Asaka Riken Co (TSE:5724) Days Payable: 16.25 (As of Mar. 2026) — 51% Above Median


TSE:5724 Asaka Riken Co Ltd TSE:5724
47 GF Score
Price 円2,473.00
GF Value 円1,266.12
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Asaka Riken Co Days Payable?

Asaka Riken Co TSE:5724 -3.96% 47 Days Payable is 16.25 as of Mar. 2026, which is 51% above its 10-year median of 10.76. GuruFocus rates TSE:5724 with a GF Score™ of 47/100 and a GF Value™ of 円1,266.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,062 Metals & Mining companies, Asaka Riken Co ranks worse than 94.63% on this metric.

Asaka Riken Co's average Accounts Payable for the six months ended in Mar. 2026 was 円297 Mil. Asaka Riken Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,337 Mil. Hence, Asaka Riken Co's Days Payable for the six months ended in Mar. 2026 was 16.25.

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

TSE:5724' s Days Payable Range Over the Past 10 Years
Min: 7.43   Med: 10.76   Max: 16.09
Current: 15.43

During the past 13 years, Asaka Riken Co's highest Days Payable was 16.09. The lowest was 7.43. And the median was 10.76.

TSE:5724's Days Payable is ranked worse than
94.63% of 1062 companies
in the Metals & Mining industry
Industry Median: 126.885 vs TSE:5724: 15.43

Asaka Riken Co's Days Payable increased from Mar. 2025 (12.75) to Mar. 2026 (16.25). It may suggest that Asaka Riken Co delayed paying its suppliers.


Asaka Riken Co Days Payable Historical Data

* Premium members only.

The historical data trend for Asaka Riken 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.

Asaka Riken Co Days Payable Chart

Asaka Riken Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.11 12.99 13.37 14.69 16.09

Asaka Riken 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 16.05 14.70 12.75 15.27 16.25

Asaka Riken Co Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Asaka Riken 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.


Asaka Riken Co Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asaka Riken Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Asaka Riken Co's Days Payable falls into.


TSE:5724
47GF Score
Asaka Riken Co Ltd TSE:5724
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asaka Riken 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.

Asaka Riken Co's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (238.513 + 287.589) / 2 ) / 5968.113*365
=263.051 / 5968.113*365
=16.09

Asaka Riken 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
=( (287.589 + 306.845) / 2 ) / 3337.103*365 / 2
=297.217 / 3337.103*365 / 2
=16.25

* 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 16.25 mean?
Asaka Riken Co (TSE:5724) has a Days Payable of 16.25 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 Asaka Riken Co and its competitors. This is 51% above median its historical median of 10.76. Over the past decade, Asaka Riken Co's Days Payable has ranged from 7.43 to 16.09. According to the industry distribution chart, Asaka Riken Co ranks #1005 out of 1062 companies in the Metals & Mining industry, placing it in the top 94.6%.
Is Asaka Riken Co's Days Payable too high?
Asaka Riken Co's current Days Payable of 16.25 is 51% above median its 10-year median of 10.76. Over the past 10 years, this metric has ranged from a low of 7.43 to a high of 16.09. The Metals & Mining industry median Days Payable is 126.89. Asaka Riken Co's value of 16.25 is 87.2% below this industry median. Based on the distribution chart, Asaka Riken Co ranks #1005 out of 1062 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Asaka Riken Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asaka Riken Co's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Asaka Riken Co ranks #1005 out of 1062 companies for Days Payable. This places Asaka Riken Co in the lower half of its industry. The industry median Days Payable is 126.89. Asaka Riken Co's value of 16.25 is 87.2% below this benchmark. Historically, Asaka Riken Co's own Days Payable has ranged from 7.43 to 16.09 over the past decade. While the company's 10-year median is 10.76 vs. the industry median of 126.89, Asaka Riken 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,062 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. Asaka Riken Co's current Days Payable of 16.25 is 87.2% 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 Asaka Riken Co and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asaka Riken Co's current Days Payable is 16.25, which is 51% above median its own 10-year median of 10.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asaka Riken Co stock overvalued right now?
Based on GuruFocus' analysis, Asaka Riken Co (TSE:5724) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,266.12, compared to a current price of 円2,473.00 — trading 95.3% above its estimated fair value. The current Days Payable is 16.25, which is 51% above median its 10-year median of 10.76 and 87.2% below the Metals & Mining industry median of 126.89. Asaka Riken Co's overall GF Score™ is 47/100 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 Asaka Riken Co (TSE:5724), the current Days Payable is 16.25 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 Asaka Riken Co (TSE:5724) Overvalued in 2026?

Based on GuruFocus' analysis, Asaka Riken Co stock appears to be overvalued. The current stock price of 円2,473.00 is trading 95.3% above its estimated GF Value™ of 円1,266.12. GuruFocus considers Asaka Riken Co to be Significantly Overvalued.

Key valuation signals for TSE:5724:

  • Days Payable: 16.25 (51% above median its 10-year median of 10.76)
  • GF Value™: 円1,266.12 vs. price of 円2,473.00 (95.3% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 87.2% below the Metals & Mining median (#1005 of 1062)

No single metric tells the full story. See the TSE:5724 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asaka Riken Co Business Description

Address Tamura Tamura, Tamuramachikanaya Koriyama, Koriyama-shi, Fukushima, JPN, 963-0725
Asaka Riken Co Ltd is engaged in developing eco businesses through metal recycling, photocatalyst, and water treatment businesses.
47GF Score

Get the complete analysis for TSE:5724

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

円2,473.00
Price
円1,266.12
GF Value