Manhattan AssociatesFRA:MHT +1.11%80 Days Payable is 15.97 as of Mar. 2026, which is 28% below its 10-year median of 22.11. GuruFocus rates FRA:MHT with a GF Score™ of 80/100 and a GF Value™ of €223.64 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,604 Software companies, Manhattan Associates ranks worse than 83.95% on this metric.
The historical rank and industry rank for Manhattan Associates's Days Payable or its related term are showing as below:
FRA:MHT'
s Days Payable Range Over the Past 10 Years
Min: 17 Med: 22.11 Max: 25.94
Current: 17.19
During the past 13 years, Manhattan Associates's highest Days Payable was 25.94. The lowest was 17.00. And the median was 22.11.
FRA:MHT's Days Payable is ranked worse than 83.95% of 2604
companies
in the Software industry
Industry Median: 53.955
vs FRA:MHT: 17.19
Manhattan Associates's Days Payable
declined
from Mar. 2025 (20.58) to Mar. 2026 (15.97).
It may suggest that Manhattan Associatesaccelerated paying its suppliers.
Manhattan Associates Days Payable Related Terms
Manhattan Associates Days Payable Historical Data
* Premium members only.
The historical data trend for Manhattan Associates'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:MHT vs FROG, BSY, DOCU: Days Payable Comparison
For the Software - Application subindustry, Manhattan Associates'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.
Manhattan Associates Days Payable vs Software Industry
For the Software industry and Technology sector, Manhattan Associates's Days Payable distribution charts can be found below:
* The bar in red indicates where Manhattan Associates'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.
Manhattan Associates'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.
Manhattan Associates (FRA:MHT) has a Days Payable of 15.97 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 Manhattan Associates and its competitors. This is 28% below median its historical median of 22.11. Over the past decade, Manhattan Associates' Days Payable has ranged from 17.00 to 25.94. According to the industry distribution chart, Manhattan Associates ranks #2186 out of 2604 companies in the Software industry, placing it in the top 83.9%.
Is Manhattan Associates' Days Payable too high?
Manhattan Associates' current Days Payable of 15.97 is 28% below median its 10-year median of 22.11. Over the past 10 years, this metric has ranged from a low of 17.00 to a high of 25.94. The Software industry median Days Payable is 53.96. Manhattan Associates' value of 15.97 is 70.4% below this industry median. Based on the distribution chart, Manhattan Associates ranks #2186 out of 2604 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Manhattan Associates has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manhattan Associates' Days Payable compare to FROG and BSY?
According to the Software industry distribution chart, Manhattan Associates ranks #2186 out of 2604 companies for Days Payable. This places Manhattan Associates in the lower half of its industry. The industry median Days Payable is 53.96. Manhattan Associates' value of 15.97 is 70.4% below this benchmark. Historically, Manhattan Associates' own Days Payable has ranged from 17.00 to 25.94 over the past decade. While the company's 10-year median is 22.11 vs. the industry median of 53.96, Manhattan Associates 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 53.96, based on 2,604 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. Manhattan Associates's current Days Payable of 15.97 is 70.4% 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 Manhattan Associates and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manhattan Associates's current Days Payable is 15.97, which is 28% below median its own 10-year median of 22.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manhattan Associates stock overvalued right now?
Based on GuruFocus' analysis, Manhattan Associates (FRA:MHT) is currently considered Significantly Undervalued. The stock's GF Value™ is €223.64, compared to a current price of €114.10 — trading 49% below its estimated fair value. The current Days Payable is 15.97, which is 28% below median its 10-year median of 22.11 and 70.4% below the Software industry median of 53.96. Manhattan Associates' overall GF Score™ is 80/100 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 Manhattan Associates (FRA:MHT), the current Days Payable is 15.97 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 Manhattan Associates (FRA:MHT) Overvalued in 2026?
Based on GuruFocus' analysis, Manhattan Associates stock appears to be undervalued.
The current stock price of €114.10 is trading 49% below its estimated GF Value™ of €223.64.
GuruFocus considers Manhattan Associates to be Significantly Undervalued.
Key valuation signals for FRA:MHT:
Days Payable: 15.97 (28% below median its 10-year median of 22.11)
GF Value™: €223.64 vs. price of €114.10 (49% below fair value)
Industry Position: 70.4% below the Software median (#2186 of 2604)
No single metric tells the full story. See the FRA:MHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers worldwide.
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