The Why How Do Co (TSE:3823) Days Payable: 30.15 (As of Feb. 2026) — 49% Above Median


TSE:3823 The Why How Do Co Inc TSE:3823
44 GF Score
Price 円31.00
GF Value 円59.03
Valuation Possible Value Trap
! 5 Warning Signs
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What is The Why How Do Co Days Payable?

The Why How Do Co TSE:3823 44 Days Payable is 30.15 as of Feb. 2026, which is 49% above its 10-year median of 20.30. GuruFocus rates TSE:3823 with a GF Score™ of 44/100 and a GF Value™ of 円59.03 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,599 Software companies, The Why How Do Co ranks worse than 65.87% on this metric.

The Why How Do Co's average Accounts Payable for the six months ended in Feb. 2026 was 円119 Mil. The Why How Do Co's Cost of Goods Sold for the six months ended in Feb. 2026 was 円721 Mil. Hence, The Why How Do Co's Days Payable for the six months ended in Feb. 2026 was 30.15.

The historical rank and industry rank for The Why How Do Co's Days Payable or its related term are showing as below:

TSE:3823' s Days Payable Range Over the Past 10 Years
Min: 9.97   Med: 20.3   Max: 71.05
Current: 33.39

During the past 13 years, The Why How Do Co's highest Days Payable was 71.05. The lowest was 9.97. And the median was 20.30.

TSE:3823's Days Payable is ranked worse than
65.87% of 2599 companies
in the Software industry
Industry Median: 53.56 vs TSE:3823: 33.39

The Why How Do Co's Days Payable increased from Feb. 2025 (25.57) to Feb. 2026 (30.15). It may suggest that The Why How Do Co delayed paying its suppliers.


The Why How Do Co Days Payable Historical Data

* Premium members only.

The historical data trend for The Why How Do Co'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.

The Why How Do Co Days Payable Chart

The Why How Do Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.22 12.87 9.97 20.68 25.57

The Why How Do Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 13.38 13.36 25.57 36.10 30.15

TSE:3823 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, The Why How Do Co'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.


The Why How Do Co Days Payable vs Software Industry

For the Software industry and Technology sector, The Why How Do Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The Why How Do Co's Days Payable falls into.


TSE:3823
44GF Score
The Why How Do Co Inc TSE:3823
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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The Why How Do Co 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.

The Why How Do Co's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (22.963 + 96.301) / 2 ) / 851.268*365
=59.632 / 851.268*365
=25.57

The Why How Do Co's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (96.301 + 142.025) / 2 ) / 721.202*365 / 2
=119.163 / 721.202*365 / 2
=30.15

* 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 30.15 mean?
The Why How Do Co (TSE:3823) has a Days Payable of 30.15 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on The Why How Do Co and its competitors. This is 49% above median its historical median of 20.30. Over the past decade, The Why How Do Co's Days Payable has ranged from 9.97 to 71.05. According to the industry distribution chart, The Why How Do Co ranks #1712 out of 2599 companies in the Software industry, placing it in the top 65.9%.
Is The Why How Do Co's Days Payable too high?
The Why How Do Co's current Days Payable of 30.15 is 49% above median its 10-year median of 20.30. Over the past 10 years, this metric has ranged from a low of 9.97 to a high of 71.05. The Software industry median Days Payable is 53.56. The Why How Do Co's value of 30.15 is 43.7% below this industry median. Based on the distribution chart, The Why How Do Co ranks #1712 out of 2599 companies in the Software industry, which is below the industry midpoint. Overall, The Why How Do Co has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Why How Do Co's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, The Why How Do Co ranks #1712 out of 2599 companies for Days Payable. This places The Why How Do Co in the lower half of its industry. The industry median Days Payable is 53.56. The Why How Do Co's value of 30.15 is 43.7% below this benchmark. Historically, The Why How Do Co's own Days Payable has ranged from 9.97 to 71.05 over the past decade. While the company's 10-year median is 20.30 vs. the industry median of 53.56, The Why How Do Co 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. The Why How Do Co's current Days Payable of 30.15 is 43.7% 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 The Why How Do Co 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. The Why How Do Co's current Days Payable is 30.15, which is 49% above median its own 10-year median of 20.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Why How Do Co stock overvalued right now?
Based on GuruFocus' analysis, The Why How Do Co (TSE:3823) is currently considered Possible Value Trap. The stock's GF Value™ is 円59.03, compared to a current price of 円31.00 — trading 47.5% below its estimated fair value. The current Days Payable is 30.15, which is 49% above median its 10-year median of 20.30 and 43.7% below the Software industry median of 53.56. The Why How Do Co's overall GF Score™ is 44/100 with 5 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 The Why How Do Co (TSE:3823), the current Days Payable is 30.15 as of Feb. 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 The Why How Do Co (TSE:3823) Overvalued in 2026?

Based on GuruFocus' analysis, The Why How Do Co stock appears to be undervalued. The current stock price of 円31.00 is trading 47.5% below its estimated GF Value™ of 円59.03. GuruFocus considers The Why How Do Co to be Possible Value Trap.

Key valuation signals for TSE:3823:

  • Days Payable: 30.15 (49% above median its 10-year median of 20.30)
  • GF Value™: 円59.03 vs. price of 円31.00 (47.5% below fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 43.7% below the Software median (#1712 of 2599)

No single metric tells the full story. See the TSE:3823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Why How Do Co Business Description

Address 22 Aizumi-cho, Daisan Yamada Building, Shinjuku-ku, Tokyo, JPN, 160-0005
The Why How Do Co Inc formerly Acrodea Inc is a software company. It is mainly engaged in the development of platform services for smartphones and IoT related solutions. In addition, the company provides social game and application related development and services.
44GF Score

Get the complete analysis for TSE:3823

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

円31.00
Price
円59.03
GF Value