ifa systems AG (HAM:IS8) Days Payable: 27.29 (As of Dec. 2025) — 63% Below Median


HAM:IS8 ifa systems AG HAM:IS8
58 GF Score
Price €2.00
GF Value €2.51
Valuation Modestly Undervalued
! 4 Warning Signs
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What is ifa systems AG Days Payable?

ifa systems AG HAM:IS8 58 Days Payable is 27.29 as of Dec. 2025, which is 63% below its 10-year median of 73.33. GuruFocus rates HAM:IS8 with a GF Score™ of 58/100 and a GF Value™ of €2.51 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 607 Healthcare Providers & Services companies, ifa systems AG ranks worse than 76.61% on this metric.

ifa systems AG's average Accounts Payable for the six months ended in Dec. 2025 was €0.11 Mil. ifa systems AG's Cost of Goods Sold for the six months ended in Dec. 2025 was €1.41 Mil. Hence, ifa systems AG's Days Payable for the six months ended in Dec. 2025 was 13.65.

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

HAM:IS8' s Days Payable Range Over the Past 10 Years
Min: 27.29   Med: 73.33   Max: 5101.89
Current: 27.29

During the past 13 years, ifa systems AG's highest Days Payable was 5101.89. The lowest was 27.29. And the median was 73.33.

HAM:IS8's Days Payable is ranked worse than
76.61% of 607 companies
in the Healthcare Providers & Services industry
Industry Median: 58 vs HAM:IS8: 27.29

ifa systems AG's Days Payable declined from Dec. 2023 (75.64) to Dec. 2025 (27.29). It may suggest that ifa systems AG accelerated paying its suppliers.


ifa systems AG Days Payable Historical Data

* Premium members only.

The historical data trend for ifa systems 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.

ifa systems AG Days Payable Chart

ifa systems AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.33 64.55 75.64 34.42 27.29

ifa systems AG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec23 Dec24 Dec25
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 73.33 64.55 75.64 34.42 27.29

HAM:IS8 vs VEEV, BTSG, TEM: Days Payable Comparison

For the Health Information Services subindustry, ifa systems 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.


ifa systems AG Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ifa systems AG's Days Payable distribution charts can be found below:

* The bar in red indicates where ifa systems AG's Days Payable falls into.


HAM:IS8
58GF Score
ifa systems AG HAM:IS8
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ifa systems 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.

ifa systems AG's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.117 + 0.094) / 2 ) / 1.411*365
=0.1055 / 1.411*365
=27.29

ifa systems AG's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.117 + 0.094) / 2 ) / 1.411*365 / 2
=0.1055 / 1.411*365 / 2
=13.65

* 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 27.29 mean?
ifa systems AG (HAM:IS8) has a Days Payable of 27.29 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ifa systems AG and its competitors. This is 63% below median its historical median of 73.33. Over the past decade, ifa systems AG's Days Payable has ranged from 27.29 to 5,101.89. According to the industry distribution chart, ifa systems AG ranks #465 out of 607 companies in the Healthcare Providers & Services industry, placing it in the top 76.6%.
Is ifa systems AG's Days Payable too high?
ifa systems AG's current Days Payable of 27.29 is 63% below median its 10-year median of 73.33. Over the past 10 years, this metric has ranged from a low of 27.29 to a high of 5,101.89. The Healthcare Providers & Services industry median Days Payable is 58.00. ifa systems AG's value of 27.29 is 52.9% below this industry median. Based on the distribution chart, ifa systems AG ranks #465 out of 607 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, ifa systems AG has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ifa systems AG's Days Payable compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, ifa systems AG ranks #465 out of 607 companies for Days Payable. This places ifa systems AG in the lower half of its industry. The industry median Days Payable is 58.00. ifa systems AG's value of 27.29 is 52.9% below this benchmark. Historically, ifa systems AG's own Days Payable has ranged from 27.29 to 5,101.89 over the past decade. While the company's 10-year median is 73.33 vs. the industry median of 58.00, ifa systems AG has consistently been below 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.00, based on 607 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. ifa systems AG's current Days Payable of 27.29 is 52.9% 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 ifa systems AG and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ifa systems AG's current Days Payable is 27.29, which is 63% below median its own 10-year median of 73.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ifa systems AG stock overvalued right now?
Based on GuruFocus' analysis, ifa systems AG (HAM:IS8) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.51, compared to a current price of €2.00 — trading 20.3% below its estimated fair value. The current Days Payable is 27.29, which is 63% below median its 10-year median of 73.33 and 52.9% below the Healthcare Providers & Services industry median of 58.00. ifa systems AG's overall GF Score™ is 58/100 with 4 warning signs 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 ifa systems AG (HAM:IS8), the current Days Payable is 27.29 as of Dec. 2025. 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 ifa systems AG (HAM:IS8) Overvalued in 2026?

Based on GuruFocus' analysis, ifa systems AG stock appears to be undervalued. The current stock price of €2.00 is trading 20.3% below its estimated GF Value™ of €2.51. GuruFocus considers ifa systems AG to be Modestly Undervalued.

Key valuation signals for HAM:IS8:

  • Days Payable: 27.29 (63% below median its 10-year median of 73.33)
  • GF Value™: €2.51 vs. price of €2.00 (20.3% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 52.9% below the Healthcare Providers & Services median (#465 of 607)

No single metric tells the full story. See the HAM:IS8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ifa systems AG Business Description

Address Augustinusstrasse 11b, Konigsdorf, Frechen, DEU, 50226
ifa systems AG develops, distributes and installs software solutions and components for ophthalmologists and eye clinics in the fast-growing health IT industry. Its products are divided into the Clinic, Practice, and Language Versions. Some of its product includes EMR (Electronic Medical Records); MDI (Medical Device Interface); Software Connection Platform; CDSS (Clinical Decision Support System); WFM Software (Workflow Management) and others.
58GF Score

Get the complete analysis for HAM:IS8

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.00
Price
€2.51
GF Value