* 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.
Shindengen Electric Manufacturing Co Days Payable Chart
For the Electronic Components subindustry, Shindengen Electric Manufacturing 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.
Shindengen Electric Manufacturing Co Days Payable vs Hardware Industry
Shindengen Electric Manufacturing 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.
* 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.
Shindengen Electric Manufacturing Co (TSE:6844) has a Days Payable of 50.04 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 Shindengen Electric Manufacturing Co and its competitors. This is 31% below median its historical median of 72.67. Over the past decade, Shindengen Electric Manufacturing Co's Days Payable has ranged from 52.56 to 80.75. According to the industry distribution chart, Shindengen Electric Manufacturing Co ranks #1605 out of 2436 companies in the Hardware industry, placing it in the top 65.9%.
Is Shindengen Electric Manufacturing Co's Days Payable too high?
Shindengen Electric Manufacturing Co's current Days Payable of 50.04 is 31% below median its 10-year median of 72.67. Over the past 10 years, this metric has ranged from a low of 52.56 to a high of 80.75. The Hardware industry median Days Payable is 69.91. Shindengen Electric Manufacturing Co's value of 50.04 is 28.4% below this industry median. Based on the distribution chart, Shindengen Electric Manufacturing Co ranks #1605 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Shindengen Electric Manufacturing Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shindengen Electric Manufacturing Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Shindengen Electric Manufacturing Co ranks #1605 out of 2436 companies for Days Payable. This places Shindengen Electric Manufacturing Co in the lower half of its industry. The industry median Days Payable is 69.91. Shindengen Electric Manufacturing Co's value of 50.04 is 28.4% below this benchmark. Historically, Shindengen Electric Manufacturing Co's own Days Payable has ranged from 52.56 to 80.75 over the past decade. While the company's 10-year median is 72.67 vs. the industry median of 69.91, Shindengen Electric Manufacturing 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 Hardware company?
The median Days Payable among Hardware companies is 69.91, based on 2,436 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. Shindengen Electric Manufacturing Co's current Days Payable of 50.04 is 28.4% 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 Shindengen Electric Manufacturing Co and its competitors. For the Hardware industry, the median Days Payable is 69.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shindengen Electric Manufacturing Co's current Days Payable is 50.04, which is 31% below median its own 10-year median of 72.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shindengen Electric Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Shindengen Electric Manufacturing Co (TSE:6844) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,367.07, compared to a current price of 円3,890.00 — trading 15.5% above its estimated fair value. The current Days Payable is 50.04, which is 31% below median its 10-year median of 72.67 and 28.4% below the Hardware industry median of 69.91. Shindengen Electric Manufacturing Co's overall GF Score™ is 75/100 with 6 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 Shindengen Electric Manufacturing Co (TSE:6844), the current Days Payable is 50.04 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 Shindengen Electric Manufacturing Co (TSE:6844) Overvalued in 2026?
Based on GuruFocus' analysis, Shindengen Electric Manufacturing Co stock appears to be overvalued.
The current stock price of 円3,890.00 is trading 15.5% above its estimated GF Value™ of 円3,367.07.
GuruFocus considers Shindengen Electric Manufacturing Co to be Modestly Overvalued.
Key valuation signals for TSE:6844:
Days Payable: 50.04 (31% below median its 10-year median of 72.67)
GF Value™: 円3,367.07 vs. price of 円3,890.00 (15.5% above fair value)
Industry Position: 28.4% below the Hardware median (#1605 of 2436)
No single metric tells the full story. See the TSE:6844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shindengen Electric Manufacturing Co Business Description
Shindengen Electric Manufacturing Co Ltd is an electronics manufacturer that develops, manufactures and sells high-efficiency, low-noise semiconductors as well as car electronics and power system products. The company's business is organized into three reportable segments: Device business, Car Electronics business and Next Generation Energy business. It earns majority of the revenue from Car Electronics business. Shindengen has its operations in Japan, Indonesia, Asia, and other areas.
75GF Score
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