Solteq Oyj (FRA:B3M) Days Payable: 66.08 (As of Mar. 2026) — 80% Above Median


FRA:B3M Solteq Oyj FRA:B3M
37 GF Score
Price €0.21
GF Value €0.38
! 3 Warning Signs
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What is Solteq Oyj Days Payable?

Solteq Oyj FRA:B3M -4.65% 37 Days Payable is 66.08 as of Mar. 2026, which is 80% above its 10-year median of 36.62. GuruFocus rates FRA:B3M with a GF Score™ of 37/100 and a GF Value™ of €0.38. The stock has 3 warning signs investors should review. Among 2,602 Software companies, Solteq Oyj ranks better than 67.79% on this metric.

Solteq Oyj's average Accounts Payable for the three months ended in Mar. 2026 was €7.37 Mil. Solteq Oyj's Cost of Goods Sold for the three months ended in Mar. 2026 was €10.18 Mil. Hence, Solteq Oyj's Days Payable for the three months ended in Mar. 2026 was 66.08.

The historical rank and industry rank for Solteq Oyj's Days Payable or its related term are showing as below:

FRA:B3M' s Days Payable Range Over the Past 10 Years
Min: 25.72   Med: 36.62   Max: 372.02
Current: 97.16

During the past 13 years, Solteq Oyj's highest Days Payable was 372.02. The lowest was 25.72. And the median was 36.62.

FRA:B3M's Days Payable is ranked better than
67.79% of 2602 companies
in the Software industry
Industry Median: 53.825 vs FRA:B3M: 97.16

Solteq Oyj's Days Payable declined from Mar. 2025 (72.54) to Mar. 2026 (66.08). It may suggest that Solteq Oyj accelerated paying its suppliers.


Solteq Oyj Days Payable Historical Data

* Premium members only.

The historical data trend for Solteq Oyj'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.

Solteq Oyj Days Payable Chart

Solteq Oyj 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 40.51 34.70 31.09 30.18 27.41

Solteq Oyj 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 72.54 111.46 126.61 67.04 66.08

FRA:B3M vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Solteq Oyj'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.


Solteq Oyj Days Payable vs Software Industry

For the Software industry and Technology sector, Solteq Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Solteq Oyj's Days Payable falls into.


FRA:B3M
37GF Score
Solteq Oyj FRA:B3M
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Solteq Oyj 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.

Solteq Oyj'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
=( (2.653 + 2.437) / 2 ) / 33.896*365
=2.545 / 33.896*365
=27.41

Solteq Oyj'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
=( (2.437 + 12.308) / 2 ) / 10.181*365 / 4
=7.3725 / 10.181*365 / 4
=66.08

* 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 66.08 mean?
Solteq Oyj (FRA:B3M) has a Days Payable of 66.08 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 Solteq Oyj and its competitors. This is 80% above median its historical median of 36.62. Over the past decade, Solteq Oyj's Days Payable has ranged from 25.72 to 372.02. According to the industry distribution chart, Solteq Oyj ranks #838 out of 2602 companies in the Software industry, placing it in the top 32.2%.
Is Solteq Oyj's Days Payable too high?
Solteq Oyj's current Days Payable of 66.08 is 80% above median its 10-year median of 36.62. Over the past 10 years, this metric has ranged from a low of 25.72 to a high of 372.02. The Software industry median Days Payable is 53.83. Solteq Oyj's value of 66.08 is 22.8% above this industry median. Based on the distribution chart, Solteq Oyj ranks #838 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, Solteq Oyj has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Solteq Oyj's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Solteq Oyj ranks #838 out of 2602 companies for Days Payable. This puts Solteq Oyj in the upper half of its industry. The industry median Days Payable is 53.83. Solteq Oyj's value of 66.08 is 22.8% above this benchmark. Historically, Solteq Oyj's own Days Payable has ranged from 25.72 to 372.02 over the past decade. While the company's 10-year median is 36.62 vs. the industry median of 53.83, Solteq Oyj 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 53.83, 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. Solteq Oyj's current Days Payable of 66.08 is 22.8% 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 Solteq Oyj and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solteq Oyj's current Days Payable is 66.08, which is 80% above median its own 10-year median of 36.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solteq Oyj stock overvalued right now?
Solteq Oyj (FRA:B3M) has a current Days Payable of 66.08. The stock's GF Value™ is €0.38, compared to a current price of €0.21 — trading 46.1% below its estimated fair value. The current Days Payable is 66.08, which is 80% above median its 10-year median of 36.62 and 22.8% above the Software industry median of 53.83. Solteq Oyj's overall GF Score™ is 37/100 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 Solteq Oyj (FRA:B3M), the current Days Payable is 66.08 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 Solteq Oyj (FRA:B3M) Overvalued in 2026?

Based on GuruFocus' analysis, Solteq Oyj stock appears to be undervalued. The current stock price of €0.21 is trading 46.1% below its estimated GF Value™ of €0.38.

Key valuation signals for FRA:B3M:

  • Days Payable: 66.08 (80% above median its 10-year median of 36.62)
  • GF Value™: €0.38 vs. price of €0.21 (46.1% below fair value)
  • GF Score™: 37/100 with 3 warning signs
  • Industry Position: 22.8% above the Software median (#838 of 2602)

No single metric tells the full story. See the FRA:B3M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solteq Oyj Business Description

Address Revontulenkuja 1, Espoo, FIN, 02100
Solteq Oyj is a provider of software solutions and IT services to the energy sector, retail industry, and e-commerce. The company operates with approximately 400 IT professionals in Finland, Sweden, Norway, Denmark, Poland, and the United Kingdom. It has two reportable business segments: Utilities and Retail & Commerce. The Utilities segment offers software solutions and services for the energy sector. The Retail & Commerce segment is focused on the software solutions and services related to retail industry and e-commerce. The company derives the majority of revenue from the Retail & Commerce segment and geographically from Finland.
37GF Score

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

€0.21
Price
€0.38
GF Value