Elastic NVMEX:ESTCN 72 Days Payable is 15.45 as of Apr. 2026, which is 31% below its 10-year median of 22.47. GuruFocus rates MEX:ESTCN with a GF Score™ of 72/100 and a GF Value™ of MXN1,970.78 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,604 Software companies, Elastic NV ranks worse than 79.65% on this metric.
Elastic NV's average Accounts Payable for the
three
months ended in Apr. 2026 was MXN329 Mil. Elastic NV's Cost of Goods Sold for the
three
months ended in Apr. 2026 was MXN1,945 Mil.
Hence, Elastic NV's Days Payable for the
three
months ended in Apr. 2026 was 15.45.
The historical rank and industry rank for Elastic NV's Days Payable or its related term are showing as below:
MEX:ESTCN'
s Days Payable Range Over the Past 10 Years
Min: 11.3 Med: 22.47 Max: 39.1
Current: 20.83
During the past 10 years, Elastic NV's highest Days Payable was 39.10. The lowest was 11.30. And the median was 22.47.
MEX:ESTCN's Days Payable is ranked worse than 79.65% of 2604
companies
in the Software industry
Industry Median: 53.955
vs MEX:ESTCN: 20.83
Elastic NV's Days Payable
increased
from Apr. 2025 (12.48) to Apr. 2026 (15.45).
It may suggest that Elastic NVdelayed paying its suppliers.
Elastic NV Days Payable Related Terms
Elastic NV Days Payable Historical Data
* Premium members only.
The historical data trend for Elastic NV'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.
MEX:ESTCN vs TTAN, IDCC, PAYC: Days Payable Comparison
For the Software - Application subindustry, Elastic NV'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.
Elastic NV Days Payable vs Software Industry
For the Software industry and Technology sector, Elastic NV's Days Payable distribution charts can be found below:
* The bar in red indicates where Elastic NV'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.
Elastic NV's Days Payable for the fiscal year that ended in Apr. 2026 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.
Elastic NV (MEX:ESTCN) has a Days Payable of 15.45 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 Elastic NV and its competitors. This is 31% below median its historical median of 22.47. Over the past decade, Elastic NV's Days Payable has ranged from 11.30 to 39.10. According to the industry distribution chart, Elastic NV ranks #2074 out of 2604 companies in the Software industry, placing it in the top 79.6%.
Is Elastic NV's Days Payable too high?
Elastic NV's current Days Payable of 15.45 is 31% below median its 10-year median of 22.47. Over the past 10 years, this metric has ranged from a low of 11.30 to a high of 39.10. The Software industry median Days Payable is 53.96. Elastic NV's value of 15.45 is 71.4% below this industry median. Based on the distribution chart, Elastic NV ranks #2074 out of 2604 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Elastic NV has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elastic NV's Days Payable compare to TTAN and IDCC?
According to the Software industry distribution chart, Elastic NV ranks #2074 out of 2604 companies for Days Payable. This places Elastic NV in the lower half of its industry. The industry median Days Payable is 53.96. Elastic NV's value of 15.45 is 71.4% below this benchmark. Historically, Elastic NV's own Days Payable has ranged from 11.30 to 39.10 over the past decade. While the company's 10-year median is 22.47 vs. the industry median of 53.96, Elastic NV 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 53.96, based on 2,604 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. Elastic NV's current Days Payable of 15.45 is 71.4% 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 Elastic NV and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elastic NV's current Days Payable is 15.45, which is 31% below median its own 10-year median of 22.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elastic NV stock overvalued right now?
Based on GuruFocus' analysis, Elastic NV (MEX:ESTCN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,970.78, compared to a current price of MXN1,021.21 — trading 48.2% below its estimated fair value. The current Days Payable is 15.45, which is 31% below median its 10-year median of 22.47 and 71.4% below the Software industry median of 53.96. Elastic NV's overall GF Score™ is 72/100 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 Elastic NV (MEX:ESTCN), the current Days Payable is 15.45 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 Elastic NV (MEX:ESTCN) Overvalued in 2026?
Based on GuruFocus' analysis, Elastic NV stock appears to be undervalued.
The current stock price of MXN1,021.21 is trading 48.2% below its estimated GF Value™ of MXN1,970.78.
GuruFocus considers Elastic NV to be Significantly Undervalued.
Key valuation signals for MEX:ESTCN:
Days Payable: 15.45 (31% below median its 10-year median of 22.47)
GF Value™: MXN1,970.78 vs. price of MXN1,021.21 (48.2% below fair value)
Industry Position: 71.4% below the Software median (#2074 of 2604)
No single metric tells the full story. See the MEX:ESTCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.
72GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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