Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Business EngineeringTSE:4828 +0.66%87 Days Payable is 13.09 as of Mar. 2026, which is 16% below its 10-year median of 15.63. GuruFocus rates TSE:4828 with a GF Score™ of 87/100 and a GF Value™ of 円1,037.19 (Modestly Overvalued). Among 2,609 Software companies, Business Engineering ranks worse than 88.08% on this metric.
The historical rank and industry rank for Business Engineering's Days Payable or its related term are showing as below:
TSE:4828'
s Days Payable Range Over the Past 10 Years
Min: 11.32 Med: 15.63 Max: 19.09
Current: 13.42
During the past 13 years, Business Engineering's highest Days Payable was 19.09. The lowest was 11.32. And the median was 15.63.
TSE:4828's Days Payable is ranked worse than 88.08% of 2609
companies
in the Software industry
Industry Median: 52.78
vs TSE:4828: 13.42
Business Engineering's Days Payable
increased
from Mar. 2025 (11.79) to Mar. 2026 (13.09).
It may suggest that Business Engineeringdelayed paying its suppliers.
Business Engineering Days Payable Related Terms
Business Engineering Days Payable Historical Data
* Premium members only.
The historical data trend for Business 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.
TSE:4828 vs QH, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Business 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.
Business Engineering Days Payable vs Software Industry
For the Software industry and Technology sector, Business Engineering's Days Payable distribution charts can be found below:
* The bar in red indicates where Business Engineering'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.
Business Engineering's Days Payable for the fiscal year that ended in Mar. 2026 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.
Business Engineering (TSE:4828) has a Days Payable of 13.09 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 Business Engineering and its competitors. This is 16% below median its historical median of 15.63. Over the past decade, Business Engineering's Days Payable has ranged from 11.32 to 19.09. According to the industry distribution chart, Business Engineering ranks #2298 out of 2609 companies in the Software industry, placing it in the top 88.1%.
Is Business Engineering's Days Payable too high?
Business Engineering's current Days Payable of 13.09 is 16% below median its 10-year median of 15.63. Over the past 10 years, this metric has ranged from a low of 11.32 to a high of 19.09. The Software industry median Days Payable is 52.78. Business Engineering's value of 13.09 is 75.2% below this industry median. Based on the distribution chart, Business Engineering ranks #2298 out of 2609 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Business Engineering has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Business Engineering's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Business Engineering ranks #2298 out of 2609 companies for Days Payable. This places Business Engineering in the lower half of its industry. The industry median Days Payable is 52.78. Business Engineering's value of 13.09 is 75.2% below this benchmark. Historically, Business Engineering's own Days Payable has ranged from 11.32 to 19.09 over the past decade. While the company's 10-year median is 15.63 vs. the industry median of 52.78, Business 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 52.78, based on 2,609 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. Business Engineering's current Days Payable of 13.09 is 75.2% 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 Business Engineering and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Business Engineering's current Days Payable is 13.09, which is 16% below median its own 10-year median of 15.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business Engineering stock overvalued right now?
Based on GuruFocus' analysis, Business Engineering (TSE:4828) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,037.19, compared to a current price of 円1,225.00 — trading 18.1% above its estimated fair value. The current Days Payable is 13.09, which is 16% below median its 10-year median of 15.63 and 75.2% below the Software industry median of 52.78. Business Engineering's overall GF Score™ is 87/100. 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 Business Engineering (TSE:4828), the current Days Payable is 13.09 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 Business Engineering (TSE:4828) Overvalued in 2026?
Based on GuruFocus' analysis, Business Engineering stock appears to be overvalued.
The current stock price of 円1,225.00 is trading 18.1% above its estimated GF Value™ of 円1,037.19.
GuruFocus considers Business Engineering to be Modestly Overvalued.
Key valuation signals for TSE:4828:
Days Payable: 13.09 (16% below median its 10-year median of 15.63)
GF Value™: 円1,037.19 vs. price of 円1,225.00 (18.1% above fair value)
Industry Position: 75.2% below the Software median (#2298 of 2609)
No single metric tells the full story. See the TSE:4828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Business Engineering Corp is a Japan-based company engaged in providing enterprise software solutions. The solutions offered by the company include Wide line up solutions, Oracle, Mcframe, Mcframe cloud, Global MES, SAP, Mcframe motion VR learning.
87GF Score
Get the complete analysis for TSE:4828
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4828 has been successfully added to your 
