Keyware Solutions (TSE:3799) Days Payable: 21.79 (As of Mar. 2026) — Near Median


TSE:3799 Keyware Solutions Inc TSE:3799
70 GF Score
Price 円1,046.00
GF Value 円847.76
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Keyware Solutions Days Payable?

Keyware Solutions TSE:3799 +0.58% 70 Days Payable is 21.79 as of Mar. 2026, which is 8% below its 10-year median of 23.78. GuruFocus rates TSE:3799 with a GF Score™ of 70/100 and a GF Value™ of 円847.76 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,599 Software companies, Keyware Solutions ranks worse than 77.11% on this metric.

Keyware Solutions's average Accounts Payable for the six months ended in Mar. 2026 was 円1,114 Mil. Keyware Solutions's Cost of Goods Sold for the six months ended in Mar. 2026 was 円9,328 Mil. Hence, Keyware Solutions's Days Payable for the six months ended in Mar. 2026 was 21.79.

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

TSE:3799' s Days Payable Range Over the Past 10 Years
Min: 21.05   Med: 23.78   Max: 28.86
Current: 22.7

During the past 13 years, Keyware Solutions's highest Days Payable was 28.86. The lowest was 21.05. And the median was 23.78.

TSE:3799's Days Payable is ranked worse than
77.11% of 2599 companies
in the Software industry
Industry Median: 53.56 vs TSE:3799: 22.70

Keyware Solutions's Days Payable increased from Mar. 2025 (21.32) to Mar. 2026 (21.79). It may suggest that Keyware Solutions delayed paying its suppliers.


Keyware Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Keyware Solutions'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.

Keyware Solutions Days Payable Chart

Keyware Solutions 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 28.86 28.65 24.60 24.45 24.55

Keyware Solutions 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 21.36 22.63 21.32 21.77 21.79

TSE:3799 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Keyware Solutions'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.


Keyware Solutions Days Payable vs Software Industry

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

* The bar in red indicates where Keyware Solutions's Days Payable falls into.


TSE:3799
70GF Score
Keyware Solutions Inc TSE:3799
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Keyware Solutions 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.

Keyware Solutions'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
=( (1137.554 + 1287.934) / 2 ) / 18033.257*365
=1212.744 / 18033.257*365
=24.55

Keyware Solutions'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
=( (939.303 + 1287.934) / 2 ) / 9327.722*365 / 2
=1113.6185 / 9327.722*365 / 2
=21.79

* 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 21.79 mean?
Keyware Solutions (TSE:3799) has a Days Payable of 21.79 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 Keyware Solutions and its competitors. This is near median its historical median of 23.78. Over the past decade, Keyware Solutions' Days Payable has ranged from 21.05 to 28.86. According to the industry distribution chart, Keyware Solutions ranks #2004 out of 2599 companies in the Software industry, placing it in the top 77.1%.
Is Keyware Solutions' Days Payable too high?
Keyware Solutions' current Days Payable of 21.79 is near median its 10-year median of 23.78. Over the past 10 years, this metric has ranged from a low of 21.05 to a high of 28.86. The Software industry median Days Payable is 53.56. Keyware Solutions' value of 21.79 is 59.3% below this industry median. Based on the distribution chart, Keyware Solutions ranks #2004 out of 2599 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Keyware Solutions has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keyware Solutions' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Keyware Solutions ranks #2004 out of 2599 companies for Days Payable. This places Keyware Solutions in the lower half of its industry. The industry median Days Payable is 53.56. Keyware Solutions' value of 21.79 is 59.3% below this benchmark. Historically, Keyware Solutions' own Days Payable has ranged from 21.05 to 28.86 over the past decade. While the company's 10-year median is 23.78 vs. the industry median of 53.56, Keyware Solutions 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 53.56, based on 2,599 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. Keyware Solutions's current Days Payable of 21.79 is 59.3% 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 Keyware Solutions and its competitors. For the Software industry, the median Days Payable is 53.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keyware Solutions's current Days Payable is 21.79, which is near median its own 10-year median of 23.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyware Solutions stock overvalued right now?
Based on GuruFocus' analysis, Keyware Solutions (TSE:3799) is currently considered Modestly Overvalued. The stock's GF Value™ is 円847.76, compared to a current price of 円1,046.00 — trading 23.4% above its estimated fair value. The current Days Payable is 21.79, which is near median its 10-year median of 23.78 and 59.3% below the Software industry median of 53.56. Keyware Solutions' overall GF Score™ is 70/100 with 1 warning sign 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 Keyware Solutions (TSE:3799), the current Days Payable is 21.79 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 Keyware Solutions (TSE:3799) Overvalued in 2026?

Based on GuruFocus' analysis, Keyware Solutions stock appears to be overvalued. The current stock price of 円1,046.00 is trading 23.4% above its estimated GF Value™ of 円847.76. GuruFocus considers Keyware Solutions to be Modestly Overvalued.

Key valuation signals for TSE:3799:

  • Days Payable: 21.79 (near median its 10-year median of 23.78)
  • GF Value™: 円847.76 vs. price of 円1,046.00 (23.4% above fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 59.3% below the Software median (#2004 of 2599)

No single metric tells the full story. See the TSE:3799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keyware Solutions Business Description

Address Kamikitazawa 5-37-18, Setagaya-ku, Tokyo, JPN, 156-8588
Keyware Solutions Inc is a Japan-based Information Technology (IT) service management company. It operates in two divisions including system development business and Integrated IT service business. System development business is mainly engaged in the construction and development of applications and systems related to social infrastructure. Integrated IT service division offers packaged software, hardware and support services. The company mainly caters to financial, distribution, manufacturing, communication, transportation, reporting, medical, government agency, and service industries.
70GF Score

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

円1,046.00
Price
円847.76
GF Value