NCD Co (TSE:4783) Days Payable: 15.95 (As of Mar. 2026) — 11% Below Median


TSE:4783 NCD Co Ltd TSE:4783
90 GF Score
Price 円2,478.00
GF Value 円2,409.58
Valuation Fairly Valued
! 1 Warning Sign
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What is NCD Co Days Payable?

NCD Co TSE:4783 +0.53% 90 Days Payable is 15.95 as of Mar. 2026, which is 11% below its 10-year median of 17.93. GuruFocus rates TSE:4783 with a GF Score™ of 90/100 and a GF Value™ of 円2,409.58 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,599 Software companies, NCD Co ranks worse than 85.11% on this metric.

NCD Co's average Accounts Payable for the six months ended in Mar. 2026 was 円1,078 Mil. NCD Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円12,333 Mil. Hence, NCD Co's Days Payable for the six months ended in Mar. 2026 was 15.95.

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

TSE:4783' s Days Payable Range Over the Past 10 Years
Min: 16.27   Med: 17.93   Max: 19.05
Current: 16.27

During the past 13 years, NCD Co's highest Days Payable was 19.05. The lowest was 16.27. And the median was 17.93.

TSE:4783's Days Payable is ranked worse than
85.11% of 2599 companies
in the Software industry
Industry Median: 53.56 vs TSE:4783: 16.27

NCD Co's Days Payable declined from Mar. 2025 (16.64) to Mar. 2026 (15.95). It may suggest that NCD Co accelerated paying its suppliers.


NCD Co Days Payable Historical Data

* Premium members only.

The historical data trend for NCD 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.

NCD Co Days Payable Chart

NCD 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 17.19 18.62 19.05 16.90 16.53

NCD Co 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 16.86 17.72 16.64 16.32 15.95

TSE:4783 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, NCD 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.


NCD Co Days Payable vs Software Industry

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

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


TSE:4783
90GF Score
NCD Co Ltd TSE:4783
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NCD 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.

NCD 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
=( (1069.642 + 1115.857) / 2 ) / 24123.314*365
=1092.7495 / 24123.314*365
=16.53

NCD 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1039.538 + 1115.857) / 2 ) / 12333.138*365 / 2
=1077.6975 / 12333.138*365 / 2
=15.95

* 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 15.95 mean?
NCD Co (TSE:4783) has a Days Payable of 15.95 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 NCD Co and its competitors. This is 11% below median its historical median of 17.93. Over the past decade, NCD Co's Days Payable has ranged from 16.27 to 19.05. According to the industry distribution chart, NCD Co ranks #2212 out of 2599 companies in the Software industry, placing it in the top 85.1%.
Is NCD Co's Days Payable too high?
NCD Co's current Days Payable of 15.95 is 11% below median its 10-year median of 17.93. Over the past 10 years, this metric has ranged from a low of 16.27 to a high of 19.05. The Software industry median Days Payable is 53.56. NCD Co's value of 15.95 is 70.2% below this industry median. Based on the distribution chart, NCD Co ranks #2212 out of 2599 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, NCD Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCD Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, NCD Co ranks #2212 out of 2599 companies for Days Payable. This places NCD Co in the lower half of its industry. The industry median Days Payable is 53.56. NCD Co's value of 15.95 is 70.2% below this benchmark. Historically, NCD Co's own Days Payable has ranged from 16.27 to 19.05 over the past decade. While the company's 10-year median is 17.93 vs. the industry median of 53.56, NCD Co 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 53.56, based on 2,599 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. NCD Co's current Days Payable of 15.95 is 70.2% 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 NCD Co and its competitors. For the Software industry, the median Days Payable is 53.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCD Co's current Days Payable is 15.95, which is 11% below median its own 10-year median of 17.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCD Co stock overvalued right now?
Based on GuruFocus' analysis, NCD Co (TSE:4783) is currently considered Fairly Valued. The stock's GF Value™ is 円2,409.58, compared to a current price of 円2,478.00 — trading 2.8% above its estimated fair value. The current Days Payable is 15.95, which is 11% below median its 10-year median of 17.93 and 70.2% below the Software industry median of 53.56. NCD Co's overall GF Score™ is 90/100 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 NCD Co (TSE:4783), the current Days Payable is 15.95 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 NCD Co (TSE:4783) Overvalued in 2026?

Based on GuruFocus' analysis, NCD Co stock appears to be overvalued. The current stock price of 円2,478.00 is trading 2.8% above its estimated GF Value™ of 円2,409.58. GuruFocus considers NCD Co to be Fairly Valued.

Key valuation signals for TSE:4783:

  • Days Payable: 15.95 (11% below median its 10-year median of 17.93)
  • GF Value™: 円2,409.58 vs. price of 円2,478.00 (2.8% above fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 70.2% below the Software median (#2212 of 2599)

No single metric tells the full story. See the TSE:4783 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCD Co Business Description

Address 4-32-1 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
NCD Co Ltd is engaged in IT related business. The businesses of the company are System development business that includes System Construction Solutions, Packaging Solutions, Application maintenance and operation solutions; Support & Service Business that includes Infrastructure Construction Solutions, Infrastructure maintenance and operation solutions, and Business Support Solutions; and Parking system business (bicycle parking lot related business) that includes Construction, operation and management of bicycle parking lots, Sales and operation of bicycle parking management systems, and Bicycle-related comprehensive consulting.
90GF Score

Get the complete analysis for TSE:4783

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

円2,478.00
Price
円2,409.58
GF Value