SCAXF (Sparta Capital) Days Payable: 255.45 (As of Mar. 2026) — 61% Above Median


What is Sparta Capital Days Payable?

Sparta Capital SCAXF Days Payable is 255.45 as of Mar. 2026, which is 61% above its 10-year median of 158.81. The stock has 2 warning signs investors should review. Among 2,997 Industrial Products companies, Sparta Capital ranks better than 77.41% on this metric.

Sparta Capital's average Accounts Payable for the three months ended in Mar. 2026 was $0.98 Mil. Sparta Capital's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.35 Mil. Hence, Sparta Capital's Days Payable for the three months ended in Mar. 2026 was 255.45.

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

SCAXF' s Days Payable Range Over the Past 10 Years
Min: 87.46   Med: 158.81   Max: 671.85
Current: 154.04

During the past 13 years, Sparta Capital's highest Days Payable was 671.85. The lowest was 87.46. And the median was 158.81.

SCAXF's Days Payable is ranked better than
77.41% of 2997 companies
in the Industrial Products industry
Industry Median: 77.54 vs SCAXF: 154.04

Sparta Capital's Days Payable increased from Mar. 2025 (104.45) to Mar. 2026 (255.45). It may suggest that Sparta Capital delayed paying its suppliers.


Sparta Capital Days Payable Historical Data

* Premium members only.

The historical data trend for Sparta Capital'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.

Sparta Capital Days Payable Chart

Sparta Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 169.64 92.30 88.07 144.51 181.50

Sparta Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 104.45 28.07 680.23 333.32 255.45

SCAXF vs RAKR, VLTO, ZWS: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, Sparta Capital'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.


Sparta Capital Days Payable vs Industrial Products Industry

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

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



Sparta Capital 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.

Sparta Capital's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (0.767 + 1.235) / 2 ) / 2.013*365
=1.001 / 2.013*365
=181.50

Sparta Capital's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1.132 + 0.822) / 2 ) / 0.349*365 / 4
=0.977 / 0.349*365 / 4
=255.45

* 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 255.45 mean?
Sparta Capital (SCAXF) has a Days Payable of 255.45 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 Sparta Capital and its competitors. This is 61% above median its historical median of 158.81. Over the past decade, Sparta Capital's Days Payable has ranged from 87.46 to 671.85. According to the industry distribution chart, Sparta Capital ranks #677 out of 2997 companies in the Industrial Products industry, placing it in the top 22.6%.
Is Sparta Capital's Days Payable too high?
Sparta Capital's current Days Payable of 255.45 is 61% above median its 10-year median of 158.81. Over the past 10 years, this metric has ranged from a low of 87.46 to a high of 671.85. The Industrial Products industry median Days Payable is 77.54. Sparta Capital's value of 255.45 is 229.4% above this industry median. Based on the distribution chart, Sparta Capital ranks #677 out of 2997 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Sparta Capital's Days Payable compare to RAKR and VLTO?
According to the Industrial Products industry distribution chart, Sparta Capital ranks #677 out of 2997 companies for Days Payable. This places Sparta Capital in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.54. Sparta Capital's value of 255.45 is 229.4% above this benchmark. Historically, Sparta Capital's own Days Payable has ranged from 87.46 to 671.85 over the past decade. While the company's 10-year median is 158.81 vs. the industry median of 77.54, Sparta Capital 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 77.54, based on 2,997 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. Sparta Capital's current Days Payable of 255.45 is 229.4% 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 Sparta Capital and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparta Capital's current Days Payable is 255.45, which is 61% above median its own 10-year median of 158.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparta Capital stock overvalued right now?
Based on GuruFocus' analysis, Sparta Capital (SCAXF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.02, compared to a current price of $0.00 — trading 87% below its estimated fair value. The current Days Payable is 255.45, which is 61% above median its 10-year median of 158.81 and 229.4% above the Industrial Products industry median of 77.54. 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 Sparta Capital (SCAXF), the current Days Payable is 255.45 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.

Sparta Capital Business Description

Address 390 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 2Y2
Sparta Capital Ltd is a Canada-based company focused on product development, manufacturing, distribution, sales, and service across a range of complementary products. The company's reportable business segments include Electronics Recycling and Safety Products. It generates maximum revenue from the Electronics Recycling segment through Re-ECO, which recycles and refurbishes electronic waste and devices.