Sanei (TSE:6230) Days Payable: 23.34 (As of Mar. 2026) — 23% Below 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:6230 Sanei Ltd TSE:6230
78 GF Score
Price 円2,131.00
GF Value 円2,133.56
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Sanei Days Payable?

Sanei TSE:6230 +0.38% 78 Days Payable is 23.34 as of Mar. 2026, which is 23% below its 10-year median of 30.19. GuruFocus rates TSE:6230 with a GF Score™ of 78/100 and a GF Value™ of 円2,133.56 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,721 Construction companies, Sanei ranks worse than 90.47% on this metric.

Sanei's average Accounts Payable for the three months ended in Mar. 2026 was 円1,335 Mil. Sanei's Cost of Goods Sold for the three months ended in Mar. 2026 was 円5,220 Mil. Hence, Sanei's Days Payable for the three months ended in Mar. 2026 was 23.34.

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

TSE:6230' s Days Payable Range Over the Past 10 Years
Min: 23.2   Med: 30.19   Max: 93.79
Current: 27.17

During the past 9 years, Sanei's highest Days Payable was 93.79. The lowest was 23.20. And the median was 30.19.

TSE:6230's Days Payable is ranked worse than
90.47% of 1721 companies
in the Construction industry
Industry Median: 76.61 vs TSE:6230: 27.17

Sanei's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (23.34). It may suggest that Sanei delayed paying its suppliers.


Sanei Days Payable Historical Data

* Premium members only.

The historical data trend for Sanei'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.

Sanei Days Payable Chart

Sanei Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only 30.81 28.93 30.19 27.93 23.20

Sanei 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 28.14 29.42 27.34 23.34 25.11

TSE:6230 vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Sanei'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.


Sanei Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Sanei's Days Payable distribution charts can be found below:

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


TSE:6230
78GF Score
Sanei Ltd TSE:6230
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanei 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.

Sanei'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
=( (1479.612 + 1075.962) / 2 ) / 20100.852*365
=1277.787 / 20100.852*365
=23.20

Sanei'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
=( (1594.207 + 1075.962) / 2 ) / 5219.885*365 / 4
=1335.0845 / 5219.885*365 / 4
=23.34

* 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 23.34 mean?
Sanei (TSE:6230) has a Days Payable of 23.34 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 Sanei and its competitors. This is 23% below median its historical median of 30.19. Over the past decade, Sanei's Days Payable has ranged from 23.20 to 93.79. According to the industry distribution chart, Sanei ranks #1557 out of 1721 companies in the Construction industry, placing it in the top 90.5%.
Is Sanei's Days Payable too high?
Sanei's current Days Payable of 23.34 is 23% below median its 10-year median of 30.19. Over the past 10 years, this metric has ranged from a low of 23.20 to a high of 93.79. The Construction industry median Days Payable is 76.61. Sanei's value of 23.34 is 69.5% below this industry median. Based on the distribution chart, Sanei ranks #1557 out of 1721 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Sanei has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sanei's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Sanei ranks #1557 out of 1721 companies for Days Payable. This places Sanei in the lower half of its industry. The industry median Days Payable is 76.61. Sanei's value of 23.34 is 69.5% below this benchmark. Historically, Sanei's own Days Payable has ranged from 23.20 to 93.79 over the past decade. While the company's 10-year median is 30.19 vs. the industry median of 76.61, Sanei 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 76.61, based on 1,721 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. Sanei's current Days Payable of 23.34 is 69.5% 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 Sanei and its competitors. For the Construction industry, the median Days Payable is 76.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanei's current Days Payable is 23.34, which is 23% below median its own 10-year median of 30.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanei stock overvalued right now?
Based on GuruFocus' analysis, Sanei (TSE:6230) is currently considered Fairly Valued. The stock's GF Value™ is 円2,133.56, compared to a current price of 円2,131.00 — trading 0.1% below its estimated fair value. The current Days Payable is 23.34, which is 23% below median its 10-year median of 30.19 and 69.5% below the Construction industry median of 76.61. Sanei's overall GF Score™ is 78/100 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 Sanei (TSE:6230), the current Days Payable is 23.34 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 Sanei (TSE:6230) Overvalued in 2026?

Based on GuruFocus' analysis, Sanei stock appears to be undervalued. The current stock price of 円2,131.00 is trading 0.1% below its estimated GF Value™ of 円2,133.56. GuruFocus considers Sanei to be Fairly Valued.

Key valuation signals for TSE:6230:

  • Days Payable: 23.34 (23% below median its 10-year median of 30.19)
  • GF Value™: 円2,133.56 vs. price of 円2,131.00 (0.1% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 69.5% below the Construction median (#1557 of 1721)

No single metric tells the full story. See the TSE:6230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanei Business Description

Address Tamazu 1-12-29, Higashinari Ward, Osaka Prefecture, Osaka, JPN, 537-0023
Sanei Ltd is engaged in the manufacture and sale of plumbing equipment. The company's product portfolio includes mixed plug, single faucet, shower supplies, faucet parts, stopcock/valve, plumbing supplies, rainwater / medium water tank, drainage supplies, air-conditioning parts, washing machine supplies, toilet supplies, accessories, handrail, gardening, fire hydrant, tool, and maintenance supplies.
78GF Score

Get the complete analysis for TSE:6230

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

円2,131.00
Price
円2,133.56
GF Value