Cinc (TSE:4378) Days Payable: 34.08 (As of Apr. 2026) — 14% Above Median


TSE:4378 Cinc Corp TSE:4378
73 GF Score
Price 円537.00
GF Value 円763.36
Valuation Possible Value Trap
! 4 Warning Signs
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What is Cinc Days Payable?

Cinc TSE:4378 +3.47% 73 Days Payable is 34.08 as of Apr. 2026, which is 14% above its 10-year median of 29.93. GuruFocus rates TSE:4378 with a GF Score™ of 73/100 and a GF Value™ of 円763.36 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,598 Software companies, Cinc ranks better than 53.81% on this metric.

Cinc's average Accounts Payable for the six months ended in Apr. 2026 was 円61 Mil. Cinc's Cost of Goods Sold for the six months ended in Apr. 2026 was 円327 Mil. Hence, Cinc's Days Payable for the six months ended in Apr. 2026 was 34.08.

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

TSE:4378' s Days Payable Range Over the Past 10 Years
Min: 25.84   Med: 29.93   Max: 60.32
Current: 60.32

During the past 7 years, Cinc's highest Days Payable was 60.32. The lowest was 25.84. And the median was 29.93.

TSE:4378's Days Payable is ranked better than
53.81% of 2598 companies
in the Software industry
Industry Median: 53.515 vs TSE:4378: 60.32

Cinc's Days Payable increased from Apr. 2025 (32.53) to Apr. 2026 (34.08). It may suggest that Cinc delayed paying its suppliers.


Cinc Days Payable Historical Data

* Premium members only.

The historical data trend for Cinc'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.

Cinc Days Payable Chart

Cinc Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
Get a 7-Day Free Trial 29.29 34.19 31.78 29.93 34.16

Cinc Semi-Annual Data
Oct19 Oct20 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.61 29.50 32.53 32.24 34.08

TSE:4378 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Cinc'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.


Cinc Days Payable vs Software Industry

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

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


TSE:4378
73GF Score
Cinc Corp TSE:4378
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cinc 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.

Cinc's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (62.282 + 62.53) / 2 ) / 666.811*365
=62.406 / 666.811*365
=34.16

Cinc's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2025 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (62.53 + 59.645) / 2 ) / 327.111*365 / 2
=61.0875 / 327.111*365 / 2
=34.08

* 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 34.08 mean?
Cinc (TSE:4378) has a Days Payable of 34.08 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cinc and its competitors. This is 14% above median its historical median of 29.93. Over the past decade, Cinc's Days Payable has ranged from 25.84 to 60.32. According to the industry distribution chart, Cinc ranks #1200 out of 2598 companies in the Software industry, placing it in the top 46.2%.
Is Cinc's Days Payable too high?
Cinc's current Days Payable of 34.08 is 14% above median its 10-year median of 29.93. Over the past 10 years, this metric has ranged from a low of 25.84 to a high of 60.32. The Software industry median Days Payable is 53.52. Cinc's value of 34.08 is 36.3% below this industry median. Based on the distribution chart, Cinc ranks #1200 out of 2598 companies in the Software industry, which is above the industry midpoint. Overall, Cinc has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cinc's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Cinc ranks #1200 out of 2598 companies for Days Payable. This puts Cinc in the upper half of its industry. The industry median Days Payable is 53.52. Cinc's value of 34.08 is 36.3% below this benchmark. Historically, Cinc's own Days Payable has ranged from 25.84 to 60.32 over the past decade. While the company's 10-year median is 29.93 vs. the industry median of 53.52, Cinc 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 53.52, 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. Cinc's current Days Payable of 34.08 is 36.3% 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 Cinc and its competitors. For the Software industry, the median Days Payable is 53.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cinc's current Days Payable is 34.08, which is 14% above median its own 10-year median of 29.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cinc stock overvalued right now?
Based on GuruFocus' analysis, Cinc (TSE:4378) is currently considered Possible Value Trap. The stock's GF Value™ is 円763.36, compared to a current price of 円537.00 — trading 29.7% below its estimated fair value. The current Days Payable is 34.08, which is 14% above median its 10-year median of 29.93 and 36.3% below the Software industry median of 53.52. Cinc's overall GF Score™ is 73/100 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 Cinc (TSE:4378), the current Days Payable is 34.08 as of Apr. 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 Cinc (TSE:4378) Overvalued in 2026?

Based on GuruFocus' analysis, Cinc stock appears to be undervalued. The current stock price of 円537.00 is trading 29.7% below its estimated GF Value™ of 円763.36. GuruFocus considers Cinc to be Possible Value Trap.

Key valuation signals for TSE:4378:

  • Days Payable: 34.08 (14% above median its 10-year median of 29.93)
  • GF Value™: 円763.36 vs. price of 円537.00 (29.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 36.3% below the Software median (#1200 of 2598)

No single metric tells the full story. See the TSE:4378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cinc Business Description

Address 1-9-13 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Cinc Corp develop and provide SaaS products using natural language processing technology and artificial intelligence, and provide consulting services based on big data.
73GF Score

Get the complete analysis for TSE:4378

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

円537.00
Price
円763.36
GF Value