Image Information (TSE:3803) Days Payable: 11.59 (As of Mar. 2026) — 30% Below Median

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TSE:3803 Image Information Inc TSE:3803
48 GF Score
Price 円440.00
GF Value 円581.03
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Image Information Days Payable?

Image Information TSE:3803 -6.38% 48 Days Payable is 11.59 as of Mar. 2026, which is 30% below its 10-year median of 16.52. GuruFocus rates TSE:3803 with a GF Score™ of 48/100 and a GF Value™ of 円581.03 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,603 Software companies, Image Information ranks worse than 88.63% on this metric.

Image Information's average Accounts Payable for the six months ended in Mar. 2026 was 円20.7 Mil. Image Information's Cost of Goods Sold for the six months ended in Mar. 2026 was 円325.5 Mil. Hence, Image Information's Days Payable for the six months ended in Mar. 2026 was 11.59.

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

TSE:3803' s Days Payable Range Over the Past 10 Years
Min: 10.36   Med: 16.52   Max: 30.87
Current: 12.92

During the past 13 years, Image Information's highest Days Payable was 30.87. The lowest was 10.36. And the median was 16.52.

TSE:3803's Days Payable is ranked worse than
88.63% of 2603 companies
in the Software industry
Industry Median: 52.78 vs TSE:3803: 12.92

Image Information's Days Payable declined from Mar. 2025 (14.58) to Mar. 2026 (11.59). It may suggest that Image Information accelerated paying its suppliers.


Image Information Days Payable Historical Data

* Premium members only.

The historical data trend for Image Information'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.

Image Information Days Payable Chart

Image Information 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 25.23 27.59 13.95 16.69 10.36

Image Information 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 14.93 13.90 14.58 16.70 11.59

TSE:3803 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Image Information'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.


Image Information Days Payable vs Software Industry

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

* The bar in red indicates where Image Information's Days Payable falls into.


TSE:3803
48GF Score
Image Information Inc TSE:3803
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Image Information 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.

Image Information'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
=( (29.301 + 8.452) / 2 ) / 665.3*365
=18.8765 / 665.3*365
=10.36

Image Information'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
=( (32.894 + 8.452) / 2 ) / 325.451*365 / 2
=20.673 / 325.451*365 / 2
=11.59

* 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 11.59 mean?
Image Information (TSE:3803) has a Days Payable of 11.59 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 Image Information and its competitors. This is 30% below median its historical median of 16.52. Over the past decade, Image Information's Days Payable has ranged from 10.36 to 30.87. According to the industry distribution chart, Image Information ranks #2307 out of 2603 companies in the Software industry, placing it in the top 88.6%.
Is Image Information's Days Payable too high?
Image Information's current Days Payable of 11.59 is 30% below median its 10-year median of 16.52. Over the past 10 years, this metric has ranged from a low of 10.36 to a high of 30.87. The Software industry median Days Payable is 52.78. Image Information's value of 11.59 is 78% below this industry median. Based on the distribution chart, Image Information ranks #2307 out of 2603 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Image Information has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Image Information's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Image Information ranks #2307 out of 2603 companies for Days Payable. This places Image Information in the lower half of its industry. The industry median Days Payable is 52.78. Image Information's value of 11.59 is 78% below this benchmark. Historically, Image Information's own Days Payable has ranged from 10.36 to 30.87 over the past decade. While the company's 10-year median is 16.52 vs. the industry median of 52.78, Image Information 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. Image Information's current Days Payable of 11.59 is 78% 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 Image Information 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. Image Information's current Days Payable is 11.59, which is 30% below median its own 10-year median of 16.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Information stock overvalued right now?
Based on GuruFocus' analysis, Image Information (TSE:3803) is currently considered Modestly Undervalued. The stock's GF Value™ is 円581.03, compared to a current price of 円440.00 — trading 24.3% below its estimated fair value. The current Days Payable is 11.59, which is 30% below median its 10-year median of 16.52 and 78% below the Software industry median of 52.78. Image Information's overall GF Score™ is 48/100 with 3 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 Image Information (TSE:3803), the current Days Payable is 11.59 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 Image Information (TSE:3803) Overvalued in 2026?

Based on GuruFocus' analysis, Image Information stock appears to be undervalued. The current stock price of 円440.00 is trading 24.3% below its estimated GF Value™ of 円581.03. GuruFocus considers Image Information to be Modestly Undervalued.

Key valuation signals for TSE:3803:

  • Days Payable: 11.59 (30% below median its 10-year median of 16.52)
  • GF Value™: 円581.03 vs. price of 円440.00 (24.3% below fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 78% below the Software median (#2307 of 2603)

No single metric tells the full story. See the TSE:3803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Image Information Business Description

Address 2-4-11 Inuzuka Sarugakucho, Inuzuka Building 1st Floor, Tokyo, JPN, 101-0064
Image Information Inc is engaged in delivering high value, low risk document and information management systems to the commercial and government sectors. It also has IT solution business, a nanotechnology business, medical business, sports, and healthcare business. Its product and solutions include Broadom, i-case smart, and easynavi.
48GF Score

Get the complete analysis for TSE:3803

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

円440.00
Price
円581.03
GF Value