Origin Co (TSE:6513) Days Payable: 29.79 (As of Mar. 2026) — 29% Below Median

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TSE:6513 Origin Co Ltd TSE:6513
61 GF Score
Price 円1,075.00
GF Value 円1,165.47
Valuation Fairly Valued
! 6 Warning Signs
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What is Origin Co Days Payable?

Origin Co TSE:6513 +0.28% 61 Days Payable is 29.79 as of Mar. 2026, which is 29% below its 10-year median of 42.14. GuruFocus rates TSE:6513 with a GF Score™ of 61/100 and a GF Value™ of 円1,165.47 (Fairly Valued). The stock has 6 warning signs investors should review. Among 998 Semiconductors companies, Origin Co ranks worse than 75.55% on this metric.

Origin Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,825 Mil. Origin Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円11,179 Mil. Hence, Origin Co's Days Payable for the six months ended in Mar. 2026 was 29.79.

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

TSE:6513' s Days Payable Range Over the Past 10 Years
Min: 31.94   Med: 42.14   Max: 83.68
Current: 32.38

During the past 13 years, Origin Co's highest Days Payable was 83.68. The lowest was 31.94. And the median was 42.14.

TSE:6513's Days Payable is ranked worse than
75.55% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs TSE:6513: 32.38

Origin Co's Days Payable declined from Mar. 2025 (31.40) to Mar. 2026 (29.79). It may suggest that Origin Co accelerated paying its suppliers.


Origin Co Days Payable Historical Data

* Premium members only.

The historical data trend for Origin 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.

Origin Co Days Payable Chart

Origin 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 44.49 42.91 36.60 33.91 31.94

Origin 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 35.74 34.78 31.40 35.69 29.79

TSE:6513 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Origin 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.


Origin Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Origin Co's Days Payable distribution charts can be found below:

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


TSE:6513
61GF Score
Origin Co Ltd TSE:6513
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Origin 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.

Origin 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
=( (2030.211 + 1705.112) / 2 ) / 21339.698*365
=1867.6615 / 21339.698*365
=31.94

Origin 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
=( (1944 + 1705.112) / 2 ) / 11178.698*365 / 2
=1824.556 / 11178.698*365 / 2
=29.79

* 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 29.79 mean?
Origin Co (TSE:6513) has a Days Payable of 29.79 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 Origin Co and its competitors. This is 29% below median its historical median of 42.14. Over the past decade, Origin Co's Days Payable has ranged from 31.94 to 83.68. According to the industry distribution chart, Origin Co ranks #754 out of 998 companies in the Semiconductors industry, placing it in the top 75.6%.
Is Origin Co's Days Payable too high?
Origin Co's current Days Payable of 29.79 is 29% below median its 10-year median of 42.14. Over the past 10 years, this metric has ranged from a low of 31.94 to a high of 83.68. The Semiconductors industry median Days Payable is 52.98. Origin Co's value of 29.79 is 43.8% below this industry median. Based on the distribution chart, Origin Co ranks #754 out of 998 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Origin Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Origin Co's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Origin Co ranks #754 out of 998 companies for Days Payable. This places Origin Co in the lower half of its industry. The industry median Days Payable is 52.98. Origin Co's value of 29.79 is 43.8% below this benchmark. Historically, Origin Co's own Days Payable has ranged from 31.94 to 83.68 over the past decade. While the company's 10-year median is 42.14 vs. the industry median of 52.98, Origin 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 998 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. Origin Co's current Days Payable of 29.79 is 43.8% 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 Origin Co and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Origin Co's current Days Payable is 29.79, which is 29% below median its own 10-year median of 42.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Origin Co stock overvalued right now?
Based on GuruFocus' analysis, Origin Co (TSE:6513) is currently considered Fairly Valued. The stock's GF Value™ is 円1,165.47, compared to a current price of 円1,075.00 — trading 7.8% below its estimated fair value. The current Days Payable is 29.79, which is 29% below median its 10-year median of 42.14 and 43.8% below the Semiconductors industry median of 52.98. Origin Co's overall GF Score™ is 61/100 with 6 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 Origin Co (TSE:6513), the current Days Payable is 29.79 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 Origin Co (TSE:6513) Overvalued in 2026?

Based on GuruFocus' analysis, Origin Co stock appears to be undervalued. The current stock price of 円1,075.00 is trading 7.8% below its estimated GF Value™ of 円1,165.47. GuruFocus considers Origin Co to be Fairly Valued.

Key valuation signals for TSE:6513:

  • Days Payable: 29.79 (29% below median its 10-year median of 42.14)
  • GF Value™: 円1,165.47 vs. price of 円1,075.00 (7.8% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 43.8% below the Semiconductors median (#754 of 998)

No single metric tells the full story. See the TSE:6513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Origin Co Business Description

Address 3-3-27 Sakawa, Sakura-ku, Saitama-ken, Saitama-shi, JPN, 338-0823
Origin Co Ltd is engaged in manufacturing and sales of power equipment, semiconductor devices, precision mechanical parts, system equipment and synthetic resin paints. Its business activities are divided into four divisions including Electronic, Chemitronics, Mechatronics and Components. The Electronics division promotes technological development of power supply equipment. Chemitronics division develops environmentally-friendly paints, water-based paints, benzene, solvent-based paints without toluene and xylene. The Mechatronics division develops cap sealer for semiconductor, vacuum soldering system, among others. Components division is engaged in the development of semiconductor power device technology and the development of original custom made precision mechanical parts.
61GF Score

Get the complete analysis for TSE:6513

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

円1,075.00
Price
円1,165.47
GF Value