WithSecure (CHIX:WITHH) Days Payable: 273.45 (As of Sep. 2025) — 58% Above Median


CHIX:WITHH WithSecure Corp CHIX:WITHH
16 GF Score
Price €1.34
GF Value €0.74
! 5 Warning Signs
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What is WithSecure Days Payable?

WithSecure CHIX:WITHH 16 Days Payable is 273.45 as of Sep. 2025, which is 58% above its 10-year median of 172.57. GuruFocus rates CHIX:WITHH with a GF Score™ of 16/100 and a GF Value™ of €0.74. The stock has 5 warning signs investors should review.

WithSecure's average Accounts Payable for the three months ended in Sep. 2025 was €15.5 Mil. WithSecure's Cost of Goods Sold for the three months ended in Sep. 2025 was €5.2 Mil. Hence, WithSecure's Days Payable for the three months ended in Sep. 2025 was 273.45.

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

CHIX:WITHh' s Days Payable Range Over the Past 10 Years
Min: 31.58   Med: 172.57   Max: 451.35
Current: 197

During the past 13 years, WithSecure's highest Days Payable was 451.35. The lowest was 31.58. And the median was 172.57.

CHIX:WITHh's Days Payable is not ranked
in the Software industry.
Industry Median: 54.025 vs CHIX:WITHh: 197.00

WithSecure's Days Payable increased from Sep. 2024 (246.88) to Sep. 2025 (273.45). It may suggest that WithSecure delayed paying its suppliers.


WithSecure Days Payable Historical Data

* Premium members only.

The historical data trend for WithSecure'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.

WithSecure Days Payable Chart

WithSecure 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 31.58 44.70 40.34 177.26 167.87

WithSecure Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 246.88 139.90 117.17 208.85 273.45

CHIX:WITHH vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, WithSecure'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.


WithSecure Days Payable vs Software Industry

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

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


CHIX:WITHH
16GF Score
WithSecure Corp CHIX:WITHH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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WithSecure 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.

WithSecure'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
=( (18.034 + 3.506) / 2 ) / 23.417*365
=10.77 / 23.417*365
=167.87

WithSecure's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (14.149 + 16.849) / 2 ) / 5.172*365 / 4
=15.499 / 5.172*365 / 4
=273.45

* 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 273.45 mean?
WithSecure (CHIX:WITHH) has a Days Payable of 273.45 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on WithSecure and its competitors. This is 58% above median its historical median of 172.57. Over the past decade, WithSecure's Days Payable has ranged from 31.58 to 451.35.
Is WithSecure's Days Payable too high?
WithSecure's current Days Payable of 273.45 is 58% above median its 10-year median of 172.57. Over the past 10 years, this metric has ranged from a low of 31.58 to a high of 451.35. The Software industry median Days Payable is 54.03. WithSecure's value of 273.45 is 406.2% above this industry median. Overall, WithSecure has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does WithSecure's Days Payable compare to MSFT and ORCL?
WithSecure's Days Payable of 273.45 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. WithSecure's value of 273.45 is 406.2% above this benchmark. Historically, WithSecure's own Days Payable has ranged from 31.58 to 451.35 over the past decade. While the company's 10-year median is 172.57 vs. the industry median of 54.03, WithSecure 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 54.03, based on 2,600 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. WithSecure's current Days Payable of 273.45 is 406.2% 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 WithSecure and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WithSecure's current Days Payable is 273.45, which is 58% above median its own 10-year median of 172.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WithSecure stock overvalued right now?
WithSecure (CHIX:WITHH) has a current Days Payable of 273.45. The stock's GF Value™ is €0.74, compared to a current price of €1.34 — trading 81.1% above its estimated fair value. The current Days Payable is 273.45, which is 58% above median its 10-year median of 172.57 and 406.2% above the Software industry median of 54.03. WithSecure's overall GF Score™ is 16/100 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 WithSecure (CHIX:WITHH), the current Days Payable is 273.45 as of Sep. 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 WithSecure (CHIX:WITHH) Overvalued in 2026?

Based on GuruFocus' analysis, WithSecure stock appears to be overvalued. The current stock price of €1.34 is trading 81.1% above its estimated GF Value™ of €0.74.

Key valuation signals for CHIX:WITHH:

  • Days Payable: 273.45 (58% above median its 10-year median of 172.57)
  • GF Value™: €0.74 vs. price of €1.34 (81.1% above fair value)
  • GF Score™: 16/100 with 5 warning signs
  • Industry Position: 406.2% above the Software median

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


WithSecure Business Description

Address Valimerenkatu 1, Helsinki, FIN, 00181
WithSecure Corp, formerly F-Secure Corp is a cyber security products and services company The Company has one segment which is security. Its solutions help to protect thousands of businesses from security threats. Geographically, WithSecure is focused on Europe and the United States, and the company's products are sold by thousands of resellers. The company's revenue is split into three categories. Cloud revenue includes the Elements platform cloud-based products, Managed Detection and Response (MDR) and Cloud Protection for Salesforce (CPSF) revenue. Onpremise revenue includes the Elements portfolio on-premise product (Endpoint protection) and other legacy products. Consulting revenue includes the cyber security consulting services.
16GF Score

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

€1.34
Price
€0.74
GF Value