Stepchange HoldingsASX:STH -1.92%24 Days Payable is 38.89 as of Dec. 2025, which is 22% below its 10-year median of 49.69. GuruFocus rates ASX:STH with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,601 Software companies, Stepchange Holdings ranks better than 61.36% on this metric.
The historical rank and industry rank for Stepchange Holdings's Days Payable or its related term are showing as below:
ASX:STH'
s Days Payable Range Over the Past 10 Years
Min: 43.56 Med: 49.69 Max: 77.77
Current: 77.77
During the past 2 years, Stepchange Holdings's highest Days Payable was 77.77. The lowest was 43.56. And the median was 49.69.
ASX:STH's Days Payable is ranked better than 61.36% of 2601
companies
in the Software industry
Industry Median: 54.04
vs ASX:STH: 77.77
Stepchange Holdings's Days Payable
declined
from Jun. 2024 (43.93) to Dec. 2025 (38.89).
It may suggest that Stepchange Holdingsaccelerated paying its suppliers.
Stepchange Holdings Days Payable Related Terms
Stepchange Holdings Days Payable Historical Data
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The historical data trend for Stepchange Holdings'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:STH vs CRM, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Stepchange Holdings'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.
Stepchange Holdings Days Payable vs Software Industry
For the Software industry and Technology sector, Stepchange Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Stepchange Holdings'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.
Stepchange Holdings's Days Payable for the fiscal year that ended in Jun. 2023 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.
Stepchange Holdings (ASX:STH) has a Days Payable of 38.89 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 Stepchange Holdings and its competitors. This is 22% below median its historical median of 49.69. Over the past decade, Stepchange Holdings' Days Payable has ranged from 43.56 to 77.77. According to the industry distribution chart, Stepchange Holdings ranks #1005 out of 2601 companies in the Software industry, placing it in the top 38.6%.
Is Stepchange Holdings' Days Payable too high?
Stepchange Holdings' current Days Payable of 38.89 is 22% below median its 10-year median of 49.69. Over the past 10 years, this metric has ranged from a low of 43.56 to a high of 77.77. The Software industry median Days Payable is 54.04. Stepchange Holdings' value of 38.89 is 28% below this industry median. Based on the distribution chart, Stepchange Holdings ranks #1005 out of 2601 companies in the Software industry, which is above the industry midpoint. Overall, Stepchange Holdings has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Stepchange Holdings' Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, Stepchange Holdings ranks #1005 out of 2601 companies for Days Payable. This puts Stepchange Holdings in the upper half of its industry. The industry median Days Payable is 54.04. Stepchange Holdings' value of 38.89 is 28% below this benchmark. Historically, Stepchange Holdings' own Days Payable has ranged from 43.56 to 77.77 over the past decade. While the company's 10-year median is 49.69 vs. the industry median of 54.04, Stepchange Holdings 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 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. Stepchange Holdings's current Days Payable of 38.89 is 28% 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 Stepchange Holdings 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. Stepchange Holdings's current Days Payable is 38.89, which is 22% below median its own 10-year median of 49.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stepchange Holdings stock overvalued right now?
Stepchange Holdings (ASX:STH) has a current Days Payable of 38.89. The current Days Payable is 38.89, which is 22% below median its 10-year median of 49.69 and 28% below the Software industry median of 54.04. Stepchange Holdings' overall GF Score™ is 24/100 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 Stepchange Holdings (ASX:STH), the current Days Payable is 38.89 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.
Stepchange Holdings Ltd is engaged in providing software services. It delivers end-to-end SAP ERP and digital transformation service. Its services include: Strategic Alignment and Execution; Program and Project Management; Change Management; and Business Analysis.
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