CombinedX AB (FRA:K13) Days Payable: 9.98 (As of Mar. 2026) — 49% Below Median


FRA:K13 CombinedX AB FRA:K13
84 GF Score
Price €3.26
GF Value €3.46
! 8 Warning Signs
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What is CombinedX AB Days Payable?

CombinedX AB FRA:K13 84 Days Payable is 9.98 as of Mar. 2026, which is 49% below its 10-year median of 19.72. GuruFocus rates FRA:K13 with a GF Score™ of 84/100 and a GF Value™ of €3.46. The stock has 8 warning signs investors should review. Among 2,602 Software companies, CombinedX AB ranks worse than 90.47% on this metric.

CombinedX AB's average Accounts Payable for the three months ended in Mar. 2026 was €2.08 Mil. CombinedX AB's Cost of Goods Sold for the three months ended in Mar. 2026 was €18.98 Mil. Hence, CombinedX AB's Days Payable for the three months ended in Mar. 2026 was 9.98.

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

FRA:K13' s Days Payable Range Over the Past 10 Years
Min: 10.77   Med: 19.72   Max: 26.29
Current: 10.77

During the past 8 years, CombinedX AB's highest Days Payable was 26.29. The lowest was 10.77. And the median was 19.72.

FRA:K13's Days Payable is ranked worse than
90.47% of 2602 companies
in the Software industry
Industry Median: 53.825 vs FRA:K13: 10.77

CombinedX AB's Days Payable declined from Mar. 2025 (12.27) to Mar. 2026 (9.98). It may suggest that CombinedX AB accelerated paying its suppliers.


CombinedX AB Days Payable Historical Data

* Premium members only.

The historical data trend for CombinedX AB'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.

CombinedX AB Days Payable Chart

CombinedX AB Annual Data
Trend Apr18 Apr19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 20.83 27.08 21.33 14.33 13.91

CombinedX AB 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 12.27 9.82 14.11 11.56 9.98

FRA:K13 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, CombinedX AB'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.


CombinedX AB Days Payable vs Software Industry

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

* The bar in red indicates where CombinedX AB's Days Payable falls into.


FRA:K13
84GF Score
CombinedX AB FRA:K13
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CombinedX AB 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.

CombinedX AB'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
=( (2.782 + 2.527) / 2 ) / 69.663*365
=2.6545 / 69.663*365
=13.91

CombinedX AB'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
=( (2.527 + 1.625) / 2 ) / 18.976*365 / 4
=2.076 / 18.976*365 / 4
=9.98

* 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 9.98 mean?
CombinedX AB (FRA:K13) has a Days Payable of 9.98 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 CombinedX AB and its competitors. This is 49% below median its historical median of 19.72. Over the past decade, CombinedX AB's Days Payable has ranged from 10.77 to 26.29. According to the industry distribution chart, CombinedX AB ranks #2354 out of 2602 companies in the Software industry, placing it in the top 90.5%.
Is CombinedX AB's Days Payable too high?
CombinedX AB's current Days Payable of 9.98 is 49% below median its 10-year median of 19.72. Over the past 10 years, this metric has ranged from a low of 10.77 to a high of 26.29. The Software industry median Days Payable is 53.83. CombinedX AB's value of 9.98 is 81.5% below this industry median. Based on the distribution chart, CombinedX AB ranks #2354 out of 2602 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, CombinedX AB has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does CombinedX AB's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, CombinedX AB ranks #2354 out of 2602 companies for Days Payable. This places CombinedX AB in the lower half of its industry. The industry median Days Payable is 53.83. CombinedX AB's value of 9.98 is 81.5% below this benchmark. Historically, CombinedX AB's own Days Payable has ranged from 10.77 to 26.29 over the past decade. While the company's 10-year median is 19.72 vs. the industry median of 53.83, CombinedX AB 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 53.83, 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. CombinedX AB's current Days Payable of 9.98 is 81.5% 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 CombinedX AB 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. CombinedX AB's current Days Payable is 9.98, which is 49% below median its own 10-year median of 19.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CombinedX AB stock overvalued right now?
CombinedX AB (FRA:K13) has a current Days Payable of 9.98. The stock's GF Value™ is €3.46, compared to a current price of €3.26 — trading 5.8% below its estimated fair value. The current Days Payable is 9.98, which is 49% below median its 10-year median of 19.72 and 81.5% below the Software industry median of 53.83. CombinedX AB's overall GF Score™ is 84/100 with 8 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 CombinedX AB (FRA:K13), the current Days Payable is 9.98 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 CombinedX AB (FRA:K13) Overvalued in 2026?

Based on GuruFocus' analysis, CombinedX AB stock appears to be undervalued. The current stock price of €3.26 is trading 5.8% below its estimated GF Value™ of €3.46.

Key valuation signals for FRA:K13:

  • Days Payable: 9.98 (49% below median its 10-year median of 19.72)
  • GF Value™: €3.46 vs. price of €3.26 (5.8% below fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 81.5% below the Software median (#2354 of 2602)

No single metric tells the full story. See the FRA:K13 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CombinedX AB Business Description

Other Exchanges CX:Sweden
Address Tynasgatan 10, Karlstad, SWE, 652 16
CombinedX AB is a family of knowledge companies that help companies and organizations to take advantage of the opportunities of digitalisation. It delivers services through eight wholly-owned specialist companies, each with market-leading technology and business expertise in its niche.
84GF Score

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

€3.26
Price
€3.46
GF Value