I-Net (TSE:9600) Days Payable: 25.37 (As of Sep. 2025) — 35% Above Median


TSE:9600 I-Net Corp TSE:9600
61 GF Score
Price 円2,515.00
GF Value 円2,078.44
! 9 Warning Signs
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What is I-Net Days Payable?

I-Net TSE:9600 +0.04% 61 Days Payable is 25.37 as of Sep. 2025, which is 35% above its 10-year median of 18.80. GuruFocus rates TSE:9600 with a GF Score™ of 61/100 and a GF Value™ of 円2,078.44. The stock has 9 warning signs investors should review.

I-Net's average Accounts Payable for the six months ended in Sep. 2025 was 円2,214 Mil. I-Net's Cost of Goods Sold for the six months ended in Sep. 2025 was 円15,931 Mil. Hence, I-Net's Days Payable for the six months ended in Sep. 2025 was 25.37.

The historical rank and industry rank for I-Net's Days Payable or its related term are showing as below:

TSE:9600' s Days Payable Range Over the Past 10 Years
Min: 16.34   Med: 18.8   Max: 25.86
Current: 25.86

During the past 13 years, I-Net's highest Days Payable was 25.86. The lowest was 16.34. And the median was 18.80.

TSE:9600's Days Payable is not ranked
in the Software industry.
Industry Median: 53.675 vs TSE:9600: 25.86

I-Net's Days Payable declined from Sep. 2024 (27.04) to Sep. 2025 (25.37). It may suggest that I-Net accelerated paying its suppliers.


I-Net Days Payable Historical Data

* Premium members only.

The historical data trend for I-Net'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.

I-Net Days Payable Chart

I-Net Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.75 23.59 22.56 24.21 25.22

I-Net Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 25.93 28.55 27.04 25.40 25.37

TSE:9600 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, I-Net'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.


I-Net Days Payable vs Software Industry

For the Software industry and Technology sector, I-Net's Days Payable distribution charts can be found below:

* The bar in red indicates where I-Net's Days Payable falls into.


TSE:9600
61GF Score
I-Net Corp TSE:9600
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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I-Net 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.

I-Net's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (2171.721 + 2074.288) / 2 ) / 30727.686*365
=2123.0045 / 30727.686*365
=25.22

I-Net's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (2074.288 + 2354.272) / 2 ) / 15930.728*365 / 2
=2214.28 / 15930.728*365 / 2
=25.37

* 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 25.37 mean?
I-Net (TSE:9600) has a Days Payable of 25.37 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on I-Net and its competitors. This is 35% above median its historical median of 18.80. Over the past decade, I-Net's Days Payable has ranged from 16.34 to 25.86.
Is I-Net's Days Payable too high?
I-Net's current Days Payable of 25.37 is 35% above median its 10-year median of 18.80. Over the past 10 years, this metric has ranged from a low of 16.34 to a high of 25.86. The Software industry median Days Payable is 53.68. I-Net's value of 25.37 is 52.7% below this industry median. Overall, I-Net has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does I-Net's Days Payable compare to IBM and ACN?
I-Net's Days Payable of 25.37 can be compared against companies in the Software industry. The industry median Days Payable is 53.68. I-Net's value of 25.37 is 52.7% below this benchmark. Historically, I-Net's own Days Payable has ranged from 16.34 to 25.86 over the past decade. While the company's 10-year median is 18.80 vs. the industry median of 53.68, I-Net 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 53.68, based on 2,598 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. I-Net's current Days Payable of 25.37 is 52.7% 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 I-Net and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I-Net's current Days Payable is 25.37, which is 35% above median its own 10-year median of 18.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-Net stock overvalued right now?
I-Net (TSE:9600) has a current Days Payable of 25.37. The stock's GF Value™ is 円2,078.44, compared to a current price of 円2,515.00 — trading 21% above its estimated fair value. The current Days Payable is 25.37, which is 35% above median its 10-year median of 18.80 and 52.7% below the Software industry median of 53.68. I-Net's overall GF Score™ is 61/100 with 9 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 I-Net (TSE:9600), the current Days Payable is 25.37 as of Sep. 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 I-Net (TSE:9600) Overvalued in 2026?

Based on GuruFocus' analysis, I-Net stock appears to be overvalued. The current stock price of 円2,515.00 is trading 21% above its estimated GF Value™ of 円2,078.44.

Key valuation signals for TSE:9600:

  • Days Payable: 25.37 (35% above median its 10-year median of 18.80)
  • GF Value™: 円2,078.44 vs. price of 円2,515.00 (21% above fair value)
  • GF Score™: 61/100 with 9 warning signs
  • Industry Position: 52.7% below the Software median

No single metric tells the full story. See the TSE:9600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I-Net Business Description

Address 5-1-2 Minatomirai, 13th Floor, Yokohama Sympho Stage West Tower, Nishi-Ku, Yokohama, JPN, 220-0012
I-Net Corp is engaged in providing comprehensive services from planning and development of information systems to operation, maintenance, and upkeep after their launch. The company offers a variety of services, including cloud services, system development services, and print and mailing services, to meet the needs of customers in a wide variety of industries, including finance, retail and distribution, oil, manufacturing, and medicine. It generates maximum revenue from the provision of system development services, and the rest from the provision of data processing services and system equipment sales.
61GF Score

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

円2,515.00
Price
円2,078.44
GF Value