Intershop Communications AG (HAM:ISHA) Days Payable: 46.15 (As of Mar. 2026) — 53% Above Median


HAM:ISHA Intershop Communications AG HAM:ISHA
54 GF Score
Price €1.48
GF Value €1.17
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Intershop Communications AG Days Payable?

Intershop Communications AG HAM:ISHA 54 Days Payable is 46.15 as of Mar. 2026, which is 53% above its 10-year median of 30.23. GuruFocus rates HAM:ISHA with a GF Score™ of 54/100 and a GF Value™ of €1.17 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,602 Software companies, Intershop Communications AG ranks worse than 59.61% on this metric.

Intershop Communications AG's average Accounts Payable for the three months ended in Mar. 2026 was €2.06 Mil. Intershop Communications AG's Cost of Goods Sold for the three months ended in Mar. 2026 was €4.07 Mil. Hence, Intershop Communications AG's Days Payable for the three months ended in Mar. 2026 was 46.15.

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

HAM:ISHA' s Days Payable Range Over the Past 10 Years
Min: 28.24   Med: 30.23   Max: 46.61
Current: 40.25

During the past 13 years, Intershop Communications AG's highest Days Payable was 46.61. The lowest was 28.24. And the median was 30.23.

HAM:ISHA's Days Payable is ranked worse than
59.61% of 2602 companies
in the Software industry
Industry Median: 53.825 vs HAM:ISHA: 40.25

Intershop Communications AG's Days Payable increased from Mar. 2025 (40.72) to Mar. 2026 (46.15). It may suggest that Intershop Communications AG delayed paying its suppliers.


Intershop Communications AG Days Payable Historical Data

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The historical data trend for Intershop Communications AG'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.

Intershop Communications AG Days Payable Chart

Intershop Communications AG 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 30.54 28.62 29.91 38.49 46.61

Intershop Communications AG 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 40.72 34.30 45.67 40.06 46.15

HAM:ISHA vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Intershop Communications AG'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.


Intershop Communications AG Days Payable vs Software Industry

For the Software industry and Technology sector, Intershop Communications AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Intershop Communications AG's Days Payable falls into.


HAM:ISHA
54GF Score
Intershop Communications AG HAM:ISHA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Intershop Communications AG 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.

Intershop Communications AG'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
=( (2.484 + 2.245) / 2 ) / 18.516*365
=2.3645 / 18.516*365
=46.61

Intershop Communications AG'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
=( (2.245 + 1.867) / 2 ) / 4.065*365 / 4
=2.056 / 4.065*365 / 4
=46.15

* 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 46.15 mean?
Intershop Communications AG (HAM:ISHA) has a Days Payable of 46.15 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 Intershop Communications AG and its competitors. This is 53% above median its historical median of 30.23. Over the past decade, Intershop Communications AG's Days Payable has ranged from 28.24 to 46.61. According to the industry distribution chart, Intershop Communications AG ranks #1551 out of 2602 companies in the Software industry, placing it in the top 59.6%.
Is Intershop Communications AG's Days Payable too high?
Intershop Communications AG's current Days Payable of 46.15 is 53% above median its 10-year median of 30.23. Over the past 10 years, this metric has ranged from a low of 28.24 to a high of 46.61. The Software industry median Days Payable is 53.83. Intershop Communications AG's value of 46.15 is 14.3% below this industry median. Based on the distribution chart, Intershop Communications AG ranks #1551 out of 2602 companies in the Software industry, which is below the industry midpoint. Overall, Intershop Communications AG has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Intershop Communications AG's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Intershop Communications AG ranks #1551 out of 2602 companies for Days Payable. This places Intershop Communications AG in the lower half of its industry. The industry median Days Payable is 53.83. Intershop Communications AG's value of 46.15 is 14.3% below this benchmark. Historically, Intershop Communications AG's own Days Payable has ranged from 28.24 to 46.61 over the past decade. While the company's 10-year median is 30.23 vs. the industry median of 53.83, Intershop Communications AG 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. Intershop Communications AG's current Days Payable of 46.15 is 14.3% 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 Intershop Communications AG 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. Intershop Communications AG's current Days Payable is 46.15, which is 53% above median its own 10-year median of 30.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intershop Communications AG stock overvalued right now?
Based on GuruFocus' analysis, Intershop Communications AG (HAM:ISHA) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.17, compared to a current price of €1.48 — trading 26.1% above its estimated fair value. The current Days Payable is 46.15, which is 53% above median its 10-year median of 30.23 and 14.3% below the Software industry median of 53.83. Intershop Communications AG's overall GF Score™ is 54/100 with 7 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 Intershop Communications AG (HAM:ISHA), the current Days Payable is 46.15 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 Intershop Communications AG (HAM:ISHA) Overvalued in 2026?

Based on GuruFocus' analysis, Intershop Communications AG stock appears to be overvalued. The current stock price of €1.48 is trading 26.1% above its estimated GF Value™ of €1.17. GuruFocus considers Intershop Communications AG to be Modestly Overvalued.

Key valuation signals for HAM:ISHA:

  • Days Payable: 46.15 (53% above median its 10-year median of 30.23)
  • GF Value™: €1.17 vs. price of €1.48 (26.1% above fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 14.3% below the Software median (#1551 of 2602)

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


Intershop Communications AG Business Description

Other Exchanges ISHA:Germany
Address Steinweg 10, Jena, DEU, 07743
Intershop Communications AG is an independent supplier of high-performance cloud e-commerce software. The company's Agentic B2B Commerce platform caters to manufacturing, wholesale, and network organization sectors. Intershop's solutions help its clients with digitizing and automating their sales and service processes, optimizing their online presence, creating a consistently positive customer experience, sustainably increasing online revenues, and reducing the costs of the e-commerce unit through AI-supported automation. The company's business activities are divided into two main business segments: Software and Cloud, which generate maximum revenue, and Service. Its geographical operating segments are: Europe, which derives maximum revenue, the USA, and the Asia-Pacific.
54GF Score

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

€1.48
Price
€1.17
GF Value