EXDW (Exceed World) Days Payable: 46.50 (As of Sep. 2025) — Near Median


EXDW Exceed World Inc EXDW
44 GF Score
Price $0.29
GF Value $0.15
! 8 Warning Signs
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What is Exceed World Days Payable?

Exceed World EXDW 44 Days Payable is 46.50 as of Sep. 2025, which is 4% above its 10-year median of 44.81. GuruFocus rates EXDW with a GF Score™ of 44/100 and a GF Value™ of $0.15. The stock has 8 warning signs investors should review. Among 211 Education companies, Exceed World ranks better than 54.5% on this metric.

Exceed World's average Accounts Payable for the three months ended in Sep. 2025 was $0.45 Mil. Exceed World's Cost of Goods Sold for the three months ended in Sep. 2025 was $0.89 Mil. Hence, Exceed World's Days Payable for the three months ended in Sep. 2025 was 46.50.

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

EXDW' s Days Payable Range Over the Past 10 Years
Min: 17.99   Med: 44.81   Max: 65.7
Current: 40.77

During the past 10 years, Exceed World's highest Days Payable was 65.70. The lowest was 17.99. And the median was 44.81.

EXDW's Days Payable is ranked better than
54.5% of 211 companies
in the Education industry
Industry Median: 35.12 vs EXDW: 40.77

Exceed World's Days Payable declined from Sep. 2024 (168.28) to Sep. 2025 (46.50). It may suggest that Exceed World accelerated paying its suppliers.


Exceed World Days Payable Historical Data

* Premium members only.

The historical data trend for Exceed World'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.

Exceed World Days Payable Chart

Exceed World Annual Data
Trend Nov15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.63 51.00 49.91 23.55 44.81

Exceed World Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 168.28 46.62 32.29 36.05 46.50

EXDW vs ASPU, WAFU, AMBO: Days Payable Comparison

For the Education & Training Services subindustry, Exceed World'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.


Exceed World Days Payable vs Education Industry

For the Education industry and Consumer Defensive sector, Exceed World's Days Payable distribution charts can be found below:

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


EXDW
44GF Score
Exceed World Inc EXDW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Exceed World 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.

Exceed World'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
=( (0.769 + 0.346) / 2 ) / 4.541*365
=0.5575 / 4.541*365
=44.81

Exceed World's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0.561 + 0.346) / 2 ) / 0.89*365 / 4
=0.4535 / 0.89*365 / 4
=46.50

* 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 46.50 mean?
Exceed World (EXDW) has a Days Payable of 46.50 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Exceed World and its competitors. This is near median its historical median of 44.81. Over the past decade, Exceed World's Days Payable has ranged from 17.99 to 65.70. According to the industry distribution chart, Exceed World ranks #96 out of 211 companies in the Education industry, placing it in the top 45.5%.
Is Exceed World's Days Payable too high?
Exceed World's current Days Payable of 46.50 is near median its 10-year median of 44.81. Over the past 10 years, this metric has ranged from a low of 17.99 to a high of 65.70. The Education industry median Days Payable is 35.12. Exceed World's value of 46.50 is 32.4% above this industry median. Based on the distribution chart, Exceed World ranks #96 out of 211 companies in the Education industry, which is above the industry midpoint. Overall, Exceed World has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Exceed World's Days Payable compare to ASPU and WAFU?
According to the Education industry distribution chart, Exceed World ranks #96 out of 211 companies for Days Payable. This puts Exceed World in the upper half of its industry. The industry median Days Payable is 35.12. Exceed World's value of 46.50 is 32.4% above this benchmark. Historically, Exceed World's own Days Payable has ranged from 17.99 to 65.70 over the past decade. While the company's 10-year median is 44.81 vs. the industry median of 35.12, Exceed World has consistently been above 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 an Education company?
The median Days Payable among Education companies is 35.12, based on 211 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. Exceed World's current Days Payable of 46.50 is 32.4% above 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 Exceed World and its competitors. For the Education industry, the median Days Payable is 35.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exceed World's current Days Payable is 46.50, which is near median its own 10-year median of 44.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exceed World stock overvalued right now?
Exceed World (EXDW) has a current Days Payable of 46.50. The stock's GF Value™ is $0.15, compared to a current price of $0.29 — trading 95% above its estimated fair value. The current Days Payable is 46.50, which is near median its 10-year median of 44.81 and 32.4% above the Education industry median of 35.12. Exceed World's overall GF Score™ is 44/100 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 Exceed World (EXDW), the current Days Payable is 46.50 as of Sep. 2025. 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 Exceed World (EXDW) Overvalued in 2026?

Based on GuruFocus' analysis, Exceed World stock appears to be overvalued. The current stock price of $0.29 is trading 95% above its estimated GF Value™ of $0.15.

Key valuation signals for EXDW:

  • Days Payable: 46.50 (near median its 10-year median of 44.81)
  • GF Value™: $0.15 vs. price of $0.29 (95% above fair value)
  • GF Score™: 44/100 with 8 warning signs
  • Industry Position: 32.4% above the Education median (#96 of 211)

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


Exceed World Business Description

Address 1-23-38-6th Floor, Esakacho, Suita-shi, Osaka, JPN, 564-0063
Exceed World Inc is engaged in the education service business and provides educational services through an internet platform called Force Club. The company is an education service provider in Japan, offering a range of e-learning education programs and supporting services through Force Club. Its e-learning programs, procured from independent third-party software developers, include pre-school learning resources, resources supplementing elementary, junior high, and senior high school curricula, preparation courses for university entrance and professional qualification examinations, and English learning, serving customers from pre-school children to students and adult learners, mainly as supplemental learning resources and self-learning tools.
44GF Score

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

$0.29
Price
$0.15
GF Value