Shikibo (TSE:3109) Days Payable: 30.24 (As of Mar. 2026) — 34% Below Median


TSE:3109 Shikibo Ltd TSE:3109
56 GF Score
Price 円1,032.00
GF Value 円1,141.70
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Shikibo Days Payable?

Shikibo TSE:3109 +0.29% 56 Days Payable is 30.24 as of Mar. 2026, which is 34% below its 10-year median of 45.75. GuruFocus rates TSE:3109 with a GF Score™ of 56/100 and a GF Value™ of 円1,141.70 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Shikibo ranks worse than 72.06% on this metric.

Shikibo's average Accounts Payable for the three months ended in Mar. 2026 was 円4,222 Mil. Shikibo's Cost of Goods Sold for the three months ended in Mar. 2026 was 円12,738 Mil. Hence, Shikibo's Days Payable for the three months ended in Mar. 2026 was 30.24.

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

TSE:3109' s Days Payable Range Over the Past 10 Years
Min: 32.79   Med: 45.75   Max: 55.34
Current: 32.79

During the past 13 years, Shikibo's highest Days Payable was 55.34. The lowest was 32.79. And the median was 45.75.

TSE:3109's Days Payable is ranked worse than
72.06% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99 vs TSE:3109: 32.79

Shikibo's Days Payable declined from Mar. 2025 (30.82) to Mar. 2026 (30.24). It may suggest that Shikibo accelerated paying its suppliers.


Shikibo Days Payable Historical Data

* Premium members only.

The historical data trend for Shikibo'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.

Shikibo Days Payable Chart

Shikibo 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 40.32 37.03 35.77 32.92 41.96

Shikibo 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 30.82 32.46 29.27 30.31 30.24

Shikibo Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Shikibo'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.


Shikibo Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shikibo's Days Payable distribution charts can be found below:

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


TSE:3109
56GF Score
Shikibo Ltd TSE:3109
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shikibo 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.

Shikibo'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
=( (2772 + 5713) / 2 ) / 36908*365
=4242.5 / 36908*365
=41.96

Shikibo'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
=( (2731 + 5713) / 2 ) / 12738*365 / 4
=4222 / 12738*365 / 4
=30.24

* 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 30.24 mean?
Shikibo (TSE:3109) has a Days Payable of 30.24 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 Shikibo and its competitors. This is 34% below median its historical median of 45.75. Over the past decade, Shikibo's Days Payable has ranged from 32.79 to 55.34. According to the industry distribution chart, Shikibo ranks #730 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 72.1%.
Is Shikibo's Days Payable too high?
Shikibo's current Days Payable of 30.24 is 34% below median its 10-year median of 45.75. Over the past 10 years, this metric has ranged from a low of 32.79 to a high of 55.34. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. Shikibo's value of 30.24 is 44% below this industry median. Based on the distribution chart, Shikibo ranks #730 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shikibo has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shikibo's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shikibo ranks #730 out of 1013 companies for Days Payable. This places Shikibo in the lower half of its industry. The industry median Days Payable is 53.99. Shikibo's value of 30.24 is 44% below this benchmark. Historically, Shikibo's own Days Payable has ranged from 32.79 to 55.34 over the past decade. While the company's 10-year median is 45.75 vs. the industry median of 53.99, Shikibo 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.99, based on 1,013 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. Shikibo's current Days Payable of 30.24 is 44% 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 Shikibo and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shikibo's current Days Payable is 30.24, which is 34% below median its own 10-year median of 45.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shikibo stock overvalued right now?
Based on GuruFocus' analysis, Shikibo (TSE:3109) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,141.70, compared to a current price of 円1,032.00 — trading 9.6% below its estimated fair value. The current Days Payable is 30.24, which is 34% below median its 10-year median of 45.75 and 44% below the Manufacturing - Apparel & Accessories industry median of 53.99. Shikibo's overall GF Score™ is 56/100 with 8 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 Shikibo (TSE:3109), the current Days Payable is 30.24 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 Shikibo (TSE:3109) Overvalued in 2026?

Based on GuruFocus' analysis, Shikibo stock appears to be undervalued. The current stock price of 円1,032.00 is trading 9.6% below its estimated GF Value™ of 円1,141.70. GuruFocus considers Shikibo to be Modestly Undervalued.

Key valuation signals for TSE:3109:

  • Days Payable: 30.24 (34% below median its 10-year median of 45.75)
  • GF Value™: 円1,141.70 vs. price of 円1,032.00 (9.6% below fair value)
  • GF Score™: 56/100 with 8 warning signs
  • Industry Position: 44% below the Manufacturing - Apparel & Accessories median (#730 of 1013)

No single metric tells the full story. See the TSE:3109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shikibo Business Description

Address 2-6 Bingomachi, 3-Chome Chuo-ku, Osaka, JPN, 541-0051
Shikibo Ltd is engaged in manufacturing, processing, and marketing of textile products such as yarns, textured yarns, knit materials and products, along with chemical industry products namely food additives, industrial adhesive, and others. The company's operating divisions are Textile, Industrial Materials, Functional Materials, and Real Estate Business.
56GF Score

Get the complete analysis for TSE:3109

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

円1,032.00
Price
円1,141.70
GF Value