OtsukaFRA:OTK -2.68%89 Days Payable is 57.83 as of Mar. 2026, which is 9% above its 10-year median of 53.09. GuruFocus rates FRA:OTK with a GF Score™ of 89/100 and a GF Value™ of €22.14 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,602 Software companies, Otsuka ranks better than 52.42% on this metric.
Otsuka's average Accounts Payable for the
three
months ended in Mar. 2026 was €965 Mil. Otsuka's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €1,522 Mil.
Hence, Otsuka's Days Payable for the
three
months ended in Mar. 2026 was 57.83.
The historical rank and industry rank for Otsuka's Days Payable or its related term are showing as below:
FRA:OTK'
s Days Payable Range Over the Past 10 Years
Min: 48.38 Med: 53.09 Max: 57.67
Current: 57.67
During the past 13 years, Otsuka's highest Days Payable was 57.67. The lowest was 48.38. And the median was 53.09.
FRA:OTK's Days Payable is ranked better than 52.42% of 2602
companies
in the Software industry
Industry Median: 53.825
vs FRA:OTK: 57.67
Otsuka's Days Payable
declined
from Mar. 2025 (61.29) to Mar. 2026 (57.83).
It may suggest that Otsukaaccelerated paying its suppliers.
Otsuka Days Payable Related Terms
Otsuka Days Payable Historical Data
* Premium members only.
The historical data trend for Otsuka'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.
FRA:OTK vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Otsuka'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.
Otsuka Days Payable vs Software Industry
For the Software industry and Technology sector, Otsuka's Days Payable distribution charts can be found below:
* The bar in red indicates where Otsuka's Days Payable falls into.
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.
Otsuka's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Otsuka (FRA:OTK) has a Days Payable of 57.83 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 Otsuka and its competitors. This is near median its historical median of 53.09. Over the past decade, Otsuka's Days Payable has ranged from 48.38 to 57.67. According to the industry distribution chart, Otsuka ranks #1238 out of 2602 companies in the Software industry, placing it in the top 47.6%.
Is Otsuka's Days Payable too high?
Otsuka's current Days Payable of 57.83 is near median its 10-year median of 53.09. Over the past 10 years, this metric has ranged from a low of 48.38 to a high of 57.67. The Software industry median Days Payable is 53.83. Otsuka's value of 57.83 is 7.4% above this industry median. Based on the distribution chart, Otsuka ranks #1238 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, Otsuka has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Otsuka's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Otsuka ranks #1238 out of 2602 companies for Days Payable. This puts Otsuka in the upper half of its industry. The industry median Days Payable is 53.83. Otsuka's value of 57.83 is 7.4% above this benchmark. Historically, Otsuka's own Days Payable has ranged from 48.38 to 57.67 over the past decade. While the company's 10-year median is 53.09 vs. the industry median of 53.83, Otsuka 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 a Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 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. Otsuka's current Days Payable of 57.83 is 7.4% 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 Otsuka and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Otsuka's current Days Payable is 57.83, which is near median its own 10-year median of 53.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otsuka stock overvalued right now?
Based on GuruFocus' analysis, Otsuka (FRA:OTK) is currently considered Significantly Undervalued. The stock's GF Value™ is €22.14, compared to a current price of €14.50 — trading 34.5% below its estimated fair value. The current Days Payable is 57.83, which is near median its 10-year median of 53.09 and 7.4% above the Software industry median of 53.83. Otsuka's overall GF Score™ is 89/100 with 2 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 Otsuka (FRA:OTK), the current Days Payable is 57.83 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 Otsuka (FRA:OTK) Overvalued in 2026?
Based on GuruFocus' analysis, Otsuka stock appears to be undervalued.
The current stock price of €14.50 is trading 34.5% below its estimated GF Value™ of €22.14.
GuruFocus considers Otsuka to be Significantly Undervalued.
Key valuation signals for FRA:OTK:
Days Payable: 57.83 (near median its 10-year median of 53.09)
GF Value™: €22.14 vs. price of €14.50 (34.5% below fair value)
Industry Position: 7.4% above the Software median (#1238 of 2602)
No single metric tells the full story. See the FRA:OTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Otsuka is Japan's leading one-stop provider of IT solutions and office supplies, primarily targeting small and midsize enterprises. The System Integration business sells and integrates everything from PCs and servers to the proprietary "Smile" ERP system. This is complemented by the Service & Support business, featuring the "Tanomail" office-supply mail-order service and "Tayoreru" maintenance contracts. Operating through a dense nationwide network, Otsuka functions as the outsourced IT department for companies that lack one, providing a single, trusted point of contact for all technology and office needs.
89GF Score
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