CRG Holdings Co (TSE:7041) Days Payable: 4.40 (As of Mar. 2026) — 304% Above 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:7041 CRG Holdings Co Ltd TSE:7041
56 GF Score
Price 円348.00
GF Value 円386.92
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is CRG Holdings Co Days Payable?

CRG Holdings Co TSE:7041 +1.75% 56 Days Payable is 4.40 as of Mar. 2026, which is 304% above its 10-year median of 1.09. GuruFocus rates TSE:7041 with a GF Score™ of 56/100 and a GF Value™ of 円386.92 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 944 Business Services companies, CRG Holdings Co ranks worse than 94.49% on this metric.

CRG Holdings Co's average Accounts Payable for the three months ended in Mar. 2026 was 円145 Mil. CRG Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円3,010 Mil. Hence, CRG Holdings Co's Days Payable for the three months ended in Mar. 2026 was 4.40.

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

TSE:7041' s Days Payable Range Over the Past 10 Years
Min: 1.05   Med: 1.09   Max: 3.65
Current: 3.65

During the past 10 years, CRG Holdings Co's highest Days Payable was 3.65. The lowest was 1.05. And the median was 1.09.

TSE:7041's Days Payable is ranked worse than
94.49% of 944 companies
in the Business Services industry
Industry Median: 45.785 vs TSE:7041: 3.65

CRG Holdings Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (4.40). It may suggest that CRG Holdings Co delayed paying its suppliers.


CRG Holdings Co Days Payable Historical Data

* Premium members only.

The historical data trend for CRG Holdings 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.

CRG Holdings Co Days Payable Chart

CRG Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.08 1.10 1.57 2.73

CRG Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.95 0.00 3.58 4.40

TSE:7041 vs KFY, RHI, TNET: Days Payable Comparison

For the Staffing & Employment Services subindustry, CRG Holdings 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.


CRG Holdings Co Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, CRG Holdings Co's Days Payable distribution charts can be found below:

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


TSE:7041
56GF Score
CRG Holdings Co Ltd TSE:7041
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CRG Holdings 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.

CRG Holdings 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
=( (60.958 + 123.458) / 2 ) / 12315.004*365
=92.208 / 12315.004*365
=2.73

CRG Holdings 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
=( (135.171 + 155.189) / 2 ) / 3009.695*365 / 4
=145.18 / 3009.695*365 / 4
=4.40

* 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 4.40 mean?
CRG Holdings Co (TSE:7041) has a Days Payable of 4.40 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 CRG Holdings Co and its competitors. This is 304% above median its historical median of 1.09. Over the past decade, CRG Holdings Co's Days Payable has ranged from 1.05 to 3.65. According to the industry distribution chart, CRG Holdings Co ranks #892 out of 944 companies in the Business Services industry, placing it in the top 94.5%.
Is CRG Holdings Co's Days Payable too high?
CRG Holdings Co's current Days Payable of 4.40 is 304% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 3.65. The Business Services industry median Days Payable is 45.79. CRG Holdings Co's value of 4.40 is 90.4% below this industry median. Based on the distribution chart, CRG Holdings Co ranks #892 out of 944 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, CRG Holdings Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CRG Holdings Co's Days Payable compare to KFY and RHI?
According to the Business Services industry distribution chart, CRG Holdings Co ranks #892 out of 944 companies for Days Payable. This places CRG Holdings Co in the lower half of its industry. The industry median Days Payable is 45.79. CRG Holdings Co's value of 4.40 is 90.4% below this benchmark. Historically, CRG Holdings Co's own Days Payable has ranged from 1.05 to 3.65 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 45.79, CRG Holdings 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 Business Services company?
The median Days Payable among Business Services companies is 45.79, based on 944 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. CRG Holdings Co's current Days Payable of 4.40 is 90.4% 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 CRG Holdings Co and its competitors. For the Business Services industry, the median Days Payable is 45.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRG Holdings Co's current Days Payable is 4.40, which is 304% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRG Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, CRG Holdings Co (TSE:7041) is currently considered Modestly Undervalued. The stock's GF Value™ is 円386.92, compared to a current price of 円348.00 — trading 10.1% below its estimated fair value. The current Days Payable is 4.40, which is 304% above median its 10-year median of 1.09 and 90.4% below the Business Services industry median of 45.79. CRG Holdings Co's overall GF Score™ is 56/100 with 6 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 CRG Holdings Co (TSE:7041), the current Days Payable is 4.40 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 CRG Holdings Co (TSE:7041) Overvalued in 2026?

Based on GuruFocus' analysis, CRG Holdings Co stock appears to be undervalued. The current stock price of 円348.00 is trading 10.1% below its estimated GF Value™ of 円386.92. GuruFocus considers CRG Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:7041:

  • Days Payable: 4.40 (304% above median its 10-year median of 1.09)
  • GF Value™: 円386.92 vs. price of 円348.00 (10.1% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 90.4% below the Business Services median (#892 of 944)

No single metric tells the full story. See the TSE:7041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRG Holdings Co Business Description

Address 2-1-1 Nishi-Shinjuku, 37th Floor, Shinjuku Mitsui Building, Shinjuku-ku, Tokyo, JPN, 163-0437
CRG Holdings Co Ltd is engaged in HR-related and financial services. The company has two reportable segments: HR-Related Business and Financial Business. The HR-Related segment provides services such as temporary staffing, recruitment, manufacturing contracting, BPO, employment support for people with disabilities, and interpretation and translation. The Financial segment offers business financing, M&A brokerage, and investment services. It generates the majority of its revenue from the Financial segment.
56GF Score

Get the complete analysis for TSE:7041

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

円348.00
Price
円386.92
GF Value