TRaaS On Product (TSE:6696) Days Payable: 0.00 (As of Jan. 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:6696 TRaaS On Product Inc TSE:6696
50 GF Score
Price 円291.00
GF Value 円488.75
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is TRaaS On Product Days Payable?

TRaaS On Product TSE:6696 -3.32% 50 Days Payable is 0.00 as of Jan. 2026. GuruFocus rates TSE:6696 with a GF Score™ of 50/100 and a GF Value™ of 円488.75 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,443 Hardware companies, TRaaS On Product ranks worse than 90.18% on this metric.

TRaaS On Product's average Accounts Payable for the three months ended in Jan. 2026 was 円13.6 Mil. TRaaS On Product's Cost of Goods Sold for the three months ended in Jan. 2026 was 円0.0 Mil.

The historical rank and industry rank for TRaaS On Product's Days Payable or its related term are showing as below:

TSE:6696' s Days Payable Range Over the Past 10 Years
Min: 8.84   Med: 37.93   Max: 84.57
Current: 25.3

During the past 11 years, TRaaS On Product's highest Days Payable was 84.57. The lowest was 8.84. And the median was 37.93.

TSE:6696's Days Payable is ranked worse than
90.18% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs TSE:6696: 25.30

TRaaS On Product's Days Payable stayed the same from Jan. 2025 (0.00) to Jan. 2026 (0.00). stayed the same


TRaaS On Product Days Payable Historical Data

* Premium members only.

The historical data trend for TRaaS On Product'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.

TRaaS On Product Days Payable Chart

TRaaS On Product Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.48 8.84 31.42 49.88 34.29

TRaaS On Product Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.95 2.34 0.00 0.00 27.67

TSE:6696 vs CSCO, CIEN, MSI: Days Payable Comparison

For the Communication Equipment subindustry, TRaaS On Product'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.


TRaaS On Product Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, TRaaS On Product's Days Payable distribution charts can be found below:

* The bar in red indicates where TRaaS On Product's Days Payable falls into.


TSE:6696
50GF Score
TRaaS On Product Inc TSE:6696
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRaaS On Product 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.

TRaaS On Product's Days Payable for the fiscal year that ended in Jan. 2026 is calculated as

Days Payable (A: Jan. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2025 ) + Accounts Payable (A: Jan. 2026 )) / count ) / Cost of Goods Sold (A: Jan. 2026 )*Days in Period
=( (27.464 + 22.102) / 2 ) / 263.839*365
=24.783 / 263.839*365
=34.29

TRaaS On Product's Days Payable for the quarter that ended in Jan. 2026 is calculated as:

Days Payable (Q: Jan. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2025 ) + Accounts Payable (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (5.115 + 22.102) / 2 ) / 0*365 / 4
=13.6085 / 0*365 / 4
=N/A

* 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 0.00 mean?
TRaaS On Product (TSE:6696) has a Days Payable of 0.00 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TRaaS On Product and its competitors. Over the past decade, TRaaS On Product's Days Payable has ranged from 8.84 to 84.57. According to the industry distribution chart, TRaaS On Product ranks #2203 out of 2443 companies in the Hardware industry, placing it in the top 90.2%.
Is TRaaS On Product's Days Payable too high?
TRaaS On Product's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 8.84 to a high of 84.57. Based on the distribution chart, TRaaS On Product ranks #2203 out of 2443 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, TRaaS On Product has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRaaS On Product's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TRaaS On Product ranks #2203 out of 2443 companies for Days Payable. This places TRaaS On Product in the lower half of its industry. The industry median Days Payable is 69.89. Historically, TRaaS On Product's own Days Payable has ranged from 8.84 to 84.57 over the past decade. 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,443 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. 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 TRaaS On Product and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRaaS On Product's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRaaS On Product stock overvalued right now?
Based on GuruFocus' analysis, TRaaS On Product (TSE:6696) is currently considered Possible Value Trap. The stock's GF Value™ is 円488.75, compared to a current price of 円291.00 — trading 40.5% below its estimated fair value. The current Days Payable is 0.00. TRaaS On Product's overall GF Score™ is 50/100 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 TRaaS On Product (TSE:6696), the current Days Payable is 0.00 as of Jan. 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.

Is TRaaS On Product (TSE:6696) Overvalued in 2026?

Based on GuruFocus' analysis, TRaaS On Product stock appears to be undervalued. The current stock price of 円291.00 is trading 40.5% below its estimated GF Value™ of 円488.75. GuruFocus considers TRaaS On Product to be Possible Value Trap.

Key valuation signals for TSE:6696:

  • Days Payable: 0.00
  • GF Value™: 円488.75 vs. price of 円291.00 (40.5% below fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the TSE:6696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRaaS On Product Business Description

Address 2-9-30 Kitasaiwai, Nishi Ward, Yokohama Nishiguchi Kato Building2nd floor, Kanagawa Prefecture, Yokohama, JPN, 220-0004
TRaaS On Product Inc is engaged in telecommunications, followed by the IT revolution, and manufacturing in which the subject of value shifted to something different.
50GF Score

Get the complete analysis for TSE:6696

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

円291.00
Price
円488.75
GF Value