CCYNF (Cyan AG) Days Payable: 61.14 (As of Dec. 2025) — Near Median


CCYNF Cyan AG CCYNF
70 GF Score
Price $3.22
GF Value $5.69
! 3 Warning Signs
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What is Cyan AG Days Payable?

Cyan AG CCYNF 70 Days Payable is 61.14 as of Dec. 2025, which is 6% above its 10-year median of 57.65. GuruFocus rates CCYNF with a GF Score™ of 70/100 and a GF Value™ of $5.69. The stock has 3 warning signs investors should review. Among 2,604 Software companies, Cyan AG ranks better than 50.38% on this metric.

Cyan AG's average Accounts Payable for the six months ended in Dec. 2025 was $1.07 Mil. Cyan AG's Cost of Goods Sold for the six months ended in Dec. 2025 was $3.19 Mil. Hence, Cyan AG's Days Payable for the six months ended in Dec. 2025 was 61.14.

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

CCYNF' s Days Payable Range Over the Past 10 Years
Min: 24.21   Med: 57.65   Max: 240.08
Current: 54.42

During the past 12 years, Cyan AG's highest Days Payable was 240.08. The lowest was 24.21. And the median was 57.65.

CCYNF's Days Payable is ranked better than
50.38% of 2604 companies
in the Software industry
Industry Median: 53.955 vs CCYNF: 54.42

Cyan AG's Days Payable declined from Dec. 2024 (80.90) to Dec. 2025 (61.14). It may suggest that Cyan AG accelerated paying its suppliers.


Cyan AG Days Payable Historical Data

* Premium members only.

The historical data trend for Cyan AG'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.

Cyan AG Days Payable Chart

Cyan AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.80 253.08 48.23 24.54 23.52

Cyan AG Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 151.97 68.84 80.90 74.89 61.14

CCYNF vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Cyan AG'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.


Cyan AG Days Payable vs Software Industry

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

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


CCYNF
70GF Score
Cyan AG CCYNF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cyan AG 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.

Cyan AG'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
=( (0.515 + 0.274) / 2 ) / 6.123*365
=0.3945 / 6.123*365
=23.52

Cyan AG's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1.86 + 0.274) / 2 ) / 3.185*365 / 2
=1.067 / 3.185*365 / 2
=61.14

* 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 61.14 mean?
Cyan AG (CCYNF) has a Days Payable of 61.14 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cyan AG and its competitors. This is near median its historical median of 57.65. Over the past decade, Cyan AG's Days Payable has ranged from 24.21 to 240.08. According to the industry distribution chart, Cyan AG ranks #1292 out of 2604 companies in the Software industry, placing it in the top 49.6%.
Is Cyan AG's Days Payable too high?
Cyan AG's current Days Payable of 61.14 is near median its 10-year median of 57.65. Over the past 10 years, this metric has ranged from a low of 24.21 to a high of 240.08. The Software industry median Days Payable is 53.96. Cyan AG's value of 61.14 is 13.3% above this industry median. Based on the distribution chart, Cyan AG ranks #1292 out of 2604 companies in the Software industry, which is above the industry midpoint. Overall, Cyan AG has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Cyan AG's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Cyan AG ranks #1292 out of 2604 companies for Days Payable. This puts Cyan AG in the upper half of its industry. The industry median Days Payable is 53.96. Cyan AG's value of 61.14 is 13.3% above this benchmark. Historically, Cyan AG's own Days Payable has ranged from 24.21 to 240.08 over the past decade. While the company's 10-year median is 57.65 vs. the industry median of 53.96, Cyan AG 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 53.96, based on 2,604 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. Cyan AG's current Days Payable of 61.14 is 13.3% 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 Cyan AG and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyan AG's current Days Payable is 61.14, which is near median its own 10-year median of 57.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyan AG stock overvalued right now?
Cyan AG (CCYNF) has a current Days Payable of 61.14. The stock's GF Value™ is $5.69, compared to a current price of $3.22 — trading 43.3% below its estimated fair value. The current Days Payable is 61.14, which is near median its 10-year median of 57.65 and 13.3% above the Software industry median of 53.96. Cyan AG's overall GF Score™ is 70/100 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 Cyan AG (CCYNF), the current Days Payable is 61.14 as of Dec. 2025. 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 Cyan AG (CCYNF) Overvalued in 2026?

Based on GuruFocus' analysis, Cyan AG stock appears to be undervalued. The current stock price of $3.22 is trading 43.3% below its estimated GF Value™ of $5.69.

Key valuation signals for CCYNF:

  • Days Payable: 61.14 (near median its 10-year median of 57.65)
  • GF Value™: $5.69 vs. price of $3.22 (43.3% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 13.3% above the Software median (#1292 of 2604)

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


Cyan AG Business Description

Other Exchanges CYR:Germany
Address Josephspitalstrasse 15, Munich, DEU, 80331
Cyan AG offers cybersecurity solutions for end customers of mobile network operators (MNOS) and mobile virtual network operators (MVNOs). Its solutions are Threat Intelligence, Network Solutions, Endpoint Solutions, and SMB Solutions.
70GF Score

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

$3.22
Price
$5.69
GF Value