TISTISNF 90 Days Payable is 21.72 as of Mar. 2026, which is 14% below its 10-year median of 25.25. GuruFocus rates TISNF with a GF Score™ of 90/100 and a GF Value™ of $27.23. Among 2,604 Software companies, TIS ranks worse than 77.19% on this metric.
TIS's average Accounts Payable for the
three
months ended in Mar. 2026 was $171 Mil. TIS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $718 Mil.
Hence, TIS's Days Payable for the
three
months ended in Mar. 2026 was 21.72.
The historical rank and industry rank for TIS's Days Payable or its related term are showing as below:
TISNF'
s Days Payable Range Over the Past 10 Years
Min: 22.55 Med: 25.25 Max: 27.19
Current: 22.55
During the past 13 years, TIS's highest Days Payable was 27.19. The lowest was 22.55. And the median was 25.25.
TISNF's Days Payable is ranked worse than 77.19% of 2604
companies
in the Software industry
Industry Median: 53.955
vs TISNF: 22.55
TIS's Days Payable
increased
from Mar. 2025 (20.79) to Mar. 2026 (21.72).
It may suggest that TISdelayed paying its suppliers.
TIS Days Payable Related Terms
TIS Days Payable Historical Data
* Premium members only.
The historical data trend for TIS'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.
For the Information Technology Services subindustry, TIS'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.
TIS Days Payable vs Software Industry
For the Software industry and Technology sector, TIS's Days Payable distribution charts can be found below:
* The bar in red indicates where TIS'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.
TIS'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.
TIS (TISNF) has a Days Payable of 21.72 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 TIS and its competitors. This is 14% below median its historical median of 25.25. Over the past decade, TIS's Days Payable has ranged from 22.55 to 27.19. According to the industry distribution chart, TIS ranks #2010 out of 2604 companies in the Software industry, placing it in the top 77.2%.
Is TIS's Days Payable too high?
TIS's current Days Payable of 21.72 is 14% below median its 10-year median of 25.25. Over the past 10 years, this metric has ranged from a low of 22.55 to a high of 27.19. The Software industry median Days Payable is 53.96. TIS's value of 21.72 is 59.7% below this industry median. Based on the distribution chart, TIS ranks #2010 out of 2604 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, TIS has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does TIS's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, TIS ranks #2010 out of 2604 companies for Days Payable. This places TIS in the lower half of its industry. The industry median Days Payable is 53.96. TIS's value of 21.72 is 59.7% below this benchmark. Historically, TIS's own Days Payable has ranged from 22.55 to 27.19 over the past decade. While the company's 10-year median is 25.25 vs. the industry median of 53.96, TIS 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 53.96, based on 2,604 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. TIS's current Days Payable of 21.72 is 59.7% 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 TIS and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TIS's current Days Payable is 21.72, which is 14% below median its own 10-year median of 25.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TIS stock overvalued right now?
TIS (TISNF) has a current Days Payable of 21.72. The stock's GF Value™ is $27.23, compared to a current price of $20.00 — trading 26.6% below its estimated fair value. The current Days Payable is 21.72, which is 14% below median its 10-year median of 25.25 and 59.7% below the Software industry median of 53.96. TIS's overall GF Score™ is 90/100. 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 TIS (TISNF), the current Days Payable is 21.72 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 TIS (TISNF) Overvalued in 2026?
Based on GuruFocus' analysis, TIS stock appears to be undervalued.
The current stock price of $20.00 is trading 26.6% below its estimated GF Value™ of $27.23.
Key valuation signals for TISNF:
Days Payable: 21.72 (14% below median its 10-year median of 25.25)
GF Value™: $27.23 vs. price of $20.00 (26.6% below fair value)
Industry Position: 59.7% below the Software median (#2010 of 2604)
No single metric tells the full story. See the TISNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TIS is one of Japan's largest independent IT services companies, combining enterprise systems integration and outsourcing with issuer-side payment-processing infrastructure for banks and card issuers, a mix that is uncommon among domestic peers. The company serves clients in financial services, manufacturing, distribution, and the public sector, and recurring operation-and-cloud revenue represented 33.4% of group sales in fiscal 2026. For fiscal 2026, TIS generated JPY 596.5 billion of revenue and JPY 76.2 billion of operating profit, or a 12.8% margin. Its five reporting segments are regional IT solutions, industrial IT, offering service, financial IT, and BPM.
90GF Score
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