Aspen Group (ASX:APZ) Days Payable: 45.98 (As of Dec. 2025) — 45% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:APZ Aspen Group Ltd ASX:APZ
81 GF Score
Price A$4.97
GF Value A$3.04
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Aspen Group Days Payable?

Aspen Group ASX:APZ +0.61% 81 Days Payable is 45.98 as of Dec. 2025, which is 45% below its 10-year median of 84.29. GuruFocus rates ASX:APZ with a GF Score™ of 81/100 and a GF Value™ of A$3.04 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,571 Real Estate companies, Aspen Group ranks worse than 65.44% on this metric.

Aspen Group's average Accounts Payable for the six months ended in Dec. 2025 was A$7.1 Mil. Aspen Group's Cost of Goods Sold for the six months ended in Dec. 2025 was A$28.1 Mil. Hence, Aspen Group's Days Payable for the six months ended in Dec. 2025 was 45.98.

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

ASX:APZ' s Days Payable Range Over the Past 10 Years
Min: 55.3   Med: 84.29   Max: 162.72
Current: 56.78

During the past 13 years, Aspen Group's highest Days Payable was 162.72. The lowest was 55.30. And the median was 84.29.

ASX:APZ's Days Payable is ranked worse than
65.44% of 1571 companies
in the Real Estate industry
Industry Median: 94.03 vs ASX:APZ: 56.78

Aspen Group's Days Payable declined from Dec. 2024 (84.46) to Dec. 2025 (45.98). It may suggest that Aspen Group accelerated paying its suppliers.


Aspen Group Days Payable Historical Data

* Premium members only.

The historical data trend for Aspen Group'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.

Aspen Group Days Payable Chart

Aspen Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.77 122.76 102.03 56.08 55.38

Aspen Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 127.58 101.21 84.46 59.88 45.98

Aspen Group Days Payable Competitor Comparison

For the Real Estate - Diversified subindustry, Aspen Group'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.


Aspen Group Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Aspen Group's Days Payable distribution charts can be found below:

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


ASX:APZ
81GF Score
Aspen Group Ltd ASX:APZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspen Group 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.

Aspen Group's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (6.733 + 5.244) / 2 ) / 39.472*365
=5.9885 / 39.472*365
=55.38

Aspen Group's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (5.244 + 8.912) / 2 ) / 28.093*365 / 2
=7.078 / 28.093*365 / 2
=45.98

* 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 45.98 mean?
Aspen Group (ASX:APZ) has a Days Payable of 45.98 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aspen Group and its competitors. This is 45% below median its historical median of 84.29. Over the past decade, Aspen Group's Days Payable has ranged from 55.30 to 162.72. According to the industry distribution chart, Aspen Group ranks #1028 out of 1571 companies in the Real Estate industry, placing it in the top 65.4%.
Is Aspen Group's Days Payable too high?
Aspen Group's current Days Payable of 45.98 is 45% below median its 10-year median of 84.29. Over the past 10 years, this metric has ranged from a low of 55.30 to a high of 162.72. The Real Estate industry median Days Payable is 94.03. Aspen Group's value of 45.98 is 51.1% below this industry median. Based on the distribution chart, Aspen Group ranks #1028 out of 1571 companies in the Real Estate industry, which is below the industry midpoint. Overall, Aspen Group has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aspen Group's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Aspen Group ranks #1028 out of 1571 companies for Days Payable. This places Aspen Group in the lower half of its industry. The industry median Days Payable is 94.03. Aspen Group's value of 45.98 is 51.1% below this benchmark. Historically, Aspen Group's own Days Payable has ranged from 55.30 to 162.72 over the past decade. While the company's 10-year median is 84.29 vs. the industry median of 94.03, Aspen Group 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,571 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. Aspen Group's current Days Payable of 45.98 is 51.1% 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 Aspen Group and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Group's current Days Payable is 45.98, which is 45% below median its own 10-year median of 84.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Group stock overvalued right now?
Based on GuruFocus' analysis, Aspen Group (ASX:APZ) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.04, compared to a current price of A$4.97 — trading 63.5% above its estimated fair value. The current Days Payable is 45.98, which is 45% below median its 10-year median of 84.29 and 51.1% below the Real Estate industry median of 94.03. Aspen Group's overall GF Score™ is 81/100 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 Aspen Group (ASX:APZ), the current Days Payable is 45.98 as of Dec. 2025. 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 Aspen Group (ASX:APZ) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Group stock appears to be overvalued. The current stock price of A$4.97 is trading 63.5% above its estimated GF Value™ of A$3.04. GuruFocus considers Aspen Group to be Significantly Overvalued.

Key valuation signals for ASX:APZ:

  • Days Payable: 45.98 (45% below median its 10-year median of 84.29)
  • GF Value™: A$3.04 vs. price of A$4.97 (63.5% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 51.1% below the Real Estate median (#1028 of 1571)

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


Aspen Group Business Description

Other Exchanges AYV1:Germany
Address 285A Crown Street, Suite 21, Surry Hills, Sydney, NSW, AUS, 2010
Aspen Group Ltd is an Australia-based company, engaged in the business of investment in commercial and non-core development assets. It operates through the segment being investment properties within Australia.
81GF Score

Get the complete analysis for ASX:APZ

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

A$4.97
Price
A$3.04
GF Value