Shinko Shoji Co (TSE:8141) Days Payable: 45.34 (As of Mar. 2026) — Near Median


TSE:8141 Shinko Shoji Co Ltd TSE:8141
58 GF Score
Price 円1,587.00
GF Value 円731.57
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Shinko Shoji Co Days Payable?

Shinko Shoji Co TSE:8141 -0.06% 58 Days Payable is 45.34 as of Mar. 2026, which is 2% above its 10-year median of 44.49. GuruFocus rates TSE:8141 with a GF Score™ of 58/100 and a GF Value™ of 円731.57 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,436 Hardware companies, Shinko Shoji Co ranks worse than 70.61% on this metric.

Shinko Shoji Co's average Accounts Payable for the three months ended in Mar. 2026 was 円12,763 Mil. Shinko Shoji Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円25,689 Mil. Hence, Shinko Shoji Co's Days Payable for the three months ended in Mar. 2026 was 45.34.

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

TSE:8141' s Days Payable Range Over the Past 10 Years
Min: 36.71   Med: 44.49   Max: 52.12
Current: 47.33

During the past 13 years, Shinko Shoji Co's highest Days Payable was 52.12. The lowest was 36.71. And the median was 44.49.

TSE:8141's Days Payable is ranked worse than
70.61% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs TSE:8141: 47.33

Shinko Shoji Co's Days Payable increased from Mar. 2025 (43.13) to Mar. 2026 (45.34). It may suggest that Shinko Shoji Co delayed paying its suppliers.


Shinko Shoji Co Days Payable Historical Data

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The historical data trend for Shinko Shoji 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.

Shinko Shoji Co Days Payable Chart

Shinko Shoji 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 42.38 37.59 36.71 45.68 48.13

Shinko Shoji 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 43.13 49.46 45.82 48.42 45.34

TSE:8141 vs SNX, ARW, AVT: Days Payable Comparison

For the Electronics & Computer Distribution subindustry, Shinko Shoji 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.


Shinko Shoji Co Days Payable vs Hardware Industry

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

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


TSE:8141
58GF Score
Shinko Shoji Co Ltd TSE:8141
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinko Shoji 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.

Shinko Shoji 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
=( (10369 + 13011) / 2 ) / 88648*365
=11690 / 88648*365
=48.13

Shinko Shoji 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
=( (12515 + 13011) / 2 ) / 25689*365 / 4
=12763 / 25689*365 / 4
=45.34

* 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 45.34 mean?
Shinko Shoji Co (TSE:8141) has a Days Payable of 45.34 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 Shinko Shoji Co and its competitors. This is near median its historical median of 44.49. Over the past decade, Shinko Shoji Co's Days Payable has ranged from 36.71 to 52.12. According to the industry distribution chart, Shinko Shoji Co ranks #1720 out of 2436 companies in the Hardware industry, placing it in the top 70.6%.
Is Shinko Shoji Co's Days Payable too high?
Shinko Shoji Co's current Days Payable of 45.34 is near median its 10-year median of 44.49. Over the past 10 years, this metric has ranged from a low of 36.71 to a high of 52.12. The Hardware industry median Days Payable is 69.89. Shinko Shoji Co's value of 45.34 is 35.1% below this industry median. Based on the distribution chart, Shinko Shoji Co ranks #1720 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Shinko Shoji Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinko Shoji Co's Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Shinko Shoji Co ranks #1720 out of 2436 companies for Days Payable. This places Shinko Shoji Co in the lower half of its industry. The industry median Days Payable is 69.89. Shinko Shoji Co's value of 45.34 is 35.1% below this benchmark. Historically, Shinko Shoji Co's own Days Payable has ranged from 36.71 to 52.12 over the past decade. While the company's 10-year median is 44.49 vs. the industry median of 69.89, Shinko Shoji 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 69.89, 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. Shinko Shoji Co's current Days Payable of 45.34 is 35.1% 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 Shoji Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinko Shoji Co's current Days Payable is 45.34, which is near median its own 10-year median of 44.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinko Shoji Co stock overvalued right now?
Based on GuruFocus' analysis, Shinko Shoji Co (TSE:8141) is currently considered Significantly Overvalued. The stock's GF Value™ is 円731.57, compared to a current price of 円1,587.00 — trading 116.9% above its estimated fair value. The current Days Payable is 45.34, which is near median its 10-year median of 44.49 and 35.1% below the Hardware industry median of 69.89. Shinko Shoji Co's overall GF Score™ is 58/100 with 8 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 Shoji Co (TSE:8141), the current Days Payable is 45.34 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 Shinko Shoji Co (TSE:8141) Overvalued in 2026?

Based on GuruFocus' analysis, Shinko Shoji Co stock appears to be overvalued. The current stock price of 円1,587.00 is trading 116.9% above its estimated GF Value™ of 円731.57. GuruFocus considers Shinko Shoji Co to be Significantly Overvalued.

Key valuation signals for TSE:8141:

  • Days Payable: 45.34 (near median its 10-year median of 44.49)
  • GF Value™: 円731.57 vs. price of 円1,587.00 (116.9% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 35.1% below the Hardware median (#1720 of 2436)

No single metric tells the full story. See the TSE:8141 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinko Shoji Co Business Description

Other Exchanges SKSJF:USA
Address Art Village Osaki Central Tower13F, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8540
Shinko Shoji Co Ltd is engaged in the sale, import and export of electronic components & assembly products which includes memory products, microcomputers, system large scale integrations, semiconductors, capacitors, ferrite cores & color liquid crystals.
58GF Score

Get the complete analysis for TSE:8141

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

円1,587.00
Price
円731.57
GF Value