NetAppFRA:NTA -1.32%91 Days Payable is 75.21 as of Apr. 2026, which is 16% below its 10-year median of 89.87. GuruFocus rates FRA:NTA with a GF Score™ of 91/100 and a GF Value™ of €103.22 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,598 Software companies, NetApp ranks better than 63.66% on this metric.
NetApp's average Accounts Payable for the
three
months ended in Apr. 2026 was €411 Mil. NetApp's Cost of Goods Sold for the
three
months ended in Apr. 2026 was €498 Mil.
Hence, NetApp's Days Payable for the
three
months ended in Apr. 2026 was 75.21.
The historical rank and industry rank for NetApp's Days Payable or its related term are showing as below:
FRA:NTA'
s Days Payable Range Over the Past 10 Years
Min: 51.57 Med: 89.87 Max: 98.75
Current: 83.38
During the past 13 years, NetApp's highest Days Payable was 98.75. The lowest was 51.57. And the median was 89.87.
FRA:NTA's Days Payable is ranked better than 63.66% of 2598
companies
in the Software industry
Industry Median: 53.675
vs FRA:NTA: 83.38
NetApp's Days Payable
declined
from Apr. 2025 (83.13) to Apr. 2026 (75.21).
It may suggest that NetAppaccelerated paying its suppliers.
NetApp Days Payable Related Terms
NetApp Days Payable Historical Data
* Premium members only.
The historical data trend for NetApp'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:NTA vs TWLO, MDB, VRSN: Days Payable Comparison
For the Software - Infrastructure subindustry, NetApp'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.
NetApp Days Payable vs Software Industry
For the Software industry and Technology sector, NetApp's Days Payable distribution charts can be found below:
* The bar in red indicates where NetApp'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.
NetApp's Days Payable for the fiscal year that ended in Apr. 2026 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.
NetApp (FRA:NTA) has a Days Payable of 75.21 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on NetApp and its competitors. This is 16% below median its historical median of 89.87. Over the past decade, NetApp's Days Payable has ranged from 51.57 to 98.75. According to the industry distribution chart, NetApp ranks #944 out of 2598 companies in the Software industry, placing it in the top 36.3%.
Is NetApp's Days Payable too high?
NetApp's current Days Payable of 75.21 is 16% below median its 10-year median of 89.87. Over the past 10 years, this metric has ranged from a low of 51.57 to a high of 98.75. The Software industry median Days Payable is 53.68. NetApp's value of 75.21 is 40.1% above this industry median. Based on the distribution chart, NetApp ranks #944 out of 2598 companies in the Software industry, which is above the industry midpoint. Overall, NetApp has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's Days Payable compare to TWLO and MDB?
According to the Software industry distribution chart, NetApp ranks #944 out of 2598 companies for Days Payable. This puts NetApp in the upper half of its industry. The industry median Days Payable is 53.68. NetApp's value of 75.21 is 40.1% above this benchmark. Historically, NetApp's own Days Payable has ranged from 51.57 to 98.75 over the past decade. While the company's 10-year median is 89.87 vs. the industry median of 53.68, NetApp 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 53.68, 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. NetApp's current Days Payable of 75.21 is 40.1% 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 NetApp 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. NetApp's current Days Payable is 75.21, which is 16% below median its own 10-year median of 89.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetApp stock overvalued right now?
Based on GuruFocus' analysis, NetApp (FRA:NTA) is currently considered Modestly Overvalued. The stock's GF Value™ is €103.22, compared to a current price of €133.36 — trading 29.2% above its estimated fair value. The current Days Payable is 75.21, which is 16% below median its 10-year median of 89.87 and 40.1% above the Software industry median of 53.68. NetApp's overall GF Score™ is 91/100 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 NetApp (FRA:NTA), the current Days Payable is 75.21 as of Apr. 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 NetApp (FRA:NTA) Overvalued in 2026?
Based on GuruFocus' analysis, NetApp stock appears to be overvalued.
The current stock price of €133.36 is trading 29.2% above its estimated GF Value™ of €103.22.
GuruFocus considers NetApp to be Modestly Overvalued.
Key valuation signals for FRA:NTA:
Days Payable: 75.21 (16% below median its 10-year median of 89.87)
GF Value™: €103.22 vs. price of €133.36 (29.2% above fair value)
Industry Position: 40.1% above the Software median (#944 of 2598)
No single metric tells the full story. See the FRA:NTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NetApp Inc is storage hardware provider into a software-driven, cloud-centric data infrastructure company. Its flagship ONTAP data management software, together with a comprehensive portfolio of all-flash, hybrid-flash, and cloud-native solutions, forms the backbone of digital transformation for thousands of enterprises world'wide. Its operations are organized into two segments Hybrid Cloud and Public Cloud. It generates majority of revenue from Hybrid Cloud offers a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. It generates majority of revenue from United States followed by International market.
91GF Score
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