SpendaASX:SPX Days Payable is 141.33 as of Dec. 2025, which is 52% below its 10-year median of 293.33. The stock has 6 warning signs investors should review. Among 2,600 Software companies, Spenda ranks better than 77.54% on this metric.
Spenda's average Accounts Payable for the
six
months ended in Dec. 2025 was A$3.19 Mil. Spenda's Cost of Goods Sold for the
six
months ended in Dec. 2025 was A$4.12 Mil.
Hence, Spenda's Days Payable for the
six
months ended in Dec. 2025 was 141.33.
The historical rank and industry rank for Spenda's Days Payable or its related term are showing as below:
ASX:SPX'
s Days Payable Range Over the Past 10 Years
Min: 47.49 Med: 293.33 Max: 1229.89
Current: 143.8
During the past 13 years, Spenda's highest Days Payable was 1229.89. The lowest was 47.49. And the median was 293.33.
ASX:SPX's Days Payable is ranked better than 77.54% of 2600
companies
in the Software industry
Industry Median: 54.025
vs ASX:SPX: 143.80
Spenda's Days Payable
declined
from Dec. 2024 (193.90) to Dec. 2025 (141.33).
It may suggest that Spendaaccelerated paying its suppliers.
Spenda Days Payable Related Terms
Spenda Days Payable Historical Data
* Premium members only.
The historical data trend for Spenda'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:SPX vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, Spenda'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.
Spenda Days Payable vs Software Industry
For the Software industry and Technology sector, Spenda's Days Payable distribution charts can be found below:
* The bar in red indicates where Spenda'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.
Spenda's Days Payable for the fiscal year that ended in Jun. 2025 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.
Spenda (ASX:SPX) has a Days Payable of 141.33 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Spenda and its competitors. This is 52% below median its historical median of 293.33. Over the past decade, Spenda's Days Payable has ranged from 47.49 to 1,229.89. According to the industry distribution chart, Spenda ranks #584 out of 2600 companies in the Software industry, placing it in the top 22.5%.
Is Spenda's Days Payable too high?
Spenda's current Days Payable of 141.33 is 52% below median its 10-year median of 293.33. Over the past 10 years, this metric has ranged from a low of 47.49 to a high of 1,229.89. The Software industry median Days Payable is 54.03. Spenda's value of 141.33 is 161.6% above this industry median. Based on the distribution chart, Spenda ranks #584 out of 2600 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Spenda's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Spenda ranks #584 out of 2600 companies for Days Payable. This places Spenda in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.03. Spenda's value of 141.33 is 161.6% above this benchmark. Historically, Spenda's own Days Payable has ranged from 47.49 to 1,229.89 over the past decade. While the company's 10-year median is 293.33 vs. the industry median of 54.03, Spenda 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 54.03, based on 2,600 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. Spenda's current Days Payable of 141.33 is 161.6% 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 Spenda and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spenda's current Days Payable is 141.33, which is 52% below median its own 10-year median of 293.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spenda stock overvalued right now?
Based on GuruFocus' analysis, Spenda (ASX:SPX) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.12, compared to a current price of A$0.00 — trading 97.5% below its estimated fair value. The current Days Payable is 141.33, which is 52% below median its 10-year median of 293.33 and 161.6% above the Software industry median of 54.03. 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 Spenda (ASX:SPX), the current Days Payable is 141.33 as of Dec. 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.
Spenda Ltd is engaged in B2B software applications, flexible payment and lending solutions, and integration services that help improve the way businesses trade and get paid. The company provides solutions that include Online Marketplaces Franchise Groups, Wholesalers and Manufacturers and Retailers and Service Providers. Its operating segments are SaaS and Payments, which include Payments Provision of software as a service to business customers and merchant payment services; Lending, which includes Provision of lending services to business customers; and Unallocated.
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