HighCom (ASX:HCL) Days Payable: 108.99 (As of Dec. 2025) — 33% Below Median


ASX:HCL HighCom Ltd ASX:HCL
53 GF Score
Price A$0.11
GF Value A$0.20
Valuation Possible Value Trap
! 2 Warning Signs
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What is HighCom Days Payable?

HighCom ASX:HCL 53 Days Payable is 108.99 as of Dec. 2025, which is 33% below its 10-year median of 163.29. GuruFocus rates ASX:HCL with a GF Score™ of 53/100 and a GF Value™ of A$0.20 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 337 Aerospace & Defense companies, HighCom ranks better than 61.13% on this metric.

HighCom's average Accounts Payable for the six months ended in Dec. 2025 was A$5.78 Mil. HighCom's Cost of Goods Sold for the six months ended in Dec. 2025 was A$9.69 Mil. Hence, HighCom's Days Payable for the six months ended in Dec. 2025 was 108.99.

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

ASX:HCL' s Days Payable Range Over the Past 10 Years
Min: 44.35   Med: 163.29   Max: 266.21
Current: 88.16

During the past 13 years, HighCom's highest Days Payable was 266.21. The lowest was 44.35. And the median was 163.29.

ASX:HCL's Days Payable is ranked better than
61.13% of 337 companies
in the Aerospace & Defense industry
Industry Median: 65.05 vs ASX:HCL: 88.16

HighCom's Days Payable increased from Dec. 2024 (67.57) to Dec. 2025 (108.99). It may suggest that HighCom delayed paying its suppliers.


HighCom Days Payable Historical Data

* Premium members only.

The historical data trend for HighCom'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.

HighCom Days Payable Chart

HighCom 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 200.75 266.21 218.06 201.99 70.60

HighCom 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 257.71 49.68 67.57 83.02 108.99

ASX:HCL vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, HighCom'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.


HighCom Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, HighCom's Days Payable distribution charts can be found below:

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


ASX:HCL
53GF Score
HighCom Ltd ASX:HCL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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HighCom 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.

HighCom'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
=( (6.592 + 7.769) / 2 ) / 37.125*365
=7.1805 / 37.125*365
=70.60

HighCom'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
=( (7.769 + 3.799) / 2 ) / 9.685*365 / 2
=5.784 / 9.685*365 / 2
=108.99

* 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 108.99 mean?
HighCom (ASX:HCL) has a Days Payable of 108.99 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 HighCom and its competitors. This is 33% below median its historical median of 163.29. Over the past decade, HighCom's Days Payable has ranged from 44.35 to 266.21. According to the industry distribution chart, HighCom ranks #131 out of 337 companies in the Aerospace & Defense industry, placing it in the top 38.9%.
Is HighCom's Days Payable too high?
HighCom's current Days Payable of 108.99 is 33% below median its 10-year median of 163.29. Over the past 10 years, this metric has ranged from a low of 44.35 to a high of 266.21. The Aerospace & Defense industry median Days Payable is 65.05. HighCom's value of 108.99 is 67.5% above this industry median. Based on the distribution chart, HighCom ranks #131 out of 337 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, HighCom has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HighCom's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, HighCom ranks #131 out of 337 companies for Days Payable. This puts HighCom in the upper half of its industry. The industry median Days Payable is 65.05. HighCom's value of 108.99 is 67.5% above this benchmark. Historically, HighCom's own Days Payable has ranged from 44.35 to 266.21 over the past decade. While the company's 10-year median is 163.29 vs. the industry median of 65.05, HighCom 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. HighCom's current Days Payable of 108.99 is 67.5% 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 HighCom and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HighCom's current Days Payable is 108.99, which is 33% below median its own 10-year median of 163.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HighCom stock overvalued right now?
Based on GuruFocus' analysis, HighCom (ASX:HCL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.20, compared to a current price of A$0.11 — trading 47.5% below its estimated fair value. The current Days Payable is 108.99, which is 33% below median its 10-year median of 163.29 and 67.5% above the Aerospace & Defense industry median of 65.05. HighCom's overall GF Score™ is 53/100 with 2 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 HighCom (ASX:HCL), the current Days Payable is 108.99 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 HighCom (ASX:HCL) Overvalued in 2026?

Based on GuruFocus' analysis, HighCom stock appears to be undervalued. The current stock price of A$0.11 is trading 47.5% below its estimated GF Value™ of A$0.20. GuruFocus considers HighCom to be Possible Value Trap.

Key valuation signals for ASX:HCL:

  • Days Payable: 108.99 (33% below median its 10-year median of 163.29)
  • GF Value™: A$0.20 vs. price of A$0.11 (47.5% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 67.5% above the Aerospace & Defense median (#131 of 337)

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


HighCom Business Description

Other Exchanges X9L0:Germany
Address 3 Faulding Street, Symonston, ACT, AUS, 2609
HighCom Ltd comprises of its two distinct businesses HighCom Armor & HighCom Technology. HighCom Armor designs, manufactures, and supplies military, law enforcement, and first responder customers with personal protection ballistic products and solutions for Body Armour, Ballistic Helmets, and Composite Armour Panels & Platform Structures. HighCom Technology supplies Australian Defence and Security Agencies with Small Uncrewed Arial Systems (SUAS) and Sensor Payloads, and provides local Program, Project and Engineering Management, Systems Integration, Maintenance, Composite Repairs, and Logistics Support Services.
53GF Score

Get the complete analysis for ASX:HCL

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

A$0.11
Price
A$0.20
GF Value