Inventronics (TSXV:IVX) Days Payable: 27.43 (As of Mar. 2026) — 17% Above Median

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TSXV:IVX Inventronics Ltd TSXV:IVX
44 GF Score
Price C$0.72
GF Value C$0.74
Valuation Fairly Valued
! 4 Warning Signs
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What is Inventronics Days Payable?

Inventronics TSXV:IVX 44 Days Payable is 27.43 as of Mar. 2026, which is 17% above its 10-year median of 23.49. GuruFocus rates TSXV:IVX with a GF Score™ of 44/100 and a GF Value™ of C$0.74 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Inventronics ranks worse than 85.6% on this metric.

Inventronics's average Accounts Payable for the three months ended in Mar. 2026 was C$0.47 Mil. Inventronics's Cost of Goods Sold for the three months ended in Mar. 2026 was C$1.57 Mil. Hence, Inventronics's Days Payable for the three months ended in Mar. 2026 was 27.43.

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

TSXV:IVX' s Days Payable Range Over the Past 10 Years
Min: 17.97   Med: 23.49   Max: 44.24
Current: 32.38

During the past 13 years, Inventronics's highest Days Payable was 44.24. The lowest was 17.97. And the median was 23.49.

TSXV:IVX's Days Payable is ranked worse than
85.6% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs TSXV:IVX: 32.38

Inventronics's Days Payable declined from Mar. 2025 (29.71) to Mar. 2026 (27.43). It may suggest that Inventronics accelerated paying its suppliers.


Inventronics Days Payable Historical Data

* Premium members only.

The historical data trend for Inventronics'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.

Inventronics Days Payable Chart

Inventronics 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 19.77 23.50 21.55 23.48 21.63

Inventronics 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 29.71 35.84 31.42 27.85 27.43

TSXV:IVX vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Inventronics'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.


Inventronics Days Payable vs Industrial Products Industry

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

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


TSXV:IVX
44GF Score
Inventronics Ltd TSXV:IVX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Inventronics 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.

Inventronics'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
=( (0.462 + 0.341) / 2 ) / 6.774*365
=0.4015 / 6.774*365
=21.63

Inventronics'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
=( (0.341 + 0.6) / 2 ) / 1.565*365 / 4
=0.4705 / 1.565*365 / 4
=27.43

* 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 27.43 mean?
Inventronics (TSXV:IVX) has a Days Payable of 27.43 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 Inventronics and its competitors. This is 17% above median its historical median of 23.49. Over the past decade, Inventronics' Days Payable has ranged from 17.97 to 44.24. According to the industry distribution chart, Inventronics ranks #2562 out of 2993 companies in the Industrial Products industry, placing it in the top 85.6%.
Is Inventronics' Days Payable too high?
Inventronics' current Days Payable of 27.43 is 17% above median its 10-year median of 23.49. Over the past 10 years, this metric has ranged from a low of 17.97 to a high of 44.24. The Industrial Products industry median Days Payable is 78.04. Inventronics' value of 27.43 is 64.9% below this industry median. Based on the distribution chart, Inventronics ranks #2562 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Inventronics has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inventronics' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Inventronics ranks #2562 out of 2993 companies for Days Payable. This places Inventronics in the lower half of its industry. The industry median Days Payable is 78.04. Inventronics' value of 27.43 is 64.9% below this benchmark. Historically, Inventronics' own Days Payable has ranged from 17.97 to 44.24 over the past decade. While the company's 10-year median is 23.49 vs. the industry median of 78.04, Inventronics 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. Inventronics's current Days Payable of 27.43 is 64.9% 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 Inventronics and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inventronics's current Days Payable is 27.43, which is 17% above median its own 10-year median of 23.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inventronics stock overvalued right now?
Based on GuruFocus' analysis, Inventronics (TSXV:IVX) is currently considered Fairly Valued. The stock's GF Value™ is C$0.74, compared to a current price of C$0.72 — trading 2.7% below its estimated fair value. The current Days Payable is 27.43, which is 17% above median its 10-year median of 23.49 and 64.9% below the Industrial Products industry median of 78.04. Inventronics' overall GF Score™ is 44/100 with 4 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 Inventronics (TSXV:IVX), the current Days Payable is 27.43 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.

Is Inventronics (TSXV:IVX) Overvalued in 2026?

Based on GuruFocus' analysis, Inventronics stock appears to be undervalued. The current stock price of C$0.72 is trading 2.7% below its estimated GF Value™ of C$0.74. GuruFocus considers Inventronics to be Fairly Valued.

Key valuation signals for TSXV:IVX:

  • Days Payable: 27.43 (17% above median its 10-year median of 23.49)
  • GF Value™: C$0.74 vs. price of C$0.72 (2.7% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 64.9% below the Industrial Products median (#2562 of 2993)

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


Inventronics Business Description

Address 1420 Van Horne Avenue East, Brandon, MB, CAN, R7A 7B6
Inventronics Ltd designs and manufactures custom protective enclosures and related products for the telecommunications, electric utility, cable television, oil and gas, electronics, and computer services industries in North America. Its product offerings include BD Pedestal Series, CP Pedestal Series, Bobcat Co-Locate Cabinet Series, NEMA 1/12 Cabinets & Enclosures, NEMA 4 / 4x Cabinets & Enclosures, and other related products.
44GF Score

Get the complete analysis for TSXV:IVX

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

C$0.72
Price
C$0.74
GF Value