Haivision Systems (TSX:HAI) Days Payable: 75.97 (As of Apr. 2026) — 19% Below Median


TSX:HAI Haivision Systems Inc TSX:HAI
85 GF Score
Price C$4.60
GF Value C$5.18
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Haivision Systems Days Payable?

Haivision Systems TSX:HAI -1.50% 85 Days Payable is 75.97 as of Apr. 2026, which is 19% below its 10-year median of 94.22. GuruFocus rates TSX:HAI with a GF Score™ of 85/100 and a GF Value™ of C$5.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,602 Software companies, Haivision Systems ranks better than 63.18% on this metric.

Haivision Systems's average Accounts Payable for the three months ended in Apr. 2026 was C$8.4 Mil. Haivision Systems's Cost of Goods Sold for the three months ended in Apr. 2026 was C$10.1 Mil. Hence, Haivision Systems's Days Payable for the three months ended in Apr. 2026 was 75.97.

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

TSX:HAI' s Days Payable Range Over the Past 10 Years
Min: 62.37   Med: 94.22   Max: 135.48
Current: 81.6

During the past 9 years, Haivision Systems's highest Days Payable was 135.48. The lowest was 62.37. And the median was 94.22.

TSX:HAI's Days Payable is ranked better than
63.18% of 2602 companies
in the Software industry
Industry Median: 53.825 vs TSX:HAI: 81.60

Haivision Systems's Days Payable declined from Apr. 2025 (107.25) to Apr. 2026 (75.97). It may suggest that Haivision Systems accelerated paying its suppliers.


Haivision Systems Days Payable Historical Data

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The historical data trend for Haivision 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.

Haivision Systems Days Payable Chart

Haivision Systems Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
Get a 7-Day Free Trial Premium Member Only 96.48 79.76 85.13 98.19 94.22

Haivision Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 107.25 90.93 74.07 71.67 75.97

TSX:HAI vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Haivision 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.


Haivision Systems Days Payable vs Software Industry

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

* The bar in red indicates where Haivision Systems's Days Payable falls into.


TSX:HAI
85GF Score
Haivision Systems Inc TSX:HAI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Haivision Systems 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.

Haivision Systems's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (9.907 + 9.624) / 2 ) / 37.831*365
=9.7655 / 37.831*365
=94.22

Haivision Systems's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (6.707 + 10.156) / 2 ) / 10.127*365 / 4
=8.4315 / 10.127*365 / 4
=75.97

* 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 75.97 mean?
Haivision Systems (TSX:HAI) has a Days Payable of 75.97 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 Haivision Systems and its competitors. This is 19% below median its historical median of 94.22. Over the past decade, Haivision Systems' Days Payable has ranged from 62.37 to 135.48. According to the industry distribution chart, Haivision Systems ranks #958 out of 2602 companies in the Software industry, placing it in the top 36.8%.
Is Haivision Systems' Days Payable too high?
Haivision Systems' current Days Payable of 75.97 is 19% below median its 10-year median of 94.22. Over the past 10 years, this metric has ranged from a low of 62.37 to a high of 135.48. The Software industry median Days Payable is 53.83. Haivision Systems' value of 75.97 is 41.1% above this industry median. Based on the distribution chart, Haivision Systems ranks #958 out of 2602 companies in the Software industry, which is above the industry midpoint. Overall, Haivision Systems has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haivision Systems' Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Haivision Systems ranks #958 out of 2602 companies for Days Payable. This puts Haivision Systems in the upper half of its industry. The industry median Days Payable is 53.83. Haivision Systems' value of 75.97 is 41.1% above this benchmark. Historically, Haivision Systems' own Days Payable has ranged from 62.37 to 135.48 over the past decade. While the company's 10-year median is 94.22 vs. the industry median of 53.83, Haivision Systems 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 53.83, based on 2,602 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. Haivision Systems's current Days Payable of 75.97 is 41.1% 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 Haivision Systems and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haivision Systems's current Days Payable is 75.97, which is 19% below median its own 10-year median of 94.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haivision Systems stock overvalued right now?
Based on GuruFocus' analysis, Haivision Systems (TSX:HAI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$5.18, compared to a current price of C$4.60 — trading 11.2% below its estimated fair value. The current Days Payable is 75.97, which is 19% below median its 10-year median of 94.22 and 41.1% above the Software industry median of 53.83. Haivision Systems' overall GF Score™ is 85/100 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 Haivision Systems (TSX:HAI), the current Days Payable is 75.97 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 Haivision Systems (TSX:HAI) Overvalued in 2026?

Based on GuruFocus' analysis, Haivision Systems stock appears to be undervalued. The current stock price of C$4.60 is trading 11.2% below its estimated GF Value™ of C$5.18. GuruFocus considers Haivision Systems to be Modestly Undervalued.

Key valuation signals for TSX:HAI:

  • Days Payable: 75.97 (19% below median its 10-year median of 94.22)
  • GF Value™: C$5.18 vs. price of C$4.60 (11.2% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 41.1% above the Software median (#958 of 2602)

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


Haivision Systems Business Description

Other Exchanges HAIVF:USA
Address 2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9
Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.
85GF Score

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

C$4.60
Price
C$5.18
GF Value