Alpha Trust Andromeda Investment Trust (ATH:ANDRO) Days Payable: 4.67 (As of Mar. 2026) — 76% Below Median


ATH:ANDRO Alpha Trust Andromeda Investment Trust SA ATH:ANDRO
73 GF Score
Price €8.44
GF Value €7.39
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Alpha Trust Andromeda Investment Trust Days Payable?

Alpha Trust Andromeda Investment Trust ATH:ANDRO +1.93% 73 Days Payable is 4.67 as of Mar. 2026, which is 76% below its 10-year median of 19.55. GuruFocus rates ATH:ANDRO with a GF Score™ of 73/100 and a GF Value™ of €7.39 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 483 Asset Management companies, Alpha Trust Andromeda Investment Trust ranks worse than 93.17% on this metric.

Alpha Trust Andromeda Investment Trust's average Accounts Payable for the three months ended in Mar. 2026 was €0.01 Mil. Alpha Trust Andromeda Investment Trust's Cost of Goods Sold for the three months ended in Mar. 2026 was €0.17 Mil. Hence, Alpha Trust Andromeda Investment Trust's Days Payable for the three months ended in Mar. 2026 was 4.67.

The historical rank and industry rank for Alpha Trust Andromeda Investment Trust's Days Payable or its related term are showing as below:

ATH:ANDRO' s Days Payable Range Over the Past 10 Years
Min: 0.18   Med: 19.55   Max: 172.27
Current: 7.51

During the past 13 years, Alpha Trust Andromeda Investment Trust's highest Days Payable was 172.27. The lowest was 0.18. And the median was 19.55.

ATH:ANDRO's Days Payable is ranked worse than
93.17% of 483 companies
in the Asset Management industry
Industry Median: 72.22 vs ATH:ANDRO: 7.51

Alpha Trust Andromeda Investment Trust's Days Payable declined from Mar. 2025 (65.77) to Mar. 2026 (4.67). It may suggest that Alpha Trust Andromeda Investment Trust accelerated paying its suppliers.


Alpha Trust Andromeda Investment Trust Days Payable Related Terms


Alpha Trust Andromeda Investment Trust Days Payable Historical Data

* Premium members only.

The historical data trend for Alpha Trust Andromeda Investment Trust'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.

Alpha Trust Andromeda Investment Trust Days Payable Chart

Alpha Trust Andromeda Investment Trust 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 0.56 1.36 0.18 172.27 41.48

Alpha Trust Andromeda Investment Trust Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 65.77 13.93 1.25 1.06 4.67

ATH:ANDRO vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Alpha Trust Andromeda Investment Trust'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.


Alpha Trust Andromeda Investment Trust Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Alpha Trust Andromeda Investment Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where Alpha Trust Andromeda Investment Trust's Days Payable falls into.


ATH:ANDRO
73GF Score
Alpha Trust Andromeda Investment Trust SA ATH:ANDRO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Trust Andromeda Investment Trust 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.

Alpha Trust Andromeda Investment Trust'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
=( (0.48 + 0.005) / 2 ) / 2.134*365
=0.2425 / 2.134*365
=41.48

Alpha Trust Andromeda Investment Trust'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
=( (0.005 + 0.012) / 2 ) / 0.166*365 / 4
=0.0085 / 0.166*365 / 4
=4.67

* 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 4.67 mean?
Alpha Trust Andromeda Investment Trust (ATH:ANDRO) has a Days Payable of 4.67 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 Alpha Trust Andromeda Investment Trust and its competitors. This is 76% below median its historical median of 19.55. Over the past decade, Alpha Trust Andromeda Investment Trust's Days Payable has ranged from 0.18 to 172.27. According to the industry distribution chart, Alpha Trust Andromeda Investment Trust ranks #450 out of 483 companies in the Asset Management industry, placing it in the top 93.2%.
Is Alpha Trust Andromeda Investment Trust's Days Payable too high?
Alpha Trust Andromeda Investment Trust's current Days Payable of 4.67 is 76% below median its 10-year median of 19.55. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 172.27. The Asset Management industry median Days Payable is 72.22. Alpha Trust Andromeda Investment Trust's value of 4.67 is 93.5% below this industry median. Based on the distribution chart, Alpha Trust Andromeda Investment Trust ranks #450 out of 483 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Alpha Trust Andromeda Investment Trust has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Trust Andromeda Investment Trust's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Alpha Trust Andromeda Investment Trust ranks #450 out of 483 companies for Days Payable. This places Alpha Trust Andromeda Investment Trust in the lower half of its industry. The industry median Days Payable is 72.22. Alpha Trust Andromeda Investment Trust's value of 4.67 is 93.5% below this benchmark. Historically, Alpha Trust Andromeda Investment Trust's own Days Payable has ranged from 0.18 to 172.27 over the past decade. While the company's 10-year median is 19.55 vs. the industry median of 72.22, Alpha Trust Andromeda Investment Trust has consistently been below 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 Asset Management company?
The median Days Payable among Asset Management companies is 72.22, based on 483 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. Alpha Trust Andromeda Investment Trust's current Days Payable of 4.67 is 93.5% below 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 Alpha Trust Andromeda Investment Trust and its competitors. For the Asset Management industry, the median Days Payable is 72.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Trust Andromeda Investment Trust's current Days Payable is 4.67, which is 76% below median its own 10-year median of 19.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Trust Andromeda Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Alpha Trust Andromeda Investment Trust (ATH:ANDRO) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.39, compared to a current price of €8.44 — trading 14.2% above its estimated fair value. The current Days Payable is 4.67, which is 76% below median its 10-year median of 19.55 and 93.5% below the Asset Management industry median of 72.22. Alpha Trust Andromeda Investment Trust's overall GF Score™ is 73/100 with 2 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 Alpha Trust Andromeda Investment Trust (ATH:ANDRO), the current Days Payable is 4.67 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 Alpha Trust Andromeda Investment Trust (ATH:ANDRO) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Trust Andromeda Investment Trust stock appears to be overvalued. The current stock price of €8.44 is trading 14.2% above its estimated GF Value™ of €7.39. GuruFocus considers Alpha Trust Andromeda Investment Trust to be Modestly Overvalued.

Key valuation signals for ATH:ANDRO:

  • Days Payable: 4.67 (76% below median its 10-year median of 19.55)
  • GF Value™: €7.39 vs. price of €8.44 (14.2% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 93.5% below the Asset Management median (#450 of 483)

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


Alpha Trust Andromeda Investment Trust Business Description

Address 21, Tatoiou Street, Kifisia, Athens, GRC, 145 61
Alpha Trust Andromeda Investment Trust SA is a portfolio investment trust based in Greece. It engages in the management of financial assets. The investment portfolio includes listed domestic stock, Greek government bonds, corporate bonds, bonds, and derivatives.
73GF Score

Get the complete analysis for ATH:ANDRO

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

€8.44
Price
€7.39
GF Value