Shin Nippon Air Technologies Co (TSE:1952) Days Payable: 54.34 (As of Mar. 2026) — 52% Below Median

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TSE:1952 Shin Nippon Air Technologies Co Ltd TSE:1952
84 GF Score
Price 円3,270.00
GF Value 円2,361.40
Valuation Significantly Overvalued
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What is Shin Nippon Air Technologies Co Days Payable?

Shin Nippon Air Technologies Co TSE:1952 +2.19% 84 Days Payable is 54.34 as of Mar. 2026, which is 52% below its 10-year median of 112.34. GuruFocus rates TSE:1952 with a GF Score™ of 84/100 and a GF Value™ of 円2,361.40 (Significantly Overvalued). Among 1,715 Construction companies, Shin Nippon Air Technologies Co ranks worse than 60.41% on this metric.

Shin Nippon Air Technologies Co's average Accounts Payable for the three months ended in Mar. 2026 was 円24,277 Mil. Shin Nippon Air Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円40,764 Mil. Hence, Shin Nippon Air Technologies Co's Days Payable for the three months ended in Mar. 2026 was 54.34.

The historical rank and industry rank for Shin Nippon Air Technologies Co's Days Payable or its related term are showing as below:

TSE:1952' s Days Payable Range Over the Past 10 Years
Min: 61.64   Med: 112.34   Max: 125.52
Current: 61.64

During the past 13 years, Shin Nippon Air Technologies Co's highest Days Payable was 125.52. The lowest was 61.64. And the median was 112.34.

TSE:1952's Days Payable is ranked worse than
60.41% of 1715 companies
in the Construction industry
Industry Median: 76.33 vs TSE:1952: 61.64

Shin Nippon Air Technologies Co's Days Payable increased from Mar. 2025 (50.16) to Mar. 2026 (54.34). It may suggest that Shin Nippon Air Technologies Co delayed paying its suppliers.


Shin Nippon Air Technologies Co Days Payable Related Terms


Shin Nippon Air Technologies Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shin Nippon Air Technologies 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 Nippon Air Technologies Co Days Payable Chart

Shin Nippon Air Technologies 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 109.68 104.09 85.23 77.35 76.49

Shin Nippon Air Technologies 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 50.16 74.35 54.54 52.27 54.34

TSE:1952 vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Shin Nippon Air Technologies 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 Nippon Air Technologies Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Shin Nippon Air Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shin Nippon Air Technologies Co's Days Payable falls into.


TSE:1952
84GF Score
Shin Nippon Air Technologies Co Ltd TSE:1952
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Nippon Air Technologies 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 Nippon Air Technologies 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
=( (25836 + 27686) / 2 ) / 127694*365
=26761 / 127694*365
=76.49

Shin Nippon Air Technologies 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
=( (20867 + 27686) / 2 ) / 40764*365 / 4
=24276.5 / 40764*365 / 4
=54.34

* 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 54.34 mean?
Shin Nippon Air Technologies Co (TSE:1952) has a Days Payable of 54.34 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 Nippon Air Technologies Co and its competitors. This is 52% below median its historical median of 112.34. Over the past decade, Shin Nippon Air Technologies Co's Days Payable has ranged from 61.64 to 125.52. According to the industry distribution chart, Shin Nippon Air Technologies Co ranks #1036 out of 1715 companies in the Construction industry, placing it in the top 60.4%.
Is Shin Nippon Air Technologies Co's Days Payable too high?
Shin Nippon Air Technologies Co's current Days Payable of 54.34 is 52% below median its 10-year median of 112.34. Over the past 10 years, this metric has ranged from a low of 61.64 to a high of 125.52. The Construction industry median Days Payable is 76.33. Shin Nippon Air Technologies Co's value of 54.34 is 28.8% below this industry median. Based on the distribution chart, Shin Nippon Air Technologies Co ranks #1036 out of 1715 companies in the Construction industry, which is below the industry midpoint. Overall, Shin Nippon Air Technologies Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin Nippon Air Technologies Co's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Shin Nippon Air Technologies Co ranks #1036 out of 1715 companies for Days Payable. This places Shin Nippon Air Technologies Co in the lower half of its industry. The industry median Days Payable is 76.33. Shin Nippon Air Technologies Co's value of 54.34 is 28.8% below this benchmark. Historically, Shin Nippon Air Technologies Co's own Days Payable has ranged from 61.64 to 125.52 over the past decade. While the company's 10-year median is 112.34 vs. the industry median of 76.33, Shin Nippon Air Technologies 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 Construction company?
The median Days Payable among Construction companies is 76.33, based on 1,715 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 Nippon Air Technologies Co's current Days Payable of 54.34 is 28.8% 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 Nippon Air Technologies Co and its competitors. For the Construction industry, the median Days Payable is 76.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Nippon Air Technologies Co's current Days Payable is 54.34, which is 52% below median its own 10-year median of 112.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Nippon Air Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Nippon Air Technologies Co (TSE:1952) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,361.40, compared to a current price of 円3,270.00 — trading 38.5% above its estimated fair value. The current Days Payable is 54.34, which is 52% below median its 10-year median of 112.34 and 28.8% below the Construction industry median of 76.33. Shin Nippon Air Technologies Co's overall GF Score™ is 84/100. 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 Shin Nippon Air Technologies Co (TSE:1952), the current Days Payable is 54.34 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 Nippon Air Technologies Co (TSE:1952) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Nippon Air Technologies Co stock appears to be overvalued. The current stock price of 円3,270.00 is trading 38.5% above its estimated GF Value™ of 円2,361.40. GuruFocus considers Shin Nippon Air Technologies Co to be Significantly Overvalued.

Key valuation signals for TSE:1952:

  • Days Payable: 54.34 (52% below median its 10-year median of 112.34)
  • GF Value™: 円2,361.40 vs. price of 円3,270.00 (38.5% above fair value)
  • GF Score™: 84/100
  • Industry Position: 28.8% below the Construction median (#1036 of 1715)

No single metric tells the full story. See the TSE:1952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Nippon Air Technologies Co Business Description

Address 2-31-1 Nihonbashi Hamacho, Hamacho Center Building, Chuo-ku, Tokyo, JPN, 103-0007
Shin Nippon Air Technologies Co Ltd engages in the design, installation, management, and contract work for air conditioning systems, ventilation, environmental protection, temperature and humidity adjustment, dust removal, disinfection, water supply and drainage, sanitation equipment, and electrical equipment.
84GF Score

Get the complete analysis for TSE:1952

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

円3,270.00
Price
円2,361.40
GF Value