Incergo (WBO:ICG) Days Payable: 56.38 (As of Jun. 2023)


WBO:ICG Incergo SA WBO:ICG
19 GF Score
Price €1.65
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What is Incergo Days Payable?

Incergo WBO:ICG 19 Days Payable is 56.38 as of Jun. 2023. GuruFocus rates WBO:ICG with a GF Score™ of 19/100.

Incergo's average Accounts Payable for the six months ended in Jun. 2023 was €0.39 Mil. Incergo's Cost of Goods Sold for the six months ended in Jun. 2023 was €1.27 Mil. Hence, Incergo's Days Payable for the six months ended in Jun. 2023 was 56.38.

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

WBO:ICG's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

Incergo's Days Payable increased from Dec. 2021 (0.00) to Jun. 2023 (56.38). It may suggest that Incergo delayed paying its suppliers.

Incergo Days Payable Historical Data

* Premium members only.

The historical data trend for Incergo'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.

Incergo Days Payable Chart

Incergo Annual Data
Trend Dec20 Dec21
Days Payable
0.00 0.00

Incergo Semi-Annual Data
Dec20 Dec21 Jun22 Jun23
Days Payable 0.00 0.00 0.00 56.38

WBO:ICG vs : Days Payable Comparison

For the Specialty Business Services subindustry, Incergo'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.

Incergo Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Incergo's Days Payable distribution charts can be found below:

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


WBO:ICG
19GF Score
Incergo SA WBO:ICG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Incergo 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.

Incergo's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Incergo's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 0.392) / 1 ) / 1.269*365 / 2
=0.392 / 1.269*365 / 2
=56.38

* 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 56.38 mean?
Incergo (WBO:ICG) has a Days Payable of 56.38 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Incergo and its competitors.
Is Incergo's Days Payable too high?
Incergo's current Days Payable is 56.38. The Business Services industry median Days Payable is 46.92. Incergo's value of 56.38 is 20.2% above this industry median. Overall, Incergo has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Incergo's Days Payable compare to ?
Incergo's Days Payable of 56.38 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. Incergo's value of 56.38 is 20.2% above 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 a Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Incergo's current Days Payable of 56.38 is 20.2% 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 Incergo and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Incergo's current Days Payable is 56.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incergo stock overvalued right now?
Incergo (WBO:ICG) has a current Days Payable of 56.38. The current Days Payable is 56.38 and 20.2% above the Business Services industry median of 46.92. Incergo's overall GF Score™ is 19/100. 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 Incergo (WBO:ICG), the current Days Payable is 56.38 as of Jun. 2023. 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.

Incergo Business Description

Comparable Companies
Address 33 rue du Puits Romain, Bertrange, LUX, L-8070
Incergo SA is a holding company that acquires companies that are master franchise businesses. It offers all master franchisors and their franchisees various services including Share support services, Management expertise, Marketing and branding, and Customer service.
19GF Score

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

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