Comvita (NZSE:CVT) Days Payable: 46.48 (As of Dec. 2025) — Near Median


NZSE:CVT Comvita Ltd NZSE:CVT
48 GF Score
Price NZ$0.71
GF Value NZ$1.19
Valuation Possible Value Trap
! 10 Warning Signs
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What is Comvita Days Payable?

Comvita NZSE:CVT -1.39% 48 Days Payable is 46.48 as of Dec. 2025, which is 3% above its 10-year median of 45.16. GuruFocus rates NZSE:CVT with a GF Score™ of 48/100 and a GF Value™ of NZ$1.19 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,881 Consumer Packaged Goods companies, Comvita ranks better than 58.8% on this metric.

Comvita's average Accounts Payable for the six months ended in Dec. 2025 was NZ$15.5 Mil. Comvita's Cost of Goods Sold for the six months ended in Dec. 2025 was NZ$61.0 Mil. Hence, Comvita's Days Payable for the six months ended in Dec. 2025 was 46.48.

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

NZSE:CVT' s Days Payable Range Over the Past 10 Years
Min: 27.55   Med: 45.16   Max: 59.83
Current: 52.9

During the past 13 years, Comvita's highest Days Payable was 59.83. The lowest was 27.55. And the median was 45.16.

NZSE:CVT's Days Payable is ranked better than
58.8% of 1881 companies
in the Consumer Packaged Goods industry
Industry Median: 44.14 vs NZSE:CVT: 52.90

Comvita's Days Payable declined from Dec. 2024 (63.76) to Dec. 2025 (46.48). It may suggest that Comvita accelerated paying its suppliers.


Comvita Days Payable Historical Data

* Premium members only.

The historical data trend for Comvita'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.

Comvita Days Payable Chart

Comvita Annual Data
Trend Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.88 59.83 53.02 42.48 27.55

Comvita Semi-Annual Data
Sep15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 95.15 79.15 63.76 41.78 46.48

NZSE:CVT vs KHC, GIS, HRL: Days Payable Comparison

For the Packaged Foods subindustry, Comvita'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.


Comvita Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Comvita's Days Payable distribution charts can be found below:

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


NZSE:CVT
48GF Score
Comvita Ltd NZSE:CVT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Comvita 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.

Comvita's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (11.058 + 6.035) / 2 ) / 113.25*365
=8.5465 / 113.25*365
=27.55

Comvita'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
=( (6.035 + 25.051) / 2 ) / 61.028*365 / 2
=15.543 / 61.028*365 / 2
=46.48

* 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 46.48 mean?
Comvita (NZSE:CVT) has a Days Payable of 46.48 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 Comvita and its competitors. This is near median its historical median of 45.16. Over the past decade, Comvita's Days Payable has ranged from 27.55 to 59.83. According to the industry distribution chart, Comvita ranks #775 out of 1881 companies in the Consumer Packaged Goods industry, placing it in the top 41.2%.
Is Comvita's Days Payable too high?
Comvita's current Days Payable of 46.48 is near median its 10-year median of 45.16. Over the past 10 years, this metric has ranged from a low of 27.55 to a high of 59.83. The Consumer Packaged Goods industry median Days Payable is 44.14. Comvita's value of 46.48 is 5.3% above this industry median. Based on the distribution chart, Comvita ranks #775 out of 1881 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Comvita has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comvita's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Comvita ranks #775 out of 1881 companies for Days Payable. This puts Comvita in the upper half of its industry. The industry median Days Payable is 44.14. Comvita's value of 46.48 is 5.3% above this benchmark. Historically, Comvita's own Days Payable has ranged from 27.55 to 59.83 over the past decade. While the company's 10-year median is 45.16 vs. the industry median of 44.14, Comvita 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 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. Comvita's current Days Payable of 46.48 is 5.3% 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 Comvita and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comvita's current Days Payable is 46.48, which is near median its own 10-year median of 45.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comvita stock overvalued right now?
Based on GuruFocus' analysis, Comvita (NZSE:CVT) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$1.19, compared to a current price of NZ$0.71 — trading 40.3% below its estimated fair value. The current Days Payable is 46.48, which is near median its 10-year median of 45.16 and 5.3% above the Consumer Packaged Goods industry median of 44.14. Comvita's overall GF Score™ is 48/100 with 10 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 Comvita (NZSE:CVT), the current Days Payable is 46.48 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.

Is Comvita (NZSE:CVT) Overvalued in 2026?

Based on GuruFocus' analysis, Comvita stock appears to be undervalued. The current stock price of NZ$0.71 is trading 40.3% below its estimated GF Value™ of NZ$1.19. GuruFocus considers Comvita to be Possible Value Trap.

Key valuation signals for NZSE:CVT:

  • Days Payable: 46.48 (near median its 10-year median of 45.16)
  • GF Value™: NZ$1.19 vs. price of NZ$0.71 (40.3% below fair value)
  • GF Score™: 48/100 with 10 warning signs
  • Industry Position: 5.3% above the Consumer Packaged Goods median (#775 of 1881)

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


Comvita Business Description

Other Exchanges CVNZF:USA
Address 23 Wilson Road South, Private Bag 1, Paengaroa, Te Puke, BOP, NZL, 3153
Comvita Ltd is a New Zealand based company. It is engaged in the development and marketing of natural health and wellbeing products. Its products include manuka honey, manuka honey extract, nutritional oils, royal jelly, olive leaf extract, and other products. The company's geographical segments include Greater China, ANZ, Rest of Asia, North America, and EMEA. It derives a majority of its revenue from Greater China.
48GF Score

Get the complete analysis for NZSE:CVT

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

NZ$0.71
Price
NZ$1.19
GF Value