Ecomic Co (SSE:3802) Days Payable: 5.51 (As of Mar. 2026) — Near Median

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SSE:3802 Ecomic Co Ltd SSE:3802
79 GF Score
Price 円772.50
GF Value 円760.54
! 3 Warning Signs
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What is Ecomic Co Days Payable?

Ecomic Co SSE:3802 79 Days Payable is 5.51 as of Mar. 2026, which is 6% below its 10-year median of 5.86. GuruFocus rates SSE:3802 with a GF Score™ of 79/100 and a GF Value™ of 円760.54. The stock has 3 warning signs investors should review. Among 945 Business Services companies, Ecomic Co ranks worse than 90.48% on this metric.

Ecomic Co's average Accounts Payable for the six months ended in Mar. 2026 was 円31 Mil. Ecomic Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,019 Mil. Hence, Ecomic Co's Days Payable for the six months ended in Mar. 2026 was 5.51.

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

SSE:3802' s Days Payable Range Over the Past 10 Years
Min: 4.82   Med: 5.86   Max: 10.94
Current: 6.59

During the past 13 years, Ecomic Co's highest Days Payable was 10.94. The lowest was 4.82. And the median was 5.86.

SSE:3802's Days Payable is ranked worse than
90.48% of 945 companies
in the Business Services industry
Industry Median: 46.11 vs SSE:3802: 6.59

Ecomic Co's Days Payable declined from Mar. 2025 (6.96) to Mar. 2026 (5.51). It may suggest that Ecomic Co accelerated paying its suppliers.


Ecomic Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ecomic 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.

Ecomic Co Days Payable Chart

Ecomic 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 5.47 4.82 5.71 5.84 5.07

Ecomic 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 6.25 11.82 6.96 10.66 5.51

SSE:3802 vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, Ecomic 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.


Ecomic Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Ecomic Co's Days Payable distribution charts can be found below:

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


SSE:3802
79GF Score
Ecomic Co Ltd SSE:3802
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecomic 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.

Ecomic 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
=( (24.102 + 19.878) / 2 ) / 1582.817*365
=21.99 / 1582.817*365
=5.07

Ecomic 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
=( (41.721 + 19.878) / 2 ) / 1019.299*365 / 2
=30.7995 / 1019.299*365 / 2
=5.51

* 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 5.51 mean?
Ecomic Co (SSE:3802) has a Days Payable of 5.51 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 Ecomic Co and its competitors. This is near median its historical median of 5.86. Over the past decade, Ecomic Co's Days Payable has ranged from 4.82 to 10.94. According to the industry distribution chart, Ecomic Co ranks #855 out of 945 companies in the Business Services industry, placing it in the top 90.5%.
Is Ecomic Co's Days Payable too high?
Ecomic Co's current Days Payable of 5.51 is near median its 10-year median of 5.86. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 10.94. The Business Services industry median Days Payable is 46.11. Ecomic Co's value of 5.51 is 88.1% below this industry median. Based on the distribution chart, Ecomic Co ranks #855 out of 945 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Ecomic Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Ecomic Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Ecomic Co ranks #855 out of 945 companies for Days Payable. This places Ecomic Co in the lower half of its industry. The industry median Days Payable is 46.11. Ecomic Co's value of 5.51 is 88.1% below this benchmark. Historically, Ecomic Co's own Days Payable has ranged from 4.82 to 10.94 over the past decade. While the company's 10-year median is 5.86 vs. the industry median of 46.11, Ecomic 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. Ecomic Co's current Days Payable of 5.51 is 88.1% 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 Ecomic Co and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecomic Co's current Days Payable is 5.51, which is near median its own 10-year median of 5.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecomic Co stock overvalued right now?
Ecomic Co (SSE:3802) has a current Days Payable of 5.51. The stock's GF Value™ is 円760.54, compared to a current price of 円772.50 — trading 1.6% above its estimated fair value. The current Days Payable is 5.51, which is near median its 10-year median of 5.86 and 88.1% below the Business Services industry median of 46.11. Ecomic Co's overall GF Score™ is 79/100 with 3 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 Ecomic Co (SSE:3802), the current Days Payable is 5.51 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 Ecomic Co (SSE:3802) Overvalued in 2026?

Based on GuruFocus' analysis, Ecomic Co stock appears to be overvalued. The current stock price of 円772.50 is trading 1.6% above its estimated GF Value™ of 円760.54.

Key valuation signals for SSE:3802:

  • Days Payable: 5.51 (near median its 10-year median of 5.86)
  • GF Value™: 円760.54 vs. price of 円772.50 (1.6% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 88.1% below the Business Services median (#855 of 945)

No single metric tells the full story. See the SSE:3802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ecomic Co Business Description

Other Exchanges 3802:Japan
Address Otanishi 8-chome 1-1 Asahi Life Sapporo Odori Building, Chuo-ku, Sapporo, JPN, 060-0042
Ecomic Co Ltd is a Japanese firm. It provides payroll outsourcing services. The Company develops and sells payroll calculation systems and provides salary consulting services throughout Japan. It also develops and maintains computer software and sells and operates personnel management systems.
79GF Score

Get the complete analysis for SSE:3802

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

円772.50
Price
円760.54
GF Value