Japan Electronic Materials (TSE:6855) Days Payable: 19.59 (As of Mar. 2026) — 40% Below Median

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TSE:6855 Japan Electronic Materials Corp TSE:6855
78 GF Score
Price 円7,080.00
GF Value 円3,404.82
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Japan Electronic Materials Days Payable?

Japan Electronic Materials TSE:6855 -1.67% 78 Days Payable is 19.59 as of Mar. 2026, which is 40% below its 10-year median of 32.77. GuruFocus rates TSE:6855 with a GF Score™ of 78/100 and a GF Value™ of 円3,404.82 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 998 Semiconductors companies, Japan Electronic Materials ranks worse than 81.96% on this metric.

Japan Electronic Materials's average Accounts Payable for the six months ended in Mar. 2026 was 円1,019 Mil. Japan Electronic Materials's Cost of Goods Sold for the six months ended in Mar. 2026 was 円9,491 Mil. Hence, Japan Electronic Materials's Days Payable for the six months ended in Mar. 2026 was 19.59.

The historical rank and industry rank for Japan Electronic Materials's Days Payable or its related term are showing as below:

TSE:6855' s Days Payable Range Over the Past 10 Years
Min: 26.86   Med: 32.77   Max: 44.9
Current: 26.86

During the past 13 years, Japan Electronic Materials's highest Days Payable was 44.90. The lowest was 26.86. And the median was 32.77.

TSE:6855's Days Payable is ranked worse than
81.96% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs TSE:6855: 26.86

Japan Electronic Materials's Days Payable declined from Mar. 2025 (25.78) to Mar. 2026 (19.59). It may suggest that Japan Electronic Materials accelerated paying its suppliers.


Japan Electronic Materials Days Payable Historical Data

* Premium members only.

The historical data trend for Japan Electronic Materials'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.

Japan Electronic Materials Days Payable Chart

Japan Electronic Materials 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 40.30 44.90 36.25 34.96 27.03

Japan Electronic Materials 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 29.16 33.26 25.78 36.53 19.59

TSE:6855 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Japan Electronic Materials'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.


Japan Electronic Materials Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Japan Electronic Materials's Days Payable distribution charts can be found below:

* The bar in red indicates where Japan Electronic Materials's Days Payable falls into.


TSE:6855
78GF Score
Japan Electronic Materials Corp TSE:6855
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Electronic Materials 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.

Japan Electronic Materials'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
=( (1601 + 840) / 2 ) / 16483*365
=1220.5 / 16483*365
=27.03

Japan Electronic Materials'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
=( (1198 + 840) / 2 ) / 9491*365 / 2
=1019 / 9491*365 / 2
=19.59

* 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 19.59 mean?
Japan Electronic Materials (TSE:6855) has a Days Payable of 19.59 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 Japan Electronic Materials and its competitors. This is 40% below median its historical median of 32.77. Over the past decade, Japan Electronic Materials' Days Payable has ranged from 26.86 to 44.90. According to the industry distribution chart, Japan Electronic Materials ranks #818 out of 998 companies in the Semiconductors industry, placing it in the top 82%.
Is Japan Electronic Materials' Days Payable too high?
Japan Electronic Materials' current Days Payable of 19.59 is 40% below median its 10-year median of 32.77. Over the past 10 years, this metric has ranged from a low of 26.86 to a high of 44.90. The Semiconductors industry median Days Payable is 52.98. Japan Electronic Materials' value of 19.59 is 63% below this industry median. Based on the distribution chart, Japan Electronic Materials ranks #818 out of 998 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Japan Electronic Materials has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Electronic Materials' Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Japan Electronic Materials ranks #818 out of 998 companies for Days Payable. This places Japan Electronic Materials in the lower half of its industry. The industry median Days Payable is 52.98. Japan Electronic Materials' value of 19.59 is 63% below this benchmark. Historically, Japan Electronic Materials' own Days Payable has ranged from 26.86 to 44.90 over the past decade. While the company's 10-year median is 32.77 vs. the industry median of 52.98, Japan Electronic Materials 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. Japan Electronic Materials's current Days Payable of 19.59 is 63% 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 Japan Electronic Materials 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. Japan Electronic Materials's current Days Payable is 19.59, which is 40% below median its own 10-year median of 32.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Electronic Materials stock overvalued right now?
Based on GuruFocus' analysis, Japan Electronic Materials (TSE:6855) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,404.82, compared to a current price of 円7,080.00 — trading 107.9% above its estimated fair value. The current Days Payable is 19.59, which is 40% below median its 10-year median of 32.77 and 63% below the Semiconductors industry median of 52.98. Japan Electronic Materials' overall GF Score™ is 78/100 with 2 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 Japan Electronic Materials (TSE:6855), the current Days Payable is 19.59 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 Japan Electronic Materials (TSE:6855) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Electronic Materials stock appears to be overvalued. The current stock price of 円7,080.00 is trading 107.9% above its estimated GF Value™ of 円3,404.82. GuruFocus considers Japan Electronic Materials to be Significantly Overvalued.

Key valuation signals for TSE:6855:

  • Days Payable: 19.59 (40% below median its 10-year median of 32.77)
  • GF Value™: 円3,404.82 vs. price of 円7,080.00 (107.9% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 63% below the Semiconductors median (#818 of 998)

No single metric tells the full story. See the TSE:6855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Electronic Materials Business Description

Address 2-5-13 Nishinagasucho, Hyogo Prefecture, Amagasaki, JPN, 660-0805
Japan Electronic Materials Corp is engaged in the development, manufacture, and sale of semiconductor testing components and electron tube components in Japan. Its product portfolio comprises heaters and cathodes for receiving tubes and CRTs, filaments for fluorescent display tubes, directly heated cathodes, and probe cards, among others. The group's business segments are Semiconductor inspection parts related business, which derives maximum revenue, and Electron tube parts related business.
78GF Score

Get the complete analysis for TSE:6855

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

円7,080.00
Price
円3,404.82
GF Value