Digital Grid (TSE:350A) Days Payable: 197.02 (As of Jan. 2026) — 57% Above Median

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TSE:350A Digital Grid Corp TSE:350A
19 GF Score
Price 円758.00
! 2 Warning Signs
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What is Digital Grid Days Payable?

Digital Grid TSE:350A -3.19% 19 Days Payable is 197.02 as of Jan. 2026, which is 57% above its 10-year median of 125.82. GuruFocus rates TSE:350A with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 394 Utilities - Independent Power Producers companies, Digital Grid ranks better than 79.7% on this metric.

Digital Grid's average Accounts Payable for the three months ended in Jan. 2026 was 円712 Mil. Digital Grid's Cost of Goods Sold for the three months ended in Jan. 2026 was 円330 Mil. Hence, Digital Grid's Days Payable for the three months ended in Jan. 2026 was 197.02.

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

TSE:350A' s Days Payable Range Over the Past 10 Years
Min: 107.82   Med: 125.82   Max: 262.96
Current: 262.96

During the past 3 years, Digital Grid's highest Days Payable was 262.96. The lowest was 107.82. And the median was 125.82.

TSE:350A's Days Payable is ranked better than
79.7% of 394 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.9 vs TSE:350A: 262.96

Digital Grid's Days Payable increased from Jan. 2025 (0.00) to Jan. 2026 (197.02). It may suggest that Digital Grid delayed paying its suppliers.


Digital Grid Days Payable Historical Data

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The historical data trend for Digital Grid'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.

Digital Grid Days Payable Chart

Digital Grid Annual Data
Trend Jul23 Jul24 Jul25
Days Payable
183.99 125.82 107.82

Digital Grid Quarterly Data
Jul23 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Days Payable Get a 7-Day Free Trial 129.30 120.06 137.42 197.02 521.61

Digital Grid Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Digital Grid'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.


Digital Grid Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Digital Grid's Days Payable distribution charts can be found below:

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


TSE:350A
19GF Score
Digital Grid Corp TSE:350A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Digital Grid 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.

Digital Grid's Days Payable for the fiscal year that ended in Jul. 2025 is calculated as

Days Payable (A: Jul. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2024 ) + Accounts Payable (A: Jul. 2025 )) / count ) / Cost of Goods Sold (A: Jul. 2025 )*Days in Period
=( (354.404 + 575.059) / 2 ) / 1573.223*365
=464.7315 / 1573.223*365
=107.82

Digital Grid's Days Payable for the quarter that ended in Jan. 2026 is calculated as:

Days Payable (Q: Jan. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2025 ) + Accounts Payable (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (521.641 + 902.034) / 2 ) / 329.688*365 / 4
=711.8375 / 329.688*365 / 4
=197.02

* 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 197.02 mean?
Digital Grid (TSE:350A) has a Days Payable of 197.02 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Digital Grid and its competitors. This is 57% above median its historical median of 125.82. Over the past decade, Digital Grid's Days Payable has ranged from 107.82 to 262.96. According to the industry distribution chart, Digital Grid ranks #80 out of 394 companies in the Utilities - Independent Power Producers industry, placing it in the top 20.3%.
Is Digital Grid's Days Payable too high?
Digital Grid's current Days Payable of 197.02 is 57% above median its 10-year median of 125.82. Over the past 10 years, this metric has ranged from a low of 107.82 to a high of 262.96. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Digital Grid's value of 197.02 is 146.6% above this industry median. Based on the distribution chart, Digital Grid ranks #80 out of 394 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Digital Grid has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Digital Grid's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Digital Grid ranks #80 out of 394 companies for Days Payable. This places Digital Grid in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 79.90. Digital Grid's value of 197.02 is 146.6% above this benchmark. Historically, Digital Grid's own Days Payable has ranged from 107.82 to 262.96 over the past decade. While the company's 10-year median is 125.82 vs. the industry median of 79.90, Digital Grid has consistently been above 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 394 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. Digital Grid's current Days Payable of 197.02 is 146.6% above 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 Digital Grid and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Grid's current Days Payable is 197.02, which is 57% above median its own 10-year median of 125.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Grid stock overvalued right now?
Digital Grid (TSE:350A) has a current Days Payable of 197.02. The current Days Payable is 197.02, which is 57% above median its 10-year median of 125.82 and 146.6% above the Utilities - Independent Power Producers industry median of 79.90. Digital Grid's overall GF Score™ is 19/100 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 Digital Grid (TSE:350A), the current Days Payable is 197.02 as of Jan. 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.

Digital Grid Business Description

Address 1-7-1 Akasaka, Akasaka Enokizaka Building 3rd Floor, Minato-ku, Tokyo, JPN, 107-0052
Digital Grid Corp is engaged in trading platforms for electric power and environmental value. Its services include D.G.P a Power procurement and trading platform, Econoha Environmental value purchasing agent, RE Bridge Accompanying renewable energy auction, and GX navi Decarbonization human resource development for beginners.
19GF Score

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

円758.00
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