FFRI Security (TSE:3692) Days Payable: 24.46 (As of Mar. 2026) — 554% Above Median

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TSE:3692 FFRI Security Inc TSE:3692
85 GF Score
Price 円5,710.00
GF Value 円4,285.70
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is FFRI Security Days Payable?

FFRI Security TSE:3692 +1.78% 85 Days Payable is 24.46 as of Mar. 2026, which is 554% above its 10-year median of 3.74. GuruFocus rates TSE:3692 with a GF Score™ of 85/100 and a GF Value™ of 円4,285.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,606 Software companies, FFRI Security ranks worse than 83.31% on this metric.

FFRI Security's average Accounts Payable for the three months ended in Mar. 2026 was 円186 Mil. FFRI Security's Cost of Goods Sold for the three months ended in Mar. 2026 was 円693 Mil. Hence, FFRI Security's Days Payable for the three months ended in Mar. 2026 was 24.46.

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: 16.71

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
83.31% of 2606 companies
in the Software industry
Industry Median: 51.815 vs TSE:3692: 16.71

FFRI Security's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (24.46). 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 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.06 2.86 3.20 24.46 55.24

TSE:3692 vs QH, SHOP, UBER: 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
85GF 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (15.88 + 355.723) / 2 ) / 693.143*365 / 4
=185.8015 / 693.143*365 / 4
=24.46

* 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 24.46 mean?
FFRI Security (TSE:3692) has a Days Payable of 24.46 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 554% 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 #2171 out of 2606 companies in the Software industry, placing it in the top 83.3%.
Is FFRI Security's Days Payable too high?
FFRI Security's current Days Payable of 24.46 is 554% 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 51.82. FFRI Security's value of 24.46 is 52.8% below this industry median. Based on the distribution chart, FFRI Security ranks #2171 out of 2606 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, FFRI Security has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FFRI Security's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, FFRI Security ranks #2171 out of 2606 companies for Days Payable. This places FFRI Security in the lower half of its industry. The industry median Days Payable is 51.82. FFRI Security's value of 24.46 is 52.8% 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 51.82, 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 51.82, based on 2,606 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 24.46 is 52.8% 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 51.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FFRI Security's current Days Payable is 24.46, which is 554% 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 Significantly Overvalued. The stock's GF Value™ is 円4,285.70, compared to a current price of 円5,710.00 — trading 33.2% above its estimated fair value. The current Days Payable is 24.46, which is 554% above median its 10-year median of 3.74 and 52.8% below the Software industry median of 51.82. FFRI Security's overall GF Score™ is 85/100 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 24.46 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5,710.00 is trading 33.2% above its estimated GF Value™ of 円4,285.70. GuruFocus considers FFRI Security to be Significantly Overvalued.

Key valuation signals for TSE:3692:

  • Days Payable: 24.46 (554% above median its 10-year median of 3.74)
  • GF Value™: 円4,285.70 vs. price of 円5,710.00 (33.2% above fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 52.8% below the Software median (#2171 of 2606)

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.
85GF 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5,710.00
Price
円4,285.70
GF Value