Performance Technologies (ATH:PERF) Days Payable: 78.87 (As of Dec. 2025) — 14% Below Median


ATH:PERF Performance Technologies SA ATH:PERF
89 GF Score
Price €9.70
GF Value €8.78
Valuation Fairly Valued
! 6 Warning Signs
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What is Performance Technologies Days Payable?

Performance Technologies ATH:PERF -0.72% 89 Days Payable is 78.87 as of Dec. 2025, which is 14% below its 10-year median of 92.14. GuruFocus rates ATH:PERF with a GF Score™ of 89/100 and a GF Value™ of €8.78 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,601 Software companies, Performance Technologies ranks better than 66.09% on this metric.

Performance Technologies's average Accounts Payable for the six months ended in Dec. 2025 was €13.57 Mil. Performance Technologies's Cost of Goods Sold for the six months ended in Dec. 2025 was €31.39 Mil. Hence, Performance Technologies's Days Payable for the six months ended in Dec. 2025 was 78.87.

The historical rank and industry rank for Performance Technologies's Days Payable or its related term are showing as below:

ATH:PERF' s Days Payable Range Over the Past 10 Years
Min: 85.51   Med: 92.14   Max: 102.69
Current: 89.71

During the past 9 years, Performance Technologies's highest Days Payable was 102.69. The lowest was 85.51. And the median was 92.14.

ATH:PERF's Days Payable is ranked better than
66.09% of 2601 companies
in the Software industry
Industry Median: 54.04 vs ATH:PERF: 89.71

Performance Technologies's Days Payable declined from Dec. 2024 (103.63) to Dec. 2025 (78.87). It may suggest that Performance Technologies accelerated paying its suppliers.


Performance Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Performance Technologies'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.

Performance Technologies Days Payable Chart

Performance Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 92.14 98.37 90.35 102.69 97.49

Performance Technologies Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 72.36 88.46 103.63 93.45 78.87

ATH:PERF vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Performance Technologies'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.


Performance Technologies Days Payable vs Software Industry

For the Software industry and Technology sector, Performance Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Performance Technologies's Days Payable falls into.


ATH:PERF
89GF Score
Performance Technologies SA ATH:PERF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Performance Technologies 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.

Performance Technologies's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (17.06 + 14.961) / 2 ) / 59.94*365
=16.0105 / 59.94*365
=97.49

Performance Technologies's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (12.175 + 14.961) / 2 ) / 31.394*365 / 2
=13.568 / 31.394*365 / 2
=78.87

* 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 78.87 mean?
Performance Technologies (ATH:PERF) has a Days Payable of 78.87 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 Performance Technologies and its competitors. This is 14% below median its historical median of 92.14. Over the past decade, Performance Technologies' Days Payable has ranged from 85.51 to 102.69. According to the industry distribution chart, Performance Technologies ranks #882 out of 2601 companies in the Software industry, placing it in the top 33.9%.
Is Performance Technologies' Days Payable too high?
Performance Technologies' current Days Payable of 78.87 is 14% below median its 10-year median of 92.14. Over the past 10 years, this metric has ranged from a low of 85.51 to a high of 102.69. The Software industry median Days Payable is 54.04. Performance Technologies' value of 78.87 is 45.9% above this industry median. Based on the distribution chart, Performance Technologies ranks #882 out of 2601 companies in the Software industry, which is above the industry midpoint. Overall, Performance Technologies has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Performance Technologies' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Performance Technologies ranks #882 out of 2601 companies for Days Payable. This puts Performance Technologies in the upper half of its industry. The industry median Days Payable is 54.04. Performance Technologies' value of 78.87 is 45.9% above this benchmark. Historically, Performance Technologies' own Days Payable has ranged from 85.51 to 102.69 over the past decade. While the company's 10-year median is 92.14 vs. the industry median of 54.04, Performance Technologies 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. Performance Technologies's current Days Payable of 78.87 is 45.9% 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 Performance Technologies 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. Performance Technologies's current Days Payable is 78.87, which is 14% below median its own 10-year median of 92.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Performance Technologies stock overvalued right now?
Based on GuruFocus' analysis, Performance Technologies (ATH:PERF) is currently considered Fairly Valued. The stock's GF Value™ is €8.78, compared to a current price of €9.70 — trading 10.5% above its estimated fair value. The current Days Payable is 78.87, which is 14% below median its 10-year median of 92.14 and 45.9% above the Software industry median of 54.04. Performance Technologies' overall GF Score™ is 89/100 with 6 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 Performance Technologies (ATH:PERF), the current Days Payable is 78.87 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.

Is Performance Technologies (ATH:PERF) Overvalued in 2026?

Based on GuruFocus' analysis, Performance Technologies stock appears to be overvalued. The current stock price of €9.70 is trading 10.5% above its estimated GF Value™ of €8.78. GuruFocus considers Performance Technologies to be Fairly Valued.

Key valuation signals for ATH:PERF:

  • Days Payable: 78.87 (14% below median its 10-year median of 92.14)
  • GF Value™: €8.78 vs. price of €9.70 (10.5% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 45.9% above the Software median (#882 of 2601)

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


Performance Technologies Business Description

Address 4 Evrimedontos Street, Ceramics, Athens, GRC, 10435
Performance Technologies SA designs and delivers fast, flexible and dynamic IT architectures that align with the business needs and priorities. The company delivers IT solutions for Virtualization, Private and Public Cloud, Systems Infrastructure, Storage Systems, Backup Software, Security Solutions, Data Protection, Data Replication, Disaster Recovery, IT consolidation/transformation/re-platforming, IT Systems & Service Management, IT Automation, Enterprise Asset Management, Business Process Management, Mobile Device Management and Mobile Engagement.
89GF Score

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

€9.70
Price
€8.78
GF Value