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Hennge KKFRA:90D -2.08%73 Days Payable is 13.57 as of Mar. 2026, which is 36% above its 10-year median of 9.95. GuruFocus rates FRA:90D with a GF Score™ of 73/100 and a GF Value™ of €10.69 (Modestly Undervalued). Among 2,612 Software companies, Hennge KK ranks worse than 89.43% on this metric.
Hennge KK's average Accounts Payable for the
three
months ended in Mar. 2026 was €0.33 Mil. Hennge KK's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €2.22 Mil.
Hence, Hennge KK's Days Payable for the
three
months ended in Mar. 2026 was 13.57.
The historical rank and industry rank for Hennge KK's Days Payable or its related term are showing as below:
FRA:90D'
s Days Payable Range Over the Past 10 Years
Min: 7.27 Med: 9.95 Max: 38.54
Current: 11.51
During the past 9 years, Hennge KK's highest Days Payable was 38.54. The lowest was 7.27. And the median was 9.95.
FRA:90D's Days Payable is ranked worse than 89.43% of 2612
companies
in the Software industry
Industry Median: 52.055
vs FRA:90D: 11.51
Hennge KK's Days Payable
increased
from Mar. 2025 (10.53) to Mar. 2026 (13.57).
It may suggest that Hennge KKdelayed paying its suppliers.
The historical data trend for Hennge KK'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.
FRA:90D vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, Hennge KK'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.
Hennge KK Days Payable vs Software Industry
For the Software industry and Technology sector, Hennge KK's Days Payable distribution charts can be found below:
* The bar in red indicates where Hennge KK's Days Payable falls into.
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.
Hennge KK's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as
* 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.
Hennge KK (FRA:90D) has a Days Payable of 13.57 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 Hennge KK and its competitors. This is 36% above median its historical median of 9.95. Over the past decade, Hennge KK's Days Payable has ranged from 7.27 to 38.54. According to the industry distribution chart, Hennge KK ranks #2336 out of 2612 companies in the Software industry, placing it in the top 89.4%.
Is Hennge KK's Days Payable too high?
Hennge KK's current Days Payable of 13.57 is 36% above median its 10-year median of 9.95. Over the past 10 years, this metric has ranged from a low of 7.27 to a high of 38.54. The Software industry median Days Payable is 52.06. Hennge KK's value of 13.57 is 73.9% below this industry median. Based on the distribution chart, Hennge KK ranks #2336 out of 2612 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Hennge KK has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hennge KK's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Hennge KK ranks #2336 out of 2612 companies for Days Payable. This places Hennge KK in the lower half of its industry. The industry median Days Payable is 52.06. Hennge KK's value of 13.57 is 73.9% below this benchmark. Historically, Hennge KK's own Days Payable has ranged from 7.27 to 38.54 over the past decade. While the company's 10-year median is 9.95 vs. the industry median of 52.06, Hennge KK 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 52.06, based on 2,612 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. Hennge KK's current Days Payable of 13.57 is 73.9% 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 Hennge KK and its competitors. For the Software industry, the median Days Payable is 52.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hennge KK's current Days Payable is 13.57, which is 36% above median its own 10-year median of 9.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hennge KK stock overvalued right now?
Based on GuruFocus' analysis, Hennge KK (FRA:90D) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.69, compared to a current price of €8.01 — trading 25.1% below its estimated fair value. The current Days Payable is 13.57, which is 36% above median its 10-year median of 9.95 and 73.9% below the Software industry median of 52.06. Hennge KK's overall GF Score™ is 73/100. 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 Hennge KK (FRA:90D), the current Days Payable is 13.57 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.
Is Hennge KK (FRA:90D) Overvalued in 2026?
Based on GuruFocus' analysis, Hennge KK stock appears to be undervalued.
The current stock price of €8.01 is trading 25.1% below its estimated GF Value™ of €10.69.
GuruFocus considers Hennge KK to be Modestly Undervalued.
Key valuation signals for FRA:90D:
Days Payable: 13.57 (36% above median its 10-year median of 9.95)
GF Value™: €10.69 vs. price of €8.01 (25.1% below fair value)
Industry Position: 73.9% below the Software median (#2336 of 2612)
No single metric tells the full story. See the FRA:90D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hennge KK is engaged in providing cloud security services. The company is developing the business, intending to contribute to development by structuring it in a way that makes it easier for companies to benefit and providing it as new value.
73GF Score
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