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Applied CoTSE:3020 +0.12%75 Days Payable is 32.80 as of Mar. 2026, which is 4% below its 10-year median of 34.31. GuruFocus rates TSE:3020 with a GF Score™ of 75/100 and a GF Value™ of 円3,208.41 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,440 Hardware companies, Applied Co ranks worse than 84.18% on this metric.
Applied Co's average Accounts Payable for the
three
months ended in Mar. 2026 was 円3,703 Mil. Applied Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円10,301 Mil.
Hence, Applied Co's Days Payable for the
three
months ended in Mar. 2026 was 32.80.
The historical rank and industry rank for Applied Co's Days Payable or its related term are showing as below:
TSE:3020'
s Days Payable Range Over the Past 10 Years
Min: 29.22 Med: 34.31 Max: 41.97
Current: 32.93
During the past 13 years, Applied Co's highest Days Payable was 41.97. The lowest was 29.22. And the median was 34.31.
TSE:3020's Days Payable is ranked worse than 84.18% of 2440
companies
in the Hardware industry
Industry Median: 70.08
vs TSE:3020: 32.93
Applied Co's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (32.80).
It may suggest that Applied Codelayed paying its suppliers.
The historical data trend for Applied 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:3020 vs SNX, ARW, AVT: Days Payable Comparison
For the Electronics & Computer Distribution subindustry, Applied 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.
Applied Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Applied Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Applied 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.
Applied 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.
Applied Co (TSE:3020) has a Days Payable of 32.80 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 Applied Co and its competitors. This is near median its historical median of 34.31. Over the past decade, Applied Co's Days Payable has ranged from 29.22 to 41.97. According to the industry distribution chart, Applied Co ranks #2054 out of 2440 companies in the Hardware industry, placing it in the top 84.2%.
Is Applied Co's Days Payable too high?
Applied Co's current Days Payable of 32.80 is near median its 10-year median of 34.31. Over the past 10 years, this metric has ranged from a low of 29.22 to a high of 41.97. The Hardware industry median Days Payable is 70.08. Applied Co's value of 32.80 is 53.2% below this industry median. Based on the distribution chart, Applied Co ranks #2054 out of 2440 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Applied Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Co's Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Applied Co ranks #2054 out of 2440 companies for Days Payable. This places Applied Co in the lower half of its industry. The industry median Days Payable is 70.08. Applied Co's value of 32.80 is 53.2% below this benchmark. Historically, Applied Co's own Days Payable has ranged from 29.22 to 41.97 over the past decade. While the company's 10-year median is 34.31 vs. the industry median of 70.08, Applied 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 Hardware company?
The median Days Payable among Hardware companies is 70.08, based on 2,440 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. Applied Co's current Days Payable of 32.80 is 53.2% 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 Applied Co and its competitors. For the Hardware industry, the median Days Payable is 70.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Co's current Days Payable is 32.80, which is near median its own 10-year median of 34.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Co stock overvalued right now?
Based on GuruFocus' analysis, Applied Co (TSE:3020) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,208.41, compared to a current price of 円4,330.00 — trading 35% above its estimated fair value. The current Days Payable is 32.80, which is near median its 10-year median of 34.31 and 53.2% below the Hardware industry median of 70.08. Applied Co's overall GF Score™ is 75/100 with 2 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 Applied Co (TSE:3020), the current Days Payable is 32.80 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 Applied Co (TSE:3020) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Co stock appears to be overvalued.
The current stock price of 円4,330.00 is trading 35% above its estimated GF Value™ of 円3,208.41.
GuruFocus considers Applied Co to be Significantly Overvalued.
Key valuation signals for TSE:3020:
Days Payable: 32.80 (near median its 10-year median of 34.31)
GF Value™: 円3,208.41 vs. price of 円4,330.00 (35% above fair value)
Industry Position: 53.2% below the Hardware median (#2054 of 2440)
No single metric tells the full story. See the TSE:3020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Co Ltd is engaged in contract development and maintenance of work WEB systems, digital development, content development for consumers, operation of a game shop, purchase and sale of used handsets, planning and development of technical services, and contract production of OEM products.
75GF Score
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