OCTV (Octave Intelligence) Days Payable: 36.71 (As of Dec. 2024) — Near Median

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OCTV Octave Intelligence PLC OCTV
19 GF Score
Price $16.32
! 1 Warning Sign
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What is Octave Intelligence Days Payable?

Octave Intelligence OCTV +5.29% 19 Days Payable is 36.71 as of Dec. 2024, which is 3% above its 10-year median of 35.69. GuruFocus rates OCTV with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 2,610 Software companies, Octave Intelligence ranks worse than 62.11% on this metric.

Octave Intelligence's average Accounts Payable for the six months ended in Dec. 2024 was $44 Mil. Octave Intelligence's Cost of Goods Sold for the six months ended in Dec. 2024 was $433 Mil. Hence, Octave Intelligence's Days Payable for the six months ended in Dec. 2024 was 18.36.

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

OCTV' s Days Payable Range Over the Past 10 Years
Min: 34.67   Med: 35.69   Max: 36.71
Current: 36.71

During the past 3 years, Octave Intelligence's highest Days Payable was 36.71. The lowest was 34.67. And the median was 35.69.

OCTV's Days Payable is ranked worse than
62.11% of 2610 companies
in the Software industry
Industry Median: 52.785 vs OCTV: 36.71

Octave Intelligence's Days Payable increased from Dec. 2022 (0.00) to Dec. 2024 (36.71). It may suggest that Octave Intelligence delayed paying its suppliers.


Octave Intelligence Days Payable Historical Data

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The historical data trend for Octave Intelligence'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.

Octave Intelligence Days Payable Chart

Octave Intelligence Annual Data
Trend Dec22 Dec23 Dec24
Days Payable
0.00 34.67 36.71

Octave Intelligence Semi-Annual Data
Dec22 Dec23 Dec24
Days Payable 0.00 34.67 36.71

OCTV vs SRAD, DAVE, LIF: Days Payable Comparison

For the Software - Application subindustry, Octave Intelligence'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.


Octave Intelligence Days Payable vs Software Industry

For the Software industry and Technology sector, Octave Intelligence's Days Payable distribution charts can be found below:

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


OCTV
19GF Score
Octave Intelligence PLC OCTV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Octave Intelligence 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.

Octave Intelligence's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (42.731 + 44.405) / 2 ) / 433.18*365
=43.568 / 433.18*365
=36.71

Octave Intelligence's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (42.731 + 44.405) / 2 ) / 433.18*365 / 2
=43.568 / 433.18*365 / 2
=18.36

* 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 36.71 mean?
Octave Intelligence (OCTV) has a Days Payable of 36.71 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Octave Intelligence and its competitors. This is near median its historical median of 35.69. Over the past decade, Octave Intelligence's Days Payable has ranged from 34.67 to 36.71. According to the industry distribution chart, Octave Intelligence ranks #1621 out of 2610 companies in the Software industry, placing it in the top 62.1%.
Is Octave Intelligence's Days Payable too high?
Octave Intelligence's current Days Payable of 36.71 is near median its 10-year median of 35.69. Over the past 10 years, this metric has ranged from a low of 34.67 to a high of 36.71. The Software industry median Days Payable is 52.79. Octave Intelligence's value of 36.71 is 30.5% below this industry median. Based on the distribution chart, Octave Intelligence ranks #1621 out of 2610 companies in the Software industry, which is below the industry midpoint. Overall, Octave Intelligence has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Octave Intelligence's Days Payable compare to SRAD and DAVE?
According to the Software industry distribution chart, Octave Intelligence ranks #1621 out of 2610 companies for Days Payable. This places Octave Intelligence in the lower half of its industry. The industry median Days Payable is 52.79. Octave Intelligence's value of 36.71 is 30.5% below this benchmark. Historically, Octave Intelligence's own Days Payable has ranged from 34.67 to 36.71 over the past decade. While the company's 10-year median is 35.69 vs. the industry median of 52.79, Octave Intelligence 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,610 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. Octave Intelligence's current Days Payable of 36.71 is 30.5% 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 Octave Intelligence and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Octave Intelligence's current Days Payable is 36.71, which is near median its own 10-year median of 35.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octave Intelligence stock overvalued right now?
Octave Intelligence (OCTV) has a current Days Payable of 36.71. The current Days Payable is 36.71, which is near median its 10-year median of 35.69 and 30.5% below the Software industry median of 52.79. Octave Intelligence's overall GF Score™ is 19/100 with 1 warning sign 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 Octave Intelligence (OCTV), the current Days Payable is 36.71 as of Dec. 2024. 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.

Octave Intelligence Business Description

Address 305 Intergraph Way, Madison, AL, USA, 35758
Octave Intelligence PLC provides a suite of software solutions that help organizations design, build, operate, and protect their physical assets, people, and critical infrastructure. The company operates in a single business segment developing enterprise software used in design, construction, operations, and security. Geographically, it operates in Americas that includes the United States, and Other Americas (Canada, and Latin America); EMIA that includes Europe, Middle East, India, and Africa; and APAC that includes the Asia-Pacific region, excluding India. The company derives maximum revenue from Americas. Its products include: Octave Coda Spatial, Octave Alto Twin, Octave Coda, Octave Oncall, Octave Alto, Octave Imagine, Octave Oncall Dispatch, Octave Alto Lightspeed, and Others.
19GF Score

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$16.32
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