iQ International AG (FRA:IQL) Days Payable: 236.00 (As of Jun. 2020)


FRA:IQL iQ International AG FRA:IQL
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What is iQ International AG Days Payable?

iQ International AG FRA:IQL -35.29% 10 Days Payable is 236.00 as of Jun. 2020. GuruFocus rates FRA:IQL with a GF Score™ of 10/100.

iQ International AG's average Accounts Payable for the six months ended in Jun. 2020 was €5.53 Mil. iQ International AG's Cost of Goods Sold for the six months ended in Jun. 2020 was €4.28 Mil. Hence, iQ International AG's Days Payable for the six months ended in Jun. 2020 was 236.00.

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

FRA:IQL's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 67.05
* Ranked among companies with meaningful Days Payable only.

iQ International AG's Days Payable increased from Dec. 2018 (0.00) to Jun. 2020 (236.00). It may suggest that iQ International AG delayed paying its suppliers.

iQ International AG Days Payable Historical Data

* Premium members only.

The historical data trend for iQ International AG'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.

iQ International AG Days Payable Chart

iQ International AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 14,280.63 40,515.00 201.11

iQ International AG Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Jun20
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 9,642.08 0.00 114.15 236.00

iQ International AG Days Payable Competitor Comparison

For the Auto Parts subindustry, iQ International AG'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.

iQ International AG Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, iQ International AG's Days Payable distribution charts can be found below:

* The bar in red indicates where iQ International AG's Days Payable falls into.


FRA:IQL
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iQ International AG FRA:IQL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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iQ International AG 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.

iQ International AG's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.229 + 5.455) / 2 ) / 5.158*365
=2.842 / 5.158*365
=201.11

iQ International AG's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (0 + 5.532) / 1 ) / 4.278*365 / 2
=5.532 / 4.278*365 / 2
=236.00

* 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 236.00 mean?
iQ International AG (FRA:IQL) has a Days Payable of 236.00 as of Jun. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on iQ International AG and its competitors.
Is iQ International AG's Days Payable too high?
iQ International AG's current Days Payable is 236.00. The Vehicles & Parts industry median Days Payable is 67.05. iQ International AG's value of 236.00 is 252% above this industry median. Overall, iQ International AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does iQ International AG's Days Payable compare to competitors?
iQ International AG's Days Payable of 236.00 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.05. iQ International AG's value of 236.00 is 252% above this benchmark. 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.05, based on 1,311 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. iQ International AG's current Days Payable of 236.00 is 252% 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 iQ International AG and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iQ International AG's current Days Payable is 236.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iQ International AG stock overvalued right now?
iQ International AG (FRA:IQL) has a current Days Payable of 236.00. The current Days Payable is 236.00 and 252% above the Vehicles & Parts industry median of 67.05. iQ International AG's overall GF Score™ is 10/100. 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 iQ International AG (FRA:IQL), the current Days Payable is 236.00 as of Jun. 2020. 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.

iQ International AG Business Description

Address Landis + Gyr Strasse 1, Zug, CHE, 6300
iQ International AG is a Switzerland-based technology company focusing on the manufacturing, distribution, and development of efficient lead acid batteries for the automotive SLI (Starting-Lighting-Ignition) and storage markets using patented, eco-friendly technologies that prevent acid stratification and corrosion. In addition, the company provides consulting services to licensees and manufacturers of vehicle batteries and advanced energy systems. The company has two reportable segments which are batteries and licensing. The batteries segment comprises the sale of production batteries and the trade of batteries for the automotive SLI. Royalties from patented, eco-friendly technologies that prevent acid stratification and corrosion are achieved from third-party licensees.
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