Govena Lighting (WAR:GOV) Days Payable: 61.78 (As of Mar. 2024)


WAR:GOV Govena Lighting SA WAR:GOV
36 GF Score
Price zł0.27
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What is Govena Lighting Days Payable?

Govena Lighting WAR:GOV 36 Days Payable is 61.78 as of Mar. 2024. GuruFocus rates WAR:GOV with a GF Score™ of 36/100.

Govena Lighting's average Accounts Payable for the three months ended in Mar. 2024 was zł0.64 Mil. Govena Lighting's Cost of Goods Sold for the three months ended in Mar. 2024 was zł0.95 Mil. Hence, Govena Lighting's Days Payable for the three months ended in Mar. 2024 was 61.78.

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

WAR:GOV's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 77.81
* Ranked among companies with meaningful Days Payable only.

Govena Lighting's Days Payable increased from Sep. 2022 (0.00) to Mar. 2024 (61.78). It may suggest that Govena Lighting delayed paying its suppliers.

Govena Lighting Days Payable Historical Data

* Premium members only.

The historical data trend for Govena Lighting'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.

Govena Lighting Days Payable Chart

Govena Lighting Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 54.20 52.50 74.55 73.59 60.70

Govena Lighting Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24
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 0.00 40.41 39.72 99.14 61.78

WAR:GOV vs HUBB, VRT, NVT: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Govena Lighting'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.

Govena Lighting Days Payable vs Industrial Products Industry

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

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


WAR:GOV
36GF Score
Govena Lighting SA WAR:GOV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Govena Lighting 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.

Govena Lighting's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.818 + 0.697) / 2 ) / 4.555*365
=0.7575 / 4.555*365
=60.70

Govena Lighting's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.664 + 0.621) / 2 ) / 0.949*365 / 4
=0.6425 / 0.949*365 / 4
=61.78

* 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 61.78 mean?
Govena Lighting (WAR:GOV) has a Days Payable of 61.78 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Govena Lighting and its competitors.
Is Govena Lighting's Days Payable too high?
Govena Lighting's current Days Payable is 61.78. The Industrial Products industry median Days Payable is 77.81. Govena Lighting's value of 61.78 is 20.6% below this industry median. Overall, Govena Lighting has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Govena Lighting's Days Payable compare to HUBB and VRT?
Govena Lighting's Days Payable of 61.78 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.81. Govena Lighting's value of 61.78 is 20.6% below this benchmark. 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 77.81, based on 2,986 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. Govena Lighting's current Days Payable of 61.78 is 20.6% 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 Govena Lighting and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Govena Lighting's current Days Payable is 61.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Govena Lighting stock overvalued right now?
Govena Lighting (WAR:GOV) has a current Days Payable of 61.78. The current Days Payable is 61.78 and 20.6% below the Industrial Products industry median of 77.81. Govena Lighting's overall GF Score™ is 36/100. 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 Govena Lighting (WAR:GOV), the current Days Payable is 61.78 as of Mar. 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.

Govena Lighting Business Description

Address ul. Sluzewska 8-15, Torun, POL, 87-100
Govena Lighting SA is a manufacturer of electronics, a contractor of services and a supplier of finished and semi-finished products. It works with lighting-industry customers, manufacturers of electricity meters and cash registers, and with power-industry customers. The products offered by the company include Electronic Transformers, LED power supply, Dimmer, Switches and sockets and LED profiles.
36GF Score

Get the complete analysis for WAR:GOV

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

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