Ad-Sol NissinTSE:3837 +0.62%95 Days Payable is 20.22 as of Mar. 2026, which is 4% below its 10-year median of 21.11. GuruFocus rates TSE:3837 with a GF Score™ of 95/100 and a GF Value™ of 円1,268.33 (Modestly Overvalued). Among 2,598 Software companies, Ad-Sol Nissin ranks worse than 80.06% on this metric.
The historical rank and industry rank for Ad-Sol Nissin's Days Payable or its related term are showing as below:
TSE:3837'
s Days Payable Range Over the Past 10 Years
Min: 19.99 Med: 21.11 Max: 26.33
Current: 20.41
During the past 13 years, Ad-Sol Nissin's highest Days Payable was 26.33. The lowest was 19.99. And the median was 21.11.
TSE:3837's Days Payable is ranked worse than 80.06% of 2598
companies
in the Software industry
Industry Median: 53.675
vs TSE:3837: 20.41
Ad-Sol Nissin's Days Payable
declined
from Mar. 2025 (21.43) to Mar. 2026 (20.22).
It may suggest that Ad-Sol Nissinaccelerated paying its suppliers.
Ad-Sol Nissin Days Payable Related Terms
Ad-Sol Nissin Days Payable Historical Data
* Premium members only.
The historical data trend for Ad-Sol Nissin'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.
TSE:3837 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Ad-Sol Nissin'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.
Ad-Sol Nissin Days Payable vs Software Industry
For the Software industry and Technology sector, Ad-Sol Nissin's Days Payable distribution charts can be found below:
* The bar in red indicates where Ad-Sol Nissin's Days Payable falls into.
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.
Ad-Sol Nissin's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Ad-Sol Nissin (TSE:3837) has a Days Payable of 20.22 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 Ad-Sol Nissin and its competitors. This is near median its historical median of 21.11. Over the past decade, Ad-Sol Nissin's Days Payable has ranged from 19.99 to 26.33. According to the industry distribution chart, Ad-Sol Nissin ranks #2080 out of 2598 companies in the Software industry, placing it in the top 80.1%.
Is Ad-Sol Nissin's Days Payable too high?
Ad-Sol Nissin's current Days Payable of 20.22 is near median its 10-year median of 21.11. Over the past 10 years, this metric has ranged from a low of 19.99 to a high of 26.33. The Software industry median Days Payable is 53.68. Ad-Sol Nissin's value of 20.22 is 62.3% below this industry median. Based on the distribution chart, Ad-Sol Nissin ranks #2080 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Ad-Sol Nissin has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ad-Sol Nissin's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Ad-Sol Nissin ranks #2080 out of 2598 companies for Days Payable. This places Ad-Sol Nissin in the lower half of its industry. The industry median Days Payable is 53.68. Ad-Sol Nissin's value of 20.22 is 62.3% below this benchmark. Historically, Ad-Sol Nissin's own Days Payable has ranged from 19.99 to 26.33 over the past decade. While the company's 10-year median is 21.11 vs. the industry median of 53.68, Ad-Sol Nissin 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 53.68, based on 2,598 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. Ad-Sol Nissin's current Days Payable of 20.22 is 62.3% 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 Ad-Sol Nissin and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ad-Sol Nissin's current Days Payable is 20.22, which is near median its own 10-year median of 21.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ad-Sol Nissin stock overvalued right now?
Based on GuruFocus' analysis, Ad-Sol Nissin (TSE:3837) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,268.33, compared to a current price of 円1,468.00 — trading 15.7% above its estimated fair value. The current Days Payable is 20.22, which is near median its 10-year median of 21.11 and 62.3% below the Software industry median of 53.68. Ad-Sol Nissin's overall GF Score™ is 95/100. 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 Ad-Sol Nissin (TSE:3837), the current Days Payable is 20.22 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 Ad-Sol Nissin (TSE:3837) Overvalued in 2026?
Based on GuruFocus' analysis, Ad-Sol Nissin stock appears to be overvalued.
The current stock price of 円1,468.00 is trading 15.7% above its estimated GF Value™ of 円1,268.33.
GuruFocus considers Ad-Sol Nissin to be Modestly Overvalued.
Key valuation signals for TSE:3837:
Days Payable: 20.22 (near median its 10-year median of 21.11)
GF Value™: 円1,268.33 vs. price of 円1,468.00 (15.7% above fair value)
Industry Position: 62.3% below the Software median (#2080 of 2598)
No single metric tells the full story. See the TSE:3837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ad-Sol Nissin Corp develops information systems for enterprises. The company's segments include: Social Infrastructure Business, Advanced Industry Business. The Social Infrastructure Business develops system integration services in social infrastructures such as energy, road, aerospace, and others. Advanced Industry Business promotes Next Generation EV Vehicle, Industrial Equipment, and others.
95GF Score
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