International Business Machines (MEX:IBM) Days Payable: 57.55 (As of Mar. 2026) — Near Median


MEX:IBM International Business Machines Corp MEX:IBM
68 GF Score
Price MXN4,726.00
GF Value MXN4,156.89
Valuation Modestly Overvalued
! 1 Warning Sign
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What is International Business Machines Days Payable?

International Business Machines MEX:IBM +2.74% 68 Days Payable is 57.55 as of Mar. 2026, which is 4% above its 10-year median of 55.22. GuruFocus rates MEX:IBM with a GF Score™ of 68/100 and a GF Value™ of MXN4,156.89 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,601 Software companies, International Business Machines ranks worse than 51.71% on this metric.

International Business Machines's average Accounts Payable for the three months ended in Mar. 2026 was MXN79,235 Mil. International Business Machines's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN125,634 Mil. Hence, International Business Machines's Days Payable for the three months ended in Mar. 2026 was 57.55.

The historical rank and industry rank for International Business Machines's Days Payable or its related term are showing as below:

MEX:IBM' s Days Payable Range Over the Past 10 Years
Min: 51.44   Med: 55.22   Max: 79.84
Current: 51.44

During the past 13 years, International Business Machines's highest Days Payable was 79.84. The lowest was 51.44. And the median was 55.22.

MEX:IBM's Days Payable is ranked worse than
51.71% of 2601 companies
in the Software industry
Industry Median: 54.04 vs MEX:IBM: 51.44

International Business Machines's Days Payable increased from Mar. 2025 (53.93) to Mar. 2026 (57.55). It may suggest that International Business Machines delayed paying its suppliers.


International Business Machines Days Payable Related Terms


International Business Machines Days Payable Historical Data

* Premium members only.

The historical data trend for International Business Machines'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.

International Business Machines Days Payable Chart

International Business Machines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.50 53.83 58.17 49.61 60.92

International Business Machines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 53.93 51.29 52.01 51.13 57.55

MEX:IBM vs ACN, FISV, CTSH: Days Payable Comparison

For the Information Technology Services subindustry, International Business Machines'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.


International Business Machines Days Payable vs Software Industry

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

* The bar in red indicates where International Business Machines's Days Payable falls into.


MEX:IBM
68GF Score
International Business Machines Corp MEX:IBM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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International Business Machines 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.

International Business Machines's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (84090.182 + 85635.109) / 2 ) / 508462.963*365
=84862.6455 / 508462.963*365
=60.92

International Business Machines's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (85635.109 + 72834.075) / 2 ) / 125633.821*365 / 4
=79234.592 / 125633.821*365 / 4
=57.55

* 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 57.55 mean?
International Business Machines (MEX:IBM) has a Days Payable of 57.55 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on International Business Machines and its competitors. This is near median its historical median of 55.22. Over the past decade, International Business Machines' Days Payable has ranged from 51.44 to 79.84. According to the industry distribution chart, International Business Machines ranks #1345 out of 2601 companies in the Software industry, placing it in the top 51.7%.
Is International Business Machines' Days Payable too high?
International Business Machines' current Days Payable of 57.55 is near median its 10-year median of 55.22. Over the past 10 years, this metric has ranged from a low of 51.44 to a high of 79.84. The Software industry median Days Payable is 54.04. International Business Machines' value of 57.55 is 6.5% above this industry median. Based on the distribution chart, International Business Machines ranks #1345 out of 2601 companies in the Software industry, which is below the industry midpoint. Overall, International Business Machines has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Business Machines' Days Payable compare to ACN and FISV?
According to the Software industry distribution chart, International Business Machines ranks #1345 out of 2601 companies for Days Payable. This places International Business Machines in the lower half of its industry. The industry median Days Payable is 54.04. International Business Machines' value of 57.55 is 6.5% above this benchmark. Historically, International Business Machines' own Days Payable has ranged from 51.44 to 79.84 over the past decade. While the company's 10-year median is 55.22 vs. the industry median of 54.04, International Business Machines 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 54.04, based on 2,601 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. International Business Machines's current Days Payable of 57.55 is 6.5% 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 International Business Machines and its competitors. For the Software industry, the median Days Payable is 54.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Business Machines's current Days Payable is 57.55, which is near median its own 10-year median of 55.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Business Machines stock overvalued right now?
Based on GuruFocus' analysis, International Business Machines (MEX:IBM) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN4,156.89, compared to a current price of MXN4,726.00 — trading 13.7% above its estimated fair value. The current Days Payable is 57.55, which is near median its 10-year median of 55.22 and 6.5% above the Software industry median of 54.04. International Business Machines' overall GF Score™ is 68/100 with 1 warning sign 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 International Business Machines (MEX:IBM), the current Days Payable is 57.55 as of Mar. 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 International Business Machines (MEX:IBM) Overvalued in 2026?

Based on GuruFocus' analysis, International Business Machines stock appears to be overvalued. The current stock price of MXN4,726.00 is trading 13.7% above its estimated GF Value™ of MXN4,156.89. GuruFocus considers International Business Machines to be Modestly Overvalued.

Key valuation signals for MEX:IBM:

  • Days Payable: 57.55 (near median its 10-year median of 55.22)
  • GF Value™: MXN4,156.89 vs. price of MXN4,726.00 (13.7% above fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 6.5% above the Software median (#1345 of 2601)

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


International Business Machines Business Description

Address One New Orchard Road, Armonk, NY, USA, 10504
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
68GF Score

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

MXN4,726.00
Price
MXN4,156.89
GF Value