NCS&A Co (TSE:9709) Days Payable: 13.04 (As of Mar. 2026) — 22% Below Median

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TSE:9709 NCS&A Co Ltd TSE:9709
79 GF Score
Price 円1,310.00
GF Value 円1,052.55
Valuation Modestly Overvalued
! 1 Warning Sign
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What is NCS&A Co Days Payable?

NCS&A Co TSE:9709 +0.31% 79 Days Payable is 13.04 as of Mar. 2026, which is 22% below its 10-year median of 16.68. GuruFocus rates TSE:9709 with a GF Score™ of 79/100 and a GF Value™ of 円1,052.55 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,605 Software companies, NCS&A Co ranks worse than 84.57% on this metric.

NCS&A Co's average Accounts Payable for the six months ended in Mar. 2026 was 円583 Mil. NCS&A Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円8,157 Mil. Hence, NCS&A Co's Days Payable for the six months ended in Mar. 2026 was 13.04.

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

TSE:9709' s Days Payable Range Over the Past 10 Years
Min: 13.97   Med: 16.68   Max: 21.6
Current: 16.68

During the past 13 years, NCS&A Co's highest Days Payable was 21.60. The lowest was 13.97. And the median was 16.68.

TSE:9709's Days Payable is ranked worse than
84.57% of 2605 companies
in the Software industry
Industry Median: 52.79 vs TSE:9709: 16.68

NCS&A Co's Days Payable declined from Mar. 2025 (19.71) to Mar. 2026 (13.04). It may suggest that NCS&A Co accelerated paying its suppliers.


NCS&A Co Days Payable Historical Data

* Premium members only.

The historical data trend for NCS&A 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.

NCS&A Co Days Payable Chart

NCS&A Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.81 16.47 19.77 21.60 17.55

NCS&A Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 18.53 19.36 19.71 19.92 13.04

TSE:9709 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, NCS&A 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.


NCS&A Co Days Payable vs Software Industry

For the Software industry and Technology sector, NCS&A Co's Days Payable distribution charts can be found below:

* The bar in red indicates where NCS&A Co's Days Payable falls into.


TSE:9709
79GF Score
NCS&A Co Ltd TSE:9709
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NCS&A 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.

NCS&A Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (934.449 + 537.924) / 2 ) / 15311.5*365
=736.1865 / 15311.5*365
=17.55

NCS&A 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (627.355 + 537.924) / 2 ) / 8156.546*365 / 2
=582.6395 / 8156.546*365 / 2
=13.04

* 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 13.04 mean?
NCS&A Co (TSE:9709) has a Days Payable of 13.04 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 NCS&A Co and its competitors. This is 22% below median its historical median of 16.68. Over the past decade, NCS&A Co's Days Payable has ranged from 13.97 to 21.60. According to the industry distribution chart, NCS&A Co ranks #2203 out of 2605 companies in the Software industry, placing it in the top 84.6%.
Is NCS&A Co's Days Payable too high?
NCS&A Co's current Days Payable of 13.04 is 22% below median its 10-year median of 16.68. Over the past 10 years, this metric has ranged from a low of 13.97 to a high of 21.60. The Software industry median Days Payable is 52.79. NCS&A Co's value of 13.04 is 75.3% below this industry median. Based on the distribution chart, NCS&A Co ranks #2203 out of 2605 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, NCS&A Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCS&A Co's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, NCS&A Co ranks #2203 out of 2605 companies for Days Payable. This places NCS&A Co in the lower half of its industry. The industry median Days Payable is 52.79. NCS&A Co's value of 13.04 is 75.3% below this benchmark. Historically, NCS&A Co's own Days Payable has ranged from 13.97 to 21.60 over the past decade. While the company's 10-year median is 16.68 vs. the industry median of 52.79, NCS&A 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 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. NCS&A Co's current Days Payable of 13.04 is 75.3% 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 NCS&A Co 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. NCS&A Co's current Days Payable is 13.04, which is 22% below median its own 10-year median of 16.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCS&A Co stock overvalued right now?
Based on GuruFocus' analysis, NCS&A Co (TSE:9709) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,052.55, compared to a current price of 円1,310.00 — trading 24.5% above its estimated fair value. The current Days Payable is 13.04, which is 22% below median its 10-year median of 16.68 and 75.3% below the Software industry median of 52.79. NCS&A Co's overall GF Score™ is 79/100 with 1 warning sign 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 NCS&A Co (TSE:9709), the current Days Payable is 13.04 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 NCS&A Co (TSE:9709) Overvalued in 2026?

Based on GuruFocus' analysis, NCS&A Co stock appears to be overvalued. The current stock price of 円1,310.00 is trading 24.5% above its estimated GF Value™ of 円1,052.55. GuruFocus considers NCS&A Co to be Modestly Overvalued.

Key valuation signals for TSE:9709:

  • Days Payable: 13.04 (22% below median its 10-year median of 16.68)
  • GF Value™: 円1,052.55 vs. price of 円1,310.00 (24.5% above fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 75.3% below the Software median (#2203 of 2605)

No single metric tells the full story. See the TSE:9709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCS&A Co Business Description

Address 3-3-23 Nakanoshima, Kita-ku, Osaka, JPN, 530-6112
Website https://ncsa.jp
NCS&A Co Ltd provides information technology services focusing on information systems construction. It offers software development, systems design and development, software products, system equipment sales and maintenance services. The company also sells computer equipment and peripherals. It provides Visualization Solutions, Business Solutions, Security Solutions, Migration Services, Outsourcing Services, Cloud Services, Ai Tools and Services, Geospatial Information Software and others.
79GF Score

Get the complete analysis for TSE:9709

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

円1,310.00
Price
円1,052.55
GF Value