Athena Global Technologies (BOM:517429) Days Payable: 22.17 (As of Mar. 2026) — Near Median

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BOM:517429 Athena Global Technologies Ltd BOM:517429
47 GF Score
Price ₹52.17
GF Value ₹69.74
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Athena Global Technologies Days Payable?

Athena Global Technologies BOM:517429 -4.59% 47 Days Payable is 22.17 as of Mar. 2026, which is 3% above its 10-year median of 21.46. GuruFocus rates BOM:517429 with a GF Score™ of 47/100 and a GF Value™ of ₹69.74 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,608 Software companies, Athena Global Technologies ranks worse than 61.69% on this metric.

Athena Global Technologies's average Accounts Payable for the three months ended in Mar. 2026 was ₹7.4 Mil. Athena Global Technologies's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹30.5 Mil. Hence, Athena Global Technologies's Days Payable for the three months ended in Mar. 2026 was 22.17.

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

BOM:517429' s Days Payable Range Over the Past 10 Years
Min: 0.99   Med: 21.46   Max: 48.19
Current: 37.39

During the past 13 years, Athena Global Technologies's highest Days Payable was 48.19. The lowest was 0.99. And the median was 21.46.

BOM:517429's Days Payable is ranked worse than
61.69% of 2608 companies
in the Software industry
Industry Median: 52.785 vs BOM:517429: 37.39

Athena Global Technologies's Days Payable declined from Mar. 2025 (45.30) to Mar. 2026 (22.17). It may suggest that Athena Global Technologies accelerated paying its suppliers.


Athena Global Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Athena Global 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.

Athena Global Technologies Days Payable Chart

Athena Global Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.28 26.64 38.85 48.19 41.74

Athena Global Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.30 56.67 26.28 38.83 22.17

BOM:517429 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Athena Global 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.


Athena Global Technologies Days Payable vs Software Industry

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

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


BOM:517429
47GF Score
Athena Global Technologies Ltd BOM:517429
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Athena Global 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.

Athena Global Technologies's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (16.947 + 7.4) / 2 ) / 106.452*365
=12.1735 / 106.452*365
=41.74

Athena Global Technologies's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 7.4) / 1 ) / 30.453*365 / 4
=7.4 / 30.453*365 / 4
=22.17

* 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 22.17 mean?
Athena Global Technologies (BOM:517429) has a Days Payable of 22.17 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 Athena Global Technologies and its competitors. This is near median its historical median of 21.46. Over the past decade, Athena Global Technologies' Days Payable has ranged from 0.99 to 48.19. According to the industry distribution chart, Athena Global Technologies ranks #1609 out of 2608 companies in the Software industry, placing it in the top 61.7%.
Is Athena Global Technologies' Days Payable too high?
Athena Global Technologies' current Days Payable of 22.17 is near median its 10-year median of 21.46. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 48.19. The Software industry median Days Payable is 52.79. Athena Global Technologies' value of 22.17 is 58% below this industry median. Based on the distribution chart, Athena Global Technologies ranks #1609 out of 2608 companies in the Software industry, which is below the industry midpoint. Overall, Athena Global Technologies has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Athena Global Technologies' Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Athena Global Technologies ranks #1609 out of 2608 companies for Days Payable. This places Athena Global Technologies in the lower half of its industry. The industry median Days Payable is 52.79. Athena Global Technologies' value of 22.17 is 58% below this benchmark. Historically, Athena Global Technologies' own Days Payable has ranged from 0.99 to 48.19 over the past decade. While the company's 10-year median is 21.46 vs. the industry median of 52.79, Athena Global Technologies 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 52.79, based on 2,608 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. Athena Global Technologies's current Days Payable of 22.17 is 58% 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 Athena Global Technologies and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Athena Global Technologies's current Days Payable is 22.17, which is near median its own 10-year median of 21.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athena Global Technologies stock overvalued right now?
Based on GuruFocus' analysis, Athena Global Technologies (BOM:517429) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹69.74, compared to a current price of ₹52.17 — trading 25.2% below its estimated fair value. The current Days Payable is 22.17, which is near median its 10-year median of 21.46 and 58% below the Software industry median of 52.79. Athena Global Technologies' overall GF Score™ is 47/100 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 Athena Global Technologies (BOM:517429), the current Days Payable is 22.17 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 Athena Global Technologies (BOM:517429) Overvalued in 2026?

Based on GuruFocus' analysis, Athena Global Technologies stock appears to be undervalued. The current stock price of ₹52.17 is trading 25.2% below its estimated GF Value™ of ₹69.74. GuruFocus considers Athena Global Technologies to be Modestly Undervalued.

Key valuation signals for BOM:517429:

  • Days Payable: 22.17 (near median its 10-year median of 21.46)
  • GF Value™: ₹69.74 vs. price of ₹52.17 (25.2% below fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 58% below the Software median (#1609 of 2608)

No single metric tells the full story. See the BOM:517429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Athena Global Technologies Business Description

Address Sy.No 8A & 8B1 in Survey Nos. 83/1, Serilingampally Mandal, 2nd Floor, Unit No. 203, Gowra Palladium, Ranga Reddy District, Hyderabad, TG, IND, 500081
Athena Global Technologies Ltd is a software development company. It is principally engaged in offering software development and consulting services. The company offers services such as application development, chatbots and voice bots, robotic process automation, IoT-based solutions, data science, blockchain, artificial intelligence, product engineering, and QA and testing. It caters to various industries, including financial, healthcare, oil, and pharmaceuticals, retail, business services, education, IT, and government. The company operates in two segments: Software services and Real Estate. It generates the majority of its revenue from the Software services segment.
47GF Score

Get the complete analysis for BOM:517429

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

₹52.17
Price
₹69.74
GF Value