Oriental Chain Mfg Co (TSE:6380) Days Payable: 34.58 (As of Mar. 2026) — 56% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6380 Oriental Chain Mfg Co Ltd TSE:6380
59 GF Score
Price 円3,915.00
GF Value 円1,924.48
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Oriental Chain Mfg Co Days Payable?

Oriental Chain Mfg Co TSE:6380 +3.57% 59 Days Payable is 34.58 as of Mar. 2026, which is 56% below its 10-year median of 78.93. GuruFocus rates TSE:6380 with a GF Score™ of 59/100 and a GF Value™ of 円1,924.48 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,997 Industrial Products companies, Oriental Chain Mfg Co ranks worse than 70.97% on this metric.

Oriental Chain Mfg Co's average Accounts Payable for the three months ended in Mar. 2026 was 円302 Mil. Oriental Chain Mfg Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円798 Mil. Hence, Oriental Chain Mfg Co's Days Payable for the three months ended in Mar. 2026 was 34.58.

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

TSE:6380' s Days Payable Range Over the Past 10 Years
Min: 33.11   Med: 78.93   Max: 86.66
Current: 44.62

During the past 13 years, Oriental Chain Mfg Co's highest Days Payable was 86.66. The lowest was 33.11. And the median was 78.93.

TSE:6380's Days Payable is ranked worse than
70.97% of 2997 companies
in the Industrial Products industry
Industry Median: 77.82 vs TSE:6380: 44.62

Oriental Chain Mfg Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (34.58). It may suggest that Oriental Chain Mfg Co delayed paying its suppliers.


Oriental Chain Mfg Co Days Payable Historical Data

* Premium members only.

The historical data trend for Oriental Chain Mfg 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.

Oriental Chain Mfg Co Days Payable Chart

Oriental Chain Mfg 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 79.08 77.67 78.78 66.02 33.11

Oriental Chain Mfg Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 52.10 58.93 56.31 34.58 24.47

TSE:6380 vs SNA, RBC, SWK: Days Payable Comparison

For the Tools & Accessories subindustry, Oriental Chain Mfg 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.


Oriental Chain Mfg Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Oriental Chain Mfg Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Oriental Chain Mfg Co's Days Payable falls into.


TSE:6380
59GF Score
Oriental Chain Mfg Co Ltd TSE:6380
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oriental Chain Mfg 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.

Oriental Chain Mfg 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
=( (477.091 + 133.814) / 2 ) / 3367.736*365
=305.4525 / 3367.736*365
=33.11

Oriental Chain Mfg 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
=( (470.787 + 133.814) / 2 ) / 797.719*365 / 4
=302.3005 / 797.719*365 / 4
=34.58

* 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 34.58 mean?
Oriental Chain Mfg Co (TSE:6380) has a Days Payable of 34.58 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 Oriental Chain Mfg Co and its competitors. This is 56% below median its historical median of 78.93. Over the past decade, Oriental Chain Mfg Co's Days Payable has ranged from 33.11 to 86.66. According to the industry distribution chart, Oriental Chain Mfg Co ranks #2127 out of 2997 companies in the Industrial Products industry, placing it in the top 71%.
Is Oriental Chain Mfg Co's Days Payable too high?
Oriental Chain Mfg Co's current Days Payable of 34.58 is 56% below median its 10-year median of 78.93. Over the past 10 years, this metric has ranged from a low of 33.11 to a high of 86.66. The Industrial Products industry median Days Payable is 77.82. Oriental Chain Mfg Co's value of 34.58 is 55.6% below this industry median. Based on the distribution chart, Oriental Chain Mfg Co ranks #2127 out of 2997 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Oriental Chain Mfg 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 Oriental Chain Mfg Co's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Oriental Chain Mfg Co ranks #2127 out of 2997 companies for Days Payable. This places Oriental Chain Mfg Co in the lower half of its industry. The industry median Days Payable is 77.82. Oriental Chain Mfg Co's value of 34.58 is 55.6% below this benchmark. Historically, Oriental Chain Mfg Co's own Days Payable has ranged from 33.11 to 86.66 over the past decade. While the company's 10-year median is 78.93 vs. the industry median of 77.82, Oriental Chain Mfg 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.82, based on 2,997 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. Oriental Chain Mfg Co's current Days Payable of 34.58 is 55.6% 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 Oriental Chain Mfg Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oriental Chain Mfg Co's current Days Payable is 34.58, which is 56% below median its own 10-year median of 78.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oriental Chain Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Oriental Chain Mfg Co (TSE:6380) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,924.48, compared to a current price of 円3,915.00 — trading 103.4% above its estimated fair value. The current Days Payable is 34.58, which is 56% below median its 10-year median of 78.93 and 55.6% below the Industrial Products industry median of 77.82. Oriental Chain Mfg Co's overall GF Score™ is 59/100 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 Oriental Chain Mfg Co (TSE:6380), the current Days Payable is 34.58 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 Oriental Chain Mfg Co (TSE:6380) Overvalued in 2026?

Based on GuruFocus' analysis, Oriental Chain Mfg Co stock appears to be overvalued. The current stock price of 円3,915.00 is trading 103.4% above its estimated GF Value™ of 円1,924.48. GuruFocus considers Oriental Chain Mfg Co to be Significantly Overvalued.

Key valuation signals for TSE:6380:

  • Days Payable: 34.58 (56% below median its 10-year median of 78.93)
  • GF Value™: 円1,924.48 vs. price of 円3,915.00 (103.4% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 55.6% below the Industrial Products median (#2127 of 2997)

No single metric tells the full story. See the TSE:6380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oriental Chain Mfg Co Business Description

Address 485 Miyanagaichimachi, Ishikawa Prefecture, Hakusan, JPN, 924-0016
Oriental Chain Mfg Co Ltd is engaged in manufacturing and selling roller chains, conveyor chains, and sprockets for use in various equipment in Japan and internationally. The company's products include stainless and nickel plated, extra heavy duty, and top roller chains, as well as roller chains with outboard rollers; plastic and hollow pins, among others.
59GF Score

Get the complete analysis for TSE:6380

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

円3,915.00
Price
円1,924.48
GF Value