SEC CARBONTSE:5304 +1.23%65 Days Payable is 35.60 as of Mar. 2026, which is 33% below its 10-year median of 52.89. GuruFocus rates TSE:5304 with a GF Score™ of 65/100 and a GF Value™ of 円1,610.81 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,552 Chemicals companies, SEC CARBON ranks worse than 67.4% on this metric.
SEC CARBON's average Accounts Payable for the
three
months ended in Mar. 2026 was 円2,317 Mil. SEC CARBON's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円5,937 Mil.
Hence, SEC CARBON's Days Payable for the
three
months ended in Mar. 2026 was 35.60.
The historical rank and industry rank for SEC CARBON's Days Payable or its related term are showing as below:
TSE:5304'
s Days Payable Range Over the Past 10 Years
Min: 37.18 Med: 52.89 Max: 86.47
Current: 42.28
During the past 13 years, SEC CARBON's highest Days Payable was 86.47. The lowest was 37.18. And the median was 52.89.
TSE:5304's Days Payable is ranked worse than 67.4% of 1552
companies
in the Chemicals industry
Industry Median: 59.645
vs TSE:5304: 42.28
SEC CARBON's Days Payable
declined
from Mar. 2025 (36.57) to Mar. 2026 (35.60).
It may suggest that SEC CARBONaccelerated paying its suppliers.
SEC CARBON Days Payable Related Terms
SEC CARBON Days Payable Historical Data
* Premium members only.
The historical data trend for SEC CARBON'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:5304 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, SEC CARBON'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.
SEC CARBON Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SEC CARBON's Days Payable distribution charts can be found below:
* The bar in red indicates where SEC CARBON'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.
SEC CARBON'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.
SEC CARBON (TSE:5304) has a Days Payable of 35.60 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 SEC CARBON and its competitors. This is 33% below median its historical median of 52.89. Over the past decade, SEC CARBON's Days Payable has ranged from 37.18 to 86.47. According to the industry distribution chart, SEC CARBON ranks #1046 out of 1552 companies in the Chemicals industry, placing it in the top 67.4%.
Is SEC CARBON's Days Payable too high?
SEC CARBON's current Days Payable of 35.60 is 33% below median its 10-year median of 52.89. Over the past 10 years, this metric has ranged from a low of 37.18 to a high of 86.47. The Chemicals industry median Days Payable is 59.65. SEC CARBON's value of 35.60 is 40.3% below this industry median. Based on the distribution chart, SEC CARBON ranks #1046 out of 1552 companies in the Chemicals industry, which is below the industry midpoint. Overall, SEC CARBON has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SEC CARBON's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, SEC CARBON ranks #1046 out of 1552 companies for Days Payable. This places SEC CARBON in the lower half of its industry. The industry median Days Payable is 59.65. SEC CARBON's value of 35.60 is 40.3% below this benchmark. Historically, SEC CARBON's own Days Payable has ranged from 37.18 to 86.47 over the past decade. While the company's 10-year median is 52.89 vs. the industry median of 59.65, SEC CARBON 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. SEC CARBON's current Days Payable of 35.60 is 40.3% 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 SEC CARBON 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. SEC CARBON's current Days Payable is 35.60, which is 33% below median its own 10-year median of 52.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEC CARBON stock overvalued right now?
Based on GuruFocus' analysis, SEC CARBON (TSE:5304) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,610.81, compared to a current price of 円2,462.00 — trading 52.8% above its estimated fair value. The current Days Payable is 35.60, which is 33% below median its 10-year median of 52.89 and 40.3% below the Chemicals industry median of 59.65. SEC CARBON's overall GF Score™ is 65/100 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 SEC CARBON (TSE:5304), the current Days Payable is 35.60 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 SEC CARBON (TSE:5304) Overvalued in 2026?
Based on GuruFocus' analysis, SEC CARBON stock appears to be overvalued.
The current stock price of 円2,462.00 is trading 52.8% above its estimated GF Value™ of 円1,610.81.
GuruFocus considers SEC CARBON to be Significantly Overvalued.
Key valuation signals for TSE:5304:
Days Payable: 35.60 (33% below median its 10-year median of 52.89)
GF Value™: 円1,610.81 vs. price of 円2,462.00 (52.8% above fair value)
Industry Position: 40.3% below the Chemicals median (#1046 of 1552)
No single metric tells the full story. See the TSE:5304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SEC CARBON Ltd engages in the manufacture and sale of carbon products. It offers SK-B graphitized cathode blocks for aluminum smelting; graphite electrodes that are used in electric arc furnaces for steelmaking; and carbon and graphite specialties and materials for use in the semiconductor, aerospace, chemical, electrochemistry, machine, and metallurgy industries. The company also provides the fine powder that is used in various industries, such as paint, sliding materials, metallurgic uses, and batteries.
65GF Score
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