Mitek SystemsSTU:MKQ -0.71%82 Days Payable is 47.82 as of Mar. 2026, which is 54% below its 10-year median of 104.66. GuruFocus rates STU:MKQ with a GF Score™ of 82/100 and a GF Value™ of €9.72 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,598 Software companies, Mitek Systems ranks worse than 54.93% on this metric.
The historical rank and industry rank for Mitek Systems's Days Payable or its related term are showing as below:
STU:MKQ'
s Days Payable Range Over the Past 10 Years
Min: 46.56 Med: 104.66 Max: 153.53
Current: 46.56
During the past 13 years, Mitek Systems's highest Days Payable was 153.53. The lowest was 46.56. And the median was 104.66.
STU:MKQ's Days Payable is ranked worse than 54.93% of 2598
companies
in the Software industry
Industry Median: 53.515
vs STU:MKQ: 46.56
Mitek Systems's Days Payable
declined
from Mar. 2025 (60.31) to Mar. 2026 (47.82).
It may suggest that Mitek Systemsaccelerated paying its suppliers.
Mitek Systems Days Payable Related Terms
Mitek Systems Days Payable Historical Data
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The historical data trend for Mitek Systems'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.
STU:MKQ vs RDVT, GTM, IBTA: Days Payable Comparison
For the Software - Application subindustry, Mitek Systems'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.
Mitek Systems Days Payable vs Software Industry
For the Software industry and Technology sector, Mitek Systems's Days Payable distribution charts can be found below:
* The bar in red indicates where Mitek Systems'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.
Mitek Systems's Days Payable for the fiscal year that ended in Sep. 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.
Mitek Systems (STU:MKQ) has a Days Payable of 47.82 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 Mitek Systems and its competitors. This is 54% below median its historical median of 104.66. Over the past decade, Mitek Systems' Days Payable has ranged from 46.56 to 153.53. According to the industry distribution chart, Mitek Systems ranks #1427 out of 2598 companies in the Software industry, placing it in the top 54.9%.
Is Mitek Systems' Days Payable too high?
Mitek Systems' current Days Payable of 47.82 is 54% below median its 10-year median of 104.66. Over the past 10 years, this metric has ranged from a low of 46.56 to a high of 153.53. The Software industry median Days Payable is 53.52. Mitek Systems' value of 47.82 is 10.6% below this industry median. Based on the distribution chart, Mitek Systems ranks #1427 out of 2598 companies in the Software industry, which is below the industry midpoint. Overall, Mitek Systems has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' Days Payable compare to RDVT and GTM?
According to the Software industry distribution chart, Mitek Systems ranks #1427 out of 2598 companies for Days Payable. This places Mitek Systems in the lower half of its industry. The industry median Days Payable is 53.52. Mitek Systems' value of 47.82 is 10.6% below this benchmark. Historically, Mitek Systems' own Days Payable has ranged from 46.56 to 153.53 over the past decade. While the company's 10-year median is 104.66 vs. the industry median of 53.52, Mitek Systems 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 53.52, 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. Mitek Systems's current Days Payable of 47.82 is 10.6% 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 Mitek Systems and its competitors. For the Software industry, the median Days Payable is 53.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current Days Payable is 47.82, which is 54% below median its own 10-year median of 104.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitek Systems stock overvalued right now?
Based on GuruFocus' analysis, Mitek Systems (STU:MKQ) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.72, compared to a current price of €16.86 — trading 73.5% above its estimated fair value. The current Days Payable is 47.82, which is 54% below median its 10-year median of 104.66 and 10.6% below the Software industry median of 53.52. Mitek Systems' overall GF Score™ is 82/100 with 8 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 Mitek Systems (STU:MKQ), the current Days Payable is 47.82 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 Mitek Systems (STU:MKQ) Overvalued in 2026?
Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued.
The current stock price of €16.86 is trading 73.5% above its estimated GF Value™ of €9.72.
GuruFocus considers Mitek Systems to be Significantly Overvalued.
Key valuation signals for STU:MKQ:
Days Payable: 47.82 (54% below median its 10-year median of 104.66)
GF Value™: €9.72 vs. price of €16.86 (73.5% above fair value)
Industry Position: 10.6% below the Software median (#1427 of 2598)
No single metric tells the full story. See the STU:MKQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online, enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
82GF Score
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