Shin-Etsu Polymer Co (TSE:7970) Days Payable: 52.31 (As of Mar. 2026) — 27% Below Median


TSE:7970 Shin-Etsu Polymer Co Ltd TSE:7970
90 GF Score
Price 円2,442.00
GF Value 円1,751.66
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shin-Etsu Polymer Co Days Payable?

Shin-Etsu Polymer Co TSE:7970 +2.13% 90 Days Payable is 52.31 as of Mar. 2026, which is 27% below its 10-year median of 71.19. GuruFocus rates TSE:7970 with a GF Score™ of 90/100 and a GF Value™ of 円1,751.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,551 Chemicals companies, Shin-Etsu Polymer Co ranks worse than 57.45% on this metric.

Shin-Etsu Polymer Co's average Accounts Payable for the three months ended in Mar. 2026 was 円11,655 Mil. Shin-Etsu Polymer Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円20,330 Mil. Hence, Shin-Etsu Polymer Co's Days Payable for the three months ended in Mar. 2026 was 52.31.

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

TSE:7970' s Days Payable Range Over the Past 10 Years
Min: 52.76   Med: 71.19   Max: 91.45
Current: 52.76

During the past 13 years, Shin-Etsu Polymer Co's highest Days Payable was 91.45. The lowest was 52.76. And the median was 71.19.

TSE:7970's Days Payable is ranked worse than
57.45% of 1551 companies
in the Chemicals industry
Industry Median: 59.87 vs TSE:7970: 52.76

Shin-Etsu Polymer Co's Days Payable declined from Mar. 2025 (57.91) to Mar. 2026 (52.31). It may suggest that Shin-Etsu Polymer Co accelerated paying its suppliers.


Shin-Etsu Polymer Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shin-Etsu Polymer 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.

Shin-Etsu Polymer Co Days Payable Chart

Shin-Etsu Polymer 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 66.07 68.26 70.78 62.51 53.37

Shin-Etsu Polymer Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 57.91 56.05 50.86 51.40 52.31

TSE:7970 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Shin-Etsu Polymer 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.


Shin-Etsu Polymer Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin-Etsu Polymer Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shin-Etsu Polymer Co's Days Payable falls into.


TSE:7970
90GF Score
Shin-Etsu Polymer Co Ltd TSE:7970
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin-Etsu Polymer 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.

Shin-Etsu Polymer 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
=( (12917 + 10638) / 2 ) / 80547*365
=11777.5 / 80547*365
=53.37

Shin-Etsu Polymer 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
=( (12672 + 10638) / 2 ) / 20330*365 / 4
=11655 / 20330*365 / 4
=52.31

* 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 52.31 mean?
Shin-Etsu Polymer Co (TSE:7970) has a Days Payable of 52.31 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 Shin-Etsu Polymer Co and its competitors. This is 27% below median its historical median of 71.19. Over the past decade, Shin-Etsu Polymer Co's Days Payable has ranged from 52.76 to 91.45. According to the industry distribution chart, Shin-Etsu Polymer Co ranks #891 out of 1551 companies in the Chemicals industry, placing it in the top 57.4%.
Is Shin-Etsu Polymer Co's Days Payable too high?
Shin-Etsu Polymer Co's current Days Payable of 52.31 is 27% below median its 10-year median of 71.19. Over the past 10 years, this metric has ranged from a low of 52.76 to a high of 91.45. The Chemicals industry median Days Payable is 59.87. Shin-Etsu Polymer Co's value of 52.31 is 12.6% below this industry median. Based on the distribution chart, Shin-Etsu Polymer Co ranks #891 out of 1551 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shin-Etsu Polymer Co has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin-Etsu Polymer Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shin-Etsu Polymer Co ranks #891 out of 1551 companies for Days Payable. This places Shin-Etsu Polymer Co in the lower half of its industry. The industry median Days Payable is 59.87. Shin-Etsu Polymer Co's value of 52.31 is 12.6% below this benchmark. Historically, Shin-Etsu Polymer Co's own Days Payable has ranged from 52.76 to 91.45 over the past decade. While the company's 10-year median is 71.19 vs. the industry median of 59.87, Shin-Etsu Polymer 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,551 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. Shin-Etsu Polymer Co's current Days Payable of 52.31 is 12.6% 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 Shin-Etsu Polymer Co and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin-Etsu Polymer Co's current Days Payable is 52.31, which is 27% below median its own 10-year median of 71.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin-Etsu Polymer Co stock overvalued right now?
Based on GuruFocus' analysis, Shin-Etsu Polymer Co (TSE:7970) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,751.66, compared to a current price of 円2,442.00 — trading 39.4% above its estimated fair value. The current Days Payable is 52.31, which is 27% below median its 10-year median of 71.19 and 12.6% below the Chemicals industry median of 59.87. Shin-Etsu Polymer Co's overall GF Score™ is 90/100 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 Shin-Etsu Polymer Co (TSE:7970), the current Days Payable is 52.31 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 Shin-Etsu Polymer Co (TSE:7970) Overvalued in 2026?

Based on GuruFocus' analysis, Shin-Etsu Polymer Co stock appears to be overvalued. The current stock price of 円2,442.00 is trading 39.4% above its estimated GF Value™ of 円1,751.66. GuruFocus considers Shin-Etsu Polymer Co to be Significantly Overvalued.

Key valuation signals for TSE:7970:

  • Days Payable: 52.31 (27% below median its 10-year median of 71.19)
  • GF Value™: 円1,751.66 vs. price of 円2,442.00 (39.4% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 12.6% below the Chemicals median (#891 of 1551)

No single metric tells the full story. See the TSE:7970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin-Etsu Polymer Co Business Description

Address Sotetsu Kandasudacho Building, 1-9 Kanda-Sudacho, Chiyoda-ku, Tokyo, JPN, 101-0041
Shin-Etsu Polymer Co Ltd manufactures polyvinyl and rubber products. The company develops applications for using the silicone and various plastics involving materials and compounding, design, molding processes, and evaluation and analysis and meets the needs of customers engaged in the field from automobiles and information devices to semiconductors and construction materials. Shin-Etsu sells its products mainly to the electronic devices industry, housing and living materials industry, precision molding products industry and others but majority of the revenues are derived from precision molding products which includes shipping and carrying containers for semiconductor silicon wafers, materials for automatic mounting of electronic components, office automation device components.
90GF Score

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

円2,442.00
Price
円1,751.66
GF Value