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Progress Technologies GroupTSE:339A +5.75%18 Days Payable is 25.47 as of Feb. 2026, which is 26% above its 10-year median of 20.22. GuruFocus rates TSE:339A with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 2,605 Software companies, Progress Technologies Group ranks worse than 74.32% on this metric.
* 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.
TSE:339A vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Progress Technologies Group'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.
Progress Technologies Group Days Payable vs Software Industry
For the Software industry and Technology sector, Progress Technologies Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Progress Technologies Group's Days Payable falls into.
Progress Technologies Group 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.
* 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.
Progress Technologies Group (TSE:339A) has a Days Payable of 25.47 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Progress Technologies Group and its competitors. This is 26% above median its historical median of 20.22. Over the past decade, Progress Technologies Group's Days Payable has ranged from 12.66 to 34.21. According to the industry distribution chart, Progress Technologies Group ranks #1936 out of 2605 companies in the Software industry, placing it in the top 74.3%.
Is Progress Technologies Group's Days Payable too high?
Progress Technologies Group's current Days Payable of 25.47 is 26% above median its 10-year median of 20.22. Over the past 10 years, this metric has ranged from a low of 12.66 to a high of 34.21. The Software industry median Days Payable is 52.79. Progress Technologies Group's value of 25.47 is 51.8% below this industry median. Based on the distribution chart, Progress Technologies Group ranks #1936 out of 2605 companies in the Software industry, which is below the industry midpoint. Overall, Progress Technologies Group has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Progress Technologies Group's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Progress Technologies Group ranks #1936 out of 2605 companies for Days Payable. This places Progress Technologies Group in the lower half of its industry. The industry median Days Payable is 52.79. Progress Technologies Group's value of 25.47 is 51.8% below this benchmark. Historically, Progress Technologies Group's own Days Payable has ranged from 12.66 to 34.21 over the past decade. While the company's 10-year median is 20.22 vs. the industry median of 52.79, Progress Technologies Group 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 52.79, based on 2,605 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. Progress Technologies Group's current Days Payable of 25.47 is 51.8% 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 Progress Technologies Group and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Technologies Group's current Days Payable is 25.47, which is 26% above median its own 10-year median of 20.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Technologies Group stock overvalued right now?
Progress Technologies Group (TSE:339A) has a current Days Payable of 25.47. The current Days Payable is 25.47, which is 26% above median its 10-year median of 20.22 and 51.8% below the Software industry median of 52.79. Progress Technologies Group's overall GF Score™ is 18/100 with 1 warning sign 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 Progress Technologies Group (TSE:339A), the current Days Payable is 25.47 as of Feb. 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.
Progress Technologies Group Inc Providing cutting-edge technology at a one-stop service for the design and R&D departments of major manufacturing companies, and offering solutions that lead to successful digital transformation for companies.
18GF Score
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