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SystenaTSE:2317 -0.47%91 Days Payable is 39.27 as of Mar. 2026, which is 10% below its 10-year median of 43.81. GuruFocus rates TSE:2317 with a GF Score™ of 91/100 and a GF Value™ of 円449.11 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,604 Software companies, Systena ranks worse than 57.64% on this metric.
Systena's average Accounts Payable for the
three
months ended in Mar. 2026 was 円7,746 Mil. Systena's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円17,998 Mil.
Hence, Systena's Days Payable for the
three
months ended in Mar. 2026 was 39.27.
The historical rank and industry rank for Systena's Days Payable or its related term are showing as below:
TSE:2317'
s Days Payable Range Over the Past 10 Years
Min: 38.34 Med: 43.81 Max: 50.58
Current: 41.8
During the past 13 years, Systena's highest Days Payable was 50.58. The lowest was 38.34. And the median was 43.81.
TSE:2317's Days Payable is ranked worse than 57.64% of 2604
companies
in the Software industry
Industry Median: 52.745
vs TSE:2317: 41.80
Systena's Days Payable
declined
from Mar. 2025 (39.95) to Mar. 2026 (39.27).
It may suggest that Systenaaccelerated paying its suppliers.
Systena Days Payable Related Terms
Systena Days Payable Historical Data
* Premium members only.
The historical data trend for Systena'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:2317 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Systena'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.
Systena Days Payable vs Software Industry
For the Software industry and Technology sector, Systena's Days Payable distribution charts can be found below:
* The bar in red indicates where Systena'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.
Systena'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.
Systena (TSE:2317) has a Days Payable of 39.27 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 Systena and its competitors. This is 10% below median its historical median of 43.81. Over the past decade, Systena's Days Payable has ranged from 38.34 to 50.58. According to the industry distribution chart, Systena ranks #1501 out of 2604 companies in the Software industry, placing it in the top 57.6%.
Is Systena's Days Payable too high?
Systena's current Days Payable of 39.27 is 10% below median its 10-year median of 43.81. Over the past 10 years, this metric has ranged from a low of 38.34 to a high of 50.58. The Software industry median Days Payable is 52.75. Systena's value of 39.27 is 25.5% below this industry median. Based on the distribution chart, Systena ranks #1501 out of 2604 companies in the Software industry, which is below the industry midpoint. Overall, Systena has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systena's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Systena ranks #1501 out of 2604 companies for Days Payable. This places Systena in the lower half of its industry. The industry median Days Payable is 52.75. Systena's value of 39.27 is 25.5% below this benchmark. Historically, Systena's own Days Payable has ranged from 38.34 to 50.58 over the past decade. While the company's 10-year median is 43.81 vs. the industry median of 52.75, Systena 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 52.75, 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. Systena's current Days Payable of 39.27 is 25.5% 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 Systena and its competitors. For the Software industry, the median Days Payable is 52.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Systena's current Days Payable is 39.27, which is 10% below median its own 10-year median of 43.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systena stock overvalued right now?
Based on GuruFocus' analysis, Systena (TSE:2317) is currently considered Fairly Valued. The stock's GF Value™ is 円449.11, compared to a current price of 円420.00 — trading 6.5% below its estimated fair value. The current Days Payable is 39.27, which is 10% below median its 10-year median of 43.81 and 25.5% below the Software industry median of 52.75. Systena's overall GF Score™ is 91/100 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 Systena (TSE:2317), the current Days Payable is 39.27 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 Systena (TSE:2317) Overvalued in 2026?
Based on GuruFocus' analysis, Systena stock appears to be undervalued.
The current stock price of 円420.00 is trading 6.5% below its estimated GF Value™ of 円449.11.
GuruFocus considers Systena to be Fairly Valued.
Key valuation signals for TSE:2317:
Days Payable: 39.27 (10% below median its 10-year median of 43.81)
GF Value™: 円449.11 vs. price of 円420.00 (6.5% below fair value)
Industry Position: 25.5% below the Software median (#1501 of 2604)
No single metric tells the full story. See the TSE:2317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Systena Corp is a software application and services provider that offers a range of support for planning, designing, developing and operating online businesses for smart devices. It also operates a Framework Design Business, which develops backbone and peripheral systems for financial institutions and designs and builds application platforms. The company provides outsourcing services for help desk and systems operations; and develops and offers gaming content for smartphones. It also offers cloud services; and sells and supports the introduction of Google Apps for Business and Microsoft Office 365, public SaaS-based services, and cloud step.
91GF Score
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