Altech (TSE:4641) Days Payable: 2.02 (As of Dec. 2025) — 18% Below Median

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TSE:4641 Altech Corp TSE:4641
87 GF Score
Price 円805.00
GF Value 円1,024.04
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Altech Days Payable?

Altech TSE:4641 +0.25% 87 Days Payable is 2.02 as of Dec. 2025, which is 18% below its 10-year median of 2.47. GuruFocus rates TSE:4641 with a GF Score™ of 87/100 and a GF Value™ of 円1,024.04 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 945 Business Services companies, Altech ranks worse than 95.56% on this metric.

Altech's average Accounts Payable for the three months ended in Dec. 2025 was 円247 Mil. Altech's Cost of Goods Sold for the three months ended in Dec. 2025 was 円11,140 Mil. Hence, Altech's Days Payable for the three months ended in Dec. 2025 was 2.02.

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

TSE:4641' s Days Payable Range Over the Past 10 Years
Min: 1.39   Med: 2.47   Max: 4.23
Current: 2.85

During the past 13 years, Altech's highest Days Payable was 4.23. The lowest was 1.39. And the median was 2.47.

TSE:4641's Days Payable is ranked worse than
95.56% of 945 companies
in the Business Services industry
Industry Median: 46.11 vs TSE:4641: 2.85

Altech's Days Payable declined from Dec. 2024 (3.23) to Dec. 2025 (2.02). It may suggest that Altech accelerated paying its suppliers.


Altech Days Payable Historical Data

* Premium members only.

The historical data trend for Altech'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.

Altech Days Payable Chart

Altech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.96 4.23 4.22 3.76 3.00

Altech 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 4.05 3.54 2.70 2.02 2.62

TSE:4641 vs KFY, RHI, TNET: Days Payable Comparison

For the Staffing & Employment Services subindustry, Altech'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.


Altech Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Altech's Days Payable distribution charts can be found below:

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


TSE:4641
87GF Score
Altech Corp TSE:4641
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Altech 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.

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

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (432.591 + 234.013) / 2 ) / 40537.262*365
=333.302 / 40537.262*365
=3.00

Altech's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (259.398 + 234.013) / 2 ) / 11140.226*365 / 4
=246.7055 / 11140.226*365 / 4
=2.02

* 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 2.02 mean?
Altech (TSE:4641) has a Days Payable of 2.02 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Altech and its competitors. This is 18% below median its historical median of 2.47. Over the past decade, Altech's Days Payable has ranged from 1.39 to 4.23. According to the industry distribution chart, Altech ranks #903 out of 945 companies in the Business Services industry, placing it in the top 95.6%.
Is Altech's Days Payable too high?
Altech's current Days Payable of 2.02 is 18% below median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 4.23. The Business Services industry median Days Payable is 46.11. Altech's value of 2.02 is 95.6% below this industry median. Based on the distribution chart, Altech ranks #903 out of 945 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Altech has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Altech's Days Payable compare to KFY and RHI?
According to the Business Services industry distribution chart, Altech ranks #903 out of 945 companies for Days Payable. This places Altech in the lower half of its industry. The industry median Days Payable is 46.11. Altech's value of 2.02 is 95.6% below this benchmark. Historically, Altech's own Days Payable has ranged from 1.39 to 4.23 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 46.11, Altech 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. Altech's current Days Payable of 2.02 is 95.6% 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 Altech and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altech's current Days Payable is 2.02, which is 18% below median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altech stock overvalued right now?
Based on GuruFocus' analysis, Altech (TSE:4641) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,024.04, compared to a current price of 円805.00 — trading 21.4% below its estimated fair value. The current Days Payable is 2.02, which is 18% below median its 10-year median of 2.47 and 95.6% below the Business Services industry median of 46.11. Altech's overall GF Score™ is 87/100 with 1 warning sign 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 Altech (TSE:4641), the current Days Payable is 2.02 as of Dec. 2025. 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 Altech (TSE:4641) Overvalued in 2026?

Based on GuruFocus' analysis, Altech stock appears to be undervalued. The current stock price of 円805.00 is trading 21.4% below its estimated GF Value™ of 円1,024.04. GuruFocus considers Altech to be Modestly Undervalued.

Key valuation signals for TSE:4641:

  • Days Payable: 2.02 (18% below median its 10-year median of 2.47)
  • GF Value™: 円1,024.04 vs. price of 円805.00 (21.4% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 95.6% below the Business Services median (#903 of 945)

No single metric tells the full story. See the TSE:4641 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Altech Business Description

Address 2-3-5 Minato Mirai, Queen\'s Tower C, 18th Floor, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-6218
Altech Corp provides companies with professional outsourced staff to accomplish their specified technical tasks. The company offers temporary employment dispatching engineer, superior technical services in customer product development and design field, and others.
87GF Score

Get the complete analysis for TSE:4641

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

円805.00
Price
円1,024.04
GF Value