Canarys Automations (NSE:CANARYS) Days Payable: 41.64 (As of Sep. 2025) — 55% Below Median


NSE:CANARYS Canarys Automations Ltd NSE:CANARYS
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What is Canarys Automations Days Payable?

Canarys Automations NSE:CANARYS -1.55% 31 Days Payable is 41.64 as of Sep. 2025, which is 55% below its 10-year median of 92.24. GuruFocus rates NSE:CANARYS with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,598 Software companies, Canarys Automations ranks better than 63.63% on this metric.

Canarys Automations's average Accounts Payable for the six months ended in Sep. 2025 was ₹176 Mil. Canarys Automations's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹769 Mil. Hence, Canarys Automations's Days Payable for the six months ended in Sep. 2025 was 41.64.

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

NSE:CANARYS' s Days Payable Range Over the Past 10 Years
Min: 81.63   Med: 92.24   Max: 102.91
Current: 83.28

During the past 5 years, Canarys Automations's highest Days Payable was 102.91. The lowest was 81.63. And the median was 92.24.

NSE:CANARYS's Days Payable is ranked better than
63.63% of 2598 companies
in the Software industry
Industry Median: 53.675 vs NSE:CANARYS: 83.28

Canarys Automations's Days Payable increased from Sep. 2024 (0.00) to Sep. 2025 (41.64). It may suggest that Canarys Automations delayed paying its suppliers.


Canarys Automations Days Payable Historical Data

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The historical data trend for Canarys Automations'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.

Canarys Automations Days Payable Chart

Canarys Automations Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
81.63 92.24 102.91 93.37 86.66

Canarys Automations Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 41.64

NSE:CANARYS vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Canarys Automations'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.


Canarys Automations Days Payable vs Software Industry

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

* The bar in red indicates where Canarys Automations's Days Payable falls into.


NSE:CANARYS
31GF Score
Canarys Automations Ltd NSE:CANARYS
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Canarys Automations 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.

Canarys Automations's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (107.372 + 184.054) / 2 ) / 613.689*365
=145.713 / 613.689*365
=86.66

Canarys Automations's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (184.054 + 166.978) / 2 ) / 769.221*365 / 2
=175.516 / 769.221*365 / 2
=41.64

* 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 41.64 mean?
Canarys Automations (NSE:CANARYS) has a Days Payable of 41.64 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Canarys Automations and its competitors. This is 55% below median its historical median of 92.24. Over the past decade, Canarys Automations' Days Payable has ranged from 81.63 to 102.91. According to the industry distribution chart, Canarys Automations ranks #945 out of 2598 companies in the Software industry, placing it in the top 36.4%.
Is Canarys Automations' Days Payable too high?
Canarys Automations' current Days Payable of 41.64 is 55% below median its 10-year median of 92.24. Over the past 10 years, this metric has ranged from a low of 81.63 to a high of 102.91. The Software industry median Days Payable is 53.68. Canarys Automations' value of 41.64 is 22.4% below this industry median. Based on the distribution chart, Canarys Automations ranks #945 out of 2598 companies in the Software industry, which is above the industry midpoint. Overall, Canarys Automations has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Canarys Automations' Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Canarys Automations ranks #945 out of 2598 companies for Days Payable. This puts Canarys Automations in the upper half of its industry. The industry median Days Payable is 53.68. Canarys Automations' value of 41.64 is 22.4% below this benchmark. Historically, Canarys Automations' own Days Payable has ranged from 81.63 to 102.91 over the past decade. While the company's 10-year median is 92.24 vs. the industry median of 53.68, Canarys Automations 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 53.68, based on 2,598 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. Canarys Automations's current Days Payable of 41.64 is 22.4% 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 Canarys Automations and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canarys Automations's current Days Payable is 41.64, which is 55% below median its own 10-year median of 92.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canarys Automations stock overvalued right now?
Canarys Automations (NSE:CANARYS) has a current Days Payable of 41.64. The current Days Payable is 41.64, which is 55% below median its 10-year median of 92.24 and 22.4% below the Software industry median of 53.68. Canarys Automations' overall GF Score™ is 31/100 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 Canarys Automations (NSE:CANARYS), the current Days Payable is 41.64 as of Sep. 2025. 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.

Canarys Automations Business Description

Address 30th Main, Attimabbe Road, No. 566 & 567, 2nd Floor, Banagirinagara, Banashankari 3rd Stage, Bengaluru, KA, IND, 560085
Canarys Automations Ltd is an IT solutions provider specializing in enabling digital transformation for businesses through its software solutions in the areas of Digitalization, Modernization, Automation, and Intelligence. The company's solutions include Digital Transformation, Digital DevOps, Digital Assurance, Telemetry, Water Resources Management, and Cloud IT, and are delivered across industry sectors such as BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Insurance. it operates through two segments, Technology Solutions and Water Resource Management Solutions, with the majority of its revenue generated from the Technology Solutions segment. The company's revenue is generated from India sales, which contribute the maximum revenue, and international sales.
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