Locate Technologies (ASX:LOC) Days Payable: 1,181.48 (As of Jun. 2025) — 150% Above Median


What is Locate Technologies Days Payable?

Locate Technologies ASX:LOC Days Payable is 1,181.48 as of Jun. 2025, which is 150% above its 10-year median of 472.04. The stock has 3 warning signs investors should review. Among 2,604 Software companies, Locate Technologies ranks better than 95.05% on this metric.

Locate Technologies's average Accounts Payable for the six months ended in Jun. 2025 was A$0.87 Mil. Locate Technologies's Cost of Goods Sold for the six months ended in Jun. 2025 was A$0.13 Mil. Hence, Locate Technologies's Days Payable for the six months ended in Jun. 2025 was 1,181.48.

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

ASX:LOC' s Days Payable Range Over the Past 10 Years
Min: 388.89   Med: 472.04   Max: 1485.81
Current: 811.37

During the past 4 years, Locate Technologies's highest Days Payable was 1485.81. The lowest was 388.89. And the median was 472.04.

ASX:LOC's Days Payable is ranked better than
95.05% of 2604 companies
in the Software industry
Industry Median: 53.955 vs ASX:LOC: 811.37

Locate Technologies's Days Payable increased from Jun. 2024 (649.64) to Jun. 2025 (1,181.48). It may suggest that Locate Technologies delayed paying its suppliers.


Locate Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Locate Technologies'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.

Locate Technologies Days Payable Chart

Locate Technologies Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Days Payable
1,485.81 495.59 388.89 448.48

Locate Technologies Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Days Payable Get a 7-Day Free Trial Premium Member Only 692.23 577.04 649.64 854.66 1,181.48

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

For the Software - Application subindustry, Locate Technologies'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.


Locate Technologies Days Payable vs Software Industry

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

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



Locate Technologies 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.

Locate Technologies'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
=( (0.379 + 0.4) / 2 ) / 0.317*365
=0.3895 / 0.317*365
=448.48

Locate Technologies's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (1.335 + 0.4) / 2 ) / 0.134*365 / 2
=0.8675 / 0.134*365 / 2
=1,181.48

* 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 1,181.48 mean?
Locate Technologies (ASX:LOC) has a Days Payable of 1,181.48 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Locate Technologies and its competitors. This is 150% above median its historical median of 472.04. Over the past decade, Locate Technologies' Days Payable has ranged from 388.89 to 1,485.81. According to the industry distribution chart, Locate Technologies ranks #129 out of 2604 companies in the Software industry, placing it in the top 5%.
Is Locate Technologies' Days Payable too high?
Locate Technologies' current Days Payable of 1,181.48 is 150% above median its 10-year median of 472.04. Over the past 10 years, this metric has ranged from a low of 388.89 to a high of 1,485.81. The Software industry median Days Payable is 53.96. Locate Technologies' value of 1,181.48 is 2089.8% above this industry median. Based on the distribution chart, Locate Technologies ranks #129 out of 2604 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Locate Technologies' Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, Locate Technologies ranks #129 out of 2604 companies for Days Payable. This places Locate Technologies in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.96. Locate Technologies' value of 1,181.48 is 2089.8% above this benchmark. Historically, Locate Technologies' own Days Payable has ranged from 388.89 to 1,485.81 over the past decade. While the company's 10-year median is 472.04 vs. the industry median of 53.96, Locate Technologies 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 53.96, based on 2,604 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. Locate Technologies's current Days Payable of 1,181.48 is 2089.8% 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 Locate Technologies and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Locate Technologies's current Days Payable is 1,181.48, which is 150% above median its own 10-year median of 472.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Locate Technologies stock overvalued right now?
Locate Technologies (ASX:LOC) has a current Days Payable of 1,181.48. The stock's GF Value™ is A$0.08, compared to a current price of A$0.06 — trading 30% below its estimated fair value. The current Days Payable is 1,181.48, which is 150% above median its 10-year median of 472.04 and 2089.8% above the Software industry median of 53.96. 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 Locate Technologies (ASX:LOC), the current Days Payable is 1,181.48 as of Jun. 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.

Locate Technologies Business Description

Other Exchanges LOC:New Zealand
Address 55 Miller Street, Level 4, Suite 4.11, Pyrmont, Sydney, NSW, AUS, 2009
Locate Technologies Ltd is a provider of real-time tracking delivery solutions. The group's Locate2u is a Software-as-a-Service (SaaS) platform, designed to manage and optimise deliveries for couriers, retailers, and e-commerce businesses, and its Zoom2u Platform provides an Australia-wide marketplace connecting customers to a network of local drivers for fast deliveries. The group has two operating segments: Zoom2u and 2u Enterprises, and Locate2u. Maximum revenue is generated from the Zoom2u and 2u Enterprises segment, which provides delivery and tracking services to customers via an internally developed platform, allowing customers to arrange for the delivery of items. This segment also includes the Shred2u business, offering on-site and off-site document shredding services.