IIIV (i3 Verticals) Days Payable: 20.61 (As of Mar. 2026) — 30% Below Median

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IIIV i3 Verticals Inc IIIV
70 GF Score
Price $21.07
GF Value $22.52
Valuation Fairly Valued
! 4 Warning Signs
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What is i3 Verticals Days Payable?

i3 Verticals IIIV +0.31% 70 Days Payable is 20.61 as of Mar. 2026, which is 30% below its 10-year median of 29.33. GuruFocus rates IIIV with a GF Score™ of 70/100 and a GF Value™ of $22.52 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,610 Software companies, i3 Verticals ranks worse than 75.02% on this metric.

i3 Verticals's average Accounts Payable for the three months ended in Mar. 2026 was $3.9 Mil. i3 Verticals's Cost of Goods Sold for the three months ended in Mar. 2026 was $17.1 Mil. Hence, i3 Verticals's Days Payable for the three months ended in Mar. 2026 was 20.61.

The historical rank and industry rank for i3 Verticals's Days Payable or its related term are showing as below:

IIIV' s Days Payable Range Over the Past 10 Years
Min: 3   Med: 29.33   Max: 244.68
Current: 24.08

During the past 10 years, i3 Verticals's highest Days Payable was 244.68. The lowest was 3.00. And the median was 29.33.

IIIV's Days Payable is ranked worse than
75.02% of 2610 companies
in the Software industry
Industry Median: 52.78 vs IIIV: 24.08

i3 Verticals's Days Payable declined from Mar. 2025 (32.25) to Mar. 2026 (20.61). It may suggest that i3 Verticals accelerated paying its suppliers.


i3 Verticals Days Payable Historical Data

* Premium members only.

The historical data trend for i3 Verticals'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.

i3 Verticals Days Payable Chart

i3 Verticals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.03 244.68 52.31 33.94 30.52

i3 Verticals 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 32.25 24.04 27.70 26.88 20.61

IIIV vs IMXI, CINT, LSAK: Days Payable Comparison

For the Software - Infrastructure subindustry, i3 Verticals'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.


i3 Verticals Days Payable vs Software Industry

For the Software industry and Technology sector, i3 Verticals's Days Payable distribution charts can be found below:

* The bar in red indicates where i3 Verticals's Days Payable falls into.


IIIV
70GF Score
i3 Verticals Inc IIIV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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i3 Verticals 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.

i3 Verticals's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (4.886 + 6.248) / 2 ) / 66.587*365
=5.567 / 66.587*365
=30.52

i3 Verticals'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
=( (4.112 + 3.63) / 2 ) / 17.138*365 / 4
=3.871 / 17.138*365 / 4
=20.61

* 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 20.61 mean?
i3 Verticals (IIIV) has a Days Payable of 20.61 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 i3 Verticals and its competitors. This is 30% below median its historical median of 29.33. Over the past decade, i3 Verticals' Days Payable has ranged from 3.00 to 244.68. According to the industry distribution chart, i3 Verticals ranks #1958 out of 2610 companies in the Software industry, placing it in the top 75%.
Is i3 Verticals' Days Payable too high?
i3 Verticals' current Days Payable of 20.61 is 30% below median its 10-year median of 29.33. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 244.68. The Software industry median Days Payable is 52.78. i3 Verticals' value of 20.61 is 61% below this industry median. Based on the distribution chart, i3 Verticals ranks #1958 out of 2610 companies in the Software industry, which is below the industry midpoint. Overall, i3 Verticals has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does i3 Verticals' Days Payable compare to IMXI and CINT?
According to the Software industry distribution chart, i3 Verticals ranks #1958 out of 2610 companies for Days Payable. This places i3 Verticals in the lower half of its industry. The industry median Days Payable is 52.78. i3 Verticals' value of 20.61 is 61% below this benchmark. Historically, i3 Verticals' own Days Payable has ranged from 3.00 to 244.68 over the past decade. While the company's 10-year median is 29.33 vs. the industry median of 52.78, i3 Verticals 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 52.78, based on 2,610 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. i3 Verticals's current Days Payable of 20.61 is 61% 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 i3 Verticals and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. i3 Verticals's current Days Payable is 20.61, which is 30% below median its own 10-year median of 29.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is i3 Verticals stock overvalued right now?
Based on GuruFocus' analysis, i3 Verticals (IIIV) is currently considered Fairly Valued. The stock's GF Value™ is $22.52, compared to a current price of $21.07 — trading 6.4% below its estimated fair value. The current Days Payable is 20.61, which is 30% below median its 10-year median of 29.33 and 61% below the Software industry median of 52.78. i3 Verticals' overall GF Score™ is 70/100 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 i3 Verticals (IIIV), the current Days Payable is 20.61 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 i3 Verticals (IIIV) Overvalued in 2026?

Based on GuruFocus' analysis, i3 Verticals stock appears to be undervalued. The current stock price of $21.07 is trading 6.4% below its estimated GF Value™ of $22.52. GuruFocus considers i3 Verticals to be Fairly Valued.

Key valuation signals for IIIV:

  • Days Payable: 20.61 (30% below median its 10-year median of 29.33)
  • GF Value™: $22.52 vs. price of $21.07 (6.4% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 61% below the Software median (#1958 of 2610)

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


i3 Verticals Business Description

Other Exchanges V1K:Germany
Address 40 Burton Hills Boulevard, Suite 415, Nashville, TN, USA, 37215
i3 Verticals Inc provides mission-critical enterprise software solutions to public sector entities. These comprehensive cloud-native solutions address a broad range of government functions, including courts and public safety, public administration, utilities, transportation and schools. The company generates the majority of revenue from software and related services, including the sale of subscriptions, recurring services, ongoing support, licenses, and installation and implementation services specific to software.
70GF Score

Get the complete analysis for IIIV

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

$21.07
Price
$22.52
GF Value