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SubexNSE:SUBEXLTD -2.76%66 Days Payable is 55.99 as of Mar. 2026, which is 106% above its 10-year median of 27.12. GuruFocus rates NSE:SUBEXLTD with a GF Score™ of 66/100 and a GF Value™ of ₹22.58 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,610 Software companies, Subex ranks worse than 52.68% on this metric.
Subex's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹249 Mil. Subex's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹406 Mil.
Hence, Subex's Days Payable for the
three
months ended in Mar. 2026 was 55.99.
The historical rank and industry rank for Subex's Days Payable or its related term are showing as below:
NSE:SUBEXLTD'
s Days Payable Range Over the Past 10 Years
Min: 19.68 Med: 27.12 Max: 49.23
Current: 49.23
During the past 13 years, Subex's highest Days Payable was 49.23. The lowest was 19.68. And the median was 27.12.
NSE:SUBEXLTD's Days Payable is ranked worse than 52.68% of 2610
companies
in the Software industry
Industry Median: 52.785
vs NSE:SUBEXLTD: 49.23
Subex's Days Payable
increased
from Mar. 2025 (47.38) to Mar. 2026 (55.99).
It may suggest that Subexdelayed paying its suppliers.
Subex Days Payable Related Terms
Subex Days Payable Historical Data
* Premium members only.
The historical data trend for Subex'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.
NSE:SUBEXLTD vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, Subex'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.
Subex Days Payable vs Software Industry
For the Software industry and Technology sector, Subex's Days Payable distribution charts can be found below:
* The bar in red indicates where Subex'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.
Subex's Days Payable for the fiscal year that ended in Mar. 2026 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.
Subex (NSE:SUBEXLTD) has a Days Payable of 55.99 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 Subex and its competitors. This is 106% above median its historical median of 27.12. Over the past decade, Subex's Days Payable has ranged from 19.68 to 49.23. According to the industry distribution chart, Subex ranks #1375 out of 2610 companies in the Software industry, placing it in the top 52.7%.
Is Subex's Days Payable too high?
Subex's current Days Payable of 55.99 is 106% above median its 10-year median of 27.12. Over the past 10 years, this metric has ranged from a low of 19.68 to a high of 49.23. The Software industry median Days Payable is 52.79. Subex's value of 55.99 is 6.1% above this industry median. Based on the distribution chart, Subex ranks #1375 out of 2610 companies in the Software industry, which is below the industry midpoint. Overall, Subex has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Subex's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Subex ranks #1375 out of 2610 companies for Days Payable. This places Subex in the lower half of its industry. The industry median Days Payable is 52.79. Subex's value of 55.99 is 6.1% above this benchmark. Historically, Subex's own Days Payable has ranged from 19.68 to 49.23 over the past decade. While the company's 10-year median is 27.12 vs. the industry median of 52.79, Subex 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 52.79, based on 2,610 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. Subex's current Days Payable of 55.99 is 6.1% 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 Subex and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Subex's current Days Payable is 55.99, which is 106% above median its own 10-year median of 27.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subex stock overvalued right now?
Based on GuruFocus' analysis, Subex (NSE:SUBEXLTD) is currently considered Possible Value Trap. The stock's GF Value™ is ₹22.58, compared to a current price of ₹12.34 — trading 45.3% below its estimated fair value. The current Days Payable is 55.99, which is 106% above median its 10-year median of 27.12 and 6.1% above the Software industry median of 52.79. Subex's overall GF Score™ is 66/100 with 3 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 Subex (NSE:SUBEXLTD), the current Days Payable is 55.99 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 Subex (NSE:SUBEXLTD) Overvalued in 2026?
Based on GuruFocus' analysis, Subex stock appears to be undervalued.
The current stock price of ₹12.34 is trading 45.3% below its estimated GF Value™ of ₹22.58.
GuruFocus considers Subex to be Possible Value Trap.
Key valuation signals for NSE:SUBEXLTD:
Days Payable: 55.99 (106% above median its 10-year median of 27.12)
GF Value™: ₹22.58 vs. price of ₹12.34 (45.3% below fair value)
Industry Position: 6.1% above the Software median (#1375 of 2610)
No single metric tells the full story. See the NSE:SUBEXLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressOuter Ring Road, Block-9, 4th Floor, B Wing, Survey No. 51 to 64/4, Pritech Park-SEZ, Bellandur Village, Varthur Hobli, Bangalore, KA, IND, 560103
Subex Ltd is an Indian-based company providing telecom AI solutions. The company offers managed and business consulting services. The company enables Communications Service Providers (CSPs) to provide good digital connections for customers. The product portfolio of the company includes ROC revenue assurance, ROC fraud management, Enterprise Asset Management, Partner Management, and others. Geographically, the company generates the majority of its revenue from Europe, the Middle East, and Africa (EMEA).
66GF Score
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