DoceboTSX:DCBO +1.26%62 Days Payable is 247.30 as of Mar. 2026, which is 23% below its 10-year median of 321.00. GuruFocus rates TSX:DCBO with a GF Score™ of 62/100 and a GF Value™ of C$84.11 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,600 Software companies, Docebo ranks better than 87.35% on this metric.
Docebo's average Accounts Payable for the
three
months ended in Mar. 2026 was C$53.4 Mil. Docebo's Cost of Goods Sold for the
three
months ended in Mar. 2026 was C$19.7 Mil.
Hence, Docebo's Days Payable for the
three
months ended in Mar. 2026 was 247.30.
The historical rank and industry rank for Docebo's Days Payable or its related term are showing as below:
TSX:DCBO'
s Days Payable Range Over the Past 10 Years
Min: 272.56 Med: 321 Max: 410.9
Current: 272.56
During the past 10 years, Docebo's highest Days Payable was 410.90. The lowest was 272.56. And the median was 321.00.
TSX:DCBO's Days Payable is ranked better than 87.35% of 2600
companies
in the Software industry
Industry Median: 54.025
vs TSX:DCBO: 272.56
Docebo's Days Payable
declined
from Mar. 2025 (273.82) to Mar. 2026 (247.30).
It may suggest that Doceboaccelerated paying its suppliers.
Docebo Days Payable Related Terms
Docebo Days Payable Historical Data
* Premium members only.
The historical data trend for Docebo'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.
TSX:DCBO vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, Docebo'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.
Docebo Days Payable vs Software Industry
For the Software industry and Technology sector, Docebo's Days Payable distribution charts can be found below:
* The bar in red indicates where Docebo'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.
Docebo's Days Payable for the fiscal year that ended in Dec. 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.
Docebo (TSX:DCBO) has a Days Payable of 247.30 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 Docebo and its competitors. This is 23% below median its historical median of 321.00. Over the past decade, Docebo's Days Payable has ranged from 272.56 to 410.90. According to the industry distribution chart, Docebo ranks #329 out of 2600 companies in the Software industry, placing it in the top 12.7%.
Is Docebo's Days Payable too high?
Docebo's current Days Payable of 247.30 is 23% below median its 10-year median of 321.00. Over the past 10 years, this metric has ranged from a low of 272.56 to a high of 410.90. The Software industry median Days Payable is 54.03. Docebo's value of 247.30 is 357.8% above this industry median. Based on the distribution chart, Docebo ranks #329 out of 2600 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Docebo 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 Docebo's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Docebo ranks #329 out of 2600 companies for Days Payable. This places Docebo in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.03. Docebo's value of 247.30 is 357.8% above this benchmark. Historically, Docebo's own Days Payable has ranged from 272.56 to 410.90 over the past decade. While the company's 10-year median is 321.00 vs. the industry median of 54.03, Docebo 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 54.03, based on 2,600 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. Docebo's current Days Payable of 247.30 is 357.8% 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 Docebo and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docebo's current Days Payable is 247.30, which is 23% below median its own 10-year median of 321.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Docebo stock overvalued right now?
Based on GuruFocus' analysis, Docebo (TSX:DCBO) is currently considered Possible Value Trap. The stock's GF Value™ is C$84.11, compared to a current price of C$24.93 — trading 70.4% below its estimated fair value. The current Days Payable is 247.30, which is 23% below median its 10-year median of 321.00 and 357.8% above the Software industry median of 54.03. Docebo's overall GF Score™ is 62/100 with 3 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 Docebo (TSX:DCBO), the current Days Payable is 247.30 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 Docebo (TSX:DCBO) Overvalued in 2026?
Based on GuruFocus' analysis, Docebo stock appears to be undervalued.
The current stock price of C$24.93 is trading 70.4% below its estimated GF Value™ of C$84.11.
GuruFocus considers Docebo to be Possible Value Trap.
Key valuation signals for TSX:DCBO:
Days Payable: 247.30 (23% below median its 10-year median of 321.00)
GF Value™: C$84.11 vs. price of C$24.93 (70.4% below fair value)
Industry Position: 357.8% above the Software median (#329 of 2600)
No single metric tells the full story. See the TSX:DCBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Docebo Inc is a provider of cloud-based learning management systems. The solutions provided by the company allow learning administrators to deliver scalable and flexible personalized learning experiences, from formal training to social learning to multiple internal, external, and blended audiences. The group provides an easy-to-use, configurable, and affordable learning platform with the end-to-end capabilities and critical functionality needed to train both internal and external workforces, partners, and customers. The majority of the revenue is derived from customers based in North America.
62GF Score
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