Showa System Engineering (TSE:4752) Days Payable: 16.99 (As of Mar. 2026) — Near Median


TSE:4752 Showa System Engineering Corp TSE:4752
75 GF Score
Price 円1,550.00
GF Value 円1,589.75
Valuation Fairly Valued
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What is Showa System Engineering Days Payable?

Showa System Engineering TSE:4752 75 Days Payable is 16.99 as of Mar. 2026, which is 3% below its 10-year median of 17.54. GuruFocus rates TSE:4752 with a GF Score™ of 75/100 and a GF Value™ of 円1,589.75 (Fairly Valued). Among 2,600 Software companies, Showa System Engineering ranks worse than 83.38% on this metric.

Showa System Engineering's average Accounts Payable for the six months ended in Mar. 2026 was 円357 Mil. Showa System Engineering's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,832 Mil. Hence, Showa System Engineering's Days Payable for the six months ended in Mar. 2026 was 16.99.

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

TSE:4752' s Days Payable Range Over the Past 10 Years
Min: 15.4   Med: 17.54   Max: 18.59
Current: 17.82

During the past 13 years, Showa System Engineering's highest Days Payable was 18.59. The lowest was 15.40. And the median was 17.54.

TSE:4752's Days Payable is ranked worse than
83.38% of 2600 companies
in the Software industry
Industry Median: 53.675 vs TSE:4752: 17.82

Showa System Engineering's Days Payable increased from Mar. 2025 (16.22) to Mar. 2026 (16.99). It may suggest that Showa System Engineering delayed paying its suppliers.


Showa System Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for Showa System Engineering'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.

Showa System Engineering Days Payable Chart

Showa System Engineering 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 16.57 18.43 18.06 17.17 18.59

Showa System Engineering Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 17.35 17.37 16.22 17.96 16.99

TSE:4752 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Showa System Engineering'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.


Showa System Engineering Days Payable vs Software Industry

For the Software industry and Technology sector, Showa System Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where Showa System Engineering's Days Payable falls into.


TSE:4752
75GF Score
Showa System Engineering Corp TSE:4752
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Showa System Engineering 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.

Showa System Engineering'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
=( (333.102 + 394.579) / 2 ) / 7142.849*365
=363.8405 / 7142.849*365
=18.59

Showa System Engineering'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (318.718 + 394.579) / 2 ) / 3831.916*365 / 2
=356.6485 / 3831.916*365 / 2
=16.99

* 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 16.99 mean?
Showa System Engineering (TSE:4752) has a Days Payable of 16.99 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 Showa System Engineering and its competitors. This is near median its historical median of 17.54. Over the past decade, Showa System Engineering's Days Payable has ranged from 15.40 to 18.59. According to the industry distribution chart, Showa System Engineering ranks #2168 out of 2600 companies in the Software industry, placing it in the top 83.4%.
Is Showa System Engineering's Days Payable too high?
Showa System Engineering's current Days Payable of 16.99 is near median its 10-year median of 17.54. Over the past 10 years, this metric has ranged from a low of 15.40 to a high of 18.59. The Software industry median Days Payable is 53.68. Showa System Engineering's value of 16.99 is 68.3% below this industry median. Based on the distribution chart, Showa System Engineering ranks #2168 out of 2600 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Showa System Engineering has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Showa System Engineering's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Showa System Engineering ranks #2168 out of 2600 companies for Days Payable. This places Showa System Engineering in the lower half of its industry. The industry median Days Payable is 53.68. Showa System Engineering's value of 16.99 is 68.3% below this benchmark. Historically, Showa System Engineering's own Days Payable has ranged from 15.40 to 18.59 over the past decade. While the company's 10-year median is 17.54 vs. the industry median of 53.68, Showa System Engineering 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 53.68, based on 2,600 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. Showa System Engineering's current Days Payable of 16.99 is 68.3% 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 Showa System Engineering and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Showa System Engineering's current Days Payable is 16.99, which is near median its own 10-year median of 17.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showa System Engineering stock overvalued right now?
Based on GuruFocus' analysis, Showa System Engineering (TSE:4752) is currently considered Fairly Valued. The stock's GF Value™ is 円1,589.75, compared to a current price of 円1,550.00 — trading 2.5% below its estimated fair value. The current Days Payable is 16.99, which is near median its 10-year median of 17.54 and 68.3% below the Software industry median of 53.68. Showa System Engineering's overall GF Score™ is 75/100. 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 Showa System Engineering (TSE:4752), the current Days Payable is 16.99 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 Showa System Engineering (TSE:4752) Overvalued in 2026?

Based on GuruFocus' analysis, Showa System Engineering stock appears to be undervalued. The current stock price of 円1,550.00 is trading 2.5% below its estimated GF Value™ of 円1,589.75. GuruFocus considers Showa System Engineering to be Fairly Valued.

Key valuation signals for TSE:4752:

  • Days Payable: 16.99 (near median its 10-year median of 17.54)
  • GF Value™: 円1,589.75 vs. price of 円1,550.00 (2.5% below fair value)
  • GF Score™: 75/100
  • Industry Position: 68.3% below the Software median (#2168 of 2600)

No single metric tells the full story. See the TSE:4752 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Showa System Engineering Business Description

Address 1-5 Kodenmacho, Nihonbashi, PMO Nihonbashi Edo-dori, Chuo-ku, Tokyo, JPN, 103-0001
Showa System Engineering Corp is engaged in development of information systems, system integration, consulting, software design, and development related to corporate computer systems. The company also provides business support services to various industries, such as administrative services for financial institutions, medical checkup reservations, and scanning services.
75GF Score

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

円1,550.00
Price
円1,589.75
GF Value