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HiTech Group AustraliaASX:HIT +2.17%77 Days Payable is 15.70 as of Dec. 2025, which is 276% above its 10-year median of 4.18. GuruFocus rates ASX:HIT with a GF Score™ of 77/100 and a GF Value™ of A$1.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 945 Business Services companies, HiTech Group Australia ranks worse than 77.14% on this metric.
* 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.
ASX:HIT vs KFY, RHI, TNET: Days Payable Comparison
For the Staffing & Employment Services subindustry, HiTech Group Australia'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.
HiTech Group Australia Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, HiTech Group Australia's Days Payable distribution charts can be found below:
* The bar in red indicates where HiTech Group Australia'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.
HiTech Group Australia's Days Payable for the fiscal year that ended in Jun. 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.
HiTech Group Australia (ASX:HIT) has a Days Payable of 15.70 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 HiTech Group Australia and its competitors. This is 276% above median its historical median of 4.18. Over the past decade, HiTech Group Australia's Days Payable has ranged from 1.66 to 17.73. According to the industry distribution chart, HiTech Group Australia ranks #729 out of 945 companies in the Business Services industry, placing it in the top 77.1%.
Is HiTech Group Australia's Days Payable too high?
HiTech Group Australia's current Days Payable of 15.70 is 276% above median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 17.73. The Business Services industry median Days Payable is 46.11. HiTech Group Australia's value of 15.70 is 66% below this industry median. Based on the distribution chart, HiTech Group Australia ranks #729 out of 945 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, HiTech Group Australia has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HiTech Group Australia's Days Payable compare to KFY and RHI?
According to the Business Services industry distribution chart, HiTech Group Australia ranks #729 out of 945 companies for Days Payable. This places HiTech Group Australia in the lower half of its industry. The industry median Days Payable is 46.11. HiTech Group Australia's value of 15.70 is 66% below this benchmark. Historically, HiTech Group Australia's own Days Payable has ranged from 1.66 to 17.73 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 46.11, HiTech Group Australia 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 Business Services company?
The median Days Payable among Business Services companies is 46.11, based on 945 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. HiTech Group Australia's current Days Payable of 15.70 is 66% 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 HiTech Group Australia and its competitors. For the Business Services industry, the median Days Payable is 46.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HiTech Group Australia's current Days Payable is 15.70, which is 276% above median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HiTech Group Australia stock overvalued right now?
Based on GuruFocus' analysis, HiTech Group Australia (ASX:HIT) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.89, compared to a current price of A$0.94 — trading 50.3% below its estimated fair value. The current Days Payable is 15.70, which is 276% above median its 10-year median of 4.18 and 66% below the Business Services industry median of 46.11. HiTech Group Australia's overall GF Score™ is 77/100 with 5 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 HiTech Group Australia (ASX:HIT), the current Days Payable is 15.70 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 HiTech Group Australia (ASX:HIT) Overvalued in 2026?
Based on GuruFocus' analysis, HiTech Group Australia stock appears to be undervalued.
The current stock price of A$0.94 is trading 50.3% below its estimated GF Value™ of A$1.89.
GuruFocus considers HiTech Group Australia to be Possible Value Trap.
Key valuation signals for ASX:HIT:
Days Payable: 15.70 (276% above median its 10-year median of 4.18)
GF Value™: A$1.89 vs. price of A$0.94 (50.3% below fair value)
Industry Position: 66% below the Business Services median (#729 of 945)
No single metric tells the full story. See the ASX:HIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance, and Office Support professionals. Its main business comes from IT contracting/consulting.
77GF Score
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