Shinyei Kaisha (TSE:3004) Days Payable: 22.02 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3004 Shinyei Kaisha TSE:3004
52 GF Score
Price 円2,082.00
GF Value 円1,892.78
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Shinyei Kaisha Days Payable?

Shinyei Kaisha TSE:3004 -0.62% 52 Days Payable is 22.02 as of Mar. 2026, which is 2% below its 10-year median of 22.55. GuruFocus rates TSE:3004 with a GF Score™ of 52/100 and a GF Value™ of 円1,892.78 (Fairly Valued). The stock has 2 warning signs investors should review. Among 497 Conglomerates companies, Shinyei Kaisha ranks worse than 91.95% on this metric.

Shinyei Kaisha's average Accounts Payable for the three months ended in Mar. 2026 was 円2,006 Mil. Shinyei Kaisha's Cost of Goods Sold for the three months ended in Mar. 2026 was 円8,311 Mil. Hence, Shinyei Kaisha's Days Payable for the three months ended in Mar. 2026 was 22.02.

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

TSE:3004' s Days Payable Range Over the Past 10 Years
Min: 17.96   Med: 22.55   Max: 24.68
Current: 17.96

During the past 13 years, Shinyei Kaisha's highest Days Payable was 24.68. The lowest was 17.96. And the median was 22.55.

TSE:3004's Days Payable is ranked worse than
91.95% of 497 companies
in the Conglomerates industry
Industry Median: 55.34 vs TSE:3004: 17.96

Shinyei Kaisha's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (22.02). It may suggest that Shinyei Kaisha delayed paying its suppliers.


Shinyei Kaisha Days Payable Historical Data

* Premium members only.

The historical data trend for Shinyei Kaisha'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.

Shinyei Kaisha Days Payable Chart

Shinyei Kaisha 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 24.68 23.20 21.34 22.54 21.51

Shinyei Kaisha Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 17.87 16.83 19.18 22.02 17.91

TSE:3004 vs MMM, HON: Days Payable Comparison

For the Conglomerates subindustry, Shinyei Kaisha'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.


Shinyei Kaisha Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shinyei Kaisha's Days Payable distribution charts can be found below:

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


TSE:3004
52GF Score
Shinyei Kaisha TSE:3004
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinyei Kaisha 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.

Shinyei Kaisha'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
=( (1987 + 2060) / 2 ) / 34335*365
=2023.5 / 34335*365
=21.51

Shinyei Kaisha'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
=( (1952 + 2060) / 2 ) / 8311*365 / 4
=2006 / 8311*365 / 4
=22.02

* 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 22.02 mean?
Shinyei Kaisha (TSE:3004) has a Days Payable of 22.02 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 Shinyei Kaisha and its competitors. This is near median its historical median of 22.55. Over the past decade, Shinyei Kaisha's Days Payable has ranged from 17.96 to 24.68. According to the industry distribution chart, Shinyei Kaisha ranks #457 out of 497 companies in the Conglomerates industry, placing it in the top 92%.
Is Shinyei Kaisha's Days Payable too high?
Shinyei Kaisha's current Days Payable of 22.02 is near median its 10-year median of 22.55. Over the past 10 years, this metric has ranged from a low of 17.96 to a high of 24.68. The Conglomerates industry median Days Payable is 55.34. Shinyei Kaisha's value of 22.02 is 60.2% below this industry median. Based on the distribution chart, Shinyei Kaisha ranks #457 out of 497 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Shinyei Kaisha has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinyei Kaisha's Days Payable compare to MMM and HON?
According to the Conglomerates industry distribution chart, Shinyei Kaisha ranks #457 out of 497 companies for Days Payable. This places Shinyei Kaisha in the lower half of its industry. The industry median Days Payable is 55.34. Shinyei Kaisha's value of 22.02 is 60.2% below this benchmark. Historically, Shinyei Kaisha's own Days Payable has ranged from 17.96 to 24.68 over the past decade. While the company's 10-year median is 22.55 vs. the industry median of 55.34, Shinyei Kaisha 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.34, based on 497 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. Shinyei Kaisha's current Days Payable of 22.02 is 60.2% 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 Shinyei Kaisha and its competitors. For the Conglomerates industry, the median Days Payable is 55.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinyei Kaisha's current Days Payable is 22.02, which is near median its own 10-year median of 22.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinyei Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Shinyei Kaisha (TSE:3004) is currently considered Fairly Valued. The stock's GF Value™ is 円1,892.78, compared to a current price of 円2,082.00 — trading 10% above its estimated fair value. The current Days Payable is 22.02, which is near median its 10-year median of 22.55 and 60.2% below the Conglomerates industry median of 55.34. Shinyei Kaisha's overall GF Score™ is 52/100 with 2 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 Shinyei Kaisha (TSE:3004), the current Days Payable is 22.02 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 Shinyei Kaisha (TSE:3004) Overvalued in 2026?

Based on GuruFocus' analysis, Shinyei Kaisha stock appears to be overvalued. The current stock price of 円2,082.00 is trading 10% above its estimated GF Value™ of 円1,892.78. GuruFocus considers Shinyei Kaisha to be Fairly Valued.

Key valuation signals for TSE:3004:

  • Days Payable: 22.02 (near median its 10-year median of 22.55)
  • GF Value™: 円1,892.78 vs. price of 円2,082.00 (10% above fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 60.2% below the Conglomerates median (#457 of 497)

No single metric tells the full story. See the TSE:3004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinyei Kaisha Business Description

Address 77-1 Kyomachi, Chuo-ku, Kobe, JPN, 651-0178
Shinyei Kaisha is engaged in the wholesale and retail of textiles, electronics, foodstuffs, and industrial materials in Japan. The company is involved in the retail sale of apparel and fashion accessories. In addition, it procures, processes, and exports frozen and fresh vegetables, frozen processed foods, and frozen marine products; and peanuts and nuts, spices, and additives.
52GF Score

Get the complete analysis for TSE:3004

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

円2,082.00
Price
円1,892.78
GF Value