SmartDrive (TSE:5137) Days Payable: 27.97 (As of Mar. 2026) — 21% Below Median

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TSE:5137 SmartDrive inc TSE:5137
65 GF Score
Price 円207.00
GF Value 円569.95
Valuation Significantly Undervalued
! 3 Warning Signs
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What is SmartDrive Days Payable?

SmartDrive TSE:5137 -2.36% 65 Days Payable is 27.97 as of Mar. 2026, which is 21% below its 10-year median of 35.23. GuruFocus rates TSE:5137 with a GF Score™ of 65/100 and a GF Value™ of 円569.95 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,611 Software companies, SmartDrive ranks worse than 68.25% on this metric.

SmartDrive's average Accounts Payable for the three months ended in Mar. 2026 was 円98 Mil. SmartDrive's Cost of Goods Sold for the three months ended in Mar. 2026 was 円321 Mil. Hence, SmartDrive's Days Payable for the three months ended in Mar. 2026 was 27.97.

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

TSE:5137' s Days Payable Range Over the Past 10 Years
Min: 24.78   Med: 35.23   Max: 41.62
Current: 30.3

During the past 6 years, SmartDrive's highest Days Payable was 41.62. The lowest was 24.78. And the median was 35.23.

TSE:5137's Days Payable is ranked worse than
68.25% of 2611 companies
in the Software industry
Industry Median: 52.78 vs TSE:5137: 30.30

SmartDrive's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (27.97). It may suggest that SmartDrive delayed paying its suppliers.


SmartDrive Days Payable Historical Data

* Premium members only.

The historical data trend for SmartDrive'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.

SmartDrive Days Payable Chart

SmartDrive Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial 34.34 41.62 36.96 26.55 24.78

SmartDrive Quarterly Data
Sep20 Sep21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 35.82 23.88 25.57 27.97

TSE:5137 vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, SmartDrive'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.


SmartDrive Days Payable vs Software Industry

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

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


TSE:5137
65GF Score
SmartDrive inc TSE:5137
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SmartDrive 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.

SmartDrive's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (72.301 + 78.671) / 2 ) / 1111.663*365
=75.486 / 1111.663*365
=24.78

SmartDrive'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (71.186 + 125.688) / 2 ) / 321.109*365 / 4
=98.437 / 321.109*365 / 4
=27.97

* 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 27.97 mean?
SmartDrive (TSE:5137) has a Days Payable of 27.97 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 SmartDrive and its competitors. This is 21% below median its historical median of 35.23. Over the past decade, SmartDrive's Days Payable has ranged from 24.78 to 41.62. According to the industry distribution chart, SmartDrive ranks #1782 out of 2611 companies in the Software industry, placing it in the top 68.2%.
Is SmartDrive's Days Payable too high?
SmartDrive's current Days Payable of 27.97 is 21% below median its 10-year median of 35.23. Over the past 10 years, this metric has ranged from a low of 24.78 to a high of 41.62. The Software industry median Days Payable is 52.78. SmartDrive's value of 27.97 is 47% below this industry median. Based on the distribution chart, SmartDrive ranks #1782 out of 2611 companies in the Software industry, which is below the industry midpoint. Overall, SmartDrive has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SmartDrive's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, SmartDrive ranks #1782 out of 2611 companies for Days Payable. This places SmartDrive in the lower half of its industry. The industry median Days Payable is 52.78. SmartDrive's value of 27.97 is 47% below this benchmark. Historically, SmartDrive's own Days Payable has ranged from 24.78 to 41.62 over the past decade. While the company's 10-year median is 35.23 vs. the industry median of 52.78, SmartDrive 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 2,611 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. SmartDrive's current Days Payable of 27.97 is 47% 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 SmartDrive 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. SmartDrive's current Days Payable is 27.97, which is 21% below median its own 10-year median of 35.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartDrive stock overvalued right now?
Based on GuruFocus' analysis, SmartDrive (TSE:5137) is currently considered Significantly Undervalued. The stock's GF Value™ is 円569.95, compared to a current price of 円207.00 — trading 63.7% below its estimated fair value. The current Days Payable is 27.97, which is 21% below median its 10-year median of 35.23 and 47% below the Software industry median of 52.78. SmartDrive's overall GF Score™ is 65/100 with 3 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 SmartDrive (TSE:5137), the current Days Payable is 27.97 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 SmartDrive (TSE:5137) Overvalued in 2026?

Based on GuruFocus' analysis, SmartDrive stock appears to be undervalued. The current stock price of 円207.00 is trading 63.7% below its estimated GF Value™ of 円569.95. GuruFocus considers SmartDrive to be Significantly Undervalued.

Key valuation signals for TSE:5137:

  • Days Payable: 27.97 (21% below median its 10-year median of 35.23)
  • GF Value™: 円569.95 vs. price of 円207.00 (63.7% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 47% below the Software median (#1782 of 2611)

No single metric tells the full story. See the TSE:5137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SmartDrive Business Description

Address 1-1-2 Yuraku-cho, 12th Floor, Hibiya Mitsui Tower, Chiyoda-ku, Tokyo, JPN, 100-0006
SmartDrive inc is engaged in the development and provision of hardware, applications, telematics services, etc., and data collection and analysis for the mobility sector. It is promoting mobility data, GPS data (latitude and longitude, GPS speed, GPS accuracy), acceleration, and other technologies both in Japan and overseas. The group mainly operates the following businesses: Domestic Fleet Operator (DX) for companies that utilize cars, Domestic AO (DX) in the automotive industry, and Overseas Mobility DX Business. It offers cloud-based vehicle management systems, digital transformation (DX) services for vehicle-related operations, and a mobile data platform to analyze the data obtained from various devices such as dashcams and GPS trackers, and use it for various mobility services.
65GF Score

Get the complete analysis for TSE:5137

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

円207.00
Price
円569.95
GF Value