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ICO GroupHKSE:01460 +1.28%63 Days Payable is 74.04 as of Mar. 2026, which is 38% above its 10-year median of 53.61. GuruFocus rates HKSE:01460 with a GF Score™ of 63/100 and a GF Value™ of HK$0.25 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,611 Software companies, ICO Group ranks better than 65.03% on this metric.
ICO Group's average Accounts Payable for the
six
months ended in Mar. 2026 was HK$206 Mil. ICO Group's Cost of Goods Sold for the
six
months ended in Mar. 2026 was HK$508 Mil.
Hence, ICO Group's Days Payable for the
six
months ended in Mar. 2026 was 74.04.
The historical rank and industry rank for ICO Group's Days Payable or its related term are showing as below:
HKSE:01460'
s Days Payable Range Over the Past 10 Years
Min: 43.16 Med: 53.61 Max: 96.73
Current: 84.91
During the past 13 years, ICO Group's highest Days Payable was 96.73. The lowest was 43.16. And the median was 53.61.
HKSE:01460's Days Payable is ranked better than 65.03% of 2611
companies
in the Software industry
Industry Median: 52.12
vs HKSE:01460: 84.91
ICO Group's Days Payable
increased
from Mar. 2025 (72.56) to Mar. 2026 (74.04).
It may suggest that ICO Groupdelayed paying its suppliers.
The historical data trend for ICO Group'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.
HKSE:01460 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, ICO Group'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.
ICO Group Days Payable vs Software Industry
For the Software industry and Technology sector, ICO Group's Days Payable distribution charts can be found below:
* The bar in red indicates where ICO Group'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.
ICO Group's Days Payable for the fiscal year that ended in Mar. 2026 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.
ICO Group (HKSE:01460) has a Days Payable of 74.04 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 ICO Group and its competitors. This is 38% above median its historical median of 53.61. Over the past decade, ICO Group's Days Payable has ranged from 43.16 to 96.73. According to the industry distribution chart, ICO Group ranks #913 out of 2611 companies in the Software industry, placing it in the top 35%.
Is ICO Group's Days Payable too high?
ICO Group's current Days Payable of 74.04 is 38% above median its 10-year median of 53.61. Over the past 10 years, this metric has ranged from a low of 43.16 to a high of 96.73. The Software industry median Days Payable is 52.12. ICO Group's value of 74.04 is 42.1% above this industry median. Based on the distribution chart, ICO Group ranks #913 out of 2611 companies in the Software industry, which is above the industry midpoint. Overall, ICO Group has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ICO Group's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, ICO Group ranks #913 out of 2611 companies for Days Payable. This puts ICO Group in the upper half of its industry. The industry median Days Payable is 52.12. ICO Group's value of 74.04 is 42.1% above this benchmark. Historically, ICO Group's own Days Payable has ranged from 43.16 to 96.73 over the past decade. While the company's 10-year median is 53.61 vs. the industry median of 52.12, ICO Group 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 Software company?
The median Days Payable among Software companies is 52.12, based on 2,611 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. ICO Group's current Days Payable of 74.04 is 42.1% 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 ICO Group and its competitors. For the Software industry, the median Days Payable is 52.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICO Group's current Days Payable is 74.04, which is 38% above median its own 10-year median of 53.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICO Group stock overvalued right now?
Based on GuruFocus' analysis, ICO Group (HKSE:01460) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.25, compared to a current price of HK$0.24 — trading 5.2% below its estimated fair value. The current Days Payable is 74.04, which is 38% above median its 10-year median of 53.61 and 42.1% above the Software industry median of 52.12. ICO Group's overall GF Score™ is 63/100 with 3 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 ICO Group (HKSE:01460), the current Days Payable is 74.04 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.
Is ICO Group (HKSE:01460) Overvalued in 2026?
Based on GuruFocus' analysis, ICO Group stock appears to be undervalued.
The current stock price of HK$0.24 is trading 5.2% below its estimated GF Value™ of HK$0.25.
GuruFocus considers ICO Group to be Fairly Valued.
Key valuation signals for HKSE:01460:
Days Payable: 74.04 (38% above median its 10-year median of 53.61)
GF Value™: HK$0.25 vs. price of HK$0.24 (5.2% below fair value)
Industry Position: 42.1% above the Software median (#913 of 2611)
No single metric tells the full story. See the HKSE:01460 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICO Group Ltd, along with its subsidiaries, is engaged in the provision of Information technology (IT) solutions and services. The business activity of the group functions through IT application and solution development, IT infrastructure solutions, IT secondment services, IT maintenance and support services, and Property leasing reportable business segments. The group derives a majority of its revenue from the IT Infrastructure solutions segment, which provides design and implementation of IT application solution services and procurement of third-party hardware and software. Geographically, it generates maximum revenue from Hong Kong, and the rest from Malaysia.
63GF Score
Get the complete analysis for HKSE:01460
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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