Encourage Technologies CoTSE:3682 75 Days Payable is 16.44 as of Mar. 2026, which is 0% below its 10-year median of 16.49. GuruFocus rates TSE:3682 with a GF Score™ of 75/100 and a GF Value™ of 円640.96 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,598 Software companies, Encourage Technologies Co ranks worse than 84.41% on this metric.
* 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:3682 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Encourage Technologies 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.
Encourage Technologies Co Days Payable vs Software Industry
For the Software industry and Technology sector, Encourage Technologies Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Encourage Technologies Co's Days Payable falls into.
Encourage Technologies 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.
Encourage Technologies 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.
Encourage Technologies Co (TSE:3682) has a Days Payable of 16.44 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 Encourage Technologies Co and its competitors. This is near median its historical median of 16.49. Over the past decade, Encourage Technologies Co's Days Payable has ranged from 11.80 to 28.63. According to the industry distribution chart, Encourage Technologies Co ranks #2193 out of 2598 companies in the Software industry, placing it in the top 84.4%.
Is Encourage Technologies Co's Days Payable too high?
Encourage Technologies Co's current Days Payable of 16.44 is near median its 10-year median of 16.49. Over the past 10 years, this metric has ranged from a low of 11.80 to a high of 28.63. The Software industry median Days Payable is 53.52. Encourage Technologies Co's value of 16.44 is 69.3% below this industry median. Based on the distribution chart, Encourage Technologies Co ranks #2193 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Encourage Technologies Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Encourage Technologies Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Encourage Technologies Co ranks #2193 out of 2598 companies for Days Payable. This places Encourage Technologies Co in the lower half of its industry. The industry median Days Payable is 53.52. Encourage Technologies Co's value of 16.44 is 69.3% below this benchmark. Historically, Encourage Technologies Co's own Days Payable has ranged from 11.80 to 28.63 over the past decade. While the company's 10-year median is 16.49 vs. the industry median of 53.52, Encourage Technologies 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 Software company?
The median Days Payable among Software companies is 53.52, based on 2,598 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. Encourage Technologies Co's current Days Payable of 16.44 is 69.3% 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 Encourage Technologies Co and its competitors. For the Software industry, the median Days Payable is 53.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Encourage Technologies Co's current Days Payable is 16.44, which is near median its own 10-year median of 16.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Encourage Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Encourage Technologies Co (TSE:3682) is currently considered Fairly Valued. The stock's GF Value™ is 円640.96, compared to a current price of 円600.00 — trading 6.4% below its estimated fair value. The current Days Payable is 16.44, which is near median its 10-year median of 16.49 and 69.3% below the Software industry median of 53.52. Encourage Technologies Co's overall GF Score™ is 75/100 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 Encourage Technologies Co (TSE:3682), the current Days Payable is 16.44 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 Encourage Technologies Co (TSE:3682) Overvalued in 2026?
Based on GuruFocus' analysis, Encourage Technologies Co stock appears to be undervalued.
The current stock price of 円600.00 is trading 6.4% below its estimated GF Value™ of 円640.96.
GuruFocus considers Encourage Technologies Co to be Fairly Valued.
Key valuation signals for TSE:3682:
Days Payable: 16.44 (near median its 10-year median of 16.49)
GF Value™: 円640.96 vs. price of 円600.00 (6.4% below fair value)
Industry Position: 69.3% below the Software median (#2193 of 2598)
No single metric tells the full story. See the TSE:3682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Encourage Technologies Co Ltd develops software that monitors and audits user activity in IT systems. The company also provides maintenance support after the installation of the software as well consulting services.
75GF Score
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