Simplex Holdings (TSE:4373) Days Payable: 37.31 (As of Mar. 2026) — Near Median


TSE:4373 Simplex Holdings Inc TSE:4373
94 GF Score
Price 円1,020.00
GF Value 円1,080.38
Valuation Fairly Valued
View Full Analysis

What is Simplex Holdings Days Payable?

Simplex Holdings TSE:4373 +0.20% 94 Days Payable is 37.31 as of Mar. 2026, which is 8% below its 10-year median of 40.58. GuruFocus rates TSE:4373 with a GF Score™ of 94/100 and a GF Value™ of 円1,080.38 (Fairly Valued). Among 2,598 Software companies, Simplex Holdings ranks worse than 62.51% on this metric.

Simplex Holdings's average Accounts Payable for the three months ended in Mar. 2026 was 円3,730 Mil. Simplex Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was 円9,123 Mil. Hence, Simplex Holdings's Days Payable for the three months ended in Mar. 2026 was 37.31.

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

TSE:4373' s Days Payable Range Over the Past 10 Years
Min: 37.1   Med: 40.58   Max: 42.73
Current: 37.1

During the past 7 years, Simplex Holdings's highest Days Payable was 42.73. The lowest was 37.10. And the median was 40.58.

TSE:4373's Days Payable is ranked worse than
62.51% of 2598 companies
in the Software industry
Industry Median: 53.675 vs TSE:4373: 37.10

Simplex Holdings's Days Payable increased from Mar. 2025 (35.33) to Mar. 2026 (37.31). It may suggest that Simplex Holdings delayed paying its suppliers.


Simplex Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Simplex Holdings'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.

Simplex Holdings Days Payable Chart

Simplex Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 41.42 41.37 40.58 37.24 37.39

Simplex Holdings 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 35.33 37.34 36.85 36.61 37.31

TSE:4373 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Simplex Holdings'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.


Simplex Holdings Days Payable vs Software Industry

For the Software industry and Technology sector, Simplex Holdings's Days Payable distribution charts can be found below:

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


TSE:4373
94GF Score
Simplex Holdings Inc TSE:4373
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Simplex Holdings 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.

Simplex Holdings'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
=( (2826 + 3947) / 2 ) / 33059*365
=3386.5 / 33059*365
=37.39

Simplex Holdings'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
=( (3513 + 3947) / 2 ) / 9123*365 / 4
=3730 / 9123*365 / 4
=37.31

* 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 37.31 mean?
Simplex Holdings (TSE:4373) has a Days Payable of 37.31 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 Simplex Holdings and its competitors. This is near median its historical median of 40.58. Over the past decade, Simplex Holdings' Days Payable has ranged from 37.10 to 42.73. According to the industry distribution chart, Simplex Holdings ranks #1624 out of 2598 companies in the Software industry, placing it in the top 62.5%.
Is Simplex Holdings' Days Payable too high?
Simplex Holdings' current Days Payable of 37.31 is near median its 10-year median of 40.58. Over the past 10 years, this metric has ranged from a low of 37.10 to a high of 42.73. The Software industry median Days Payable is 53.68. Simplex Holdings' value of 37.31 is 30.5% below this industry median. Based on the distribution chart, Simplex Holdings ranks #1624 out of 2598 companies in the Software industry, which is below the industry midpoint. Overall, Simplex Holdings has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Simplex Holdings' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Simplex Holdings ranks #1624 out of 2598 companies for Days Payable. This places Simplex Holdings in the lower half of its industry. The industry median Days Payable is 53.68. Simplex Holdings' value of 37.31 is 30.5% below this benchmark. Historically, Simplex Holdings' own Days Payable has ranged from 37.10 to 42.73 over the past decade. While the company's 10-year median is 40.58 vs. the industry median of 53.68, Simplex Holdings 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. Simplex Holdings's current Days Payable of 37.31 is 30.5% 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 Simplex Holdings 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. Simplex Holdings's current Days Payable is 37.31, which is near median its own 10-year median of 40.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simplex Holdings stock overvalued right now?
Based on GuruFocus' analysis, Simplex Holdings (TSE:4373) is currently considered Fairly Valued. The stock's GF Value™ is 円1,080.38, compared to a current price of 円1,020.00 — trading 5.6% below its estimated fair value. The current Days Payable is 37.31, which is near median its 10-year median of 40.58 and 30.5% below the Software industry median of 53.68. Simplex Holdings' overall GF Score™ is 94/100. 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 Simplex Holdings (TSE:4373), the current Days Payable is 37.31 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 Simplex Holdings (TSE:4373) Overvalued in 2026?

Based on GuruFocus' analysis, Simplex Holdings stock appears to be undervalued. The current stock price of 円1,020.00 is trading 5.6% below its estimated GF Value™ of 円1,080.38. GuruFocus considers Simplex Holdings to be Fairly Valued.

Key valuation signals for TSE:4373:

  • Days Payable: 37.31 (near median its 10-year median of 40.58)
  • GF Value™: 円1,080.38 vs. price of 円1,020.00 (5.6% below fair value)
  • GF Score™: 94/100
  • Industry Position: 30.5% below the Software median (#1624 of 2598)

No single metric tells the full story. See the TSE:4373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Simplex Holdings Business Description

Address 1-23-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6319
Simplex Holdings Inc is engaged in providing total solutions from consulting to design, development, operation, and maintenance.
94GF Score

Get the complete analysis for TSE:4373

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

円1,020.00
Price
円1,080.38
GF Value