AltronFRA:RY7A 69 Days Payable is 48.74 as of Feb. 2026, which is 40% below its 10-year median of 81.05. GuruFocus rates FRA:RY7A with a GF Score™ of 69/100 and a GF Value™ of €0.95 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,602 Software companies, Altron ranks worse than 54.15% on this metric.
Altron's average Accounts Payable for the
six
months ended in Feb. 2026 was €53.7 Mil. Altron's Cost of Goods Sold for the
six
months ended in Feb. 2026 was €201.1 Mil.
Hence, Altron's Days Payable for the
six
months ended in Feb. 2026 was 48.74.
The historical rank and industry rank for Altron's Days Payable or its related term are showing as below:
FRA:RY7A'
s Days Payable Range Over the Past 10 Years
Min: 38.19 Med: 81.05 Max: 192.07
Current: 47.95
During the past 13 years, Altron's highest Days Payable was 192.07. The lowest was 38.19. And the median was 81.05.
FRA:RY7A's Days Payable is ranked worse than 54.15% of 2602
companies
in the Software industry
Industry Median: 53.825
vs FRA:RY7A: 47.95
Altron's Days Payable
declined
from Feb. 2025 (58.52) to Feb. 2026 (48.74).
It may suggest that Altronaccelerated paying its suppliers.
Altron Days Payable Related Terms
Altron Days Payable Historical Data
* Premium members only.
The historical data trend for Altron'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:RY7A vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Altron'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.
Altron Days Payable vs Software Industry
For the Software industry and Technology sector, Altron's Days Payable distribution charts can be found below:
* The bar in red indicates where Altron'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.
Altron's Days Payable for the fiscal year that ended in Feb. 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.
Altron (FRA:RY7A) has a Days Payable of 48.74 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Altron and its competitors. This is 40% below median its historical median of 81.05. Over the past decade, Altron's Days Payable has ranged from 38.19 to 192.07. According to the industry distribution chart, Altron ranks #1409 out of 2602 companies in the Software industry, placing it in the top 54.2%.
Is Altron's Days Payable too high?
Altron's current Days Payable of 48.74 is 40% below median its 10-year median of 81.05. Over the past 10 years, this metric has ranged from a low of 38.19 to a high of 192.07. The Software industry median Days Payable is 53.83. Altron's value of 48.74 is 9.4% below this industry median. Based on the distribution chart, Altron ranks #1409 out of 2602 companies in the Software industry, which is below the industry midpoint. Overall, Altron has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altron's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Altron ranks #1409 out of 2602 companies for Days Payable. This places Altron in the lower half of its industry. The industry median Days Payable is 53.83. Altron's value of 48.74 is 9.4% below this benchmark. Historically, Altron's own Days Payable has ranged from 38.19 to 192.07 over the past decade. While the company's 10-year median is 81.05 vs. the industry median of 53.83, Altron 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. Altron's current Days Payable of 48.74 is 9.4% 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 Altron 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. Altron's current Days Payable is 48.74, which is 40% below median its own 10-year median of 81.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altron stock overvalued right now?
Based on GuruFocus' analysis, Altron (FRA:RY7A) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.95, compared to a current price of €1.42 — trading 49.5% above its estimated fair value. The current Days Payable is 48.74, which is 40% below median its 10-year median of 81.05 and 9.4% below the Software industry median of 53.83. Altron's overall GF Score™ is 69/100 with 4 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 Altron (FRA:RY7A), the current Days Payable is 48.74 as of Feb. 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 Altron (FRA:RY7A) Overvalued in 2026?
Based on GuruFocus' analysis, Altron stock appears to be overvalued.
The current stock price of €1.42 is trading 49.5% above its estimated GF Value™ of €0.95.
GuruFocus considers Altron to be Significantly Overvalued.
Key valuation signals for FRA:RY7A:
Days Payable: 48.74 (40% below median its 10-year median of 81.05)
GF Value™: €0.95 vs. price of €1.42 (49.5% above fair value)
Industry Position: 9.4% below the Software median (#1409 of 2602)
No single metric tells the full story. See the FRA:RY7A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Key revenue of the group is derived from the local market in South Africa.
69GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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