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.
Intelligent WaveTSE:4847 -0.30%89 Days Payable is 11.53 as of Mar. 2026, which is 50% below its 10-year median of 22.97. GuruFocus rates TSE:4847 with a GF Score™ of 89/100 and a GF Value™ of 円1,203.09 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,611 Software companies, Intelligent Wave ranks worse than 83.84% on this metric.
The historical rank and industry rank for Intelligent Wave's Days Payable or its related term are showing as below:
TSE:4847'
s Days Payable Range Over the Past 10 Years
Min: 15.64 Med: 22.97 Max: 32.11
Current: 16.44
During the past 13 years, Intelligent Wave's highest Days Payable was 32.11. The lowest was 15.64. And the median was 22.97.
TSE:4847's Days Payable is ranked worse than 83.84% of 2611
companies
in the Software industry
Industry Median: 51.72
vs TSE:4847: 16.44
Intelligent Wave's Days Payable
declined
from Mar. 2025 (14.65) to Mar. 2026 (11.53).
It may suggest that Intelligent Waveaccelerated paying its suppliers.
The historical data trend for Intelligent Wave'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:4847 vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, Intelligent Wave'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.
Intelligent Wave Days Payable vs Software Industry
For the Software industry and Technology sector, Intelligent Wave's Days Payable distribution charts can be found below:
* The bar in red indicates where Intelligent Wave'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.
Intelligent Wave's Days Payable for the fiscal year that ended in Jun. 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.
Intelligent Wave (TSE:4847) has a Days Payable of 11.53 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 Intelligent Wave and its competitors. This is 50% below median its historical median of 22.97. Over the past decade, Intelligent Wave's Days Payable has ranged from 15.64 to 32.11. According to the industry distribution chart, Intelligent Wave ranks #2189 out of 2611 companies in the Software industry, placing it in the top 83.8%.
Is Intelligent Wave's Days Payable too high?
Intelligent Wave's current Days Payable of 11.53 is 50% below median its 10-year median of 22.97. Over the past 10 years, this metric has ranged from a low of 15.64 to a high of 32.11. The Software industry median Days Payable is 51.72. Intelligent Wave's value of 11.53 is 77.7% below this industry median. Based on the distribution chart, Intelligent Wave ranks #2189 out of 2611 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Intelligent Wave has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Intelligent Wave's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Intelligent Wave ranks #2189 out of 2611 companies for Days Payable. This places Intelligent Wave in the lower half of its industry. The industry median Days Payable is 51.72. Intelligent Wave's value of 11.53 is 77.7% below this benchmark. Historically, Intelligent Wave's own Days Payable has ranged from 15.64 to 32.11 over the past decade. While the company's 10-year median is 22.97 vs. the industry median of 51.72, Intelligent Wave 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 51.72, based on 2,611 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. Intelligent Wave's current Days Payable of 11.53 is 77.7% 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 Intelligent Wave and its competitors. For the Software industry, the median Days Payable is 51.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intelligent Wave's current Days Payable is 11.53, which is 50% below median its own 10-year median of 22.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intelligent Wave stock overvalued right now?
Based on GuruFocus' analysis, Intelligent Wave (TSE:4847) is currently considered Fairly Valued. The stock's GF Value™ is 円1,203.09, compared to a current price of 円1,315.00 — trading 9.3% above its estimated fair value. The current Days Payable is 11.53, which is 50% below median its 10-year median of 22.97 and 77.7% below the Software industry median of 51.72. Intelligent Wave's overall GF Score™ is 89/100 with 7 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 Intelligent Wave (TSE:4847), the current Days Payable is 11.53 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 Intelligent Wave (TSE:4847) Overvalued in 2026?
Based on GuruFocus' analysis, Intelligent Wave stock appears to be overvalued.
The current stock price of 円1,315.00 is trading 9.3% above its estimated GF Value™ of 円1,203.09.
GuruFocus considers Intelligent Wave to be Fairly Valued.
Key valuation signals for TSE:4847:
Days Payable: 11.53 (50% below median its 10-year median of 22.97)
GF Value™: 円1,203.09 vs. price of 円1,315.00 (9.3% above fair value)
Industry Position: 77.7% below the Software median (#2189 of 2611)
No single metric tells the full story. See the TSE:4847 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intelligent Wave Inc is engaged in sales of system development services and system products, including hardware and software. It operates in two business segments including the Financial Systems Solutions business, and the Product Solutions business. In the Financial Systems Solutions business, it offers value-added system development, through software and hardware integration, and maintenance services for customers operating primarily in the financial services industry. In the Product Solutions business, it deploys and maintains high value-added systems for data security and other solutions based on the in-house developed product as well as system software procured from third parties for customers operating in a range of industries and fields.
89GF Score
Get the complete analysis for TSE:4847
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:4847 has been successfully added to your 
