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Nomura System CoTSE:3940 -1.54%71 Days Payable is 23.68 as of Jun. 2026, which is 19% below its 10-year median of 29.10. GuruFocus rates TSE:3940 with a GF Score™ of 71/100 and a GF Value™ of 円132.53 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,611 Software companies, Nomura System Co ranks worse than 72.16% on this metric.
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: 43.9
Current: 24.81
During the past 11 years, Nomura System Co's highest Days Payable was 43.90. The lowest was 23.61. And the median was 29.10.
TSE:3940's Days Payable is ranked worse than 72.16% of 2611
companies
in the Software industry
Industry Median: 51.72
vs TSE:3940: 24.81
Nomura System Co's Days Payable
declined
from Jun. 2025 (24.88) to Jun. 2026 (23.68).
It may suggest that Nomura System Coaccelerated paying its suppliers.
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.
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.
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
* 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 (TSE:3940) has a Days Payable of 23.68 as of Jun. 2026. 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. This is 19% below median its historical median of 29.10. Over the past decade, Nomura System Co's Days Payable has ranged from 23.61 to 43.90. According to the industry distribution chart, Nomura System Co ranks #1884 out of 2611 companies in the Software industry, placing it in the top 72.2%.
Is Nomura System Co's Days Payable too high?
Nomura System Co's current Days Payable of 23.68 is 19% below median its 10-year median of 29.10. Over the past 10 years, this metric has ranged from a low of 23.61 to a high of 43.90. The Software industry median Days Payable is 51.72. Nomura System Co's value of 23.68 is 54.2% below this industry median. Based on the distribution chart, Nomura System Co ranks #1884 out of 2611 companies in the Software industry, which is below the industry midpoint. Overall, Nomura System Co has a GF Score™ of 71/100 and is considered Fairly Valued, 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 #1884 out of 2611 companies for Days Payable. This places Nomura System Co in the lower half of its industry. The industry median Days Payable is 51.72. Nomura System Co's value of 23.68 is 54.2% below this benchmark. Historically, Nomura System Co's own Days Payable has ranged from 23.61 to 43.90 over the past decade. While the company's 10-year median is 29.10 vs. the industry median of 51.72, Nomura System 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 51.72, 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. Nomura System Co's current Days Payable of 23.68 is 54.2% 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 Nomura System Co and its competitors. For the Software industry, the median Days Payable is 51.72 — 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 23.68, which is 19% below median its own 10-year median of 29.10. 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 Fairly Valued. The stock's GF Value™ is 円132.53, compared to a current price of 円128.00 — trading 3.4% below its estimated fair value. The current Days Payable is 23.68, which is 19% below median its 10-year median of 29.10 and 54.2% below the Software industry median of 51.72. Nomura System Co's overall GF Score™ is 71/100 with 1 warning sign 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 23.68 as of Jun. 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 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128.00 is trading 3.4% below its estimated GF Value™ of 円132.53.
GuruFocus considers Nomura System Co to be Fairly Valued.
Key valuation signals for TSE:3940:
Days Payable: 23.68 (19% below median its 10-year median of 29.10)
GF Value™: 円132.53 vs. price of 円128.00 (3.4% below fair value)
Industry Position: 54.2% below the Software median (#1884 of 2611)
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 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.
71GF Score
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