Core (TSE:2359) Days Payable: 28.29 (As of Mar. 2026) — 17% Below Median


TSE:2359 Core Corp TSE:2359
69 GF Score
Price 円1,957.00
GF Value 円2,078.26
Valuation Fairly Valued
! 1 Warning Sign
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What is Core Days Payable?

Core TSE:2359 +0.36% 69 Days Payable is 28.29 as of Mar. 2026, which is 17% below its 10-year median of 34.16. GuruFocus rates TSE:2359 with a GF Score™ of 69/100 and a GF Value™ of 円2,078.26 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,598 Software companies, Core ranks worse than 67.67% on this metric.

Core's average Accounts Payable for the six months ended in Mar. 2026 was 円1,556 Mil. Core's Cost of Goods Sold for the six months ended in Mar. 2026 was 円10,036 Mil. Hence, Core's Days Payable for the six months ended in Mar. 2026 was 28.29.

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

TSE:2359' s Days Payable Range Over the Past 10 Years
Min: 30.15   Med: 34.16   Max: 36.96
Current: 31.21

During the past 13 years, Core's highest Days Payable was 36.96. The lowest was 30.15. And the median was 34.16.

TSE:2359's Days Payable is ranked worse than
67.67% of 2598 companies
in the Software industry
Industry Median: 53.675 vs TSE:2359: 31.21

Core's Days Payable declined from Mar. 2025 (32.67) to Mar. 2026 (28.29). It may suggest that Core accelerated paying its suppliers.


Core Days Payable Historical Data

* Premium members only.

The historical data trend for Core'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.

Core Days Payable Chart

Core 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 30.15 34.82 36.96 36.05 31.76

Core Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 32.03 34.67 32.67 33.91 28.29

TSE:2359 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Core'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.


Core Days Payable vs Software Industry

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

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


TSE:2359
69GF Score
Core Corp TSE:2359
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Core 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.

Core'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
=( (1738.467 + 1552.349) / 2 ) / 18908.086*365
=1645.408 / 18908.086*365
=31.76

Core'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1558.736 + 1552.349) / 2 ) / 10036.037*365 / 2
=1555.5425 / 10036.037*365 / 2
=28.29

* 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 28.29 mean?
Core (TSE:2359) has a Days Payable of 28.29 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 Core and its competitors. This is 17% below median its historical median of 34.16. Over the past decade, Core's Days Payable has ranged from 30.15 to 36.96. According to the industry distribution chart, Core ranks #1758 out of 2598 companies in the Software industry, placing it in the top 67.7%.
Is Core's Days Payable too high?
Core's current Days Payable of 28.29 is 17% below median its 10-year median of 34.16. Over the past 10 years, this metric has ranged from a low of 30.15 to a high of 36.96. The Software industry median Days Payable is 53.68. Core's value of 28.29 is 47.3% below this industry median. Based on the distribution chart, Core ranks #1758 out of 2598 companies in the Software industry, which is below the industry midpoint. Overall, Core has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Core's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Core ranks #1758 out of 2598 companies for Days Payable. This places Core in the lower half of its industry. The industry median Days Payable is 53.68. Core's value of 28.29 is 47.3% below this benchmark. Historically, Core's own Days Payable has ranged from 30.15 to 36.96 over the past decade. While the company's 10-year median is 34.16 vs. the industry median of 53.68, Core 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 53.68, 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. Core's current Days Payable of 28.29 is 47.3% 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 Core 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. Core's current Days Payable is 28.29, which is 17% below median its own 10-year median of 34.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core stock overvalued right now?
Based on GuruFocus' analysis, Core (TSE:2359) is currently considered Fairly Valued. The stock's GF Value™ is 円2,078.26, compared to a current price of 円1,957.00 — trading 5.8% below its estimated fair value. The current Days Payable is 28.29, which is 17% below median its 10-year median of 34.16 and 47.3% below the Software industry median of 53.68. Core's overall GF Score™ is 69/100 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 Core (TSE:2359), the current Days Payable is 28.29 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 Core (TSE:2359) Overvalued in 2026?

Based on GuruFocus' analysis, Core stock appears to be undervalued. The current stock price of 円1,957.00 is trading 5.8% below its estimated GF Value™ of 円2,078.26. GuruFocus considers Core to be Fairly Valued.

Key valuation signals for TSE:2359:

  • Days Payable: 28.29 (17% below median its 10-year median of 34.16)
  • GF Value™: 円2,078.26 vs. price of 円1,957.00 (5.8% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 47.3% below the Software median (#1758 of 2598)

No single metric tells the full story. See the TSE:2359 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Core Business Description

Address 1-22-3, Sangenjaya, Setagaya-ku, Tokyo, JPN, 154-8552
Core Corp is an independent information technology services company. It is organized into two business segments - System Integration business and product solutions business. The system integration segment focuses on embedded contract development in smartphones, automotive-related and equipment control fields. Its product solutions segment operates in the fields of security, cloud big data utilization cloud service, and global navigation satellite system. It primarily serves medical/healthcare, automobiles and agriculture markets.
69GF Score

Get the complete analysis for TSE:2359

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

円1,957.00
Price
円2,078.26
GF Value