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Thinca CoTSE:149A -0.37%18 Days Payable is 38.52 as of Jun. 2026, which is 37% above its 10-year median of 28.03. GuruFocus rates TSE:149A with a GF Score™ of 18/100. Among 2,608 Software companies, Thinca Co ranks worse than 58.78% on this metric.
Thinca Co's average Accounts Payable for the
three
months ended in Jun. 2026 was 円40 Mil. Thinca Co's Cost of Goods Sold for the
three
months ended in Jun. 2026 was 円94 Mil.
Hence, Thinca Co's Days Payable for the
three
months ended in Jun. 2026 was 38.52.
The historical rank and industry rank for Thinca Co's Days Payable or its related term are showing as below:
TSE:149A'
s Days Payable Range Over the Past 10 Years
Min: 26.47 Med: 28.03 Max: 38.86
Current: 38.86
During the past 5 years, Thinca Co's highest Days Payable was 38.86. The lowest was 26.47. And the median was 28.03.
TSE:149A's Days Payable is ranked worse than 58.78% of 2608
companies
in the Software industry
Industry Median: 51.815
vs TSE:149A: 38.86
Thinca Co's Days Payable
declined
from Jun. 2025 (53.35) to Jun. 2026 (38.52).
It may suggest that Thinca Coaccelerated paying its suppliers.
The historical data trend for Thinca 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.
TSE:149A vs QH, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Thinca 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.
Thinca Co Days Payable vs Software Industry
For the Software industry and Technology sector, Thinca Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Thinca Co'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.
Thinca Co's Days Payable for the fiscal year that ended in Dec. 2025 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.
Thinca Co (TSE:149A) has a Days Payable of 38.52 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Thinca Co and its competitors. This is 37% above median its historical median of 28.03. Over the past decade, Thinca Co's Days Payable has ranged from 26.47 to 38.86. According to the industry distribution chart, Thinca Co ranks #1533 out of 2608 companies in the Software industry, placing it in the top 58.8%.
Is Thinca Co's Days Payable too high?
Thinca Co's current Days Payable of 38.52 is 37% above median its 10-year median of 28.03. Over the past 10 years, this metric has ranged from a low of 26.47 to a high of 38.86. The Software industry median Days Payable is 51.82. Thinca Co's value of 38.52 is 25.7% below this industry median. Based on the distribution chart, Thinca Co ranks #1533 out of 2608 companies in the Software industry, which is below the industry midpoint. Overall, Thinca Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Thinca Co's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Thinca Co ranks #1533 out of 2608 companies for Days Payable. This places Thinca Co in the lower half of its industry. The industry median Days Payable is 51.82. Thinca Co's value of 38.52 is 25.7% below this benchmark. Historically, Thinca Co's own Days Payable has ranged from 26.47 to 38.86 over the past decade. While the company's 10-year median is 28.03 vs. the industry median of 51.82, Thinca 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 51.82, based on 2,608 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. Thinca Co's current Days Payable of 38.52 is 25.7% 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 Thinca Co and its competitors. For the Software industry, the median Days Payable is 51.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinca Co's current Days Payable is 38.52, which is 37% above median its own 10-year median of 28.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinca Co stock overvalued right now?
Thinca Co (TSE:149A) has a current Days Payable of 38.52. The current Days Payable is 38.52, which is 37% above median its 10-year median of 28.03 and 25.7% below the Software industry median of 51.82. Thinca Co's overall GF Score™ is 18/100. 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 Thinca Co (TSE:149A), the current Days Payable is 38.52 as of Jun. 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.
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