Shigematsu Works Co (TSE:7980) Days Payable: 21.88 (As of Mar. 2026) — 48% Below Median

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TSE:7980 Shigematsu Works Co Ltd TSE:7980
82 GF Score
Price 円848.00
GF Value 円967.88
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shigematsu Works Co Days Payable?

Shigematsu Works Co TSE:7980 +0.95% 82 Days Payable is 21.88 as of Mar. 2026, which is 48% below its 10-year median of 41.68. GuruFocus rates TSE:7980 with a GF Score™ of 82/100 and a GF Value™ of 円967.88 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 793 Medical Devices & Instruments companies, Shigematsu Works Co ranks worse than 87.89% on this metric.

Shigematsu Works Co's average Accounts Payable for the three months ended in Mar. 2026 was 円876 Mil. Shigematsu Works Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円3,651 Mil. Hence, Shigematsu Works Co's Days Payable for the three months ended in Mar. 2026 was 21.88.

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

TSE:7980' s Days Payable Range Over the Past 10 Years
Min: 26.01   Med: 41.68   Max: 90.02
Current: 26.42

During the past 13 years, Shigematsu Works Co's highest Days Payable was 90.02. The lowest was 26.01. And the median was 41.68.

TSE:7980's Days Payable is ranked worse than
87.89% of 793 companies
in the Medical Devices & Instruments industry
Industry Median: 68.47 vs TSE:7980: 26.42

Shigematsu Works Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (21.88). It may suggest that Shigematsu Works Co delayed paying its suppliers.


Shigematsu Works Co Days Payable Historical Data

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The historical data trend for Shigematsu Works 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.

Shigematsu Works Co Days Payable Chart

Shigematsu Works Co 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 43.72 43.45 46.21 33.66 26.01

Shigematsu Works Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 29.27 27.75 27.46 21.88 33.84

TSE:7980 vs ISRG, BDX, MDLN: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Shigematsu Works 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.


Shigematsu Works Co Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shigematsu Works Co's Days Payable distribution charts can be found below:

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


TSE:7980
82GF Score
Shigematsu Works Co Ltd TSE:7980
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shigematsu Works 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.

Shigematsu Works Co'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
=( (672.819 + 892.643) / 2 ) / 10983.581*365
=782.731 / 10983.581*365
=26.01

Shigematsu Works 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
=( (858.428 + 892.643) / 2 ) / 3651.043*365 / 4
=875.5355 / 3651.043*365 / 4
=21.88

* 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 21.88 mean?
Shigematsu Works Co (TSE:7980) has a Days Payable of 21.88 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 Shigematsu Works Co and its competitors. This is 48% below median its historical median of 41.68. Over the past decade, Shigematsu Works Co's Days Payable has ranged from 26.01 to 90.02. According to the industry distribution chart, Shigematsu Works Co ranks #697 out of 793 companies in the Medical Devices & Instruments industry, placing it in the top 87.9%.
Is Shigematsu Works Co's Days Payable too high?
Shigematsu Works Co's current Days Payable of 21.88 is 48% below median its 10-year median of 41.68. Over the past 10 years, this metric has ranged from a low of 26.01 to a high of 90.02. The Medical Devices & Instruments industry median Days Payable is 68.47. Shigematsu Works Co's value of 21.88 is 68% below this industry median. Based on the distribution chart, Shigematsu Works Co ranks #697 out of 793 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Shigematsu Works Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shigematsu Works Co's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Shigematsu Works Co ranks #697 out of 793 companies for Days Payable. This places Shigematsu Works Co in the lower half of its industry. The industry median Days Payable is 68.47. Shigematsu Works Co's value of 21.88 is 68% below this benchmark. Historically, Shigematsu Works Co's own Days Payable has ranged from 26.01 to 90.02 over the past decade. While the company's 10-year median is 41.68 vs. the industry median of 68.47, Shigematsu Works 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.47, based on 793 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. Shigematsu Works Co's current Days Payable of 21.88 is 68% 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 Shigematsu Works Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shigematsu Works Co's current Days Payable is 21.88, which is 48% below median its own 10-year median of 41.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shigematsu Works Co stock overvalued right now?
Based on GuruFocus' analysis, Shigematsu Works Co (TSE:7980) is currently considered Modestly Undervalued. The stock's GF Value™ is 円967.88, compared to a current price of 円848.00 — trading 12.4% below its estimated fair value. The current Days Payable is 21.88, which is 48% below median its 10-year median of 41.68 and 68% below the Medical Devices & Instruments industry median of 68.47. Shigematsu Works Co's overall GF Score™ is 82/100 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 Shigematsu Works Co (TSE:7980), the current Days Payable is 21.88 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 Shigematsu Works Co (TSE:7980) Overvalued in 2026?

Based on GuruFocus' analysis, Shigematsu Works Co stock appears to be undervalued. The current stock price of 円848.00 is trading 12.4% below its estimated GF Value™ of 円967.88. GuruFocus considers Shigematsu Works Co to be Modestly Undervalued.

Key valuation signals for TSE:7980:

  • Days Payable: 21.88 (48% below median its 10-year median of 41.68)
  • GF Value™: 円967.88 vs. price of 円848.00 (12.4% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 68% below the Medical Devices & Instruments median (#697 of 793)

No single metric tells the full story. See the TSE:7980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shigematsu Works Co Business Description

Address 1-26-1, Nishigahara, Kita-ku, Tokyo, JPN, 114 0024
Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.
82GF Score

Get the complete analysis for TSE:7980

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

円848.00
Price
円967.88
GF Value