NTCL (Netclass Technology) Days Payable: 79.37 (As of Sep. 2025) — 34% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NTCL Netclass Technology Inc NTCL
14 GF Score
Price $4.10
! 8 Warning Signs
View Full Analysis

What is Netclass Technology Days Payable?

Netclass Technology NTCL -6.98% 14 Days Payable is 79.37 as of Sep. 2025, which is 34% above its 10-year median of 59.18. GuruFocus rates NTCL with a GF Score™ of 14/100. The stock has 8 warning signs investors should review. Among 2,605 Software companies, Netclass Technology ranks better than 70.06% on this metric.

Netclass Technology's average Accounts Payable for the six months ended in Sep. 2025 was $1.83 Mil. Netclass Technology's Cost of Goods Sold for the six months ended in Sep. 2025 was $4.22 Mil. Hence, Netclass Technology's Days Payable for the six months ended in Sep. 2025 was 79.37.

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

NTCL' s Days Payable Range Over the Past 10 Years
Min: 45.24   Med: 59.18   Max: 114.88
Current: 104.99

During the past 5 years, Netclass Technology's highest Days Payable was 114.88. The lowest was 45.24. And the median was 59.18.

NTCL's Days Payable is ranked better than
70.06% of 2605 companies
in the Software industry
Industry Median: 52.79 vs NTCL: 104.99

Netclass Technology's Days Payable increased from Sep. 2024 (78.27) to Sep. 2025 (79.37). It may suggest that Netclass Technology delayed paying its suppliers.


Netclass Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Netclass Technology'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.

Netclass Technology Days Payable Chart

Netclass Technology Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
48.44 59.18 45.24 94.10 114.88

Netclass Technology Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial 35.73 64.27 78.27 126.07 79.37

NTCL vs TWOH, IDAI, BTTC: Days Payable Comparison

For the Software - Application subindustry, Netclass Technology'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.


Netclass Technology Days Payable vs Software Industry

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

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


NTCL
14GF Score
Netclass Technology Inc NTCL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netclass Technology 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.

Netclass Technology'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
=( (2.861 + 1.901) / 2 ) / 7.565*365
=2.381 / 7.565*365
=114.88

Netclass Technology'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: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (1.766 + 1.901) / 2 ) / 4.216*365 / 2
=1.8335 / 4.216*365 / 2
=79.37

* 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 79.37 mean?
Netclass Technology (NTCL) has a Days Payable of 79.37 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 Netclass Technology and its competitors. This is 34% above median its historical median of 59.18. Over the past decade, Netclass Technology's Days Payable has ranged from 45.24 to 114.88. According to the industry distribution chart, Netclass Technology ranks #780 out of 2605 companies in the Software industry, placing it in the top 29.9%.
Is Netclass Technology's Days Payable too high?
Netclass Technology's current Days Payable of 79.37 is 34% above median its 10-year median of 59.18. Over the past 10 years, this metric has ranged from a low of 45.24 to a high of 114.88. The Software industry median Days Payable is 52.79. Netclass Technology's value of 79.37 is 50.4% above this industry median. Based on the distribution chart, Netclass Technology ranks #780 out of 2605 companies in the Software industry, which is above the industry midpoint. Overall, Netclass Technology has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Netclass Technology's Days Payable compare to TWOH and IDAI?
According to the Software industry distribution chart, Netclass Technology ranks #780 out of 2605 companies for Days Payable. This puts Netclass Technology in the upper half of its industry. The industry median Days Payable is 52.79. Netclass Technology's value of 79.37 is 50.4% above this benchmark. Historically, Netclass Technology's own Days Payable has ranged from 45.24 to 114.88 over the past decade. While the company's 10-year median is 59.18 vs. the industry median of 52.79, Netclass Technology 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 52.79, based on 2,605 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. Netclass Technology's current Days Payable of 79.37 is 50.4% 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 Netclass Technology and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netclass Technology's current Days Payable is 79.37, which is 34% above median its own 10-year median of 59.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netclass Technology stock overvalued right now?
Netclass Technology (NTCL) has a current Days Payable of 79.37. The current Days Payable is 79.37, which is 34% above median its 10-year median of 59.18 and 50.4% above the Software industry median of 52.79. Netclass Technology's overall GF Score™ is 14/100 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 Netclass Technology (NTCL), the current Days Payable is 79.37 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.

Netclass Technology Business Description

Address 11 Keppel Road, Unit 11-03, ABI Plaza, Singapore, SGP, 089057
Netclass Technology Inc is a business-to-business smart education specialist, providing IT solutions to schools, training institutions, corporations, public agencies and other institutions or corporate customers. It offers SaaS subscription service and application development. The solution's modules include teaching management, campus management, online teaching, online examination, epidemic prevention and control, education credit blockchain system, and lecturer evaluation services.
14GF Score

Get the complete analysis for NTCL

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

$4.10
Price