AVAX (ATH:AVAX) Days Payable: 101.34 (As of Dec. 2025) — 18% Below Median


ATH:AVAX AVAX SA ATH:AVAX
64 GF Score
Price €3.43
GF Value €2.93
Valuation Modestly Overvalued
! 7 Warning Signs
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What is AVAX Days Payable?

AVAX ATH:AVAX -0.29% 64 Days Payable is 101.34 as of Dec. 2025, which is 18% below its 10-year median of 123.49. GuruFocus rates ATH:AVAX with a GF Score™ of 64/100 and a GF Value™ of €2.93 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,715 Construction companies, AVAX ranks better than 61.11% on this metric.

AVAX's average Accounts Payable for the six months ended in Dec. 2025 was €247.8 Mil. AVAX's Cost of Goods Sold for the six months ended in Dec. 2025 was €446.3 Mil. Hence, AVAX's Days Payable for the six months ended in Dec. 2025 was 101.34.

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

ATH:AVAX' s Days Payable Range Over the Past 10 Years
Min: 92.05   Med: 123.49   Max: 179.35
Current: 98.75

During the past 12 years, AVAX's highest Days Payable was 179.35. The lowest was 92.05. And the median was 123.49.

ATH:AVAX's Days Payable is ranked better than
61.11% of 1715 companies
in the Construction industry
Industry Median: 76.72 vs ATH:AVAX: 98.75

AVAX's Days Payable increased from Dec. 2024 (98.51) to Dec. 2025 (101.34). It may suggest that AVAX delayed paying its suppliers.


AVAX Days Payable Historical Data

* Premium members only.

The historical data trend for AVAX'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.

AVAX Days Payable Chart

AVAX 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 100.21 123.71 127.74 115.47 92.05

AVAX Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 117.24 127.64 98.51 102.97 101.34

ATH:AVAX vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, AVAX'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.


AVAX Days Payable vs Construction Industry

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

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


ATH:AVAX
64GF Score
AVAX SA ATH:AVAX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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AVAX 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.

AVAX'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
=( (190.296 + 235.953) / 2 ) / 845.132*365
=213.1245 / 845.132*365
=92.05

AVAX's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (259.723 + 235.953) / 2 ) / 446.345*365 / 2
=247.838 / 446.345*365 / 2
=101.34

* 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 101.34 mean?
AVAX (ATH:AVAX) has a Days Payable of 101.34 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on AVAX and its competitors. This is 18% below median its historical median of 123.49. Over the past decade, AVAX's Days Payable has ranged from 92.05 to 179.35. According to the industry distribution chart, AVAX ranks #667 out of 1715 companies in the Construction industry, placing it in the top 38.9%.
Is AVAX's Days Payable too high?
AVAX's current Days Payable of 101.34 is 18% below median its 10-year median of 123.49. Over the past 10 years, this metric has ranged from a low of 92.05 to a high of 179.35. The Construction industry median Days Payable is 76.72. AVAX's value of 101.34 is 32.1% above this industry median. Based on the distribution chart, AVAX ranks #667 out of 1715 companies in the Construction industry, which is above the industry midpoint. Overall, AVAX has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AVAX's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, AVAX ranks #667 out of 1715 companies for Days Payable. This puts AVAX in the upper half of its industry. The industry median Days Payable is 76.72. AVAX's value of 101.34 is 32.1% above this benchmark. Historically, AVAX's own Days Payable has ranged from 92.05 to 179.35 over the past decade. While the company's 10-year median is 123.49 vs. the industry median of 76.72, AVAX 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 1,715 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. AVAX's current Days Payable of 101.34 is 32.1% 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 AVAX 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. AVAX's current Days Payable is 101.34, which is 18% below median its own 10-year median of 123.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVAX stock overvalued right now?
Based on GuruFocus' analysis, AVAX (ATH:AVAX) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.93, compared to a current price of €3.43 — trading 16.9% above its estimated fair value. The current Days Payable is 101.34, which is 18% below median its 10-year median of 123.49 and 32.1% above the Construction industry median of 76.72. AVAX's overall GF Score™ is 64/100 with 7 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 AVAX (ATH:AVAX), the current Days Payable is 101.34 as of Dec. 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.

Is AVAX (ATH:AVAX) Overvalued in 2026?

Based on GuruFocus' analysis, AVAX stock appears to be overvalued. The current stock price of €3.43 is trading 16.9% above its estimated GF Value™ of €2.93. GuruFocus considers AVAX to be Modestly Overvalued.

Key valuation signals for ATH:AVAX:

  • Days Payable: 101.34 (18% below median its 10-year median of 123.49)
  • GF Value™: €2.93 vs. price of €3.43 (16.9% above fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 32.1% above the Construction median (#667 of 1715)

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


AVAX Business Description

Other Exchanges 0DO2:UKIJ6:Germany
Address 16 Amaroussiou, Halandriou Street, Marousi, GRC, 15125
AVAX SA operates as a construction company in Greece. The company operates through the following segments: The Construction segment develops buildings, warehouses, and shopping centers; The Concessions segment constructs highways, bridges, airports, and car parks; The Energy segment comprises of the construction TAP natural gas pipeline in Northern Greece; design and construction of power plants in Iraq; TheReal Estate segment covers estate development and other activities. It derives maximum revenue from the Construction segment.
64GF Score

Get the complete analysis for ATH:AVAX

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

€3.43
Price
€2.93
GF Value