VQSSF (VIQ Solutions) Days Payable: 117.07 (As of Mar. 2026) — 14% Above Median


What is VIQ Solutions Days Payable?

VIQ Solutions VQSSF Days Payable is 117.07 as of Mar. 2026, which is 14% above its 10-year median of 102.36. The stock has 8 warning signs investors should review. Among 2,601 Software companies, VIQ Solutions ranks better than 78.28% on this metric.

VIQ Solutions's average Accounts Payable for the three months ended in Mar. 2026 was $6.16 Mil. VIQ Solutions's Cost of Goods Sold for the three months ended in Mar. 2026 was $4.81 Mil. Hence, VIQ Solutions's Days Payable for the three months ended in Mar. 2026 was 117.07.

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

VQSSF' s Days Payable Range Over the Past 10 Years
Min: 60.78   Med: 102.36   Max: 151.93
Current: 151.93

During the past 13 years, VIQ Solutions's highest Days Payable was 151.93. The lowest was 60.78. And the median was 102.36.

VQSSF's Days Payable is ranked better than
78.28% of 2601 companies
in the Software industry
Industry Median: 54.04 vs VQSSF: 151.93

VIQ Solutions's Days Payable increased from Dec. 2024 (90.30) to Mar. 2026 (117.07). It may suggest that VIQ Solutions delayed paying its suppliers.


VIQ Solutions Days Payable Historical Data

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The historical data trend for VIQ Solutions'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.

VIQ Solutions Days Payable Chart

VIQ Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.35 88.65 97.23 91.05 100.75

VIQ Solutions Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
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 90.30 112.44 120.20 114.47 117.07

VQSSF vs CRM, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, VIQ Solutions'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.


VIQ Solutions Days Payable vs Software Industry

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

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



VIQ Solutions 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.

VIQ Solutions's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (5.673 + 5.988) / 2 ) / 21.122*365
=5.8305 / 21.122*365
=100.75

VIQ Solutions's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5.988 + 6.341) / 2 ) / 4.805*365 / 4
=6.1645 / 4.805*365 / 4
=117.07

* 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 117.07 mean?
VIQ Solutions (VQSSF) has a Days Payable of 117.07 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 VIQ Solutions and its competitors. This is 14% above median its historical median of 102.36. Over the past decade, VIQ Solutions' Days Payable has ranged from 60.78 to 151.93. According to the industry distribution chart, VIQ Solutions ranks #565 out of 2601 companies in the Software industry, placing it in the top 21.7%.
Is VIQ Solutions' Days Payable too high?
VIQ Solutions' current Days Payable of 117.07 is 14% above median its 10-year median of 102.36. Over the past 10 years, this metric has ranged from a low of 60.78 to a high of 151.93. The Software industry median Days Payable is 54.04. VIQ Solutions' value of 117.07 is 116.6% above this industry median. Based on the distribution chart, VIQ Solutions ranks #565 out of 2601 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does VIQ Solutions' Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, VIQ Solutions ranks #565 out of 2601 companies for Days Payable. This places VIQ Solutions in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.04. VIQ Solutions' value of 117.07 is 116.6% above this benchmark. Historically, VIQ Solutions' own Days Payable has ranged from 60.78 to 151.93 over the past decade. While the company's 10-year median is 102.36 vs. the industry median of 54.04, VIQ Solutions 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 54.04, 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. VIQ Solutions's current Days Payable of 117.07 is 116.6% 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 VIQ Solutions 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. VIQ Solutions's current Days Payable is 117.07, which is 14% above median its own 10-year median of 102.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIQ Solutions stock overvalued right now?
Based on GuruFocus' analysis, VIQ Solutions (VQSSF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.06, compared to a current price of $0.05 — trading 22.7% below its estimated fair value. The current Days Payable is 117.07, which is 14% above median its 10-year median of 102.36 and 116.6% above the Software industry median of 54.04. 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 VIQ Solutions (VQSSF), the current Days Payable is 117.07 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.

VIQ Solutions Business Description

Other Exchanges VQS:Canada
Address 35 West Pearce Street, Unit 12 & 13, Richmond Hill, ON, CAN, L4B 3A9
VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management. The reportable segments of the company are technology and related revenue, which develop, distribute, and license computer-based digital solutions, and the technology services, which provide recording and transcription services. It derives the majority of its revenue from Australia and also has its presence in the United States, the United Kingdom, Canada, and other countries. The firm generates the majority of its revenue from providing Technology services.