2 Cheap Cars GroupNZSE:2CC 48 Days Payable is 11.09 as of Mar. 2026, which is 2% above its 10-year median of 10.86. GuruFocus rates NZSE:2CC with a GF Score™ of 48/100 and a GF Value™ of NZ$0.71 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,311 Vehicles & Parts companies, 2 Cheap Cars Group ranks worse than 96.41% on this metric.
The historical rank and industry rank for 2 Cheap Cars Group's Days Payable or its related term are showing as below:
NZSE:2CC'
s Days Payable Range Over the Past 10 Years
Min: 9.48 Med: 10.86 Max: 13.11
Current: 12.53
During the past 6 years, 2 Cheap Cars Group's highest Days Payable was 13.11. The lowest was 9.48. And the median was 10.86.
NZSE:2CC's Days Payable is ranked worse than 96.41% of 1311
companies
in the Vehicles & Parts industry
Industry Median: 67.05
vs NZSE:2CC: 12.53
2 Cheap Cars Group's Days Payable
declined
from Mar. 2025 (12.20) to Mar. 2026 (11.09).
It may suggest that 2 Cheap Cars Groupaccelerated paying its suppliers.
2 Cheap Cars Group Days Payable Related Terms
2 Cheap Cars Group Days Payable Historical Data
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The historical data trend for 2 Cheap Cars 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.
NZSE:2CC vs CVNA, PAG, ALTB: Days Payable Comparison
For the Auto & Truck Dealerships subindustry, 2 Cheap Cars 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.
2 Cheap Cars Group Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's Days Payable distribution charts can be found below:
* The bar in red indicates where 2 Cheap Cars 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.
2 Cheap Cars 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.
2 Cheap Cars Group (NZSE:2CC) has a Days Payable of 11.09 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 2 Cheap Cars Group and its competitors. This is near median its historical median of 10.86. Over the past decade, 2 Cheap Cars Group's Days Payable has ranged from 9.48 to 13.11. According to the industry distribution chart, 2 Cheap Cars Group ranks #1264 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 96.4%.
Is 2 Cheap Cars Group's Days Payable too high?
2 Cheap Cars Group's current Days Payable of 11.09 is near median its 10-year median of 10.86. Over the past 10 years, this metric has ranged from a low of 9.48 to a high of 13.11. The Vehicles & Parts industry median Days Payable is 67.05. 2 Cheap Cars Group's value of 11.09 is 83.5% below this industry median. Based on the distribution chart, 2 Cheap Cars Group ranks #1264 out of 1311 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, 2 Cheap Cars Group has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, 2 Cheap Cars Group ranks #1264 out of 1311 companies for Days Payable. This places 2 Cheap Cars Group in the lower half of its industry. The industry median Days Payable is 67.05. 2 Cheap Cars Group's value of 11.09 is 83.5% below this benchmark. Historically, 2 Cheap Cars Group's own Days Payable has ranged from 9.48 to 13.11 over the past decade. While the company's 10-year median is 10.86 vs. the industry median of 67.05, 2 Cheap Cars Group 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.05, based on 1,311 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. 2 Cheap Cars Group's current Days Payable of 11.09 is 83.5% 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 2 Cheap Cars Group and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2 Cheap Cars Group's current Days Payable is 11.09, which is near median its own 10-year median of 10.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2 Cheap Cars Group stock overvalued right now?
Based on GuruFocus' analysis, 2 Cheap Cars Group (NZSE:2CC) is currently considered Fairly Valued. The stock's GF Value™ is NZ$0.71, compared to a current price of NZ$0.66 — trading 7% below its estimated fair value. The current Days Payable is 11.09, which is near median its 10-year median of 10.86 and 83.5% below the Vehicles & Parts industry median of 67.05. 2 Cheap Cars Group's overall GF Score™ is 48/100 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 2 Cheap Cars Group (NZSE:2CC), the current Days Payable is 11.09 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 2 Cheap Cars Group (NZSE:2CC) Overvalued in 2026?
Based on GuruFocus' analysis, 2 Cheap Cars Group stock appears to be undervalued.
The current stock price of NZ$0.66 is trading 7% below its estimated GF Value™ of NZ$0.71.
GuruFocus considers 2 Cheap Cars Group to be Fairly Valued.
Key valuation signals for NZSE:2CC:
Days Payable: 11.09 (near median its 10-year median of 10.86)
GF Value™: NZ$0.71 vs. price of NZ$0.66 (7% below fair value)
Industry Position: 83.5% below the Vehicles & Parts median (#1264 of 1311)
No single metric tells the full story. See the NZSE:2CC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The group draws revenue from the two divisions: automotive retail division, revenue is derived from the sale of vehicles and from agent commissions relating to third-party finance and insurance products.
48GF Score
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