Vector (NZSE:VCT) Days Payable: 278.75 (As of Dec. 2025) — 96% Above Median


NZSE:VCT Vector Ltd NZSE:VCT
74 GF Score
Price NZ$5.00
GF Value NZ$4.16
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Vector Days Payable?

Vector NZSE:VCT -0.99% 74 Days Payable is 278.75 as of Dec. 2025, which is 96% above its 10-year median of 142.18. GuruFocus rates NZSE:VCT with a GF Score™ of 74/100 and a GF Value™ of NZ$4.16 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 481 Utilities - Regulated companies, Vector ranks better than 84.41% on this metric.

Vector's average Accounts Payable for the six months ended in Dec. 2025 was NZ$170 Mil. Vector's Cost of Goods Sold for the six months ended in Dec. 2025 was NZ$111 Mil. Hence, Vector's Days Payable for the six months ended in Dec. 2025 was 278.75.

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

NZSE:VCT' s Days Payable Range Over the Past 10 Years
Min: 108.53   Med: 142.18   Max: 239.99
Current: 227.68

During the past 13 years, Vector's highest Days Payable was 239.99. The lowest was 108.53. And the median was 142.18.

NZSE:VCT's Days Payable is ranked better than
84.41% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs NZSE:VCT: 227.68

Vector's Days Payable declined from Dec. 2024 (349.16) to Dec. 2025 (278.75). It may suggest that Vector accelerated paying its suppliers.


Vector Days Payable Historical Data

* Premium members only.

The historical data trend for Vector'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.

Vector Days Payable Chart

Vector Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.35 138.01 163.20 227.86 239.99

Vector Semi-Annual Data
Jun16 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 304.57 166.51 349.16 190.89 278.75

NZSE:VCT vs SRE, AES: Days Payable Comparison

For the Utilities - Diversified subindustry, Vector'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.


Vector Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Vector's Days Payable distribution charts can be found below:

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


NZSE:VCT
74GF Score
Vector Ltd NZSE:VCT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vector 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.

Vector'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
=( (182.5 + 169.4) / 2 ) / 267.6*365
=175.95 / 267.6*365
=239.99

Vector'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
=( (169.4 + 170.6) / 2 ) / 111.3*365 / 2
=170 / 111.3*365 / 2
=278.75

* 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 278.75 mean?
Vector (NZSE:VCT) has a Days Payable of 278.75 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 Vector and its competitors. This is 96% above median its historical median of 142.18. Over the past decade, Vector's Days Payable has ranged from 108.53 to 239.99. According to the industry distribution chart, Vector ranks #75 out of 481 companies in the Utilities - Regulated industry, placing it in the top 15.6%.
Is Vector's Days Payable too high?
Vector's current Days Payable of 278.75 is 96% above median its 10-year median of 142.18. Over the past 10 years, this metric has ranged from a low of 108.53 to a high of 239.99. The Utilities - Regulated industry median Days Payable is 70.35. Vector's value of 278.75 is 296.2% above this industry median. Based on the distribution chart, Vector ranks #75 out of 481 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Vector has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vector's Days Payable compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Vector ranks #75 out of 481 companies for Days Payable. This places Vector in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.35. Vector's value of 278.75 is 296.2% above this benchmark. Historically, Vector's own Days Payable has ranged from 108.53 to 239.99 over the past decade. While the company's 10-year median is 142.18 vs. the industry median of 70.35, Vector 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 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. Vector's current Days Payable of 278.75 is 296.2% 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 Vector and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vector's current Days Payable is 278.75, which is 96% above median its own 10-year median of 142.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vector stock overvalued right now?
Based on GuruFocus' analysis, Vector (NZSE:VCT) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$4.16, compared to a current price of NZ$5.00 — trading 20.2% above its estimated fair value. The current Days Payable is 278.75, which is 96% above median its 10-year median of 142.18 and 296.2% above the Utilities - Regulated industry median of 70.35. Vector's overall GF Score™ is 74/100 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 Vector (NZSE:VCT), the current Days Payable is 278.75 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 Vector (NZSE:VCT) Overvalued in 2026?

Based on GuruFocus' analysis, Vector stock appears to be overvalued. The current stock price of NZ$5.00 is trading 20.2% above its estimated GF Value™ of NZ$4.16. GuruFocus considers Vector to be Modestly Overvalued.

Key valuation signals for NZSE:VCT:

  • Days Payable: 278.75 (96% above median its 10-year median of 142.18)
  • GF Value™: NZ$4.16 vs. price of NZ$5.00 (20.2% above fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 296.2% above the Utilities - Regulated median (#75 of 481)

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


Vector Business Description

Other Exchanges VQA:Germany
Address 101 Carlton Gore Road, Newmarket, Auckland, NTL, NZL, 1023
Vector Ltd is a New Zealand infrastructure company. The company's operating segment includes Electricity Distribution; and Gas Distribution. It generates maximum revenue from the Electricity Distribution segment. The Auckland electricity distribution services segment includes Auckland electricity distribution services. Gas Trading includes Auckland Gas distribution services.
74GF Score

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

NZ$5.00
Price
NZ$4.16
GF Value