Plat'Home Co (TSE:6836) Days Payable: 53.45 (As of Mar. 2026) — Near Median

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:6836 Plat'Home Co Ltd TSE:6836
57 GF Score
Price 円820.00
GF Value 円1,018.90
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Plat'Home Co Days Payable?

Plat'Home Co TSE:6836 -1.20% 57 Days Payable is 53.45 as of Mar. 2026, which is 8% above its 10-year median of 49.29. GuruFocus rates TSE:6836 with a GF Score™ of 57/100 and a GF Value™ of 円1,018.90 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,439 Hardware companies, Plat'Home Co ranks worse than 68.51% on this metric.

Plat'Home Co's average Accounts Payable for the three months ended in Mar. 2026 was 円106 Mil. Plat'Home Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円180 Mil. Hence, Plat'Home Co's Days Payable for the three months ended in Mar. 2026 was 53.45.

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

TSE:6836' s Days Payable Range Over the Past 10 Years
Min: 43.21   Med: 49.29   Max: 67.56
Current: 50

During the past 13 years, Plat'Home Co's highest Days Payable was 67.56. The lowest was 43.21. And the median was 49.29.

TSE:6836's Days Payable is ranked worse than
68.51% of 2439 companies
in the Hardware industry
Industry Median: 70.04 vs TSE:6836: 50.00

Plat'Home Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (53.45). It may suggest that Plat'Home Co delayed paying its suppliers.


Plat'Home Co Days Payable Historical Data

* Premium members only.

The historical data trend for Plat'Home 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.

Plat'Home Co Days Payable Chart

Plat'Home Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.44 45.33 50.13 44.03 51.30

Plat'Home Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 35.15 35.92 58.55 53.45 59.05

TSE:6836 vs DELL, ANET, SNDK: Days Payable Comparison

For the Computer Hardware subindustry, Plat'Home 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.


Plat'Home Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Plat'Home Co's Days Payable distribution charts can be found below:

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


TSE:6836
57GF Score
Plat'Home Co Ltd TSE:6836
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plat'Home 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.

Plat'Home Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (70.766 + 136.318) / 2 ) / 736.722*365
=103.542 / 736.722*365
=51.30

Plat'Home 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (74.941 + 136.318) / 2 ) / 180.332*365 / 4
=105.6295 / 180.332*365 / 4
=53.45

* 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 53.45 mean?
Plat'Home Co (TSE:6836) has a Days Payable of 53.45 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 Plat'Home Co and its competitors. This is near median its historical median of 49.29. Over the past decade, Plat'Home Co's Days Payable has ranged from 43.21 to 67.56. According to the industry distribution chart, Plat'Home Co ranks #1671 out of 2439 companies in the Hardware industry, placing it in the top 68.5%.
Is Plat'Home Co's Days Payable too high?
Plat'Home Co's current Days Payable of 53.45 is near median its 10-year median of 49.29. Over the past 10 years, this metric has ranged from a low of 43.21 to a high of 67.56. The Hardware industry median Days Payable is 70.04. Plat'Home Co's value of 53.45 is 23.7% below this industry median. Based on the distribution chart, Plat'Home Co ranks #1671 out of 2439 companies in the Hardware industry, which is below the industry midpoint. Overall, Plat'Home Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plat'Home Co's Days Payable compare to DELL and ANET?
According to the Hardware industry distribution chart, Plat'Home Co ranks #1671 out of 2439 companies for Days Payable. This places Plat'Home Co in the lower half of its industry. The industry median Days Payable is 70.04. Plat'Home Co's value of 53.45 is 23.7% below this benchmark. Historically, Plat'Home Co's own Days Payable has ranged from 43.21 to 67.56 over the past decade. While the company's 10-year median is 49.29 vs. the industry median of 70.04, Plat'Home Co 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 Hardware company?
The median Days Payable among Hardware companies is 70.04, based on 2,439 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. Plat'Home Co's current Days Payable of 53.45 is 23.7% 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 Plat'Home Co and its competitors. For the Hardware industry, the median Days Payable is 70.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plat'Home Co's current Days Payable is 53.45, which is near median its own 10-year median of 49.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plat'Home Co stock overvalued right now?
Based on GuruFocus' analysis, Plat'Home Co (TSE:6836) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,018.90, compared to a current price of 円820.00 — trading 19.5% below its estimated fair value. The current Days Payable is 53.45, which is near median its 10-year median of 49.29 and 23.7% below the Hardware industry median of 70.04. Plat'Home Co's overall GF Score™ is 57/100 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 Plat'Home Co (TSE:6836), the current Days Payable is 53.45 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.

Is Plat'Home Co (TSE:6836) Overvalued in 2026?

Based on GuruFocus' analysis, Plat'Home Co stock appears to be undervalued. The current stock price of 円820.00 is trading 19.5% below its estimated GF Value™ of 円1,018.90. GuruFocus considers Plat'Home Co to be Modestly Undervalued.

Key valuation signals for TSE:6836:

  • Days Payable: 53.45 (near median its 10-year median of 49.29)
  • GF Value™: 円1,018.90 vs. price of 円820.00 (19.5% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 23.7% below the Hardware median (#1671 of 2439)

No single metric tells the full story. See the TSE:6836 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plat'Home Co Business Description

Address Nihon Building Kudan Bekkan, 3rd floor, Chiyoda-ku, Tokyo, JPN, 102-0073
Plat'Home Co Ltd develops, manufactures, and sells computers related products in Japan. The company offers micro-servers and IA server storage products, which include OpenBlocks IoT BX1G, an Internet of Things gateway for connecting various sensors, beacons, and devices to the cloud.
57GF Score

Get the complete analysis for TSE:6836

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

円820.00
Price
円1,018.90
GF Value