RELY (Remitly Global) Days Payable: 15.20 (As of Mar. 2026) — 154% Above Median


RELY Remitly Global Inc RELY
74 GF Score
Price $24.13
GF Value $26.10
Valuation Fairly Valued
! 6 Warning Signs
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What is Remitly Global Days Payable?

Remitly Global RELY -0.41% 74 Days Payable is 15.20 as of Mar. 2026, which is 154% above its 10-year median of 5.99. GuruFocus rates RELY with a GF Score™ of 74/100 and a GF Value™ of $26.10 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,598 Software companies, Remitly Global ranks worse than 85.49% on this metric.

Remitly Global's average Accounts Payable for the three months ended in Mar. 2026 was $29 Mil. Remitly Global's Cost of Goods Sold for the three months ended in Mar. 2026 was $172 Mil. Hence, Remitly Global's Days Payable for the three months ended in Mar. 2026 was 15.20.

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

RELY' s Days Payable Range Over the Past 10 Years
Min: 1.01   Med: 5.99   Max: 18.55
Current: 15.84

During the past 7 years, Remitly Global's highest Days Payable was 18.55. The lowest was 1.01. And the median was 5.99.

RELY's Days Payable is ranked worse than
85.49% of 2598 companies
in the Software industry
Industry Median: 53.675 vs RELY: 15.84

Remitly Global's Days Payable declined from Mar. 2025 (17.45) to Mar. 2026 (15.20). It may suggest that Remitly Global accelerated paying its suppliers.


Remitly Global Days Payable Historical Data

* Premium members only.

The historical data trend for Remitly Global'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.

Remitly Global Days Payable Chart

Remitly Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 4.21 4.47 18.55 18.13 12.51

Remitly Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.45 15.61 13.45 16.79 15.20

RELY vs ZETA, WEX, VRNS: Days Payable Comparison

For the Software - Infrastructure subindustry, Remitly Global'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.


Remitly Global Days Payable vs Software Industry

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

* The bar in red indicates where Remitly Global's Days Payable falls into.


RELY
74GF Score
Remitly Global Inc RELY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Remitly Global 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.

Remitly Global'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
=( (16.159 + 28.45) / 2 ) / 650.706*365
=22.3045 / 650.706*365
=12.51

Remitly Global's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (28.45 + 28.784) / 2 ) / 171.751*365 / 4
=28.617 / 171.751*365 / 4
=15.20

* 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 15.20 mean?
Remitly Global (RELY) has a Days Payable of 15.20 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 Remitly Global and its competitors. This is 154% above median its historical median of 5.99. Over the past decade, Remitly Global's Days Payable has ranged from 1.01 to 18.55. According to the industry distribution chart, Remitly Global ranks #2221 out of 2598 companies in the Software industry, placing it in the top 85.5%.
Is Remitly Global's Days Payable too high?
Remitly Global's current Days Payable of 15.20 is 154% above median its 10-year median of 5.99. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 18.55. The Software industry median Days Payable is 53.68. Remitly Global's value of 15.20 is 71.7% below this industry median. Based on the distribution chart, Remitly Global ranks #2221 out of 2598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Remitly Global has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Remitly Global's Days Payable compare to ZETA and WEX?
According to the Software industry distribution chart, Remitly Global ranks #2221 out of 2598 companies for Days Payable. This places Remitly Global in the lower half of its industry. The industry median Days Payable is 53.68. Remitly Global's value of 15.20 is 71.7% below this benchmark. Historically, Remitly Global's own Days Payable has ranged from 1.01 to 18.55 over the past decade. While the company's 10-year median is 5.99 vs. the industry median of 53.68, Remitly Global 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. Remitly Global's current Days Payable of 15.20 is 71.7% 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 Remitly Global 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. Remitly Global's current Days Payable is 15.20, which is 154% above median its own 10-year median of 5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Remitly Global stock overvalued right now?
Based on GuruFocus' analysis, Remitly Global (RELY) is currently considered Fairly Valued. The stock's GF Value™ is $26.10, compared to a current price of $24.13 — trading 7.5% below its estimated fair value. The current Days Payable is 15.20, which is 154% above median its 10-year median of 5.99 and 71.7% below the Software industry median of 53.68. Remitly Global's overall GF Score™ is 74/100 with 6 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 Remitly Global (RELY), the current Days Payable is 15.20 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 Remitly Global (RELY) Overvalued in 2026?

Based on GuruFocus' analysis, Remitly Global stock appears to be undervalued. The current stock price of $24.13 is trading 7.5% below its estimated GF Value™ of $26.10. GuruFocus considers Remitly Global to be Fairly Valued.

Key valuation signals for RELY:

  • Days Payable: 15.20 (154% above median its 10-year median of 5.99)
  • GF Value™: $26.10 vs. price of $24.13 (7.5% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 71.7% below the Software median (#2221 of 2598)

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


Remitly Global Business Description

Other Exchanges RELY:Mexico
Address 401 Union Street, Suite 1000, Seattle, WA, USA, 98101
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated from transaction fees charged to customers, and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
74GF Score

Get the complete analysis for RELY

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

$24.13
Price
$26.10
GF Value