Independent Capital AGHAM:I8CK 49 Days Payable is 84.88 as of Dec. 2024, which is 15% below its 10-year median of 100.40. GuruFocus rates HAM:I8CK with a GF Score™ of 49/100 and a GF Value™ of €5.11 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 482 Asset Management companies, Independent Capital AG ranks better than 56.43% on this metric.
* 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.
For the Asset Management subindustry, Independent Capital 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.
Independent Capital AG Days Payable vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Independent Capital AG's Days Payable distribution charts can be found below:
* The bar in red indicates where Independent Capital AG'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.
Independent Capital AG's Days Payable for the fiscal year that ended in Dec. 2024 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.
Independent Capital AG (HAM:I8CK) has a Days Payable of 84.88 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Independent Capital AG and its competitors. This is 15% below median its historical median of 100.40. Over the past decade, Independent Capital AG's Days Payable has ranged from 28.68 to 248.86. According to the industry distribution chart, Independent Capital AG ranks #210 out of 482 companies in the Asset Management industry, placing it in the top 43.6%.
Is Independent Capital AG's Days Payable too high?
Independent Capital AG's current Days Payable of 84.88 is 15% below median its 10-year median of 100.40. Over the past 10 years, this metric has ranged from a low of 28.68 to a high of 248.86. The Asset Management industry median Days Payable is 70.53. Independent Capital AG's value of 84.88 is 20.3% above this industry median. Based on the distribution chart, Independent Capital AG ranks #210 out of 482 companies in the Asset Management industry, which is above the industry midpoint. Overall, Independent Capital AG has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Independent Capital AG's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Independent Capital AG ranks #210 out of 482 companies for Days Payable. This puts Independent Capital AG in the upper half of its industry. The industry median Days Payable is 70.53. Independent Capital AG's value of 84.88 is 20.3% above this benchmark. Historically, Independent Capital AG's own Days Payable has ranged from 28.68 to 248.86 over the past decade. While the company's 10-year median is 100.40 vs. the industry median of 70.53, Independent Capital AG 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.53, based on 482 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. Independent Capital AG's current Days Payable of 84.88 is 20.3% 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 Independent Capital AG and its competitors. For the Asset Management industry, the median Days Payable is 70.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Capital AG's current Days Payable is 84.88, which is 15% below median its own 10-year median of 100.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Capital AG stock overvalued right now?
Based on GuruFocus' analysis, Independent Capital AG (HAM:I8CK) is currently considered Possible Value Trap. The stock's GF Value™ is €5.11, compared to a current price of €0.76 — trading 85.1% below its estimated fair value. The current Days Payable is 84.88, which is 15% below median its 10-year median of 100.40 and 20.3% above the Asset Management industry median of 70.53. Independent Capital AG's overall GF Score™ is 49/100 with 1 warning sign to review. 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 Independent Capital AG (HAM:I8CK), the current Days Payable is 84.88 as of Dec. 2024. 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.
Is Independent Capital AG (HAM:I8CK) Overvalued in 2026?
Based on GuruFocus' analysis, Independent Capital AG stock appears to be undervalued.
The current stock price of €0.76 is trading 85.1% below its estimated GF Value™ of €5.11.
GuruFocus considers Independent Capital AG to be Possible Value Trap.
Key valuation signals for HAM:I8CK:
Days Payable: 84.88 (15% below median its 10-year median of 100.40)
GF Value™: €5.11 vs. price of €0.76 (85.1% below fair value)
Industry Position: 20.3% above the Asset Management median (#210 of 482)
No single metric tells the full story. See the HAM:I8CK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independent Capital AG is a financing solutions provider. The company follows the crowd-solution principle and supports financing projects across the world by providing comprehensive advice on country-specific funding opportunities.
49GF Score
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