VertexVERX +4.89%61 Days Payable is 46.52 as of Mar. 2026, which is 68% above its 10-year median of 27.62. GuruFocus rates VERX with a GF Score™ of 61/100 and a GF Value™ of $36.71 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,601 Software companies, Vertex ranks worse than 57.05% on this metric.
Vertex's average Accounts Payable for the
three
months ended in Mar. 2026 was $36.6 Mil. Vertex's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $71.8 Mil.
Hence, Vertex's Days Payable for the
three
months ended in Mar. 2026 was 46.52.
The historical rank and industry rank for Vertex's Days Payable or its related term are showing as below:
VERX'
s Days Payable Range Over the Past 10 Years
Min: 21.63 Med: 27.62 Max: 50.45
Current: 43.6
During the past 8 years, Vertex's highest Days Payable was 50.45. The lowest was 21.63. And the median was 27.62.
VERX's Days Payable is ranked worse than 57.05% of 2601
companies
in the Software industry
Industry Median: 54.04
vs VERX: 43.60
Vertex's Days Payable
increased
from Mar. 2025 (43.58) to Mar. 2026 (46.52).
It may suggest that Vertexdelayed paying its suppliers.
Vertex Days Payable Related Terms
Vertex Days Payable Historical Data
* Premium members only.
The historical data trend for Vertex'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.
For the Software - Application subindustry, Vertex'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.
Vertex Days Payable vs Software Industry
For the Software industry and Technology sector, Vertex's Days Payable distribution charts can be found below:
* The bar in red indicates where Vertex'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.
Vertex'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.
Vertex (VERX) has a Days Payable of 46.52 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 Vertex and its competitors. This is 68% above median its historical median of 27.62. Over the past decade, Vertex's Days Payable has ranged from 21.63 to 50.45. According to the industry distribution chart, Vertex ranks #1484 out of 2601 companies in the Software industry, placing it in the top 57.1%.
Is Vertex's Days Payable too high?
Vertex's current Days Payable of 46.52 is 68% above median its 10-year median of 27.62. Over the past 10 years, this metric has ranged from a low of 21.63 to a high of 50.45. The Software industry median Days Payable is 54.04. Vertex's value of 46.52 is 13.9% below this industry median. Based on the distribution chart, Vertex ranks #1484 out of 2601 companies in the Software industry, which is below the industry midpoint. Overall, Vertex has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vertex's Days Payable compare to PLUS and GRND?
According to the Software industry distribution chart, Vertex ranks #1484 out of 2601 companies for Days Payable. This places Vertex in the lower half of its industry. The industry median Days Payable is 54.04. Vertex's value of 46.52 is 13.9% below this benchmark. Historically, Vertex's own Days Payable has ranged from 21.63 to 50.45 over the past decade. While the company's 10-year median is 27.62 vs. the industry median of 54.04, Vertex 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 54.04, based on 2,601 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. Vertex's current Days Payable of 46.52 is 13.9% 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 Vertex and its competitors. For the Software industry, the median Days Payable is 54.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vertex's current Days Payable is 46.52, which is 68% above median its own 10-year median of 27.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertex stock overvalued right now?
Based on GuruFocus' analysis, Vertex (VERX) is currently considered Possible Value Trap. The stock's GF Value™ is $36.71, compared to a current price of $11.37 — trading 69% below its estimated fair value. The current Days Payable is 46.52, which is 68% above median its 10-year median of 27.62 and 13.9% below the Software industry median of 54.04. Vertex's overall GF Score™ is 61/100 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 Vertex (VERX), the current Days Payable is 46.52 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 Vertex (VERX) Overvalued in 2026?
Based on GuruFocus' analysis, Vertex stock appears to be undervalued.
The current stock price of $11.37 is trading 69% below its estimated GF Value™ of $36.71.
GuruFocus considers Vertex to be Possible Value Trap.
Key valuation signals for VERX:
Days Payable: 46.52 (68% above median its 10-year median of 27.62)
GF Value™: $36.71 vs. price of $11.37 (69% below fair value)
Industry Position: 13.9% below the Software median (#1484 of 2601)
No single metric tells the full story. See the VERX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. It provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting, among others. The company derives revenue from software subscriptions.
61GF Score
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