It Way (CHIX:ITWM) Days Payable: 87.98 (As of Jun. 2025) — 47% Below Median


CHIX:ITWM It Way CHIX:ITWM
60 GF Score
Price €0.78
GF Value €1.35
! 4 Warning Signs
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What is It Way Days Payable?

It Way CHIX:ITWM 60 Days Payable is 87.98 as of Jun. 2025, which is 47% below its 10-year median of 165.50. GuruFocus rates CHIX:ITWM with a GF Score™ of 60/100 and a GF Value™ of €1.35. The stock has 4 warning signs investors should review. Among 2,604 Software companies, It Way ranks better than 64.71% on this metric.

It Way's average Accounts Payable for the three months ended in Jun. 2025 was €13.68 Mil. It Way's Cost of Goods Sold for the three months ended in Jun. 2025 was €14.18 Mil. Hence, It Way's Days Payable for the three months ended in Jun. 2025 was 87.98.

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

CHIX:ITWm' s Days Payable Range Over the Past 10 Years
Min: 85.69   Med: 165.5   Max: 314.15
Current: 85.69

During the past 13 years, It Way's highest Days Payable was 314.15. The lowest was 85.69. And the median was 165.50.

CHIX:ITWm's Days Payable is ranked better than
64.71% of 2604 companies
in the Software industry
Industry Median: 53.955 vs CHIX:ITWm: 85.69

It Way's Days Payable increased from Jun. 2024 (84.45) to Jun. 2025 (87.98). It may suggest that It Way delayed paying its suppliers.


It Way Days Payable Historical Data

* Premium members only.

The historical data trend for It Way'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.

It Way Days Payable Chart

It Way Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.49 132.48 131.98 123.79 123.31

It Way Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 84.45 92.46 93.43 98.25 87.98

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

For the Information Technology Services subindustry, It Way'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.


It Way Days Payable vs Software Industry

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

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


CHIX:ITWM
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It Way CHIX:ITWM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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It Way 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.

It Way's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (15.094 + 19.703) / 2 ) / 51.5*365
=17.3985 / 51.5*365
=123.31

It Way's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (0 + 13.675) / 1 ) / 14.183*365 / 4
=13.675 / 14.183*365 / 4
=87.98

* 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 87.98 mean?
It Way (CHIX:ITWM) has a Days Payable of 87.98 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on It Way and its competitors. This is 47% below median its historical median of 165.50. Over the past decade, It Way's Days Payable has ranged from 85.69 to 314.15. According to the industry distribution chart, It Way ranks #919 out of 2604 companies in the Software industry, placing it in the top 35.3%.
Is It Way's Days Payable too high?
It Way's current Days Payable of 87.98 is 47% below median its 10-year median of 165.50. Over the past 10 years, this metric has ranged from a low of 85.69 to a high of 314.15. The Software industry median Days Payable is 53.96. It Way's value of 87.98 is 63.1% above this industry median. Based on the distribution chart, It Way ranks #919 out of 2604 companies in the Software industry, which is above the industry midpoint. Overall, It Way has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does It Way's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, It Way ranks #919 out of 2604 companies for Days Payable. This puts It Way in the upper half of its industry. The industry median Days Payable is 53.96. It Way's value of 87.98 is 63.1% above this benchmark. Historically, It Way's own Days Payable has ranged from 85.69 to 314.15 over the past decade. While the company's 10-year median is 165.50 vs. the industry median of 53.96, It Way 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. It Way's current Days Payable of 87.98 is 63.1% 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 It Way 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. It Way's current Days Payable is 87.98, which is 47% below median its own 10-year median of 165.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is It Way stock overvalued right now?
It Way (CHIX:ITWM) has a current Days Payable of 87.98. The stock's GF Value™ is €1.35, compared to a current price of €0.78 — trading 41.9% below its estimated fair value. The current Days Payable is 87.98, which is 47% below median its 10-year median of 165.50 and 63.1% above the Software industry median of 53.96. It Way's overall GF Score™ is 60/100 with 4 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 It Way (CHIX:ITWM), the current Days Payable is 87.98 as of Jun. 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 It Way (CHIX:ITWM) Overvalued in 2026?

Based on GuruFocus' analysis, It Way stock appears to be undervalued. The current stock price of €0.78 is trading 41.9% below its estimated GF Value™ of €1.35.

Key valuation signals for CHIX:ITWM:

  • Days Payable: 87.98 (47% below median its 10-year median of 165.50)
  • GF Value™: €1.35 vs. price of €0.78 (41.9% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 63.1% above the Software median (#919 of 2604)

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


It Way Business Description

Other Exchanges ITW:Italy
Address Viale Achille Papa, 30, Ravenna, ITA, 48124
It Way is an Italy-based company that operates in the information technology (IT) industry. The company's segment includes VAD and Others. It generates maximum revenue from the VAD segment. It has three reference sectors namely Valued Added Distribution and Value Added Reseller and Value Added Services. The company focuses on distribution and integration of products and services for logical security of IT systems, professional services and production of solutions and software technologies for e-business and professional services as system integrators and centralization of applications.
60GF Score

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

€0.78
Price
€1.35
GF Value