The historical rank and industry rank for Dawn's Days Payable or its related term are showing as below:
TSE:2303'
s Days Payable Range Over the Past 10 Years
Min: 15.36 Med: 18.98 Max: 74.33
Current: 74.33
During the past 13 years, Dawn's highest Days Payable was 74.33. The lowest was 15.36. And the median was 18.98.
TSE:2303's Days Payable is ranked better than 59.89% of 2598
companies
in the Software industry
Industry Median: 53.675
vs TSE:2303: 74.33
Dawn's Days Payable
declined
from Feb. 2024 (15.26) to Nov. 2025 (0.00).
It may suggest that Dawnaccelerated paying its suppliers.
Dawn Days Payable Related Terms
Dawn Days Payable Historical Data
* Premium members only.
The historical data trend for Dawn'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:2303 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, Dawn'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.
Dawn Days Payable vs Software Industry
For the Software industry and Technology sector, Dawn's Days Payable distribution charts can be found below:
* The bar in red indicates where Dawn'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.
Dawn's Days Payable for the fiscal year that ended in May. 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.
Dawn (TSE:2303) has a Days Payable of 0.00 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Dawn and its competitors. Over the past decade, Dawn's Days Payable has ranged from 15.36 to 74.33. According to the industry distribution chart, Dawn ranks #1042 out of 2598 companies in the Software industry, placing it in the top 40.1%.
Is Dawn's Days Payable too high?
Dawn's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 15.36 to a high of 74.33. Based on the distribution chart, Dawn ranks #1042 out of 2598 companies in the Software industry, which is above the industry midpoint. Overall, Dawn has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dawn's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Dawn ranks #1042 out of 2598 companies for Days Payable. This puts Dawn in the upper half of its industry. The industry median Days Payable is 53.68. Historically, Dawn's own Days Payable has ranged from 15.36 to 74.33 over the past decade. 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 53.68, based on 2,598 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. 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 Dawn and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dawn's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawn stock overvalued right now?
Based on GuruFocus' analysis, Dawn (TSE:2303) is currently considered Fairly Valued. The stock's GF Value™ is 円1,400.13, compared to a current price of 円1,323.00 — trading 5.5% below its estimated fair value. The current Days Payable is 0.00. Dawn's overall GF Score™ is 80/100 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 Dawn (TSE:2303), the current Days Payable is 0.00 as of Nov. 2025. 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 Dawn (TSE:2303) Overvalued in 2026?
Based on GuruFocus' analysis, Dawn stock appears to be undervalued.
The current stock price of 円1,323.00 is trading 5.5% below its estimated GF Value™ of 円1,400.13.
GuruFocus considers Dawn to be Fairly Valued.
Key valuation signals for TSE:2303:
Days Payable: 0.00
GF Value™: 円1,400.13 vs. price of 円1,323.00 (5.5% below fair value)
No single metric tells the full story. See the TSE:2303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dawn Corp is engaged in service building services such as FAQ Q and A location information service ASP, GPS map, GIS application development consulting contract research and development and sales of core GIS engine. It is a research and development company specialized in geographic information systems. Its system is used in the security and security of disaster prevention areas such as local governments, the crime prevention area for disaster prevention and the social infrastructure area of private enterprises.
80GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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