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MEC CoTSE:4971 -4.07%96 Days Payable is 68.77 as of Jun. 2026, which is 13% below its 10-year median of 78.89. GuruFocus rates TSE:4971 with a GF Score™ of 96/100 and a GF Value™ of 円6,508.09 (Modestly Overvalued). Among 1,558 Chemicals companies, MEC Co ranks worse than 50.64% on this metric.
MEC Co's average Accounts Payable for the
three
months ended in Jun. 2026 was 円1,841 Mil. MEC Co's Cost of Goods Sold for the
three
months ended in Jun. 2026 was 円2,442 Mil.
Hence, MEC Co's Days Payable for the
three
months ended in Jun. 2026 was 68.77.
The historical rank and industry rank for MEC Co's Days Payable or its related term are showing as below:
TSE:4971'
s Days Payable Range Over the Past 10 Years
Min: 51.29 Med: 78.89 Max: 109.64
Current: 59.05
During the past 13 years, MEC Co's highest Days Payable was 109.64. The lowest was 51.29. And the median was 78.89.
TSE:4971's Days Payable is ranked worse than 50.64% of 1558
companies
in the Chemicals industry
Industry Median: 59.885
vs TSE:4971: 59.05
MEC Co's Days Payable
increased
from Jun. 2025 (44.47) to Jun. 2026 (68.77).
It may suggest that MEC Codelayed paying its suppliers.
The historical data trend for MEC 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.
TSE:4971 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, MEC 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.
MEC Co Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, MEC Co's Days Payable distribution charts can be found below:
* The bar in red indicates where MEC Co'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.
MEC Co's Days Payable for the fiscal year that ended in Dec. 2025 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.
MEC Co (TSE:4971) has a Days Payable of 68.77 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MEC Co and its competitors. This is 13% below median its historical median of 78.89. Over the past decade, MEC Co's Days Payable has ranged from 51.29 to 109.64. According to the industry distribution chart, MEC Co ranks #789 out of 1558 companies in the Chemicals industry, placing it in the top 50.6%.
Is MEC Co's Days Payable too high?
MEC Co's current Days Payable of 68.77 is 13% below median its 10-year median of 78.89. Over the past 10 years, this metric has ranged from a low of 51.29 to a high of 109.64. The Chemicals industry median Days Payable is 59.89. MEC Co's value of 68.77 is 14.8% above this industry median. Based on the distribution chart, MEC Co ranks #789 out of 1558 companies in the Chemicals industry, which is below the industry midpoint. Overall, MEC Co has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MEC Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, MEC Co ranks #789 out of 1558 companies for Days Payable. This places MEC Co in the lower half of its industry. The industry median Days Payable is 59.89. MEC Co's value of 68.77 is 14.8% above this benchmark. Historically, MEC Co's own Days Payable has ranged from 51.29 to 109.64 over the past decade. While the company's 10-year median is 78.89 vs. the industry median of 59.89, MEC 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 59.89, based on 1,558 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. MEC Co's current Days Payable of 68.77 is 14.8% 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 MEC Co and its competitors. For the Chemicals industry, the median Days Payable is 59.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEC Co's current Days Payable is 68.77, which is 13% below median its own 10-year median of 78.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEC Co stock overvalued right now?
Based on GuruFocus' analysis, MEC Co (TSE:4971) is currently considered Modestly Overvalued. The stock's GF Value™ is 円6,508.09, compared to a current price of 円7,540.00 — trading 15.9% above its estimated fair value. The current Days Payable is 68.77, which is 13% below median its 10-year median of 78.89 and 14.8% above the Chemicals industry median of 59.89. MEC Co's overall GF Score™ is 96/100. 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 MEC Co (TSE:4971), the current Days Payable is 68.77 as of Jun. 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 MEC Co (TSE:4971) Overvalued in 2026?
Based on GuruFocus' analysis, MEC Co stock appears to be overvalued.
The current stock price of 円7,540.00 is trading 15.9% above its estimated GF Value™ of 円6,508.09.
GuruFocus considers MEC Co to be Modestly Overvalued.
Key valuation signals for TSE:4971:
Days Payable: 68.77 (13% below median its 10-year median of 78.89)
GF Value™: 円6,508.09 vs. price of 円7,540.00 (15.9% above fair value)
Industry Position: 14.8% above the Chemicals median (#789 of 1558)
No single metric tells the full story. See the TSE:4971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEC Co Ltd is a Japan-based chemical manufacturer. The company manufacture and sale of chemicals for electronic circuit boards and electronic components, as well as the sale of machinery and materials for electronic circuit boards. Its products are used in automobile, smartphone, and computer. Its products used in Chemicals for electronic substrates and AMALPHA : Resin-to-metal bonding technology from MEC.
96GF Score
Get the complete analysis for TSE:4971
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