M D B (TSE:5594) Days Payable: 22.81 (As of Oct. 2025) — Near Median

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TSE:5594 M D B Corp TSE:5594
14 GF Score
Price 円500.00
! 1 Warning Sign
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What is M D B Days Payable?

M D B TSE:5594 14 Days Payable is 22.81 as of Oct. 2025, which is 2% above its 10-year median of 22.39. GuruFocus rates TSE:5594 with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

M D B's average Accounts Payable for the six months ended in Oct. 2025 was 円114 Mil. M D B's Cost of Goods Sold for the six months ended in Oct. 2025 was 円910 Mil. Hence, M D B's Days Payable for the six months ended in Oct. 2025 was 22.81.

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

TSE:5594' s Days Payable Range Over the Past 10 Years
Min: 22.25   Med: 22.39   Max: 23.37
Current: 22.81

During the past 4 years, M D B's highest Days Payable was 23.37. The lowest was 22.25. And the median was 22.39.

TSE:5594's Days Payable is not ranked
in the Software industry.
Industry Median: 51.88 vs TSE:5594: 22.81

M D B's Days Payable increased from Oct. 2024 (22.72) to Oct. 2025 (22.81). It may suggest that M D B delayed paying its suppliers.


M D B Days Payable Historical Data

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The historical data trend for M D B'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.

M D B Days Payable Chart

M D B Annual Data
Trend Apr23 Apr24 Apr25 Apr26
Days Payable
23.37 22.39 22.25 0.00

M D B Semi-Annual Data
Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Days Payable Get a 7-Day Free Trial 22.11 22.72 23.48 22.81 0.00

TSE:5594 vs : Days Payable Comparison

For the Information Technology Services subindustry, M D B'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.


M D B Days Payable vs Software Industry

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

* The bar in red indicates where M D B's Days Payable falls into.


TSE:5594
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M D B Corp TSE:5594
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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M D B 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.

M D B's Days Payable for the fiscal year that ended in Apr. 2025 is calculated as

Days Payable (A: Apr. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2024 ) + Accounts Payable (A: Apr. 2025 )) / count ) / Cost of Goods Sold (A: Apr. 2025 )*Days in Period
=( (100.572 + 123.158) / 2 ) / 1835.31*365
=111.865 / 1835.31*365
=22.25

M D B's Days Payable for the quarter that ended in Oct. 2025 is calculated as:

Days Payable (Q: Oct. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2025 ) + Accounts Payable (Q: Oct. 2025 )) / count ) / Cost of Goods Sold (Q: Oct. 2025 )*Days in Period
=( (123.158 + 104.337) / 2 ) / 909.897*365 / 2
=113.7475 / 909.897*365 / 2
=22.81

* 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 22.81 mean?
M D B (TSE:5594) has a Days Payable of 22.81 as of Oct. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on M D B and its competitors. This is near median its historical median of 22.39. Over the past decade, M D B's Days Payable has ranged from 22.25 to 23.37.
Is M D B's Days Payable too high?
M D B's current Days Payable of 22.81 is near median its 10-year median of 22.39. Over the past 10 years, this metric has ranged from a low of 22.25 to a high of 23.37. The Software industry median Days Payable is 51.88. M D B's value of 22.81 is 56% below this industry median. Overall, M D B has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does M D B's Days Payable compare to ?
M D B's Days Payable of 22.81 can be compared against companies in the Software industry. The industry median Days Payable is 51.88. M D B's value of 22.81 is 56% below this benchmark. Historically, M D B's own Days Payable has ranged from 22.25 to 23.37 over the past decade. While the company's 10-year median is 22.39 vs. the industry median of 51.88, M D B 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 51.88, based on 2,612 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. M D B's current Days Payable of 22.81 is 56% 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 M D B and its competitors. For the Software industry, the median Days Payable is 51.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M D B's current Days Payable is 22.81, which is near median its own 10-year median of 22.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M D B stock overvalued right now?
M D B (TSE:5594) has a current Days Payable of 22.81. The current Days Payable is 22.81, which is near median its 10-year median of 22.39 and 56% below the Software industry median of 51.88. M D B's overall GF Score™ is 14/100 with 1 warning sign 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 M D B (TSE:5594), the current Days Payable is 22.81 as of Oct. 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.

M D B Business Description

Comparable Companies
Address 5-52-2 Jingumae, 2nd floor, Aoyama Oval Building, Shibuya-ku, Tokyo, JPN, 150-0001
M D B Corp is a Japan-based company engaged in the information solution business. The company provides system integration services, which include System design, development, implementation support, maintenance work, quasi-agency contract/dispatch contract, Web creation & maintenance work, and Server design & maintenance work. The company is also engaged in Digital content services, which provide Image analysis services, map creation services, and various content contract work.
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円500.00
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