Image Scan Holdings (FRA:LWN) Days Payable: 160.33 (As of Mar. 2026) — 50% Above Median


What is Image Scan Holdings Days Payable?

Image Scan Holdings FRA:LWN Days Payable is 160.33 as of Mar. 2026, which is 50% above its 10-year median of 106.93. The stock has 6 warning signs investors should review. Among 943 Business Services companies, Image Scan Holdings ranks better than 85.47% on this metric.

Image Scan Holdings's average Accounts Payable for the six months ended in Mar. 2026 was €0.65 Mil. Image Scan Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was €0.74 Mil. Hence, Image Scan Holdings's Days Payable for the six months ended in Mar. 2026 was 160.33.

The historical rank and industry rank for Image Scan Holdings's Days Payable or its related term are showing as below:

FRA:LWN' s Days Payable Range Over the Past 10 Years
Min: 37.74   Med: 106.93   Max: 184.71
Current: 159.98

During the past 13 years, Image Scan Holdings's highest Days Payable was 184.71. The lowest was 37.74. And the median was 106.93.

FRA:LWN's Days Payable is ranked better than
85.47% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs FRA:LWN: 159.98

Image Scan Holdings's Days Payable declined from Mar. 2025 (465.62) to Mar. 2026 (160.33). It may suggest that Image Scan Holdings accelerated paying its suppliers.


Image Scan Holdings Days Payable Historical Data

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The historical data trend for Image Scan Holdings'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.

Image Scan Holdings Days Payable Chart

Image Scan Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.95 111.71 58.81 81.60 180.14

Image Scan Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 178.69 120.92 465.62 116.86 160.33

FRA:LWN vs ALLE, MSA, ADT: Days Payable Comparison

For the Security & Protection Services subindustry, Image Scan Holdings'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.


Image Scan Holdings Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Image Scan Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Image Scan Holdings's Days Payable falls into.



Image Scan Holdings 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.

Image Scan Holdings's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (0.473 + 0.291) / 2 ) / 0.774*365
=0.382 / 0.774*365
=180.14

Image Scan Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.291 + 1.011) / 2 ) / 0.741*365 / 2
=0.651 / 0.741*365 / 2
=160.33

* 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 160.33 mean?
Image Scan Holdings (FRA:LWN) has a Days Payable of 160.33 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Image Scan Holdings and its competitors. This is 50% above median its historical median of 106.93. Over the past decade, Image Scan Holdings' Days Payable has ranged from 37.74 to 184.71. According to the industry distribution chart, Image Scan Holdings ranks #137 out of 943 companies in the Business Services industry, placing it in the top 14.5%.
Is Image Scan Holdings' Days Payable too high?
Image Scan Holdings' current Days Payable of 160.33 is 50% above median its 10-year median of 106.93. Over the past 10 years, this metric has ranged from a low of 37.74 to a high of 184.71. The Business Services industry median Days Payable is 46.92. Image Scan Holdings' value of 160.33 is 241.7% above this industry median. Based on the distribution chart, Image Scan Holdings ranks #137 out of 943 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does Image Scan Holdings' Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Image Scan Holdings ranks #137 out of 943 companies for Days Payable. This places Image Scan Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 46.92. Image Scan Holdings' value of 160.33 is 241.7% above this benchmark. Historically, Image Scan Holdings' own Days Payable has ranged from 37.74 to 184.71 over the past decade. While the company's 10-year median is 106.93 vs. the industry median of 46.92, Image Scan Holdings 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 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. Image Scan Holdings's current Days Payable of 160.33 is 241.7% 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 Image Scan Holdings 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. Image Scan Holdings's current Days Payable is 160.33, which is 50% above median its own 10-year median of 106.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Scan Holdings stock overvalued right now?
Image Scan Holdings (FRA:LWN) has a current Days Payable of 160.33. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 25% above its estimated fair value. The current Days Payable is 160.33, which is 50% above median its 10-year median of 106.93 and 241.7% above the Business Services industry median of 46.92. 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 Image Scan Holdings (FRA:LWN), the current Days Payable is 160.33 as of Mar. 2026. 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.

Image Scan Holdings Business Description

Other Exchanges IGE:UK
Address Sileby Road, 16-18 Hayhill Industrial Estate, Loughborough, Barrow-upon-Soar, Leicestershire, GBR, LE12 8LD
Image Scan Holdings PLC is principally engaged in the development and sale of portable X-ray systems for security and counter-terrorism applications. Additionally, it also manufactures industrial X-ray inspection systems. The company offers a range of portable, rapid deployment, and static security solutions to several security sectors, including government and private security organisations. It serves police, military, security services, bomb disposal teams, prisons, ports, airports, cargo handlers, freight forwarders, corporate headquarters, mail rooms, and operators of stadiums and events. The company derives revenue from the sale of its equipment. Geographically, it generates the majority of revenue from the United Kingdom.