Shoei Co (TSE:7839) Days Payable: 29.56 (As of Mar. 2026) — 27% Above Median


TSE:7839 Shoei Co Ltd TSE:7839
99 GF Score
Price 円1,814.00
GF Value 円1,979.58
Valuation Fairly Valued
! 1 Warning Sign
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What is Shoei Co Days Payable?

Shoei Co TSE:7839 -0.77% 99 Days Payable is 29.56 as of Mar. 2026, which is 27% above its 10-year median of 23.20. GuruFocus rates TSE:7839 with a GF Score™ of 99/100 and a GF Value™ of 円1,979.58 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, Shoei Co ranks worse than 83% on this metric.

Shoei Co's average Accounts Payable for the three months ended in Mar. 2026 was 円1,145 Mil. Shoei Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円3,536 Mil. Hence, Shoei Co's Days Payable for the three months ended in Mar. 2026 was 29.56.

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

TSE:7839' s Days Payable Range Over the Past 10 Years
Min: 15.34   Med: 23.2   Max: 34.76
Current: 23.13

During the past 13 years, Shoei Co's highest Days Payable was 34.76. The lowest was 15.34. And the median was 23.20.

TSE:7839's Days Payable is ranked worse than
83% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.945 vs TSE:7839: 23.13

Shoei Co's Days Payable increased from Mar. 2025 (29.20) to Mar. 2026 (29.56). It may suggest that Shoei Co delayed paying its suppliers.


Shoei Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shoei Co'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.

Shoei Co Days Payable Chart

Shoei Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.90 23.98 18.24 15.34 22.73

Shoei Co 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 29.20 22.31 15.48 17.90 29.56

TSE:7839 vs NKE, DECK, ONON: Days Payable Comparison

For the Footwear & Accessories subindustry, Shoei 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.


Shoei Co Days Payable vs Manufacturing - Apparel & Accessories Industry

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

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


TSE:7839
99GF Score
Shoei Co Ltd TSE:7839
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoei 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.

Shoei Co's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1167.558 + 991.886) / 2 ) / 17339.729*365
=1079.722 / 17339.729*365
=22.73

Shoei Co'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
=( (580.886 + 1709.821) / 2 ) / 3535.518*365 / 4
=1145.3535 / 3535.518*365 / 4
=29.56

* 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 29.56 mean?
Shoei Co (TSE:7839) has a Days Payable of 29.56 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 Shoei Co and its competitors. This is 27% above median its historical median of 23.20. Over the past decade, Shoei Co's Days Payable has ranged from 15.34 to 34.76. According to the industry distribution chart, Shoei Co ranks #840 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 83%.
Is Shoei Co's Days Payable too high?
Shoei Co's current Days Payable of 29.56 is 27% above median its 10-year median of 23.20. Over the past 10 years, this metric has ranged from a low of 15.34 to a high of 34.76. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.95. Shoei Co's value of 29.56 is 45.2% below this industry median. Based on the distribution chart, Shoei Co ranks #840 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shoei Co has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoei Co's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shoei Co ranks #840 out of 1012 companies for Days Payable. This places Shoei Co in the lower half of its industry. The industry median Days Payable is 53.95. Shoei Co's value of 29.56 is 45.2% below this benchmark. Historically, Shoei Co's own Days Payable has ranged from 15.34 to 34.76 over the past decade. While the company's 10-year median is 23.20 vs. the industry median of 53.95, Shoei 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.95, based on 1,012 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. Shoei Co's current Days Payable of 29.56 is 45.2% 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 Shoei Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoei Co's current Days Payable is 29.56, which is 27% above median its own 10-year median of 23.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei Co stock overvalued right now?
Based on GuruFocus' analysis, Shoei Co (TSE:7839) is currently considered Fairly Valued. The stock's GF Value™ is 円1,979.58, compared to a current price of 円1,814.00 — trading 8.4% below its estimated fair value. The current Days Payable is 29.56, which is 27% above median its 10-year median of 23.20 and 45.2% below the Manufacturing - Apparel & Accessories industry median of 53.95. Shoei Co's overall GF Score™ is 99/100 with 1 warning sign 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 Shoei Co (TSE:7839), the current Days Payable is 29.56 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 Shoei Co (TSE:7839) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei Co stock appears to be undervalued. The current stock price of 円1,814.00 is trading 8.4% below its estimated GF Value™ of 円1,979.58. GuruFocus considers Shoei Co to be Fairly Valued.

Key valuation signals for TSE:7839:

  • Days Payable: 29.56 (27% above median its 10-year median of 23.20)
  • GF Value™: 円1,979.58 vs. price of 円1,814.00 (8.4% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 45.2% below the Manufacturing - Apparel & Accessories median (#840 of 1012)

No single metric tells the full story. See the TSE:7839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoei Co Business Description

Other Exchanges SHOFF:USA
Address 5-8-5 Ueno, Taito-ku, Tokyo, JPN, 110-0005
Shoei Co Ltd main business is the manufacture and sale of helmets for passengers. The items handled are helmets and related products and are designed for riding on general motorcycles. Geographically the company derives the majority of its revenue from Japan. The company also generates revenue from France, Germany, the United States, china, and other countries.
99GF Score

Get the complete analysis for TSE:7839

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

円1,814.00
Price
円1,979.58
GF Value