atect (TSE:4241) Days Payable: 19.94 (As of Mar. 2026) — 57% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:4241 atect Corp TSE:4241
61 GF Score
Price 円644.00
GF Value 円604.85
Valuation Fairly Valued
! 5 Warning Signs
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What is atect Days Payable?

atect TSE:4241 +0.31% 61 Days Payable is 19.94 as of Mar. 2026, which is 57% below its 10-year median of 46.31. GuruFocus rates TSE:4241 with a GF Score™ of 61/100 and a GF Value™ of 円604.85 (Fairly Valued). The stock has 5 warning signs investors should review. Among 509 Conglomerates companies, atect ranks worse than 90.96% on this metric.

atect's average Accounts Payable for the six months ended in Mar. 2026 was 円116 Mil. atect's Cost of Goods Sold for the six months ended in Mar. 2026 was 円1,061 Mil. Hence, atect's Days Payable for the six months ended in Mar. 2026 was 19.94.

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

TSE:4241' s Days Payable Range Over the Past 10 Years
Min: 20.62   Med: 46.31   Max: 95.6
Current: 20.62

During the past 13 years, atect's highest Days Payable was 95.60. The lowest was 20.62. And the median was 46.31.

TSE:4241's Days Payable is ranked worse than
90.96% of 509 companies
in the Conglomerates industry
Industry Median: 56.18 vs TSE:4241: 20.62

atect's Days Payable declined from Mar. 2025 (24.79) to Mar. 2026 (19.94). It may suggest that atect accelerated paying its suppliers.


atect Days Payable Historical Data

* Premium members only.

The historical data trend for atect'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.

atect Days Payable Chart

atect 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 33.95 29.23 24.41 23.34 21.15

atect 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 26.37 25.26 24.79 20.82 19.94

TSE:4241 vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, atect'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.


atect Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, atect's Days Payable distribution charts can be found below:

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


TSE:4241
61GF Score
atect Corp TSE:4241
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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atect 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.

atect'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
=( (111.183 + 123.422) / 2 ) / 2024.82*365
=117.3025 / 2024.82*365
=21.15

atect'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
=( (108.59 + 123.422) / 2 ) / 1061.474*365 / 2
=116.006 / 1061.474*365 / 2
=19.94

* 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 19.94 mean?
atect (TSE:4241) has a Days Payable of 19.94 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 atect and its competitors. This is 57% below median its historical median of 46.31. Over the past decade, atect's Days Payable has ranged from 20.62 to 95.60. According to the industry distribution chart, atect ranks #463 out of 509 companies in the Conglomerates industry, placing it in the top 91%.
Is atect's Days Payable too high?
atect's current Days Payable of 19.94 is 57% below median its 10-year median of 46.31. Over the past 10 years, this metric has ranged from a low of 20.62 to a high of 95.60. The Conglomerates industry median Days Payable is 56.18. atect's value of 19.94 is 64.5% below this industry median. Based on the distribution chart, atect ranks #463 out of 509 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, atect has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does atect's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, atect ranks #463 out of 509 companies for Days Payable. This places atect in the lower half of its industry. The industry median Days Payable is 56.18. atect's value of 19.94 is 64.5% below this benchmark. Historically, atect's own Days Payable has ranged from 20.62 to 95.60 over the past decade. While the company's 10-year median is 46.31 vs. the industry median of 56.18, atect 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.18, based on 509 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. atect's current Days Payable of 19.94 is 64.5% 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 atect and its competitors. For the Conglomerates industry, the median Days Payable is 56.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. atect's current Days Payable is 19.94, which is 57% below median its own 10-year median of 46.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is atect stock overvalued right now?
Based on GuruFocus' analysis, atect (TSE:4241) is currently considered Fairly Valued. The stock's GF Value™ is 円604.85, compared to a current price of 円644.00 — trading 6.5% above its estimated fair value. The current Days Payable is 19.94, which is 57% below median its 10-year median of 46.31 and 64.5% below the Conglomerates industry median of 56.18. atect's overall GF Score™ is 61/100 with 5 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 atect (TSE:4241), the current Days Payable is 19.94 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 atect (TSE:4241) Overvalued in 2026?

Based on GuruFocus' analysis, atect stock appears to be overvalued. The current stock price of 円644.00 is trading 6.5% above its estimated GF Value™ of 円604.85. GuruFocus considers atect to be Fairly Valued.

Key valuation signals for TSE:4241:

  • Days Payable: 19.94 (57% below median its 10-year median of 46.31)
  • GF Value™: 円604.85 vs. price of 円644.00 (6.5% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 64.5% below the Conglomerates median (#463 of 509)

No single metric tells the full story. See the TSE:4241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


atect Business Description

Address 3275-1, Kami-haneda-cho, Shiga Prefecture, Higashi-omi, JPN, 578-0912
atect Corp is engaged in the sanitary business, which includes hygiene inspection equipment, semiconductor materials business, and PIM business.
61GF Score

Get the complete analysis for TSE:4241

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

円644.00
Price
円604.85
GF Value