FixstarsTSE:3687 +5.82%100 Days Payable is 11.73 as of Mar. 2026, which is 28% below its 10-year median of 16.38. GuruFocus rates TSE:3687 with a GF Score™ of 100/100 and a GF Value™ of 円2,173.56 (Fairly Valued). Among 2,598 Software companies, Fixstars ranks worse than 89.99% on this metric.
Fixstars's average Accounts Payable for the
three
months ended in Mar. 2026 was 円159 Mil. Fixstars's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円1,239 Mil.
Hence, Fixstars's Days Payable for the
three
months ended in Mar. 2026 was 11.73.
The historical rank and industry rank for Fixstars's Days Payable or its related term are showing as below:
TSE:3687'
s Days Payable Range Over the Past 10 Years
Min: 10.15 Med: 16.38 Max: 26.22
Current: 11.46
During the past 13 years, Fixstars's highest Days Payable was 26.22. The lowest was 10.15. And the median was 16.38.
TSE:3687's Days Payable is ranked worse than 89.99% of 2598
companies
in the Software industry
Industry Median: 53.515
vs TSE:3687: 11.46
Fixstars's Days Payable
declined
from Mar. 2025 (12.20) to Mar. 2026 (11.73).
It may suggest that Fixstarsaccelerated paying its suppliers.
Fixstars Days Payable Related Terms
Fixstars Days Payable Historical Data
* Premium members only.
The historical data trend for Fixstars'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:3687 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, Fixstars'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.
Fixstars Days Payable vs Software Industry
For the Software industry and Technology sector, Fixstars's Days Payable distribution charts can be found below:
* The bar in red indicates where Fixstars'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.
Fixstars's Days Payable for the fiscal year that ended in Sep. 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.
Fixstars (TSE:3687) has a Days Payable of 11.73 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 Fixstars and its competitors. This is 28% below median its historical median of 16.38. Over the past decade, Fixstars' Days Payable has ranged from 10.15 to 26.22. According to the industry distribution chart, Fixstars ranks #2338 out of 2598 companies in the Software industry, placing it in the top 90%.
Is Fixstars' Days Payable too high?
Fixstars' current Days Payable of 11.73 is 28% below median its 10-year median of 16.38. Over the past 10 years, this metric has ranged from a low of 10.15 to a high of 26.22. The Software industry median Days Payable is 53.52. Fixstars' value of 11.73 is 78.1% below this industry median. Based on the distribution chart, Fixstars ranks #2338 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Fixstars has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fixstars' Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Fixstars ranks #2338 out of 2598 companies for Days Payable. This places Fixstars in the lower half of its industry. The industry median Days Payable is 53.52. Fixstars' value of 11.73 is 78.1% below this benchmark. Historically, Fixstars' own Days Payable has ranged from 10.15 to 26.22 over the past decade. While the company's 10-year median is 16.38 vs. the industry median of 53.52, Fixstars 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. Fixstars's current Days Payable of 11.73 is 78.1% 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 Fixstars 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. Fixstars's current Days Payable is 11.73, which is 28% below median its own 10-year median of 16.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fixstars stock overvalued right now?
Based on GuruFocus' analysis, Fixstars (TSE:3687) is currently considered Fairly Valued. The stock's GF Value™ is 円2,173.56, compared to a current price of 円2,329.00 — trading 7.2% above its estimated fair value. The current Days Payable is 11.73, which is 28% below median its 10-year median of 16.38 and 78.1% below the Software industry median of 53.52. Fixstars' overall GF Score™ is 100/100. 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 Fixstars (TSE:3687), the current Days Payable is 11.73 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 Fixstars (TSE:3687) Overvalued in 2026?
Based on GuruFocus' analysis, Fixstars stock appears to be overvalued.
The current stock price of 円2,329.00 is trading 7.2% above its estimated GF Value™ of 円2,173.56.
GuruFocus considers Fixstars to be Fairly Valued.
Key valuation signals for TSE:3687:
Days Payable: 11.73 (28% below median its 10-year median of 16.38)
GF Value™: 円2,173.56 vs. price of 円2,329.00 (7.2% above fair value)
Industry Position: 78.1% below the Software median (#2338 of 2598)
No single metric tells the full story. See the TSE:3687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fixstars Corp is a Japan based software company. It offers multicore processors and application acceleration for the next generation of memory technology that delivers high speed IO as well as power savings. The solutions offered by the company are quantum computing, IoT, machine learning and FPGA. It operates in the business areas of Automotive, Flash storage, Industrial equipment, Finance, Healthcare and HPC. The company's products are M-cubed, Geometric Performance Primitives, FlashAir and Yellow Dog Appliance Server.
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