Quest CoTSE:2332 +0.75%65 Days Payable is 16.45 as of Mar. 2026, which is 19% above its 10-year median of 13.84. GuruFocus rates TSE:2332 with a GF Score™ of 65/100 and a GF Value™ of 円1,716.09 (Fairly Valued). Among 2,598 Software companies, Quest Co ranks worse than 86.22% on this metric.
Quest Co's average Accounts Payable for the
six
months ended in Mar. 2026 was 円676 Mil. Quest Co's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円7,505 Mil.
Hence, Quest Co's Days Payable for the
six
months ended in Mar. 2026 was 16.45.
The historical rank and industry rank for Quest Co's Days Payable or its related term are showing as below:
TSE:2332'
s Days Payable Range Over the Past 10 Years
Min: 12.86 Med: 13.84 Max: 15.24
Current: 15.24
During the past 13 years, Quest Co's highest Days Payable was 15.24. The lowest was 12.86. And the median was 13.84.
TSE:2332's Days Payable is ranked worse than 86.22% of 2598
companies
in the Software industry
Industry Median: 53.515
vs TSE:2332: 15.24
Quest Co's Days Payable
increased
from Mar. 2025 (13.38) to Mar. 2026 (16.45).
It may suggest that Quest Codelayed paying its suppliers.
Quest Co Days Payable Related Terms
Quest Co Days Payable Historical Data
* Premium members only.
The historical data trend for Quest 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:2332 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Quest 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.
Quest Co Days Payable vs Software Industry
For the Software industry and Technology sector, Quest Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Quest 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.
Quest Co'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.
Quest Co (TSE:2332) has a Days Payable of 16.45 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 Quest Co and its competitors. This is 19% above median its historical median of 13.84. Over the past decade, Quest Co's Days Payable has ranged from 12.86 to 15.24. According to the industry distribution chart, Quest Co ranks #2240 out of 2598 companies in the Software industry, placing it in the top 86.2%.
Is Quest Co's Days Payable too high?
Quest Co's current Days Payable of 16.45 is 19% above median its 10-year median of 13.84. Over the past 10 years, this metric has ranged from a low of 12.86 to a high of 15.24. The Software industry median Days Payable is 53.52. Quest Co's value of 16.45 is 69.3% below this industry median. Based on the distribution chart, Quest Co ranks #2240 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Quest Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quest Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Quest Co ranks #2240 out of 2598 companies for Days Payable. This places Quest Co in the lower half of its industry. The industry median Days Payable is 53.52. Quest Co's value of 16.45 is 69.3% below this benchmark. Historically, Quest Co's own Days Payable has ranged from 12.86 to 15.24 over the past decade. While the company's 10-year median is 13.84 vs. the industry median of 53.52, Quest 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 53.52, 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. Quest Co's current Days Payable of 16.45 is 69.3% 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 Quest Co and its competitors. For the Software industry, the median Days Payable is 53.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quest Co's current Days Payable is 16.45, which is 19% above median its own 10-year median of 13.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quest Co stock overvalued right now?
Based on GuruFocus' analysis, Quest Co (TSE:2332) is currently considered Fairly Valued. The stock's GF Value™ is 円1,716.09, compared to a current price of 円1,736.00 — trading 1.2% above its estimated fair value. The current Days Payable is 16.45, which is 19% above median its 10-year median of 13.84 and 69.3% below the Software industry median of 53.52. Quest Co's overall GF Score™ is 65/100. 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 Quest Co (TSE:2332), the current Days Payable is 16.45 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 Quest Co (TSE:2332) Overvalued in 2026?
Based on GuruFocus' analysis, Quest Co stock appears to be overvalued.
The current stock price of 円1,736.00 is trading 1.2% above its estimated GF Value™ of 円1,716.09.
GuruFocus considers Quest Co to be Fairly Valued.
Key valuation signals for TSE:2332:
Days Payable: 16.45 (19% above median its 10-year median of 13.84)
GF Value™: 円1,716.09 vs. price of 円1,736.00 (1.2% above fair value)
Industry Position: 69.3% below the Software median (#2240 of 2598)
No single metric tells the full story. See the TSE:2332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quest Co Ltd is engaged in information services business. Its segments includes System Development business and Maintenance; and Infrastructure Services business. System Development business is involved in the provision of software development services, including the consulting, design, development and maintenance of systems. Infrastructure Services business is engaged in the provision of support services for infrastructure operation, including infrastructure building, technological services, system operations, supervision, helpdesk, and field support.
65GF Score
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