Credo Technology Group Holding (MEX:CRDON) Days Payable: 65.77 (As of Apr. 2026) — 22% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:CRDON Credo Technology Group Holding Ltd MEX:CRDON
80 GF Score
Price MXN3,675.01
GF Value MXN3,776.76
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Credo Technology Group Holding Days Payable?

Credo Technology Group Holding MEX:CRDON -10.80% 80 Days Payable is 65.77 as of Apr. 2026, which is 22% above its 10-year median of 54.00. GuruFocus rates MEX:CRDON with a GF Score™ of 80/100 and a GF Value™ of MXN3,776.76 (Fairly Valued). The stock has 3 warning signs investors should review. Among 998 Semiconductors companies, Credo Technology Group Holding ranks better than 62.32% on this metric.

Credo Technology Group Holding's average Accounts Payable for the three months ended in Apr. 2026 was MXN1,754 Mil. Credo Technology Group Holding's Cost of Goods Sold for the three months ended in Apr. 2026 was MXN2,434 Mil. Hence, Credo Technology Group Holding's Days Payable for the three months ended in Apr. 2026 was 65.77.

The historical rank and industry rank for Credo Technology Group Holding's Days Payable or its related term are showing as below:

MEX:CRDON' s Days Payable Range Over the Past 10 Years
Min: 34.05   Med: 54   Max: 115.8
Current: 64.37

During the past 7 years, Credo Technology Group Holding's highest Days Payable was 115.80. The lowest was 34.05. And the median was 54.00.

MEX:CRDON's Days Payable is ranked better than
62.32% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs MEX:CRDON: 64.37

Credo Technology Group Holding's Days Payable declined from Apr. 2025 (77.55) to Apr. 2026 (65.77). It may suggest that Credo Technology Group Holding accelerated paying its suppliers.


Credo Technology Group Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Credo Technology Group Holding'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.

Credo Technology Group Holding Days Payable Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Days Payable
Get a 7-Day Free Trial 51.76 36.67 49.17 80.47 72.76

Credo Technology Group Holding Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 77.55 71.18 62.81 57.80 65.77

MEX:CRDON vs MCHP, CBRS, ON: Days Payable Comparison

For the Semiconductors subindustry, Credo Technology Group Holding'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.


Credo Technology Group Holding Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Credo Technology Group Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Credo Technology Group Holding's Days Payable falls into.


MEX:CRDON
80GF Score
Credo Technology Group Holding Ltd MEX:CRDON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credo Technology Group Holding 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.

Credo Technology Group Holding's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as

Days Payable (A: Apr. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2025 ) + Accounts Payable (A: Apr. 2026 )) / count ) / Cost of Goods Sold (A: Apr. 2026 )*Days in Period
=( (1100.214 + 1880.266) / 2 ) / 7475.293*365
=1490.24 / 7475.293*365
=72.76

Credo Technology Group Holding's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (1627.746 + 1880.266) / 2 ) / 2433.617*365 / 4
=1754.006 / 2433.617*365 / 4
=65.77

* 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 65.77 mean?
Credo Technology Group Holding (MEX:CRDON) has a Days Payable of 65.77 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Credo Technology Group Holding and its competitors. This is 22% above median its historical median of 54.00. Over the past decade, Credo Technology Group Holding's Days Payable has ranged from 34.05 to 115.80. According to the industry distribution chart, Credo Technology Group Holding ranks #376 out of 998 companies in the Semiconductors industry, placing it in the top 37.7%.
Is Credo Technology Group Holding's Days Payable too high?
Credo Technology Group Holding's current Days Payable of 65.77 is 22% above median its 10-year median of 54.00. Over the past 10 years, this metric has ranged from a low of 34.05 to a high of 115.80. The Semiconductors industry median Days Payable is 52.98. Credo Technology Group Holding's value of 65.77 is 24.1% above this industry median. Based on the distribution chart, Credo Technology Group Holding ranks #376 out of 998 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Credo Technology Group Holding has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Credo Technology Group Holding's Days Payable compare to MCHP and CBRS?
According to the Semiconductors industry distribution chart, Credo Technology Group Holding ranks #376 out of 998 companies for Days Payable. This puts Credo Technology Group Holding in the upper half of its industry. The industry median Days Payable is 52.98. Credo Technology Group Holding's value of 65.77 is 24.1% above this benchmark. Historically, Credo Technology Group Holding's own Days Payable has ranged from 34.05 to 115.80 over the past decade. While the company's 10-year median is 54.00 vs. the industry median of 52.98, Credo Technology Group Holding 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 998 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. Credo Technology Group Holding's current Days Payable of 65.77 is 24.1% 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 Credo Technology Group Holding and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credo Technology Group Holding's current Days Payable is 65.77, which is 22% above median its own 10-year median of 54.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credo Technology Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Credo Technology Group Holding (MEX:CRDON) is currently considered Fairly Valued. The stock's GF Value™ is MXN3,776.76, compared to a current price of MXN3,675.01 — trading 2.7% below its estimated fair value. The current Days Payable is 65.77, which is 22% above median its 10-year median of 54.00 and 24.1% above the Semiconductors industry median of 52.98. Credo Technology Group Holding's overall GF Score™ is 80/100 with 3 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 Credo Technology Group Holding (MEX:CRDON), the current Days Payable is 65.77 as of Apr. 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 Credo Technology Group Holding (MEX:CRDON) Overvalued in 2026?

Based on GuruFocus' analysis, Credo Technology Group Holding stock appears to be undervalued. The current stock price of MXN3,675.01 is trading 2.7% below its estimated GF Value™ of MXN3,776.76. GuruFocus considers Credo Technology Group Holding to be Fairly Valued.

Key valuation signals for MEX:CRDON:

  • Days Payable: 65.77 (22% above median its 10-year median of 54.00)
  • GF Value™: MXN3,776.76 vs. price of MXN3,675.01 (2.7% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 24.1% above the Semiconductors median (#376 of 998)

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


Credo Technology Group Holding Business Description

Other Exchanges CRDO:USA
Address c/o Maples Corporate Services, Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.
80GF Score

Get the complete analysis for MEX:CRDON

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

MXN3,675.01
Price
MXN3,776.76
GF Value