Vario SecureTSE:4494 +3.98%50 Days Payable is 30.18 as of Feb. 2026, which is 3% below its 10-year median of 31.11. GuruFocus rates TSE:4494 with a GF Score™ of 50/100 and a GF Value™ of 円760.08 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,605 Software companies, Vario Secure ranks worse than 67.26% on this metric.
The historical rank and industry rank for Vario Secure's Days Payable or its related term are showing as below:
TSE:4494'
s Days Payable Range Over the Past 10 Years
Min: 25.34 Med: 31.11 Max: 45.6
Current: 31.14
During the past 9 years, Vario Secure's highest Days Payable was 45.60. The lowest was 25.34. And the median was 31.11.
TSE:4494's Days Payable is ranked worse than 67.26% of 2605
companies
in the Software industry
Industry Median: 52.79
vs TSE:4494: 31.14
Vario Secure's Days Payable
declined
from Feb. 2025 (31.59) to Feb. 2026 (30.18).
It may suggest that Vario Secureaccelerated paying its suppliers.
Vario Secure Days Payable Related Terms
Vario Secure Days Payable Historical Data
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The historical data trend for Vario Secure'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:4494 vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, Vario Secure'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.
Vario Secure Days Payable vs Software Industry
For the Software industry and Technology sector, Vario Secure's Days Payable distribution charts can be found below:
* The bar in red indicates where Vario Secure'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.
Vario Secure's Days Payable for the fiscal year that ended in Feb. 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.
Vario Secure (TSE:4494) has a Days Payable of 30.18 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vario Secure and its competitors. This is near median its historical median of 31.11. Over the past decade, Vario Secure's Days Payable has ranged from 25.34 to 45.60. According to the industry distribution chart, Vario Secure ranks #1752 out of 2605 companies in the Software industry, placing it in the top 67.3%.
Is Vario Secure's Days Payable too high?
Vario Secure's current Days Payable of 30.18 is near median its 10-year median of 31.11. Over the past 10 years, this metric has ranged from a low of 25.34 to a high of 45.60. The Software industry median Days Payable is 52.79. Vario Secure's value of 30.18 is 42.8% below this industry median. Based on the distribution chart, Vario Secure ranks #1752 out of 2605 companies in the Software industry, which is below the industry midpoint. Overall, Vario Secure has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vario Secure's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Vario Secure ranks #1752 out of 2605 companies for Days Payable. This places Vario Secure in the lower half of its industry. The industry median Days Payable is 52.79. Vario Secure's value of 30.18 is 42.8% below this benchmark. Historically, Vario Secure's own Days Payable has ranged from 25.34 to 45.60 over the past decade. While the company's 10-year median is 31.11 vs. the industry median of 52.79, Vario Secure 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. Vario Secure's current Days Payable of 30.18 is 42.8% 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 Vario Secure 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. Vario Secure's current Days Payable is 30.18, which is near median its own 10-year median of 31.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vario Secure stock overvalued right now?
Based on GuruFocus' analysis, Vario Secure (TSE:4494) is currently considered Modestly Undervalued. The stock's GF Value™ is 円760.08, compared to a current price of 円680.00 — trading 10.5% below its estimated fair value. The current Days Payable is 30.18, which is near median its 10-year median of 31.11 and 42.8% below the Software industry median of 52.79. Vario Secure's overall GF Score™ is 50/100 with 5 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 Vario Secure (TSE:4494), the current Days Payable is 30.18 as of Feb. 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 Vario Secure (TSE:4494) Overvalued in 2026?
Based on GuruFocus' analysis, Vario Secure stock appears to be undervalued.
The current stock price of 円680.00 is trading 10.5% below its estimated GF Value™ of 円760.08.
GuruFocus considers Vario Secure to be Modestly Undervalued.
Key valuation signals for TSE:4494:
Days Payable: 30.18 (near median its 10-year median of 31.11)
GF Value™: 円760.08 vs. price of 円680.00 (10.5% below fair value)
Industry Position: 42.8% below the Software median (#1752 of 2605)
No single metric tells the full story. See the TSE:4494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vario Secure Inc is engaged in providing internet security services that protect the network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and operating system. The company provides one-stop security services, from installation and implementation to operation, monitoring, and support, for small and medium-sized enterprises that struggle to spare dedicated personnel for IT issues, which are becoming increasingly sophisticated and complicated daily. The Company operates in a single segment, the Internet security services business.
50GF Score
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