ShinnihonTSE:1879 +0.33%84 Days Payable is 68.79 as of Mar. 2026, which is 44% below its 10-year median of 123.12. GuruFocus rates TSE:1879 with a GF Score™ of 84/100 and a GF Value™ of 円1,669.38 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,708 Construction companies, Shinnihon ranks better than 61.18% on this metric.
Shinnihon's average Accounts Payable for the
three
months ended in Mar. 2026 was 円29,910 Mil. Shinnihon's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円39,675 Mil.
Hence, Shinnihon's Days Payable for the
three
months ended in Mar. 2026 was 68.79.
The historical rank and industry rank for Shinnihon's Days Payable or its related term are showing as below:
TSE:1879'
s Days Payable Range Over the Past 10 Years
Min: 99.22 Med: 123.12 Max: 146.43
Current: 99.22
During the past 13 years, Shinnihon's highest Days Payable was 146.43. The lowest was 99.22. And the median was 123.12.
TSE:1879's Days Payable is ranked better than 61.18% of 1708
companies
in the Construction industry
Industry Median: 76.635
vs TSE:1879: 99.22
Shinnihon's Days Payable
declined
from Mar. 2025 (84.44) to Mar. 2026 (68.79).
It may suggest that Shinnihonaccelerated paying its suppliers.
Shinnihon Days Payable Related Terms
Shinnihon Days Payable Historical Data
* Premium members only.
The historical data trend for Shinnihon'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:1879 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Shinnihon'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.
Shinnihon Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Shinnihon's Days Payable distribution charts can be found below:
* The bar in red indicates where Shinnihon'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.
Shinnihon'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.
Shinnihon (TSE:1879) has a Days Payable of 68.79 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 Shinnihon and its competitors. This is 44% below median its historical median of 123.12. Over the past decade, Shinnihon's Days Payable has ranged from 99.22 to 146.43. According to the industry distribution chart, Shinnihon ranks #663 out of 1708 companies in the Construction industry, placing it in the top 38.8%.
Is Shinnihon's Days Payable too high?
Shinnihon's current Days Payable of 68.79 is 44% below median its 10-year median of 123.12. Over the past 10 years, this metric has ranged from a low of 99.22 to a high of 146.43. The Construction industry median Days Payable is 76.64. Shinnihon's value of 68.79 is 10.2% below this industry median. Based on the distribution chart, Shinnihon ranks #663 out of 1708 companies in the Construction industry, which is above the industry midpoint. Overall, Shinnihon has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinnihon's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Shinnihon ranks #663 out of 1708 companies for Days Payable. This puts Shinnihon in the upper half of its industry. The industry median Days Payable is 76.64. Shinnihon's value of 68.79 is 10.2% below this benchmark. Historically, Shinnihon's own Days Payable has ranged from 99.22 to 146.43 over the past decade. While the company's 10-year median is 123.12 vs. the industry median of 76.64, Shinnihon 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 Construction company?
The median Days Payable among Construction companies is 76.64, based on 1,708 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. Shinnihon's current Days Payable of 68.79 is 10.2% 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 Shinnihon and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinnihon's current Days Payable is 68.79, which is 44% below median its own 10-year median of 123.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinnihon stock overvalued right now?
Based on GuruFocus' analysis, Shinnihon (TSE:1879) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,669.38, compared to a current price of 円2,119.00 — trading 26.9% above its estimated fair value. The current Days Payable is 68.79, which is 44% below median its 10-year median of 123.12 and 10.2% below the Construction industry median of 76.64. Shinnihon's overall GF Score™ is 84/100 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 Shinnihon (TSE:1879), the current Days Payable is 68.79 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 Shinnihon (TSE:1879) Overvalued in 2026?
Based on GuruFocus' analysis, Shinnihon stock appears to be overvalued.
The current stock price of 円2,119.00 is trading 26.9% above its estimated GF Value™ of 円1,669.38.
GuruFocus considers Shinnihon to be Modestly Overvalued.
Key valuation signals for TSE:1879:
Days Payable: 68.79 (44% below median its 10-year median of 123.12)
GF Value™: 円1,669.38 vs. price of 円2,119.00 (26.9% above fair value)
Industry Position: 10.2% below the Construction median (#663 of 1708)
No single metric tells the full story. See the TSE:1879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinnihon Corp is engaged in engineering and construction services. The company operates in two divisions namely Construction Division and Development Business Division. The construction division is engaged in the construction of joint housing, government office, hotel, office building, shopping center, shop, hospital/welfare facilities, and factories. The Development Business Division is engaged in Distribution and rental of condominium / detached house, planning and development business of commercial facilities, offices, and warehouses.
84GF Score
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