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SystemexeTSE:548A -0.40%17 Days Payable is 19.73 as of Dec. 2025, which is 47% below its 10-year median of 36.93. GuruFocus rates TSE:548A with a GF Score™ of 17/100. Among 2,609 Software companies, Systemexe ranks better than 62.63% on this metric.
Systemexe's average Accounts Payable for the
three
months ended in Dec. 2025 was 円471 Mil. Systemexe's Cost of Goods Sold for the
three
months ended in Dec. 2025 was 円2,180 Mil.
Hence, Systemexe's Days Payable for the
three
months ended in Dec. 2025 was 19.73.
The historical rank and industry rank for Systemexe's Days Payable or its related term are showing as below:
TSE:548A'
s Days Payable Range Over the Past 10 Years
Min: 32.03 Med: 36.93 Max: 78.92
Current: 78.92
During the past 2 years, Systemexe's highest Days Payable was 78.92. The lowest was 32.03. And the median was 36.93.
TSE:548A's Days Payable is ranked better than 62.63% of 2609
companies
in the Software industry
Industry Median: 52.45
vs TSE:548A: 78.92
Systemexe's Days Payable
increased
from . 20 (0.00) to Dec. 2025 (19.73).
It may suggest that Systemexedelayed paying its suppliers.
The historical data trend for Systemexe'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.
Systemexe Days Payable Chart
Systemexe Annual Data
Trend
Mar24
Mar25
Days Payable
41.83
32.03
Systemexe Quarterly Data
Mar24
Mar25
Dec25
Days Payable
0.00
0.00
19.73
TSE:548A vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Systemexe'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.
Systemexe Days Payable vs Software Industry
For the Software industry and Technology sector, Systemexe's Days Payable distribution charts can be found below:
* The bar in red indicates where Systemexe'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.
Systemexe's Days Payable for the fiscal year that ended in Mar. 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.
Systemexe (TSE:548A) has a Days Payable of 19.73 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Systemexe and its competitors. This is 47% below median its historical median of 36.93. Over the past decade, Systemexe's Days Payable has ranged from 32.03 to 78.92. According to the industry distribution chart, Systemexe ranks #975 out of 2609 companies in the Software industry, placing it in the top 37.4%.
Is Systemexe's Days Payable too high?
Systemexe's current Days Payable of 19.73 is 47% below median its 10-year median of 36.93. Over the past 10 years, this metric has ranged from a low of 32.03 to a high of 78.92. The Software industry median Days Payable is 52.45. Systemexe's value of 19.73 is 62.4% below this industry median. Based on the distribution chart, Systemexe ranks #975 out of 2609 companies in the Software industry, which is above the industry midpoint. Overall, Systemexe has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Systemexe's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Systemexe ranks #975 out of 2609 companies for Days Payable. This puts Systemexe in the upper half of its industry. The industry median Days Payable is 52.45. Systemexe's value of 19.73 is 62.4% below this benchmark. Historically, Systemexe's own Days Payable has ranged from 32.03 to 78.92 over the past decade. While the company's 10-year median is 36.93 vs. the industry median of 52.45, Systemexe 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 52.45, based on 2,609 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. Systemexe's current Days Payable of 19.73 is 62.4% 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 Systemexe and its competitors. For the Software industry, the median Days Payable is 52.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Systemexe's current Days Payable is 19.73, which is 47% below median its own 10-year median of 36.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systemexe stock overvalued right now?
Systemexe (TSE:548A) has a current Days Payable of 19.73. The current Days Payable is 19.73, which is 47% below median its 10-year median of 36.93 and 62.4% below the Software industry median of 52.45. Systemexe's overall GF Score™ is 17/100. 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 Systemexe (TSE:548A), the current Days Payable is 19.73 as of Dec. 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.
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