Tecsys (TSX:TCS) Days Payable: 19.27 (As of Apr. 2026) — 14% Below Median


TSX:TCS Tecsys Inc TSX:TCS
80 GF Score
Price C$33.90
GF Value C$40.35
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tecsys Days Payable?

Tecsys TSX:TCS -1.31% 80 Days Payable is 19.27 as of Apr. 2026, which is 14% below its 10-year median of 22.45. GuruFocus rates TSX:TCS with a GF Score™ of 80/100 and a GF Value™ of C$40.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,605 Software companies, Tecsys ranks worse than 76.55% on this metric.

Tecsys's average Accounts Payable for the three months ended in Apr. 2026 was C$5.1 Mil. Tecsys's Cost of Goods Sold for the three months ended in Apr. 2026 was C$24.0 Mil. Hence, Tecsys's Days Payable for the three months ended in Apr. 2026 was 19.27.

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

TSX:TCS' s Days Payable Range Over the Past 10 Years
Min: 19.57   Med: 22.45   Max: 23.06
Current: 23.05

During the past 13 years, Tecsys's highest Days Payable was 23.06. The lowest was 19.57. And the median was 22.45.

TSX:TCS's Days Payable is ranked worse than
76.55% of 2605 companies
in the Software industry
Industry Median: 52.79 vs TSX:TCS: 23.05

Tecsys's Days Payable declined from Apr. 2025 (27.12) to Apr. 2026 (19.27). It may suggest that Tecsys accelerated paying its suppliers.


Tecsys Days Payable Historical Data

* Premium members only.

The historical data trend for Tecsys'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.

Tecsys Days Payable Chart

Tecsys Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.57 23.06 22.45 22.49 23.05

Tecsys 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 27.12 27.51 0.00 0.00 19.27

TSX:TCS vs UBER, SHOP, CRM: Days Payable Comparison

For the Software - Application subindustry, Tecsys'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.


Tecsys Days Payable vs Software Industry

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

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


TSX:TCS
80GF Score
Tecsys Inc TSX:TCS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tecsys 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.

Tecsys's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as

Days Payable (A: Apr. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2025 ) + Accounts Payable (A: Apr. 2026 )) / count ) / Cost of Goods Sold (A: Apr. 2026 )*Days in Period
=( (6.75 + 5.073) / 2 ) / 93.594*365
=5.9115 / 93.594*365
=23.05

Tecsys'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
=( (0 + 5.073) / 1 ) / 24.02*365 / 4
=5.073 / 24.02*365 / 4
=19.27

* 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 19.27 mean?
Tecsys (TSX:TCS) has a Days Payable of 19.27 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 Tecsys and its competitors. This is 14% below median its historical median of 22.45. Over the past decade, Tecsys' Days Payable has ranged from 19.57 to 23.06. According to the industry distribution chart, Tecsys ranks #1994 out of 2605 companies in the Software industry, placing it in the top 76.5%.
Is Tecsys' Days Payable too high?
Tecsys' current Days Payable of 19.27 is 14% below median its 10-year median of 22.45. Over the past 10 years, this metric has ranged from a low of 19.57 to a high of 23.06. The Software industry median Days Payable is 52.79. Tecsys' value of 19.27 is 63.5% below this industry median. Based on the distribution chart, Tecsys ranks #1994 out of 2605 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Tecsys has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tecsys' Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Tecsys ranks #1994 out of 2605 companies for Days Payable. This places Tecsys in the lower half of its industry. The industry median Days Payable is 52.79. Tecsys' value of 19.27 is 63.5% below this benchmark. Historically, Tecsys' own Days Payable has ranged from 19.57 to 23.06 over the past decade. While the company's 10-year median is 22.45 vs. the industry median of 52.79, Tecsys 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. Tecsys's current Days Payable of 19.27 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 Tecsys 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. Tecsys's current Days Payable is 19.27, which is 14% below median its own 10-year median of 22.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecsys stock overvalued right now?
Based on GuruFocus' analysis, Tecsys (TSX:TCS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$40.35, compared to a current price of C$33.90 — trading 16% below its estimated fair value. The current Days Payable is 19.27, which is 14% below median its 10-year median of 22.45 and 63.5% below the Software industry median of 52.79. Tecsys' overall GF Score™ is 80/100 with 6 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 Tecsys (TSX:TCS), the current Days Payable is 19.27 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 Tecsys (TSX:TCS) Overvalued in 2026?

Based on GuruFocus' analysis, Tecsys stock appears to be undervalued. The current stock price of C$33.90 is trading 16% below its estimated GF Value™ of C$40.35. GuruFocus considers Tecsys to be Modestly Undervalued.

Key valuation signals for TSX:TCS:

  • Days Payable: 19.27 (14% below median its 10-year median of 22.45)
  • GF Value™: C$40.35 vs. price of C$33.90 (16% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 63.5% below the Software median (#1994 of 2605)

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


Tecsys Business Description

Other Exchanges TCYSF:USA9T1:Germany
Address 1 Place Alexis Nihon, Suite 800, Montreal, QC, CAN, H3Z 3B8
Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use, and order management. It also provides related consulting, education, and support services. The company serves healthcare systems, services parts, third-party logistics, retail, and general wholesale distribution industries. Geographically, it derives a majority of its revenue from the United States and also has a presence in Canada, Europe, and other regions.
80GF Score

Get the complete analysis for TSX:TCS

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

C$33.90
Price
C$40.35
GF Value