Shinko (TSE:7120) Days Payable: 30.76 (As of Mar. 2026) — 18% Below Median

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TSE:7120 Shinko Inc TSE:7120
85 GF Score
Price 円1,092.00
GF Value 円1,029.93
Valuation Fairly Valued
! 3 Warning Signs
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What is Shinko Days Payable?

Shinko TSE:7120 +2.15% 85 Days Payable is 30.76 as of Mar. 2026, which is 18% below its 10-year median of 37.44. GuruFocus rates TSE:7120 with a GF Score™ of 85/100 and a GF Value™ of 円1,029.93 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,603 Software companies, Shinko ranks worse than 64.2% on this metric.

Shinko's average Accounts Payable for the six months ended in Mar. 2026 was 円1,495 Mil. Shinko's Cost of Goods Sold for the six months ended in Mar. 2026 was 円8,867 Mil. Hence, Shinko's Days Payable for the six months ended in Mar. 2026 was 30.76.

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

TSE:7120' s Days Payable Range Over the Past 10 Years
Min: 34.21   Med: 37.44   Max: 40.56
Current: 34.21

During the past 6 years, Shinko's highest Days Payable was 40.56. The lowest was 34.21. And the median was 37.44.

TSE:7120's Days Payable is ranked worse than
64.2% of 2603 companies
in the Software industry
Industry Median: 52.78 vs TSE:7120: 34.21

Shinko's Days Payable increased from Mar. 2025 (26.11) to Mar. 2026 (30.76). It may suggest that Shinko delayed paying its suppliers.


Shinko Days Payable Historical Data

* Premium members only.

The historical data trend for Shinko'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.

Shinko Days Payable Chart

Shinko Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 40.56 38.38 37.10 35.29 37.29

Shinko Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 29.98 33.87 26.11 35.49 30.76

TSE:7120 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Shinko'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.


Shinko Days Payable vs Software Industry

For the Software industry and Technology sector, Shinko's Days Payable distribution charts can be found below:

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


TSE:7120
85GF Score
Shinko Inc TSE:7120
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinko 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.

Shinko'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
=( (1195.151 + 1845.412) / 2 ) / 14881.363*365
=1520.2815 / 14881.363*365
=37.29

Shinko'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
=( (1143.692 + 1845.412) / 2 ) / 8867.34*365 / 2
=1494.552 / 8867.34*365 / 2
=30.76

* 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 30.76 mean?
Shinko (TSE:7120) has a Days Payable of 30.76 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 Shinko and its competitors. This is 18% below median its historical median of 37.44. Over the past decade, Shinko's Days Payable has ranged from 34.21 to 40.56. According to the industry distribution chart, Shinko ranks #1671 out of 2603 companies in the Software industry, placing it in the top 64.2%.
Is Shinko's Days Payable too high?
Shinko's current Days Payable of 30.76 is 18% below median its 10-year median of 37.44. Over the past 10 years, this metric has ranged from a low of 34.21 to a high of 40.56. The Software industry median Days Payable is 52.78. Shinko's value of 30.76 is 41.7% below this industry median. Based on the distribution chart, Shinko ranks #1671 out of 2603 companies in the Software industry, which is below the industry midpoint. Overall, Shinko has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinko's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Shinko ranks #1671 out of 2603 companies for Days Payable. This places Shinko in the lower half of its industry. The industry median Days Payable is 52.78. Shinko's value of 30.76 is 41.7% below this benchmark. Historically, Shinko's own Days Payable has ranged from 34.21 to 40.56 over the past decade. While the company's 10-year median is 37.44 vs. the industry median of 52.78, Shinko 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 Software company?
The median Days Payable among Software companies is 52.78, based on 2,603 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. Shinko's current Days Payable of 30.76 is 41.7% 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 Shinko and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinko's current Days Payable is 30.76, which is 18% below median its own 10-year median of 37.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinko stock overvalued right now?
Based on GuruFocus' analysis, Shinko (TSE:7120) is currently considered Fairly Valued. The stock's GF Value™ is 円1,029.93, compared to a current price of 円1,092.00 — trading 6% above its estimated fair value. The current Days Payable is 30.76, which is 18% below median its 10-year median of 37.44 and 41.7% below the Software industry median of 52.78. Shinko's overall GF Score™ is 85/100 with 3 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 Shinko (TSE:7120), the current Days Payable is 30.76 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 Shinko (TSE:7120) Overvalued in 2026?

Based on GuruFocus' analysis, Shinko stock appears to be overvalued. The current stock price of 円1,092.00 is trading 6% above its estimated GF Value™ of 円1,029.93. GuruFocus considers Shinko to be Fairly Valued.

Key valuation signals for TSE:7120:

  • Days Payable: 30.76 (18% below median its 10-year median of 37.44)
  • GF Value™: 円1,029.93 vs. price of 円1,092.00 (6% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 41.7% below the Software median (#1671 of 2603)

No single metric tells the full story. See the TSE:7120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinko Business Description

Address 8F CS Tower, 5-20-8 Asakusabashi, Taito-ku, Tokyo, JPN, 111-0053
Shinko Inc is engaged in providing maintenance services for IT equipment and Staffing services. The company's services and products include; Maintenance services, human resource services, Introduction design and installation development services, and Network security-related products. The Maintenance services include Onsite maintenance service, Help desk service, Remote monitoring service, and call center service. The human resource services include an Engineer dispatch service and a Business contract. The Introduction design and installation development services include Network design and construction, Wireless environment construction, and Communication system construction.
85GF Score

Get the complete analysis for TSE:7120

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

円1,092.00
Price
円1,029.93
GF Value