Appier Group (TSE:4180) Days Payable: 85.22 (As of Mar. 2026) — 26% Above Median

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TSE:4180 Appier Group Inc TSE:4180
64 GF Score
Price 円910.00
GF Value 円2,271.78
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Appier Group Days Payable?

Appier Group TSE:4180 -1.30% 64 Days Payable is 85.22 as of Mar. 2026, which is 26% above its 10-year median of 67.63. GuruFocus rates TSE:4180 with a GF Score™ of 64/100 and a GF Value™ of 円2,271.78 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,608 Software companies, Appier Group ranks better than 59.66% on this metric.

Appier Group's average Accounts Payable for the three months ended in Mar. 2026 was 円5,207 Mil. Appier Group's Cost of Goods Sold for the three months ended in Mar. 2026 was 円5,575 Mil. Hence, Appier Group's Days Payable for the three months ended in Mar. 2026 was 85.22.

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

TSE:4180' s Days Payable Range Over the Past 10 Years
Min: 61.31   Med: 67.63   Max: 78.49
Current: 72.63

During the past 9 years, Appier Group's highest Days Payable was 78.49. The lowest was 61.31. And the median was 67.63.

TSE:4180's Days Payable is ranked better than
59.66% of 2608 companies
in the Software industry
Industry Median: 52.785 vs TSE:4180: 72.63

Appier Group's Days Payable increased from Mar. 2025 (64.34) to Mar. 2026 (85.22). It may suggest that Appier Group delayed paying its suppliers.


Appier Group Days Payable Historical Data

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The historical data trend for Appier Group'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.

Appier Group Days Payable Chart

Appier Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 70.77 64.10 61.31 65.07 78.49

Appier Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 64.34 66.51 67.13 72.82 85.22

TSE:4180 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Appier Group'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.


Appier Group Days Payable vs Software Industry

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

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


TSE:4180
64GF Score
Appier Group Inc TSE:4180
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appier Group 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.

Appier Group'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
=( (3360 + 5336) / 2 ) / 20219*365
=4348 / 20219*365
=78.49

Appier Group'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5336 + 5077) / 2 ) / 5575*365 / 4
=5206.5 / 5575*365 / 4
=85.22

* 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 85.22 mean?
Appier Group (TSE:4180) has a Days Payable of 85.22 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 Appier Group and its competitors. This is 26% above median its historical median of 67.63. Over the past decade, Appier Group's Days Payable has ranged from 61.31 to 78.49. According to the industry distribution chart, Appier Group ranks #1052 out of 2608 companies in the Software industry, placing it in the top 40.3%.
Is Appier Group's Days Payable too high?
Appier Group's current Days Payable of 85.22 is 26% above median its 10-year median of 67.63. Over the past 10 years, this metric has ranged from a low of 61.31 to a high of 78.49. The Software industry median Days Payable is 52.79. Appier Group's value of 85.22 is 61.4% above this industry median. Based on the distribution chart, Appier Group ranks #1052 out of 2608 companies in the Software industry, which is above the industry midpoint. Overall, Appier Group has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Appier Group's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Appier Group ranks #1052 out of 2608 companies for Days Payable. This puts Appier Group in the upper half of its industry. The industry median Days Payable is 52.79. Appier Group's value of 85.22 is 61.4% above this benchmark. Historically, Appier Group's own Days Payable has ranged from 61.31 to 78.49 over the past decade. While the company's 10-year median is 67.63 vs. the industry median of 52.79, Appier Group has consistently been above 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 2,608 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. Appier Group's current Days Payable of 85.22 is 61.4% above 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 Appier Group 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. Appier Group's current Days Payable is 85.22, which is 26% above median its own 10-year median of 67.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appier Group stock overvalued right now?
Based on GuruFocus' analysis, Appier Group (TSE:4180) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,271.78, compared to a current price of 円910.00 — trading 59.9% below its estimated fair value. The current Days Payable is 85.22, which is 26% above median its 10-year median of 67.63 and 61.4% above the Software industry median of 52.79. Appier Group's overall GF Score™ is 64/100 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 Appier Group (TSE:4180), the current Days Payable is 85.22 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 Appier Group (TSE:4180) Overvalued in 2026?

Based on GuruFocus' analysis, Appier Group stock appears to be undervalued. The current stock price of 円910.00 is trading 59.9% below its estimated GF Value™ of 円2,271.78. GuruFocus considers Appier Group to be Significantly Undervalued.

Key valuation signals for TSE:4180:

  • Days Payable: 85.22 (26% above median its 10-year median of 67.63)
  • GF Value™: 円2,271.78 vs. price of 円910.00 (59.9% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 61.4% above the Software median (#1052 of 2608)

No single metric tells the full story. See the TSE:4180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Appier Group Business Description

Other Exchanges APPIF:USA
Address 2-5-1 Atago, Minato-ku, Tokyo, JPN, 105-6240
Appier Group Inc is a technology company that enables businesses with artificial intelligence to grow and succeed based on data-driven decisions. The product portfolio includes: Ad Cloud, Personalization Cloud, Data Cloud, Product Synergy, and Appier AI Agent. The software solutions are used by the following industries: E-Commerce, Retail, Finance & Insurance, gaming, and automobile.
64GF Score

Get the complete analysis for TSE:4180

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

円910.00
Price
円2,271.78
GF Value