Bechtle AGBHTLF 77 Days Payable is 68.18 as of Mar. 2026, which is 72% above its 10-year median of 39.58. GuruFocus rates BHTLF with a GF Score™ of 77/100 and a GF Value™ of $62.97. The stock has 2 warning signs investors should review. Among 2,604 Software companies, Bechtle AG ranks better than 50.69% on this metric.
Bechtle AG's average Accounts Payable for the
three
months ended in Mar. 2026 was $1,104 Mil. Bechtle AG's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $1,477 Mil.
Hence, Bechtle AG's Days Payable for the
three
months ended in Mar. 2026 was 68.18.
The historical rank and industry rank for Bechtle AG's Days Payable or its related term are showing as below:
BHTLF'
s Days Payable Range Over the Past 10 Years
Min: 28.9 Med: 39.58 Max: 62.48
Current: 54.74
During the past 13 years, Bechtle AG's highest Days Payable was 62.48. The lowest was 28.90. And the median was 39.58.
BHTLF's Days Payable is ranked better than 50.69% of 2604
companies
in the Software industry
Industry Median: 53.955
vs BHTLF: 54.74
Bechtle AG's Days Payable
increased
from Mar. 2025 (56.09) to Mar. 2026 (68.18).
It may suggest that Bechtle AGdelayed paying its suppliers.
Bechtle AG Days Payable Related Terms
Bechtle AG Days Payable Historical Data
* Premium members only.
The historical data trend for Bechtle AG'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.
For the Information Technology Services subindustry, Bechtle AG'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.
Bechtle AG Days Payable vs Software Industry
For the Software industry and Technology sector, Bechtle AG's Days Payable distribution charts can be found below:
* The bar in red indicates where Bechtle AG'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.
Bechtle AG's Days Payable for the fiscal year that ended in Dec. 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.
Bechtle AG (BHTLF) has a Days Payable of 68.18 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 Bechtle AG and its competitors. This is 72% above median its historical median of 39.58. Over the past decade, Bechtle AG's Days Payable has ranged from 28.90 to 62.48. According to the industry distribution chart, Bechtle AG ranks #1284 out of 2604 companies in the Software industry, placing it in the top 49.3%.
Is Bechtle AG's Days Payable too high?
Bechtle AG's current Days Payable of 68.18 is 72% above median its 10-year median of 39.58. Over the past 10 years, this metric has ranged from a low of 28.90 to a high of 62.48. The Software industry median Days Payable is 53.96. Bechtle AG's value of 68.18 is 26.4% above this industry median. Based on the distribution chart, Bechtle AG ranks #1284 out of 2604 companies in the Software industry, which is above the industry midpoint. Overall, Bechtle AG has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Bechtle AG's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Bechtle AG ranks #1284 out of 2604 companies for Days Payable. This puts Bechtle AG in the upper half of its industry. The industry median Days Payable is 53.96. Bechtle AG's value of 68.18 is 26.4% above this benchmark. Historically, Bechtle AG's own Days Payable has ranged from 28.90 to 62.48 over the past decade. While the company's 10-year median is 39.58 vs. the industry median of 53.96, Bechtle AG 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 53.96, based on 2,604 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. Bechtle AG's current Days Payable of 68.18 is 26.4% 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 Bechtle AG and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bechtle AG's current Days Payable is 68.18, which is 72% above median its own 10-year median of 39.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bechtle AG stock overvalued right now?
Bechtle AG (BHTLF) has a current Days Payable of 68.18. The stock's GF Value™ is $62.97, compared to a current price of $46.95 — trading 25.4% below its estimated fair value. The current Days Payable is 68.18, which is 72% above median its 10-year median of 39.58 and 26.4% above the Software industry median of 53.96. Bechtle AG's overall GF Score™ is 77/100 with 2 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 Bechtle AG (BHTLF), the current Days Payable is 68.18 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 Bechtle AG (BHTLF) Overvalued in 2026?
Based on GuruFocus' analysis, Bechtle AG stock appears to be undervalued.
The current stock price of $46.95 is trading 25.4% below its estimated GF Value™ of $62.97.
Key valuation signals for BHTLF:
Days Payable: 68.18 (72% above median its 10-year median of 39.58)
GF Value™: $62.97 vs. price of $46.95 (25.4% below fair value)
Industry Position: 26.4% above the Software median (#1284 of 2604)
No single metric tells the full story. See the BHTLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. The company operates through four reportable segments; Germany, France, Benelux, and Other Europe. It generates maximum of its revenue from the Germany segment. The company offers its customers IT hardware, software, solutions and services in 14 European countries, with Germany being the main market.
77GF Score
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