IPA Investment Group JSC (HSTC:IPA) Days Payable: 9.36 (As of Mar. 2026) — 27% Below Median

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HSTC:IPA IPA Investment Group JSC HSTC:IPA
85 GF Score
Price ₫15,200.00
GF Value ₫23,275.23
Valuation Possible Value Trap
! 5 Warning Signs
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What is IPA Investment Group JSC Days Payable?

IPA Investment Group JSC HSTC:IPA 85 Days Payable is 9.36 as of Mar. 2026, which is 27% below its 10-year median of 12.77. GuruFocus rates HSTC:IPA with a GF Score™ of 85/100 and a GF Value™ of ₫23,275.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 539 Capital Markets companies, IPA Investment Group JSC ranks worse than 82.56% on this metric.

IPA Investment Group JSC's average Accounts Payable for the three months ended in Mar. 2026 was ₫7,902 Mil. IPA Investment Group JSC's Cost of Goods Sold for the three months ended in Mar. 2026 was ₫77,069 Mil. Hence, IPA Investment Group JSC's Days Payable for the three months ended in Mar. 2026 was 9.36.

The historical rank and industry rank for IPA Investment Group JSC's Days Payable or its related term are showing as below:

HSTC:IPA' s Days Payable Range Over the Past 10 Years
Min: 7.11   Med: 12.77   Max: 61.77
Current: 10.09

During the past 8 years, IPA Investment Group JSC's highest Days Payable was 61.77. The lowest was 7.11. And the median was 12.77.

HSTC:IPA's Days Payable is ranked worse than
82.56% of 539 companies
in the Capital Markets industry
Industry Median: 88.46 vs HSTC:IPA: 10.09

IPA Investment Group JSC's Days Payable declined from Mar. 2025 (11.34) to Mar. 2026 (9.36). It may suggest that IPA Investment Group JSC accelerated paying its suppliers.


IPA Investment Group JSC Days Payable Historical Data

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The historical data trend for IPA Investment Group JSC'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.

IPA Investment Group JSC Days Payable Chart

IPA Investment Group JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 44.68 14.36 11.17 8.66 7.51

IPA Investment Group JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 11.34 16.21 10.45 7.48 9.36

HSTC:IPA vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, IPA Investment Group JSC'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.


IPA Investment Group JSC Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IPA Investment Group JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where IPA Investment Group JSC's Days Payable falls into.


HSTC:IPA
85GF Score
IPA Investment Group JSC HSTC:IPA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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IPA Investment Group JSC 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.

IPA Investment Group JSC'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
=( (5289.501 + 7251.221) / 2 ) / 304629.806*365
=6270.361 / 304629.806*365
=7.51

IPA Investment Group JSC's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (7251.221 + 8552.437) / 2 ) / 77068.786*365 / 4
=7901.829 / 77068.786*365 / 4
=9.36

* 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 9.36 mean?
IPA Investment Group JSC (HSTC:IPA) has a Days Payable of 9.36 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 IPA Investment Group JSC and its competitors. This is 27% below median its historical median of 12.77. Over the past decade, IPA Investment Group JSC's Days Payable has ranged from 7.11 to 61.77. According to the industry distribution chart, IPA Investment Group JSC ranks #445 out of 539 companies in the Capital Markets industry, placing it in the top 82.6%.
Is IPA Investment Group JSC's Days Payable too high?
IPA Investment Group JSC's current Days Payable of 9.36 is 27% below median its 10-year median of 12.77. Over the past 10 years, this metric has ranged from a low of 7.11 to a high of 61.77. The Capital Markets industry median Days Payable is 88.46. IPA Investment Group JSC's value of 9.36 is 89.4% below this industry median. Based on the distribution chart, IPA Investment Group JSC ranks #445 out of 539 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, IPA Investment Group JSC has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IPA Investment Group JSC's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, IPA Investment Group JSC ranks #445 out of 539 companies for Days Payable. This places IPA Investment Group JSC in the lower half of its industry. The industry median Days Payable is 88.46. IPA Investment Group JSC's value of 9.36 is 89.4% below this benchmark. Historically, IPA Investment Group JSC's own Days Payable has ranged from 7.11 to 61.77 over the past decade. While the company's 10-year median is 12.77 vs. the industry median of 88.46, IPA Investment Group JSC 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 88.46, based on 539 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. IPA Investment Group JSC's current Days Payable of 9.36 is 89.4% 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 IPA Investment Group JSC and its competitors. For the Capital Markets industry, the median Days Payable is 88.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPA Investment Group JSC's current Days Payable is 9.36, which is 27% below median its own 10-year median of 12.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPA Investment Group JSC stock overvalued right now?
Based on GuruFocus' analysis, IPA Investment Group JSC (HSTC:IPA) is currently considered Possible Value Trap. The stock's GF Value™ is ₫23,275.23, compared to a current price of ₫15,200.00 — trading 34.7% below its estimated fair value. The current Days Payable is 9.36, which is 27% below median its 10-year median of 12.77 and 89.4% below the Capital Markets industry median of 88.46. IPA Investment Group JSC's overall GF Score™ is 85/100 with 5 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 IPA Investment Group JSC (HSTC:IPA), the current Days Payable is 9.36 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 IPA Investment Group JSC (HSTC:IPA) Overvalued in 2026?

Based on GuruFocus' analysis, IPA Investment Group JSC stock appears to be undervalued. The current stock price of ₫15,200.00 is trading 34.7% below its estimated GF Value™ of ₫23,275.23. GuruFocus considers IPA Investment Group JSC to be Possible Value Trap.

Key valuation signals for HSTC:IPA:

  • Days Payable: 9.36 (27% below median its 10-year median of 12.77)
  • GF Value™: ₫23,275.23 vs. price of ₫15,200.00 (34.7% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 89.4% below the Capital Markets median (#445 of 539)

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


IPA Investment Group JSC Business Description

Address Nguyen Thuong Hien, No. 1, Hai Ba Trung Ward, Hanoi, VNM
IPA Investment Group JSC is a multi-sector investment group building and operating a business ecosystem under the Capability Bank model. It operates diversified business lines directly and/or through subsidiaries, associated companies, and enterprises within the IPA Group ecosystem in Vietnam. The Group's operating business segments are: Financial Services, Investment, Commercial electricity production, Business solutions, F&B, and Others: other services, real estate, goods, etc. The majority of its revenue is derived from its Business solutions and Commercial electricity production segments. These segments offer technology and digital solutions to businesses and engage in construction investment, power facilities development, and the trading of commercial electricity.
85GF Score

Get the complete analysis for HSTC:IPA

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

₫15,200.00
Price
₫23,275.23
GF Value