Shutterstock (FRA:S3T) Days Payable: 13.12 (As of Mar. 2026) — 42% Above Median


FRA:S3T Shutterstock Inc FRA:S3T
72 GF Score
Price €8.18
GF Value €25.86
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shutterstock Days Payable?

Shutterstock FRA:S3T -1.74% 72 Days Payable is 13.12 as of Mar. 2026, which is 42% above its 10-year median of 9.27. GuruFocus rates FRA:S3T with a GF Score™ of 72/100 and a GF Value™ of €25.86 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 429 Interactive Media companies, Shutterstock ranks worse than 89.04% on this metric.

Shutterstock's average Accounts Payable for the three months ended in Mar. 2026 was €11.8 Mil. Shutterstock's Cost of Goods Sold for the three months ended in Mar. 2026 was €82.0 Mil. Hence, Shutterstock's Days Payable for the three months ended in Mar. 2026 was 13.12.

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

FRA:S3T' s Days Payable Range Over the Past 10 Years
Min: 6.01   Med: 9.27   Max: 13.39
Current: 13.39

During the past 13 years, Shutterstock's highest Days Payable was 13.39. The lowest was 6.01. And the median was 9.27.

FRA:S3T's Days Payable is ranked worse than
89.04% of 429 companies
in the Interactive Media industry
Industry Median: 65.69 vs FRA:S3T: 13.39

Shutterstock's Days Payable increased from Mar. 2025 (11.59) to Mar. 2026 (13.12). It may suggest that Shutterstock delayed paying its suppliers.


Shutterstock Days Payable Historical Data

* Premium members only.

The historical data trend for Shutterstock'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.

Shutterstock Days Payable Chart

Shutterstock Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.12 9.66 8.54 8.27 10.86

Shutterstock 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 11.59 14.28 13.44 13.03 13.12

FRA:S3T vs NRDS, CARS, MAX: Days Payable Comparison

For the Internet Content & Information subindustry, Shutterstock'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.


Shutterstock Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Shutterstock's Days Payable distribution charts can be found below:

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


FRA:S3T
72GF Score
Shutterstock Inc FRA:S3T
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shutterstock 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.

Shutterstock'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
=( (8.806 + 11.869) / 2 ) / 347.447*365
=10.3375 / 347.447*365
=10.86

Shutterstock'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
=( (11.869 + 11.705) / 2 ) / 81.992*365 / 4
=11.787 / 81.992*365 / 4
=13.12

* 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 13.12 mean?
Shutterstock (FRA:S3T) has a Days Payable of 13.12 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 Shutterstock and its competitors. This is 42% above median its historical median of 9.27. Over the past decade, Shutterstock's Days Payable has ranged from 6.01 to 13.39. According to the industry distribution chart, Shutterstock ranks #382 out of 429 companies in the Interactive Media industry, placing it in the top 89%.
Is Shutterstock's Days Payable too high?
Shutterstock's current Days Payable of 13.12 is 42% above median its 10-year median of 9.27. Over the past 10 years, this metric has ranged from a low of 6.01 to a high of 13.39. The Interactive Media industry median Days Payable is 65.69. Shutterstock's value of 13.12 is 80% below this industry median. Based on the distribution chart, Shutterstock ranks #382 out of 429 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Shutterstock has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shutterstock's Days Payable compare to NRDS and CARS?
According to the Interactive Media industry distribution chart, Shutterstock ranks #382 out of 429 companies for Days Payable. This places Shutterstock in the lower half of its industry. The industry median Days Payable is 65.69. Shutterstock's value of 13.12 is 80% below this benchmark. Historically, Shutterstock's own Days Payable has ranged from 6.01 to 13.39 over the past decade. While the company's 10-year median is 9.27 vs. the industry median of 65.69, Shutterstock 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.69, based on 429 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. Shutterstock's current Days Payable of 13.12 is 80% 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 Shutterstock and its competitors. For the Interactive Media industry, the median Days Payable is 65.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shutterstock's current Days Payable is 13.12, which is 42% above median its own 10-year median of 9.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shutterstock stock overvalued right now?
Based on GuruFocus' analysis, Shutterstock (FRA:S3T) is currently considered Possible Value Trap. The stock's GF Value™ is €25.86, compared to a current price of €8.18 — trading 68.4% below its estimated fair value. The current Days Payable is 13.12, which is 42% above median its 10-year median of 9.27 and 80% below the Interactive Media industry median of 65.69. Shutterstock's overall GF Score™ is 72/100 with 5 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 Shutterstock (FRA:S3T), the current Days Payable is 13.12 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 Shutterstock (FRA:S3T) Overvalued in 2026?

Based on GuruFocus' analysis, Shutterstock stock appears to be undervalued. The current stock price of €8.18 is trading 68.4% below its estimated GF Value™ of €25.86. GuruFocus considers Shutterstock to be Possible Value Trap.

Key valuation signals for FRA:S3T:

  • Days Payable: 13.12 (42% above median its 10-year median of 9.27)
  • GF Value™: €25.86 vs. price of €8.18 (68.4% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 80% below the Interactive Media median (#382 of 429)

No single metric tells the full story. See the FRA:S3T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shutterstock Business Description

Other Exchanges SSTK:USA0A8F:UKS3T:Germany
Address 350 Fifth Avenue, 20th Floor, New York, NY, USA, 10118
Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include licenses for Images, Footage, Music, 3 Dimensional, and Generative AI content. Data, Distribution, and Service offerings address customer demand for products and services that are beyond its Content licenses. The company generates the majority of its revenue from Content offerings. Geographically the company generates the majority of its revenue from the Domestic market, but also has its presence in Europe and Rest of the Countries.
72GF Score

Get the complete analysis for FRA:S3T

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

€8.18
Price
€25.86
GF Value