iCetana (ASX:ICE) Days Payable: 150.47 (As of Dec. 2025) — 58% Above Median


What is iCetana Days Payable?

iCetana ASX:ICE -2.94% Days Payable is 150.47 as of Dec. 2025, which is 58% above its 10-year median of 95.41. The stock has 3 warning signs investors should review. Among 2,601 Software companies, iCetana ranks better than 80.16% on this metric.

iCetana's average Accounts Payable for the six months ended in Dec. 2025 was A$0.12 Mil. iCetana's Cost of Goods Sold for the six months ended in Dec. 2025 was A$0.15 Mil. Hence, iCetana's Days Payable for the six months ended in Dec. 2025 was 150.47.

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

ASX:ICE' s Days Payable Range Over the Past 10 Years
Min: 17.69   Med: 95.41   Max: 863.16
Current: 167.79

During the past 7 years, iCetana's highest Days Payable was 863.16. The lowest was 17.69. And the median was 95.41.

ASX:ICE's Days Payable is ranked better than
80.16% of 2601 companies
in the Software industry
Industry Median: 54.04 vs ASX:ICE: 167.79

iCetana's Days Payable increased from Dec. 2024 (145.58) to Dec. 2025 (150.47). It may suggest that iCetana delayed paying its suppliers.


iCetana Days Payable Historical Data

* Premium members only.

The historical data trend for iCetana'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.

iCetana Days Payable Chart

iCetana Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial 143.63 87.24 103.58 17.69 59.30

iCetana Semi-Annual Data
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 24.10 51.78 145.58 131.92 150.47

ASX:ICE vs CRM, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, iCetana'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.


iCetana Days Payable vs Software Industry

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

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



iCetana 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.

iCetana'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
=( (0.063 + 0.053) / 2 ) / 0.357*365
=0.058 / 0.357*365
=59.30

iCetana'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
=( (0.053 + 0.196) / 2 ) / 0.151*365 / 2
=0.1245 / 0.151*365 / 2
=150.47

* 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 150.47 mean?
iCetana (ASX:ICE) has a Days Payable of 150.47 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 iCetana and its competitors. This is 58% above median its historical median of 95.41. Over the past decade, iCetana's Days Payable has ranged from 17.69 to 863.16. According to the industry distribution chart, iCetana ranks #516 out of 2601 companies in the Software industry, placing it in the top 19.8%.
Is iCetana's Days Payable too high?
iCetana's current Days Payable of 150.47 is 58% above median its 10-year median of 95.41. Over the past 10 years, this metric has ranged from a low of 17.69 to a high of 863.16. The Software industry median Days Payable is 54.04. iCetana's value of 150.47 is 178.4% above this industry median. Based on the distribution chart, iCetana ranks #516 out of 2601 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does iCetana's Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, iCetana ranks #516 out of 2601 companies for Days Payable. This places iCetana in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.04. iCetana's value of 150.47 is 178.4% above this benchmark. Historically, iCetana's own Days Payable has ranged from 17.69 to 863.16 over the past decade. While the company's 10-year median is 95.41 vs. the industry median of 54.04, iCetana 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 54.04, based on 2,601 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. iCetana's current Days Payable of 150.47 is 178.4% 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 iCetana and its competitors. For the Software industry, the median Days Payable is 54.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iCetana's current Days Payable is 150.47, which is 58% above median its own 10-year median of 95.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iCetana stock overvalued right now?
Based on GuruFocus' analysis, iCetana (ASX:ICE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.03 — trading 230% above its estimated fair value. The current Days Payable is 150.47, which is 58% above median its 10-year median of 95.41 and 178.4% above the Software industry median of 54.04. 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 iCetana (ASX:ICE), the current Days Payable is 150.47 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.

iCetana Business Description

Address 152 St Georges Terrace, Level 32, Perth, WA, AUS, 6000
iCetana Ltd develops and sells AI-assisted video surveillance software that uses machine learning technology to provide automatic real-time anomalous event detection. Its products include Safety and Security, Analytics, Forensic Quick Find, Facial Recognition, Licence Plate Recognition, and GPT Agents. The company operates through three segments: Asia Pacific (APAC), responsible for sales, marketing, and product development in Australia and the broader Asia Pacific region; North America (NA), managing sales and marketing in the United States and Canada; and Europe, Middle East & Africa (EMEA), handling sales and marketing efforts across Europe, the Middle East, and Africa. The majority of revenue comes from the Asia Pacific (APAC) segment.