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.
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.
AppiritsTSE:4174 +3.54%77 Days Payable is 14.10 as of Jan. 2026, which is 50% above its 10-year median of 9.40. GuruFocus rates TSE:4174 with a GF Score™ of 77/100 and a GF Value™ of 円1,088.57 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,610 Software companies, Appirits ranks worse than 86.44% on this metric.
Appirits's average Accounts Payable for the
three
months ended in Jan. 2026 was 円317 Mil. Appirits's Cost of Goods Sold for the
three
months ended in Jan. 2026 was 円2,053 Mil.
Hence, Appirits's Days Payable for the
three
months ended in Jan. 2026 was 14.10.
The historical rank and industry rank for Appirits's Days Payable or its related term are showing as below:
TSE:4174'
s Days Payable Range Over the Past 10 Years
Min: 2.48 Med: 9.4 Max: 18.34
Current: 14.43
During the past 8 years, Appirits's highest Days Payable was 18.34. The lowest was 2.48. And the median was 9.40.
TSE:4174's Days Payable is ranked worse than 86.44% of 2610
companies
in the Software industry
Industry Median: 51.765
vs TSE:4174: 14.43
Appirits's Days Payable
increased
from Jan. 2025 (0.00) to Jan. 2026 (14.10).
It may suggest that Appiritsdelayed paying its suppliers.
The historical data trend for Appirits'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:4174 vs QH, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Appirits'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.
Appirits Days Payable vs Software Industry
For the Software industry and Technology sector, Appirits's Days Payable distribution charts can be found below:
* The bar in red indicates where Appirits'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.
Appirits's Days Payable for the fiscal year that ended in Jan. 2026 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.
Appirits (TSE:4174) has a Days Payable of 14.10 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Appirits and its competitors. This is 50% above median its historical median of 9.40. Over the past decade, Appirits' Days Payable has ranged from 2.48 to 18.34. According to the industry distribution chart, Appirits ranks #2256 out of 2610 companies in the Software industry, placing it in the top 86.4%.
Is Appirits' Days Payable too high?
Appirits' current Days Payable of 14.10 is 50% above median its 10-year median of 9.40. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 18.34. The Software industry median Days Payable is 51.77. Appirits' value of 14.10 is 72.8% below this industry median. Based on the distribution chart, Appirits ranks #2256 out of 2610 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Appirits has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Appirits' Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Appirits ranks #2256 out of 2610 companies for Days Payable. This places Appirits in the lower half of its industry. The industry median Days Payable is 51.77. Appirits' value of 14.10 is 72.8% below this benchmark. Historically, Appirits' own Days Payable has ranged from 2.48 to 18.34 over the past decade. While the company's 10-year median is 9.40 vs. the industry median of 51.77, Appirits 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 51.77, 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. Appirits's current Days Payable of 14.10 is 72.8% 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 Appirits and its competitors. For the Software industry, the median Days Payable is 51.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appirits's current Days Payable is 14.10, which is 50% above median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appirits stock overvalued right now?
Based on GuruFocus' analysis, Appirits (TSE:4174) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,088.57, compared to a current price of 円789.00 — trading 27.5% below its estimated fair value. The current Days Payable is 14.10, which is 50% above median its 10-year median of 9.40 and 72.8% below the Software industry median of 51.77. Appirits' overall GF Score™ is 77/100 with 7 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 Appirits (TSE:4174), the current Days Payable is 14.10 as of Jan. 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 Appirits (TSE:4174) Overvalued in 2026?
Based on GuruFocus' analysis, Appirits stock appears to be undervalued.
The current stock price of 円789.00 is trading 27.5% below its estimated GF Value™ of 円1,088.57.
GuruFocus considers Appirits to be Modestly Undervalued.
Key valuation signals for TSE:4174:
Days Payable: 14.10 (50% above median its 10-year median of 9.40)
GF Value™: 円1,088.57 vs. price of 円789.00 (27.5% below fair value)
Industry Position: 72.8% below the Software median (#2256 of 2610)
No single metric tells the full story. See the TSE:4174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4174 has been successfully added to your 
