Tyler Technologies (MEX:TYL) Days Payable: 51.88 (As of Mar. 2026) — 181% Above Median


MEX:TYL Tyler Technologies Inc MEX:TYL
81 GF Score
Price MXN9,360.00
GF Value MXN17,489.59
! 1 Warning Sign
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What is Tyler Technologies Days Payable?

Tyler Technologies MEX:TYL 81 Days Payable is 51.88 as of Mar. 2026, which is 181% above its 10-year median of 18.46. GuruFocus rates MEX:TYL with a GF Score™ of 81/100 and a GF Value™ of MXN17,489.59. The stock has 1 warning sign investors should review. Among 2,604 Software companies, Tyler Technologies ranks worse than 53.65% on this metric.

Tyler Technologies's average Accounts Payable for the three months ended in Mar. 2026 was MXN3,251 Mil. Tyler Technologies's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN5,718 Mil. Hence, Tyler Technologies's Days Payable for the three months ended in Mar. 2026 was 51.88.

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

MEX:TYL' s Days Payable Range Over the Past 10 Years
Min: 5.55   Med: 18.46   Max: 49.03
Current: 49.03

During the past 13 years, Tyler Technologies's highest Days Payable was 49.03. The lowest was 5.55. And the median was 18.46.

MEX:TYL's Days Payable is ranked worse than
53.65% of 2604 companies
in the Software industry
Industry Median: 53.955 vs MEX:TYL: 49.03

Tyler Technologies's Days Payable increased from Mar. 2025 (50.67) to Mar. 2026 (51.88). It may suggest that Tyler Technologies delayed paying its suppliers.


Tyler Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Tyler Technologies'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.

Tyler Technologies Days Payable Chart

Tyler Technologies 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 27.62 39.55 44.63 41.89 52.08

Tyler Technologies 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 50.67 50.52 47.01 47.39 51.88

MEX:TYL vs GWRE, U, DT: Days Payable Comparison

For the Software - Application subindustry, Tyler Technologies'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.


Tyler Technologies Days Payable vs Software Industry

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

* The bar in red indicates where Tyler Technologies's Days Payable falls into.


MEX:TYL
81GF Score
Tyler Technologies Inc MEX:TYL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tyler Technologies 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.

Tyler Technologies'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
=( (3270.528 + 3144.75) / 2 ) / 22482.637*365
=3207.639 / 22482.637*365
=52.08

Tyler Technologies'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
=( (3144.75 + 3356.643) / 2 ) / 5717.611*365 / 4
=3250.6965 / 5717.611*365 / 4
=51.88

* 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 51.88 mean?
Tyler Technologies (MEX:TYL) has a Days Payable of 51.88 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 Tyler Technologies and its competitors. This is 181% above median its historical median of 18.46. Over the past decade, Tyler Technologies' Days Payable has ranged from 5.55 to 49.03. According to the industry distribution chart, Tyler Technologies ranks #1397 out of 2604 companies in the Software industry, placing it in the top 53.6%.
Is Tyler Technologies' Days Payable too high?
Tyler Technologies' current Days Payable of 51.88 is 181% above median its 10-year median of 18.46. Over the past 10 years, this metric has ranged from a low of 5.55 to a high of 49.03. The Software industry median Days Payable is 53.96. Tyler Technologies' value of 51.88 is 3.8% below this industry median. Based on the distribution chart, Tyler Technologies ranks #1397 out of 2604 companies in the Software industry, which is below the industry midpoint. Overall, Tyler Technologies has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Tyler Technologies' Days Payable compare to GWRE and U?
According to the Software industry distribution chart, Tyler Technologies ranks #1397 out of 2604 companies for Days Payable. This places Tyler Technologies in the lower half of its industry. The industry median Days Payable is 53.96. Tyler Technologies' value of 51.88 is 3.8% below this benchmark. Historically, Tyler Technologies' own Days Payable has ranged from 5.55 to 49.03 over the past decade. While the company's 10-year median is 18.46 vs. the industry median of 53.96, Tyler Technologies 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. Tyler Technologies's current Days Payable of 51.88 is 3.8% 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 Tyler Technologies 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. Tyler Technologies's current Days Payable is 51.88, which is 181% above median its own 10-year median of 18.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tyler Technologies stock overvalued right now?
Tyler Technologies (MEX:TYL) has a current Days Payable of 51.88. The stock's GF Value™ is MXN17,489.59, compared to a current price of MXN9,360.00 — trading 46.5% below its estimated fair value. The current Days Payable is 51.88, which is 181% above median its 10-year median of 18.46 and 3.8% below the Software industry median of 53.96. Tyler Technologies' overall GF Score™ is 81/100 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 Tyler Technologies (MEX:TYL), the current Days Payable is 51.88 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 Tyler Technologies (MEX:TYL) Overvalued in 2026?

Based on GuruFocus' analysis, Tyler Technologies stock appears to be undervalued. The current stock price of MXN9,360.00 is trading 46.5% below its estimated GF Value™ of MXN17,489.59.

Key valuation signals for MEX:TYL:

  • Days Payable: 51.88 (181% above median its 10-year median of 18.46)
  • GF Value™: MXN17,489.59 vs. price of MXN9,360.00 (46.5% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 3.8% below the Software median (#1397 of 2604)

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


Tyler Technologies Business Description

Address 5101 Tennyson Parkway, Plano, TX, USA, 75024
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
81GF Score

Get the complete analysis for MEX:TYL

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

MXN9,360.00
Price
MXN17,489.59
GF Value