Computer Mind Co (TSE:2452) Days Payable: 16.23 (As of Mar. 2026) — 13% Below Median

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TSE:2452 Computer Mind Co Ltd TSE:2452
12 GF Score
Price 円412.00
! 4 Warning Signs
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What is Computer Mind Co Days Payable?

Computer Mind Co TSE:2452 12 Days Payable is 16.23 as of Mar. 2026, which is 13% below its 10-year median of 18.73. GuruFocus rates TSE:2452 with a GF Score™ of 12/100. The stock has 4 warning signs investors should review.

Computer Mind Co's average Accounts Payable for the six months ended in Mar. 2026 was 円11.1 Mil. Computer Mind Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円125.0 Mil. Hence, Computer Mind Co's Days Payable for the six months ended in Mar. 2026 was 16.23.

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

TSE:2452' s Days Payable Range Over the Past 10 Years
Min: 7.46   Med: 18.73   Max: 112.99
Current: 16.47

During the past 10 years, Computer Mind Co's highest Days Payable was 112.99. The lowest was 7.46. And the median was 18.73.

TSE:2452's Days Payable is not ranked
in the Software industry.
Industry Median: 52.785 vs TSE:2452: 16.47

Computer Mind Co's Days Payable declined from Mar. 2025 (16.88) to Mar. 2026 (16.23). It may suggest that Computer Mind Co accelerated paying its suppliers.

Computer Mind Co Days Payable Historical Data

* Premium members only.

The historical data trend for Computer Mind 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.

Computer Mind Co Days Payable Chart

Computer Mind Co 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 17.17 18.07 19.39 17.29 17.09

Computer Mind Co 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 20.89 20.10 16.88 16.07 16.23

TSE:2452 vs TWOH: Days Payable Comparison

For the Information Technology Services subindustry, Computer Mind 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.

Computer Mind Co Days Payable vs Software Industry

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

* The bar in red indicates where Computer Mind Co's Days Payable falls into.


TSE:2452
12GF Score
Computer Mind Co Ltd TSE:2452
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Computer Mind Co 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.

Computer Mind Co'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
=( (9.932 + 12.327) / 2 ) / 237.637*365
=11.1295 / 237.637*365
=17.09

Computer Mind Co'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
=( (9.906 + 12.327) / 2 ) / 125.011*365 / 2
=11.1165 / 125.011*365 / 2
=16.23

* 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 16.23 mean?
Computer Mind Co (TSE:2452) has a Days Payable of 16.23 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 Computer Mind Co and its competitors. This is 13% below median its historical median of 18.73. Over the past decade, Computer Mind Co's Days Payable has ranged from 7.46 to 112.99.
Is Computer Mind Co's Days Payable too high?
Computer Mind Co's current Days Payable of 16.23 is 13% below median its 10-year median of 18.73. Over the past 10 years, this metric has ranged from a low of 7.46 to a high of 112.99. The Software industry median Days Payable is 52.79. Computer Mind Co's value of 16.23 is 69.3% below this industry median. Overall, Computer Mind Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Computer Mind Co's Days Payable compare to TWOH?
Computer Mind Co's Days Payable of 16.23 can be compared against companies in the Software industry. The industry median Days Payable is 52.79. Computer Mind Co's value of 16.23 is 69.3% below this benchmark. Historically, Computer Mind Co's own Days Payable has ranged from 7.46 to 112.99 over the past decade. While the company's 10-year median is 18.73 vs. the industry median of 52.79, Computer Mind 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 52.79, 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. Computer Mind Co's current Days Payable of 16.23 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 Computer Mind Co and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Computer Mind Co's current Days Payable is 16.23, which is 13% below median its own 10-year median of 18.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computer Mind Co stock overvalued right now?
Computer Mind Co (TSE:2452) has a current Days Payable of 16.23. The current Days Payable is 16.23, which is 13% below median its 10-year median of 18.73 and 69.3% below the Software industry median of 52.79. Computer Mind Co's overall GF Score™ is 12/100 with 4 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 Computer Mind Co (TSE:2452), the current Days Payable is 16.23 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.

Computer Mind Co Business Description

Address Omiya Miyazakidai Building 5th Floor, 2-10-9 Miyazaki, Miyamae-ku, Kawasaki-shi, Kanagawa, JPN, 216-0033
Computer Mind Co Ltd is an IT services company. The company provides IT systems development , IT technical support and IOT equipment verification.
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円412.00
Price