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Matrix ITXTAE:MTRX +2.59%92 Days Payable is 38.21 as of Jun. 2026, which is 17% below its 10-year median of 45.92. GuruFocus rates XTAE:MTRX with a GF Score™ of 92/100 and a GF Value™ of ₪86.13 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,609 Software companies, Matrix IT ranks worse than 52.01% on this metric.
Matrix IT's average Accounts Payable for the
three
months ended in Jun. 2026 was ₪725 Mil. Matrix IT's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ₪1,732 Mil.
Hence, Matrix IT's Days Payable for the
three
months ended in Jun. 2026 was 38.21.
The historical rank and industry rank for Matrix IT's Days Payable or its related term are showing as below:
XTAE:MTRX'
s Days Payable Range Over the Past 10 Years
Min: 39.35 Med: 45.92 Max: 66.96
Current: 48.24
During the past 13 years, Matrix IT's highest Days Payable was 66.96. The lowest was 39.35. And the median was 45.92.
XTAE:MTRX's Days Payable is ranked worse than 52.01% of 2609
companies
in the Software industry
Industry Median: 51.7
vs XTAE:MTRX: 48.24
Matrix IT's Days Payable
declined
from Jun. 2025 (48.45) to Jun. 2026 (38.21).
It may suggest that Matrix ITaccelerated paying its suppliers.
The historical data trend for Matrix IT'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.
XTAE:MTRX vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Matrix IT'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.
Matrix IT Days Payable vs Software Industry
For the Software industry and Technology sector, Matrix IT's Days Payable distribution charts can be found below:
* The bar in red indicates where Matrix IT'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.
Matrix IT'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.
Matrix IT (XTAE:MTRX) has a Days Payable of 38.21 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Matrix IT and its competitors. This is 17% below median its historical median of 45.92. Over the past decade, Matrix IT's Days Payable has ranged from 39.35 to 66.96. According to the industry distribution chart, Matrix IT ranks #1357 out of 2609 companies in the Software industry, placing it in the top 52%.
Is Matrix IT's Days Payable too high?
Matrix IT's current Days Payable of 38.21 is 17% below median its 10-year median of 45.92. Over the past 10 years, this metric has ranged from a low of 39.35 to a high of 66.96. The Software industry median Days Payable is 51.70. Matrix IT's value of 38.21 is 26.1% below this industry median. Based on the distribution chart, Matrix IT ranks #1357 out of 2609 companies in the Software industry, which is below the industry midpoint. Overall, Matrix IT has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matrix IT's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Matrix IT ranks #1357 out of 2609 companies for Days Payable. This places Matrix IT in the lower half of its industry. The industry median Days Payable is 51.70. Matrix IT's value of 38.21 is 26.1% below this benchmark. Historically, Matrix IT's own Days Payable has ranged from 39.35 to 66.96 over the past decade. While the company's 10-year median is 45.92 vs. the industry median of 51.70, Matrix IT 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 51.70, based on 2,609 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. Matrix IT's current Days Payable of 38.21 is 26.1% 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 Matrix IT and its competitors. For the Software industry, the median Days Payable is 51.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix IT's current Days Payable is 38.21, which is 17% below median its own 10-year median of 45.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix IT stock overvalued right now?
Based on GuruFocus' analysis, Matrix IT (XTAE:MTRX) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪86.13, compared to a current price of ₪99.92 — trading 16% above its estimated fair value. The current Days Payable is 38.21, which is 17% below median its 10-year median of 45.92 and 26.1% below the Software industry median of 51.70. Matrix IT's overall GF Score™ is 92/100 with 1 warning sign 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 Matrix IT (XTAE:MTRX), the current Days Payable is 38.21 as of Jun. 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 Matrix IT (XTAE:MTRX) Overvalued in 2026?
Based on GuruFocus' analysis, Matrix IT stock appears to be overvalued.
The current stock price of ₪99.92 is trading 16% above its estimated GF Value™ of ₪86.13.
GuruFocus considers Matrix IT to be Modestly Overvalued.
Key valuation signals for XTAE:MTRX:
Days Payable: 38.21 (17% below median its 10-year median of 45.92)
GF Value™: ₪86.13 vs. price of ₪99.92 (16% above fair value)
Industry Position: 26.1% below the Software median (#1357 of 2609)
No single metric tells the full story. See the XTAE:MTRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.
92GF Score
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