GRCS (TSE:9250) Days Payable: 17.81 (As of Nov. 2025) — Near Median

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TSE:9250 GRCS Inc TSE:9250
53 GF Score
Price 円920.00
GF Value 円1,901.94
Valuation Possible Value Trap
! 5 Warning Signs
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What is GRCS Days Payable?

GRCS TSE:9250 53 Days Payable is 17.81 as of Nov. 2025, which is 4% below its 10-year median of 18.48. GuruFocus rates TSE:9250 with a GF Score™ of 53/100 and a GF Value™ of 円1,901.94 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,605 Software companies, GRCS ranks worse than 81.38% on this metric.

GRCS's average Accounts Payable for the three months ended in Nov. 2025 was 円122 Mil. GRCS's Cost of Goods Sold for the three months ended in Nov. 2025 was 円626 Mil. Hence, GRCS's Days Payable for the three months ended in Nov. 2025 was 17.81.

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: 19.23

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
81.38% of 2605 companies
in the Software industry
Industry Median: 52.79 vs TSE:9250: 19.23

GRCS's Days Payable increased from Nov. 2024 (0.00) to Nov. 2025 (17.81). It may suggest that GRCS delayed paying its suppliers.


GRCS Days Payable Historical Data

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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.

GRCS Days Payable Chart

GRCS Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Days Payable
Get a 7-Day Free Trial 17.96 17.49 19.04 17.72 18.78

GRCS Quarterly Data
Nov19 Nov20 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 18.13 15.71 18.02 17.81 22.86

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.


TSE:9250
53GF Score
GRCS Inc TSE:9250
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GRCS 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.

GRCS's Days Payable for the fiscal year that ended in Nov. 2025 is calculated as

Days Payable (A: Nov. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2024 ) + Accounts Payable (A: Nov. 2025 )) / count ) / Cost of Goods Sold (A: Nov. 2025 )*Days in Period
=( (130.5 + 114.381) / 2 ) / 2379.884*365
=122.4405 / 2379.884*365
=18.78

GRCS's Days Payable for the quarter that ended in Nov. 2025 is calculated as:

Days Payable (Q: Nov. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Nov. 2025 )) / count ) / Cost of Goods Sold (Q: Nov. 2025 )*Days in Period
=( (129.873 + 114.381) / 2 ) / 625.888*365 / 4
=122.127 / 625.888*365 / 4
=17.81

* 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 17.81 mean?
GRCS (TSE:9250) has a Days Payable of 17.81 as of Nov. 2025. 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 near 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 #2120 out of 2605 companies in the Software industry, placing it in the top 81.4%.
Is GRCS's Days Payable too high?
GRCS's current Days Payable of 17.81 is near 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 52.79. GRCS's value of 17.81 is 66.3% below this industry median. Based on the distribution chart, GRCS ranks #2120 out of 2605 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GRCS has a GF Score™ of 53/100 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 #2120 out of 2605 companies for Days Payable. This places GRCS in the lower half of its industry. The industry median Days Payable is 52.79. GRCS's value of 17.81 is 66.3% 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 52.79, 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 52.79, based on 2,605 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 17.81 is 66.3% 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 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GRCS's current Days Payable is 17.81, which is near 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1,901.94, compared to a current price of 円920.00 — trading 51.6% below its estimated fair value. The current Days Payable is 17.81, which is near median its 10-year median of 18.48 and 66.3% below the Software industry median of 52.79. GRCS's overall GF Score™ is 53/100 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 17.81 as of Nov. 2025. 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920.00 is trading 51.6% below its estimated GF Value™ of 円1,901.94. GuruFocus considers GRCS to be Possible Value Trap.

Key valuation signals for TSE:9250:

  • Days Payable: 17.81 (near median its 10-year median of 18.48)
  • GF Value™: 円1,901.94 vs. price of 円920.00 (51.6% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 66.3% below the Software median (#2120 of 2605)

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 Business Description

Address 1-1-1 Marunouchi, 5th Floor, Palace Building, Chiyoda-ku, Yokohama, Tokyo, JPN, 100-0005
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.
53GF Score

Get the complete analysis for TSE:9250

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

円920.00
Price
円1,901.94
GF Value