Atled (TSE:3969) Days Payable: 11.82 (As of Mar. 2026) — 30% Below Median

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TSE:3969 Atled Corp TSE:3969
94 GF Score
Price 円1,406.00
GF Value 円1,722.96
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Atled Days Payable?

Atled TSE:3969 +0.14% 94 Days Payable is 11.82 as of Mar. 2026, which is 30% below its 10-year median of 16.77. GuruFocus rates TSE:3969 with a GF Score™ of 94/100 and a GF Value™ of 円1,722.96 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,605 Software companies, Atled ranks worse than 89.9% on this metric.

Atled's average Accounts Payable for the six months ended in Mar. 2026 was 円34 Mil. Atled's Cost of Goods Sold for the six months ended in Mar. 2026 was 円529 Mil. Hence, Atled's Days Payable for the six months ended in Mar. 2026 was 11.82.

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

TSE:3969' s Days Payable Range Over the Past 10 Years
Min: 5.29   Med: 16.77   Max: 34.26
Current: 11.68

During the past 12 years, Atled's highest Days Payable was 34.26. The lowest was 5.29. And the median was 16.77.

TSE:3969's Days Payable is ranked worse than
89.9% of 2605 companies
in the Software industry
Industry Median: 52.79 vs TSE:3969: 11.68

Atled's Days Payable declined from Mar. 2025 (13.08) to Mar. 2026 (11.82). It may suggest that Atled accelerated paying its suppliers.


Atled Days Payable Historical Data

* Premium members only.

The historical data trend for Atled'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.

Atled Days Payable Chart

Atled 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 21.53 20.65 15.81 13.57 11.26

Atled 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 18.45 14.34 13.08 11.96 11.82

TSE:3969 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Atled'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.


Atled Days Payable vs Software Industry

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

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


TSE:3969
94GF Score
Atled Corp TSE:3969
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atled 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.

Atled'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
=( (31.289 + 32.874) / 2 ) / 1039.683*365
=32.0815 / 1039.683*365
=11.26

Atled'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
=( (35.646 + 32.874) / 2 ) / 529.089*365 / 2
=34.26 / 529.089*365 / 2
=11.82

* 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 11.82 mean?
Atled (TSE:3969) has a Days Payable of 11.82 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 Atled and its competitors. This is 30% below median its historical median of 16.77. Over the past decade, Atled's Days Payable has ranged from 5.29 to 34.26. According to the industry distribution chart, Atled ranks #2342 out of 2605 companies in the Software industry, placing it in the top 89.9%.
Is Atled's Days Payable too high?
Atled's current Days Payable of 11.82 is 30% below median its 10-year median of 16.77. Over the past 10 years, this metric has ranged from a low of 5.29 to a high of 34.26. The Software industry median Days Payable is 52.79. Atled's value of 11.82 is 77.6% below this industry median. Based on the distribution chart, Atled ranks #2342 out of 2605 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Atled has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atled's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Atled ranks #2342 out of 2605 companies for Days Payable. This places Atled in the lower half of its industry. The industry median Days Payable is 52.79. Atled's value of 11.82 is 77.6% below this benchmark. Historically, Atled's own Days Payable has ranged from 5.29 to 34.26 over the past decade. While the company's 10-year median is 16.77 vs. the industry median of 52.79, Atled 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 2,605 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. Atled's current Days Payable of 11.82 is 77.6% 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 Atled 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. Atled's current Days Payable is 11.82, which is 30% below median its own 10-year median of 16.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atled stock overvalued right now?
Based on GuruFocus' analysis, Atled (TSE:3969) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,722.96, compared to a current price of 円1,406.00 — trading 18.4% below its estimated fair value. The current Days Payable is 11.82, which is 30% below median its 10-year median of 16.77 and 77.6% below the Software industry median of 52.79. Atled's overall GF Score™ is 94/100 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 Atled (TSE:3969), the current Days Payable is 11.82 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 Atled (TSE:3969) Overvalued in 2026?

Based on GuruFocus' analysis, Atled stock appears to be undervalued. The current stock price of 円1,406.00 is trading 18.4% below its estimated GF Value™ of 円1,722.96. GuruFocus considers Atled to be Modestly Undervalued.

Key valuation signals for TSE:3969:

  • Days Payable: 11.82 (30% below median its 10-year median of 16.77)
  • GF Value™: 円1,722.96 vs. price of 円1,406.00 (18.4% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 77.6% below the Software median (#2342 of 2605)

No single metric tells the full story. See the TSE:3969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atled Business Description

Address Shibuya Cross Tower, 1st Floor, Shibuya 2-chome 15, Shibuya-ku, Tokyo, JPN, 150-0002
Atled Corp provides information technology services. It is engaged in product development and cloud services. Its products include Agile works, X-point cloud, X-point, Atled work platform.
94GF Score

Get the complete analysis for TSE:3969

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

円1,406.00
Price
円1,722.96
GF Value