NoteTSE:5243 +2.52%60 Days Payable is 6.59 as of Nov. 2025, which is 1% below its 10-year median of 6.68. GuruFocus rates TSE:5243 with a GF Score™ of 60/100 and a GF Value™ of 円999.29 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,602 Software companies, Note ranks worse than 93.74% on this metric.
Note's average Accounts Payable for the
three
months ended in Nov. 2025 was 円5 Mil. Note's Cost of Goods Sold for the
three
months ended in Nov. 2025 was 円74 Mil.
Hence, Note's Days Payable for the
three
months ended in Nov. 2025 was 6.59.
The historical rank and industry rank for Note's Days Payable or its related term are showing as below:
TSE:5243'
s Days Payable Range Over the Past 10 Years
Min: 1.34 Med: 6.68 Max: 14.1
Current: 7.81
During the past 6 years, Note's highest Days Payable was 14.10. The lowest was 1.34. And the median was 6.68.
TSE:5243's Days Payable is ranked worse than 93.74% of 2602
companies
in the Software industry
Industry Median: 53.825
vs TSE:5243: 7.81
Note's Days Payable
increased
from Nov. 2024 (4.48) to Nov. 2025 (6.59).
It may suggest that Notedelayed paying its suppliers.
Note Days Payable Related Terms
Note Days Payable Historical Data
* Premium members only.
The historical data trend for Note'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:5243 vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, Note'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.
Note Days Payable vs Software Industry
For the Software industry and Technology sector, Note's Days Payable distribution charts can be found below:
* The bar in red indicates where Note'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.
Note's Days Payable for the fiscal year that ended in Nov. 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.
Note (TSE:5243) has a Days Payable of 6.59 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Note and its competitors. This is near median its historical median of 6.68. Over the past decade, Note's Days Payable has ranged from 1.34 to 14.10. According to the industry distribution chart, Note ranks #2439 out of 2602 companies in the Software industry, placing it in the top 93.7%.
Is Note's Days Payable too high?
Note's current Days Payable of 6.59 is near median its 10-year median of 6.68. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 14.10. The Software industry median Days Payable is 53.83. Note's value of 6.59 is 87.8% below this industry median. Based on the distribution chart, Note ranks #2439 out of 2602 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Note has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Note's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Note ranks #2439 out of 2602 companies for Days Payable. This places Note in the lower half of its industry. The industry median Days Payable is 53.83. Note's value of 6.59 is 87.8% below this benchmark. Historically, Note's own Days Payable has ranged from 1.34 to 14.10 over the past decade. While the company's 10-year median is 6.68 vs. the industry median of 53.83, Note 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 53.83, based on 2,602 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. Note's current Days Payable of 6.59 is 87.8% 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 Note and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Note's current Days Payable is 6.59, which is near median its own 10-year median of 6.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note stock overvalued right now?
Based on GuruFocus' analysis, Note (TSE:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is 円999.29, compared to a current price of 円2,075.00 — trading 107.6% above its estimated fair value. The current Days Payable is 6.59, which is near median its 10-year median of 6.68 and 87.8% below the Software industry median of 53.83. Note's overall GF Score™ is 60/100 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 Note (TSE:5243), the current Days Payable is 6.59 as of Nov. 2025. 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 Note (TSE:5243) Overvalued in 2026?
Based on GuruFocus' analysis, Note stock appears to be overvalued.
The current stock price of 円2,075.00 is trading 107.6% above its estimated GF Value™ of 円999.29.
GuruFocus considers Note to be Significantly Overvalued.
Key valuation signals for TSE:5243:
Days Payable: 6.59 (near median its 10-year median of 6.68)
GF Value™: 円999.29 vs. price of 円2,075.00 (107.6% above fair value)
Industry Position: 87.8% below the Software median (#2439 of 2602)
No single metric tells the full story. See the TSE:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:5243 has been successfully added to your 
