ASJNGO:2351 51 Days Payable is 134.25 as of Mar. 2026, which is 27% above its 10-year median of 105.54. GuruFocus rates NGO:2351 with a GF Score™ of 51/100 and a GF Value™ of 円375.75 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,600 Software companies, ASJ ranks better than 77.62% on this metric.
ASJ's average Accounts Payable for the
six
months ended in Mar. 2026 was 円635 Mil. ASJ's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円863 Mil.
Hence, ASJ's Days Payable for the
six
months ended in Mar. 2026 was 134.25.
The historical rank and industry rank for ASJ's Days Payable or its related term are showing as below:
NGO:2351'
s Days Payable Range Over the Past 10 Years
Min: 71.61 Med: 105.54 Max: 146.95
Current: 144.41
During the past 13 years, ASJ's highest Days Payable was 146.95. The lowest was 71.61. And the median was 105.54.
NGO:2351's Days Payable is ranked better than 77.62% of 2600
companies
in the Software industry
Industry Median: 53.675
vs NGO:2351: 144.41
ASJ's Days Payable
declined
from Mar. 2025 (136.02) to Mar. 2026 (134.25).
It may suggest that ASJaccelerated paying its suppliers.
ASJ Days Payable Related Terms
ASJ Days Payable Historical Data
* Premium members only.
The historical data trend for ASJ'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.
NGO:2351 vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, ASJ'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.
ASJ Days Payable vs Software Industry
For the Software industry and Technology sector, ASJ's Days Payable distribution charts can be found below:
* The bar in red indicates where ASJ'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.
ASJ's Days Payable for the fiscal year that ended in Mar. 2026 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.
ASJ (NGO:2351) has a Days Payable of 134.25 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 ASJ and its competitors. This is 27% above median its historical median of 105.54. Over the past decade, ASJ's Days Payable has ranged from 71.61 to 146.95. According to the industry distribution chart, ASJ ranks #582 out of 2600 companies in the Software industry, placing it in the top 22.4%.
Is ASJ's Days Payable too high?
ASJ's current Days Payable of 134.25 is 27% above median its 10-year median of 105.54. Over the past 10 years, this metric has ranged from a low of 71.61 to a high of 146.95. The Software industry median Days Payable is 53.68. ASJ's value of 134.25 is 150.1% above this industry median. Based on the distribution chart, ASJ ranks #582 out of 2600 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ASJ has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASJ's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, ASJ ranks #582 out of 2600 companies for Days Payable. This places ASJ in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.68. ASJ's value of 134.25 is 150.1% above this benchmark. Historically, ASJ's own Days Payable has ranged from 71.61 to 146.95 over the past decade. While the company's 10-year median is 105.54 vs. the industry median of 53.68, ASJ 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 53.68, based on 2,600 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. ASJ's current Days Payable of 134.25 is 150.1% 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 ASJ and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASJ's current Days Payable is 134.25, which is 27% above median its own 10-year median of 105.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASJ stock overvalued right now?
Based on GuruFocus' analysis, ASJ (NGO:2351) is currently considered Modestly Undervalued. The stock's GF Value™ is 円375.75, compared to a current price of 円307.00 — trading 18.3% below its estimated fair value. The current Days Payable is 134.25, which is 27% above median its 10-year median of 105.54 and 150.1% above the Software industry median of 53.68. ASJ's overall GF Score™ is 51/100 with 4 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 ASJ (NGO:2351), the current Days Payable is 134.25 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 ASJ (NGO:2351) Overvalued in 2026?
Based on GuruFocus' analysis, ASJ stock appears to be undervalued.
The current stock price of 円307.00 is trading 18.3% below its estimated GF Value™ of 円375.75.
GuruFocus considers ASJ to be Modestly Undervalued.
Key valuation signals for NGO:2351:
Days Payable: 134.25 (27% above median its 10-year median of 105.54)
GF Value™: 円375.75 vs. price of 円307.00 (18.3% below fair value)
Industry Position: 150.1% above the Software median (#582 of 2600)
No single metric tells the full story. See the NGO:2351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASJ Inc is a core services provider company. It is engaged in Internet-related services such as hosting service and provision of groupware and domain service. Its business activities include cloud services, payment service, consulting on the Internet and development of computer software and smartphone applications.
51GF Score
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