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LatchLTCHW 30 Days Payable is 64.90 as of Jun. 2026, which is 20% above its 10-year median of 54.29. GuruFocus rates LTCHW with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 2,599 Software companies, Latch ranks better than 87.3% on this metric.
Latch's average Accounts Payable for the
three
months ended in Jun. 2026 was $5.66 Mil. Latch's Cost of Goods Sold for the
three
months ended in Jun. 2026 was $7.96 Mil.
Hence, Latch's Days Payable for the
three
months ended in Jun. 2026 was 64.90.
The historical rank and industry rank for Latch's Days Payable or its related term are showing as below:
LTCHW'
s Days Payable Range Over the Past 10 Years
Min: 41.28 Med: 54.29 Max: 259.62
Current: 259.62
During the past 3 years, Latch's highest Days Payable was 259.62. The lowest was 41.28. And the median was 54.29.
LTCHW's Days Payable is ranked better than 87.3% of 2599
companies
in the Software industry
Industry Median: 51.56
vs LTCHW: 259.62
Latch's Days Payable
increased
from Sep. 2021 (42.31) to Jun. 2026 (64.90).
It may suggest that Latchdelayed paying its suppliers.
The historical data trend for Latch'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.
LTCHW vs CNTM, AWRE, RPGL: Days Payable Comparison
For the Software - Application subindustry, Latch'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.
Latch Days Payable vs Software Industry
For the Software industry and Technology sector, Latch's Days Payable distribution charts can be found below:
* The bar in red indicates where Latch'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.
Latch's Days Payable for the fiscal year that ended in Dec. 2021 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.
Latch (LTCHW) has a Days Payable of 64.90 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Latch and its competitors. This is 20% above median its historical median of 54.29. Over the past decade, Latch's Days Payable has ranged from 41.28 to 259.62. According to the industry distribution chart, Latch ranks #330 out of 2599 companies in the Software industry, placing it in the top 12.7%.
Is Latch's Days Payable too high?
Latch's current Days Payable of 64.90 is 20% above median its 10-year median of 54.29. Over the past 10 years, this metric has ranged from a low of 41.28 to a high of 259.62. The Software industry median Days Payable is 51.56. Latch's value of 64.90 is 25.9% above this industry median. Based on the distribution chart, Latch ranks #330 out of 2599 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Latch has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Latch's Days Payable compare to CNTM and AWRE?
According to the Software industry distribution chart, Latch ranks #330 out of 2599 companies for Days Payable. This places Latch in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.56. Latch's value of 64.90 is 25.9% above this benchmark. Historically, Latch's own Days Payable has ranged from 41.28 to 259.62 over the past decade. While the company's 10-year median is 54.29 vs. the industry median of 51.56, Latch has consistently been above 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 51.56, based on 2,599 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. Latch's current Days Payable of 64.90 is 25.9% above 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 Latch and its competitors. For the Software industry, the median Days Payable is 51.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latch's current Days Payable is 64.90, which is 20% above median its own 10-year median of 54.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latch stock overvalued right now?
Latch (LTCHW) has a current Days Payable of 64.90. The current Days Payable is 64.90, which is 20% above median its 10-year median of 54.29 and 25.9% above the Software industry median of 51.56. Latch's overall GF Score™ is 30/100 with 6 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 Latch (LTCHW), the current Days Payable is 64.90 as of Jun. 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.
Latch Inc is a technology company delivering an integrated ecosystem of hardware, software and services designed to enhance operations and experiences within buildings, serving the multifamily rental market. Its core offering is built around a proprietary, cloud-based software-as-a-service (SaaS) platform (the DOOR Platform) that powers and manages the suite of smart access control devices (including locks, readers and intercoms) and smart home devices and integrates with other connected devices within a building. The company generates the majority of revenue revenue through the license of its SaaS over the cloud-based platform on a subscription-based arrangement. Geographically, the company operates in single segment being USA.
30GF Score
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