Gofore (CHIX:GOFORH) Days Payable: 32.46 (As of Mar. 2026) — 70% Above Median


CHIX:GOFORH Gofore PLC CHIX:GOFORH
77 GF Score
Price €14.14
GF Value €35.52
! 5 Warning Signs
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What is Gofore Days Payable?

Gofore CHIX:GOFORH 77 Days Payable is 32.46 as of Mar. 2026, which is 70% above its 10-year median of 19.12. GuruFocus rates CHIX:GOFORH with a GF Score™ of 77/100 and a GF Value™ of €35.52. The stock has 5 warning signs investors should review. Among 2,601 Software companies, Gofore ranks worse than 58.9% on this metric.

Gofore's average Accounts Payable for the three months ended in Mar. 2026 was €17.2 Mil. Gofore's Cost of Goods Sold for the three months ended in Mar. 2026 was €48.5 Mil. Hence, Gofore's Days Payable for the three months ended in Mar. 2026 was 32.46.

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

CHIX:GOFORh' s Days Payable Range Over the Past 10 Years
Min: 14.24   Med: 19.12   Max: 41.2
Current: 41.2

During the past 12 years, Gofore's highest Days Payable was 41.20. The lowest was 14.24. And the median was 19.12.

CHIX:GOFORh's Days Payable is ranked worse than
58.9% of 2601 companies
in the Software industry
Industry Median: 54.04 vs CHIX:GOFORh: 41.20

Gofore's Days Payable increased from Mar. 2025 (29.38) to Mar. 2026 (32.46). It may suggest that Gofore delayed paying its suppliers.


Gofore Days Payable Historical Data

* Premium members only.

The historical data trend for Gofore'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.

Gofore Days Payable Chart

Gofore 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 18.23 20.88 24.39 24.49 23.59

Gofore Quarterly Data
Dec20 Jun21 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 29.38 43.61 59.12 31.79 32.46

CHIX:GOFORH vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Gofore'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.


Gofore Days Payable vs Software Industry

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

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


CHIX:GOFORH
77GF Score
Gofore PLC CHIX:GOFORH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gofore 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.

Gofore'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
=( (7.313 + 10.169) / 2 ) / 135.262*365
=8.741 / 135.262*365
=23.59

Gofore'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
=( (10.169 + 24.32) / 2 ) / 48.483*365 / 4
=17.2445 / 48.483*365 / 4
=32.46

* 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 32.46 mean?
Gofore (CHIX:GOFORH) has a Days Payable of 32.46 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 Gofore and its competitors. This is 70% above median its historical median of 19.12. Over the past decade, Gofore's Days Payable has ranged from 14.24 to 41.20. According to the industry distribution chart, Gofore ranks #1532 out of 2601 companies in the Software industry, placing it in the top 58.9%.
Is Gofore's Days Payable too high?
Gofore's current Days Payable of 32.46 is 70% above median its 10-year median of 19.12. Over the past 10 years, this metric has ranged from a low of 14.24 to a high of 41.20. The Software industry median Days Payable is 54.04. Gofore's value of 32.46 is 39.9% below this industry median. Based on the distribution chart, Gofore ranks #1532 out of 2601 companies in the Software industry, which is below the industry midpoint. Overall, Gofore has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Gofore's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Gofore ranks #1532 out of 2601 companies for Days Payable. This places Gofore in the lower half of its industry. The industry median Days Payable is 54.04. Gofore's value of 32.46 is 39.9% below this benchmark. Historically, Gofore's own Days Payable has ranged from 14.24 to 41.20 over the past decade. While the company's 10-year median is 19.12 vs. the industry median of 54.04, Gofore 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 54.04, based on 2,601 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. Gofore's current Days Payable of 32.46 is 39.9% 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 Gofore and its competitors. For the Software industry, the median Days Payable is 54.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gofore's current Days Payable is 32.46, which is 70% above median its own 10-year median of 19.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gofore stock overvalued right now?
Gofore (CHIX:GOFORH) has a current Days Payable of 32.46. The stock's GF Value™ is €35.52, compared to a current price of €14.14 — trading 60.2% below its estimated fair value. The current Days Payable is 32.46, which is 70% above median its 10-year median of 19.12 and 39.9% below the Software industry median of 54.04. Gofore's overall GF Score™ is 77/100 with 5 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 Gofore (CHIX:GOFORH), the current Days Payable is 32.46 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 Gofore (CHIX:GOFORH) Overvalued in 2026?

Based on GuruFocus' analysis, Gofore stock appears to be undervalued. The current stock price of €14.14 is trading 60.2% below its estimated GF Value™ of €35.52.

Key valuation signals for CHIX:GOFORH:

  • Days Payable: 32.46 (70% above median its 10-year median of 19.12)
  • GF Value™: €35.52 vs. price of €14.14 (60.2% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 39.9% below the Software median (#1532 of 2601)

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


Gofore Business Description

Address Peltokatu 34, Tampere, FIN, 33100
Gofore PLC is a digital services company. The company is a pioneer in combining the tangible and digital worlds, as well as technological opportunities with changes in human behavior. The company operates business, AI adoption, transformation, and the design and development of products and digital services, operating across 26 cities in Finland, Germany, Austria, Liechtenstein, Czechia, Estonia, and Spain. The Group is in the business of providing digital solution services and digitalisation consultation services, with the majority of company's business within the digital services and consultation segment.
77GF Score

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

€14.14
Price
€35.52
GF Value