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SHANONTSE:3976 -2.58%51 Days Payable is 14.89 as of Oct. 2025, which is 42% below its 10-year median of 25.76. GuruFocus rates TSE:3976 with a GF Score™ of 51/100 and a GF Value™ of 円230.27 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,605 Software companies, SHANON ranks worse than 69.1% on this metric.
SHANON's average Accounts Payable for the
three
months ended in Oct. 2025 was 円34 Mil. SHANON's Cost of Goods Sold for the
three
months ended in Oct. 2025 was 円206 Mil.
Hence, SHANON's Days Payable for the
three
months ended in Oct. 2025 was 14.89.
The historical rank and industry rank for SHANON's Days Payable or its related term are showing as below:
TSE:3976'
s Days Payable Range Over the Past 10 Years
Min: 17.93 Med: 25.76 Max: 40.83
Current: 19.56
During the past 12 years, SHANON's highest Days Payable was 40.83. The lowest was 17.93. And the median was 25.76.
TSE:3976's Days Payable is ranked worse than 69.1% of 2605
companies
in the Software industry
Industry Median: 52.79
vs TSE:3976: 19.56
SHANON's Days Payable
declined
from Jul. 2024 (25.22) to Oct. 2025 (14.89).
It may suggest that SHANONaccelerated paying its suppliers.
SHANON Days Payable Related Terms
SHANON Days Payable Historical Data
* Premium members only.
The historical data trend for SHANON'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:3976 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, SHANON'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.
SHANON Days Payable vs Software Industry
For the Software industry and Technology sector, SHANON's Days Payable distribution charts can be found below:
* The bar in red indicates where SHANON'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.
SHANON's Days Payable for the fiscal year that ended in Oct. 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.
SHANON (TSE:3976) has a Days Payable of 14.89 as of Oct. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SHANON and its competitors. This is 42% below median its historical median of 25.76. Over the past decade, SHANON's Days Payable has ranged from 17.93 to 40.83. According to the industry distribution chart, SHANON ranks #1800 out of 2605 companies in the Software industry, placing it in the top 69.1%.
Is SHANON's Days Payable too high?
SHANON's current Days Payable of 14.89 is 42% below median its 10-year median of 25.76. Over the past 10 years, this metric has ranged from a low of 17.93 to a high of 40.83. The Software industry median Days Payable is 52.79. SHANON's value of 14.89 is 71.8% below this industry median. Based on the distribution chart, SHANON ranks #1800 out of 2605 companies in the Software industry, which is below the industry midpoint. Overall, SHANON has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SHANON's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, SHANON ranks #1800 out of 2605 companies for Days Payable. This places SHANON in the lower half of its industry. The industry median Days Payable is 52.79. SHANON's value of 14.89 is 71.8% below this benchmark. Historically, SHANON's own Days Payable has ranged from 17.93 to 40.83 over the past decade. While the company's 10-year median is 25.76 vs. the industry median of 52.79, SHANON 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. SHANON's current Days Payable of 14.89 is 71.8% 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 SHANON 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. SHANON's current Days Payable is 14.89, which is 42% below median its own 10-year median of 25.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHANON stock overvalued right now?
Based on GuruFocus' analysis, SHANON (TSE:3976) is currently considered Significantly Overvalued. The stock's GF Value™ is 円230.27, compared to a current price of 円567.00 — trading 146.2% above its estimated fair value. The current Days Payable is 14.89, which is 42% below median its 10-year median of 25.76 and 71.8% below the Software industry median of 52.79. SHANON's overall GF Score™ is 51/100 with 3 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 SHANON (TSE:3976), the current Days Payable is 14.89 as of Oct. 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 SHANON (TSE:3976) Overvalued in 2026?
Based on GuruFocus' analysis, SHANON stock appears to be overvalued.
The current stock price of 円567.00 is trading 146.2% above its estimated GF Value™ of 円230.27.
GuruFocus considers SHANON to be Significantly Overvalued.
Key valuation signals for TSE:3976:
Days Payable: 14.89 (42% below median its 10-year median of 25.76)
GF Value™: 円230.27 vs. price of 円567.00 (146.2% above fair value)
Industry Position: 71.8% below the Software median (#1800 of 2605)
No single metric tells the full story. See the TSE:3976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SHANON Inc provides marketing platform and cloud application. It is engaged in the planning, development, and sale of cloud marketing solutions. It is also engaged in the provision of consulting and outsourcing services related to marketing.
51GF Score
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