EROADASX:ERD -0.61%44 Days Payable is 191.21 as of Mar. 2026, which is 44% above its 10-year median of 132.57. GuruFocus rates ASX:ERD with a GF Score™ of 44/100 and a GF Value™ of A$0.78 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,601 Software companies, EROAD ranks better than 86.7% on this metric.
EROAD's average Accounts Payable for the
six
months ended in Mar. 2026 was A$29.1 Mil. EROAD's Cost of Goods Sold for the
six
months ended in Mar. 2026 was A$27.8 Mil.
Hence, EROAD's Days Payable for the
six
months ended in Mar. 2026 was 191.21.
The historical rank and industry rank for EROAD's Days Payable or its related term are showing as below:
ASX:ERD'
s Days Payable Range Over the Past 10 Years
Min: 58.09 Med: 132.57 Max: 256.49
Current: 256.49
During the past 11 years, EROAD's highest Days Payable was 256.49. The lowest was 58.09. And the median was 132.57.
ASX:ERD's Days Payable is ranked better than 86.7% of 2601
companies
in the Software industry
Industry Median: 54.04
vs ASX:ERD: 256.49
EROAD's Days Payable
increased
from Mar. 2025 (87.40) to Mar. 2026 (191.21).
It may suggest that EROADdelayed paying its suppliers.
EROAD Days Payable Related Terms
EROAD Days Payable Historical Data
* Premium members only.
The historical data trend for EROAD'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.
ASX:ERD vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, EROAD'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.
EROAD Days Payable vs Software Industry
For the Software industry and Technology sector, EROAD's Days Payable distribution charts can be found below:
* The bar in red indicates where EROAD'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.
EROAD's Days Payable for the fiscal year that ended in Mar. 2026 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.
EROAD (ASX:ERD) has a Days Payable of 191.21 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 EROAD and its competitors. This is 44% above median its historical median of 132.57. Over the past decade, EROAD's Days Payable has ranged from 58.09 to 256.49. According to the industry distribution chart, EROAD ranks #346 out of 2601 companies in the Software industry, placing it in the top 13.3%.
Is EROAD's Days Payable too high?
EROAD's current Days Payable of 191.21 is 44% above median its 10-year median of 132.57. Over the past 10 years, this metric has ranged from a low of 58.09 to a high of 256.49. The Software industry median Days Payable is 54.04. EROAD's value of 191.21 is 253.8% above this industry median. Based on the distribution chart, EROAD ranks #346 out of 2601 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, EROAD has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does EROAD's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, EROAD ranks #346 out of 2601 companies for Days Payable. This places EROAD in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.04. EROAD's value of 191.21 is 253.8% above this benchmark. Historically, EROAD's own Days Payable has ranged from 58.09 to 256.49 over the past decade. While the company's 10-year median is 132.57 vs. the industry median of 54.04, EROAD has consistently been above 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 54.04, based on 2,601 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. EROAD's current Days Payable of 191.21 is 253.8% above 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 EROAD and its competitors. For the Software industry, the median Days Payable is 54.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EROAD's current Days Payable is 191.21, which is 44% above median its own 10-year median of 132.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EROAD stock overvalued right now?
Based on GuruFocus' analysis, EROAD (ASX:ERD) is currently considered Fairly Valued. The stock's GF Value™ is A$0.78, compared to a current price of A$0.82 — trading 5.1% above its estimated fair value. The current Days Payable is 191.21, which is 44% above median its 10-year median of 132.57 and 253.8% above the Software industry median of 54.04. EROAD's overall GF Score™ is 44/100 with 7 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 EROAD (ASX:ERD), the current Days Payable is 191.21 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 EROAD (ASX:ERD) Overvalued in 2026?
Based on GuruFocus' analysis, EROAD stock appears to be overvalued.
The current stock price of A$0.82 is trading 5.1% above its estimated GF Value™ of A$0.78.
GuruFocus considers EROAD to be Fairly Valued.
Key valuation signals for ASX:ERD:
Days Payable: 191.21 (44% above median its 10-year median of 132.57)
GF Value™: A$0.78 vs. price of A$0.82 (5.1% above fair value)
Industry Position: 253.8% above the Software median (#346 of 2601)
No single metric tells the full story. See the ASX:ERD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EROAD Ltd is a New Zealand Based company which is a fully integrated technology, tolling and services provider. It designs and manufactures in-vehicle hardware operates secure payment and merchant gateways and offers web-based value-added services. The company provides electronic on-board units and software as a service to the transport industry. Its products are categorized in RUC Compliance, Health & Safety, and Fleet Management. It operates through four segments: Corporate & Development, North America, Australia, and New Zealand.
44GF Score
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