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Wirtek ASOCSE:WIRTEK -4.44%58 Days Payable is 39.04 as of Mar. 2026, which is 59% above its 10-year median of 24.49. GuruFocus rates OCSE:WIRTEK with a GF Score™ of 58/100 and a GF Value™ of kr7.71 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,609 Software companies, Wirtek AS ranks worse than 80.11% on this metric.
Wirtek AS's average Accounts Payable for the
three
months ended in Mar. 2026 was kr2.58 Mil. Wirtek AS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was kr6.02 Mil.
Hence, Wirtek AS's Days Payable for the
three
months ended in Mar. 2026 was 39.04.
The historical rank and industry rank for Wirtek AS's Days Payable or its related term are showing as below:
OCSE:WIRTEK'
s Days Payable Range Over the Past 10 Years
Min: 15.42 Med: 24.49 Max: 41
Current: 19.28
During the past 13 years, Wirtek AS's highest Days Payable was 41.00. The lowest was 15.42. And the median was 24.49.
OCSE:WIRTEK's Days Payable is ranked worse than 80.11% of 2609
companies
in the Software industry
Industry Median: 51.76
vs OCSE:WIRTEK: 19.28
Wirtek AS's Days Payable
declined
from Mar. 2025 (51.06) to Mar. 2026 (39.04).
It may suggest that Wirtek ASaccelerated paying its suppliers.
The historical data trend for Wirtek AS'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.
OCSE:WIRTEK vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Wirtek AS'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.
Wirtek AS Days Payable vs Software Industry
For the Software industry and Technology sector, Wirtek AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Wirtek AS'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.
Wirtek AS'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.
Wirtek AS (OCSE:WIRTEK) has a Days Payable of 39.04 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 Wirtek AS and its competitors. This is 59% above median its historical median of 24.49. Over the past decade, Wirtek AS's Days Payable has ranged from 15.42 to 41.00. According to the industry distribution chart, Wirtek AS ranks #2090 out of 2609 companies in the Software industry, placing it in the top 80.1%.
Is Wirtek AS's Days Payable too high?
Wirtek AS's current Days Payable of 39.04 is 59% above median its 10-year median of 24.49. Over the past 10 years, this metric has ranged from a low of 15.42 to a high of 41.00. The Software industry median Days Payable is 51.76. Wirtek AS's value of 39.04 is 24.6% below this industry median. Based on the distribution chart, Wirtek AS ranks #2090 out of 2609 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Wirtek AS has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wirtek AS's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Wirtek AS ranks #2090 out of 2609 companies for Days Payable. This places Wirtek AS in the lower half of its industry. The industry median Days Payable is 51.76. Wirtek AS's value of 39.04 is 24.6% below this benchmark. Historically, Wirtek AS's own Days Payable has ranged from 15.42 to 41.00 over the past decade. While the company's 10-year median is 24.49 vs. the industry median of 51.76, Wirtek AS 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 51.76, based on 2,609 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. Wirtek AS's current Days Payable of 39.04 is 24.6% 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 Wirtek AS and its competitors. For the Software industry, the median Days Payable is 51.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wirtek AS's current Days Payable is 39.04, which is 59% above median its own 10-year median of 24.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wirtek AS stock overvalued right now?
Based on GuruFocus' analysis, Wirtek AS (OCSE:WIRTEK) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.71, compared to a current price of kr4.30 — trading 44.2% below its estimated fair value. The current Days Payable is 39.04, which is 59% above median its 10-year median of 24.49 and 24.6% below the Software industry median of 51.76. Wirtek AS's overall GF Score™ is 58/100 with 4 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 Wirtek AS (OCSE:WIRTEK), the current Days Payable is 39.04 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 Wirtek AS (OCSE:WIRTEK) Overvalued in 2026?
Based on GuruFocus' analysis, Wirtek AS stock appears to be undervalued.
The current stock price of kr4.30 is trading 44.2% below its estimated GF Value™ of kr7.71.
GuruFocus considers Wirtek AS to be Possible Value Trap.
Key valuation signals for OCSE:WIRTEK:
Days Payable: 39.04 (59% above median its 10-year median of 24.49)
GF Value™: kr7.71 vs. price of kr4.30 (44.2% below fair value)
Industry Position: 24.6% below the Software median (#2090 of 2609)
No single metric tells the full story. See the OCSE:WIRTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wirtek AS is a Danish software outsourcing company. It provides consultancy services in the field of software development and product testing. It creates software solutions and electronic equipment products. Its business units involve Electronic Equipment Services and Software Engineering Services. The company earns the majority of its revenue from Software Engineering services.
58GF Score
Get the complete analysis for OCSE:WIRTEK
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