AoFrio (NZSE:AOF) Days Payable: 148.29 (As of Dec. 2025) — 22% Above Median


What is AoFrio Days Payable?

AoFrio NZSE:AOF Days Payable is 148.29 as of Dec. 2025, which is 22% above its 10-year median of 121.86. The stock has 5 warning signs investors should review. Among 2,992 Industrial Products companies, AoFrio ranks better than 72.19% on this metric.

AoFrio's average Accounts Payable for the six months ended in Dec. 2025 was NZ$21.51 Mil. AoFrio's Cost of Goods Sold for the six months ended in Dec. 2025 was NZ$26.47 Mil. Hence, AoFrio's Days Payable for the six months ended in Dec. 2025 was 148.29.

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

NZSE:AOF' s Days Payable Range Over the Past 10 Years
Min: 86.17   Med: 121.86   Max: 144
Current: 134.1

During the past 13 years, AoFrio's highest Days Payable was 144.00. The lowest was 86.17. And the median was 121.86.

NZSE:AOF's Days Payable is ranked better than
72.19% of 2992 companies
in the Industrial Products industry
Industry Median: 78.08 vs NZSE:AOF: 134.10

AoFrio's Days Payable increased from Dec. 2024 (135.19) to Dec. 2025 (148.29). It may suggest that AoFrio delayed paying its suppliers.


AoFrio Days Payable Historical Data

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The historical data trend for AoFrio'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.

AoFrio Days Payable Chart

AoFrio Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.17 123.27 141.04 109.14 124.12

AoFrio Semi-Annual Data
Jun15 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 Premium Member Only Premium Member Only 110.30 130.93 135.19 131.05 148.29

NZSE:AOF vs VRT, BE, HUBB: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, AoFrio'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.


AoFrio Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, AoFrio's Days Payable distribution charts can be found below:

* The bar in red indicates where AoFrio's Days Payable falls into.



AoFrio 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.

AoFrio'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
=( (19.571 + 19.047) / 2 ) / 56.782*365
=19.309 / 56.782*365
=124.12

AoFrio'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (23.965 + 19.047) / 2 ) / 26.467*365 / 2
=21.506 / 26.467*365 / 2
=148.29

* 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 148.29 mean?
AoFrio (NZSE:AOF) has a Days Payable of 148.29 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 AoFrio and its competitors. This is 22% above median its historical median of 121.86. Over the past decade, AoFrio's Days Payable has ranged from 86.17 to 144.00. According to the industry distribution chart, AoFrio ranks #832 out of 2992 companies in the Industrial Products industry, placing it in the top 27.8%.
Is AoFrio's Days Payable too high?
AoFrio's current Days Payable of 148.29 is 22% above median its 10-year median of 121.86. Over the past 10 years, this metric has ranged from a low of 86.17 to a high of 144.00. The Industrial Products industry median Days Payable is 78.08. AoFrio's value of 148.29 is 89.9% above this industry median. Based on the distribution chart, AoFrio ranks #832 out of 2992 companies in the Industrial Products industry, which is above the industry midpoint.
How does AoFrio's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, AoFrio ranks #832 out of 2992 companies for Days Payable. This puts AoFrio in the upper half of its industry. The industry median Days Payable is 78.08. AoFrio's value of 148.29 is 89.9% above this benchmark. Historically, AoFrio's own Days Payable has ranged from 86.17 to 144.00 over the past decade. While the company's 10-year median is 121.86 vs. the industry median of 78.08, AoFrio 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 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. AoFrio's current Days Payable of 148.29 is 89.9% 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 AoFrio and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AoFrio's current Days Payable is 148.29, which is 22% above median its own 10-year median of 121.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AoFrio stock overvalued right now?
Based on GuruFocus' analysis, AoFrio (NZSE:AOF) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$0.09, compared to a current price of NZ$0.08 — trading 15.6% below its estimated fair value. The current Days Payable is 148.29, which is 22% above median its 10-year median of 121.86 and 89.9% above the Industrial Products industry median of 78.08. 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 AoFrio (NZSE:AOF), the current Days Payable is 148.29 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.

AoFrio Business Description

Address 78 Apollo Drive, Rosedale, Auckland, NTL, NZL, 0632
AoFrio Ltd is engaged in developing Internet of Things (IoT) solutions and manufacture, market and sell energy saving, electronically commutated (EC) motors and fans globally. The company operates in two segments, Motors and IoT. The IoT segment derives majority of the revenue. Geographically it operates in Americas, Asia / Pacific (APAC), and Europe / Middle East / Africa (EMEA), with Americas deriving the majority of the revenue.