Micro Systemation AB (FRA:W98) Days Payable: 14.84 (As of Mar. 2026) — 37% Above Median


FRA:W98 Micro Systemation AB FRA:W98
70 GF Score
Price €6.28
GF Value €5.87
Valuation Fairly Valued
! 5 Warning Signs
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What is Micro Systemation AB Days Payable?

Micro Systemation AB FRA:W98 +0.64% 70 Days Payable is 14.84 as of Mar. 2026, which is 37% above its 10-year median of 10.85. GuruFocus rates FRA:W98 with a GF Score™ of 70/100 and a GF Value™ of €5.87 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,602 Software companies, Micro Systemation AB ranks worse than 90.32% on this metric.

Micro Systemation AB's average Accounts Payable for the three months ended in Mar. 2026 was €1.19 Mil. Micro Systemation AB's Cost of Goods Sold for the three months ended in Mar. 2026 was €7.33 Mil. Hence, Micro Systemation AB's Days Payable for the three months ended in Mar. 2026 was 14.84.

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

FRA:W98' s Days Payable Range Over the Past 10 Years
Min: 6.9   Med: 10.85   Max: 16.3
Current: 10.97

During the past 13 years, Micro Systemation AB's highest Days Payable was 16.30. The lowest was 6.90. And the median was 10.85.

FRA:W98's Days Payable is ranked worse than
90.32% of 2602 companies
in the Software industry
Industry Median: 53.825 vs FRA:W98: 10.97

Micro Systemation AB's Days Payable increased from Mar. 2025 (10.14) to Mar. 2026 (14.84). It may suggest that Micro Systemation AB delayed paying its suppliers.


Micro Systemation AB Days Payable Historical Data

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The historical data trend for Micro Systemation 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.

Micro Systemation AB Days Payable Chart

Micro Systemation AB 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 13.81 16.84 12.31 10.63 10.87

Micro Systemation 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 10.14 9.31 7.92 8.68 14.84

FRA:W98 vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Micro Systemation 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.


Micro Systemation AB Days Payable vs Software Industry

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

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


FRA:W98
70GF Score
Micro Systemation AB FRA:W98
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Micro Systemation 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.

Micro Systemation 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
=( (0.726 + 0.872) / 2 ) / 26.832*365
=0.799 / 26.832*365
=10.87

Micro Systemation 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
=( (0.872 + 1.513) / 2 ) / 7.334*365 / 4
=1.1925 / 7.334*365 / 4
=14.84

* 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 14.84 mean?
Micro Systemation AB (FRA:W98) has a Days Payable of 14.84 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 Micro Systemation AB and its competitors. This is 37% above median its historical median of 10.85. Over the past decade, Micro Systemation AB's Days Payable has ranged from 6.90 to 16.30. According to the industry distribution chart, Micro Systemation AB ranks #2350 out of 2602 companies in the Software industry, placing it in the top 90.3%.
Is Micro Systemation AB's Days Payable too high?
Micro Systemation AB's current Days Payable of 14.84 is 37% above median its 10-year median of 10.85. Over the past 10 years, this metric has ranged from a low of 6.90 to a high of 16.30. The Software industry median Days Payable is 53.83. Micro Systemation AB's value of 14.84 is 72.4% below this industry median. Based on the distribution chart, Micro Systemation AB ranks #2350 out of 2602 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Micro Systemation AB has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Micro Systemation AB's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Micro Systemation AB ranks #2350 out of 2602 companies for Days Payable. This places Micro Systemation AB in the lower half of its industry. The industry median Days Payable is 53.83. Micro Systemation AB's value of 14.84 is 72.4% below this benchmark. Historically, Micro Systemation AB's own Days Payable has ranged from 6.90 to 16.30 over the past decade. While the company's 10-year median is 10.85 vs. the industry median of 53.83, Micro Systemation 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. Micro Systemation AB's current Days Payable of 14.84 is 72.4% 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 Micro Systemation 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. Micro Systemation AB's current Days Payable is 14.84, which is 37% above median its own 10-year median of 10.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro Systemation AB stock overvalued right now?
Based on GuruFocus' analysis, Micro Systemation AB (FRA:W98) is currently considered Fairly Valued. The stock's GF Value™ is €5.87, compared to a current price of €6.28 — trading 7% above its estimated fair value. The current Days Payable is 14.84, which is 37% above median its 10-year median of 10.85 and 72.4% below the Software industry median of 53.83. Micro Systemation AB's overall GF Score™ is 70/100 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 Micro Systemation AB (FRA:W98), the current Days Payable is 14.84 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 Micro Systemation AB (FRA:W98) Overvalued in 2026?

Based on GuruFocus' analysis, Micro Systemation AB stock appears to be overvalued. The current stock price of €6.28 is trading 7% above its estimated GF Value™ of €5.87. GuruFocus considers Micro Systemation AB to be Fairly Valued.

Key valuation signals for FRA:W98:

  • Days Payable: 14.84 (37% above median its 10-year median of 10.85)
  • GF Value™: €5.87 vs. price of €6.28 (7% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 72.4% below the Software median (#2350 of 2602)

No single metric tells the full story. See the FRA:W98 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro Systemation AB Business Description

Other Exchanges MSAB B:Sweden0FBM:UK
Address Sveavagen 56E, Stockholm, SWE, 117 34
Micro Systemation AB is engaged in product development, production, and sales of solutions within the area of mobile digital forensics. It provides software products to extract, analyse, and present data from digital devices, predominantly mobile phones. The Group has three main product families: XRY, XAMN, and XEC. The products are used mainly by police, military, and intelligence agencies and are effective tools for securing evidence. The majority of the Group's sales are generated in the European market, with the United Kingdom being a substantial contributor; the rest comes from North America and other regions.
70GF Score

Get the complete analysis for FRA:W98

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

€6.28
Price
€5.87
GF Value