IGM Vratnica AD (XMAE:IGMV) Days Payable: 0.00 (As of . 20)

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XMAE:IGMV IGM Vratnica AD XMAE:IGMV
14 GF Score
Price MKD1,266.00
! 1 Warning Sign
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What is IGM Vratnica AD Days Payable?

IGM Vratnica AD XMAE:IGMV 14 Days Payable is 0.00 as of . 20. GuruFocus rates XMAE:IGMV with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

IGM Vratnica AD's average Accounts Payable for the six months ended in . 20 was MKD0.00 Mil. IGM Vratnica AD's Cost of Goods Sold for the six months ended in . 20 was MKD0.00 Mil.

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

XMAE:IGMV's Days Payable is not ranked *
in the Building Materials industry.
Industry Median: 69.2
* Ranked among companies with meaningful Days Payable only.

IGM Vratnica AD's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

IGM Vratnica AD Days Payable Historical Data

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The historical data trend for IGM Vratnica AD'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.

IGM Vratnica AD Days Payable Chart

IGM Vratnica AD Annual Data
Trend
Days Payable

IGM Vratnica AD Semi-Annual Data
Days Payable

IGM Vratnica AD Days Payable Competitor Comparison

For the Building Materials subindustry, IGM Vratnica AD'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.

IGM Vratnica AD Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IGM Vratnica AD's Days Payable distribution charts can be found below:

* The bar in red indicates where IGM Vratnica AD's Days Payable falls into.


XMAE:IGMV
14GF Score
IGM Vratnica AD XMAE:IGMV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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IGM Vratnica AD 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.

IGM Vratnica AD's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

IGM Vratnica AD's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=0 / *365 / 2
=N/A

* 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 0.00 mean?
IGM Vratnica AD (XMAE:IGMV) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IGM Vratnica AD and its competitors.
Is IGM Vratnica AD's Days Payable too high?
IGM Vratnica AD's current Days Payable is 0.00. Overall, IGM Vratnica AD has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does IGM Vratnica AD's Days Payable compare to competitors?
IGM Vratnica AD's Days Payable of 0.00 can be compared against companies in the Building Materials industry. The industry median Days Payable is 69.20. 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.20, based on 395 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. 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 IGM Vratnica AD and its competitors. For the Building Materials industry, the median Days Payable is 69.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGM Vratnica AD's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Vratnica AD stock overvalued right now?
IGM Vratnica AD (XMAE:IGMV) has a current Days Payable of 0.00. The current Days Payable is 0.00. IGM Vratnica AD's overall GF Score™ is 14/100 with 1 warning sign 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 IGM Vratnica AD (XMAE:IGMV), the current Days Payable is 0.00 as of . 20. 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.

IGM Vratnica AD Business Description

Address Jegunovce, Vratnica, MKD, 1225
IGM Vratnica AD is engaged in manufacturing of building materials including concrete, construction adhesives, decorative plasters, and among others. Its products are applied in the construction industry, civil engineering in the construction of parterners, access roads, slopes, paths, sidewalks, transport and industrial depots, street arranging.
14GF Score

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

MKD1,266.00
Price