Cy4gate SpAMIL:CY4 +1.08%80 Days Payable is 45.19 as of Mar. 2026, which is 72% below its 10-year median of 161.39. GuruFocus rates MIL:CY4 with a GF Score™ of 80/100 and a GF Value™ of €9.74 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,602 Software companies, Cy4gate SpA ranks better than 72.1% on this metric.
The historical rank and industry rank for Cy4gate SpA's Days Payable or its related term are showing as below:
MIL:CY4'
s Days Payable Range Over the Past 10 Years
Min: 65.22 Med: 161.39 Max: 231.69
Current: 114.6
During the past 8 years, Cy4gate SpA's highest Days Payable was 231.69. The lowest was 65.22. And the median was 161.39.
MIL:CY4's Days Payable is ranked better than 72.1% of 2602
companies
in the Software industry
Industry Median: 53.825
vs MIL:CY4: 114.60
Cy4gate SpA's Days Payable
declined
from Mar. 2025 (66.39) to Mar. 2026 (45.19).
It may suggest that Cy4gate SpAaccelerated paying its suppliers.
Cy4gate SpA Days Payable Related Terms
Cy4gate SpA Days Payable Historical Data
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The historical data trend for Cy4gate SpA'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.
MIL:CY4 vs MSFT, ORCL, PLTR: Days Payable Comparison
For the Software - Infrastructure subindustry, Cy4gate SpA'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.
Cy4gate SpA Days Payable vs Software Industry
For the Software industry and Technology sector, Cy4gate SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Cy4gate SpA'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.
Cy4gate SpA's Days Payable for the fiscal year that ended in Dec. 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.
Cy4gate SpA (MIL:CY4) has a Days Payable of 45.19 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 Cy4gate SpA and its competitors. This is 72% below median its historical median of 161.39. Over the past decade, Cy4gate SpA's Days Payable has ranged from 65.22 to 231.69. According to the industry distribution chart, Cy4gate SpA ranks #726 out of 2602 companies in the Software industry, placing it in the top 27.9%.
Is Cy4gate SpA's Days Payable too high?
Cy4gate SpA's current Days Payable of 45.19 is 72% below median its 10-year median of 161.39. Over the past 10 years, this metric has ranged from a low of 65.22 to a high of 231.69. The Software industry median Days Payable is 53.83. Cy4gate SpA's value of 45.19 is 16% below this industry median. Based on the distribution chart, Cy4gate SpA ranks #726 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, Cy4gate SpA has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cy4gate SpA's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Cy4gate SpA ranks #726 out of 2602 companies for Days Payable. This puts Cy4gate SpA in the upper half of its industry. The industry median Days Payable is 53.83. Cy4gate SpA's value of 45.19 is 16% below this benchmark. Historically, Cy4gate SpA's own Days Payable has ranged from 65.22 to 231.69 over the past decade. While the company's 10-year median is 161.39 vs. the industry median of 53.83, Cy4gate SpA 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 53.83, 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. Cy4gate SpA's current Days Payable of 45.19 is 16% 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 Cy4gate SpA 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. Cy4gate SpA's current Days Payable is 45.19, which is 72% below median its own 10-year median of 161.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cy4gate SpA stock overvalued right now?
Based on GuruFocus' analysis, Cy4gate SpA (MIL:CY4) is currently considered Fairly Valued. The stock's GF Value™ is €9.74, compared to a current price of €9.33 — trading 4.2% below its estimated fair value. The current Days Payable is 45.19, which is 72% below median its 10-year median of 161.39 and 16% below the Software industry median of 53.83. Cy4gate SpA's overall GF Score™ is 80/100 with 5 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 Cy4gate SpA (MIL:CY4), the current Days Payable is 45.19 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 Cy4gate SpA (MIL:CY4) Overvalued in 2026?
Based on GuruFocus' analysis, Cy4gate SpA stock appears to be undervalued.
The current stock price of €9.33 is trading 4.2% below its estimated GF Value™ of €9.74.
GuruFocus considers Cy4gate SpA to be Fairly Valued.
Key valuation signals for MIL:CY4:
Days Payable: 45.19 (72% below median its 10-year median of 161.39)
GF Value™: €9.74 vs. price of €9.33 (4.2% below fair value)
Industry Position: 16% below the Software median (#726 of 2602)
No single metric tells the full story. See the MIL:CY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cy4gate SpA is engaged in the design, development and production of technologies, products, systems and services. Its corporate solutions include Cyber Resilience, Education & Training, Corporate Intelligence; and government solutions include Cyber Intelligence & Cyber Security. The company has a single operating segment, that of the development and marketing of cyber intelligence and cyber security products. Geographically it operates in Italy and outside Italy from where it derives the majority of revenue.
80GF Score
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