CSP (CSPI) Days Payable: 141.52 (As of Jun. 2026) — 79% Above Median

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CSPI CSP Inc CSPI
58 GF Score
Price $8.12
GF Value $11.72
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is CSP Days Payable?

CSP CSPI +3.04% 58 Days Payable is 141.52 as of Jun. 2026, which is 79% above its 10-year median of 79.16. GuruFocus rates CSPI with a GF Score™ of 58/100 and a GF Value™ of $11.72 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,606 Software companies, CSP ranks better than 78.13% on this metric.

CSP's average Accounts Payable for the three months ended in Jun. 2026 was $15.61 Mil. CSP's Cost of Goods Sold for the three months ended in Jun. 2026 was $10.07 Mil. Hence, CSP's Days Payable for the three months ended in Jun. 2026 was 141.52.

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

CSPI' s Days Payable Range Over the Past 10 Years
Min: 33.96   Med: 79.16   Max: 156.71
Current: 143.8

During the past 13 years, CSP's highest Days Payable was 156.71. The lowest was 33.96. And the median was 79.16.

CSPI's Days Payable is ranked better than
78.13% of 2606 companies
in the Software industry
Industry Median: 51.815 vs CSPI: 143.80

CSP's Days Payable increased from Jun. 2025 (102.24) to Jun. 2026 (141.52). It may suggest that CSP delayed paying its suppliers.


CSP Days Payable Historical Data

* Premium members only.

The historical data trend for CSP'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.

CSP Days Payable Chart

CSP Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.16 156.71 110.88 80.20 117.47

CSP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 102.24 145.12 195.19 120.32 141.52

CSPI vs QXL, CTM, TTEC: Days Payable Comparison

For the Information Technology Services subindustry, CSP'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.


CSP Days Payable vs Software Industry

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

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


CSPI
58GF Score
CSP Inc CSPI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CSP 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.

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

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (9.262 + 16.625) / 2 ) / 40.219*365
=12.9435 / 40.219*365
=117.47

CSP's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (15.823 + 15.396) / 2 ) / 10.065*365 / 4
=15.6095 / 10.065*365 / 4
=141.52

* 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 141.52 mean?
CSP (CSPI) has a Days Payable of 141.52 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CSP and its competitors. This is 79% above median its historical median of 79.16. Over the past decade, CSP's Days Payable has ranged from 33.96 to 156.71. According to the industry distribution chart, CSP ranks #570 out of 2606 companies in the Software industry, placing it in the top 21.9%.
Is CSP's Days Payable too high?
CSP's current Days Payable of 141.52 is 79% above median its 10-year median of 79.16. Over the past 10 years, this metric has ranged from a low of 33.96 to a high of 156.71. The Software industry median Days Payable is 51.82. CSP's value of 141.52 is 173.1% above this industry median. Based on the distribution chart, CSP ranks #570 out of 2606 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, CSP has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CSP's Days Payable compare to QXL and CTM?
According to the Software industry distribution chart, CSP ranks #570 out of 2606 companies for Days Payable. This places CSP in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.82. CSP's value of 141.52 is 173.1% above this benchmark. Historically, CSP's own Days Payable has ranged from 33.96 to 156.71 over the past decade. While the company's 10-year median is 79.16 vs. the industry median of 51.82, CSP 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 51.82, based on 2,606 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. CSP's current Days Payable of 141.52 is 173.1% 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 CSP and its competitors. For the Software industry, the median Days Payable is 51.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSP's current Days Payable is 141.52, which is 79% above median its own 10-year median of 79.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSP stock overvalued right now?
Based on GuruFocus' analysis, CSP (CSPI) is currently considered Possible Value Trap. The stock's GF Value™ is $11.72, compared to a current price of $8.12 — trading 30.7% below its estimated fair value. The current Days Payable is 141.52, which is 79% above median its 10-year median of 79.16 and 173.1% above the Software industry median of 51.82. CSP's overall GF Score™ is 58/100 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 CSP (CSPI), the current Days Payable is 141.52 as of Jun. 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 CSP (CSPI) Overvalued in 2026?

Based on GuruFocus' analysis, CSP stock appears to be undervalued. The current stock price of $8.12 is trading 30.7% below its estimated GF Value™ of $11.72. GuruFocus considers CSP to be Possible Value Trap.

Key valuation signals for CSPI:

  • Days Payable: 141.52 (79% above median its 10-year median of 79.16)
  • GF Value™: $11.72 vs. price of $8.12 (30.7% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 173.1% above the Software median (#570 of 2606)

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


CSP Business Description

Address 175 Cabot Street, Suite 210, Lowell, MA, USA, 01854
CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and high-performance cluster computer systems. The firm operates in two segments, namely Technology Solutions, where the company focuses on value-added reseller integrated solutions, including third-party hardware, software, and technical computer-related consulting, and High-Performance Products segments, where the company designs, manufactures, and delivers products and services to customers that require specialized cybersecurity services, networking, and signal processing. It generates a majority of its revenue from the Technology Solutions segment. Geographically, the company generates the majority of its revenue from the Americas.
58GF Score

Get the complete analysis for CSPI

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

$8.12
Price
$11.72
GF Value