Lanakam (ATH:LANAC) Days Payable: 250.49 (As of Dec. 2025) — 17% Above Median


ATH:LANAC Lanakam SA ATH:LANAC
68 GF Score
Price €1.50
GF Value €1.12
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Lanakam Days Payable?

Lanakam ATH:LANAC -1.96% 68 Days Payable is 250.49 as of Dec. 2025, which is 17% above its 10-year median of 214.11. GuruFocus rates ATH:LANAC with a GF Score™ of 68/100 and a GF Value™ of €1.12 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Lanakam ranks better than 93.22% on this metric.

Lanakam's average Accounts Payable for the six months ended in Dec. 2025 was €0.90 Mil. Lanakam's Cost of Goods Sold for the six months ended in Dec. 2025 was €0.66 Mil. Hence, Lanakam's Days Payable for the six months ended in Dec. 2025 was 250.49.

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

ATH:LANAC' s Days Payable Range Over the Past 10 Years
Min: 149.53   Med: 214.11   Max: 279.76
Current: 228.04

During the past 13 years, Lanakam's highest Days Payable was 279.76. The lowest was 149.53. And the median was 214.11.

ATH:LANAC's Days Payable is ranked better than
93.22% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs ATH:LANAC: 228.04

Lanakam's Days Payable increased from Dec. 2024 (186.93) to Dec. 2025 (250.49). It may suggest that Lanakam delayed paying its suppliers.


Lanakam Days Payable Historical Data

* Premium members only.

The historical data trend for Lanakam'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.

Lanakam Days Payable Chart

Lanakam 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 212.42 233.98 224.19 204.65 215.80

Lanakam Semi-Annual Data
Jun16 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 173.57 225.99 186.93 218.95 250.49

ATH:LANAC vs AIN: Days Payable Comparison

For the Textile Manufacturing subindustry, Lanakam'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.


Lanakam Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lanakam's Days Payable distribution charts can be found below:

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


ATH:LANAC
68GF Score
Lanakam SA ATH:LANAC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lanakam 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.

Lanakam'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
=( (0.74 + 0.867) / 2 ) / 1.359*365
=0.8035 / 1.359*365
=215.80

Lanakam'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
=( (0.942 + 0.867) / 2 ) / 0.659*365 / 2
=0.9045 / 0.659*365 / 2
=250.49

* 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 250.49 mean?
Lanakam (ATH:LANAC) has a Days Payable of 250.49 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 Lanakam and its competitors. This is 17% above median its historical median of 214.11. Over the past decade, Lanakam's Days Payable has ranged from 149.53 to 279.76. According to the industry distribution chart, Lanakam ranks #69 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 6.8%.
Is Lanakam's Days Payable too high?
Lanakam's current Days Payable of 250.49 is 17% above median its 10-year median of 214.11. Over the past 10 years, this metric has ranged from a low of 149.53 to a high of 279.76. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Lanakam's value of 250.49 is 363.5% above this industry median. Based on the distribution chart, Lanakam ranks #69 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Lanakam has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lanakam's Days Payable compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lanakam ranks #69 out of 1018 companies for Days Payable. This places Lanakam in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.05. Lanakam's value of 250.49 is 363.5% above this benchmark. Historically, Lanakam's own Days Payable has ranged from 149.53 to 279.76 over the past decade. While the company's 10-year median is 214.11 vs. the industry median of 54.05, Lanakam 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,018 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. Lanakam's current Days Payable of 250.49 is 363.5% 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 Lanakam and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lanakam's current Days Payable is 250.49, which is 17% above median its own 10-year median of 214.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lanakam stock overvalued right now?
Based on GuruFocus' analysis, Lanakam (ATH:LANAC) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.12, compared to a current price of €1.50 — trading 33.9% above its estimated fair value. The current Days Payable is 250.49, which is 17% above median its 10-year median of 214.11 and 363.5% above the Manufacturing - Apparel & Accessories industry median of 54.05. Lanakam's overall GF Score™ is 68/100 with 5 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 Lanakam (ATH:LANAC), the current Days Payable is 250.49 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 Lanakam (ATH:LANAC) Overvalued in 2026?

Based on GuruFocus' analysis, Lanakam stock appears to be overvalued. The current stock price of €1.50 is trading 33.9% above its estimated GF Value™ of €1.12. GuruFocus considers Lanakam to be Significantly Overvalued.

Key valuation signals for ATH:LANAC:

  • Days Payable: 250.49 (17% above median its 10-year median of 214.11)
  • GF Value™: €1.12 vs. price of €1.50 (33.9% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 363.5% above the Manufacturing - Apparel & Accessories median (#69 of 1018)

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


Lanakam Business Description

Address 2-4 Mesogeion Avenue, Athens Tower Building A, Athens, GRC, 11527
Lanakam SA is engaged in the textile manufacturing and the distribution of outdoor heating and cooling products. The company co-operates with all the department stores in Greece and Cyprus.
68GF Score

Get the complete analysis for ATH:LANAC

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

€1.50
Price
€1.12
GF Value