Sinko Industries (FRA:37W) Days Payable: 188.15 (As of Mar. 2026) — 204% Above Median

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FRA:37W Sinko Industries Ltd FRA:37W
88 GF Score
Price €6.20
GF Value €7.21
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What is Sinko Industries Days Payable?

Sinko Industries FRA:37W -2.36% 88 Days Payable is 188.15 as of Mar. 2026, which is 204% above its 10-year median of 61.99. GuruFocus rates FRA:37W with a GF Score™ of 88/100 and a GF Value™ of €7.21. Among 1,716 Construction companies, Sinko Industries ranks worse than 64.1% on this metric.

Sinko Industries's average Accounts Payable for the six months ended in Mar. 2026 was €5,862 Mil. Sinko Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was €11,372 Mil. Hence, Sinko Industries's Days Payable for the six months ended in Mar. 2026 was 94.07.

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

FRA:37W' s Days Payable Range Over the Past 10 Years
Min: 52.28   Med: 61.99   Max: 78.37
Current: 57.72

During the past 13 years, Sinko Industries's highest Days Payable was 78.37. The lowest was 52.28. And the median was 61.99.

FRA:37W's Days Payable is ranked worse than
64.1% of 1716 companies
in the Construction industry
Industry Median: 76.55 vs FRA:37W: 57.72

Sinko Industries's Days Payable declined from Sep. 2025 (223.93) to Mar. 2026 (188.15). It may suggest that Sinko Industries accelerated paying its suppliers.


Sinko Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Sinko Industries'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.

Sinko Industries Days Payable Chart

Sinko Industries 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 52.28 52.53 55.42 62.37 64.48

Sinko Industries Semi-Annual 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 199.30 288.45 223.93 215.48 188.15

FRA:37W vs : Days Payable Comparison

For the Building Products & Equipment subindustry, Sinko Industries'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.


Sinko Industries Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Sinko Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Sinko Industries's Days Payable falls into.


FRA:37W
88GF Score
Sinko Industries Ltd FRA:37W
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinko Industries 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.

Sinko Industries'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
=( (6664 + 6309) / 2 ) / 36717*365
=6486.5 / 36717*365
=64.48

Sinko Industries'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
=( (5415 + 6309) / 2 ) / 11372*365 / 2
=5862 / 11372*365 / 2
=94.07

* 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 188.15 mean?
Sinko Industries (FRA:37W) has a Days Payable of 188.15 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 Sinko Industries and its competitors. This is 204% above median its historical median of 61.99. Over the past decade, Sinko Industries' Days Payable has ranged from 52.28 to 78.37. According to the industry distribution chart, Sinko Industries ranks #1100 out of 1716 companies in the Construction industry, placing it in the top 64.1%.
Is Sinko Industries' Days Payable too high?
Sinko Industries' current Days Payable of 188.15 is 204% above median its 10-year median of 61.99. Over the past 10 years, this metric has ranged from a low of 52.28 to a high of 78.37. The Construction industry median Days Payable is 76.55. Sinko Industries' value of 188.15 is 145.8% above this industry median. Based on the distribution chart, Sinko Industries ranks #1100 out of 1716 companies in the Construction industry, which is below the industry midpoint. Overall, Sinko Industries has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Sinko Industries' Days Payable compare to ?
According to the Construction industry distribution chart, Sinko Industries ranks #1100 out of 1716 companies for Days Payable. This places Sinko Industries in the lower half of its industry. The industry median Days Payable is 76.55. Sinko Industries' value of 188.15 is 145.8% above this benchmark. Historically, Sinko Industries' own Days Payable has ranged from 52.28 to 78.37 over the past decade. While the company's 10-year median is 61.99 vs. the industry median of 76.55, Sinko Industries has consistently been above 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 Construction company?
The median Days Payable among Construction companies is 76.55, based on 1,716 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. Sinko Industries's current Days Payable of 188.15 is 145.8% above 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 Sinko Industries and its competitors. For the Construction industry, the median Days Payable is 76.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinko Industries's current Days Payable is 188.15, which is 204% above median its own 10-year median of 61.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinko Industries stock overvalued right now?
Sinko Industries (FRA:37W) has a current Days Payable of 188.15. The stock's GF Value™ is €7.21, compared to a current price of €6.20 — trading 14% below its estimated fair value. The current Days Payable is 188.15, which is 204% above median its 10-year median of 61.99 and 145.8% above the Construction industry median of 76.55. Sinko Industries' overall GF Score™ is 88/100. 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 Sinko Industries (FRA:37W), the current Days Payable is 188.15 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 Sinko Industries (FRA:37W) Overvalued in 2026?

Based on GuruFocus' analysis, Sinko Industries stock appears to be undervalued. The current stock price of €6.20 is trading 14% below its estimated GF Value™ of €7.21.

Key valuation signals for FRA:37W:

  • Days Payable: 188.15 (204% above median its 10-year median of 61.99)
  • GF Value™: €7.21 vs. price of €6.20 (14% below fair value)
  • GF Score™: 88/100
  • Industry Position: 145.8% above the Construction median (#1100 of 1716)

No single metric tells the full story. See the FRA:37W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinko Industries Business Description

Comparable Companies
Other Exchanges 6458:Japan
Address 1-4-5 Minamimori-machi, Kita-ku, Osaka Prefecture, Osaka, JPN, 5300054
Sinko Industries Ltd manufactures and sells air-conditioning equipment. Its product offerings include heat pump air conditioner, fan coil unit (FCU), unit heater, air terminal unit, air clinic, among others. Sinko goods can be applied in hospitals, offices, factories, warehouses, hotels, data centers, airports, commercial facilities, and government buildings. The company's reportable segments are Japan, which derives maximum revenue, and Asia.
88GF Score

Get the complete analysis for FRA:37W

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

€6.20
Price
€7.21
GF Value