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Varonis SystemsBSP:V2RN34 +4.73%49 Days Payable is 23.89 as of Jun. 2026, which is 34% above its 10-year median of 17.86. GuruFocus rates BSP:V2RN34 with a GF Score™ of 49/100 and a GF Value™ of R$47.13 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,610 Software companies, Varonis Systems ranks worse than 81.38% on this metric.
The historical data trend for Varonis 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.
BSP:V2RN34 vs GTLB, DOX, PATH: Days Payable Comparison
For the Software - Infrastructure subindustry, Varonis 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.
Varonis Systems Days Payable vs Software Industry
For the Software industry and Technology sector, Varonis Systems's Days Payable distribution charts can be found below:
* The bar in red indicates where Varonis Systems'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.
Varonis Systems'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.
Varonis Systems (BSP:V2RN34) has a Days Payable of 23.89 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Varonis Systems and its competitors. This is 34% above median its historical median of 17.86. Over the past decade, Varonis Systems' Days Payable has ranged from 7.62 to 45.23. According to the industry distribution chart, Varonis Systems ranks #2124 out of 2610 companies in the Software industry, placing it in the top 81.4%.
Is Varonis Systems' Days Payable too high?
Varonis Systems' current Days Payable of 23.89 is 34% above median its 10-year median of 17.86. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 45.23. The Software industry median Days Payable is 52.71. Varonis Systems' value of 23.89 is 54.7% below this industry median. Based on the distribution chart, Varonis Systems ranks #2124 out of 2610 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Varonis Systems has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Varonis Systems' Days Payable compare to GTLB and DOX?
According to the Software industry distribution chart, Varonis Systems ranks #2124 out of 2610 companies for Days Payable. This places Varonis Systems in the lower half of its industry. The industry median Days Payable is 52.71. Varonis Systems' value of 23.89 is 54.7% below this benchmark. Historically, Varonis Systems' own Days Payable has ranged from 7.62 to 45.23 over the past decade. While the company's 10-year median is 17.86 vs. the industry median of 52.71, Varonis Systems 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 52.71, based on 2,610 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. Varonis Systems's current Days Payable of 23.89 is 54.7% 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 Varonis Systems and its competitors. For the Software industry, the median Days Payable is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varonis Systems's current Days Payable is 23.89, which is 34% above median its own 10-year median of 17.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varonis Systems stock overvalued right now?
Based on GuruFocus' analysis, Varonis Systems (BSP:V2RN34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$47.13, compared to a current price of R$36.72 — trading 22.1% below its estimated fair value. The current Days Payable is 23.89, which is 34% above median its 10-year median of 17.86 and 54.7% below the Software industry median of 52.71. Varonis Systems' overall GF Score™ is 49/100 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 Varonis Systems (BSP:V2RN34), the current Days Payable is 23.89 as of Jun. 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 Varonis Systems (BSP:V2RN34) Overvalued in 2026?
Based on GuruFocus' analysis, Varonis Systems stock appears to be undervalued.
The current stock price of R$36.72 is trading 22.1% below its estimated GF Value™ of R$47.13.
GuruFocus considers Varonis Systems to be Modestly Undervalued.
Key valuation signals for BSP:V2RN34:
Days Payable: 23.89 (34% above median its 10-year median of 17.86)
GF Value™: R$47.13 vs. price of R$36.72 (22.1% below fair value)
Industry Position: 54.7% below the Software median (#2124 of 2610)
No single metric tells the full story. See the BSP:V2RN34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
49GF Score
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