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ChinoTSE:6850 +1.19%86 Days Payable is 37.42 as of Mar. 2026, which is 31% below its 10-year median of 54.02. GuruFocus rates TSE:6850 with a GF Score™ of 86/100 and a GF Value™ of 円1,385.54 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,445 Hardware companies, Chino ranks worse than 79.06% on this metric.
Chino's average Accounts Payable for the
six
months ended in Mar. 2026 was 円2,376 Mil. Chino's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円11,587 Mil.
Hence, Chino's Days Payable for the
six
months ended in Mar. 2026 was 37.42.
The historical rank and industry rank for Chino's Days Payable or its related term are showing as below:
TSE:6850'
s Days Payable Range Over the Past 10 Years
Min: 38.25 Med: 54.02 Max: 105.2
Current: 38.25
During the past 13 years, Chino's highest Days Payable was 105.20. The lowest was 38.25. And the median was 54.02.
TSE:6850's Days Payable is ranked worse than 79.06% of 2445
companies
in the Hardware industry
Industry Median: 70.06
vs TSE:6850: 38.25
Chino's Days Payable
declined
from Mar. 2025 (38.50) to Mar. 2026 (37.42).
It may suggest that Chinoaccelerated paying its suppliers.
Chino Days Payable Related Terms
Chino Days Payable Historical Data
* Premium members only.
The historical data trend for Chino'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:6850 vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Chino'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.
Chino Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Chino's Days Payable distribution charts can be found below:
* The bar in red indicates where Chino'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.
Chino'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.
Chino (TSE:6850) has a Days Payable of 37.42 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 Chino and its competitors. This is 31% below median its historical median of 54.02. Over the past decade, Chino's Days Payable has ranged from 38.25 to 105.20. According to the industry distribution chart, Chino ranks #1933 out of 2445 companies in the Hardware industry, placing it in the top 79.1%.
Is Chino's Days Payable too high?
Chino's current Days Payable of 37.42 is 31% below median its 10-year median of 54.02. Over the past 10 years, this metric has ranged from a low of 38.25 to a high of 105.20. The Hardware industry median Days Payable is 70.06. Chino's value of 37.42 is 46.6% below this industry median. Based on the distribution chart, Chino ranks #1933 out of 2445 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Chino has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chino's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Chino ranks #1933 out of 2445 companies for Days Payable. This places Chino in the lower half of its industry. The industry median Days Payable is 70.06. Chino's value of 37.42 is 46.6% below this benchmark. Historically, Chino's own Days Payable has ranged from 38.25 to 105.20 over the past decade. While the company's 10-year median is 54.02 vs. the industry median of 70.06, Chino 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 Hardware company?
The median Days Payable among Hardware companies is 70.06, based on 2,445 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. Chino's current Days Payable of 37.42 is 46.6% 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 Chino and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chino's current Days Payable is 37.42, which is 31% below median its own 10-year median of 54.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chino stock overvalued right now?
Based on GuruFocus' analysis, Chino (TSE:6850) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,385.54, compared to a current price of 円1,615.00 — trading 16.6% above its estimated fair value. The current Days Payable is 37.42, which is 31% below median its 10-year median of 54.02 and 46.6% below the Hardware industry median of 70.06. Chino's overall GF Score™ is 86/100 with 1 warning sign 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 Chino (TSE:6850), the current Days Payable is 37.42 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 Chino (TSE:6850) Overvalued in 2026?
Based on GuruFocus' analysis, Chino stock appears to be overvalued.
The current stock price of 円1,615.00 is trading 16.6% above its estimated GF Value™ of 円1,385.54.
GuruFocus considers Chino to be Modestly Overvalued.
Key valuation signals for TSE:6850:
Days Payable: 37.42 (31% below median its 10-year median of 54.02)
GF Value™: 円1,385.54 vs. price of 円1,615.00 (16.6% above fair value)
Industry Position: 46.6% below the Hardware median (#1933 of 2445)
No single metric tells the full story. See the TSE:6850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chino Corp is engaged in the manufacture and sale of instrumentation and control equipment. The product line includes - temperature sensors, infrared radiation thermometers, recorders, data loggers, temperature calibration equipment, fuel cell testing systems, compressor performance testing systems, and instrumentation components.
86GF Score
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