Institut IGH DD (ZAG:IGH) Days Payable: 613.05 (As of Mar. 2026) — 170% Above Median


ZAG:IGH Institut IGH DD ZAG:IGH
60 GF Score
Price €12.20
GF Value €12.72
Valuation Fairly Valued
! 3 Warning Signs
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What is Institut IGH DD Days Payable?

Institut IGH DD ZAG:IGH 60 Days Payable is 613.05 as of Mar. 2026, which is 170% above its 10-year median of 226.89. GuruFocus rates ZAG:IGH with a GF Score™ of 60/100 and a GF Value™ of €12.72 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,709 Construction companies, Institut IGH DD ranks better than 89.47% on this metric.

Institut IGH DD's average Accounts Payable for the three months ended in Mar. 2026 was €5.85 Mil. Institut IGH DD's Cost of Goods Sold for the three months ended in Mar. 2026 was €0.87 Mil. Hence, Institut IGH DD's Days Payable for the three months ended in Mar. 2026 was 613.05.

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

ZAG:IGH' s Days Payable Range Over the Past 10 Years
Min: 111.74   Med: 226.89   Max: 364.28
Current: 335.73

During the past 13 years, Institut IGH DD's highest Days Payable was 364.28. The lowest was 111.74. And the median was 226.89.

ZAG:IGH's Days Payable is ranked better than
89.47% of 1709 companies
in the Construction industry
Industry Median: 76.72 vs ZAG:IGH: 335.73

Institut IGH DD's Days Payable increased from Mar. 2025 (454.35) to Mar. 2026 (613.05). It may suggest that Institut IGH DD delayed paying its suppliers.


Institut IGH DD Days Payable Historical Data

* Premium members only.

The historical data trend for Institut IGH DD'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.

Institut IGH DD Days Payable Chart

Institut IGH DD 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 211.25 242.52 185.32 351.73 364.28

Institut IGH DD 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 454.35 297.55 291.12 269.89 613.05

ZAG:IGH vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Institut IGH DD'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.


Institut IGH DD Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Institut IGH DD's Days Payable distribution charts can be found below:

* The bar in red indicates where Institut IGH DD's Days Payable falls into.


ZAG:IGH
60GF Score
Institut IGH DD ZAG:IGH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Institut IGH DD 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.

Institut IGH DD'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
=( (4.958 + 6.182) / 2 ) / 5.581*365
=5.57 / 5.581*365
=364.28

Institut IGH DD'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
=( (6.182 + 5.508) / 2 ) / 0.87*365 / 4
=5.845 / 0.87*365 / 4
=613.05

* 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 613.05 mean?
Institut IGH DD (ZAG:IGH) has a Days Payable of 613.05 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 Institut IGH DD and its competitors. This is 170% above median its historical median of 226.89. Over the past decade, Institut IGH DD's Days Payable has ranged from 111.74 to 364.28. According to the industry distribution chart, Institut IGH DD ranks #180 out of 1709 companies in the Construction industry, placing it in the top 10.5%.
Is Institut IGH DD's Days Payable too high?
Institut IGH DD's current Days Payable of 613.05 is 170% above median its 10-year median of 226.89. Over the past 10 years, this metric has ranged from a low of 111.74 to a high of 364.28. The Construction industry median Days Payable is 76.72. Institut IGH DD's value of 613.05 is 699.1% above this industry median. Based on the distribution chart, Institut IGH DD ranks #180 out of 1709 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Institut IGH DD has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Institut IGH DD's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Institut IGH DD ranks #180 out of 1709 companies for Days Payable. This places Institut IGH DD in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.72. Institut IGH DD's value of 613.05 is 699.1% above this benchmark. Historically, Institut IGH DD's own Days Payable has ranged from 111.74 to 364.28 over the past decade. While the company's 10-year median is 226.89 vs. the industry median of 76.72, Institut IGH DD 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 Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 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. Institut IGH DD's current Days Payable of 613.05 is 699.1% 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 Institut IGH DD and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Institut IGH DD's current Days Payable is 613.05, which is 170% above median its own 10-year median of 226.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Institut IGH DD stock overvalued right now?
Based on GuruFocus' analysis, Institut IGH DD (ZAG:IGH) is currently considered Fairly Valued. The stock's GF Value™ is €12.72, compared to a current price of €12.20 — trading 4.1% below its estimated fair value. The current Days Payable is 613.05, which is 170% above median its 10-year median of 226.89 and 699.1% above the Construction industry median of 76.72. Institut IGH DD's overall GF Score™ is 60/100 with 3 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 Institut IGH DD (ZAG:IGH), the current Days Payable is 613.05 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 Institut IGH DD (ZAG:IGH) Overvalued in 2026?

Based on GuruFocus' analysis, Institut IGH DD stock appears to be undervalued. The current stock price of €12.20 is trading 4.1% below its estimated GF Value™ of €12.72. GuruFocus considers Institut IGH DD to be Fairly Valued.

Key valuation signals for ZAG:IGH:

  • Days Payable: 613.05 (170% above median its 10-year median of 226.89)
  • GF Value™: €12.72 vs. price of €12.20 (4.1% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 699.1% above the Construction median (#180 of 1709)

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


Institut IGH DD Business Description

Address Janka Rakuse 1, Zagreb, HRV, 10000
Institut IGH DD is a consulting company for engineering services in the field of construction in Croatia and the region, providing support to infrastructure and investment projects and solutions in the field of construction in Croatia and international markets. Its services are management of holding companies, architectural and engineering activities, technical consulting, improvement of regulations in the field of construction, improvement of development programs and construction technologies, and protection, preservation, and improvement of space. Its segments include Department of Design, the Department of Professional Supervision and Project Management generate maximum revenue, Department of Materials and Structures, Branches, and Management and Support Services.
60GF Score

Get the complete analysis for ZAG:IGH

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

€12.20
Price
€12.72
GF Value