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CTS CoTSE:4345 +0.36%86 Days Payable is 36.23 as of Mar. 2026, which is 8% below its 10-year median of 39.56. GuruFocus rates TSE:4345 with a GF Score™ of 86/100 and a GF Value™ of 円938.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 946 Business Services companies, CTS Co ranks worse than 56.55% on this metric.
CTS Co's average Accounts Payable for the
three
months ended in Mar. 2026 was 円590 Mil. CTS Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円1,486 Mil.
Hence, CTS Co's Days Payable for the
three
months ended in Mar. 2026 was 36.23.
The historical rank and industry rank for CTS Co's Days Payable or its related term are showing as below:
TSE:4345'
s Days Payable Range Over the Past 10 Years
Min: 32.03 Med: 39.56 Max: 92.55
Current: 36.91
During the past 13 years, CTS Co's highest Days Payable was 92.55. The lowest was 32.03. And the median was 39.56.
TSE:4345's Days Payable is ranked worse than 56.55% of 946
companies
in the Business Services industry
Industry Median: 43.895
vs TSE:4345: 36.91
CTS Co's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (36.23).
It may suggest that CTS Codelayed paying its suppliers.
The historical data trend for CTS 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.
TSE:4345 vs URI, SUNB, AER: Days Payable Comparison
For the Rental & Leasing Services subindustry, CTS 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.
CTS Co Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, CTS Co's Days Payable distribution charts can be found below:
* The bar in red indicates where CTS Co'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.
CTS Co'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.
CTS Co (TSE:4345) has a Days Payable of 36.23 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 CTS Co and its competitors. This is near median its historical median of 39.56. Over the past decade, CTS Co's Days Payable has ranged from 32.03 to 92.55. According to the industry distribution chart, CTS Co ranks #535 out of 946 companies in the Business Services industry, placing it in the top 56.6%.
Is CTS Co's Days Payable too high?
CTS Co's current Days Payable of 36.23 is near median its 10-year median of 39.56. Over the past 10 years, this metric has ranged from a low of 32.03 to a high of 92.55. The Business Services industry median Days Payable is 43.90. CTS Co's value of 36.23 is 17.5% below this industry median. Based on the distribution chart, CTS Co ranks #535 out of 946 companies in the Business Services industry, which is below the industry midpoint. Overall, CTS Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CTS Co's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, CTS Co ranks #535 out of 946 companies for Days Payable. This places CTS Co in the lower half of its industry. The industry median Days Payable is 43.90. CTS Co's value of 36.23 is 17.5% below this benchmark. Historically, CTS Co's own Days Payable has ranged from 32.03 to 92.55 over the past decade. While the company's 10-year median is 39.56 vs. the industry median of 43.90, CTS 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 Business Services company?
The median Days Payable among Business Services companies is 43.90, based on 946 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. CTS Co's current Days Payable of 36.23 is 17.5% 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 CTS Co and its competitors. For the Business Services industry, the median Days Payable is 43.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTS Co's current Days Payable is 36.23, which is near median its own 10-year median of 39.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTS Co stock overvalued right now?
Based on GuruFocus' analysis, CTS Co (TSE:4345) is currently considered Modestly Undervalued. The stock's GF Value™ is 円938.93, compared to a current price of 円847.00 — trading 9.8% below its estimated fair value. The current Days Payable is 36.23, which is near median its 10-year median of 39.56 and 17.5% below the Business Services industry median of 43.90. CTS Co's overall GF Score™ is 86/100 with 2 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 CTS Co (TSE:4345), the current Days Payable is 36.23 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 CTS Co (TSE:4345) Overvalued in 2026?
Based on GuruFocus' analysis, CTS Co stock appears to be undervalued.
The current stock price of 円847.00 is trading 9.8% below its estimated GF Value™ of 円938.93.
GuruFocus considers CTS Co to be Modestly Undervalued.
Key valuation signals for TSE:4345:
Days Payable: 36.23 (near median its 10-year median of 39.56)
GF Value™: 円938.93 vs. price of 円847.00 (9.8% below fair value)
Industry Position: 17.5% below the Business Services median (#535 of 946)
No single metric tells the full story. See the TSE:4345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CTS Co Ltd is engaged in construction ICT, system business, survey measurement business, house furniture business and environmental safety business. The company's segments are: DDS Business; SMS Business; and SH Business.
86GF Score
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