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IRidgeTSE:3917 +1.11%61 Days Payable is 32.20 as of Mar. 2026, which is 15% below its 10-year median of 37.87. GuruFocus rates TSE:3917 with a GF Score™ of 61/100 and a GF Value™ of 円576.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,603 Software companies, IRidge ranks worse than 62.43% on this metric.
IRidge's average Accounts Payable for the
six
months ended in Mar. 2026 was 円459 Mil. IRidge's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円2,599 Mil.
Hence, IRidge's Days Payable for the
six
months ended in Mar. 2026 was 32.20.
The historical rank and industry rank for IRidge's Days Payable or its related term are showing as below:
TSE:3917'
s Days Payable Range Over the Past 10 Years
Min: 21.06 Med: 37.87 Max: 46.23
Current: 36.31
During the past 12 years, IRidge's highest Days Payable was 46.23. The lowest was 21.06. And the median was 37.87.
TSE:3917's Days Payable is ranked worse than 62.43% of 2603
companies
in the Software industry
Industry Median: 52.78
vs TSE:3917: 36.31
IRidge's Days Payable
declined
from Mar. 2025 (35.06) to Mar. 2026 (32.20).
It may suggest that IRidgeaccelerated paying its suppliers.
IRidge Days Payable Related Terms
IRidge Days Payable Historical Data
* Premium members only.
The historical data trend for IRidge'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:3917 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, IRidge'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.
IRidge Days Payable vs Software Industry
For the Software industry and Technology sector, IRidge's Days Payable distribution charts can be found below:
* The bar in red indicates where IRidge'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.
IRidge'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.
IRidge (TSE:3917) has a Days Payable of 32.20 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 IRidge and its competitors. This is 15% below median its historical median of 37.87. Over the past decade, IRidge's Days Payable has ranged from 21.06 to 46.23. According to the industry distribution chart, IRidge ranks #1625 out of 2603 companies in the Software industry, placing it in the top 62.4%.
Is IRidge's Days Payable too high?
IRidge's current Days Payable of 32.20 is 15% below median its 10-year median of 37.87. Over the past 10 years, this metric has ranged from a low of 21.06 to a high of 46.23. The Software industry median Days Payable is 52.78. IRidge's value of 32.20 is 39% below this industry median. Based on the distribution chart, IRidge ranks #1625 out of 2603 companies in the Software industry, which is below the industry midpoint. Overall, IRidge has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRidge's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, IRidge ranks #1625 out of 2603 companies for Days Payable. This places IRidge in the lower half of its industry. The industry median Days Payable is 52.78. IRidge's value of 32.20 is 39% below this benchmark. Historically, IRidge's own Days Payable has ranged from 21.06 to 46.23 over the past decade. While the company's 10-year median is 37.87 vs. the industry median of 52.78, IRidge 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. IRidge's current Days Payable of 32.20 is 39% 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 IRidge 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. IRidge's current Days Payable is 32.20, which is 15% below median its own 10-year median of 37.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRidge stock overvalued right now?
Based on GuruFocus' analysis, IRidge (TSE:3917) is currently considered Modestly Undervalued. The stock's GF Value™ is 円576.09, compared to a current price of 円457.00 — trading 20.7% below its estimated fair value. The current Days Payable is 32.20, which is 15% below median its 10-year median of 37.87 and 39% below the Software industry median of 52.78. IRidge's overall GF Score™ is 61/100 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 IRidge (TSE:3917), the current Days Payable is 32.20 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 IRidge (TSE:3917) Overvalued in 2026?
Based on GuruFocus' analysis, IRidge stock appears to be undervalued.
The current stock price of 円457.00 is trading 20.7% below its estimated GF Value™ of 円576.09.
GuruFocus considers IRidge to be Modestly Undervalued.
Key valuation signals for TSE:3917:
Days Payable: 32.20 (15% below median its 10-year median of 37.87)
GF Value™: 円576.09 vs. price of 円457.00 (20.7% below fair value)
Industry Position: 39% below the Software median (#1625 of 2603)
No single metric tells the full story. See the TSE:3917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRidge Inc is engaged in the planning, development, and support of smartphone applications, digital services, and local currency platforms. The company operates through three segments: the Application Business, which handles app development and operation; the Business Production Business, which offers end-to-end support from business strategy and DX planning to service development and growth hacking; and the Fintech Business, which manages the digital local currency platform Money Easy.
61GF Score
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