Helvetic Star (HAM:HSRN) Days Payable: 81.11 (As of Jun. 2019)


What is Helvetic Star Days Payable?

Helvetic Star HAM:HSRN Days Payable is 81.11 as of Jun. 2019.

Helvetic Star's average Accounts Payable for the six months ended in Jun. 2019 was €0.00 Mil. Helvetic Star's Cost of Goods Sold for the six months ended in Jun. 2019 was €0.01 Mil. Hence, Helvetic Star's Days Payable for the six months ended in Jun. 2019 was 40.56.

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

HAM:HSRN's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 92.89
* Ranked among companies with meaningful Days Payable only.

Helvetic Star's Days Payable increased from Jun. 2017 (6.12) to Jun. 2019 (81.11). It may suggest that Helvetic Star delayed paying its suppliers.

Helvetic Star Days Payable Historical Data

* Premium members only.

The historical data trend for Helvetic Star'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.

Helvetic Star Days Payable Chart

Helvetic Star Annual Data
Trend Jun16 Jun17 Jun18 Jun19
Days Payable
0.00 6.12 68.44 81.11

Helvetic Star Semi-Annual Data
Jun16 Jun17 Jun18 Jun19
Days Payable 0.00 6.12 68.44 81.11

HAM:HSRN vs SPGI, CME, ICE: Days Payable Comparison

For the Financial Data & Stock Exchanges subindustry, Helvetic Star'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.

Helvetic Star Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Helvetic Star's Days Payable distribution charts can be found below:

* The bar in red indicates where Helvetic Star's Days Payable falls into.


Helvetic Star 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.

Helvetic Star's Days Payable for the fiscal year that ended in Jun. 2019 is calculated as

Days Payable (A: Jun. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2018 ) + Accounts Payable (A: Jun. 2019 )) / count ) / Cost of Goods Sold (A: Jun. 2019 )*Days in Period
=( (0.001 + 0.003) / 2 ) / 0.009*365
=0.002 / 0.009*365
=81.11

Helvetic Star's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

Days Payable (Q: Jun. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (0.001 + 0.003) / 2 ) / 0.009*365 / 2
=0.002 / 0.009*365 / 2
=40.56

* 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 81.11 mean?
Helvetic Star (HAM:HSRN) has a Days Payable of 81.11 as of Jun. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Helvetic Star and its competitors.
Is Helvetic Star's Days Payable too high?
Helvetic Star's current Days Payable is 81.11. The Capital Markets industry median Days Payable is 92.89. Helvetic Star's value of 81.11 is 12.7% below this industry median.
How does Helvetic Star's Days Payable compare to SPGI and CME?
Helvetic Star's Days Payable of 81.11 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 92.89. Helvetic Star's value of 81.11 is 12.7% 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 92.89, based on 541 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. Helvetic Star's current Days Payable of 81.11 is 12.7% 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 Helvetic Star and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helvetic Star's current Days Payable is 81.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helvetic Star stock overvalued right now?
Helvetic Star (HAM:HSRN) has a current Days Payable of 81.11. The current Days Payable is 81.11 and 12.7% below the Capital Markets industry median of 92.89. 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 Helvetic Star (HAM:HSRN), the current Days Payable is 81.11 as of Jun. 2019. 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.

Helvetic Star Business Description

Address Erlenweg 17, Bern, CHE, 3063
Helvetic Star Ltd is engaged in providing broker services. The company helps in obtaining capital, capital markets, maintain investor relationships, and investment advisory.