AS Bercman Technologies (OTSE:BERCM) Days Payable: 87.12 (As of Dec. 2025) — 27% Below Median


OTSE:BERCM AS Bercman Technologies OTSE:BERCM
62 GF Score
Price €1.20
GF Value €1.89
Valuation Possible Value Trap
! 4 Warning Signs
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What is AS Bercman Technologies Days Payable?

AS Bercman Technologies OTSE:BERCM 62 Days Payable is 87.12 as of Dec. 2025, which is 27% below its 10-year median of 118.69. GuruFocus rates OTSE:BERCM with a GF Score™ of 62/100 and a GF Value™ of €1.89 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,602 Software companies, AS Bercman Technologies ranks better than 68.29% on this metric.

AS Bercman Technologies's average Accounts Payable for the six months ended in Dec. 2025 was €0.57 Mil. AS Bercman Technologies's Cost of Goods Sold for the six months ended in Dec. 2025 was €1.19 Mil. Hence, AS Bercman Technologies's Days Payable for the six months ended in Dec. 2025 was 87.12.

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

OTSE:BERCM' s Days Payable Range Over the Past 10 Years
Min: 51.65   Med: 118.69   Max: 1239.48
Current: 98.7

During the past 7 years, AS Bercman Technologies's highest Days Payable was 1239.48. The lowest was 51.65. And the median was 118.69.

OTSE:BERCM's Days Payable is ranked better than
68.29% of 2602 companies
in the Software industry
Industry Median: 53.825 vs OTSE:BERCM: 98.70

AS Bercman Technologies's Days Payable increased from Dec. 2024 (76.99) to Dec. 2025 (87.12). It may suggest that AS Bercman Technologies delayed paying its suppliers.


AS Bercman Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for AS Bercman 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.

AS Bercman Technologies Days Payable Chart

AS Bercman Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 193.64 51.65 65.87 79.24 118.69

AS Bercman Technologies Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.56 73.31 76.99 107.91 87.12

OTSE:BERCM vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, AS Bercman 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.


AS Bercman Technologies Days Payable vs Software Industry

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

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


OTSE:BERCM
62GF Score
AS Bercman Technologies OTSE:BERCM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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AS Bercman 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.

AS Bercman 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
=( (0.322 + 0.742) / 2 ) / 1.636*365
=0.532 / 1.636*365
=118.69

AS Bercman Technologies's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.397 + 0.742) / 2 ) / 1.193*365 / 2
=0.5695 / 1.193*365 / 2
=87.12

* 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 87.12 mean?
AS Bercman Technologies (OTSE:BERCM) has a Days Payable of 87.12 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on AS Bercman Technologies and its competitors. This is 27% below median its historical median of 118.69. Over the past decade, AS Bercman Technologies' Days Payable has ranged from 51.65 to 1,239.48. According to the industry distribution chart, AS Bercman Technologies ranks #825 out of 2602 companies in the Software industry, placing it in the top 31.7%.
Is AS Bercman Technologies' Days Payable too high?
AS Bercman Technologies' current Days Payable of 87.12 is 27% below median its 10-year median of 118.69. Over the past 10 years, this metric has ranged from a low of 51.65 to a high of 1,239.48. The Software industry median Days Payable is 53.83. AS Bercman Technologies' value of 87.12 is 61.9% above this industry median. Based on the distribution chart, AS Bercman Technologies ranks #825 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, AS Bercman Technologies has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AS Bercman Technologies' Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, AS Bercman Technologies ranks #825 out of 2602 companies for Days Payable. This puts AS Bercman Technologies in the upper half of its industry. The industry median Days Payable is 53.83. AS Bercman Technologies' value of 87.12 is 61.9% above this benchmark. Historically, AS Bercman Technologies' own Days Payable has ranged from 51.65 to 1,239.48 over the past decade. While the company's 10-year median is 118.69 vs. the industry median of 53.83, AS Bercman Technologies 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 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. AS Bercman Technologies's current Days Payable of 87.12 is 61.9% 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 AS Bercman Technologies 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. AS Bercman Technologies's current Days Payable is 87.12, which is 27% below median its own 10-year median of 118.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AS Bercman Technologies stock overvalued right now?
Based on GuruFocus' analysis, AS Bercman Technologies (OTSE:BERCM) is currently considered Possible Value Trap. The stock's GF Value™ is €1.89, compared to a current price of €1.20 — trading 36.5% below its estimated fair value. The current Days Payable is 87.12, which is 27% below median its 10-year median of 118.69 and 61.9% above the Software industry median of 53.83. AS Bercman Technologies' overall GF Score™ is 62/100 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 AS Bercman Technologies (OTSE:BERCM), the current Days Payable is 87.12 as of Dec. 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.

Is AS Bercman Technologies (OTSE:BERCM) Overvalued in 2026?

Based on GuruFocus' analysis, AS Bercman Technologies stock appears to be undervalued. The current stock price of €1.20 is trading 36.5% below its estimated GF Value™ of €1.89. GuruFocus considers AS Bercman Technologies to be Possible Value Trap.

Key valuation signals for OTSE:BERCM:

  • Days Payable: 87.12 (27% below median its 10-year median of 118.69)
  • GF Value™: €1.89 vs. price of €1.20 (36.5% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 61.9% above the Software median (#825 of 2602)

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


AS Bercman Technologies Business Description

Address Riia 26, Tartu maakond, Tartu, EST, 50405
AS Bercman Technologies is a technology company. It is engaged in the development and sale of Smart City and mobility-related technologies and products to European markets. The company offers solutions related to traffic and public transportation such as Smart Pedestrian Crosswalks, Smart Mobility Hubs, Traffic Sensing with V2X, Automatic giving way detection, Smart Intersection Control, and Railway Management Systems. The company's main target market is the European Union Member States, mainly due to the similarities of the Union-wide regulations.
62GF Score

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

€1.20
Price
€1.89
GF Value