DexerialsTSE:4980 +5.06%80 Days Payable is 101.32 as of Mar. 2026, which is 38% above its 10-year median of 73.40. GuruFocus rates TSE:4980 with a GF Score™ of 80/100 and a GF Value™ of 円2,329.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,436 Hardware companies, Dexerials ranks better than 68.27% on this metric.
Dexerials's average Accounts Payable for the
three
months ended in Mar. 2026 was 円13,749 Mil. Dexerials's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円12,383 Mil.
Hence, Dexerials's Days Payable for the
three
months ended in Mar. 2026 was 101.32.
The historical rank and industry rank for Dexerials's Days Payable or its related term are showing as below:
TSE:4980'
s Days Payable Range Over the Past 10 Years
Min: 63.14 Med: 73.4 Max: 100.23
Current: 100.23
During the past 12 years, Dexerials's highest Days Payable was 100.23. The lowest was 63.14. And the median was 73.40.
TSE:4980's Days Payable is ranked better than 68.27% of 2436
companies
in the Hardware industry
Industry Median: 69.91
vs TSE:4980: 100.23
Dexerials's Days Payable
declined
from Mar. 2025 (110.66) to Mar. 2026 (101.32).
It may suggest that Dexerialsaccelerated paying its suppliers.
Dexerials Days Payable Related Terms
Dexerials Days Payable Historical Data
* Premium members only.
The historical data trend for Dexerials'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.
For the Electronic Components subindustry, Dexerials'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.
Dexerials Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Dexerials's Days Payable distribution charts can be found below:
* The bar in red indicates where Dexerials'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.
Dexerials'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.
Dexerials (TSE:4980) has a Days Payable of 101.32 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 Dexerials and its competitors. This is 38% above median its historical median of 73.40. Over the past decade, Dexerials' Days Payable has ranged from 63.14 to 100.23. According to the industry distribution chart, Dexerials ranks #773 out of 2436 companies in the Hardware industry, placing it in the top 31.7%.
Is Dexerials' Days Payable too high?
Dexerials' current Days Payable of 101.32 is 38% above median its 10-year median of 73.40. Over the past 10 years, this metric has ranged from a low of 63.14 to a high of 100.23. The Hardware industry median Days Payable is 69.91. Dexerials' value of 101.32 is 44.9% above this industry median. Based on the distribution chart, Dexerials ranks #773 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, Dexerials has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dexerials' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Dexerials ranks #773 out of 2436 companies for Days Payable. This puts Dexerials in the upper half of its industry. The industry median Days Payable is 69.91. Dexerials' value of 101.32 is 44.9% above this benchmark. Historically, Dexerials' own Days Payable has ranged from 63.14 to 100.23 over the past decade. While the company's 10-year median is 73.40 vs. the industry median of 69.91, Dexerials 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 Hardware company?
The median Days Payable among Hardware companies is 69.91, based on 2,436 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. Dexerials's current Days Payable of 101.32 is 44.9% 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 Dexerials and its competitors. For the Hardware industry, the median Days Payable is 69.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexerials's current Days Payable is 101.32, which is 38% above median its own 10-year median of 73.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexerials stock overvalued right now?
Based on GuruFocus' analysis, Dexerials (TSE:4980) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,329.21, compared to a current price of 円4,298.00 — trading 84.5% above its estimated fair value. The current Days Payable is 101.32, which is 38% above median its 10-year median of 73.40 and 44.9% above the Hardware industry median of 69.91. Dexerials' overall GF Score™ is 80/100 with 2 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 Dexerials (TSE:4980), the current Days Payable is 101.32 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 Dexerials (TSE:4980) Overvalued in 2026?
Based on GuruFocus' analysis, Dexerials stock appears to be overvalued.
The current stock price of 円4,298.00 is trading 84.5% above its estimated GF Value™ of 円2,329.21.
GuruFocus considers Dexerials to be Significantly Overvalued.
Key valuation signals for TSE:4980:
Days Payable: 101.32 (38% above median its 10-year median of 73.40)
GF Value™: 円2,329.21 vs. price of 円4,298.00 (84.5% above fair value)
Industry Position: 44.9% above the Hardware median (#773 of 2436)
No single metric tells the full story. See the TSE:4980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dexerials Corp is engaged in the manufacture and sale of electronic components, bonding materials, and optical materials. The company operates through two reportable segments: Optical Materials and Components, which includes products such as anti-reflection films, UV-curable resins for optical discs, optical elastic resin, and phosphor films; and Electronic Materials and Components, which includes industrial functional adhesives, anisotropic conductive films, surface-mount fuses, inorganic polarizers, and semiconductor-related materials.
80GF Score
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