DRKOF (Martello Technologies Group) Days Payable: 23.51 (As of Mar. 2026) — 89% Below Median


What is Martello Technologies Group Days Payable?

Martello Technologies Group DRKOF Days Payable is 23.51 as of Mar. 2026, which is 89% below its 10-year median of 208.09. The stock has 6 warning signs investors should review. Among 2,602 Software companies, Martello Technologies Group ranks worse than 57.8% on this metric.

Martello Technologies Group's average Accounts Payable for the three months ended in Mar. 2026 was $0.05 Mil. Martello Technologies Group's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.20 Mil. Hence, Martello Technologies Group's Days Payable for the three months ended in Mar. 2026 was 23.51.

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

DRKOF' s Days Payable Range Over the Past 10 Years
Min: 34.76   Med: 208.09   Max: 446.11
Current: 42.49

During the past 13 years, Martello Technologies Group's highest Days Payable was 446.11. The lowest was 34.76. And the median was 208.09.

DRKOF's Days Payable is ranked worse than
57.8% of 2602 companies
in the Software industry
Industry Median: 53.955 vs DRKOF: 42.49

Martello Technologies Group's Days Payable declined from Mar. 2025 (34.57) to Mar. 2026 (23.51). It may suggest that Martello Technologies Group accelerated paying its suppliers.


Martello Technologies Group Days Payable Historical Data

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The historical data trend for Martello Technologies Group'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.

Martello Technologies Group Days Payable Chart

Martello Technologies Group Annual Data
Trend Apr17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 209.24 113.68 108.03 52.89 33.63

Martello Technologies Group 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 34.57 53.48 59.98 31.73 23.51

DRKOF vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Martello Technologies Group'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.


Martello Technologies Group Days Payable vs Software Industry

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

* The bar in red indicates where Martello Technologies Group's Days Payable falls into.



Martello Technologies Group 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.

Martello Technologies Group's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (0.159 + 0.066) / 2 ) / 1.221*365
=0.1125 / 1.221*365
=33.63

Martello Technologies Group'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
=( (0.035 + 0.066) / 2 ) / 0.196*365 / 4
=0.0505 / 0.196*365 / 4
=23.51

* 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 23.51 mean?
Martello Technologies Group (DRKOF) has a Days Payable of 23.51 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 Martello Technologies Group and its competitors. This is 89% below median its historical median of 208.09. Over the past decade, Martello Technologies Group's Days Payable has ranged from 34.76 to 446.11. According to the industry distribution chart, Martello Technologies Group ranks #1504 out of 2602 companies in the Software industry, placing it in the top 57.8%.
Is Martello Technologies Group's Days Payable too high?
Martello Technologies Group's current Days Payable of 23.51 is 89% below median its 10-year median of 208.09. Over the past 10 years, this metric has ranged from a low of 34.76 to a high of 446.11. The Software industry median Days Payable is 53.96. Martello Technologies Group's value of 23.51 is 56.4% below this industry median. Based on the distribution chart, Martello Technologies Group ranks #1504 out of 2602 companies in the Software industry, which is below the industry midpoint.
How does Martello Technologies Group's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Martello Technologies Group ranks #1504 out of 2602 companies for Days Payable. This places Martello Technologies Group in the lower half of its industry. The industry median Days Payable is 53.96. Martello Technologies Group's value of 23.51 is 56.4% below this benchmark. Historically, Martello Technologies Group's own Days Payable has ranged from 34.76 to 446.11 over the past decade. While the company's 10-year median is 208.09 vs. the industry median of 53.96, Martello Technologies Group 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 53.96, based on 2,602 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. Martello Technologies Group's current Days Payable of 23.51 is 56.4% 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 Martello Technologies Group 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. Martello Technologies Group's current Days Payable is 23.51, which is 89% below median its own 10-year median of 208.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martello Technologies Group stock overvalued right now?
Martello Technologies Group (DRKOF) has a current Days Payable of 23.51. The current Days Payable is 23.51, which is 89% below median its 10-year median of 208.09 and 56.4% below the Software industry median of 53.96. 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 Martello Technologies Group (DRKOF), the current Days Payable is 23.51 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.

Martello Technologies Group Business Description

Other Exchanges MTLO:Canada
Address 390 March Road, Unit 110, Ottawa, ON, CAN, K2K 0G7
Martello Technologies Group Inc develops and sells software products and solutions that optimize the performance of real-time applications on cloud and enterprise networks, while giving IT teams and service providers control and visibility of their entire IT infrastructure from a single platform. Martello's products include Vantage DX, a SaaS-based digital experience management solution purpose-built for collaboration services, including Microsoft 365, Teams, and Zoom, and Legacy Software Products, which include Gizmo, iQ, and LiveMap. In addition, the company develops Mitel Performance Analytics (MPA) software. The group operates in two segments: Modern Workplace Optimization, which derives maximum revenue, and Mitel. Geographically, it generates maximum revenue from Canada.