PGS Software (LTS:0RK2) Days Payable: 924.77 (As of Sep. 2021) — 62% Above Median


What is PGS Software Days Payable?

PGS Software LTS:0RK2 4 Days Payable is 924.77 as of Sep. 2021, which is 62% above its 10-year median of 572.32. GuruFocus rates LTS:0RK2 with a GF Score™ of 4/100. The stock has 6 warning signs investors should review.

PGS Software's average Accounts Payable for the three months ended in Sep. 2021 was zł9.98 Mil. PGS Software's Cost of Goods Sold for the three months ended in Sep. 2021 was zł0.98 Mil. Hence, PGS Software's Days Payable for the three months ended in Sep. 2021 was 924.77.

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

LTS:0RK2' s Days Payable Range Over the Past 10 Years
Min: 499.65   Med: 572.32   Max: 778.98
Current: 852.95

During the past 13 years, PGS Software's highest Days Payable was 778.98. The lowest was 499.65. And the median was 572.32.

LTS:0RK2's Days Payable is not ranked
in the Software industry.
Industry Median: 53.675 vs LTS:0RK2: 852.95

PGS Software's Days Payable declined from Sep. 2020 (1,211.46) to Sep. 2021 (924.77). It may suggest that PGS Software accelerated paying its suppliers.


PGS Software Days Payable Historical Data

* Premium members only.

The historical data trend for PGS Software'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.

PGS Software Days Payable Chart

PGS Software Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 499.65 717.76 718.51 778.98 662.13

PGS Software Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 1,211.46 542.62 612.99 1,161.85 924.77

LTS:0RK2 vs CRM, INTU, NOW: Days Payable Comparison

For the Software - Application subindustry, PGS Software'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.


PGS Software Days Payable vs Software Industry

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

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



PGS Software 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.

PGS Software's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (7.303 + 1.887) / 2 ) / 2.533*365
=4.595 / 2.533*365
=662.13

PGS Software's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

Days Payable (Q: Sep. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2021 ) + Accounts Payable (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (9.223 + 10.742) / 2 ) / 0.985*365 / 4
=9.9825 / 0.985*365 / 4
=924.77

* 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 924.77 mean?
PGS Software (LTS:0RK2) has a Days Payable of 924.77 as of Sep. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PGS Software and its competitors. This is 62% above median its historical median of 572.32. Over the past decade, PGS Software's Days Payable has ranged from 499.65 to 778.98.
Is PGS Software's Days Payable too high?
PGS Software's current Days Payable of 924.77 is 62% above median its 10-year median of 572.32. Over the past 10 years, this metric has ranged from a low of 499.65 to a high of 778.98. The Software industry median Days Payable is 53.68. PGS Software's value of 924.77 is 1622.9% above this industry median. Overall, PGS Software has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PGS Software's Days Payable compare to CRM and INTU?
PGS Software's Days Payable of 924.77 can be compared against companies in the Software industry. The industry median Days Payable is 53.68. PGS Software's value of 924.77 is 1622.9% above this benchmark. Historically, PGS Software's own Days Payable has ranged from 499.65 to 778.98 over the past decade. While the company's 10-year median is 572.32 vs. the industry median of 53.68, PGS Software 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 53.68, based on 2,600 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. PGS Software's current Days Payable of 924.77 is 1622.9% 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 PGS Software and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PGS Software's current Days Payable is 924.77, which is 62% above median its own 10-year median of 572.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PGS Software stock overvalued right now?
PGS Software (LTS:0RK2) has a current Days Payable of 924.77. The current Days Payable is 924.77, which is 62% above median its 10-year median of 572.32 and 1622.9% above the Software industry median of 53.68. PGS Software's overall GF Score™ is 4/100 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 PGS Software (LTS:0RK2), the current Days Payable is 924.77 as of Sep. 2021. 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.

PGS Software Business Description

Address ul. Klecinska 123, Wroclaw, POL, 54-413
PGS Software SA provides software development and IT outsourcing services in Poland. It offers nearshore software outsourcing; mobile and web; application development; continuous delivery, quality analysis, and automation; and cloud services.