System Location Co (TSE:2480) Days Payable: 18.20 (As of Mar. 2026) — 31% Below Median


TSE:2480 System Location Co Ltd TSE:2480
80 GF Score
Price 円1,696.00
GF Value 円1,431.69
Valuation Modestly Overvalued
! 9 Warning Signs
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What is System Location Co Days Payable?

System Location Co TSE:2480 80 Days Payable is 18.20 as of Mar. 2026, which is 31% below its 10-year median of 26.29. GuruFocus rates TSE:2480 with a GF Score™ of 80/100 and a GF Value™ of 円1,431.69 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 945 Business Services companies, System Location Co ranks worse than 74.29% on this metric.

System Location Co's average Accounts Payable for the six months ended in Mar. 2026 was 円18 Mil. System Location Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円179 Mil. Hence, System Location Co's Days Payable for the six months ended in Mar. 2026 was 18.20.

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

TSE:2480' s Days Payable Range Over the Past 10 Years
Min: 19.68   Med: 26.29   Max: 118.51
Current: 21.08

During the past 13 years, System Location Co's highest Days Payable was 118.51. The lowest was 19.68. And the median was 26.29.

TSE:2480's Days Payable is ranked worse than
74.29% of 945 companies
in the Business Services industry
Industry Median: 46.11 vs TSE:2480: 21.08

System Location Co's Days Payable declined from Mar. 2025 (19.66) to Mar. 2026 (18.20). It may suggest that System Location Co accelerated paying its suppliers.


System Location Co Days Payable Historical Data

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The historical data trend for System Location 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.

System Location Co Days Payable Chart

System Location 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 26.34 21.50 19.68 21.12 22.82

System Location 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 17.60 16.41 19.66 22.31 18.20

TSE:2480 vs CTAS, CPRT, ULS: Days Payable Comparison

For the Specialty Business Services subindustry, System Location 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.


System Location Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, System Location Co's Days Payable distribution charts can be found below:

* The bar in red indicates where System Location Co's Days Payable falls into.


TSE:2480
80GF Score
System Location Co Ltd TSE:2480
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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System Location 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.

System Location 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
=( (24.924 + 18.858) / 2 ) / 350.175*365
=21.891 / 350.175*365
=22.82

System Location 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
=( (16.876 + 18.858) / 2 ) / 179.203*365 / 2
=17.867 / 179.203*365 / 2
=18.20

* 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 18.20 mean?
System Location Co (TSE:2480) has a Days Payable of 18.20 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 System Location Co and its competitors. This is 31% below median its historical median of 26.29. Over the past decade, System Location Co's Days Payable has ranged from 19.68 to 118.51. According to the industry distribution chart, System Location Co ranks #702 out of 945 companies in the Business Services industry, placing it in the top 74.3%.
Is System Location Co's Days Payable too high?
System Location Co's current Days Payable of 18.20 is 31% below median its 10-year median of 26.29. Over the past 10 years, this metric has ranged from a low of 19.68 to a high of 118.51. The Business Services industry median Days Payable is 46.11. System Location Co's value of 18.20 is 60.5% below this industry median. Based on the distribution chart, System Location Co ranks #702 out of 945 companies in the Business Services industry, which is below the industry midpoint. Overall, System Location Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does System Location Co's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, System Location Co ranks #702 out of 945 companies for Days Payable. This places System Location Co in the lower half of its industry. The industry median Days Payable is 46.11. System Location Co's value of 18.20 is 60.5% below this benchmark. Historically, System Location Co's own Days Payable has ranged from 19.68 to 118.51 over the past decade. While the company's 10-year median is 26.29 vs. the industry median of 46.11, System Location 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. System Location Co's current Days Payable of 18.20 is 60.5% 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 System Location Co and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. System Location Co's current Days Payable is 18.20, which is 31% below median its own 10-year median of 26.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System Location Co stock overvalued right now?
Based on GuruFocus' analysis, System Location Co (TSE:2480) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,431.69, compared to a current price of 円1,696.00 — trading 18.5% above its estimated fair value. The current Days Payable is 18.20, which is 31% below median its 10-year median of 26.29 and 60.5% below the Business Services industry median of 46.11. System Location Co's overall GF Score™ is 80/100 with 9 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 System Location Co (TSE:2480), the current Days Payable is 18.20 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 System Location Co (TSE:2480) Overvalued in 2026?

Based on GuruFocus' analysis, System Location Co stock appears to be overvalued. The current stock price of 円1,696.00 is trading 18.5% above its estimated GF Value™ of 円1,431.69. GuruFocus considers System Location Co to be Modestly Overvalued.

Key valuation signals for TSE:2480:

  • Days Payable: 18.20 (31% below median its 10-year median of 26.29)
  • GF Value™: 円1,431.69 vs. price of 円1,696.00 (18.5% above fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 60.5% below the Business Services median (#702 of 945)

No single metric tells the full story. See the TSE:2480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


System Location Co Business Description

Address 2-6-3, Higashiyama, Meguro-ku, Tokyo, JPN, 153-0043
System Location Co Ltd is engaged in providing business support for automobile-related businesses. The services offered by the company include a vehicle value calculation system, vehicle catalog database, new car sales support, and auto lease sales support portal site.
80GF Score

Get the complete analysis for TSE:2480

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

円1,696.00
Price
円1,431.69
GF Value