INCWAR:INC +4.75%55 Days Payable is 207.28 as of Mar. 2026, which is 79% above its 10-year median of 115.61. GuruFocus rates WAR:INC with a GF Score™ of 55/100 and a GF Value™ of zł2.98 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 541 Capital Markets companies, INC ranks better than 66.17% on this metric.
INC's average Accounts Payable for the
three
months ended in Mar. 2026 was zł2.00 Mil. INC's Cost of Goods Sold for the
three
months ended in Mar. 2026 was zł0.88 Mil.
Hence, INC's Days Payable for the
three
months ended in Mar. 2026 was 207.28.
The historical rank and industry rank for INC's Days Payable or its related term are showing as below:
WAR:INC'
s Days Payable Range Over the Past 10 Years
Min: 42.3 Med: 115.61 Max: 531.41
Current: 290.97
During the past 13 years, INC's highest Days Payable was 531.41. The lowest was 42.30. And the median was 115.61.
WAR:INC's Days Payable is ranked better than 66.17% of 541
companies
in the Capital Markets industry
Industry Median: 92.89
vs WAR:INC: 290.97
INC's Days Payable
declined
from Dec. 2024 (267.97) to Mar. 2026 (207.28).
It may suggest that INCaccelerated paying its suppliers.
INC Days Payable Related Terms
INC Days Payable Historical Data
* Premium members only.
The historical data trend for INC'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.
For the Capital Markets subindustry, INC'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.
INC Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, INC's Days Payable distribution charts can be found below:
* The bar in red indicates where INC's Days Payable falls into.
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.
INC's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
INC (WAR:INC) has a Days Payable of 207.28 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 INC and its competitors. This is 79% above median its historical median of 115.61. Over the past decade, INC's Days Payable has ranged from 42.30 to 531.41. According to the industry distribution chart, INC ranks #183 out of 541 companies in the Capital Markets industry, placing it in the top 33.8%.
Is INC's Days Payable too high?
INC's current Days Payable of 207.28 is 79% above median its 10-year median of 115.61. Over the past 10 years, this metric has ranged from a low of 42.30 to a high of 531.41. The Capital Markets industry median Days Payable is 92.89. INC's value of 207.28 is 123.1% above this industry median. Based on the distribution chart, INC ranks #183 out of 541 companies in the Capital Markets industry, which is above the industry midpoint. Overall, INC has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does INC's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, INC ranks #183 out of 541 companies for Days Payable. This puts INC in the upper half of its industry. The industry median Days Payable is 92.89. INC's value of 207.28 is 123.1% above this benchmark. Historically, INC's own Days Payable has ranged from 42.30 to 531.41 over the past decade. While the company's 10-year median is 115.61 vs. the industry median of 92.89, INC 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 a Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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. INC's current Days Payable of 207.28 is 123.1% 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 INC and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INC's current Days Payable is 207.28, which is 79% above median its own 10-year median of 115.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INC stock overvalued right now?
Based on GuruFocus' analysis, INC (WAR:INC) is currently considered Possible Value Trap. The stock's GF Value™ is zł2.98, compared to a current price of zł1.55 — trading 48.2% below its estimated fair value. The current Days Payable is 207.28, which is 79% above median its 10-year median of 115.61 and 123.1% above the Capital Markets industry median of 92.89. INC's overall GF Score™ is 55/100 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 INC (WAR:INC), the current Days Payable is 207.28 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 INC (WAR:INC) Overvalued in 2026?
Based on GuruFocus' analysis, INC stock appears to be undervalued.
The current stock price of zł1.55 is trading 48.2% below its estimated GF Value™ of zł2.98.
GuruFocus considers INC to be Possible Value Trap.
Key valuation signals for WAR:INC:
Days Payable: 207.28 (79% above median its 10-year median of 115.61)
GF Value™: zł2.98 vs. price of zł1.55 (48.2% below fair value)
Industry Position: 123.1% above the Capital Markets median (#183 of 541)
No single metric tells the full story. See the WAR:INC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INC SA operates in the area of investment and advisory services in the Polish capital market. The company supports the development of small and medium-sized enterprises, as well as local government units.
55GF Score
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