SAP SE (MEX:SAP1N) Days Payable: 88.47 (As of Mar. 2026) — 24% Above Median


MEX:SAP1N SAP SE MEX:SAP1N
74 GF Score
Price MXN3,479.17
GF Value MXN5,652.94
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What is SAP SE Days Payable?

SAP SE MEX:SAP1N 74 Days Payable is 88.47 as of Mar. 2026, which is 24% above its 10-year median of 71.34. GuruFocus rates MEX:SAP1N with a GF Score™ of 74/100 and a GF Value™ of MXN5,652.94. Among 2,602 Software companies, SAP SE ranks better than 63.57% on this metric.

SAP SE's average Accounts Payable for the three months ended in Mar. 2026 was MXN52,187 Mil. SAP SE's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN53,827 Mil. Hence, SAP SE's Days Payable for the three months ended in Mar. 2026 was 88.47.

The historical rank and industry rank for SAP SE's Days Payable or its related term are showing as below:

MEX:SAP1N' s Days Payable Range Over the Past 10 Years
Min: 52.89   Med: 71.34   Max: 84.61
Current: 82.42

During the past 13 years, SAP SE's highest Days Payable was 84.61. The lowest was 52.89. And the median was 71.34.

MEX:SAP1N's Days Payable is ranked better than
63.57% of 2602 companies
in the Software industry
Industry Median: 53.825 vs MEX:SAP1N: 82.42

SAP SE's Days Payable increased from Mar. 2025 (79.13) to Mar. 2026 (88.47). It may suggest that SAP SE delayed paying its suppliers.


SAP SE Days Payable Historical Data

* Premium members only.

The historical data trend for SAP SE'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.

SAP SE Days Payable Chart

SAP SE 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 76.02 89.00 87.90 69.09 82.06

SAP SE 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 79.13 84.55 81.64 74.98 88.47

MEX:SAP1N vs CRM, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, SAP SE'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.


SAP SE Days Payable vs Software Industry

For the Software industry and Technology sector, SAP SE's Days Payable distribution charts can be found below:

* The bar in red indicates where SAP SE's Days Payable falls into.


MEX:SAP1N
74GF Score
SAP SE MEX:SAP1N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SAP SE 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.

SAP SE'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
=( (43414.797 + 51255.102) / 2 ) / 210544.403*365
=47334.9495 / 210544.403*365
=82.06

SAP SE'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
=( (51255.102 + 53118.289) / 2 ) / 53827.088*365 / 4
=52186.6955 / 53827.088*365 / 4
=88.47

* 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 88.47 mean?
SAP SE (MEX:SAP1N) has a Days Payable of 88.47 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 SAP SE and its competitors. This is 24% above median its historical median of 71.34. Over the past decade, SAP SE's Days Payable has ranged from 52.89 to 84.61. According to the industry distribution chart, SAP SE ranks #948 out of 2602 companies in the Software industry, placing it in the top 36.4%.
Is SAP SE's Days Payable too high?
SAP SE's current Days Payable of 88.47 is 24% above median its 10-year median of 71.34. Over the past 10 years, this metric has ranged from a low of 52.89 to a high of 84.61. The Software industry median Days Payable is 53.83. SAP SE's value of 88.47 is 64.4% above this industry median. Based on the distribution chart, SAP SE ranks #948 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, SAP SE has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does SAP SE's Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, SAP SE ranks #948 out of 2602 companies for Days Payable. This puts SAP SE in the upper half of its industry. The industry median Days Payable is 53.83. SAP SE's value of 88.47 is 64.4% above this benchmark. Historically, SAP SE's own Days Payable has ranged from 52.89 to 84.61 over the past decade. While the company's 10-year median is 71.34 vs. the industry median of 53.83, SAP SE 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 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. SAP SE's current Days Payable of 88.47 is 64.4% 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 SAP SE 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. SAP SE's current Days Payable is 88.47, which is 24% above median its own 10-year median of 71.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAP SE stock overvalued right now?
SAP SE (MEX:SAP1N) has a current Days Payable of 88.47. The stock's GF Value™ is MXN5,652.94, compared to a current price of MXN3,479.17 — trading 38.5% below its estimated fair value. The current Days Payable is 88.47, which is 24% above median its 10-year median of 71.34 and 64.4% above the Software industry median of 53.83. SAP SE's overall GF Score™ is 74/100. 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 SAP SE (MEX:SAP1N), the current Days Payable is 88.47 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 SAP SE (MEX:SAP1N) Overvalued in 2026?

Based on GuruFocus' analysis, SAP SE stock appears to be undervalued. The current stock price of MXN3,479.17 is trading 38.5% below its estimated GF Value™ of MXN5,652.94.

Key valuation signals for MEX:SAP1N:

  • Days Payable: 88.47 (24% above median its 10-year median of 71.34)
  • GF Value™: MXN5,652.94 vs. price of MXN3,479.17 (38.5% below fair value)
  • GF Score™: 74/100
  • Industry Position: 64.4% above the Software median (#948 of 2602)

No single metric tells the full story. See the MEX:SAP1N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SAP SE Business Description

Address Dietmar-Hopp-Allee 16, Walldorf, BW, DEU, 69190
Founded in Germany in 1972 by former IBM employees, SAP is the world's largest provider of enterprise application software. Known as the leader in enterprise resource planning software, SAP's portfolio also includes software for supply chain management, procurement, travel and expense management, and customer relationship management, among others. The company operates in more than 180 countries and has more than 400,000 customers, approximately 80% of which are small to medium-size enterprises.
74GF Score

Get the complete analysis for MEX:SAP1N

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

MXN3,479.17
Price
MXN5,652.94
GF Value