NETSE:441A +1.63%21 Days Payable is 1.81 as of Jan. 2026, which is 36% above its 10-year median of 1.33. GuruFocus rates TSE:441A with a GF Score™ of 21/100. Among 2,598 Software companies, NE ranks worse than 98.65% on this metric.
NE's average Accounts Payable for the
three
months ended in Jan. 2026 was 円6 Mil. NE's Cost of Goods Sold for the
three
months ended in Jan. 2026 was 円279 Mil.
Hence, NE's Days Payable for the
three
months ended in Jan. 2026 was 1.81.
The historical rank and industry rank for NE's Days Payable or its related term are showing as below:
TSE:441A'
s Days Payable Range Over the Past 10 Years
Min: 1 Med: 1.33 Max: 1.93
Current: 1.93
During the past 3 years, NE's highest Days Payable was 1.93. The lowest was 1.00. And the median was 1.33.
TSE:441A's Days Payable is ranked worse than 98.65% of 2598
companies
in the Software industry
Industry Median: 53.675
vs TSE:441A: 1.93
NE's Days Payable
increased
from Apr. 2024 (0.00) to Jan. 2026 (1.81).
It may suggest that NEdelayed paying its suppliers.
NE Days Payable Related Terms
NE Days Payable Historical Data
* Premium members only.
The historical data trend for NE'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:441A vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, NE'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.
NE Days Payable vs Software Industry
For the Software industry and Technology sector, NE's Days Payable distribution charts can be found below:
* The bar in red indicates where NE'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.
NE's Days Payable for the fiscal year that ended in Apr. 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.
NE (TSE:441A) has a Days Payable of 1.81 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on NE and its competitors. This is 36% above median its historical median of 1.33. Over the past decade, NE's Days Payable has ranged from 1.00 to 1.93. According to the industry distribution chart, NE ranks #2563 out of 2598 companies in the Software industry, placing it in the top 98.7%.
Is NE's Days Payable too high?
NE's current Days Payable of 1.81 is 36% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 1.93. The Software industry median Days Payable is 53.68. NE's value of 1.81 is 96.6% below this industry median. Based on the distribution chart, NE ranks #2563 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, NE has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does NE's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, NE ranks #2563 out of 2598 companies for Days Payable. This places NE in the lower half of its industry. The industry median Days Payable is 53.68. NE's value of 1.81 is 96.6% below this benchmark. Historically, NE's own Days Payable has ranged from 1.00 to 1.93 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 53.68, NE 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. NE's current Days Payable of 1.81 is 96.6% 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 NE 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. NE's current Days Payable is 1.81, which is 36% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NE stock overvalued right now?
NE (TSE:441A) has a current Days Payable of 1.81. The current Days Payable is 1.81, which is 36% above median its 10-year median of 1.33 and 96.6% below the Software industry median of 53.68. NE's overall GF Score™ is 21/100. 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 NE (TSE:441A), the current Days Payable is 1.81 as of Jan. 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.
NE Inc is engaged in Operating Next Engine a SaaS-based e-commerce support platform, providing e-commerce consulting, providing regional revitalization services, including support for furusato nozei (hometown tax donation) programs.
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