R&D Computer Co (TSE:3924) Days Payable: 21.69 (As of Sep. 2025) — Near Median

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TSE:3924 R&D Computer Co Ltd TSE:3924
60 GF Score
Price 円915.00
GF Value 円826.40
! 4 Warning Signs
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What is R&D Computer Co Days Payable?

R&D Computer Co TSE:3924 60 Days Payable is 21.69 as of Sep. 2025, which is 5% above its 10-year median of 20.59. GuruFocus rates TSE:3924 with a GF Score™ of 60/100 and a GF Value™ of 円826.40. The stock has 4 warning signs investors should review.

R&D Computer Co's average Accounts Payable for the six months ended in Sep. 2025 was 円566 Mil. R&D Computer Co's Cost of Goods Sold for the six months ended in Sep. 2025 was 円4,759 Mil. Hence, R&D Computer Co's Days Payable for the six months ended in Sep. 2025 was 21.69.

The historical rank and industry rank for R&D Computer Co's Days Payable or its related term are showing as below:

TSE:3924' s Days Payable Range Over the Past 10 Years
Min: 18.25   Med: 20.59   Max: 31.95
Current: 21.91

During the past 11 years, R&D Computer Co's highest Days Payable was 31.95. The lowest was 18.25. And the median was 20.59.

TSE:3924's Days Payable is not ranked
in the Software industry.
Industry Median: 51.46 vs TSE:3924: 21.91

R&D Computer Co's Days Payable declined from Sep. 2024 (22.09) to Sep. 2025 (21.69). It may suggest that R&D Computer Co accelerated paying its suppliers.


R&D Computer Co Days Payable Historical Data

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The historical data trend for R&D Computer Co'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.

R&D Computer Co Days Payable Chart

R&D Computer Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.91 20.16 19.64 20.30 20.87

R&D Computer Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.43 20.01 22.09 21.92 21.69

TSE:3924 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, R&D Computer Co'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.


R&D Computer Co Days Payable vs Software Industry

For the Software industry and Technology sector, R&D Computer Co's Days Payable distribution charts can be found below:

* The bar in red indicates where R&D Computer Co's Days Payable falls into.


TSE:3924
60GF Score
R&D Computer Co Ltd TSE:3924
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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R&D Computer Co 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.

R&D Computer Co's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (649.063 + 596.407) / 2 ) / 10889.765*365
=622.735 / 10889.765*365
=20.87

R&D Computer Co's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (596.407 + 535.05) / 2 ) / 4759.236*365 / 2
=565.7285 / 4759.236*365 / 2
=21.69

* 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 21.69 mean?
R&D Computer Co (TSE:3924) has a Days Payable of 21.69 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on R&D Computer Co and its competitors. This is near median its historical median of 20.59. Over the past decade, R&D Computer Co's Days Payable has ranged from 18.25 to 31.95.
Is R&D Computer Co's Days Payable too high?
R&D Computer Co's current Days Payable of 21.69 is near median its 10-year median of 20.59. Over the past 10 years, this metric has ranged from a low of 18.25 to a high of 31.95. The Software industry median Days Payable is 51.46. R&D Computer Co's value of 21.69 is 57.9% below this industry median. Overall, R&D Computer Co has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does R&D Computer Co's Days Payable compare to IBM and ACN?
R&D Computer Co's Days Payable of 21.69 can be compared against companies in the Software industry. The industry median Days Payable is 51.46. R&D Computer Co's value of 21.69 is 57.9% below this benchmark. Historically, R&D Computer Co's own Days Payable has ranged from 18.25 to 31.95 over the past decade. While the company's 10-year median is 20.59 vs. the industry median of 51.46, R&D Computer Co 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 51.46, based on 2,599 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. R&D Computer Co's current Days Payable of 21.69 is 57.9% 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 R&D Computer Co and its competitors. For the Software industry, the median Days Payable is 51.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. R&D Computer Co's current Days Payable is 21.69, which is near median its own 10-year median of 20.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is R&D Computer Co stock overvalued right now?
R&D Computer Co (TSE:3924) has a current Days Payable of 21.69. The stock's GF Value™ is 円826.40, compared to a current price of 円915.00 — trading 10.7% above its estimated fair value. The current Days Payable is 21.69, which is near median its 10-year median of 20.59 and 57.9% below the Software industry median of 51.46. R&D Computer Co's overall GF Score™ is 60/100 with 4 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 R&D Computer Co (TSE:3924), the current Days Payable is 21.69 as of Sep. 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.

Is R&D Computer Co (TSE:3924) Overvalued in 2026?

Based on GuruFocus' analysis, R&D Computer Co stock appears to be overvalued. The current stock price of 円915.00 is trading 10.7% above its estimated GF Value™ of 円826.40.

Key valuation signals for TSE:3924:

  • Days Payable: 21.69 (near median its 10-year median of 20.59)
  • GF Value™: 円826.40 vs. price of 円915.00 (10.7% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 57.9% below the Software median

No single metric tells the full story. See the TSE:3924 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


R&D Computer Co Business Description

Address Shibaura, No. 4-chome 13th 23 MS Shibaura Building, Minato-ku, Tokyo, JPN, 108-0023
R&D Computer Co Ltd is an independent system integrator. The Company also provides infrastructure solutions, package solutions, and cloud solutions. It also provides cloud solution, embedded, control system.
60GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円915.00
Price
円826.40
GF Value