The Descartes Systems Group (MEX:DSG N) Days Payable: 41.15 (As of Apr. 2026) — 24% Above Median


MEX:DSG N The Descartes Systems Group Inc MEX:DSG N
85 GF Score
Price MXN1,264.95
GF Value MXN2,129.50
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What is The Descartes Systems Group Days Payable?

The Descartes Systems Group MEX:DSG N 85 Days Payable is 41.15 as of Apr. 2026, which is 24% above its 10-year median of 33.17. GuruFocus rates MEX:DSG N with a GF Score™ of 85/100 and a GF Value™ of MXN2,129.50. Among 2,602 Software companies, The Descartes Systems Group ranks worse than 59.49% on this metric.

The Descartes Systems Group's average Accounts Payable for the three months ended in Apr. 2026 was MXN343 Mil. The Descartes Systems Group's Cost of Goods Sold for the three months ended in Apr. 2026 was MXN761 Mil. Hence, The Descartes Systems Group's Days Payable for the three months ended in Apr. 2026 was 41.15.

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

MEX:DSG N' s Days Payable Range Over the Past 10 Years
Min: 27.46   Med: 33.17   Max: 46.35
Current: 40.56

During the past 13 years, The Descartes Systems Group's highest Days Payable was 46.35. The lowest was 27.46. And the median was 33.17.

MEX:DSG N's Days Payable is ranked worse than
59.49% of 2602 companies
in the Software industry
Industry Median: 53.825 vs MEX:DSG N: 40.56

The Descartes Systems Group's Days Payable declined from Apr. 2025 (51.54) to Apr. 2026 (41.15). It may suggest that The Descartes Systems Group accelerated paying its suppliers.


The Descartes Systems Group Days Payable Historical Data

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The historical data trend for The Descartes Systems Group'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.

The Descartes Systems Group Days Payable Chart

The Descartes Systems Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.94 35.70 38.34 40.52 49.60

The Descartes Systems Group 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 51.54 44.17 34.67 39.96 41.15

MEX:DSG N vs CRM, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, The Descartes Systems Group'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.


The Descartes Systems Group Days Payable vs Software Industry

For the Software industry and Technology sector, The Descartes Systems Group's Days Payable distribution charts can be found below:

* The bar in red indicates where The Descartes Systems Group's Days Payable falls into.


MEX:DSG N
85GF Score
The Descartes Systems Group Inc MEX:DSG N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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The Descartes Systems Group 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.

The Descartes Systems Group's Days Payable for the fiscal year that ended in Jan. 2026 is calculated as

Days Payable (A: Jan. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2025 ) + Accounts Payable (A: Jan. 2026 )) / count ) / Cost of Goods Sold (A: Jan. 2026 )*Days in Period
=( (425.989 + 361.768) / 2 ) / 2898.461*365
=393.8785 / 2898.461*365
=49.60

The Descartes Systems Group'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
=( (361.768 + 324.626) / 2 ) / 761.005*365 / 4
=343.197 / 761.005*365 / 4
=41.15

* 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 41.15 mean?
The Descartes Systems Group (MEX:DSG N) has a Days Payable of 41.15 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 The Descartes Systems Group and its competitors. This is 24% above median its historical median of 33.17. Over the past decade, The Descartes Systems Group's Days Payable has ranged from 27.46 to 46.35. According to the industry distribution chart, The Descartes Systems Group ranks #1548 out of 2602 companies in the Software industry, placing it in the top 59.5%.
Is The Descartes Systems Group's Days Payable too high?
The Descartes Systems Group's current Days Payable of 41.15 is 24% above median its 10-year median of 33.17. Over the past 10 years, this metric has ranged from a low of 27.46 to a high of 46.35. The Software industry median Days Payable is 53.83. The Descartes Systems Group's value of 41.15 is 23.5% below this industry median. Based on the distribution chart, The Descartes Systems Group ranks #1548 out of 2602 companies in the Software industry, which is below the industry midpoint. Overall, The Descartes Systems Group has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, The Descartes Systems Group ranks #1548 out of 2602 companies for Days Payable. This places The Descartes Systems Group in the lower half of its industry. The industry median Days Payable is 53.83. The Descartes Systems Group's value of 41.15 is 23.5% below this benchmark. Historically, The Descartes Systems Group's own Days Payable has ranged from 27.46 to 46.35 over the past decade. While the company's 10-year median is 33.17 vs. the industry median of 53.83, The Descartes Systems Group 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. The Descartes Systems Group's current Days Payable of 41.15 is 23.5% 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 The Descartes Systems Group 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. The Descartes Systems Group's current Days Payable is 41.15, which is 24% above median its own 10-year median of 33.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
The Descartes Systems Group (MEX:DSG N) has a current Days Payable of 41.15. The stock's GF Value™ is MXN2,129.50, compared to a current price of MXN1,264.95 — trading 40.6% below its estimated fair value. The current Days Payable is 41.15, which is 24% above median its 10-year median of 33.17 and 23.5% below the Software industry median of 53.83. The Descartes Systems Group's overall GF Score™ is 85/100. 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 The Descartes Systems Group (MEX:DSG N), the current Days Payable is 41.15 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 The Descartes Systems Group (MEX:DSG N) Overvalued in 2026?

Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued. The current stock price of MXN1,264.95 is trading 40.6% below its estimated GF Value™ of MXN2,129.50.

Key valuation signals for MEX:DSG N:

  • Days Payable: 41.15 (24% above median its 10-year median of 33.17)
  • GF Value™: MXN2,129.50 vs. price of MXN1,264.95 (40.6% below fair value)
  • GF Score™: 85/100
  • Industry Position: 23.5% below the Software median (#1548 of 2602)

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


The Descartes Systems Group Business Description

Address 120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
85GF Score

Get the complete analysis for MEX:DSG N

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

MXN1,264.95
Price
MXN2,129.50
GF Value