Nomura System Co (TSE:3940) Days Payable: 0.00 (As of Dec. 2025)


TSE:3940 Nomura System Corporation Co Ltd TSE:3940
75 GF Score
Price 円117.00
GF Value 円144.21
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Nomura System Co Days Payable?

Nomura System Co TSE:3940 +2.63% 75 Days Payable is 0.00 as of Dec. 2025. GuruFocus rates TSE:3940 with a GF Score™ of 75/100 and a GF Value™ of 円144.21 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,598 Software companies, Nomura System Co ranks worse than 51.62% on this metric.

Nomura System Co's average Accounts Payable for the three months ended in Dec. 2025 was 円183 Mil. Nomura System Co's Cost of Goods Sold for the three months ended in Dec. 2025 was 円0 Mil.

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

TSE:3940' s Days Payable Range Over the Past 10 Years
Min: 23.61   Med: 29.1   Max: 51.93
Current: 51.93

During the past 11 years, Nomura System Co's highest Days Payable was 51.93. The lowest was 23.61. And the median was 29.10.

TSE:3940's Days Payable is ranked worse than
51.62% of 2598 companies
in the Software industry
Industry Median: 53.515 vs TSE:3940: 51.93

Nomura System Co's Days Payable stayed the same from Dec. 2024 (0.00) to Dec. 2025 (0.00). stayed the same


Nomura System Co Days Payable Historical Data

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The historical data trend for Nomura System 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.

Nomura System Co Days Payable Chart

Nomura System Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.61 25.94 28.87 29.32 29.88

Nomura System Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 27.07 24.88 0.00 0.00 26.34

TSE:3940 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Nomura System 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.


Nomura System Co Days Payable vs Software Industry

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

* The bar in red indicates where Nomura System Co's Days Payable falls into.


TSE:3940
75GF Score
Nomura System Corporation Co Ltd TSE:3940
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura System 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.

Nomura System Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (203.155 + 185.834) / 2 ) / 2375.654*365
=194.4945 / 2375.654*365
=29.88

Nomura System Co'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (180.802 + 185.834) / 2 ) / 0*365 / 4
=183.318 / 0*365 / 4
=N/A

* 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 0.00 mean?
Nomura System Co (TSE:3940) has a Days Payable of 0.00 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 Nomura System Co and its competitors. Over the past decade, Nomura System Co's Days Payable has ranged from 23.61 to 51.93. According to the industry distribution chart, Nomura System Co ranks #1341 out of 2598 companies in the Software industry, placing it in the top 51.6%.
Is Nomura System Co's Days Payable too high?
Nomura System Co's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 23.61 to a high of 51.93. Based on the distribution chart, Nomura System Co ranks #1341 out of 2598 companies in the Software industry, which is below the industry midpoint. Overall, Nomura System Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura System Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Nomura System Co ranks #1341 out of 2598 companies for Days Payable. This places Nomura System Co in the lower half of its industry. The industry median Days Payable is 53.52. Historically, Nomura System Co's own Days Payable has ranged from 23.61 to 51.93 over the past decade. 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 53.52, based on 2,598 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. 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 Nomura System Co and its competitors. For the Software industry, the median Days Payable is 53.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura System Co's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura System Co stock overvalued right now?
Based on GuruFocus' analysis, Nomura System Co (TSE:3940) is currently considered Modestly Undervalued. The stock's GF Value™ is 円144.21, compared to a current price of 円117.00 — trading 18.9% below its estimated fair value. The current Days Payable is 0.00. Nomura System Co's overall GF Score™ is 75/100 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 Nomura System Co (TSE:3940), the current Days Payable is 0.00 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.

Is Nomura System Co (TSE:3940) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura System Co stock appears to be undervalued. The current stock price of 円117.00 is trading 18.9% below its estimated GF Value™ of 円144.21. GuruFocus considers Nomura System Co to be Modestly Undervalued.

Key valuation signals for TSE:3940:

  • Days Payable: 0.00
  • GF Value™: 円144.21 vs. price of 円117.00 (18.9% below fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TSE:3940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nomura System Co Business Description

Address Ebisu District, Shibuya-ku, 1-chome third No.1, Asahi Seimei Ebisu building, 7th floor, Tokyo, JPN
Nomura System Corporation Co Ltd provides Erp Consultancy service and Network Consulting Service. It provides AP introduction consulting, SAP maintenance support center administration, RPA/AI consulting and Web system development consulting service.
75GF Score

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

円117.00
Price
円144.21
GF Value