Chuo Spring Co (TSE:5992) Days Payable: 43.34 (As of Mar. 2026) — Near Median


TSE:5992 Chuo Spring Co Ltd TSE:5992
59 GF Score
Price 円3,860.00
GF Value 円1,389.60
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Chuo Spring Co Days Payable?

Chuo Spring Co TSE:5992 -0.39% 59 Days Payable is 43.34 as of Mar. 2026, which is 2% below its 10-year median of 44.35. GuruFocus rates TSE:5992 with a GF Score™ of 59/100 and a GF Value™ of 円1,389.60 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Chuo Spring Co ranks worse than 69.67% on this metric.

Chuo Spring Co's average Accounts Payable for the three months ended in Mar. 2026 was 円11,613 Mil. Chuo Spring Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円24,450 Mil. Hence, Chuo Spring Co's Days Payable for the three months ended in Mar. 2026 was 43.34.

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

TSE:5992' s Days Payable Range Over the Past 10 Years
Min: 26.29   Med: 44.35   Max: 49.56
Current: 44.75

During the past 13 years, Chuo Spring Co's highest Days Payable was 49.56. The lowest was 26.29. And the median was 44.35.

TSE:5992's Days Payable is ranked worse than
69.67% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 67.02 vs TSE:5992: 44.75

Chuo Spring Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (43.34). It may suggest that Chuo Spring Co delayed paying its suppliers.


Chuo Spring Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chuo Spring 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.

Chuo Spring Co Days Payable Chart

Chuo Spring 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 48.21 47.35 46.07 44.75 43.94

Chuo Spring Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 47.91 45.45 43.32 43.34

TSE:5992 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Chuo Spring 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.


Chuo Spring Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chuo Spring Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chuo Spring Co's Days Payable falls into.


TSE:5992
59GF Score
Chuo Spring Co Ltd TSE:5992
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chuo Spring 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.

Chuo Spring 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
=( (12435.061 + 11135.072) / 2 ) / 97905.033*365
=11785.0665 / 97905.033*365
=43.94

Chuo Spring 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (12090.241 + 11135.072) / 2 ) / 24450.092*365 / 4
=11612.6565 / 24450.092*365 / 4
=43.34

* 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 43.34 mean?
Chuo Spring Co (TSE:5992) has a Days Payable of 43.34 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 Chuo Spring Co and its competitors. This is near median its historical median of 44.35. Over the past decade, Chuo Spring Co's Days Payable has ranged from 26.29 to 49.56. According to the industry distribution chart, Chuo Spring Co ranks #912 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 69.7%.
Is Chuo Spring Co's Days Payable too high?
Chuo Spring Co's current Days Payable of 43.34 is near median its 10-year median of 44.35. Over the past 10 years, this metric has ranged from a low of 26.29 to a high of 49.56. The Vehicles & Parts industry median Days Payable is 67.02. Chuo Spring Co's value of 43.34 is 35.3% below this industry median. Based on the distribution chart, Chuo Spring Co ranks #912 out of 1309 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Chuo Spring Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chuo Spring Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chuo Spring Co ranks #912 out of 1309 companies for Days Payable. This places Chuo Spring Co in the lower half of its industry. The industry median Days Payable is 67.02. Chuo Spring Co's value of 43.34 is 35.3% below this benchmark. Historically, Chuo Spring Co's own Days Payable has ranged from 26.29 to 49.56 over the past decade. While the company's 10-year median is 44.35 vs. the industry median of 67.02, Chuo Spring 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,309 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. Chuo Spring Co's current Days Payable of 43.34 is 35.3% 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 Chuo Spring Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chuo Spring Co's current Days Payable is 43.34, which is near median its own 10-year median of 44.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chuo Spring Co stock overvalued right now?
Based on GuruFocus' analysis, Chuo Spring Co (TSE:5992) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,389.60, compared to a current price of 円3,860.00 — trading 177.8% above its estimated fair value. The current Days Payable is 43.34, which is near median its 10-year median of 44.35 and 35.3% below the Vehicles & Parts industry median of 67.02. Chuo Spring Co's overall GF Score™ is 59/100 with 5 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 Chuo Spring Co (TSE:5992), the current Days Payable is 43.34 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 Chuo Spring Co (TSE:5992) Overvalued in 2026?

Based on GuruFocus' analysis, Chuo Spring Co stock appears to be overvalued. The current stock price of 円3,860.00 is trading 177.8% above its estimated GF Value™ of 円1,389.60. GuruFocus considers Chuo Spring Co to be Significantly Overvalued.

Key valuation signals for TSE:5992:

  • Days Payable: 43.34 (near median its 10-year median of 44.35)
  • GF Value™: 円1,389.60 vs. price of 円3,860.00 (177.8% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 35.3% below the Vehicles & Parts median (#912 of 1309)

No single metric tells the full story. See the TSE:5992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chuo Spring Co Business Description

Address 68 Kamishiota, Narumi-cho, Midori-ku, Nagoya, JPN, 458-8505
Chuo Spring Co Ltd engages in the manufacture and sale of springs, control cables, and automobile supplies. It provides chassis springs, precise springs, cables, gold-plating processing and automobile supplies, as well as design and development services for automobile supplies and reels. Its products include various springs for automobiles, industrial machines, precision machines and aircraft; automotive control cables; and control cable application to buildings, agricultural machines, ships, and housings.
59GF Score

Get the complete analysis for TSE:5992

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

円3,860.00
Price
円1,389.60
GF Value