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Trend MicroTSE:4704 +0.15%83 Days Payable is 15.92 as of Mar. 2026, which is 29% above its 10-year median of 12.31. GuruFocus rates TSE:4704 with a GF Score™ of 83/100 and a GF Value™ of 円9,030.30 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,608 Software companies, Trend Micro ranks worse than 86.46% on this metric.
Trend Micro's average Accounts Payable for the
three
months ended in Mar. 2026 was 円2,913 Mil. Trend Micro's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円16,691 Mil.
Hence, Trend Micro's Days Payable for the
three
months ended in Mar. 2026 was 15.92.
The historical rank and industry rank for Trend Micro's Days Payable or its related term are showing as below:
TSE:4704'
s Days Payable Range Over the Past 10 Years
Min: 9.04 Med: 12.31 Max: 18.9
Current: 14.88
During the past 13 years, Trend Micro's highest Days Payable was 18.90. The lowest was 9.04. And the median was 12.31.
TSE:4704's Days Payable is ranked worse than 86.46% of 2608
companies
in the Software industry
Industry Median: 52.785
vs TSE:4704: 14.88
Trend Micro's Days Payable
declined
from Mar. 2025 (18.13) to Mar. 2026 (15.92).
It may suggest that Trend Microaccelerated paying its suppliers.
Trend Micro Days Payable Related Terms
Trend Micro Days Payable Historical Data
* Premium members only.
The historical data trend for Trend Micro'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:4704 vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, Trend Micro'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.
Trend Micro Days Payable vs Software Industry
For the Software industry and Technology sector, Trend Micro's Days Payable distribution charts can be found below:
* The bar in red indicates where Trend Micro'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.
Trend Micro's Days Payable for the fiscal year that ended in Dec. 2025 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.
Trend Micro (TSE:4704) has a Days Payable of 15.92 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 Trend Micro and its competitors. This is 29% above median its historical median of 12.31. Over the past decade, Trend Micro's Days Payable has ranged from 9.04 to 18.90. According to the industry distribution chart, Trend Micro ranks #2255 out of 2608 companies in the Software industry, placing it in the top 86.5%.
Is Trend Micro's Days Payable too high?
Trend Micro's current Days Payable of 15.92 is 29% above median its 10-year median of 12.31. Over the past 10 years, this metric has ranged from a low of 9.04 to a high of 18.90. The Software industry median Days Payable is 52.79. Trend Micro's value of 15.92 is 69.8% below this industry median. Based on the distribution chart, Trend Micro ranks #2255 out of 2608 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Trend Micro has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trend Micro's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Trend Micro ranks #2255 out of 2608 companies for Days Payable. This places Trend Micro in the lower half of its industry. The industry median Days Payable is 52.79. Trend Micro's value of 15.92 is 69.8% below this benchmark. Historically, Trend Micro's own Days Payable has ranged from 9.04 to 18.90 over the past decade. While the company's 10-year median is 12.31 vs. the industry median of 52.79, Trend Micro 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 2,608 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. Trend Micro's current Days Payable of 15.92 is 69.8% 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 Trend Micro 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. Trend Micro's current Days Payable is 15.92, which is 29% above median its own 10-year median of 12.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trend Micro stock overvalued right now?
Based on GuruFocus' analysis, Trend Micro (TSE:4704) is currently considered Modestly Undervalued. The stock's GF Value™ is 円9,030.30, compared to a current price of 円6,480.00 — trading 28.2% below its estimated fair value. The current Days Payable is 15.92, which is 29% above median its 10-year median of 12.31 and 69.8% below the Software industry median of 52.79. Trend Micro's overall GF Score™ is 83/100 with 2 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 Trend Micro (TSE:4704), the current Days Payable is 15.92 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 Trend Micro (TSE:4704) Overvalued in 2026?
Based on GuruFocus' analysis, Trend Micro stock appears to be undervalued.
The current stock price of 円6,480.00 is trading 28.2% below its estimated GF Value™ of 円9,030.30.
GuruFocus considers Trend Micro to be Modestly Undervalued.
Key valuation signals for TSE:4704:
Days Payable: 15.92 (29% above median its 10-year median of 12.31)
GF Value™: 円9,030.30 vs. price of 円6,480.00 (28.2% below fair value)
Industry Position: 69.8% below the Software median (#2255 of 2608)
No single metric tells the full story. See the TSE:4704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trend Micro Inc provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. The company operates through four geographic segments: Japan, North America, Europe, and Asia-Pacific.
83GF Score
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