Showangyo Co (TSE:2004) Days Payable: 33.69 (As of Mar. 2026) — 17% Below Median

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TSE:2004 Showa Sangyo Co Ltd TSE:2004
68 GF Score
Price 円3,465.00
GF Value 円3,030.25
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Showangyo Co Days Payable?

Showangyo Co TSE:2004 -0.72% 68 Days Payable is 33.69 as of Mar. 2026, which is 17% below its 10-year median of 40.50. GuruFocus rates TSE:2004 with a GF Score™ of 68/100 and a GF Value™ of 円3,030.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,890 Consumer Packaged Goods companies, Showangyo Co ranks worse than 67.88% on this metric.

Showangyo Co's average Accounts Payable for the three months ended in Mar. 2026 was 円24,742 Mil. Showangyo Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円67,022 Mil. Hence, Showangyo Co's Days Payable for the three months ended in Mar. 2026 was 33.69.

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

TSE:2004' s Days Payable Range Over the Past 10 Years
Min: 29.79   Med: 40.5   Max: 45.42
Current: 31.28

During the past 13 years, Showangyo Co's highest Days Payable was 45.42. The lowest was 29.79. And the median was 40.50.

TSE:2004's Days Payable is ranked worse than
67.88% of 1890 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs TSE:2004: 31.28

Showangyo Co's Days Payable increased from Mar. 2025 (31.89) to Mar. 2026 (33.69). It may suggest that Showangyo Co delayed paying its suppliers.


Showangyo Co Days Payable Historical Data

* Premium members only.

The historical data trend for Showangyo 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.

Showangyo Co Days Payable Chart

Showangyo 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 45.42 41.58 37.04 31.92 29.79

Showangyo 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 31.89 31.24 31.33 30.46 33.69

TSE:2004 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Showangyo 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.


Showangyo Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Showangyo Co's Days Payable distribution charts can be found below:

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


TSE:2004
68GF Score
Showa Sangyo Co Ltd TSE:2004
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Showangyo 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.

Showangyo 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
=( (22177 + 22813) / 2 ) / 275625*365
=22495 / 275625*365
=29.79

Showangyo 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
=( (26670 + 22813) / 2 ) / 67022*365 / 4
=24741.5 / 67022*365 / 4
=33.69

* 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 33.69 mean?
Showangyo Co (TSE:2004) has a Days Payable of 33.69 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 Showangyo Co and its competitors. This is 17% below median its historical median of 40.50. Over the past decade, Showangyo Co's Days Payable has ranged from 29.79 to 45.42. According to the industry distribution chart, Showangyo Co ranks #1283 out of 1890 companies in the Consumer Packaged Goods industry, placing it in the top 67.9%.
Is Showangyo Co's Days Payable too high?
Showangyo Co's current Days Payable of 33.69 is 17% below median its 10-year median of 40.50. Over the past 10 years, this metric has ranged from a low of 29.79 to a high of 45.42. The Consumer Packaged Goods industry median Days Payable is 44.15. Showangyo Co's value of 33.69 is 23.7% below this industry median. Based on the distribution chart, Showangyo Co ranks #1283 out of 1890 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Showangyo Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Showangyo Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Showangyo Co ranks #1283 out of 1890 companies for Days Payable. This places Showangyo Co in the lower half of its industry. The industry median Days Payable is 44.15. Showangyo Co's value of 33.69 is 23.7% below this benchmark. Historically, Showangyo Co's own Days Payable has ranged from 29.79 to 45.42 over the past decade. While the company's 10-year median is 40.50 vs. the industry median of 44.15, Showangyo 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,890 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. Showangyo Co's current Days Payable of 33.69 is 23.7% 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 Showangyo Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Showangyo Co's current Days Payable is 33.69, which is 17% below median its own 10-year median of 40.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showangyo Co stock overvalued right now?
Based on GuruFocus' analysis, Showangyo Co (TSE:2004) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,030.25, compared to a current price of 円3,465.00 — trading 14.3% above its estimated fair value. The current Days Payable is 33.69, which is 17% below median its 10-year median of 40.50 and 23.7% below the Consumer Packaged Goods industry median of 44.15. Showangyo Co's overall GF Score™ is 68/100 with 5 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 Showangyo Co (TSE:2004), the current Days Payable is 33.69 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 Showangyo Co (TSE:2004) Overvalued in 2026?

Based on GuruFocus' analysis, Showangyo Co stock appears to be overvalued. The current stock price of 円3,465.00 is trading 14.3% above its estimated GF Value™ of 円3,030.25. GuruFocus considers Showangyo Co to be Modestly Overvalued.

Key valuation signals for TSE:2004:

  • Days Payable: 33.69 (17% below median its 10-year median of 40.50)
  • GF Value™: 円3,030.25 vs. price of 円3,465.00 (14.3% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 23.7% below the Consumer Packaged Goods median (#1283 of 1890)

No single metric tells the full story. See the TSE:2004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Showangyo Co Business Description

Address Kamakuragashi Building, 2-2-1,Uchikanda, Chiyoda-ku, Tokyo, JPN, 101-8521
Showa Sangyo Co Ltd is a comprehensive food manufacturer that operates businesses in flour milling, vegetable oils, starches, sweeteners, and other food items. Based out of Asia, it processes imported raw materials to make seasonings, beverages, frozen foods, and other ready-to-eat products. The products are distributed to retailers and other wholesalers to help provide a diversified reach. Additional sources of income come from warehousing and real estate. It owns large silos to store grain for internal use and to supply other manufacturers. The real estate division develops commercial facilities and leases office buildings and acreage.
68GF Score

Get the complete analysis for TSE:2004

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

円3,465.00
Price
円3,030.25
GF Value