PATHTSE:3840 -1.54%53 Days Payable is 40.43 as of Mar. 2026, which is 31% below its 10-year median of 58.34. GuruFocus rates TSE:3840 with a GF Score™ of 53/100 and a GF Value™ of 円82.67 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 943 Business Services companies, PATH ranks worse than 51.22% on this metric.
PATH's average Accounts Payable for the
six
months ended in Mar. 2026 was 円134 Mil. PATH's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円607 Mil.
Hence, PATH's Days Payable for the
six
months ended in Mar. 2026 was 40.43.
The historical rank and industry rank for PATH's Days Payable or its related term are showing as below:
TSE:3840'
s Days Payable Range Over the Past 10 Years
Min: 36.88 Med: 58.34 Max: 93.76
Current: 45.23
During the past 13 years, PATH's highest Days Payable was 93.76. The lowest was 36.88. And the median was 58.34.
TSE:3840's Days Payable is ranked worse than 51.22% of 943
companies
in the Business Services industry
Industry Median: 46.84
vs TSE:3840: 45.23
PATH's Days Payable
declined
from Mar. 2025 (58.48) to Mar. 2026 (40.43).
It may suggest that PATHaccelerated paying its suppliers.
PATH Days Payable Related Terms
PATH Days Payable Historical Data
* Premium members only.
The historical data trend for PATH'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:3840 vs CTAS, CPRT, ULS: Days Payable Comparison
For the Specialty Business Services subindustry, PATH'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.
PATH Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, PATH's Days Payable distribution charts can be found below:
* The bar in red indicates where PATH'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.
PATH'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.
PATH (TSE:3840) has a Days Payable of 40.43 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 PATH and its competitors. This is 31% below median its historical median of 58.34. Over the past decade, PATH's Days Payable has ranged from 36.88 to 93.76. According to the industry distribution chart, PATH ranks #483 out of 943 companies in the Business Services industry, placing it in the top 51.2%.
Is PATH's Days Payable too high?
PATH's current Days Payable of 40.43 is 31% below median its 10-year median of 58.34. Over the past 10 years, this metric has ranged from a low of 36.88 to a high of 93.76. The Business Services industry median Days Payable is 46.84. PATH's value of 40.43 is 13.7% below this industry median. Based on the distribution chart, PATH ranks #483 out of 943 companies in the Business Services industry, which is below the industry midpoint. Overall, PATH has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PATH's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PATH ranks #483 out of 943 companies for Days Payable. This places PATH in the lower half of its industry. The industry median Days Payable is 46.84. PATH's value of 40.43 is 13.7% below this benchmark. Historically, PATH's own Days Payable has ranged from 36.88 to 93.76 over the past decade. While the company's 10-year median is 58.34 vs. the industry median of 46.84, PATH 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 Business Services company?
The median Days Payable among Business Services companies is 46.84, based on 943 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. PATH's current Days Payable of 40.43 is 13.7% 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 PATH and its competitors. For the Business Services industry, the median Days Payable is 46.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PATH's current Days Payable is 40.43, which is 31% below median its own 10-year median of 58.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PATH stock overvalued right now?
Based on GuruFocus' analysis, PATH (TSE:3840) is currently considered Modestly Undervalued. The stock's GF Value™ is 円82.67, compared to a current price of 円64.00 — trading 22.6% below its estimated fair value. The current Days Payable is 40.43, which is 31% below median its 10-year median of 58.34 and 13.7% below the Business Services industry median of 46.84. PATH's overall GF Score™ is 53/100 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 PATH (TSE:3840), the current Days Payable is 40.43 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 PATH (TSE:3840) Overvalued in 2026?
Based on GuruFocus' analysis, PATH stock appears to be undervalued.
The current stock price of 円64.00 is trading 22.6% below its estimated GF Value™ of 円82.67.
GuruFocus considers PATH to be Modestly Undervalued.
Key valuation signals for TSE:3840:
Days Payable: 40.43 (31% below median its 10-year median of 58.34)
GF Value™: 円82.67 vs. price of 円64.00 (22.6% below fair value)
Industry Position: 13.7% below the Business Services median (#483 of 943)
No single metric tells the full story. See the TSE:3840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PATH Corp is a business service provider. The company offers consulting services which include planning and proposing new businesses using block chain technology, implementing and introducing systems, and procuring means for new business funds, and mail order related business.
53GF Score
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