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V-cubeTSE:3681 -10.00%17 Days Payable is 25.19 as of Dec. 2025, which is 16% below its 10-year median of 30.07. GuruFocus rates TSE:3681 with a GF Score™ of 17/100 and a GF Value™ of 円194.77 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,605 Software companies, V-cube ranks worse than 73.97% on this metric.
V-cube's average Accounts Payable for the
six
months ended in Dec. 2025 was 円439 Mil. V-cube's Cost of Goods Sold for the
six
months ended in Dec. 2025 was 円3,180 Mil.
Hence, V-cube's Days Payable for the
six
months ended in Dec. 2025 was 25.19.
The historical rank and industry rank for V-cube's Days Payable or its related term are showing as below:
TSE:3681'
s Days Payable Range Over the Past 10 Years
Min: 24.45 Med: 30.07 Max: 46.2
Current: 25.05
During the past 13 years, V-cube's highest Days Payable was 46.20. The lowest was 24.45. And the median was 30.07.
TSE:3681's Days Payable is ranked worse than 73.97% of 2605
companies
in the Software industry
Industry Median: 52.79
vs TSE:3681: 25.05
V-cube's Days Payable
increased
from Dec. 2024 (23.18) to Dec. 2025 (25.19).
It may suggest that V-cubedelayed paying its suppliers.
V-cube Days Payable Related Terms
V-cube Days Payable Historical Data
* Premium members only.
The historical data trend for V-cube'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:3681 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, V-cube'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.
V-cube Days Payable vs Software Industry
For the Software industry and Technology sector, V-cube's Days Payable distribution charts can be found below:
* The bar in red indicates where V-cube'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.
V-cube's Days Payable for the fiscal year that ended in Dec. 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.
V-cube (TSE:3681) has a Days Payable of 25.19 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on V-cube and its competitors. This is 16% below median its historical median of 30.07. Over the past decade, V-cube's Days Payable has ranged from 24.45 to 46.20. According to the industry distribution chart, V-cube ranks #1927 out of 2605 companies in the Software industry, placing it in the top 74%.
Is V-cube's Days Payable too high?
V-cube's current Days Payable of 25.19 is 16% below median its 10-year median of 30.07. Over the past 10 years, this metric has ranged from a low of 24.45 to a high of 46.20. The Software industry median Days Payable is 52.79. V-cube's value of 25.19 is 52.3% below this industry median. Based on the distribution chart, V-cube ranks #1927 out of 2605 companies in the Software industry, which is below the industry midpoint. Overall, V-cube has a GF Score™ of 17/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does V-cube's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, V-cube ranks #1927 out of 2605 companies for Days Payable. This places V-cube in the lower half of its industry. The industry median Days Payable is 52.79. V-cube's value of 25.19 is 52.3% below this benchmark. Historically, V-cube's own Days Payable has ranged from 24.45 to 46.20 over the past decade. While the company's 10-year median is 30.07 vs. the industry median of 52.79, V-cube 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 2,605 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. V-cube's current Days Payable of 25.19 is 52.3% 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 V-cube 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. V-cube's current Days Payable is 25.19, which is 16% below median its own 10-year median of 30.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-cube stock overvalued right now?
Based on GuruFocus' analysis, V-cube (TSE:3681) is currently considered Possible Value Trap. The stock's GF Value™ is 円194.77, compared to a current price of 円9.00 — trading 95.4% below its estimated fair value. The current Days Payable is 25.19, which is 16% below median its 10-year median of 30.07 and 52.3% below the Software industry median of 52.79. V-cube's overall GF Score™ is 17/100 with 5 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 V-cube (TSE:3681), the current Days Payable is 25.19 as of Dec. 2025. 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 V-cube (TSE:3681) Overvalued in 2026?
Based on GuruFocus' analysis, V-cube stock appears to be undervalued.
The current stock price of 円9.00 is trading 95.4% below its estimated GF Value™ of 円194.77.
GuruFocus considers V-cube to be Possible Value Trap.
Key valuation signals for TSE:3681:
Days Payable: 25.19 (16% below median its 10-year median of 30.07)
GF Value™: 円194.77 vs. price of 円9.00 (95.4% below fair value)
Industry Position: 52.3% below the Software median (#1927 of 2605)
No single metric tells the full story. See the TSE:3681 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V-cube Inc operates in three segments, namely Event DX, Third Place DX, and Enterprise DX. Event DX Business includes remoting events in various fields; and Product provision, operational design, direction operation, log analysis, and other operational support. Third Place DX Business includes providing Telecube to companies and the public sector; and Higher value-added Telecube and development and deployment of third-place management and operation system. Enterprise DX business includes remote communication products for internal and external companies; and development, provision, and operational support of industry/application-specific remote communication products using SDK and hardware.
17GF Score
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