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ShowcaseTSE:3909 -0.49%52 Days Payable is 0.78 as of Mar. 2026, which is 96% below its 10-year median of 21.97. GuruFocus rates TSE:3909 with a GF Score™ of 52/100 and a GF Value™ of 円141.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,611 Software companies, Showcase ranks worse than 97.63% on this metric.
Showcase's average Accounts Payable for the
three
months ended in Mar. 2026 was 円14 Mil. Showcase's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円1,676 Mil.
Hence, Showcase's Days Payable for the
three
months ended in Mar. 2026 was 0.78.
The historical rank and industry rank for Showcase's Days Payable or its related term are showing as below:
TSE:3909'
s Days Payable Range Over the Past 10 Years
Min: 2.62 Med: 21.97 Max: 83.03
Current: 3.24
During the past 12 years, Showcase's highest Days Payable was 83.03. The lowest was 2.62. And the median was 21.97.
TSE:3909's Days Payable is ranked worse than 97.63% of 2611
companies
in the Software industry
Industry Median: 52.64
vs TSE:3909: 3.24
Showcase's Days Payable
increased
from Dec. 2024 (0.00) to Mar. 2026 (0.78).
It may suggest that Showcasedelayed paying its suppliers.
The historical data trend for Showcase'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:3909 vs QH, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Showcase'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.
Showcase Days Payable vs Software Industry
For the Software industry and Technology sector, Showcase's Days Payable distribution charts can be found below:
* The bar in red indicates where Showcase'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.
Showcase's Days Payable for the fiscal year that ended in Dec. 2024 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.
Showcase (TSE:3909) has a Days Payable of 0.78 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 Showcase and its competitors. This is 96% below median its historical median of 21.97. Over the past decade, Showcase's Days Payable has ranged from 2.62 to 83.03. According to the industry distribution chart, Showcase ranks #2549 out of 2611 companies in the Software industry, placing it in the top 97.6%.
Is Showcase's Days Payable too high?
Showcase's current Days Payable of 0.78 is 96% below median its 10-year median of 21.97. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 83.03. The Software industry median Days Payable is 52.64. Showcase's value of 0.78 is 98.5% below this industry median. Based on the distribution chart, Showcase ranks #2549 out of 2611 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Showcase has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Showcase's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Showcase ranks #2549 out of 2611 companies for Days Payable. This places Showcase in the lower half of its industry. The industry median Days Payable is 52.64. Showcase's value of 0.78 is 98.5% below this benchmark. Historically, Showcase's own Days Payable has ranged from 2.62 to 83.03 over the past decade. While the company's 10-year median is 21.97 vs. the industry median of 52.64, Showcase 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 52.64, based on 2,611 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. Showcase's current Days Payable of 0.78 is 98.5% 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 Showcase and its competitors. For the Software industry, the median Days Payable is 52.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Showcase's current Days Payable is 0.78, which is 96% below median its own 10-year median of 21.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showcase stock overvalued right now?
Based on GuruFocus' analysis, Showcase (TSE:3909) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.59, compared to a current price of 円203.00 — trading 43.4% above its estimated fair value. The current Days Payable is 0.78, which is 96% below median its 10-year median of 21.97 and 98.5% below the Software industry median of 52.64. Showcase's overall GF Score™ is 52/100 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 Showcase (TSE:3909), the current Days Payable is 0.78 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 Showcase (TSE:3909) Overvalued in 2026?
Based on GuruFocus' analysis, Showcase stock appears to be overvalued.
The current stock price of 円203.00 is trading 43.4% above its estimated GF Value™ of 円141.59.
GuruFocus considers Showcase to be Significantly Overvalued.
Key valuation signals for TSE:3909:
Days Payable: 0.78 (96% below median its 10-year median of 21.97)
GF Value™: 円141.59 vs. price of 円203.00 (43.4% above fair value)
Industry Position: 98.5% below the Software median (#2549 of 2611)
No single metric tells the full story. See the TSE:3909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Showcase Inc is engaged in web marketing services. Its operations are carried out through the following business segments: DX Cloud Business, Advertising and Media Business, Investment-related Business, and Information and Communications-related Business. The DX Cloud Business is engaged in the SaaS business. The Advertising and Media Business operates owned media and affiliate advertising. The Investment-related business provides SmartPitch, an online matching platform by Showcase Capital Inc., connecting startups with operating companies, VCs, and CVCs, while also supporting startup growth and fundraising for listed companies. The Information and Communications Related Business is engaged in the sale of used smartphones.
52GF Score
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