ADNH (Advent Technologies Holdings) Days Payable: 2,699.08 (As of Sep. 2025) — 1087% Above Median

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What is Advent Technologies Holdings Days Payable?

Advent Technologies Holdings ADNH Days Payable is 2,699.08 as of Sep. 2025, which is 1087% above its 10-year median of 227.37. The stock has 6 warning signs investors should review. Among 2,994 Industrial Products companies, Advent Technologies Holdings ranks better than 99.63% on this metric.

Advent Technologies Holdings's average Accounts Payable for the three months ended in Sep. 2025 was $12.93 Mil. Advent Technologies Holdings's Cost of Goods Sold for the three months ended in Sep. 2025 was $0.44 Mil. Hence, Advent Technologies Holdings's Days Payable for the three months ended in Sep. 2025 was 2,699.08.

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

ADNH' s Days Payable Range Over the Past 10 Years
Min: 193.03   Med: 227.37   Max: 3239
Current: 3239

During the past 6 years, Advent Technologies Holdings's highest Days Payable was 3239.00. The lowest was 193.03. And the median was 227.37.

ADNH's Days Payable is ranked better than
99.63% of 2994 companies
in the Industrial Products industry
Industry Median: 78.065 vs ADNH: 3239.00

Advent Technologies Holdings's Days Payable declined from Sep. 2024 (3,082.81) to Sep. 2025 (2,699.08). It may suggest that Advent Technologies Holdings accelerated paying its suppliers.


Advent Technologies Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Advent Technologies Holdings'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.

Advent Technologies Holdings Days Payable Chart

Advent Technologies Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 321.68 193.03 202.41 227.37 2,542.00

Advent Technologies Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 3,082.81 2,554.85 5,062.77 4,280.14 2,699.08

ADNH vs LNKS, OZSC, KRFG: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Advent Technologies Holdings'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.


Advent Technologies Holdings Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Advent Technologies Holdings's Days Payable falls into.



Advent Technologies Holdings 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.

Advent Technologies Holdings's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (3.996 + 16.73) / 2 ) / 1.488*365
=10.363 / 1.488*365
=2,542.00

Advent Technologies Holdings's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (18.883 + 6.969) / 2 ) / 0.437*365 / 4
=12.926 / 0.437*365 / 4
=2,699.08

* 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 2,699.08 mean?
Advent Technologies Holdings (ADNH) has a Days Payable of 2,699.08 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Advent Technologies Holdings and its competitors. This is 1087% above median its historical median of 227.37. Over the past decade, Advent Technologies Holdings' Days Payable has ranged from 193.03 to 3,239.00. According to the industry distribution chart, Advent Technologies Holdings ranks #11 out of 2994 companies in the Industrial Products industry, placing it in the top 0.40000000000001%.
Is Advent Technologies Holdings' Days Payable too high?
Advent Technologies Holdings' current Days Payable of 2,699.08 is 1087% above median its 10-year median of 227.37. Over the past 10 years, this metric has ranged from a low of 193.03 to a high of 3,239.00. The Industrial Products industry median Days Payable is 78.07. Advent Technologies Holdings' value of 2,699.08 is 3357.5% above this industry median. Based on the distribution chart, Advent Technologies Holdings ranks #11 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Advent Technologies Holdings' Days Payable compare to LNKS and OZSC?
According to the Industrial Products industry distribution chart, Advent Technologies Holdings ranks #11 out of 2994 companies for Days Payable. This places Advent Technologies Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.07. Advent Technologies Holdings' value of 2,699.08 is 3357.5% above this benchmark. Historically, Advent Technologies Holdings' own Days Payable has ranged from 193.03 to 3,239.00 over the past decade. While the company's 10-year median is 227.37 vs. the industry median of 78.07, Advent Technologies Holdings 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,994 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. Advent Technologies Holdings's current Days Payable of 2,699.08 is 3357.5% 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 Advent Technologies Holdings and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advent Technologies Holdings's current Days Payable is 2,699.08, which is 1087% above median its own 10-year median of 227.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advent Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, Advent Technologies Holdings (ADNH) is currently considered Possible Value Trap. The stock's GF Value™ is $0.06, compared to a current price of $0.00 — trading 99.5% below its estimated fair value. The current Days Payable is 2,699.08, which is 1087% above median its 10-year median of 227.37 and 3357.5% above the Industrial Products industry median of 78.07. 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 Advent Technologies Holdings (ADNH), the current Days Payable is 2,699.08 as of Sep. 2025. 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.

Advent Technologies Holdings Business Description

Address 5637 La Ribera Street, Suite A, Livermore, CA, USA, 94550
Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space, including liquid hydrogen carriers such as methanol. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.