CalixFRA:CXA +3.73%79 Days Payable is 41.63 as of Mar. 2026, which is 48% above its 10-year median of 28.20. GuruFocus rates FRA:CXA with a GF Score™ of 79/100 and a GF Value™ of €41.91 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,598 Software companies, Calix ranks worse than 70.28% on this metric.
Calix's average Accounts Payable for the
three
months ended in Mar. 2026 was €47.6 Mil. Calix's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €104.4 Mil.
Hence, Calix's Days Payable for the
three
months ended in Mar. 2026 was 41.63.
The historical rank and industry rank for Calix's Days Payable or its related term are showing as below:
FRA:CXA'
s Days Payable Range Over the Past 10 Years
Min: 15.91 Med: 28.2 Max: 57
Current: 28.57
During the past 13 years, Calix's highest Days Payable was 57.00. The lowest was 15.91. And the median was 28.20.
FRA:CXA's Days Payable is ranked worse than 70.28% of 2598
companies
in the Software industry
Industry Median: 53.675
vs FRA:CXA: 28.57
Calix's Days Payable
increased
from Mar. 2025 (20.75) to Mar. 2026 (41.63).
It may suggest that Calixdelayed paying its suppliers.
Calix Days Payable Related Terms
Calix Days Payable Historical Data
* Premium members only.
The historical data trend for Calix'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:CXA vs RAMP, AVPT, NN: Days Payable Comparison
For the Software - Infrastructure subindustry, Calix'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.
Calix Days Payable vs Software Industry
For the Software industry and Technology sector, Calix's Days Payable distribution charts can be found below:
* The bar in red indicates where Calix'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.
Calix's Days Payable for the fiscal year that ended in Dec. 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.
Calix (FRA:CXA) has a Days Payable of 41.63 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 Calix and its competitors. This is 48% above median its historical median of 28.20. Over the past decade, Calix's Days Payable has ranged from 15.91 to 57.00. According to the industry distribution chart, Calix ranks #1826 out of 2598 companies in the Software industry, placing it in the top 70.3%.
Is Calix's Days Payable too high?
Calix's current Days Payable of 41.63 is 48% above median its 10-year median of 28.20. Over the past 10 years, this metric has ranged from a low of 15.91 to a high of 57.00. The Software industry median Days Payable is 53.68. Calix's value of 41.63 is 22.4% below this industry median. Based on the distribution chart, Calix ranks #1826 out of 2598 companies in the Software industry, which is below the industry midpoint. Overall, Calix has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calix's Days Payable compare to RAMP and AVPT?
According to the Software industry distribution chart, Calix ranks #1826 out of 2598 companies for Days Payable. This places Calix in the lower half of its industry. The industry median Days Payable is 53.68. Calix's value of 41.63 is 22.4% below this benchmark. Historically, Calix's own Days Payable has ranged from 15.91 to 57.00 over the past decade. While the company's 10-year median is 28.20 vs. the industry median of 53.68, Calix 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 53.68, based on 2,598 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. Calix's current Days Payable of 41.63 is 22.4% 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 Calix and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calix's current Days Payable is 41.63, which is 48% above median its own 10-year median of 28.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calix stock overvalued right now?
Based on GuruFocus' analysis, Calix (FRA:CXA) is currently considered Modestly Undervalued. The stock's GF Value™ is €41.91, compared to a current price of €33.40 — trading 20.3% below its estimated fair value. The current Days Payable is 41.63, which is 48% above median its 10-year median of 28.20 and 22.4% below the Software industry median of 53.68. Calix's overall GF Score™ is 79/100 with 2 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 Calix (FRA:CXA), the current Days Payable is 41.63 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 Calix (FRA:CXA) Overvalued in 2026?
Based on GuruFocus' analysis, Calix stock appears to be undervalued.
The current stock price of €33.40 is trading 20.3% below its estimated GF Value™ of €41.91.
GuruFocus considers Calix to be Modestly Undervalued.
Key valuation signals for FRA:CXA:
Days Payable: 41.63 (48% above median its 10-year median of 28.20)
GF Value™: €41.91 vs. price of €33.40 (20.3% below fair value)
Industry Position: 22.4% below the Software median (#1826 of 2598)
No single metric tells the full story. See the FRA:CXA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calix Inc develops, markets and sells its appliance-based platform, cloud and managed services that enable service providers of all types and sizes to innovate and transform their businesses. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. The Company's revenue is principally derived in the United States and it also has its presence in Europe, Americas excluding U.S., and Rest of World.
79GF Score
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