SnowflakeSNOW +9.65%81 Days Payable is 19.71 as of Apr. 2026, which is 5% below its 10-year median of 20.77. GuruFocus rates SNOW with a GF Score™ of 81/100 and a GF Value™ of $275.36 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,604 Software companies, Snowflake ranks worse than 67.4% on this metric.
Snowflake's average Accounts Payable for the
three
months ended in Apr. 2026 was $100 Mil. Snowflake's Cost of Goods Sold for the
three
months ended in Apr. 2026 was $465 Mil.
Hence, Snowflake's Days Payable for the
three
months ended in Apr. 2026 was 19.71.
The historical rank and industry rank for Snowflake's Days Payable or its related term are showing as below:
SNOW'
s Days Payable Range Over the Past 10 Years
Min: 7.6 Med: 20.77 Max: 58.24
Current: 31.63
During the past 8 years, Snowflake's highest Days Payable was 58.24. The lowest was 7.60. And the median was 20.77.
SNOW's Days Payable is ranked worse than 67.4% of 2604
companies
in the Software industry
Industry Median: 53.955
vs SNOW: 31.63
Snowflake's Days Payable
declined
from Apr. 2025 (42.52) to Apr. 2026 (19.71).
It may suggest that Snowflakeaccelerated paying its suppliers.
Snowflake Days Payable Related Terms
Snowflake Days Payable Historical Data
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The historical data trend for Snowflake'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.
For the Software - Application subindustry, Snowflake'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.
Snowflake Days Payable vs Software Industry
For the Software industry and Technology sector, Snowflake's Days Payable distribution charts can be found below:
* The bar in red indicates where Snowflake'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.
Snowflake's Days Payable for the fiscal year that ended in Jan. 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.
Snowflake (SNOW) has a Days Payable of 19.71 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Snowflake and its competitors. This is near median its historical median of 20.77. Over the past decade, Snowflake's Days Payable has ranged from 7.60 to 58.24. According to the industry distribution chart, Snowflake ranks #1755 out of 2604 companies in the Software industry, placing it in the top 67.4%.
Is Snowflake's Days Payable too high?
Snowflake's current Days Payable of 19.71 is near median its 10-year median of 20.77. Over the past 10 years, this metric has ranged from a low of 7.60 to a high of 58.24. The Software industry median Days Payable is 53.96. Snowflake's value of 19.71 is 63.5% below this industry median. Based on the distribution chart, Snowflake ranks #1755 out of 2604 companies in the Software industry, which is below the industry midpoint. Overall, Snowflake has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Snowflake's Days Payable compare to ADP and DDOG?
According to the Software industry distribution chart, Snowflake ranks #1755 out of 2604 companies for Days Payable. This places Snowflake in the lower half of its industry. The industry median Days Payable is 53.96. Snowflake's value of 19.71 is 63.5% below this benchmark. Historically, Snowflake's own Days Payable has ranged from 7.60 to 58.24 over the past decade. While the company's 10-year median is 20.77 vs. the industry median of 53.96, Snowflake 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 53.96, based on 2,604 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. Snowflake's current Days Payable of 19.71 is 63.5% 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 Snowflake and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snowflake's current Days Payable is 19.71, which is near median its own 10-year median of 20.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snowflake stock overvalued right now?
Based on GuruFocus' analysis, Snowflake (SNOW) is currently considered Modestly Undervalued. The stock's GF Value™ is $275.36, compared to a current price of $248.96 — trading 9.6% below its estimated fair value. The current Days Payable is 19.71, which is near median its 10-year median of 20.77 and 63.5% below the Software industry median of 53.96. Snowflake's overall GF Score™ is 81/100 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 Snowflake (SNOW), the current Days Payable is 19.71 as of Apr. 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 Snowflake (SNOW) Overvalued in 2026?
Based on GuruFocus' analysis, Snowflake stock appears to be undervalued.
The current stock price of $248.96 is trading 9.6% below its estimated GF Value™ of $275.36.
GuruFocus considers Snowflake to be Modestly Undervalued.
Key valuation signals for SNOW:
Days Payable: 19.71 (near median its 10-year median of 20.77)
GF Value™: $275.36 vs. price of $248.96 (9.6% below fair value)
Industry Position: 63.5% below the Software median (#1755 of 2604)
No single metric tells the full story. See the SNOW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2012, Snowflake is a fully managed platform that consolidates data hosted on different public clouds for centralized analytics and governance. Snowflake's cloud-native architecture allows users to independently scale the compute and storage layers, providing customers with optimized performance at lower costs. The company's data lake and data warehouse products support a variety of use cases, including business analytics, data engineering, and artificial intelligence. Snowflake is widely used by Fortune 2000 companies in financial services, media, and retail sectors.
81GF Score
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