FFRI Security (TSE:3692) Days Payable: 30.36 (As of Mar. 2026) — 712% Above Median

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TSE:3692 FFRI Security Inc TSE:3692
86 GF Score
Price 円5,360.00
GF Value 円4,388.19
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is FFRI Security Days Payable?

FFRI Security TSE:3692 +1.71% 86 Days Payable is 30.36 as of Mar. 2026, which is 712% above its 10-year median of 3.74. GuruFocus rates TSE:3692 with a GF Score™ of 86/100 and a GF Value™ of 円4,388.19 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,603 Software companies, FFRI Security ranks worse than 70.73% on this metric.

FFRI Security's average Accounts Payable for the six months ended in Mar. 2026 was 円185 Mil. FFRI Security's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,109 Mil. Hence, FFRI Security's Days Payable for the six months ended in Mar. 2026 was 30.36.

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

TSE:3692' s Days Payable Range Over the Past 10 Years
Min: 0.24   Med: 3.74   Max: 45.97
Current: 27.94

During the past 13 years, FFRI Security's highest Days Payable was 45.97. The lowest was 0.24. And the median was 3.74.

TSE:3692's Days Payable is ranked worse than
70.73% of 2603 companies
in the Software industry
Industry Median: 52.78 vs TSE:3692: 27.94

FFRI Security's Days Payable increased from Mar. 2025 (5.27) to Mar. 2026 (30.36). It may suggest that FFRI Security delayed paying its suppliers.


FFRI Security Days Payable Historical Data

* Premium members only.

The historical data trend for FFRI Security'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.

FFRI Security Days Payable Chart

FFRI Security Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 2.93 4.04 6.58 40.49

FFRI Security Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.63 4.36 5.27 5.58 30.36

TSE:3692 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, FFRI Security'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.


FFRI Security Days Payable vs Software Industry

For the Software industry and Technology sector, FFRI Security's Days Payable distribution charts can be found below:

* The bar in red indicates where FFRI Security's Days Payable falls into.


TSE:3692
86GF Score
FFRI Security Inc TSE:3692
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FFRI Security 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.

FFRI Security's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (23.309 + 355.723) / 2 ) / 1708.48*365
=189.516 / 1708.48*365
=40.49

FFRI Security's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (13.304 + 355.723) / 2 ) / 1109.279*365 / 2
=184.5135 / 1109.279*365 / 2
=30.36

* 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 30.36 mean?
FFRI Security (TSE:3692) has a Days Payable of 30.36 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 FFRI Security and its competitors. This is 712% above median its historical median of 3.74. Over the past decade, FFRI Security's Days Payable has ranged from 0.24 to 45.97. According to the industry distribution chart, FFRI Security ranks #1841 out of 2603 companies in the Software industry, placing it in the top 70.7%.
Is FFRI Security's Days Payable too high?
FFRI Security's current Days Payable of 30.36 is 712% above median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 45.97. The Software industry median Days Payable is 52.78. FFRI Security's value of 30.36 is 42.5% below this industry median. Based on the distribution chart, FFRI Security ranks #1841 out of 2603 companies in the Software industry, which is below the industry midpoint. Overall, FFRI Security has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FFRI Security's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, FFRI Security ranks #1841 out of 2603 companies for Days Payable. This places FFRI Security in the lower half of its industry. The industry median Days Payable is 52.78. FFRI Security's value of 30.36 is 42.5% below this benchmark. Historically, FFRI Security's own Days Payable has ranged from 0.24 to 45.97 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 52.78, FFRI Security 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. FFRI Security's current Days Payable of 30.36 is 42.5% 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 FFRI Security 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. FFRI Security's current Days Payable is 30.36, which is 712% above median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FFRI Security stock overvalued right now?
Based on GuruFocus' analysis, FFRI Security (TSE:3692) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,388.19, compared to a current price of 円5,360.00 — trading 22.1% above its estimated fair value. The current Days Payable is 30.36, which is 712% above median its 10-year median of 3.74 and 42.5% below the Software industry median of 52.78. FFRI Security's overall GF Score™ is 86/100 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 FFRI Security (TSE:3692), the current Days Payable is 30.36 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 FFRI Security (TSE:3692) Overvalued in 2026?

Based on GuruFocus' analysis, FFRI Security stock appears to be overvalued. The current stock price of 円5,360.00 is trading 22.1% above its estimated GF Value™ of 円4,388.19. GuruFocus considers FFRI Security to be Modestly Overvalued.

Key valuation signals for TSE:3692:

  • Days Payable: 30.36 (712% above median its 10-year median of 3.74)
  • GF Value™: 円4,388.19 vs. price of 円5,360.00 (22.1% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 42.5% below the Software median (#1841 of 2603)

No single metric tells the full story. See the TSE:3692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FFRI Security Business Description

Address 3-3-1, Marunouchi, 2nd Floor, Shin-Tokyo Building, Chiyoda-ku, Tokyo, JPN, 100-0005
FFRI Security Inc is engaged in providing computer security research, consulting, information provision, education, network system research, computer software and computer program planning, development, sales, leasing, maintenance, management, operation, and the acquisition, transfer, lending, and management of related property right such as copyrights, patent rights, utility model rights, trademark rights, and design rights.
86GF Score

Get the complete analysis for TSE:3692

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

円5,360.00
Price
円4,388.19
GF Value