Comms Group (ASX:CCG) Days Payable: 128.99 (As of Jun. 2026) — 164% Above Median

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What is Comms Group Days Payable?

Comms Group ASX:CCG +2.41% Days Payable is 128.99 as of Jun. 2026, which is 164% above its 10-year median of 48.80. The stock has 9 warning signs investors should review. Among 2,604 Software companies, Comms Group ranks better than 59.68% on this metric.

Comms Group's average Accounts Payable for the six months ended in Jun. 2026 was A$5.93 Mil. Comms Group's Cost of Goods Sold for the six months ended in Jun. 2026 was A$8.39 Mil. Hence, Comms Group's Days Payable for the six months ended in Jun. 2026 was 128.99.

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

ASX:CCG' s Days Payable Range Over the Past 10 Years
Min: 27.33   Med: 48.8   Max: 173.91
Current: 70.71

During the past 9 years, Comms Group's highest Days Payable was 173.91. The lowest was 27.33. And the median was 48.80.

ASX:CCG's Days Payable is ranked better than
59.68% of 2604 companies
in the Software industry
Industry Median: 51.715 vs ASX:CCG: 70.71

Comms Group's Days Payable increased from Jun. 2025 (65.35) to Jun. 2026 (128.99). It may suggest that Comms Group delayed paying its suppliers.


Comms Group Days Payable Historical Data

* Premium members only.

The historical data trend for Comms 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.

Comms Group Days Payable Chart

Comms Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Days Payable
Get a 7-Day Free Trial Premium Member Only 42.04 44.86 48.80 53.25 49.67

Comms Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 50.87 69.50 65.35 61.01 128.99

ASX:CCG vs IBM, ACN, CTSH: Days Payable Comparison

For the Information Technology Services subindustry, Comms 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.


Comms Group Days Payable vs Software Industry

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

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



Comms 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.

Comms Group's Days Payable for the fiscal year that ended in Jun. 2026 is calculated as

Days Payable (A: Jun. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2025 ) + Accounts Payable (A: Jun. 2026 )) / count ) / Cost of Goods Sold (A: Jun. 2026 )*Days in Period
=( (4.529 + 3.143) / 2 ) / 28.19*365
=3.836 / 28.19*365
=49.67

Comms Group's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (8.711 + 3.143) / 2 ) / 8.386*365 / 2
=5.927 / 8.386*365 / 2
=128.99

* 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 128.99 mean?
Comms Group (ASX:CCG) has a Days Payable of 128.99 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 Comms Group and its competitors. This is 164% above median its historical median of 48.80. Over the past decade, Comms Group's Days Payable has ranged from 27.33 to 173.91. According to the industry distribution chart, Comms Group ranks #1050 out of 2604 companies in the Software industry, placing it in the top 40.3%.
Is Comms Group's Days Payable too high?
Comms Group's current Days Payable of 128.99 is 164% above median its 10-year median of 48.80. Over the past 10 years, this metric has ranged from a low of 27.33 to a high of 173.91. The Software industry median Days Payable is 51.72. Comms Group's value of 128.99 is 149.4% above this industry median. Based on the distribution chart, Comms Group ranks #1050 out of 2604 companies in the Software industry, which is above the industry midpoint.
How does Comms Group's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Comms Group ranks #1050 out of 2604 companies for Days Payable. This puts Comms Group in the upper half of its industry. The industry median Days Payable is 51.72. Comms Group's value of 128.99 is 149.4% above this benchmark. Historically, Comms Group's own Days Payable has ranged from 27.33 to 173.91 over the past decade. While the company's 10-year median is 48.80 vs. the industry median of 51.72, Comms Group 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 51.72, based on 2,604 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. Comms Group's current Days Payable of 128.99 is 149.4% 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 Comms Group and its competitors. For the Software industry, the median Days Payable is 51.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comms Group's current Days Payable is 128.99, which is 164% above median its own 10-year median of 48.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comms Group stock overvalued right now?
Based on GuruFocus' analysis, Comms Group (ASX:CCG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.05, compared to a current price of A$0.09 — trading 70% above its estimated fair value. The current Days Payable is 128.99, which is 164% above median its 10-year median of 48.80 and 149.4% above the Software industry median of 51.72. 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 Comms Group (ASX:CCG), the current Days Payable is 128.99 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.

Comms Group Business Description

Address 45 Clarence Street, Level 1, Suite 1.02, Sydney, NSW, AUS, 2000
Comms Group Ltd is a telecommunications and managed IT services business, providing a comprehensive range of information and communications technology solutions for enterprises and government. The principal activities of the company are the provision of a full range of Information Technology (IT) managed services including IT managed services, cloud hosting, cloud computing or IaaS (Infrastructure as a Service) as well as telecommunications solutions incorporating connectivity, internet access, wide area network (WAN) and cloud UCaaS (unified communications). It services clients across Australia and internationally, focusing on APAC. It has four operating segments including Global (International, Wholesale and Enterprise), SME, ICT and TasmaNet.