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LancersTSE:4484 65 Days Payable is 31.05 as of Mar. 2026, which is 12% below its 10-year median of 35.16. GuruFocus rates TSE:4484 with a GF Score™ of 65/100 and a GF Value™ of 円267.89 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,605 Software companies, Lancers ranks worse than 66.3% on this metric.
Lancers's average Accounts Payable for the
six
months ended in Mar. 2026 was 円312 Mil. Lancers's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円1,835 Mil.
Hence, Lancers's Days Payable for the
six
months ended in Mar. 2026 was 31.05.
The historical rank and industry rank for Lancers's Days Payable or its related term are showing as below:
TSE:4484'
s Days Payable Range Over the Past 10 Years
Min: 11.58 Med: 35.16 Max: 49.61
Current: 31.98
During the past 9 years, Lancers's highest Days Payable was 49.61. The lowest was 11.58. And the median was 35.16.
TSE:4484's Days Payable is ranked worse than 66.3% of 2605
companies
in the Software industry
Industry Median: 52.79
vs TSE:4484: 31.98
Lancers's Days Payable
declined
from Mar. 2025 (33.55) to Mar. 2026 (31.05).
It may suggest that Lancersaccelerated paying its suppliers.
Lancers Days Payable Related Terms
Lancers Days Payable Historical Data
* Premium members only.
The historical data trend for Lancers'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:4484 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, Lancers'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.
Lancers Days Payable vs Software Industry
For the Software industry and Technology sector, Lancers's Days Payable distribution charts can be found below:
* The bar in red indicates where Lancers'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.
Lancers'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.
Lancers (TSE:4484) has a Days Payable of 31.05 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 Lancers and its competitors. This is 12% below median its historical median of 35.16. Over the past decade, Lancers' Days Payable has ranged from 11.58 to 49.61. According to the industry distribution chart, Lancers ranks #1727 out of 2605 companies in the Software industry, placing it in the top 66.3%.
Is Lancers' Days Payable too high?
Lancers' current Days Payable of 31.05 is 12% below median its 10-year median of 35.16. Over the past 10 years, this metric has ranged from a low of 11.58 to a high of 49.61. The Software industry median Days Payable is 52.79. Lancers' value of 31.05 is 41.2% below this industry median. Based on the distribution chart, Lancers ranks #1727 out of 2605 companies in the Software industry, which is below the industry midpoint. Overall, Lancers has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lancers' Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Lancers ranks #1727 out of 2605 companies for Days Payable. This places Lancers in the lower half of its industry. The industry median Days Payable is 52.79. Lancers' value of 31.05 is 41.2% below this benchmark. Historically, Lancers' own Days Payable has ranged from 11.58 to 49.61 over the past decade. While the company's 10-year median is 35.16 vs. the industry median of 52.79, Lancers 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 52.79, based on 2,605 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. Lancers's current Days Payable of 31.05 is 41.2% 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 Lancers and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lancers's current Days Payable is 31.05, which is 12% below median its own 10-year median of 35.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lancers stock overvalued right now?
Based on GuruFocus' analysis, Lancers (TSE:4484) is currently considered Fairly Valued. The stock's GF Value™ is 円267.89, compared to a current price of 円279.00 — trading 4.1% above its estimated fair value. The current Days Payable is 31.05, which is 12% below median its 10-year median of 35.16 and 41.2% below the Software industry median of 52.79. Lancers' overall GF Score™ is 65/100 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 Lancers (TSE:4484), the current Days Payable is 31.05 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 Lancers (TSE:4484) Overvalued in 2026?
Based on GuruFocus' analysis, Lancers stock appears to be overvalued.
The current stock price of 円279.00 is trading 4.1% above its estimated GF Value™ of 円267.89.
GuruFocus considers Lancers to be Fairly Valued.
Key valuation signals for TSE:4484:
Days Payable: 31.05 (12% below median its 10-year median of 35.16)
GF Value™: 円267.89 vs. price of 円279.00 (4.1% above fair value)
Industry Position: 41.2% below the Software median (#1727 of 2605)
No single metric tells the full story. See the TSE:4484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lancers Inc is a freelance jobs information company based in Tokyo. The company has partnered with SAP Japan to offer a platform for freelancers to take advantage of companies that provide SAP-based working opportunities.
65GF Score
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