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KorvestASX:KOV -4.76%73 Days Payable is 38.63 as of Dec. 2025, which is 46% above its 10-year median of 26.38. GuruFocus rates ASX:KOV with a GF Score™ of 73/100 and a GF Value™ of A$11.28 (Significantly Overvalued). Among 2,993 Industrial Products companies, Korvest ranks worse than 81.82% on this metric.
Korvest's average Accounts Payable for the
six
months ended in Dec. 2025 was A$7.9 Mil. Korvest's Cost of Goods Sold for the
six
months ended in Dec. 2025 was A$37.5 Mil.
Hence, Korvest's Days Payable for the
six
months ended in Dec. 2025 was 38.63.
The historical rank and industry rank for Korvest's Days Payable or its related term are showing as below:
ASX:KOV'
s Days Payable Range Over the Past 10 Years
Min: 22.11 Med: 26.38 Max: 36.38
Current: 36.38
During the past 13 years, Korvest's highest Days Payable was 36.38. The lowest was 22.11. And the median was 26.38.
ASX:KOV's Days Payable is ranked worse than 81.82% of 2993
companies
in the Industrial Products industry
Industry Median: 78.04
vs ASX:KOV: 36.38
Korvest's Days Payable
increased
from Dec. 2024 (33.84) to Dec. 2025 (38.63).
It may suggest that Korvestdelayed paying its suppliers.
Korvest Days Payable Related Terms
Korvest Days Payable Historical Data
* Premium members only.
The historical data trend for Korvest'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.
For the Metal Fabrication subindustry, Korvest'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.
Korvest Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Korvest's Days Payable distribution charts can be found below:
* The bar in red indicates where Korvest'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.
Korvest'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.
Korvest (ASX:KOV) has a Days Payable of 38.63 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 Korvest and its competitors. This is 46% above median its historical median of 26.38. Over the past decade, Korvest's Days Payable has ranged from 22.11 to 36.38. According to the industry distribution chart, Korvest ranks #2449 out of 2993 companies in the Industrial Products industry, placing it in the top 81.8%.
Is Korvest's Days Payable too high?
Korvest's current Days Payable of 38.63 is 46% above median its 10-year median of 26.38. Over the past 10 years, this metric has ranged from a low of 22.11 to a high of 36.38. The Industrial Products industry median Days Payable is 78.04. Korvest's value of 38.63 is 50.5% below this industry median. Based on the distribution chart, Korvest ranks #2449 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Korvest has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Korvest's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Korvest ranks #2449 out of 2993 companies for Days Payable. This places Korvest in the lower half of its industry. The industry median Days Payable is 78.04. Korvest's value of 38.63 is 50.5% below this benchmark. Historically, Korvest's own Days Payable has ranged from 22.11 to 36.38 over the past decade. While the company's 10-year median is 26.38 vs. the industry median of 78.04, Korvest 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. Korvest's current Days Payable of 38.63 is 50.5% 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 Korvest and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korvest's current Days Payable is 38.63, which is 46% above median its own 10-year median of 26.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korvest stock overvalued right now?
Based on GuruFocus' analysis, Korvest (ASX:KOV) is currently considered Significantly Overvalued. The stock's GF Value™ is A$11.28, compared to a current price of A$17.02 — trading 50.9% above its estimated fair value. The current Days Payable is 38.63, which is 46% above median its 10-year median of 26.38 and 50.5% below the Industrial Products industry median of 78.04. Korvest's overall GF Score™ is 73/100. 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 Korvest (ASX:KOV), the current Days Payable is 38.63 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 Korvest (ASX:KOV) Overvalued in 2026?
Based on GuruFocus' analysis, Korvest stock appears to be overvalued.
The current stock price of A$17.02 is trading 50.9% above its estimated GF Value™ of A$11.28.
GuruFocus considers Korvest to be Significantly Overvalued.
Key valuation signals for ASX:KOV:
Days Payable: 38.63 (46% above median its 10-year median of 26.38)
GF Value™: A$11.28 vs. price of A$17.02 (50.9% above fair value)
Industry Position: 50.5% below the Industrial Products median (#2449 of 2993)
No single metric tells the full story. See the ASX:KOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Korvest Ltd is an Australia-based company principally engaged in the industrial products manufacturing business. The activities of the Company consist of hot dip galvanizing, sheet metal fabrication, and the manufacture of cable and pipe support systems and fittings. The group has two reportable segments: The Industrial products Segment includes the manufacture of electrical and cable support systems, steel fabrication, and access systems which also includes the sale, hire, and repair of high torque tools; and the Production Segment, which provides hot dip galvanizing services. The company drives a majority of its revenue from the Industrial products segment.
73GF Score
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