Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MorphoTSE:3653 57 Days Payable is 43.56 as of Apr. 2026, which is 16% above its 10-year median of 37.65. GuruFocus rates TSE:3653 with a GF Score™ of 57/100 and a GF Value™ of 円1,460.13 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,603 Software companies, Morpho ranks worse than 58.01% on this metric.
Morpho's average Accounts Payable for the
six
months ended in Apr. 2026 was 円183 Mil. Morpho's Cost of Goods Sold for the
six
months ended in Apr. 2026 was 円769 Mil.
Hence, Morpho's Days Payable for the
six
months ended in Apr. 2026 was 43.56.
The historical rank and industry rank for Morpho's Days Payable or its related term are showing as below:
TSE:3653'
s Days Payable Range Over the Past 10 Years
Min: 17.56 Med: 37.65 Max: 120.69
Current: 41.35
During the past 13 years, Morpho's highest Days Payable was 120.69. The lowest was 17.56. And the median was 37.65.
TSE:3653's Days Payable is ranked worse than 58.01% of 2603
companies
in the Software industry
Industry Median: 52.78
vs TSE:3653: 41.35
Morpho's Days Payable
increased
from Apr. 2025 (41.36) to Apr. 2026 (43.56).
It may suggest that Morphodelayed paying its suppliers.
Morpho Days Payable Related Terms
Morpho Days Payable Historical Data
* Premium members only.
The historical data trend for Morpho'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:3653 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, Morpho'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.
Morpho Days Payable vs Software Industry
For the Software industry and Technology sector, Morpho's Days Payable distribution charts can be found below:
* The bar in red indicates where Morpho'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.
Morpho's Days Payable for the fiscal year that ended in Oct. 2025 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.
Morpho (TSE:3653) has a Days Payable of 43.56 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Morpho and its competitors. This is 16% above median its historical median of 37.65. Over the past decade, Morpho's Days Payable has ranged from 17.56 to 120.69. According to the industry distribution chart, Morpho ranks #1510 out of 2603 companies in the Software industry, placing it in the top 58%.
Is Morpho's Days Payable too high?
Morpho's current Days Payable of 43.56 is 16% above median its 10-year median of 37.65. Over the past 10 years, this metric has ranged from a low of 17.56 to a high of 120.69. The Software industry median Days Payable is 52.78. Morpho's value of 43.56 is 17.5% below this industry median. Based on the distribution chart, Morpho ranks #1510 out of 2603 companies in the Software industry, which is below the industry midpoint. Overall, Morpho has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morpho's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Morpho ranks #1510 out of 2603 companies for Days Payable. This places Morpho in the lower half of its industry. The industry median Days Payable is 52.78. Morpho's value of 43.56 is 17.5% below this benchmark. Historically, Morpho's own Days Payable has ranged from 17.56 to 120.69 over the past decade. While the company's 10-year median is 37.65 vs. the industry median of 52.78, Morpho 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 52.78, based on 2,603 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. Morpho's current Days Payable of 43.56 is 17.5% 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 Morpho and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morpho's current Days Payable is 43.56, which is 16% above median its own 10-year median of 37.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morpho stock overvalued right now?
Based on GuruFocus' analysis, Morpho (TSE:3653) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,460.13, compared to a current price of 円628.00 — trading 57% below its estimated fair value. The current Days Payable is 43.56, which is 16% above median its 10-year median of 37.65 and 17.5% below the Software industry median of 52.78. Morpho's overall GF Score™ is 57/100 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 Morpho (TSE:3653), the current Days Payable is 43.56 as of Apr. 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 Morpho (TSE:3653) Overvalued in 2026?
Based on GuruFocus' analysis, Morpho stock appears to be undervalued.
The current stock price of 円628.00 is trading 57% below its estimated GF Value™ of 円1,460.13.
GuruFocus considers Morpho to be Significantly Undervalued.
Key valuation signals for TSE:3653:
Days Payable: 43.56 (16% above median its 10-year median of 37.65)
GF Value™: 円1,460.13 vs. price of 円628.00 (57% below fair value)
Industry Position: 17.5% below the Software median (#1510 of 2603)
No single metric tells the full story. See the TSE:3653 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3653 has been successfully added to your 
