Sofcom Systems (BOM:538923) Days Payable: 937.89 (As of Mar. 2026) — 103% Above Median

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BOM:538923 Sofcom Systems Ltd BOM:538923
37 GF Score
Price ₹19.39
GF Value ₹8.66
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sofcom Systems Days Payable?

Sofcom Systems BOM:538923 -3.34% 37 Days Payable is 937.89 as of Mar. 2026, which is 103% above its 10-year median of 462.20. GuruFocus rates BOM:538923 with a GF Score™ of 37/100 and a GF Value™ of ₹8.66 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,612 Software companies, Sofcom Systems ranks better than 97.59% on this metric.

Sofcom Systems's average Accounts Payable for the three months ended in Mar. 2026 was ₹10.57 Mil. Sofcom Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1.03 Mil. Hence, Sofcom Systems's Days Payable for the three months ended in Mar. 2026 was 937.89.

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

BOM:538923' s Days Payable Range Over the Past 10 Years
Min: 40.53   Med: 462.2   Max: 2616.84
Current: 2070.34

During the past 13 years, Sofcom Systems's highest Days Payable was 2616.84. The lowest was 40.53. And the median was 462.20.

BOM:538923's Days Payable is ranked better than
97.59% of 2612 companies
in the Software industry
Industry Median: 51.88 vs BOM:538923: 2070.34

Sofcom Systems's Days Payable increased from Mar. 2025 (264.11) to Mar. 2026 (937.89). It may suggest that Sofcom Systems delayed paying its suppliers.


Sofcom Systems Days Payable Historical Data

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The historical data trend for Sofcom Systems'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.

Sofcom Systems Days Payable Chart

Sofcom Systems 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 0.00 462.20 0.00 40.53 2,616.84

Sofcom Systems 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 264.11 23,575.96 3,172.89 752.89 937.89

BOM:538923 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Sofcom Systems'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.


Sofcom Systems Days Payable vs Software Industry

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

* The bar in red indicates where Sofcom Systems's Days Payable falls into.


BOM:538923
37GF Score
Sofcom Systems Ltd BOM:538923
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sofcom Systems 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.

Sofcom Systems'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
=( (15.502 + 10.566) / 2 ) / 1.818*365
=13.034 / 1.818*365
=2,616.84

Sofcom Systems'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 + 10.566) / 1 ) / 1.028*365 / 4
=10.566 / 1.028*365 / 4
=937.89

* 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 937.89 mean?
Sofcom Systems (BOM:538923) has a Days Payable of 937.89 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 Sofcom Systems and its competitors. This is 103% above median its historical median of 462.20. Over the past decade, Sofcom Systems' Days Payable has ranged from 40.53 to 2,616.84. According to the industry distribution chart, Sofcom Systems ranks #63 out of 2612 companies in the Software industry, placing it in the top 2.4%.
Is Sofcom Systems' Days Payable too high?
Sofcom Systems' current Days Payable of 937.89 is 103% above median its 10-year median of 462.20. Over the past 10 years, this metric has ranged from a low of 40.53 to a high of 2,616.84. The Software industry median Days Payable is 51.88. Sofcom Systems' value of 937.89 is 1707.8% above this industry median. Based on the distribution chart, Sofcom Systems ranks #63 out of 2612 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Sofcom Systems has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sofcom Systems' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Sofcom Systems ranks #63 out of 2612 companies for Days Payable. This places Sofcom Systems in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.88. Sofcom Systems' value of 937.89 is 1707.8% above this benchmark. Historically, Sofcom Systems' own Days Payable has ranged from 40.53 to 2,616.84 over the past decade. While the company's 10-year median is 462.20 vs. the industry median of 51.88, Sofcom Systems 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 51.88, based on 2,612 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. Sofcom Systems's current Days Payable of 937.89 is 1707.8% 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 Sofcom Systems and its competitors. For the Software industry, the median Days Payable is 51.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sofcom Systems's current Days Payable is 937.89, which is 103% above median its own 10-year median of 462.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sofcom Systems stock overvalued right now?
Based on GuruFocus' analysis, Sofcom Systems (BOM:538923) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹8.66, compared to a current price of ₹19.39 — trading 123.9% above its estimated fair value. The current Days Payable is 937.89, which is 103% above median its 10-year median of 462.20 and 1707.8% above the Software industry median of 51.88. Sofcom Systems' overall GF Score™ is 37/100 with 3 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 Sofcom Systems (BOM:538923), the current Days Payable is 937.89 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 Sofcom Systems (BOM:538923) Overvalued in 2026?

Based on GuruFocus' analysis, Sofcom Systems stock appears to be overvalued. The current stock price of ₹19.39 is trading 123.9% above its estimated GF Value™ of ₹8.66. GuruFocus considers Sofcom Systems to be Significantly Overvalued.

Key valuation signals for BOM:538923:

  • Days Payable: 937.89 (103% above median its 10-year median of 462.20)
  • GF Value™: ₹8.66 vs. price of ₹19.39 (123.9% above fair value)
  • GF Score™: 37/100 with 3 warning signs
  • Industry Position: 1707.8% above the Software median (#63 of 2612)

No single metric tells the full story. See the BOM:538923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sofcom Systems Business Description

Address D-36, Subhash Marg, Flat No. 802 Sheel Mohar Apartment, C-Scheme, Jaipur, RJ, IND, 302001
Sofcom Systems Ltd provides consultancy for software development in the form of services, turnkey projects, and products for the domestic and export market. The software development is targeted towards the distribution, banking, telecommunication, and manufacturing sectors. It also offers software maintenance, reengineering, and downsizing of software applications in these market segments. The company is providing information technology solutions to both commercial and government clients. The Company is engaged in the trading of Software & other items and providing software consultancy in India. The Company derives revenues from sale of software and consultancy.
37GF Score

Get the complete analysis for BOM:538923

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

₹19.39
Price
₹8.66
GF Value