OBIC Co (TSE:4684) Days Payable: 68.43 (As of Mar. 2026) — 14% Above Median

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TSE:4684 OBIC Co Ltd TSE:4684
83 GF Score
Price 円4,250.00
GF Value 円5,878.21
Valuation Modestly Undervalued
! 1 Warning Sign
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What is OBIC Co Days Payable?

OBIC Co TSE:4684 +1.50% 83 Days Payable is 68.43 as of Mar. 2026, which is 14% above its 10-year median of 59.95. GuruFocus rates TSE:4684 with a GF Score™ of 83/100 and a GF Value™ of 円5,878.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,605 Software companies, OBIC Co ranks better than 58.31% on this metric.

OBIC Co's average Accounts Payable for the three months ended in Mar. 2026 was 円6,013 Mil. OBIC Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円8,017 Mil. Hence, OBIC Co's Days Payable for the three months ended in Mar. 2026 was 68.43.

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

TSE:4684' s Days Payable Range Over the Past 10 Years
Min: 57.15   Med: 59.95   Max: 69.15
Current: 69.15

During the past 13 years, OBIC Co's highest Days Payable was 69.15. The lowest was 57.15. And the median was 59.95.

TSE:4684's Days Payable is ranked better than
58.31% of 2605 companies
in the Software industry
Industry Median: 52.79 vs TSE:4684: 69.15

OBIC Co's Days Payable increased from Mar. 2025 (66.16) to Mar. 2026 (68.43). It may suggest that OBIC Co delayed paying its suppliers.


OBIC Co Days Payable Historical Data

* Premium members only.

The historical data trend for OBIC Co'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.

OBIC Co Days Payable Chart

OBIC Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.46 61.98 64.17 67.33 68.49

OBIC Co 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 66.16 69.62 69.62 69.66 68.43

TSE:4684 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, OBIC Co'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.


OBIC Co Days Payable vs Software Industry

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

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


TSE:4684
83GF Score
OBIC Co Ltd TSE:4684
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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OBIC Co 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.

OBIC Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (5246 + 5842) / 2 ) / 29544*365
=5544 / 29544*365
=68.49

OBIC Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (6183 + 5842) / 2 ) / 8017*365 / 4
=6012.5 / 8017*365 / 4
=68.43

* 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 68.43 mean?
OBIC Co (TSE:4684) has a Days Payable of 68.43 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 OBIC Co and its competitors. This is 14% above median its historical median of 59.95. Over the past decade, OBIC Co's Days Payable has ranged from 57.15 to 69.15. According to the industry distribution chart, OBIC Co ranks #1086 out of 2605 companies in the Software industry, placing it in the top 41.7%.
Is OBIC Co's Days Payable too high?
OBIC Co's current Days Payable of 68.43 is 14% above median its 10-year median of 59.95. Over the past 10 years, this metric has ranged from a low of 57.15 to a high of 69.15. The Software industry median Days Payable is 52.79. OBIC Co's value of 68.43 is 29.6% above this industry median. Based on the distribution chart, OBIC Co ranks #1086 out of 2605 companies in the Software industry, which is above the industry midpoint. Overall, OBIC Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OBIC Co's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, OBIC Co ranks #1086 out of 2605 companies for Days Payable. This puts OBIC Co in the upper half of its industry. The industry median Days Payable is 52.79. OBIC Co's value of 68.43 is 29.6% above this benchmark. Historically, OBIC Co's own Days Payable has ranged from 57.15 to 69.15 over the past decade. While the company's 10-year median is 59.95 vs. the industry median of 52.79, OBIC Co has consistently been above 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. OBIC Co's current Days Payable of 68.43 is 29.6% above 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 OBIC Co 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. OBIC Co's current Days Payable is 68.43, which is 14% above median its own 10-year median of 59.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OBIC Co stock overvalued right now?
Based on GuruFocus' analysis, OBIC Co (TSE:4684) is currently considered Modestly Undervalued. The stock's GF Value™ is 円5,878.21, compared to a current price of 円4,250.00 — trading 27.7% below its estimated fair value. The current Days Payable is 68.43, which is 14% above median its 10-year median of 59.95 and 29.6% above the Software industry median of 52.79. OBIC Co's overall GF Score™ is 83/100 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 OBIC Co (TSE:4684), the current Days Payable is 68.43 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 OBIC Co (TSE:4684) Overvalued in 2026?

Based on GuruFocus' analysis, OBIC Co stock appears to be undervalued. The current stock price of 円4,250.00 is trading 27.7% below its estimated GF Value™ of 円5,878.21. GuruFocus considers OBIC Co to be Modestly Undervalued.

Key valuation signals for TSE:4684:

  • Days Payable: 68.43 (14% above median its 10-year median of 59.95)
  • GF Value™: 円5,878.21 vs. price of 円4,250.00 (27.7% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 29.6% above the Software median (#1086 of 2605)

No single metric tells the full story. See the TSE:4684 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OBIC Co Business Description

Address 2-4-15 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8328
Obic is one of Japan's largest enterprise resource planning service providers with a dominant share of the Japanese midsize corporate market. Obic has three main business lines: system integration, system support, and office automation, and, thus, offers one-stop construction and operation of information systems centered on its proprietary ERP suite. The company, which has a 57-year history, reported fiscal 2026 revenue of JPY 135.2 billion, with system integration contributing 40.9%, system support 52.9%, and office automation 6.2%.
83GF Score

Get the complete analysis for TSE:4684

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

円4,250.00
Price
円5,878.21
GF Value