Medical System Network Co (TSE:4350) Days Payable: 62.30 (As of Mar. 2026) — 10% Above Median


TSE:4350 Medical System Network Co Ltd TSE:4350
61 GF Score
Price 円480.00
GF Value 円522.00
Valuation Fairly Valued
! 4 Warning Signs
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What is Medical System Network Co Days Payable?

Medical System Network Co TSE:4350 +1.48% 61 Days Payable is 62.30 as of Mar. 2026, which is 10% above its 10-year median of 56.82. GuruFocus rates TSE:4350 with a GF Score™ of 61/100 and a GF Value™ of 円522.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 605 Healthcare Providers & Services companies, Medical System Network Co ranks better than 51.74% on this metric.

Medical System Network Co's average Accounts Payable for the three months ended in Mar. 2026 was 円13,602 Mil. Medical System Network Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円19,922 Mil. Hence, Medical System Network Co's Days Payable for the three months ended in Mar. 2026 was 62.30.

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

TSE:4350' s Days Payable Range Over the Past 10 Years
Min: 55.52   Med: 56.82   Max: 62.29
Current: 59.22

During the past 13 years, Medical System Network Co's highest Days Payable was 62.29. The lowest was 55.52. And the median was 56.82.

TSE:4350's Days Payable is ranked better than
51.74% of 605 companies
in the Healthcare Providers & Services industry
Industry Median: 57.51 vs TSE:4350: 59.22

Medical System Network Co's Days Payable declined from Mar. 2025 (64.53) to Mar. 2026 (62.30). It may suggest that Medical System Network Co accelerated paying its suppliers.


Medical System Network Co Days Payable Historical Data

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The historical data trend for Medical System Network 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.

Medical System Network Co Days Payable Chart

Medical System Network 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 55.52 56.26 56.49 57.09 55.67

Medical System Network Co 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 64.53 62.28 58.48 57.67 62.30

Medical System Network Co Days Payable Competitor Comparison

For the Pharmaceutical Retailers subindustry, Medical System Network 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.


Medical System Network Co Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medical System Network Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Medical System Network Co's Days Payable falls into.


TSE:4350
61GF Score
Medical System Network Co Ltd TSE:4350
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Medical System Network 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.

Medical System Network 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
=( (11480 + 12448) / 2 ) / 78441*365
=11964 / 78441*365
=55.67

Medical System Network 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (14755 + 12448) / 2 ) / 19922*365 / 4
=13601.5 / 19922*365 / 4
=62.30

* 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 62.30 mean?
Medical System Network Co (TSE:4350) has a Days Payable of 62.30 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 Medical System Network Co and its competitors. This is 10% above median its historical median of 56.82. Over the past decade, Medical System Network Co's Days Payable has ranged from 55.52 to 62.29. According to the industry distribution chart, Medical System Network Co ranks #292 out of 605 companies in the Healthcare Providers & Services industry, placing it in the top 48.3%.
Is Medical System Network Co's Days Payable too high?
Medical System Network Co's current Days Payable of 62.30 is 10% above median its 10-year median of 56.82. Over the past 10 years, this metric has ranged from a low of 55.52 to a high of 62.29. The Healthcare Providers & Services industry median Days Payable is 57.51. Medical System Network Co's value of 62.30 is 8.3% above this industry median. Based on the distribution chart, Medical System Network Co ranks #292 out of 605 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Medical System Network Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Medical System Network Co's Days Payable compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Medical System Network Co ranks #292 out of 605 companies for Days Payable. This puts Medical System Network Co in the upper half of its industry. The industry median Days Payable is 57.51. Medical System Network Co's value of 62.30 is 8.3% above this benchmark. Historically, Medical System Network Co's own Days Payable has ranged from 55.52 to 62.29 over the past decade. While the company's 10-year median is 56.82 vs. the industry median of 57.51, Medical System Network Co 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 57.51, based on 605 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. Medical System Network Co's current Days Payable of 62.30 is 8.3% 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 Medical System Network Co and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical System Network Co's current Days Payable is 62.30, which is 10% above median its own 10-year median of 56.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical System Network Co stock overvalued right now?
Based on GuruFocus' analysis, Medical System Network Co (TSE:4350) is currently considered Fairly Valued. The stock's GF Value™ is 円522.00, compared to a current price of 円480.00 — trading 8% below its estimated fair value. The current Days Payable is 62.30, which is 10% above median its 10-year median of 56.82 and 8.3% above the Healthcare Providers & Services industry median of 57.51. Medical System Network Co's overall GF Score™ is 61/100 with 4 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 Medical System Network Co (TSE:4350), the current Days Payable is 62.30 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 Medical System Network Co (TSE:4350) Overvalued in 2026?

Based on GuruFocus' analysis, Medical System Network Co stock appears to be undervalued. The current stock price of 円480.00 is trading 8% below its estimated GF Value™ of 円522.00. GuruFocus considers Medical System Network Co to be Fairly Valued.

Key valuation signals for TSE:4350:

  • Days Payable: 62.30 (10% above median its 10-year median of 56.82)
  • GF Value™: 円522.00 vs. price of 円480.00 (8% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 8.3% above the Healthcare Providers & Services median (#292 of 605)

No single metric tells the full story. See the TSE:4350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medical System Network Co Business Description

Address AKK floor Building 6 at 3-chome, Kita 24-jo Nishi 10, Chuo-ku, Sapporo, JPN, 060-0010
Medical System Network Co Ltd is involved in its network business of dispensing pharmacy business. It also operates a network database used by pharmacies to access patients' prescriptions. It operates through the following business divisions: Pharmaceutical Product Network; Dispensing Pharmacy; Leasing and Equipment-related Business; Food Supply business and others.
61GF Score

Get the complete analysis for TSE:4350

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

円480.00
Price
円522.00
GF Value