IgniteASX:IGN 46 Days Payable is 12.54 as of Dec. 2025, which is 20% below its 10-year median of 15.60. GuruFocus rates ASX:IGN with a GF Score™ of 46/100 and a GF Value™ of A$0.38 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 943 Business Services companies, Ignite ranks worse than 84.52% on this metric.
Ignite's average Accounts Payable for the
six
months ended in Dec. 2025 was A$2.30 Mil. Ignite's Cost of Goods Sold for the
six
months ended in Dec. 2025 was A$33.40 Mil.
Hence, Ignite's Days Payable for the
six
months ended in Dec. 2025 was 12.54.
The historical rank and industry rank for Ignite's Days Payable or its related term are showing as below:
ASX:IGN'
s Days Payable Range Over the Past 10 Years
Min: 8.54 Med: 15.6 Max: 39.93
Current: 12.36
During the past 13 years, Ignite's highest Days Payable was 39.93. The lowest was 8.54. And the median was 15.60.
ASX:IGN's Days Payable is ranked worse than 84.52% of 943
companies
in the Business Services industry
Industry Median: 46.92
vs ASX:IGN: 12.36
Ignite's Days Payable
increased
from Dec. 2024 (11.63) to Dec. 2025 (12.54).
It may suggest that Ignitedelayed paying its suppliers.
Ignite Days Payable Related Terms
Ignite Days Payable Historical Data
* Premium members only.
The historical data trend for Ignite'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.
ASX:IGN vs KFY, RHI, TNET: Days Payable Comparison
For the Staffing & Employment Services subindustry, Ignite'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.
Ignite Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, Ignite's Days Payable distribution charts can be found below:
* The bar in red indicates where Ignite'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.
Ignite'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.
Ignite (ASX:IGN) has a Days Payable of 12.54 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 Ignite and its competitors. This is 20% below median its historical median of 15.60. Over the past decade, Ignite's Days Payable has ranged from 8.54 to 39.93. According to the industry distribution chart, Ignite ranks #797 out of 943 companies in the Business Services industry, placing it in the top 84.5%.
Is Ignite's Days Payable too high?
Ignite's current Days Payable of 12.54 is 20% below median its 10-year median of 15.60. Over the past 10 years, this metric has ranged from a low of 8.54 to a high of 39.93. The Business Services industry median Days Payable is 46.92. Ignite's value of 12.54 is 73.3% below this industry median. Based on the distribution chart, Ignite ranks #797 out of 943 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Ignite has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ignite's Days Payable compare to KFY and RHI?
According to the Business Services industry distribution chart, Ignite ranks #797 out of 943 companies for Days Payable. This places Ignite in the lower half of its industry. The industry median Days Payable is 46.92. Ignite's value of 12.54 is 73.3% below this benchmark. Historically, Ignite's own Days Payable has ranged from 8.54 to 39.93 over the past decade. While the company's 10-year median is 15.60 vs. the industry median of 46.92, Ignite 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 46.92, based on 943 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. Ignite's current Days Payable of 12.54 is 73.3% 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 Ignite and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ignite's current Days Payable is 12.54, which is 20% below median its own 10-year median of 15.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ignite stock overvalued right now?
Based on GuruFocus' analysis, Ignite (ASX:IGN) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.38, compared to a current price of A$0.71 — trading 86.8% above its estimated fair value. The current Days Payable is 12.54, which is 20% below median its 10-year median of 15.60 and 73.3% below the Business Services industry median of 46.92. Ignite's overall GF Score™ is 46/100 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 Ignite (ASX:IGN), the current Days Payable is 12.54 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 Ignite (ASX:IGN) Overvalued in 2026?
Based on GuruFocus' analysis, Ignite stock appears to be overvalued.
The current stock price of A$0.71 is trading 86.8% above its estimated GF Value™ of A$0.38.
GuruFocus considers Ignite to be Significantly Overvalued.
Key valuation signals for ASX:IGN:
Days Payable: 12.54 (20% below median its 10-year median of 15.60)
GF Value™: A$0.38 vs. price of A$0.71 (86.8% above fair value)
Industry Position: 73.3% below the Business Services median (#797 of 943)
No single metric tells the full story. See the ASX:IGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ignite Ltd is a professional employment services provider, specializing in permanent, contract, and temporary placements across all levels of seniority. The company segments include Specialist Recruitment and Managed Services. Its geographic areas are Australia and New Zealand. The company generates maximum revenue from Specialist Recruitment.
46GF Score
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