Surigiken Co (TSE:616A) Days Payable: 13.33 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:616A Surigiken Co Ltd TSE:616A
5 GF Score
Price 円568.00
View Full Analysis

What is Surigiken Co Days Payable?

Surigiken Co TSE:616A 5 Days Payable is 13.33 as of Mar. 2026. GuruFocus rates TSE:616A with a GF Score™ of 5/100. Among 2,604 Software companies, Surigiken Co ranks worse than 38402.42% on this metric.

Surigiken Co's average Accounts Payable for the six months ended in Mar. 2026 was 円28.6 Mil. Surigiken Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円392.1 Mil. Hence, Surigiken Co's Days Payable for the six months ended in Mar. 2026 was 13.33.

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

TSE:616A's Days Payable is not ranked *
in the Software industry.
Industry Median: 51.715
* Ranked among companies with meaningful Days Payable only.

Surigiken Co's Days Payable increased from Sep. 2024 (0.00) to Mar. 2026 (13.33). It may suggest that Surigiken Co delayed paying its suppliers.

Surigiken Co Days Payable Historical Data

* Premium members only.

The historical data trend for Surigiken Co'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.

Surigiken Co Days Payable Chart

Surigiken Co Annual Data
Trend Sep24 Sep25
Days Payable
14.12 13.58

Surigiken Co Semi-Annual Data
Sep24 Sep25 Mar26
Days Payable 0.00 0.00 13.33

TSE:616A vs MSFT, PLTR, ORCL: Days Payable Comparison

For the Software - Infrastructure subindustry, Surigiken Co'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.

Surigiken Co Days Payable vs Software Industry

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

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


TSE:616A
5GF Score
Surigiken Co Ltd TSE:616A
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Surigiken Co 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.

Surigiken Co'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
=( (30.635 + 29.36) / 2 ) / 806.05*365
=29.9975 / 806.05*365
=13.58

Surigiken Co'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (29.36 + 27.922) / 2 ) / 392.079*365 / 2
=28.641 / 392.079*365 / 2
=13.33

* 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 13.33 mean?
Surigiken Co (TSE:616A) has a Days Payable of 13.33 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 Surigiken Co and its competitors. According to the industry distribution chart, Surigiken Co ranks #999999 out of 2604 companies in the Software industry.
Is Surigiken Co's Days Payable too high?
Surigiken Co's current Days Payable is 13.33. The Software industry median Days Payable is 51.72. Surigiken Co's value of 13.33 is 74.2% below this industry median. Based on the distribution chart, Surigiken Co ranks #999999 out of 2604 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Surigiken Co has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Surigiken Co's Days Payable compare to MSFT and PLTR?
According to the Software industry distribution chart, Surigiken Co ranks #999999 out of 2604 companies for Days Payable. This places Surigiken Co in the lower half of its industry. The industry median Days Payable is 51.72. Surigiken Co's value of 13.33 is 74.2% below this benchmark. 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. Surigiken Co's current Days Payable of 13.33 is 74.2% 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 Surigiken Co 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. Surigiken Co's current Days Payable is 13.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surigiken Co stock overvalued right now?
Surigiken Co (TSE:616A) has a current Days Payable of 13.33. The current Days Payable is 13.33 and 74.2% below the Software industry median of 51.72. Surigiken Co's overall GF Score™ is 5/100. 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 Surigiken Co (TSE:616A), the current Days Payable is 13.33 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.

Surigiken Co Business Description

Address 3-7-10, Nishigotanda, 4th Floor, Urban Net Gotanda NN Building, Shinagawa-ku, Tokyo, JPN, 141-0031
Surigiken Co Ltd is engaged in the research and development of computer infrastructure systems and basic software, including operating systems, networks, and middleware. It also provides technical services and develops software related to applied mathematical computing technologies, covering areas such as aerospace engineering, structural computation, financial engineering, and optimization. In addition, the company provides design consulting and software development services for various business application systems, including systems that utilize raw data.
5GF Score

Get the complete analysis for TSE:616A

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

円568.00
Price