Fuller (TSE:387A) Days Payable: 9.24 (As of Dec. 2025) — 22% Above Median

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TSE:387A Fuller Inc TSE:387A
19 GF Score
Price 円984.00
! 2 Warning Signs
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What is Fuller Days Payable?

Fuller TSE:387A +0.41% 19 Days Payable is 9.24 as of Dec. 2025, which is 22% above its 10-year median of 7.55. GuruFocus rates TSE:387A with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,603 Software companies, Fuller ranks worse than 92.24% on this metric.

Fuller's average Accounts Payable for the six months ended in Dec. 2025 was 円32 Mil. Fuller's Cost of Goods Sold for the six months ended in Dec. 2025 was 円634 Mil. Hence, Fuller's Days Payable for the six months ended in Dec. 2025 was 9.24.

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

TSE:387A' s Days Payable Range Over the Past 10 Years
Min: 6.63   Med: 7.55   Max: 9.6
Current: 9.6

During the past 5 years, Fuller's highest Days Payable was 9.60. The lowest was 6.63. And the median was 7.55.

TSE:387A's Days Payable is ranked worse than
92.24% of 2603 companies
in the Software industry
Industry Median: 52.78 vs TSE:387A: 9.60

Fuller's Days Payable increased from Dec. 2024 (5.54) to Dec. 2025 (9.24). It may suggest that Fuller delayed paying its suppliers.


Fuller Days Payable Historical Data

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The historical data trend for Fuller'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.

Fuller Days Payable Chart

Fuller Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
9.00 8.93 7.16 6.63 7.55

Fuller Semi-Annual Data
Jun21 Jun22 Jun23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 0.00 5.54 9.49 9.24

TSE:387A vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Fuller'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.


Fuller Days Payable vs Software Industry

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

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


TSE:387A
19GF Score
Fuller Inc TSE:387A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fuller 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.

Fuller's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (17.257 + 30.513) / 2 ) / 1155.251*365
=23.885 / 1155.251*365
=7.55

Fuller's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (30.513 + 33.71) / 2 ) / 634.336*365 / 2
=32.1115 / 634.336*365 / 2
=9.24

* 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 9.24 mean?
Fuller (TSE:387A) has a Days Payable of 9.24 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fuller and its competitors. This is 22% above median its historical median of 7.55. Over the past decade, Fuller's Days Payable has ranged from 6.63 to 9.60. According to the industry distribution chart, Fuller ranks #2401 out of 2603 companies in the Software industry, placing it in the top 92.2%.
Is Fuller's Days Payable too high?
Fuller's current Days Payable of 9.24 is 22% above median its 10-year median of 7.55. Over the past 10 years, this metric has ranged from a low of 6.63 to a high of 9.60. The Software industry median Days Payable is 52.78. Fuller's value of 9.24 is 82.5% below this industry median. Based on the distribution chart, Fuller ranks #2401 out of 2603 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Fuller has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Fuller's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Fuller ranks #2401 out of 2603 companies for Days Payable. This places Fuller in the lower half of its industry. The industry median Days Payable is 52.78. Fuller's value of 9.24 is 82.5% below this benchmark. Historically, Fuller's own Days Payable has ranged from 6.63 to 9.60 over the past decade. While the company's 10-year median is 7.55 vs. the industry median of 52.78, Fuller 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. Fuller's current Days Payable of 9.24 is 82.5% 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 Fuller 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. Fuller's current Days Payable is 9.24, which is 22% above median its own 10-year median of 7.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuller stock overvalued right now?
Fuller (TSE:387A) has a current Days Payable of 9.24. The current Days Payable is 9.24, which is 22% above median its 10-year median of 7.55 and 82.5% below the Software industry median of 52.78. Fuller's overall GF Score™ is 19/100 with 2 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 Fuller (TSE:387A), the current Days Payable is 9.24 as of Dec. 2025. 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.

Fuller Business Description

Address 178-4 Wakashiba, Block148-2 Kashiwa-no-ha, Chiba, Kashiwa, JPN, 277-0871
Fuller Inc has been growing its business with its base set in mobile. Fuller, with its core business centered around what smartphones are used for and analyzing data, operates by giving a great deal of consideration to its clients. In order to increase the value of its clients, the company comprehensively supports the success of mobile businesses of its clients through planning business models, researching competitors, developing and operating applications, analyzing usage data, and compiling tailored reports. The company develops apps by planning new business plans for the mobile generation and shifting existing services to mobile devices.
19GF Score

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円984.00
Price