Sys-Dat SpA (FRA:9WH) Days Payable: 99.06 (As of Mar. 2026) — 10% Above Median

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FRA:9WH Sys-Dat SpA FRA:9WH
30 GF Score
Price €5.98
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What is Sys-Dat SpA Days Payable?

Sys-Dat SpA FRA:9WH 30 Days Payable is 99.06 as of Mar. 2026, which is 10% above its 10-year median of 89.92. GuruFocus rates FRA:9WH with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 2,605 Software companies, Sys-Dat SpA ranks better than 67.14% on this metric.

Sys-Dat SpA's average Accounts Payable for the three months ended in Mar. 2026 was €11.05 Mil. Sys-Dat SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was €10.18 Mil. Hence, Sys-Dat SpA's Days Payable for the three months ended in Mar. 2026 was 99.06.

The historical rank and industry rank for Sys-Dat SpA's Days Payable or its related term are showing as below:

FRA:9WH' s Days Payable Range Over the Past 10 Years
Min: 68.77   Med: 89.92   Max: 111.45
Current: 94.3

During the past 6 years, Sys-Dat SpA's highest Days Payable was 111.45. The lowest was 68.77. And the median was 89.92.

FRA:9WH's Days Payable is ranked better than
67.14% of 2605 companies
in the Software industry
Industry Median: 52.79 vs FRA:9WH: 94.30

Sys-Dat SpA's Days Payable increased from Mar. 2025 (80.73) to Mar. 2026 (99.06). It may suggest that Sys-Dat SpA delayed paying its suppliers.


Sys-Dat SpA Days Payable Historical Data

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The historical data trend for Sys-Dat SpA'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.

Sys-Dat SpA Days Payable Chart

Sys-Dat SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 111.45 90.40 89.92 80.29 68.77

Sys-Dat SpA Quarterly Data
Dec20 Dec21 Dec22 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 80.73 86.72 86.92 73.00 99.06

FRA:9WH vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Sys-Dat SpA'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.


Sys-Dat SpA Days Payable vs Software Industry

For the Software industry and Technology sector, Sys-Dat SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Sys-Dat SpA's Days Payable falls into.


FRA:9WH
30GF Score
Sys-Dat SpA FRA:9WH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sys-Dat SpA 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.

Sys-Dat SpA'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
=( (4.998 + 7.911) / 2 ) / 34.257*365
=6.4545 / 34.257*365
=68.77

Sys-Dat SpA'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
=( (7.911 + 14.191) / 2 ) / 10.18*365 / 4
=11.051 / 10.18*365 / 4
=99.06

* 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 99.06 mean?
Sys-Dat SpA (FRA:9WH) has a Days Payable of 99.06 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 Sys-Dat SpA and its competitors. This is 10% above median its historical median of 89.92. Over the past decade, Sys-Dat SpA's Days Payable has ranged from 68.77 to 111.45. According to the industry distribution chart, Sys-Dat SpA ranks #856 out of 2605 companies in the Software industry, placing it in the top 32.9%.
Is Sys-Dat SpA's Days Payable too high?
Sys-Dat SpA's current Days Payable of 99.06 is 10% above median its 10-year median of 89.92. Over the past 10 years, this metric has ranged from a low of 68.77 to a high of 111.45. The Software industry median Days Payable is 52.79. Sys-Dat SpA's value of 99.06 is 87.6% above this industry median. Based on the distribution chart, Sys-Dat SpA ranks #856 out of 2605 companies in the Software industry, which is above the industry midpoint. Overall, Sys-Dat SpA has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Sys-Dat SpA's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Sys-Dat SpA ranks #856 out of 2605 companies for Days Payable. This puts Sys-Dat SpA in the upper half of its industry. The industry median Days Payable is 52.79. Sys-Dat SpA's value of 99.06 is 87.6% above this benchmark. Historically, Sys-Dat SpA's own Days Payable has ranged from 68.77 to 111.45 over the past decade. While the company's 10-year median is 89.92 vs. the industry median of 52.79, Sys-Dat SpA 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 52.79, based on 2,605 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. Sys-Dat SpA's current Days Payable of 99.06 is 87.6% 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 Sys-Dat SpA and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sys-Dat SpA's current Days Payable is 99.06, which is 10% above median its own 10-year median of 89.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sys-Dat SpA stock overvalued right now?
Sys-Dat SpA (FRA:9WH) has a current Days Payable of 99.06. The current Days Payable is 99.06, which is 10% above median its 10-year median of 89.92 and 87.6% above the Software industry median of 52.79. Sys-Dat SpA's overall GF Score™ is 30/100 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 Sys-Dat SpA (FRA:9WH), the current Days Payable is 99.06 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.

Sys-Dat SpA Business Description

Other Exchanges SYS:Italy
Address Via Muzio Attendolo Detto Sforza, 7/9, Milan, ITA, 20141
Sys-Dat SpA is an IT solution company in Italy. The Group offers IT solutions for its clients such as fashion & luxury, manufacturing, ceramics, food & beverage, healthcare, logistics, publishing, banking, and professional services (law firms), retail, and distribution. Geographically, it generates the majority of its revenue from Italy. The solutions provided by the company consist of Business Intelligence, Servizi Cloud, CRM, Retail & Sales Digital Suite, Controllo energetico, Digital Marketing, EDI, Gestione HR, and GDPR & Privacy.
30GF Score

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