Asseco Business Solutions (FRA:9QQ) Days Payable: 5.78 (As of Mar. 2026) — 41% Below Median

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FRA:9QQ Asseco Business Solutions SA FRA:9QQ
88 GF Score
Price €19.45
GF Value €17.06
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Asseco Business Solutions Days Payable?

Asseco Business Solutions FRA:9QQ +0.52% 88 Days Payable is 5.78 as of Mar. 2026, which is 41% below its 10-year median of 9.86. GuruFocus rates FRA:9QQ with a GF Score™ of 88/100 and a GF Value™ of €17.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,610 Software companies, Asseco Business Solutions ranks worse than 94.67% on this metric.

Asseco Business Solutions's average Accounts Payable for the three months ended in Mar. 2026 was €1.0 Mil. Asseco Business Solutions's Cost of Goods Sold for the three months ended in Mar. 2026 was €15.8 Mil. Hence, Asseco Business Solutions's Days Payable for the three months ended in Mar. 2026 was 5.78.

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

FRA:9QQ' s Days Payable Range Over the Past 10 Years
Min: 5.33   Med: 9.86   Max: 14.5
Current: 6.52

During the past 13 years, Asseco Business Solutions's highest Days Payable was 14.50. The lowest was 5.33. And the median was 9.86.

FRA:9QQ's Days Payable is ranked worse than
94.67% of 2610 companies
in the Software industry
Industry Median: 52.78 vs FRA:9QQ: 6.52

Asseco Business Solutions's Days Payable declined from Mar. 2025 (5.95) to Mar. 2026 (5.78). It may suggest that Asseco Business Solutions accelerated paying its suppliers.


Asseco Business Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Asseco Business 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.

Asseco Business Solutions Days Payable Chart

Asseco Business Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.46 10.35 9.36 6.43 5.95

Asseco Business 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 5.95 7.26 7.98 6.25 5.78

FRA:9QQ vs QH, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, Asseco Business 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.


Asseco Business Solutions Days Payable vs Software Industry

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

* The bar in red indicates where Asseco Business Solutions's Days Payable falls into.


FRA:9QQ
88GF Score
Asseco Business Solutions SA FRA:9QQ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asseco Business 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.

Asseco Business 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
=( (0.881 + 1.127) / 2 ) / 61.619*365
=1.004 / 61.619*365
=5.95

Asseco Business 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
=( (1.127 + 0.867) / 2 ) / 15.75*365 / 4
=0.997 / 15.75*365 / 4
=5.78

* 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 5.78 mean?
Asseco Business Solutions (FRA:9QQ) has a Days Payable of 5.78 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 Asseco Business Solutions and its competitors. This is 41% below median its historical median of 9.86. Over the past decade, Asseco Business Solutions' Days Payable has ranged from 5.33 to 14.50. According to the industry distribution chart, Asseco Business Solutions ranks #2471 out of 2610 companies in the Software industry, placing it in the top 94.7%.
Is Asseco Business Solutions' Days Payable too high?
Asseco Business Solutions' current Days Payable of 5.78 is 41% below median its 10-year median of 9.86. Over the past 10 years, this metric has ranged from a low of 5.33 to a high of 14.50. The Software industry median Days Payable is 52.78. Asseco Business Solutions' value of 5.78 is 89% below this industry median. Based on the distribution chart, Asseco Business Solutions ranks #2471 out of 2610 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Asseco Business Solutions has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asseco Business Solutions' Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, Asseco Business Solutions ranks #2471 out of 2610 companies for Days Payable. This places Asseco Business Solutions in the lower half of its industry. The industry median Days Payable is 52.78. Asseco Business Solutions' value of 5.78 is 89% below this benchmark. Historically, Asseco Business Solutions' own Days Payable has ranged from 5.33 to 14.50 over the past decade. While the company's 10-year median is 9.86 vs. the industry median of 52.78, Asseco Business Solutions 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 52.78, based on 2,610 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. Asseco Business Solutions's current Days Payable of 5.78 is 89% 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 Asseco Business Solutions and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asseco Business Solutions's current Days Payable is 5.78, which is 41% below median its own 10-year median of 9.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco Business Solutions stock overvalued right now?
Based on GuruFocus' analysis, Asseco Business Solutions (FRA:9QQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.06, compared to a current price of €19.45 — trading 14% above its estimated fair value. The current Days Payable is 5.78, which is 41% below median its 10-year median of 9.86 and 89% below the Software industry median of 52.78. Asseco Business Solutions' overall GF Score™ is 88/100 with 3 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 Asseco Business Solutions (FRA:9QQ), the current Days Payable is 5.78 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 Asseco Business Solutions (FRA:9QQ) Overvalued in 2026?

Based on GuruFocus' analysis, Asseco Business Solutions stock appears to be overvalued. The current stock price of €19.45 is trading 14% above its estimated GF Value™ of €17.06. GuruFocus considers Asseco Business Solutions to be Modestly Overvalued.

Key valuation signals for FRA:9QQ:

  • Days Payable: 5.78 (41% below median its 10-year median of 9.86)
  • GF Value™: €17.06 vs. price of €19.45 (14% above fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 89% below the Software median (#2471 of 2610)

No single metric tells the full story. See the FRA:9QQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asseco Business Solutions Business Description

Other Exchanges ABS:Poland
Address ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.
88GF Score

Get the complete analysis for FRA:9QQ

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

€19.45
Price
€17.06
GF Value