Showa Holdings Co (TSE:5103) Days Payable: 31.42 (As of Mar. 2026) — 17% Below Median

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TSE:5103 Showa Holdings Co Ltd TSE:5103
48 GF Score
Price 円28.00
GF Value 円45.49
Valuation Possible Value Trap
! 4 Warning Signs
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What is Showa Holdings Co Days Payable?

Showa Holdings Co TSE:5103 +12.00% 48 Days Payable is 31.42 as of Mar. 2026, which is 17% below its 10-year median of 37.67. GuruFocus rates TSE:5103 with a GF Score™ of 48/100 and a GF Value™ of 円45.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,552 Chemicals companies, Showa Holdings Co ranks worse than 77.71% on this metric.

Showa Holdings Co's average Accounts Payable for the six months ended in Mar. 2026 was 円544 Mil. Showa Holdings Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,162 Mil. Hence, Showa Holdings Co's Days Payable for the six months ended in Mar. 2026 was 31.42.

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

TSE:5103' s Days Payable Range Over the Past 10 Years
Min: 32.01   Med: 37.67   Max: 44.16
Current: 32.13

During the past 13 years, Showa Holdings Co's highest Days Payable was 44.16. The lowest was 32.01. And the median was 37.67.

TSE:5103's Days Payable is ranked worse than
77.71% of 1552 companies
in the Chemicals industry
Industry Median: 59.645 vs TSE:5103: 32.13

Showa Holdings Co's Days Payable declined from Mar. 2025 (37.67) to Mar. 2026 (31.42). It may suggest that Showa Holdings Co accelerated paying its suppliers.


Showa Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for Showa Holdings 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.

Showa Holdings Co Days Payable Chart

Showa Holdings 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 35.24 42.10 44.16 41.44 32.01

Showa Holdings 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 52.72 41.47 37.67 32.97 31.42

TSE:5103 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Showa Holdings 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.


Showa Holdings Co Days Payable vs Chemicals Industry

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

* The bar in red indicates where Showa Holdings Co's Days Payable falls into.


TSE:5103
48GF Score
Showa Holdings Co Ltd TSE:5103
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Showa Holdings 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.

Showa Holdings 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
=( (581.868 + 527.454) / 2 ) / 6324.961*365
=554.661 / 6324.961*365
=32.01

Showa Holdings 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
=( (561.238 + 527.454) / 2 ) / 3161.519*365 / 2
=544.346 / 3161.519*365 / 2
=31.42

* 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 31.42 mean?
Showa Holdings Co (TSE:5103) has a Days Payable of 31.42 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 Showa Holdings Co and its competitors. This is 17% below median its historical median of 37.67. Over the past decade, Showa Holdings Co's Days Payable has ranged from 32.01 to 44.16. According to the industry distribution chart, Showa Holdings Co ranks #1206 out of 1552 companies in the Chemicals industry, placing it in the top 77.7%.
Is Showa Holdings Co's Days Payable too high?
Showa Holdings Co's current Days Payable of 31.42 is 17% below median its 10-year median of 37.67. Over the past 10 years, this metric has ranged from a low of 32.01 to a high of 44.16. The Chemicals industry median Days Payable is 59.65. Showa Holdings Co's value of 31.42 is 47.3% below this industry median. Based on the distribution chart, Showa Holdings Co ranks #1206 out of 1552 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Showa Holdings Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Showa Holdings Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Showa Holdings Co ranks #1206 out of 1552 companies for Days Payable. This places Showa Holdings Co in the lower half of its industry. The industry median Days Payable is 59.65. Showa Holdings Co's value of 31.42 is 47.3% below this benchmark. Historically, Showa Holdings Co's own Days Payable has ranged from 32.01 to 44.16 over the past decade. While the company's 10-year median is 37.67 vs. the industry median of 59.65, Showa Holdings 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. Showa Holdings Co's current Days Payable of 31.42 is 47.3% 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 Showa Holdings 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. Showa Holdings Co's current Days Payable is 31.42, which is 17% below median its own 10-year median of 37.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showa Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Showa Holdings Co (TSE:5103) is currently considered Possible Value Trap. The stock's GF Value™ is 円45.49, compared to a current price of 円28.00 — trading 38.4% below its estimated fair value. The current Days Payable is 31.42, which is 17% below median its 10-year median of 37.67 and 47.3% below the Chemicals industry median of 59.65. Showa Holdings Co's overall GF Score™ is 48/100 with 4 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 Showa Holdings Co (TSE:5103), the current Days Payable is 31.42 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 Showa Holdings Co (TSE:5103) Overvalued in 2026?

Based on GuruFocus' analysis, Showa Holdings Co stock appears to be undervalued. The current stock price of 円28.00 is trading 38.4% below its estimated GF Value™ of 円45.49. GuruFocus considers Showa Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:5103:

  • Days Payable: 31.42 (17% below median its 10-year median of 37.67)
  • GF Value™: 円45.49 vs. price of 円28.00 (38.4% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 47.3% below the Chemicals median (#1206 of 1552)

No single metric tells the full story. See the TSE:5103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Showa Holdings Co Business Description

Address 348, Choshiba, Kashiwa-shi, Chiba, JPN, 277-8556
Showa Holdings Co Ltd formerly Showa Rubber Co Ltd manufactures a wide variety of rubber products. The company's products include industrial rubber products such as linings and rolls, and tennis balls and baseballs.
48GF Score

Get the complete analysis for TSE:5103

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

円28.00
Price
円45.49
GF Value