GSI Co (SSE:5579) Days Payable: 8.88 (As of Mar. 2026) — 14% Above Median


SSE:5579 GSI Co Ltd SSE:5579
42 GF Score
Price 円1,296.00
GF Value 円1,575.91
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is GSI Co Days Payable?

GSI Co SSE:5579 -0.31% 42 Days Payable is 8.88 as of Mar. 2026, which is 14% above its 10-year median of 7.77. GuruFocus rates SSE:5579 with a GF Score™ of 42/100 and a GF Value™ of 円1,575.91 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,605 Software companies, GSI Co ranks worse than 93.01% on this metric.

GSI Co's average Accounts Payable for the six months ended in Mar. 2026 was 円83 Mil. GSI Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,703 Mil. Hence, GSI Co's Days Payable for the six months ended in Mar. 2026 was 8.88.

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

SSE:5579' s Days Payable Range Over the Past 10 Years
Min: 7.34   Med: 7.77   Max: 8.54
Current: 8.54

During the past 5 years, GSI Co's highest Days Payable was 8.54. The lowest was 7.34. And the median was 7.77.

SSE:5579's Days Payable is ranked worse than
93.01% of 2605 companies
in the Software industry
Industry Median: 52.79 vs SSE:5579: 8.54

GSI Co's Days Payable increased from Mar. 2025 (7.80) to Mar. 2026 (8.88). It may suggest that GSI Co delayed paying its suppliers.


GSI Co Days Payable Historical Data

* Premium members only.

The historical data trend for GSI 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.

GSI Co Days Payable Chart

GSI Co Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
7.77 7.78 7.34 7.73 8.32

GSI Co Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 7.92 7.06 7.80 8.43 8.88

SSE:5579 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, GSI 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.


GSI Co Days Payable vs Software Industry

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

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


SSE:5579
42GF Score
GSI Co Ltd SSE:5579
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSI 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.

GSI 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
=( (76.062 + 80.955) / 2 ) / 3443.674*365
=78.5085 / 3443.674*365
=8.32

GSI 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
=( (84.695 + 80.955) / 2 ) / 1702.809*365 / 2
=82.825 / 1702.809*365 / 2
=8.88

* 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 8.88 mean?
GSI Co (SSE:5579) has a Days Payable of 8.88 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 GSI Co and its competitors. This is 14% above median its historical median of 7.77. Over the past decade, GSI Co's Days Payable has ranged from 7.34 to 8.54. According to the industry distribution chart, GSI Co ranks #2423 out of 2605 companies in the Software industry, placing it in the top 93%.
Is GSI Co's Days Payable too high?
GSI Co's current Days Payable of 8.88 is 14% above median its 10-year median of 7.77. Over the past 10 years, this metric has ranged from a low of 7.34 to a high of 8.54. The Software industry median Days Payable is 52.79. GSI Co's value of 8.88 is 83.2% below this industry median. Based on the distribution chart, GSI Co ranks #2423 out of 2605 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GSI Co has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GSI Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, GSI Co ranks #2423 out of 2605 companies for Days Payable. This places GSI Co in the lower half of its industry. The industry median Days Payable is 52.79. GSI Co's value of 8.88 is 83.2% below this benchmark. Historically, GSI Co's own Days Payable has ranged from 7.34 to 8.54 over the past decade. While the company's 10-year median is 7.77 vs. the industry median of 52.79, GSI 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 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. GSI Co's current Days Payable of 8.88 is 83.2% 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 GSI Co 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. GSI Co's current Days Payable is 8.88, which is 14% above median its own 10-year median of 7.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSI Co stock overvalued right now?
Based on GuruFocus' analysis, GSI Co (SSE:5579) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,575.91, compared to a current price of 円1,296.00 — trading 17.8% below its estimated fair value. The current Days Payable is 8.88, which is 14% above median its 10-year median of 7.77 and 83.2% below the Software industry median of 52.79. GSI Co's overall GF Score™ is 42/100 with 1 warning sign 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 GSI Co (SSE:5579), the current Days Payable is 8.88 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 GSI Co (SSE:5579) Overvalued in 2026?

Based on GuruFocus' analysis, GSI Co stock appears to be undervalued. The current stock price of 円1,296.00 is trading 17.8% below its estimated GF Value™ of 円1,575.91. GuruFocus considers GSI Co to be Modestly Undervalued.

Key valuation signals for SSE:5579:

  • Days Payable: 8.88 (14% above median its 10-year median of 7.77)
  • GF Value™: 円1,575.91 vs. price of 円1,296.00 (17.8% below fair value)
  • GF Score™: 42/100 with 1 warning sign
  • Industry Position: 83.2% below the Software median (#2423 of 2605)

No single metric tells the full story. See the SSE:5579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GSI Co Business Description

Address Kita 7-jo Nishi 1-1-2, SE Sapporo Building 13th Floor, Kita-ku, Sapporo, JPN, 060-0807
GSI Co Ltd is engaged in providing IT solution services that satisfy its customers. It is a system development business that specializes in providing system development to companies that are struggling with a lack of IT service development capabilities to utilize corporate digital technology.
42GF Score

Get the complete analysis for SSE:5579

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

円1,296.00
Price
円1,575.91
GF Value