Future (FRA:FSX) Days Payable: 12.16 (As of Dec. 2025) — 16% Below Median


FRA:FSX Future Corp FRA:FSX
80 GF Score
Price €750.00
GF Value €996.10
! 1 Warning Sign
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What is Future Days Payable?

Future FRA:FSX 80 Days Payable is 12.16 as of Dec. 2025, which is 16% below its 10-year median of 14.52. GuruFocus rates FRA:FSX with a GF Score™ of 80/100 and a GF Value™ of €996.10. The stock has 1 warning sign investors should review. Among 2,598 Software companies, Future ranks worse than 89.03% on this metric.

Future's average Accounts Payable for the three months ended in Dec. 2025 was €7.7 Mil. Future's Cost of Goods Sold for the three months ended in Dec. 2025 was €57.9 Mil. Hence, Future's Days Payable for the three months ended in Dec. 2025 was 12.16.

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

FRA:FSX' s Days Payable Range Over the Past 10 Years
Min: 11.78   Med: 14.52   Max: 19.58
Current: 12.39

During the past 13 years, Future's highest Days Payable was 19.58. The lowest was 11.78. And the median was 14.52.

FRA:FSX's Days Payable is ranked worse than
89.03% of 2598 companies
in the Software industry
Industry Median: 53.515 vs FRA:FSX: 12.39

Future's Days Payable declined from Dec. 2024 (14.13) to Dec. 2025 (12.16). It may suggest that Future accelerated paying its suppliers.


Future Days Payable Historical Data

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The historical data trend for Future'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.

Future Days Payable Chart

Future Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.69 14.03 13.56 11.92 13.31

Future 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 13.52 13.06 11.86 12.16 12.79

FRA:FSX vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Future'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.


Future Days Payable vs Software Industry

For the Software industry and Technology sector, Future's Days Payable distribution charts can be found below:

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


FRA:FSX
80GF Score
Future Corp FRA:FSX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Future 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.

Future's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (7.693 + 7.887) / 2 ) / 213.649*365
=7.79 / 213.649*365
=13.31

Future's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (7.537 + 7.887) / 2 ) / 57.873*365 / 4
=7.712 / 57.873*365 / 4
=12.16

* 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 12.16 mean?
Future (FRA:FSX) has a Days Payable of 12.16 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Future and its competitors. This is 16% below median its historical median of 14.52. Over the past decade, Future's Days Payable has ranged from 11.78 to 19.58. According to the industry distribution chart, Future ranks #2313 out of 2598 companies in the Software industry, placing it in the top 89%.
Is Future's Days Payable too high?
Future's current Days Payable of 12.16 is 16% below median its 10-year median of 14.52. Over the past 10 years, this metric has ranged from a low of 11.78 to a high of 19.58. The Software industry median Days Payable is 53.52. Future's value of 12.16 is 77.3% below this industry median. Based on the distribution chart, Future ranks #2313 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Future has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Future's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Future ranks #2313 out of 2598 companies for Days Payable. This places Future in the lower half of its industry. The industry median Days Payable is 53.52. Future's value of 12.16 is 77.3% below this benchmark. Historically, Future's own Days Payable has ranged from 11.78 to 19.58 over the past decade. While the company's 10-year median is 14.52 vs. the industry median of 53.52, Future 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 Software company?
The median Days Payable among Software companies is 53.52, based on 2,598 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. Future's current Days Payable of 12.16 is 77.3% 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 Future and its competitors. For the Software industry, the median Days Payable is 53.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current Days Payable is 12.16, which is 16% below median its own 10-year median of 14.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Future (FRA:FSX) has a current Days Payable of 12.16. The stock's GF Value™ is €996.10, compared to a current price of €750.00 — trading 24.7% below its estimated fair value. The current Days Payable is 12.16, which is 16% below median its 10-year median of 14.52 and 77.3% below the Software industry median of 53.52. Future's overall GF Score™ is 80/100 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 Future (FRA:FSX), the current Days Payable is 12.16 as of Dec. 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 Future (FRA:FSX) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of €750.00 is trading 24.7% below its estimated GF Value™ of €996.10.

Key valuation signals for FRA:FSX:

  • Days Payable: 12.16 (16% below median its 10-year median of 14.52)
  • GF Value™: €996.10 vs. price of €750.00 (24.7% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 77.3% below the Software median (#2313 of 2598)

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


Future Business Description

Other Exchanges 4722:Japan
Address 1-2-2 Osaki, Tokyo Art Village Osaki Central Tower, Shinagawa-ku, Tokyo, JPN, 141-0032
Future Corp is a holding company. Through its subsidiaries, the company operates on two main pillars: "IT Consulting & Services" and "Business Innovation," both based on technology. Its IT Consulting & Services activities include providing technology-related consulting services to clients. The Business Innovation segment develops services in areas such as digital marketing, sports, education, and e-commerce by utilizing the group's operational and technological expertise.
80GF Score

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

€750.00
Price
€996.10
GF Value