ACE Software Exports (BOM:890230) Days Payable: 27.49 (As of Mar. 2026) — 60% Below Median

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BOM:890230 ACE Software Exports Ltd BOM:890230
51 GF Score
Price ₹63.87
GF Value ₹154.15
Valuation Possible Value Trap
! 6 Warning Signs
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What is ACE Software Exports Days Payable?

ACE Software Exports BOM:890230 +6.49% 51 Days Payable is 27.49 as of Mar. 2026, which is 60% below its 10-year median of 68.16. GuruFocus rates BOM:890230 with a GF Score™ of 51/100 and a GF Value™ of ₹154.15 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,611 Software companies, ACE Software Exports ranks worse than 88.36% on this metric.

ACE Software Exports's average Accounts Payable for the three months ended in Mar. 2026 was ₹20.2 Mil. ACE Software Exports's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹67.1 Mil. Hence, ACE Software Exports's Days Payable for the three months ended in Mar. 2026 was 27.49.

The historical rank and industry rank for ACE Software Exports's Days Payable or its related term are showing as below:

BOM:890230' s Days Payable Range Over the Past 10 Years
Min: 13.24   Med: 68.16   Max: 127.92
Current: 13.24

During the past 13 years, ACE Software Exports's highest Days Payable was 127.92. The lowest was 13.24. And the median was 68.16.

BOM:890230's Days Payable is ranked worse than
88.36% of 2611 companies
in the Software industry
Industry Median: 52.78 vs BOM:890230: 13.24

ACE Software Exports's Days Payable increased from Mar. 2025 (10.67) to Mar. 2026 (27.49). It may suggest that ACE Software Exports delayed paying its suppliers.


ACE Software Exports Days Payable Historical Data

* Premium members only.

The historical data trend for ACE Software Exports'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.

ACE Software Exports Days Payable Chart

ACE Software Exports 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 82.68 70.16 19.72 19.92 17.60

ACE Software Exports 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 10.67 9.90 4.19 4.66 27.49

BOM:890230 vs QH, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, ACE Software Exports'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.


ACE Software Exports Days Payable vs Software Industry

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

* The bar in red indicates where ACE Software Exports's Days Payable falls into.


BOM:890230
51GF Score
ACE Software Exports Ltd BOM:890230
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ACE Software Exports 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.

ACE Software Exports'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
=( (8.287 + 20.214) / 2 ) / 295.603*365
=14.2505 / 295.603*365
=17.60

ACE Software Exports'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 + 20.214) / 1 ) / 67.097*365 / 4
=20.214 / 67.097*365 / 4
=27.49

* 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 27.49 mean?
ACE Software Exports (BOM:890230) has a Days Payable of 27.49 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 ACE Software Exports and its competitors. This is 60% below median its historical median of 68.16. Over the past decade, ACE Software Exports' Days Payable has ranged from 13.24 to 127.92. According to the industry distribution chart, ACE Software Exports ranks #2307 out of 2611 companies in the Software industry, placing it in the top 88.4%.
Is ACE Software Exports' Days Payable too high?
ACE Software Exports' current Days Payable of 27.49 is 60% below median its 10-year median of 68.16. Over the past 10 years, this metric has ranged from a low of 13.24 to a high of 127.92. The Software industry median Days Payable is 52.78. ACE Software Exports' value of 27.49 is 47.9% below this industry median. Based on the distribution chart, ACE Software Exports ranks #2307 out of 2611 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, ACE Software Exports has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ACE Software Exports' Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, ACE Software Exports ranks #2307 out of 2611 companies for Days Payable. This places ACE Software Exports in the lower half of its industry. The industry median Days Payable is 52.78. ACE Software Exports' value of 27.49 is 47.9% below this benchmark. Historically, ACE Software Exports' own Days Payable has ranged from 13.24 to 127.92 over the past decade. While the company's 10-year median is 68.16 vs. the industry median of 52.78, ACE Software Exports 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 52.78, based on 2,611 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. ACE Software Exports's current Days Payable of 27.49 is 47.9% 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 ACE Software Exports and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACE Software Exports's current Days Payable is 27.49, which is 60% below median its own 10-year median of 68.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACE Software Exports stock overvalued right now?
Based on GuruFocus' analysis, ACE Software Exports (BOM:890230) is currently considered Possible Value Trap. The stock's GF Value™ is ₹154.15, compared to a current price of ₹63.87 — trading 58.6% below its estimated fair value. The current Days Payable is 27.49, which is 60% below median its 10-year median of 68.16 and 47.9% below the Software industry median of 52.78. ACE Software Exports' overall GF Score™ is 51/100 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 ACE Software Exports (BOM:890230), the current Days Payable is 27.49 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 ACE Software Exports (BOM:890230) Overvalued in 2026?

Based on GuruFocus' analysis, ACE Software Exports stock appears to be undervalued. The current stock price of ₹63.87 is trading 58.6% below its estimated GF Value™ of ₹154.15. GuruFocus considers ACE Software Exports to be Possible Value Trap.

Key valuation signals for BOM:890230:

  • Days Payable: 27.49 (60% below median its 10-year median of 68.16)
  • GF Value™: ₹154.15 vs. price of ₹63.87 (58.6% below fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 47.9% below the Software median (#2307 of 2611)

No single metric tells the full story. See the BOM:890230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACE Software Exports Business Description

Other Exchanges 531525:India
Address 801 - Everest Commercial Complex, Opposite Shashtri Maidan, Rajkot, GJ, IND, 360001
ACE Software Exports Ltd operates in the business of software database creation. It provides document management, digital publishing, and data conversion solutions using process engineering and cost-effective and flexible conversion systems. The firm operates under a single segment namely Computer Software and Services Exports. The company is engaged in the exports of computer software and service. The company's business relates to database creation pertaining to Information technology-enabled services, which include creating large volume full text, and image-based databases. The company derives the majority of its revenue from the sale of software.
51GF Score

Get the complete analysis for BOM:890230

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

₹63.87
Price
₹154.15
GF Value