Caster Co (TSE:9331) Days Payable: 6.86 (As of Feb. 2026) — 18% 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:9331 Caster Co Ltd TSE:9331
28 GF Score
Price 円734.00
GF Value 円1,053.85
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Caster Co Days Payable?

Caster Co TSE:9331 -1.34% 28 Days Payable is 6.86 as of Feb. 2026, which is 18% above its 10-year median of 5.82. GuruFocus rates TSE:9331 with a GF Score™ of 28/100 and a GF Value™ of 円1,053.85 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 944 Business Services companies, Caster Co ranks worse than 90.57% on this metric.

Caster Co's average Accounts Payable for the six months ended in Feb. 2026 was 円52 Mil. Caster Co's Cost of Goods Sold for the six months ended in Feb. 2026 was 円1,377 Mil. Hence, Caster Co's Days Payable for the six months ended in Feb. 2026 was 6.86.

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

TSE:9331' s Days Payable Range Over the Past 10 Years
Min: 5.36   Med: 5.82   Max: 8.23
Current: 6.55

During the past 5 years, Caster Co's highest Days Payable was 8.23. The lowest was 5.36. And the median was 5.82.

TSE:9331's Days Payable is ranked worse than
90.57% of 944 companies
in the Business Services industry
Industry Median: 45.785 vs TSE:9331: 6.55

Caster Co's Days Payable increased from Feb. 2025 (5.73) to Feb. 2026 (6.86). It may suggest that Caster Co delayed paying its suppliers.


Caster Co Days Payable Historical Data

* Premium members only.

The historical data trend for Caster 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.

Caster Co Days Payable Chart

Caster Co Annual Data
Trend Aug21 Aug22 Aug23 Aug24 Aug25
Days Payable
8.23 6.32 5.66 5.36 5.82

Caster Co Semi-Annual Data
Aug21 Aug22 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Days Payable Get a 7-Day Free Trial 5.41 5.30 5.73 6.34 6.86

TSE:9331 vs KFY, RHI, TNET: Days Payable Comparison

For the Staffing & Employment Services subindustry, Caster 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.


Caster Co Days Payable vs Business Services Industry

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

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


TSE:9331
28GF Score
Caster Co Ltd TSE:9331
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caster 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.

Caster Co's Days Payable for the fiscal year that ended in Aug. 2025 is calculated as

Days Payable (A: Aug. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2024 ) + Accounts Payable (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (40.339 + 52.307) / 2 ) / 2907.623*365
=46.323 / 2907.623*365
=5.82

Caster Co's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (52.307 + 51.167) / 2 ) / 1376.62*365 / 2
=51.737 / 1376.62*365 / 2
=6.86

* 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 6.86 mean?
Caster Co (TSE:9331) has a Days Payable of 6.86 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Caster Co and its competitors. This is 18% above median its historical median of 5.82. Over the past decade, Caster Co's Days Payable has ranged from 5.36 to 8.23. According to the industry distribution chart, Caster Co ranks #855 out of 944 companies in the Business Services industry, placing it in the top 90.6%.
Is Caster Co's Days Payable too high?
Caster Co's current Days Payable of 6.86 is 18% above median its 10-year median of 5.82. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 8.23. The Business Services industry median Days Payable is 45.79. Caster Co's value of 6.86 is 85% below this industry median. Based on the distribution chart, Caster Co ranks #855 out of 944 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Caster Co has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Caster Co's Days Payable compare to KFY and RHI?
According to the Business Services industry distribution chart, Caster Co ranks #855 out of 944 companies for Days Payable. This places Caster Co in the lower half of its industry. The industry median Days Payable is 45.79. Caster Co's value of 6.86 is 85% below this benchmark. Historically, Caster Co's own Days Payable has ranged from 5.36 to 8.23 over the past decade. While the company's 10-year median is 5.82 vs. the industry median of 45.79, Caster 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. Caster Co's current Days Payable of 6.86 is 85% 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 Caster 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. Caster Co's current Days Payable is 6.86, which is 18% above median its own 10-year median of 5.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caster Co stock overvalued right now?
Based on GuruFocus' analysis, Caster Co (TSE:9331) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,053.85, compared to a current price of 円734.00 — trading 30.4% below its estimated fair value. The current Days Payable is 6.86, which is 18% above median its 10-year median of 5.82 and 85% below the Business Services industry median of 45.79. Caster Co's overall GF Score™ is 28/100 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 Caster Co (TSE:9331), the current Days Payable is 6.86 as of Feb. 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 Caster Co (TSE:9331) Overvalued in 2026?

Based on GuruFocus' analysis, Caster Co stock appears to be undervalued. The current stock price of 円734.00 is trading 30.4% below its estimated GF Value™ of 円1,053.85. GuruFocus considers Caster Co to be Possible Value Trap.

Key valuation signals for TSE:9331:

  • Days Payable: 6.86 (18% above median its 10-year median of 5.82)
  • GF Value™: 円1,053.85 vs. price of 円734.00 (30.4% below fair value)
  • GF Score™: 28/100 with 2 warning signs
  • Industry Position: 85% below the Business Services median (#855 of 944)

No single metric tells the full story. See the TSE:9331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caster Co Business Description

Address 1-5-1 Otemachi, Otemachi First Square West Tower 1st & 2nd Floor, Caster Square Tokyo, Chiyoda-ku, LIFORK Otemachi, Tokyo, JPN
Caster Co Ltd is engaged in business operations and operates two businesses: the BPaaS Business, which utilizes the resources of remote workers to act on behalf of and support companies' back-office operations, and the Other Business, which provides staffing and placement services, develops and provides business efficiency tools for e-commerce companies, and develops and operates products and services using generative AI.
28GF Score

Get the complete analysis for TSE:9331

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

円734.00
Price
円1,053.85
GF Value