X2M Connect (ASX:X2M) Days Payable: 119.70 (As of Dec. 2025) — 13% Below Median


What is X2M Connect Days Payable?

X2M Connect ASX:X2M Days Payable is 119.70 as of Dec. 2025, which is 13% below its 10-year median of 137.99. The stock has 8 warning signs investors should review. Among 2,445 Hardware companies, X2M Connect ranks better than 93.58% on this metric.

X2M Connect's average Accounts Payable for the six months ended in Dec. 2025 was A$1.82 Mil. X2M Connect's Cost of Goods Sold for the six months ended in Dec. 2025 was A$2.77 Mil. Hence, X2M Connect's Days Payable for the six months ended in Dec. 2025 was 119.70.

The historical rank and industry rank for X2M Connect's Days Payable or its related term are showing as below:

ASX:X2M' s Days Payable Range Over the Past 10 Years
Min: 49.45   Med: 137.99   Max: 305.08
Current: 249.43

During the past 4 years, X2M Connect's highest Days Payable was 305.08. The lowest was 49.45. And the median was 137.99.

ASX:X2M's Days Payable is ranked better than
93.58% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs ASX:X2M: 249.43

X2M Connect's Days Payable declined from Dec. 2024 (480.57) to Dec. 2025 (119.70). It may suggest that X2M Connect accelerated paying its suppliers.


X2M Connect Days Payable Historical Data

* Premium members only.

The historical data trend for X2M Connect'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.

X2M Connect Days Payable Chart

X2M Connect Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Days Payable
49.45 86.10 189.87 305.08

X2M Connect Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 199.53 232.82 480.57 395.42 119.70

ASX:X2M vs COHR, KEYS, GRMN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, X2M Connect'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.


X2M Connect Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, X2M Connect's Days Payable distribution charts can be found below:

* The bar in red indicates where X2M Connect's Days Payable falls into.



X2M Connect 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.

X2M Connect'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
=( (4.048 + 1.726) / 2 ) / 3.454*365
=2.887 / 3.454*365
=305.08

X2M Connect'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
=( (1.726 + 1.913) / 2 ) / 2.774*365 / 2
=1.8195 / 2.774*365 / 2
=119.70

* 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 119.70 mean?
X2M Connect (ASX:X2M) has a Days Payable of 119.70 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 X2M Connect and its competitors. This is 13% below median its historical median of 137.99. Over the past decade, X2M Connect's Days Payable has ranged from 49.45 to 305.08. According to the industry distribution chart, X2M Connect ranks #157 out of 2445 companies in the Hardware industry, placing it in the top 6.4%.
Is X2M Connect's Days Payable too high?
X2M Connect's current Days Payable of 119.70 is 13% below median its 10-year median of 137.99. Over the past 10 years, this metric has ranged from a low of 49.45 to a high of 305.08. The Hardware industry median Days Payable is 70.06. X2M Connect's value of 119.70 is 70.9% above this industry median. Based on the distribution chart, X2M Connect ranks #157 out of 2445 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does X2M Connect's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, X2M Connect ranks #157 out of 2445 companies for Days Payable. This places X2M Connect in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.06. X2M Connect's value of 119.70 is 70.9% above this benchmark. Historically, X2M Connect's own Days Payable has ranged from 49.45 to 305.08 over the past decade. While the company's 10-year median is 137.99 vs. the industry median of 70.06, X2M Connect 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 Hardware company?
The median Days Payable among Hardware companies is 70.06, based on 2,445 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. X2M Connect's current Days Payable of 119.70 is 70.9% 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 X2M Connect and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. X2M Connect's current Days Payable is 119.70, which is 13% below median its own 10-year median of 137.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is X2M Connect stock overvalued right now?
Based on GuruFocus' analysis, X2M Connect (ASX:X2M) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 40% below its estimated fair value. The current Days Payable is 119.70, which is 13% below median its 10-year median of 137.99 and 70.9% above the Hardware industry median of 70.06. 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 X2M Connect (ASX:X2M), the current Days Payable is 119.70 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.

X2M Connect Business Description

Address 18-24 Ricketts Road, Suite 1.01b, Building B, Mount Waverley, VIC, AUS, 3149
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea, China, Taiwan, and other countries. It derives a majority of revenue from South Korea.