HIMACSTSE:4299 +1.27%66 Days Payable is 18.29 as of Mar. 2026, which is 2% below its 10-year median of 18.66. GuruFocus rates TSE:4299 with a GF Score™ of 66/100 and a GF Value™ of 円1,473.87 (Modestly Undervalued). Among 2,598 Software companies, HIMACS ranks worse than 82.14% on this metric.
HIMACS's average Accounts Payable for the
six
months ended in Mar. 2026 was 円749 Mil. HIMACS's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円7,468 Mil.
Hence, HIMACS's Days Payable for the
six
months ended in Mar. 2026 was 18.29.
The historical rank and industry rank for HIMACS's Days Payable or its related term are showing as below:
TSE:4299'
s Days Payable Range Over the Past 10 Years
Min: 16.34 Med: 18.66 Max: 19.75
Current: 18.73
During the past 13 years, HIMACS's highest Days Payable was 19.75. The lowest was 16.34. And the median was 18.66.
TSE:4299's Days Payable is ranked worse than 82.14% of 2598
companies
in the Software industry
Industry Median: 53.675
vs TSE:4299: 18.73
HIMACS's Days Payable
increased
from Mar. 2025 (18.20) to Mar. 2026 (18.29).
It may suggest that HIMACSdelayed paying its suppliers.
HIMACS Days Payable Related Terms
HIMACS Days Payable Historical Data
* Premium members only.
The historical data trend for HIMACS'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:4299 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, HIMACS'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.
HIMACS Days Payable vs Software Industry
For the Software industry and Technology sector, HIMACS's Days Payable distribution charts can be found below:
* The bar in red indicates where HIMACS'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.
HIMACS's Days Payable for the fiscal year that ended in Mar. 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.
HIMACS (TSE:4299) has a Days Payable of 18.29 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 HIMACS and its competitors. This is near median its historical median of 18.66. Over the past decade, HIMACS's Days Payable has ranged from 16.34 to 19.75. According to the industry distribution chart, HIMACS ranks #2134 out of 2598 companies in the Software industry, placing it in the top 82.1%.
Is HIMACS's Days Payable too high?
HIMACS's current Days Payable of 18.29 is near median its 10-year median of 18.66. Over the past 10 years, this metric has ranged from a low of 16.34 to a high of 19.75. The Software industry median Days Payable is 53.68. HIMACS's value of 18.29 is 65.9% below this industry median. Based on the distribution chart, HIMACS ranks #2134 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, HIMACS has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HIMACS's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, HIMACS ranks #2134 out of 2598 companies for Days Payable. This places HIMACS in the lower half of its industry. The industry median Days Payable is 53.68. HIMACS's value of 18.29 is 65.9% below this benchmark. Historically, HIMACS's own Days Payable has ranged from 16.34 to 19.75 over the past decade. While the company's 10-year median is 18.66 vs. the industry median of 53.68, HIMACS 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 53.68, based on 2,598 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. HIMACS's current Days Payable of 18.29 is 65.9% 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 HIMACS and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIMACS's current Days Payable is 18.29, which is near median its own 10-year median of 18.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIMACS stock overvalued right now?
Based on GuruFocus' analysis, HIMACS (TSE:4299) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,473.87, compared to a current price of 円1,197.00 — trading 18.8% below its estimated fair value. The current Days Payable is 18.29, which is near median its 10-year median of 18.66 and 65.9% below the Software industry median of 53.68. HIMACS's overall GF Score™ is 66/100. 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 HIMACS (TSE:4299), the current Days Payable is 18.29 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 HIMACS (TSE:4299) Overvalued in 2026?
Based on GuruFocus' analysis, HIMACS stock appears to be undervalued.
The current stock price of 円1,197.00 is trading 18.8% below its estimated GF Value™ of 円1,473.87.
GuruFocus considers HIMACS to be Modestly Undervalued.
Key valuation signals for TSE:4299:
Days Payable: 18.29 (near median its 10-year median of 18.66)
GF Value™: 円1,473.87 vs. price of 円1,197.00 (18.8% below fair value)
Industry Position: 65.9% below the Software median (#2134 of 2598)
No single metric tells the full story. See the TSE:4299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HIMACS Ltd provides defined valued process for various system lifecycles in Japan. Its system solution services include the provision of consulting services, the design and development phase, testing and implementation of operating systems.
66GF Score
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