TMTMF (Techmatrix) Days Payable: 15.72 (As of Mar. 2026) — 42% Below Median


TMTMF Techmatrix Corp TMTMF
81 GF Score
Price $14.91
GF Value $21.93
! 4 Warning Signs
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What is Techmatrix Days Payable?

Techmatrix TMTMF 81 Days Payable is 15.72 as of Mar. 2026, which is 42% below its 10-year median of 26.92. GuruFocus rates TMTMF with a GF Score™ of 81/100 and a GF Value™ of $21.93. The stock has 4 warning signs investors should review. Among 2,600 Software companies, Techmatrix ranks worse than 85.92% on this metric.

Techmatrix's average Accounts Payable for the three months ended in Mar. 2026 was $15.4 Mil. Techmatrix's Cost of Goods Sold for the three months ended in Mar. 2026 was $89.7 Mil. Hence, Techmatrix's Days Payable for the three months ended in Mar. 2026 was 15.72.

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

TMTMF' s Days Payable Range Over the Past 10 Years
Min: 15.65   Med: 26.92   Max: 37.56
Current: 15.65

During the past 13 years, Techmatrix's highest Days Payable was 37.56. The lowest was 15.65. And the median was 26.92.

TMTMF's Days Payable is ranked worse than
85.92% of 2600 companies
in the Software industry
Industry Median: 54.025 vs TMTMF: 15.65

Techmatrix's Days Payable declined from Mar. 2025 (16.29) to Mar. 2026 (15.72). It may suggest that Techmatrix accelerated paying its suppliers.


Techmatrix Days Payable Historical Data

* Premium members only.

The historical data trend for Techmatrix'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.

Techmatrix Days Payable Chart

Techmatrix 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 27.71 28.25 24.10 18.06 18.65

Techmatrix Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 16.29 15.92 13.53 15.30 15.72

TMTMF vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Techmatrix'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.


Techmatrix Days Payable vs Software Industry

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

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


TMTMF
81GF Score
Techmatrix Corp TMTMF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Techmatrix 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.

Techmatrix'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
=( (14.538 + 17.112) / 2 ) / 309.79*365
=15.825 / 309.79*365
=18.65

Techmatrix'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (13.785 + 17.112) / 2 ) / 89.655*365 / 4
=15.4485 / 89.655*365 / 4
=15.72

* 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 15.72 mean?
Techmatrix (TMTMF) has a Days Payable of 15.72 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 Techmatrix and its competitors. This is 42% below median its historical median of 26.92. Over the past decade, Techmatrix's Days Payable has ranged from 15.65 to 37.56. According to the industry distribution chart, Techmatrix ranks #2234 out of 2600 companies in the Software industry, placing it in the top 85.9%.
Is Techmatrix's Days Payable too high?
Techmatrix's current Days Payable of 15.72 is 42% below median its 10-year median of 26.92. Over the past 10 years, this metric has ranged from a low of 15.65 to a high of 37.56. The Software industry median Days Payable is 54.03. Techmatrix's value of 15.72 is 70.9% below this industry median. Based on the distribution chart, Techmatrix ranks #2234 out of 2600 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Techmatrix has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Techmatrix's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Techmatrix ranks #2234 out of 2600 companies for Days Payable. This places Techmatrix in the lower half of its industry. The industry median Days Payable is 54.03. Techmatrix's value of 15.72 is 70.9% below this benchmark. Historically, Techmatrix's own Days Payable has ranged from 15.65 to 37.56 over the past decade. While the company's 10-year median is 26.92 vs. the industry median of 54.03, Techmatrix 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 54.03, based on 2,600 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. Techmatrix's current Days Payable of 15.72 is 70.9% 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 Techmatrix and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techmatrix's current Days Payable is 15.72, which is 42% below median its own 10-year median of 26.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techmatrix stock overvalued right now?
Techmatrix (TMTMF) has a current Days Payable of 15.72. The stock's GF Value™ is $21.93, compared to a current price of $14.91 — trading 32% below its estimated fair value. The current Days Payable is 15.72, which is 42% below median its 10-year median of 26.92 and 70.9% below the Software industry median of 54.03. Techmatrix's overall GF Score™ is 81/100 with 4 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 Techmatrix (TMTMF), the current Days Payable is 15.72 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 Techmatrix (TMTMF) Overvalued in 2026?

Based on GuruFocus' analysis, Techmatrix stock appears to be undervalued. The current stock price of $14.91 is trading 32% below its estimated GF Value™ of $21.93.

Key valuation signals for TMTMF:

  • Days Payable: 15.72 (42% below median its 10-year median of 26.92)
  • GF Value™: $21.93 vs. price of $14.91 (32% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 70.9% below the Software median (#2234 of 2600)

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


Techmatrix Business Description

Other Exchanges 3762:Japan
Address 3-11-24 Mita Minato-ku, International Industrial Mita Second Building, Tokyo, JPN, 1088588
Techmatrix Corp is engaged in the information technology business and consulting business. Its business activities are divided into two operating divisions including Information Infrastructure Business that provides network security solutions and maintenance, operation and monitoring services combining its own technologies with overseas advanced technologies and products. Application service business provides its own package products development and cloud services in medical, customer-relationship management (CRM) and internet service fields. In addition, the company also offers products and solutions for outsourcing development of systems such as WEB and finance fields.
81GF Score

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

$14.91
Price
$21.93
GF Value