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CoelTSE:522A 18 Days Payable is 28.36 as of Mar. 2026, which is 4% above its 10-year median of 27.32. GuruFocus rates TSE:522A with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 2,604 Software companies, Coel ranks better than 53.46% on this metric.
Coel's average Accounts Payable for the
six
months ended in Mar. 2026 was 円138 Mil. Coel's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円891 Mil.
Hence, Coel's Days Payable for the
six
months ended in Mar. 2026 was 28.36.
The historical rank and industry rank for Coel's Days Payable or its related term are showing as below:
TSE:522A'
s Days Payable Range Over the Past 10 Years
Min: 27.25 Med: 27.32 Max: 56.72
Current: 56.72
During the past 2 years, Coel's highest Days Payable was 56.72. The lowest was 27.25. And the median was 27.32.
TSE:522A's Days Payable is ranked better than 53.46% of 2604
companies
in the Software industry
Industry Median: 51.715
vs TSE:522A: 56.72
Coel's Days Payable
increased
from Sep. 2024 (0.00) to Mar. 2026 (28.36).
It may suggest that Coeldelayed paying its suppliers.
The historical data trend for Coel'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.
Coel Days Payable Chart
Coel Annual Data
Trend
Sep24
Sep25
Days Payable
27.39
27.25
Coel Semi-Annual Data
Sep24
Sep25
Mar26
Days Payable
0.00
0.00
28.36
TSE:522A vs MSFT, PLTR, ORCL: Days Payable Comparison
For the Software - Infrastructure subindustry, Coel'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.
Coel Days Payable vs Software Industry
For the Software industry and Technology sector, Coel's Days Payable distribution charts can be found below:
* The bar in red indicates where Coel'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.
Coel's Days Payable for the fiscal year that ended in Sep. 2025 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.
Coel (TSE:522A) has a Days Payable of 28.36 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 Coel and its competitors. This is near median its historical median of 27.32. Over the past decade, Coel's Days Payable has ranged from 27.25 to 56.72. According to the industry distribution chart, Coel ranks #1212 out of 2604 companies in the Software industry, placing it in the top 46.5%.
Is Coel's Days Payable too high?
Coel's current Days Payable of 28.36 is near median its 10-year median of 27.32. Over the past 10 years, this metric has ranged from a low of 27.25 to a high of 56.72. The Software industry median Days Payable is 51.72. Coel's value of 28.36 is 45.2% below this industry median. Based on the distribution chart, Coel ranks #1212 out of 2604 companies in the Software industry, which is above the industry midpoint. Overall, Coel has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Coel's Days Payable compare to MSFT and PLTR?
According to the Software industry distribution chart, Coel ranks #1212 out of 2604 companies for Days Payable. This puts Coel in the upper half of its industry. The industry median Days Payable is 51.72. Coel's value of 28.36 is 45.2% below this benchmark. Historically, Coel's own Days Payable has ranged from 27.25 to 56.72 over the past decade. While the company's 10-year median is 27.32 vs. the industry median of 51.72, Coel 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 2,604 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. Coel's current Days Payable of 28.36 is 45.2% 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 Coel 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. Coel's current Days Payable is 28.36, which is near median its own 10-year median of 27.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coel stock overvalued right now?
Coel (TSE:522A) has a current Days Payable of 28.36. The current Days Payable is 28.36, which is near median its 10-year median of 27.32 and 45.2% below the Software industry median of 51.72. Coel's overall GF Score™ is 18/100 with 2 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 Coel (TSE:522A), the current Days Payable is 28.36 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.
Coel Inc provides services and software solutions aimed at streamlining back-office operations, including accounting, human resources, workflow management, and data utilization. Its offerings include enterprise software products and cloud-based solutions such as workflow management, ERP systems (Magistrate Series), data integration tools, and custom cloud application development on platforms like Salesforce and kintone.
18GF Score
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