VLC Holdings Co (NGO:2467) Days Payable: 15.36 (As of Mar. 2026) — 58% Below Median


NGO:2467 VLC Holdings Co Ltd NGO:2467
52 GF Score
Price 円219.00
GF Value 円141.56
Valuation Significantly Overvalued
! 5 Warning Signs
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What is VLC Holdings Co Days Payable?

VLC Holdings Co NGO:2467 -2.67% 52 Days Payable is 15.36 as of Mar. 2026, which is 58% below its 10-year median of 36.85. GuruFocus rates NGO:2467 with a GF Score™ of 52/100 and a GF Value™ of 円141.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,601 Software companies, VLC Holdings Co ranks worse than 80.12% on this metric.

VLC Holdings Co's average Accounts Payable for the six months ended in Mar. 2026 was 円33 Mil. VLC Holdings Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円395 Mil. Hence, VLC Holdings Co's Days Payable for the six months ended in Mar. 2026 was 15.36.

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

NGO:2467' s Days Payable Range Over the Past 10 Years
Min: 12.88   Med: 36.85   Max: 48.64
Current: 20.44

During the past 13 years, VLC Holdings Co's highest Days Payable was 48.64. The lowest was 12.88. And the median was 36.85.

NGO:2467's Days Payable is ranked worse than
80.12% of 2601 companies
in the Software industry
Industry Median: 54.04 vs NGO:2467: 20.44

VLC Holdings Co's Days Payable declined from Mar. 2025 (19.92) to Mar. 2026 (15.36). It may suggest that VLC Holdings Co accelerated paying its suppliers.


VLC Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for VLC Holdings Co'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.

VLC Holdings Co Days Payable Chart

VLC Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.64 37.07 37.42 36.35 24.32

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 31.75 30.88 19.92 21.91 15.36

NGO:2467 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, VLC Holdings Co'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.


VLC Holdings Co Days Payable vs Software Industry

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

* The bar in red indicates where VLC Holdings Co's Days Payable falls into.


NGO:2467
52GF Score
VLC Holdings Co Ltd NGO:2467
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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VLC Holdings Co 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.

VLC Holdings Co'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
=( (61.102 + 40.153) / 2 ) / 759.693*365
=50.6275 / 759.693*365
=24.32

VLC Holdings Co'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (26.389 + 40.153) / 2 ) / 395.255*365 / 2
=33.271 / 395.255*365 / 2
=15.36

* 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 15.36 mean?
VLC Holdings Co (NGO:2467) has a Days Payable of 15.36 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 VLC Holdings Co and its competitors. This is 58% below median its historical median of 36.85. Over the past decade, VLC Holdings Co's Days Payable has ranged from 12.88 to 48.64. According to the industry distribution chart, VLC Holdings Co ranks #2084 out of 2601 companies in the Software industry, placing it in the top 80.1%.
Is VLC Holdings Co's Days Payable too high?
VLC Holdings Co's current Days Payable of 15.36 is 58% below median its 10-year median of 36.85. Over the past 10 years, this metric has ranged from a low of 12.88 to a high of 48.64. The Software industry median Days Payable is 54.04. VLC Holdings Co's value of 15.36 is 71.6% below this industry median. Based on the distribution chart, VLC Holdings Co ranks #2084 out of 2601 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VLC Holdings Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, VLC Holdings Co ranks #2084 out of 2601 companies for Days Payable. This places VLC Holdings Co in the lower half of its industry. The industry median Days Payable is 54.04. VLC Holdings Co's value of 15.36 is 71.6% below this benchmark. Historically, VLC Holdings Co's own Days Payable has ranged from 12.88 to 48.64 over the past decade. While the company's 10-year median is 36.85 vs. the industry median of 54.04, VLC Holdings Co 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 54.04, based on 2,601 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. VLC Holdings Co's current Days Payable of 15.36 is 71.6% 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 VLC Holdings Co and its competitors. For the Software industry, the median Days Payable is 54.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VLC Holdings Co's current Days Payable is 15.36, which is 58% below median its own 10-year median of 36.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.56, compared to a current price of 円219.00 — trading 54.7% above its estimated fair value. The current Days Payable is 15.36, which is 58% below median its 10-year median of 36.85 and 71.6% below the Software industry median of 54.04. VLC Holdings Co's overall GF Score™ is 52/100 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 VLC Holdings Co (NGO:2467), the current Days Payable is 15.36 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円219.00 is trading 54.7% above its estimated GF Value™ of 円141.56. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • Days Payable: 15.36 (58% below median its 10-year median of 36.85)
  • GF Value™: 円141.56 vs. price of 円219.00 (54.7% above fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 71.6% below the Software median (#2084 of 2601)

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
52GF Score

Get the complete analysis for NGO:2467

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

円219.00
Price
円141.56
GF Value