Skymark Airlines (TSE:9204) Days Payable: 16.18 (As of Mar. 2026) — Near Median

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TSE:9204 Skymark Airlines Inc TSE:9204
59 GF Score
Price 円415.00
GF Value 円669.56
Valuation Possible Value Trap
! 5 Warning Signs
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What is Skymark Airlines Days Payable?

Skymark Airlines TSE:9204 -0.24% 59 Days Payable is 16.18 as of Mar. 2026, which is 0% below its 10-year median of 16.26. GuruFocus rates TSE:9204 with a GF Score™ of 59/100 and a GF Value™ of 円669.56 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 968 Transportation companies, Skymark Airlines ranks worse than 87.19% on this metric.

Skymark Airlines's average Accounts Payable for the three months ended in Mar. 2026 was 円4,304 Mil. Skymark Airlines's Cost of Goods Sold for the three months ended in Mar. 2026 was 円24,264 Mil. Hence, Skymark Airlines's Days Payable for the three months ended in Mar. 2026 was 16.18.

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

TSE:9204' s Days Payable Range Over the Past 10 Years
Min: 13.61   Med: 16.26   Max: 37.48
Current: 15.25

During the past 13 years, Skymark Airlines's highest Days Payable was 37.48. The lowest was 13.61. And the median was 16.26.

TSE:9204's Days Payable is ranked worse than
87.19% of 968 companies
in the Transportation industry
Industry Median: 38.62 vs TSE:9204: 15.25

Skymark Airlines's Days Payable increased from Mar. 2025 (12.89) to Mar. 2026 (16.18). It may suggest that Skymark Airlines delayed paying its suppliers.


Skymark Airlines Days Payable Historical Data

* Premium members only.

The historical data trend for Skymark Airlines'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.

Skymark Airlines Days Payable Chart

Skymark Airlines Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.48 24.84 16.01 14.31 14.70

Skymark Airlines Quarterly Data
Sep14 Dec14 Mar15 Mar21 Mar22 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 12.89 16.82 15.02 13.79 16.18

TSE:9204 vs JOBY: Days Payable Comparison

For the Airports & Air Services subindustry, Skymark Airlines'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.


Skymark Airlines Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Skymark Airlines's Days Payable distribution charts can be found below:

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


TSE:9204
59GF Score
Skymark Airlines Inc TSE:9204
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Skymark Airlines 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.

Skymark Airlines'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
=( (3805 + 4346) / 2 ) / 101185*365
=4075.5 / 101185*365
=14.70

Skymark Airlines'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
=( (4261 + 4346) / 2 ) / 24264*365 / 4
=4303.5 / 24264*365 / 4
=16.18

* 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 16.18 mean?
Skymark Airlines (TSE:9204) has a Days Payable of 16.18 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 Skymark Airlines and its competitors. This is near median its historical median of 16.26. Over the past decade, Skymark Airlines' Days Payable has ranged from 13.61 to 37.48. According to the industry distribution chart, Skymark Airlines ranks #844 out of 968 companies in the Transportation industry, placing it in the top 87.2%.
Is Skymark Airlines' Days Payable too high?
Skymark Airlines' current Days Payable of 16.18 is near median its 10-year median of 16.26. Over the past 10 years, this metric has ranged from a low of 13.61 to a high of 37.48. The Transportation industry median Days Payable is 38.62. Skymark Airlines' value of 16.18 is 58.1% below this industry median. Based on the distribution chart, Skymark Airlines ranks #844 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Skymark Airlines has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Skymark Airlines' Days Payable compare to JOBY?
According to the Transportation industry distribution chart, Skymark Airlines ranks #844 out of 968 companies for Days Payable. This places Skymark Airlines in the lower half of its industry. The industry median Days Payable is 38.62. Skymark Airlines' value of 16.18 is 58.1% below this benchmark. Historically, Skymark Airlines' own Days Payable has ranged from 13.61 to 37.48 over the past decade. While the company's 10-year median is 16.26 vs. the industry median of 38.62, Skymark Airlines 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 Transportation company?
The median Days Payable among Transportation companies is 38.62, based on 968 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. Skymark Airlines's current Days Payable of 16.18 is 58.1% 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 Skymark Airlines and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skymark Airlines's current Days Payable is 16.18, which is near median its own 10-year median of 16.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skymark Airlines stock overvalued right now?
Based on GuruFocus' analysis, Skymark Airlines (TSE:9204) is currently considered Possible Value Trap. The stock's GF Value™ is 円669.56, compared to a current price of 円415.00 — trading 38% below its estimated fair value. The current Days Payable is 16.18, which is near median its 10-year median of 16.26 and 58.1% below the Transportation industry median of 38.62. Skymark Airlines' overall GF Score™ is 59/100 with 5 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 Skymark Airlines (TSE:9204), the current Days Payable is 16.18 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 Skymark Airlines (TSE:9204) Overvalued in 2026?

Based on GuruFocus' analysis, Skymark Airlines stock appears to be undervalued. The current stock price of 円415.00 is trading 38% below its estimated GF Value™ of 円669.56. GuruFocus considers Skymark Airlines to be Possible Value Trap.

Key valuation signals for TSE:9204:

  • Days Payable: 16.18 (near median its 10-year median of 16.26)
  • GF Value™: 円669.56 vs. price of 円415.00 (38% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 58.1% below the Transportation median (#844 of 968)

No single metric tells the full story. See the TSE:9204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Skymark Airlines Business Description

Other Exchanges 7SA:Germany
Address 3-5-10 Haneda Airport, 8th Floor Utility Center Building, Ota-ku, Tokyo, JPN, 144-0041
Skymark Airlines Inc is engaged in regular air transportation service business.
59GF Score

Get the complete analysis for TSE:9204

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

円415.00
Price
円669.56
GF Value