Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Eqonex's average Accounts Payable for the
six
months ended in Mar. 2022 was €4.13 Mil. Eqonex's Cost of Goods Sold for the
six
months ended in Mar. 2022 was €15.08 Mil.
Hence, Eqonex's Days Payable for the
six
months ended in Mar. 2022 was 49.92.
The historical rank and industry rank for Eqonex's Days Payable or its related term are showing as below:
HAM:616A's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 95.4 * Ranked among companies with meaningful Days Payable only.
Eqonex's Days Payable
declined
from Mar. 2021 (77.77) to Mar. 2022 (49.92).
It may suggest that Eqonexaccelerated paying its suppliers.
The historical data trend for Eqonex'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.
HAM:616A vs SIEB, LGHL, HGBL: Days Payable Comparison
For the Capital Markets subindustry, Eqonex'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.
Eqonex Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Eqonex's Days Payable distribution charts can be found below:
* The bar in red indicates where Eqonex'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.
Eqonex's Days Payable for the fiscal year that ended in Mar. 2022 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.
Eqonex (HAM:616A) has a Days Payable of 49.92 as of Mar. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Eqonex and its competitors.
Is Eqonex's Days Payable too high?
Eqonex's current Days Payable is 49.92. The Capital Markets industry median Days Payable is 95.40. Eqonex's value of 49.92 is 47.7% below this industry median. Overall, Eqonex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Eqonex's Days Payable compare to SIEB and LGHL?
Eqonex's Days Payable of 49.92 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 95.40. Eqonex's value of 49.92 is 47.7% below 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 95.40, based on 535 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. Eqonex's current Days Payable of 49.92 is 47.7% 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 Eqonex and its competitors. For the Capital Markets industry, the median Days Payable is 95.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eqonex's current Days Payable is 49.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eqonex stock overvalued right now?
Eqonex (HAM:616A) has a current Days Payable of 49.92. The current Days Payable is 49.92 and 47.7% below the Capital Markets industry median of 95.40. Eqonex's overall GF Score™ is 14/100. 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 Eqonex (HAM:616A), the current Days Payable is 49.92 as of Mar. 2022. 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.
Eqonex Ltd is a technology driven digital assets financial services group that provides institutional grade infrastructure and a full suite of trading, custody and asset management solutions to clients. The group's digital assets ecosystem has been designed to accommodate the needs of institutions and individuals with the same degree of regulatory oversight and security that are accustomed to in traditional financial markets. EQONEX's ecosystem encompasses EQONEX Exchange, a digital asset exchange; Digivault, a FCA accredited hot and cold digital assets custodian and Bletchley Park Asset Management, a fund of crypto-hedge funds.
14GF Score
Get the complete analysis for HAM:616A
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:616A has been successfully added to your 
