Vtex (BSP:V2TX34) Days Payable: 249.83 (As of Mar. 2026) — 14% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:V2TX34 Vtex BSP:V2TX34
52 GF Score
Price R$20.99
GF Value R$39.81
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Vtex Days Payable?

Vtex BSP:V2TX34 +13.46% 52 Days Payable is 249.83 as of Mar. 2026, which is 14% above its 10-year median of 219.95. GuruFocus rates BSP:V2TX34 with a GF Score™ of 52/100 and a GF Value™ of R$39.81 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,610 Software companies, Vtex ranks better than 85.4% on this metric.

Vtex's average Accounts Payable for the three months ended in Mar. 2026 was R$175 Mil. Vtex's Cost of Goods Sold for the three months ended in Mar. 2026 was R$64 Mil. Hence, Vtex's Days Payable for the three months ended in Mar. 2026 was 249.83.

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

BSP:V2TX34' s Days Payable Range Over the Past 10 Years
Min: 57.52   Med: 219.95   Max: 243.26
Current: 230.97

During the past 8 years, Vtex's highest Days Payable was 243.26. The lowest was 57.52. And the median was 219.95.

BSP:V2TX34's Days Payable is ranked better than
85.4% of 2610 companies
in the Software industry
Industry Median: 52.785 vs BSP:V2TX34: 230.97

Vtex's Days Payable increased from Mar. 2025 (241.18) to Mar. 2026 (249.83). It may suggest that Vtex delayed paying its suppliers.


Vtex Days Payable Historical Data

* Premium members only.

The historical data trend for Vtex'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.

Vtex Days Payable Chart

Vtex Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 142.09 227.91 228.24 207.58 257.60

Vtex 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 241.18 238.00 263.26 236.78 249.83

BSP:V2TX34 vs PAR, PD, MNTN: Days Payable Comparison

For the Software - Application subindustry, Vtex'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.


Vtex Days Payable vs Software Industry

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

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


BSP:V2TX34
52GF Score
Vtex BSP:V2TX34
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vtex 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.

Vtex's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (219.654 + 197.584) / 2 ) / 295.596*365
=208.619 / 295.596*365
=257.60

Vtex'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
=( (197.584 + 153.07) / 2 ) / 64.037*365 / 4
=175.327 / 64.037*365 / 4
=249.83

* 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 249.83 mean?
Vtex (BSP:V2TX34) has a Days Payable of 249.83 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 Vtex and its competitors. This is 14% above median its historical median of 219.95. Over the past decade, Vtex's Days Payable has ranged from 57.52 to 243.26. According to the industry distribution chart, Vtex ranks #381 out of 2610 companies in the Software industry, placing it in the top 14.6%.
Is Vtex's Days Payable too high?
Vtex's current Days Payable of 249.83 is 14% above median its 10-year median of 219.95. Over the past 10 years, this metric has ranged from a low of 57.52 to a high of 243.26. The Software industry median Days Payable is 52.79. Vtex's value of 249.83 is 373.3% above this industry median. Based on the distribution chart, Vtex ranks #381 out of 2610 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Vtex has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vtex's Days Payable compare to PAR and PD?
According to the Software industry distribution chart, Vtex ranks #381 out of 2610 companies for Days Payable. This places Vtex in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. Vtex's value of 249.83 is 373.3% above this benchmark. Historically, Vtex's own Days Payable has ranged from 57.52 to 243.26 over the past decade. While the company's 10-year median is 219.95 vs. the industry median of 52.79, Vtex 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 52.79, 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. Vtex's current Days Payable of 249.83 is 373.3% 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 Vtex 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. Vtex's current Days Payable is 249.83, which is 14% above median its own 10-year median of 219.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vtex stock overvalued right now?
Based on GuruFocus' analysis, Vtex (BSP:V2TX34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$39.81, compared to a current price of R$20.99 — trading 47.3% below its estimated fair value. The current Days Payable is 249.83, which is 14% above median its 10-year median of 219.95 and 373.3% above the Software industry median of 52.79. Vtex's overall GF Score™ is 52/100 with 1 warning sign 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 Vtex (BSP:V2TX34), the current Days Payable is 249.83 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 Vtex (BSP:V2TX34) Overvalued in 2026?

Based on GuruFocus' analysis, Vtex stock appears to be undervalued. The current stock price of R$20.99 is trading 47.3% below its estimated GF Value™ of R$39.81. GuruFocus considers Vtex to be Significantly Undervalued.

Key valuation signals for BSP:V2TX34:

  • Days Payable: 249.83 (14% above median its 10-year median of 219.95)
  • GF Value™: R$39.81 vs. price of R$20.99 (47.3% below fair value)
  • GF Score™: 52/100 with 1 warning sign
  • Industry Position: 373.3% above the Software median (#381 of 2610)

No single metric tells the full story. See the BSP:V2TX34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vtex Business Description

Other Exchanges VTEX:USA
Address 103 South Church Street, 4th Floor, Harbour Place, PO Box 10240, Grand Cayman, CYM, KYI-1002
Vtex provides a software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce plan, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third-party vendors. The VTEX platform is designed to be composable and complete, enabling its customers to seamlessly implement, optimize, test, and expand both B2C and B2B digital experiences. It generates maximum revenues from Brazil followed by Latin America and the rest of the world.
52GF Score

Get the complete analysis for BSP:V2TX34

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

R$20.99
Price
R$39.81
GF Value