Sanmina (STU:SAYN) Days Payable: 60.19 (As of Mar. 2026) — 21% Below Median


STU:SAYN Sanmina Corp STU:SAYN
89 GF Score
Price €193.75
GF Value €111.65
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sanmina Days Payable?

Sanmina STU:SAYN +0.89% 89 Days Payable is 60.19 as of Mar. 2026, which is 21% below its 10-year median of 76.01. GuruFocus rates STU:SAYN with a GF Score™ of 89/100 and a GF Value™ of €111.65 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,436 Hardware companies, Sanmina ranks worse than 54.15% on this metric.

Sanmina's average Accounts Payable for the three months ended in Mar. 2026 was €2,088 Mil. Sanmina's Cost of Goods Sold for the three months ended in Mar. 2026 was €3,165 Mil. Hence, Sanmina's Days Payable for the three months ended in Mar. 2026 was 60.19.

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

STU:SAYN' s Days Payable Range Over the Past 10 Years
Min: 64.89   Med: 76.01   Max: 87.87
Current: 64.89

During the past 13 years, Sanmina's highest Days Payable was 87.87. The lowest was 64.89. And the median was 76.01.

STU:SAYN's Days Payable is ranked worse than
54.15% of 2436 companies
in the Hardware industry
Industry Median: 69.91 vs STU:SAYN: 64.89

Sanmina's Days Payable declined from Mar. 2025 (70.36) to Mar. 2026 (60.19). It may suggest that Sanmina accelerated paying its suppliers.


Sanmina Days Payable Historical Data

* Premium members only.

The historical data trend for Sanmina'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.

Sanmina Days Payable Chart

Sanmina Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.76 82.04 83.76 80.70 76.42

Sanmina 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 70.36 70.48 72.72 60.73 60.19

STU:SAYN vs LFUS, VICR, RAL: Days Payable Comparison

For the Electronic Components subindustry, Sanmina'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.


Sanmina Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Sanmina's Days Payable distribution charts can be found below:

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


STU:SAYN
89GF Score
Sanmina Corp STU:SAYN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanmina 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.

Sanmina's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1299.228 + 1345.219) / 2 ) / 6315.045*365
=1322.2235 / 6315.045*365
=76.42

Sanmina'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
=( (2005.375 + 2170.251) / 2 ) / 3165.45*365 / 4
=2087.813 / 3165.45*365 / 4
=60.19

* 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 60.19 mean?
Sanmina (STU:SAYN) has a Days Payable of 60.19 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 Sanmina and its competitors. This is 21% below median its historical median of 76.01. Over the past decade, Sanmina's Days Payable has ranged from 64.89 to 87.87. According to the industry distribution chart, Sanmina ranks #1319 out of 2436 companies in the Hardware industry, placing it in the top 54.1%.
Is Sanmina's Days Payable too high?
Sanmina's current Days Payable of 60.19 is 21% below median its 10-year median of 76.01. Over the past 10 years, this metric has ranged from a low of 64.89 to a high of 87.87. The Hardware industry median Days Payable is 69.91. Sanmina's value of 60.19 is 13.9% below this industry median. Based on the distribution chart, Sanmina ranks #1319 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Sanmina has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanmina's Days Payable compare to LFUS and VICR?
According to the Hardware industry distribution chart, Sanmina ranks #1319 out of 2436 companies for Days Payable. This places Sanmina in the lower half of its industry. The industry median Days Payable is 69.91. Sanmina's value of 60.19 is 13.9% below this benchmark. Historically, Sanmina's own Days Payable has ranged from 64.89 to 87.87 over the past decade. While the company's 10-year median is 76.01 vs. the industry median of 69.91, Sanmina 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 69.91, based on 2,436 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. Sanmina's current Days Payable of 60.19 is 13.9% 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 Sanmina and its competitors. For the Hardware industry, the median Days Payable is 69.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanmina's current Days Payable is 60.19, which is 21% below median its own 10-year median of 76.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanmina stock overvalued right now?
Based on GuruFocus' analysis, Sanmina (STU:SAYN) is currently considered Significantly Overvalued. The stock's GF Value™ is €111.65, compared to a current price of €193.75 — trading 73.5% above its estimated fair value. The current Days Payable is 60.19, which is 21% below median its 10-year median of 76.01 and 13.9% below the Hardware industry median of 69.91. Sanmina's overall GF Score™ is 89/100 with 3 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 Sanmina (STU:SAYN), the current Days Payable is 60.19 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 Sanmina (STU:SAYN) Overvalued in 2026?

Based on GuruFocus' analysis, Sanmina stock appears to be overvalued. The current stock price of €193.75 is trading 73.5% above its estimated GF Value™ of €111.65. GuruFocus considers Sanmina to be Significantly Overvalued.

Key valuation signals for STU:SAYN:

  • Days Payable: 60.19 (21% below median its 10-year median of 76.01)
  • GF Value™: €111.65 vs. price of €193.75 (73.5% above fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 13.9% below the Hardware median (#1319 of 2436)

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


Sanmina Business Description

Other Exchanges SANM:USASAYN:Germany
Address 2700 North First Street, San Jose, CA, USA, 95134
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense, and aerospace end markets. The operations are managed as two businesses: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue mainly in the United States, China, and Mexico, but has a presence around the world.
89GF Score

Get the complete analysis for STU:SAYN

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

€193.75
Price
€111.65
GF Value