Double Standard (TSE:3925) Days Payable: 28.80 (As of Mar. 2026) — 12% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3925 Double Standard Inc TSE:3925
71 GF Score
Price 円1,229.00
GF Value 円1,563.59
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Double Standard Days Payable?

Double Standard TSE:3925 +0.74% 71 Days Payable is 28.80 as of Mar. 2026, which is 12% below its 10-year median of 32.69. GuruFocus rates TSE:3925 with a GF Score™ of 71/100 and a GF Value™ of 円1,563.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,610 Software companies, Double Standard ranks worse than 64.02% on this metric.

Double Standard's average Accounts Payable for the six months ended in Mar. 2026 was 円382 Mil. Double Standard's Cost of Goods Sold for the six months ended in Mar. 2026 was 円2,422 Mil. Hence, Double Standard's Days Payable for the six months ended in Mar. 2026 was 28.80.

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

TSE:3925' s Days Payable Range Over the Past 10 Years
Min: 27.43   Med: 32.69   Max: 61.7
Current: 34.35

During the past 12 years, Double Standard's highest Days Payable was 61.70. The lowest was 27.43. And the median was 32.69.

TSE:3925's Days Payable is ranked worse than
64.02% of 2610 companies
in the Software industry
Industry Median: 52.785 vs TSE:3925: 34.35

Double Standard's Days Payable increased from Mar. 2025 (28.18) to Mar. 2026 (28.80). It may suggest that Double Standard delayed paying its suppliers.


Double Standard Days Payable Historical Data

* Premium members only.

The historical data trend for Double Standard'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.

Double Standard Days Payable Chart

Double Standard Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.43 30.93 30.28 32.10 36.36

Double Standard Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 29.82 29.05 28.18 39.78 28.80

TSE:3925 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Double Standard'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.


Double Standard Days Payable vs Software Industry

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

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


TSE:3925
71GF Score
Double Standard Inc TSE:3925
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Double Standard 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.

Double Standard's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (401.9 + 421.113) / 2 ) / 4131.162*365
=411.5065 / 4131.162*365
=36.36

Double Standard's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (343.235 + 421.113) / 2 ) / 2421.74*365 / 2
=382.174 / 2421.74*365 / 2
=28.80

* 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 28.80 mean?
Double Standard (TSE:3925) has a Days Payable of 28.80 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 Double Standard and its competitors. This is 12% below median its historical median of 32.69. Over the past decade, Double Standard's Days Payable has ranged from 27.43 to 61.70. According to the industry distribution chart, Double Standard ranks #1671 out of 2610 companies in the Software industry, placing it in the top 64%.
Is Double Standard's Days Payable too high?
Double Standard's current Days Payable of 28.80 is 12% below median its 10-year median of 32.69. Over the past 10 years, this metric has ranged from a low of 27.43 to a high of 61.70. The Software industry median Days Payable is 52.79. Double Standard's value of 28.80 is 45.4% below this industry median. Based on the distribution chart, Double Standard ranks #1671 out of 2610 companies in the Software industry, which is below the industry midpoint. Overall, Double Standard has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Double Standard's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Double Standard ranks #1671 out of 2610 companies for Days Payable. This places Double Standard in the lower half of its industry. The industry median Days Payable is 52.79. Double Standard's value of 28.80 is 45.4% below this benchmark. Historically, Double Standard's own Days Payable has ranged from 27.43 to 61.70 over the past decade. While the company's 10-year median is 32.69 vs. the industry median of 52.79, Double Standard 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 52.79, based on 2,610 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. Double Standard's current Days Payable of 28.80 is 45.4% 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 Double Standard and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Double Standard's current Days Payable is 28.80, which is 12% below median its own 10-year median of 32.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Double Standard stock overvalued right now?
Based on GuruFocus' analysis, Double Standard (TSE:3925) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,563.59, compared to a current price of 円1,229.00 — trading 21.4% below its estimated fair value. The current Days Payable is 28.80, which is 12% below median its 10-year median of 32.69 and 45.4% below the Software industry median of 52.79. Double Standard's overall GF Score™ is 71/100 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 Double Standard (TSE:3925), the current Days Payable is 28.80 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 Double Standard (TSE:3925) Overvalued in 2026?

Based on GuruFocus' analysis, Double Standard stock appears to be undervalued. The current stock price of 円1,229.00 is trading 21.4% below its estimated GF Value™ of 円1,563.59. GuruFocus considers Double Standard to be Modestly Undervalued.

Key valuation signals for TSE:3925:

  • Days Payable: 28.80 (12% below median its 10-year median of 32.69)
  • GF Value™: 円1,563.59 vs. price of 円1,229.00 (21.4% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 45.4% below the Software median (#1671 of 2610)

No single metric tells the full story. See the TSE:3925 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Double Standard Business Description

Address 2-2-3 Minamiaoyama, 4th Floor, Hulic Aoyama Gaien Higashidori Building, Minato-ku, Tokyo, JPN, 107-0062
Double Standard Inc is a business support company that generates and provides enterprise Big data. It also provides service planning and system development services using technology developed in the data generation process. The company operates through two business divisions: Big Data related business and the Services Planning Development business. The Big Data related business mainly provides customers the data related to operation support and business reduction, as well as the high utilization value content, among others. The Services Planning Development business mainly provides services based on the research of the way customer and enterprise business process, using information collection, processing, and matching, as well as data cleansing technology.
71GF Score

Get the complete analysis for TSE:3925

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

円1,229.00
Price
円1,563.59
GF Value