Cluster Technology Co (TSE:4240) Days Payable: 24.48 (As of Mar. 2026) — 15% Below Median


TSE:4240 Cluster Technology Co Ltd TSE:4240
78 GF Score
Price 円316.00
GF Value 円427.52
Valuation Modestly Undervalued
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What is Cluster Technology Co Days Payable?

Cluster Technology Co TSE:4240 -0.63% 78 Days Payable is 24.48 as of Mar. 2026, which is 15% below its 10-year median of 28.71. GuruFocus rates TSE:4240 with a GF Score™ of 78/100 and a GF Value™ of 円427.52 (Modestly Undervalued). Among 2,436 Hardware companies, Cluster Technology Co ranks worse than 90.39% on this metric.

Cluster Technology Co's average Accounts Payable for the six months ended in Mar. 2026 was 円51 Mil. Cluster Technology Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円383 Mil. Hence, Cluster Technology Co's Days Payable for the six months ended in Mar. 2026 was 24.48.

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

TSE:4240' s Days Payable Range Over the Past 10 Years
Min: 21.88   Med: 28.71   Max: 42.94
Current: 24.96

During the past 13 years, Cluster Technology Co's highest Days Payable was 42.94. The lowest was 21.88. And the median was 28.71.

TSE:4240's Days Payable is ranked worse than
90.39% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs TSE:4240: 24.96

Cluster Technology Co's Days Payable increased from Mar. 2025 (21.03) to Mar. 2026 (24.48). It may suggest that Cluster Technology Co delayed paying its suppliers.


Cluster Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Cluster Technology 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.

Cluster Technology Co Days Payable Chart

Cluster Technology Co 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 30.07 28.81 28.61 31.22 28.11

Cluster Technology Co 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 23.84 26.40 21.03 22.24 24.48

TSE:4240 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Cluster Technology 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.


Cluster Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Cluster Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Cluster Technology Co's Days Payable falls into.


TSE:4240
78GF Score
Cluster Technology Co Ltd TSE:4240
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cluster Technology Co 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.

Cluster Technology Co'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
=( (51.489 + 64.283) / 2 ) / 751.711*365
=57.886 / 751.711*365
=28.11

Cluster Technology Co'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
=( (38.417 + 64.283) / 2 ) / 382.872*365 / 2
=51.35 / 382.872*365 / 2
=24.48

* 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 24.48 mean?
Cluster Technology Co (TSE:4240) has a Days Payable of 24.48 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 Cluster Technology Co and its competitors. This is 15% below median its historical median of 28.71. Over the past decade, Cluster Technology Co's Days Payable has ranged from 21.88 to 42.94. According to the industry distribution chart, Cluster Technology Co ranks #2202 out of 2436 companies in the Hardware industry, placing it in the top 90.4%.
Is Cluster Technology Co's Days Payable too high?
Cluster Technology Co's current Days Payable of 24.48 is 15% below median its 10-year median of 28.71. Over the past 10 years, this metric has ranged from a low of 21.88 to a high of 42.94. The Hardware industry median Days Payable is 69.89. Cluster Technology Co's value of 24.48 is 65% below this industry median. Based on the distribution chart, Cluster Technology Co ranks #2202 out of 2436 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Cluster Technology Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cluster Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Cluster Technology Co ranks #2202 out of 2436 companies for Days Payable. This places Cluster Technology Co in the lower half of its industry. The industry median Days Payable is 69.89. Cluster Technology Co's value of 24.48 is 65% below this benchmark. Historically, Cluster Technology Co's own Days Payable has ranged from 21.88 to 42.94 over the past decade. While the company's 10-year median is 28.71 vs. the industry median of 69.89, Cluster Technology 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,436 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. Cluster Technology Co's current Days Payable of 24.48 is 65% 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 Cluster Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cluster Technology Co's current Days Payable is 24.48, which is 15% below median its own 10-year median of 28.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cluster Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Cluster Technology Co (TSE:4240) is currently considered Modestly Undervalued. The stock's GF Value™ is 円427.52, compared to a current price of 円316.00 — trading 26.1% below its estimated fair value. The current Days Payable is 24.48, which is 15% below median its 10-year median of 28.71 and 65% below the Hardware industry median of 69.89. Cluster Technology Co's overall GF Score™ is 78/100. 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 Cluster Technology Co (TSE:4240), the current Days Payable is 24.48 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 Cluster Technology Co (TSE:4240) Overvalued in 2026?

Based on GuruFocus' analysis, Cluster Technology Co stock appears to be undervalued. The current stock price of 円316.00 is trading 26.1% below its estimated GF Value™ of 円427.52. GuruFocus considers Cluster Technology Co to be Modestly Undervalued.

Key valuation signals for TSE:4240:

  • Days Payable: 24.48 (15% below median its 10-year median of 28.71)
  • GF Value™: 円427.52 vs. price of 円316.00 (26.1% below fair value)
  • GF Score™: 78/100
  • Industry Position: 65% below the Hardware median (#2202 of 2436)

No single metric tells the full story. See the TSE:4240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cluster Technology Co Business Description

Address 4-5-28 Shibukawa-cho, Higashiosaka-shi, Osaka, JPN, 577-0836
Cluster Technology Co Ltd develops and manufactures composite materials and Nano-micromachining including metal mold making. It also manufactures and sale molding dies, plastic molding materials. Its nanotechnology/microtechnology business products include sensor holders for autofocus of digital single lens reflex cameras, peripheral parts of image sensors, base parts of inkjet heads.
78GF Score

Get the complete analysis for TSE:4240

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

円316.00
Price
円427.52
GF Value