Shinobu Foods Products Co (TSE:2903) Days Payable: 32.15 (As of Mar. 2026) — Near Median

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TSE:2903 Shinobu Foods Products Co Ltd TSE:2903
69 GF Score
Price 円1,683.00
GF Value 円1,268.11
Valuation Significantly Overvalued
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What is Shinobu Foods Products Co Days Payable?

Shinobu Foods Products Co TSE:2903 +0.18% 69 Days Payable is 32.15 as of Mar. 2026, which is 2% below its 10-year median of 32.96. GuruFocus rates TSE:2903 with a GF Score™ of 69/100 and a GF Value™ of 円1,268.11 (Significantly Overvalued). Among 1,891 Consumer Packaged Goods companies, Shinobu Foods Products Co ranks worse than 67.21% on this metric.

Shinobu Foods Products Co's average Accounts Payable for the six months ended in Mar. 2026 was 円4,656 Mil. Shinobu Foods Products Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円26,432 Mil. Hence, Shinobu Foods Products Co's Days Payable for the six months ended in Mar. 2026 was 32.15.

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

TSE:2903' s Days Payable Range Over the Past 10 Years
Min: 31.2   Med: 32.96   Max: 42.6
Current: 31.66

During the past 13 years, Shinobu Foods Products Co's highest Days Payable was 42.60. The lowest was 31.20. And the median was 32.96.

TSE:2903's Days Payable is ranked worse than
67.21% of 1891 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs TSE:2903: 31.66

Shinobu Foods Products Co's Days Payable declined from Mar. 2025 (32.19) to Mar. 2026 (32.15). It may suggest that Shinobu Foods Products Co accelerated paying its suppliers.


Shinobu Foods Products Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shinobu Foods Products 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.

Shinobu Foods Products Co Days Payable Chart

Shinobu Foods Products 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 33.08 32.83 31.35 31.81 31.20

Shinobu Foods Products Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 32.74 31.47 32.19 31.63 32.15

TSE:2903 vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Shinobu Foods Products 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.


Shinobu Foods Products Co Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Shinobu Foods Products Co's Days Payable falls into.


TSE:2903
69GF Score
Shinobu Foods Products Co Ltd TSE:2903
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinobu Foods Products 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.

Shinobu Foods Products 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
=( (4471 + 4584) / 2 ) / 52973*365
=4527.5 / 52973*365
=31.20

Shinobu Foods Products 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (4728 + 4584) / 2 ) / 26432*365 / 2
=4656 / 26432*365 / 2
=32.15

* 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 32.15 mean?
Shinobu Foods Products Co (TSE:2903) has a Days Payable of 32.15 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 Shinobu Foods Products Co and its competitors. This is near median its historical median of 32.96. Over the past decade, Shinobu Foods Products Co's Days Payable has ranged from 31.20 to 42.60. According to the industry distribution chart, Shinobu Foods Products Co ranks #1271 out of 1891 companies in the Consumer Packaged Goods industry, placing it in the top 67.2%.
Is Shinobu Foods Products Co's Days Payable too high?
Shinobu Foods Products Co's current Days Payable of 32.15 is near median its 10-year median of 32.96. Over the past 10 years, this metric has ranged from a low of 31.20 to a high of 42.60. The Consumer Packaged Goods industry median Days Payable is 44.15. Shinobu Foods Products Co's value of 32.15 is 27.2% below this industry median. Based on the distribution chart, Shinobu Foods Products Co ranks #1271 out of 1891 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Shinobu Foods Products Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinobu Foods Products Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shinobu Foods Products Co ranks #1271 out of 1891 companies for Days Payable. This places Shinobu Foods Products Co in the lower half of its industry. The industry median Days Payable is 44.15. Shinobu Foods Products Co's value of 32.15 is 27.2% below this benchmark. Historically, Shinobu Foods Products Co's own Days Payable has ranged from 31.20 to 42.60 over the past decade. While the company's 10-year median is 32.96 vs. the industry median of 44.15, Shinobu Foods Products 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 1,891 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. Shinobu Foods Products Co's current Days Payable of 32.15 is 27.2% 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 Shinobu Foods Products 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. Shinobu Foods Products Co's current Days Payable is 32.15, which is near median its own 10-year median of 32.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinobu Foods Products Co stock overvalued right now?
Based on GuruFocus' analysis, Shinobu Foods Products Co (TSE:2903) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,268.11, compared to a current price of 円1,683.00 — trading 32.7% above its estimated fair value. The current Days Payable is 32.15, which is near median its 10-year median of 32.96 and 27.2% below the Consumer Packaged Goods industry median of 44.15. Shinobu Foods Products Co's overall GF Score™ is 69/100. 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 Shinobu Foods Products Co (TSE:2903), the current Days Payable is 32.15 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 Shinobu Foods Products Co (TSE:2903) Overvalued in 2026?

Based on GuruFocus' analysis, Shinobu Foods Products Co stock appears to be overvalued. The current stock price of 円1,683.00 is trading 32.7% above its estimated GF Value™ of 円1,268.11. GuruFocus considers Shinobu Foods Products Co to be Significantly Overvalued.

Key valuation signals for TSE:2903:

  • Days Payable: 32.15 (near median its 10-year median of 32.96)
  • GF Value™: 円1,268.11 vs. price of 円1,683.00 (32.7% above fair value)
  • GF Score™: 69/100
  • Industry Position: 27.2% below the Consumer Packaged Goods median (#1271 of 1891)

No single metric tells the full story. See the TSE:2903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinobu Foods Products Co Business Description

Address 2-3-18 Takeshima, Nishiyodogawa Ward, Osaka, JPN
Shinobu Foods Products Co Ltd is a Japanese food company. It offers processed food products. The product portfolio of the company includes Onigiri Q, Mckee bar, rice ball onigiri, fluffy rice ball, cabbage dinner meal box and others.
69GF Score

Get the complete analysis for TSE:2903

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

円1,683.00
Price
円1,268.11
GF Value