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GRCSTSE:9250 -0.52%49 Days Payable is 23.43 as of May. 2026, which is 27% above its 10-year median of 18.48. GuruFocus rates TSE:9250 with a GF Score™ of 49/100 and a GF Value™ of 円1,540.75 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,608 Software companies, GRCS ranks worse than 79.06% on this metric.
GRCS's average Accounts Payable for the
three
months ended in May. 2026 was 円166 Mil. GRCS's Cost of Goods Sold for the
three
months ended in May. 2026 was 円645 Mil.
Hence, GRCS's Days Payable for the
three
months ended in May. 2026 was 23.43.
The historical rank and industry rank for GRCS's Days Payable or its related term are showing as below:
TSE:9250'
s Days Payable Range Over the Past 10 Years
Min: 17.49 Med: 18.48 Max: 20.63
Current: 19.94
During the past 7 years, GRCS's highest Days Payable was 20.63. The lowest was 17.49. And the median was 18.48.
TSE:9250's Days Payable is ranked worse than 79.06% of 2608
companies
in the Software industry
Industry Median: 51.715
vs TSE:9250: 19.94
GRCS's Days Payable
increased
from May. 2025 (15.71) to May. 2026 (23.43).
It may suggest that GRCSdelayed paying its suppliers.
The historical data trend for GRCS'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.
TSE:9250 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, GRCS'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.
GRCS Days Payable vs Software Industry
For the Software industry and Technology sector, GRCS's Days Payable distribution charts can be found below:
* The bar in red indicates where GRCS's Days Payable falls into.
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.
GRCS's Days Payable for the fiscal year that ended in Nov. 2025 is calculated as
* 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.
GRCS (TSE:9250) has a Days Payable of 23.43 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on GRCS and its competitors. This is 27% above median its historical median of 18.48. Over the past decade, GRCS's Days Payable has ranged from 17.49 to 20.63. According to the industry distribution chart, GRCS ranks #2062 out of 2608 companies in the Software industry, placing it in the top 79.1%.
Is GRCS's Days Payable too high?
GRCS's current Days Payable of 23.43 is 27% above median its 10-year median of 18.48. Over the past 10 years, this metric has ranged from a low of 17.49 to a high of 20.63. The Software industry median Days Payable is 51.72. GRCS's value of 23.43 is 54.7% below this industry median. Based on the distribution chart, GRCS ranks #2062 out of 2608 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GRCS has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GRCS's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, GRCS ranks #2062 out of 2608 companies for Days Payable. This places GRCS in the lower half of its industry. The industry median Days Payable is 51.72. GRCS's value of 23.43 is 54.7% below this benchmark. Historically, GRCS's own Days Payable has ranged from 17.49 to 20.63 over the past decade. While the company's 10-year median is 18.48 vs. the industry median of 51.72, GRCS 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 51.72, based on 2,608 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. GRCS's current Days Payable of 23.43 is 54.7% 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 GRCS 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. GRCS's current Days Payable is 23.43, which is 27% above median its own 10-year median of 18.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRCS stock overvalued right now?
Based on GuruFocus' analysis, GRCS (TSE:9250) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,540.75, compared to a current price of 円958.00 — trading 37.8% below its estimated fair value. The current Days Payable is 23.43, which is 27% above median its 10-year median of 18.48 and 54.7% below the Software industry median of 51.72. GRCS's overall GF Score™ is 49/100 with 5 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 GRCS (TSE:9250), the current Days Payable is 23.43 as of May. 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 GRCS (TSE:9250) Overvalued in 2026?
Based on GuruFocus' analysis, GRCS stock appears to be undervalued.
The current stock price of 円958.00 is trading 37.8% below its estimated GF Value™ of 円1,540.75.
GuruFocus considers GRCS to be Possible Value Trap.
Key valuation signals for TSE:9250:
Days Payable: 23.43 (27% above median its 10-year median of 18.48)
GF Value™: 円1,540.75 vs. price of 円958.00 (37.8% below fair value)
Industry Position: 54.7% below the Software median (#2062 of 2608)
No single metric tells the full story. See the TSE:9250 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GRCS Inc provides GRC solutions that visualize the risks surrounding a company and utilize IT to optimize company rules and social rules while utilizing them in management. Its GRC solutions business is divided into the Solutions Division and the Products Division. The Solutions division provides support for the implementation of GRC-related tools, including the design and construction of in-house developed products; consulting services such as IT security design, construction of regulations and policies, analysis, diagnosis, etc.; and services related to financial technology, including system analysis, development, and implementation. The Products division offers products that help solve operational issues related to GRC, managing personal information, and preventing security incidents.
49GF Score
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