Nulab (TSE:5033) Days Payable: 1.57 (As of Mar. 2026) — 69% Above Median


TSE:5033 Nulab Inc TSE:5033
86 GF Score
Price 円890.00
GF Value 円1,078.99
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Nulab Days Payable?

Nulab TSE:5033 -2.52% 86 Days Payable is 1.57 as of Mar. 2026, which is 69% above its 10-year median of 0.93. GuruFocus rates TSE:5033 with a GF Score™ of 86/100 and a GF Value™ of 円1,078.99 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,600 Software companies, Nulab ranks worse than 99.27% on this metric.

Nulab's average Accounts Payable for the six months ended in Mar. 2026 was 円5 Mil. Nulab's Cost of Goods Sold for the six months ended in Mar. 2026 was 円614 Mil. Hence, Nulab's Days Payable for the six months ended in Mar. 2026 was 1.57.

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

TSE:5033' s Days Payable Range Over the Past 10 Years
Min: 0.37   Med: 0.93   Max: 6.52
Current: 1.27

During the past 7 years, Nulab's highest Days Payable was 6.52. The lowest was 0.37. And the median was 0.93.

TSE:5033's Days Payable is ranked worse than
99.27% of 2600 companies
in the Software industry
Industry Median: 53.675 vs TSE:5033: 1.27

Nulab's Days Payable increased from Mar. 2025 (0.57) to Mar. 2026 (1.57). It may suggest that Nulab delayed paying its suppliers.


Nulab Days Payable Historical Data

* Premium members only.

The historical data trend for Nulab'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.

Nulab Days Payable Chart

Nulab Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 3.81 0.59 0.37 0.40 0.93

Nulab Semi-Annual Data
Mar20 Mar21 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 0.34 0.45 0.57 1.31 1.57

TSE:5033 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Nulab'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.


Nulab Days Payable vs Software Industry

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

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


TSE:5033
86GF Score
Nulab Inc TSE:5033
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nulab 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.

Nulab'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
=( (1.495 + 4.365) / 2 ) / 1150.668*365
=2.93 / 1150.668*365
=0.93

Nulab'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
=( (6.185 + 4.365) / 2 ) / 613.847*365 / 2
=5.275 / 613.847*365 / 2
=1.57

* 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 1.57 mean?
Nulab (TSE:5033) has a Days Payable of 1.57 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 Nulab and its competitors. This is 69% above median its historical median of 0.93. Over the past decade, Nulab's Days Payable has ranged from 0.37 to 6.52. According to the industry distribution chart, Nulab ranks #2581 out of 2600 companies in the Software industry, placing it in the top 99.3%.
Is Nulab's Days Payable too high?
Nulab's current Days Payable of 1.57 is 69% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 6.52. The Software industry median Days Payable is 53.68. Nulab's value of 1.57 is 97.1% below this industry median. Based on the distribution chart, Nulab ranks #2581 out of 2600 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nulab has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nulab's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Nulab ranks #2581 out of 2600 companies for Days Payable. This places Nulab in the lower half of its industry. The industry median Days Payable is 53.68. Nulab's value of 1.57 is 97.1% below this benchmark. Historically, Nulab's own Days Payable has ranged from 0.37 to 6.52 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 53.68, Nulab 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. Nulab's current Days Payable of 1.57 is 97.1% 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 Nulab 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. Nulab's current Days Payable is 1.57, which is 69% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nulab stock overvalued right now?
Based on GuruFocus' analysis, Nulab (TSE:5033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,078.99, compared to a current price of 円890.00 — trading 17.5% below its estimated fair value. The current Days Payable is 1.57, which is 69% above median its 10-year median of 0.93 and 97.1% below the Software industry median of 53.68. Nulab's overall GF Score™ is 86/100 with 5 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 Nulab (TSE:5033), the current Days Payable is 1.57 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 Nulab (TSE:5033) Overvalued in 2026?

Based on GuruFocus' analysis, Nulab stock appears to be undervalued. The current stock price of 円890.00 is trading 17.5% below its estimated GF Value™ of 円1,078.99. GuruFocus considers Nulab to be Modestly Undervalued.

Key valuation signals for TSE:5033:

  • Days Payable: 1.57 (69% above median its 10-year median of 0.93)
  • GF Value™: 円1,078.99 vs. price of 円890.00 (17.5% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 97.1% below the Software median (#2581 of 2600)

No single metric tells the full story. See the TSE:5033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nulab Business Description

Address 1-8-6 Daimyo, Chuo Ward, Fukuoka Prefecture, Fukuoka, JPN, 810-0041
Nulab Inc is engaged in developing and providing services that promote team collaboration. Its services are Backlog which is a Project management tool; Cacoo is a Visual collaboration tool; Typetalk is a Business chat tool; and Nulab Pass is a tool to strengthen information security and governance in organizations.
86GF Score

Get the complete analysis for TSE:5033

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

円890.00
Price
円1,078.99
GF Value