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Progress SoftwareMEX:PRGS 50 Days Payable is 25.38 as of May. 2026, which is 48% below its 10-year median of 48.58. GuruFocus rates MEX:PRGS with a GF Score™ of 50/100 and a GF Value™ of MXN949.11 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,611 Software companies, Progress Software ranks worse than 71.96% on this metric.
The historical rank and industry rank for Progress Software's Days Payable or its related term are showing as below:
MEX:PRGS'
s Days Payable Range Over the Past 10 Years
Min: 25.11 Med: 48.58 Max: 67.15
Current: 25.11
During the past 13 years, Progress Software's highest Days Payable was 67.15. The lowest was 25.11. And the median was 48.58.
MEX:PRGS's Days Payable is ranked worse than 71.96% of 2611
companies
in the Software industry
Industry Median: 51.77
vs MEX:PRGS: 25.11
Progress Software's Days Payable
increased
from May. 2025 (23.78) to May. 2026 (25.38).
It may suggest that Progress Softwaredelayed paying its suppliers.
The historical data trend for Progress 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.
MEX:PRGS vs PICS, NN, APPN: Days Payable Comparison
For the Software - Infrastructure subindustry, Progress 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.
Progress Software Days Payable vs Software Industry
For the Software industry and Technology sector, Progress Software's Days Payable distribution charts can be found below:
* The bar in red indicates where Progress Software'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.
Progress Software's Days Payable for the fiscal year that ended in Nov. 2025 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.
Progress Software (MEX:PRGS) has a Days Payable of 25.38 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Progress Software and its competitors. This is 48% below median its historical median of 48.58. Over the past decade, Progress Software's Days Payable has ranged from 25.11 to 67.15. According to the industry distribution chart, Progress Software ranks #1879 out of 2611 companies in the Software industry, placing it in the top 72%.
Is Progress Software's Days Payable too high?
Progress Software's current Days Payable of 25.38 is 48% below median its 10-year median of 48.58. Over the past 10 years, this metric has ranged from a low of 25.11 to a high of 67.15. The Software industry median Days Payable is 51.77. Progress Software's value of 25.38 is 51% below this industry median. Based on the distribution chart, Progress Software ranks #1879 out of 2611 companies in the Software industry, which is below the industry midpoint. Overall, Progress Software has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's Days Payable compare to PICS and NN?
According to the Software industry distribution chart, Progress Software ranks #1879 out of 2611 companies for Days Payable. This places Progress Software in the lower half of its industry. The industry median Days Payable is 51.77. Progress Software's value of 25.38 is 51% below this benchmark. Historically, Progress Software's own Days Payable has ranged from 25.11 to 67.15 over the past decade. While the company's 10-year median is 48.58 vs. the industry median of 51.77, Progress Software 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 51.77, based on 2,611 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. Progress Software's current Days Payable of 25.38 is 51% 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 Progress Software and its competitors. For the Software industry, the median Days Payable is 51.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Software's current Days Payable is 25.38, which is 48% below median its own 10-year median of 48.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Software stock overvalued right now?
Based on GuruFocus' analysis, Progress Software (MEX:PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is MXN949.11, compared to a current price of MXN537.00 — trading 43.4% below its estimated fair value. The current Days Payable is 25.38, which is 48% below median its 10-year median of 48.58 and 51% below the Software industry median of 51.77. Progress Software's overall GF Score™ is 50/100 with 7 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 Progress Software (MEX:PRGS), the current Days Payable is 25.38 as of May. 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 Progress Software (MEX:PRGS) Overvalued in 2026?
Based on GuruFocus' analysis, Progress Software stock appears to be undervalued.
The current stock price of MXN537.00 is trading 43.4% below its estimated GF Value™ of MXN949.11.
GuruFocus considers Progress Software to be Possible Value Trap.
Key valuation signals for MEX:PRGS:
Days Payable: 25.38 (48% below median its 10-year median of 48.58)
GF Value™: MXN949.11 vs. price of MXN537.00 (43.4% below fair value)
Industry Position: 51% below the Software median (#1879 of 2611)
No single metric tells the full story. See the MEX:PRGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
50GF Score
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