CVGYY Days Payable: 346.95 (As of Mar. 2026) — Near Median


What is Converge Information And Communications Technology Solutions Days Payable?

Converge Information And Communications Technology Solutions CVGYY 95 Days Payable is 346.95 as of Mar. 2026, which is 8% below its 10-year median of 377.80. GuruFocus rates CVGYY with a GF Score™ of 95/100. The stock has 2 warning signs investors should review. Among 342 Telecommunication Services companies, Converge Information And Communications Technology Solutions ranks better than 87.13% on this metric.

Converge Information And Communications Technology Solutions's average Accounts Payable for the three months ended in Mar. 2026 was $234.33 Mil. Converge Information And Communications Technology Solutions's Cost of Goods Sold for the three months ended in Mar. 2026 was $61.63 Mil. Hence, Converge Information And Communications Technology Solutions's Days Payable for the three months ended in Mar. 2026 was 346.95.

The historical rank and industry rank for Converge Information And Communications Technology Solutions's Days Payable or its related term are showing as below:

CVGYY' s Days Payable Range Over the Past 10 Years
Min: 216.16   Med: 377.8   Max: 680.64
Current: 331.14

During the past 8 years, Converge Information And Communications Technology Solutions's highest Days Payable was 680.64. The lowest was 216.16. And the median was 377.80.

CVGYY's Days Payable is ranked better than
87.13% of 342 companies
in the Telecommunication Services industry
Industry Median: 106.335 vs CVGYY: 331.14

Converge Information And Communications Technology Solutions's Days Payable increased from Mar. 2025 (265.34) to Mar. 2026 (346.95). It may suggest that Converge Information And Communications Technology Solutions delayed paying its suppliers.

Converge Information And Communications Technology Solutions Days Payable Related Terms

Converge Information And Communications Technology Solutions Days Payable Historical Data

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The historical data trend for Converge Information And Communications Technology Solutions'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.

Converge Information And Communications Technology Solutions Days Payable Chart

Converge Information And Communications Technology Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 372.96 382.63 384.10 269.89 216.16

Converge Information And Communications Technology Solutions Quarterly Data
Jun21 Sep21 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 265.34 352.53 337.34 266.27 346.95

CVGYY vs TMUS, VZ, T: Days Payable Comparison

For the Telecom Services subindustry, Converge Information And Communications Technology Solutions'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.

Converge Information And Communications Technology Solutions Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Converge Information And Communications Technology Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Converge Information And Communications Technology Solutions's Days Payable falls into.


Converge Information And Communications Technology Solutions 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.

Converge Information And Communications Technology Solutions'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
=( (135.723 + 168.959) / 2 ) / 257.237*365
=152.341 / 257.237*365
=216.16

Converge Information And Communications Technology Solutions'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
=( (168.959 + 299.702) / 2 ) / 61.63*365 / 4
=234.3305 / 61.63*365 / 4
=346.95

* 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 346.95 mean?
Converge Information And Communications Technology Solutions (CVGYY) has a Days Payable of 346.95 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 Converge Information And Communications Technology Solutions and its competitors. This is near median its historical median of 377.80. Over the past decade, Converge Information And Communications Technology Solutions' Days Payable has ranged from 216.16 to 680.64. According to the industry distribution chart, Converge Information And Communications Technology Solutions ranks #44 out of 342 companies in the Telecommunication Services industry, placing it in the top 12.9%.
Is Converge Information And Communications Technology Solutions' Days Payable too high?
Converge Information And Communications Technology Solutions' current Days Payable of 346.95 is near median its 10-year median of 377.80. Over the past 10 years, this metric has ranged from a low of 216.16 to a high of 680.64. The Telecommunication Services industry median Days Payable is 106.34. Converge Information And Communications Technology Solutions' value of 346.95 is 226.3% above this industry median. Based on the distribution chart, Converge Information And Communications Technology Solutions ranks #44 out of 342 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Converge Information And Communications Technology Solutions has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Converge Information And Communications Technology Solutions' Days Payable compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Converge Information And Communications Technology Solutions ranks #44 out of 342 companies for Days Payable. This places Converge Information And Communications Technology Solutions in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 106.34. Converge Information And Communications Technology Solutions' value of 346.95 is 226.3% above this benchmark. Historically, Converge Information And Communications Technology Solutions' own Days Payable has ranged from 216.16 to 680.64 over the past decade. While the company's 10-year median is 377.80 vs. the industry median of 106.34, Converge Information And Communications Technology Solutions 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 106.34, based on 342 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. Converge Information And Communications Technology Solutions's current Days Payable of 346.95 is 226.3% 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 Converge Information And Communications Technology Solutions and its competitors. For the Telecommunication Services industry, the median Days Payable is 106.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Converge Information And Communications Technology Solutions's current Days Payable is 346.95, which is near median its own 10-year median of 377.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Converge Information And Communications Technology Solutions stock overvalued right now?
Converge Information And Communications Technology Solutions (CVGYY) has a current Days Payable of 346.95. The current Days Payable is 346.95, which is near median its 10-year median of 377.80 and 226.3% above the Telecommunication Services industry median of 106.34. Converge Information And Communications Technology Solutions' overall GF Score™ is 95/100 with 2 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 Converge Information And Communications Technology Solutions (CVGYY), the current Days Payable is 346.95 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.

Converge Information And Communications Technology Solutions Business Description

Other Exchanges CNVRG:Philippines
Address Mc Arthur Highway, New Street Building, Balibago, Angeles, PAM, PHL, 2009
Converge Information And Communications Technology Solutions Inc is a pure-play high-speed fixed broadband provider in the Philippines, with industry optical fiber-based connectivity services. Its singular focus on high-speed fixed broadband services is deeply ingrained in the organization and permeates all aspects of Converge's operations, including network rollout, product and service innovation, sales, and customer service. The company operates in two businesses, namely Residential Business and Enterprise Business, and it generates maximum revenue from Residential Business. The company derives all its revenue from Philippines.