its historical median of 59.68. Over the past decade, Arakawa Chemical Industries' Days Payable has ranged from 48.77 to 71.15. According to the industry distribution chart, Arakawa Chemical Industries ranks #968 out of 1553 companies in the Chemicals industry, placing it in the top 62.3%.
Is Arakawa Chemical Industries' Days Payable too high?
Arakawa Chemical Industries' current Days Payable of 46.62 is 22% below median its 10-year median of 59.68. Over the past 10 years, this metric has ranged from a low of 48.77 to a high of 71.15. The Chemicals industry median Days Payable is 59.70. Arakawa Chemical Industries' value of 46.62 is 21.9% below this industry median. Based on the distribution chart, Arakawa Chemical Industries ranks #968 out of 1553 companies in the Chemicals industry, which is below the industry midpoint. Overall, Arakawa Chemical Industries has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arakawa Chemical Industries' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Arakawa Chemical Industries ranks #968 out of 1553 companies for Days Payable. This places Arakawa Chemical Industries in the lower half of its industry. The industry median Days Payable is 59.70. Arakawa Chemical Industries' value of 46.62 is 21.9% below this benchmark. Historically, Arakawa Chemical Industries' own Days Payable has ranged from 48.77 to 71.15 over the past decade. While the company's 10-year median is 59.68 vs. the industry median of 59.70, Arakawa Chemical Industries 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 59.70, 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. Arakawa Chemical Industries's current Days Payable of 46.62 is 21.9% 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 Arakawa Chemical Industries 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. Arakawa Chemical Industries's current Days Payable is 46.62, which is 22% below median its own 10-year median of 59.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arakawa Chemical Industries stock overvalued right now?
Based on GuruFocus' analysis, Arakawa Chemical Industries (TSE:4968) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,216.22, compared to a current price of 円2,193.00 — trading 80.3% above its estimated fair value. The current Days Payable is 46.62, which is 22% below median its 10-year median of 59.68 and 21.9% below the Chemicals industry median of 59.70. Arakawa Chemical Industries' overall GF Score™ is 63/100 with 11 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 Arakawa Chemical Industries (TSE:4968), the current Days Payable is 46.62 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 Arakawa Chemical Industries (TSE:4968) Overvalued in 2026?

Based on GuruFocus' analysis, Arakawa Chemical Industries stock appears to be overvalued. The current stock price of 円2,193.00 is trading 80.3% above its estimated GF Value™ of 円1,216.22. GuruFocus considers Arakawa Chemical Industries to be Significantly Overvalued.

Key valuation signals for TSE:4968:

  • Days Payable: 46.62 (22% below median its 10-year median of 59.68)
  • GF Value™: 円1,216.22 vs. price of 円2,193.00 (80.3% above fair value)
  • GF Score™: 63/100 with 11 warning signs
  • Industry Position: 21.9% below the Chemicals median (#968 of 1553)

No single metric tells the full story. See the TSE:4968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arakawa Chemical Industries Business Description

Address No. 3, No. 1, Hirano-cho, Chuo-ku, Osaka, JPN, 541-0046
Arakawa Chemical Industries Ltd is engaged in the production and sales of paper chemicals, resins for printing inks, resins for adhesives/adhesives, and intermediates for electronic materials. It manufactures various paper chemicals including water-repellents, sizing agents, paper surface improving agents, and paper strengthening, and other types of papers. It also provides printing inks for offset printing; book (magazine)-gravures and food-package-gravures. It also offers electronic materials, including rosins for use as raw material of chemicals and electronic components.
63GF Score

Get the complete analysis for TSE:4968

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

円2,193.00
Price
円1,216.22
GF Value