IGGRF (IG Group Holdings) Days Payable: 506.76 (As of May. 2025) — 42% Below Median


IGGRF IG Group Holdings PLC IGGRF
76 GF Score
Price $24.80
GF Value $16.48
Valuation Significantly Overvalued
! 9 Warning Signs
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What is IG Group Holdings Days Payable?

IG Group Holdings IGGRF 76 Days Payable is 506.76 as of May. 2025, which is 42% below its 10-year median of 873.34. GuruFocus rates IGGRF with a GF Score™ of 76/100 and a GF Value™ of $16.48 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 541 Capital Markets companies, IG Group Holdings ranks better than 81.52% on this metric.

IG Group Holdings's average Accounts Payable for the six months ended in May. 2025 was $628 Mil. IG Group Holdings's Cost of Goods Sold for the six months ended in May. 2025 was $226 Mil. Hence, IG Group Holdings's Days Payable for the six months ended in May. 2025 was 506.76.

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

IGGRF' s Days Payable Range Over the Past 10 Years
Min: 180.68   Med: 873.34   Max: 2909.67
Current: 1017.21

During the past 13 years, IG Group Holdings's highest Days Payable was 2909.67. The lowest was 180.68. And the median was 873.34.

IGGRF's Days Payable is ranked better than
81.52% of 541 companies
in the Capital Markets industry
Industry Median: 92.89 vs IGGRF: 1017.21

IG Group Holdings's Days Payable increased from May. 2024 (434.93) to May. 2025 (506.76). It may suggest that IG Group Holdings delayed paying its suppliers.


IG Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for IG Group Holdings'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.

IG Group Holdings Days Payable Chart

IG Group Holdings Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,966.71 540.52 902.82 1,039.66 882.19

IG Group Holdings Semi-Annual Data
Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25
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 493.15 11,544.53 434.93 18,649.72 506.76

IGGRF vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, IG Group Holdings'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.


IG Group Holdings Days Payable vs Capital Markets Industry

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

* The bar in red indicates where IG Group Holdings's Days Payable falls into.


IGGRF
76GF Score
IG Group Holdings PLC IGGRF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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IG Group Holdings 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.

IG Group Holdings's Days Payable for the fiscal year that ended in May. 2024 is calculated as

Days Payable (A: May. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2023 ) + Accounts Payable (A: May. 2024 )) / count ) / Cost of Goods Sold (A: May. 2024 )*Days in Period
=( (596.754 + 623.641) / 2 ) / 252.465*365
=610.1975 / 252.465*365
=882.19

IG Group Holdings's Days Payable for the quarter that ended in May. 2025 is calculated as:

Days Payable (Q: May. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2024 ) + Accounts Payable (Q: May. 2025 )) / count ) / Cost of Goods Sold (Q: May. 2025 )*Days in Period
=( (652.102 + 604.673) / 2 ) / 226.302*365 / 2
=628.3875 / 226.302*365 / 2
=506.76

* 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 506.76 mean?
IG Group Holdings (IGGRF) has a Days Payable of 506.76 as of May. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IG Group Holdings and its competitors. This is 42% below median its historical median of 873.34. Over the past decade, IG Group Holdings' Days Payable has ranged from 180.68 to 2,909.67. According to the industry distribution chart, IG Group Holdings ranks #100 out of 541 companies in the Capital Markets industry, placing it in the top 18.5%.
Is IG Group Holdings' Days Payable too high?
IG Group Holdings' current Days Payable of 506.76 is 42% below median its 10-year median of 873.34. Over the past 10 years, this metric has ranged from a low of 180.68 to a high of 2,909.67. The Capital Markets industry median Days Payable is 92.89. IG Group Holdings' value of 506.76 is 445.5% above this industry median. Based on the distribution chart, IG Group Holdings ranks #100 out of 541 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, IG Group Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IG Group Holdings' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, IG Group Holdings ranks #100 out of 541 companies for Days Payable. This places IG Group Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.89. IG Group Holdings' value of 506.76 is 445.5% above this benchmark. Historically, IG Group Holdings' own Days Payable has ranged from 180.68 to 2,909.67 over the past decade. While the company's 10-year median is 873.34 vs. the industry median of 92.89, IG Group Holdings 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 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. IG Group Holdings's current Days Payable of 506.76 is 445.5% 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 IG Group Holdings 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. IG Group Holdings's current Days Payable is 506.76, which is 42% below median its own 10-year median of 873.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IG Group Holdings (IGGRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.48, compared to a current price of $24.80 — trading 50.5% above its estimated fair value. The current Days Payable is 506.76, which is 42% below median its 10-year median of 873.34 and 445.5% above the Capital Markets industry median of 92.89. IG Group Holdings' overall GF Score™ is 76/100 with 9 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 IG Group Holdings (IGGRF), the current Days Payable is 506.76 as of May. 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 IG Group Holdings (IGGRF) Overvalued in 2026?

Based on GuruFocus' analysis, IG Group Holdings stock appears to be overvalued. The current stock price of $24.80 is trading 50.5% above its estimated GF Value™ of $16.48. GuruFocus considers IG Group Holdings to be Significantly Overvalued.

Key valuation signals for IGGRF:

  • Days Payable: 506.76 (42% below median its 10-year median of 873.34)
  • GF Value™: $16.48 vs. price of $24.80 (50.5% above fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 445.5% above the Capital Markets median (#100 of 541)

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


IG Group Holdings Business Description

Address Cannon Bridge House, 25 Dowgate Hill, London, GBR, EC4R 2YA
IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.
76GF Score

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

$24.80
Price
$16.48
GF Value