Space Hellas RATH:SPACE -0.56%83 Days Payable is 81.52 as of Dec. 2025, which is 27% below its 10-year median of 111.34. GuruFocus rates ATH:SPACE with a GF Score™ of 83/100 and a GF Value™ of €8.02 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,604 Software companies, Space Hellas R ranks better than 64.09% on this metric.
The historical rank and industry rank for Space Hellas R's Days Payable or its related term are showing as below:
ATH:SPACE'
s Days Payable Range Over the Past 10 Years
Min: 73.89 Med: 111.34 Max: 166.78
Current: 84.31
During the past 13 years, Space Hellas R's highest Days Payable was 166.78. The lowest was 73.89. And the median was 111.34.
ATH:SPACE's Days Payable is ranked better than 64.09% of 2604
companies
in the Software industry
Industry Median: 53.955
vs ATH:SPACE: 84.31
Space Hellas R's Days Payable
increased
from Dec. 2024 (76.64) to Dec. 2025 (81.52).
It may suggest that Space Hellas Rdelayed paying its suppliers.
Space Hellas R Days Payable Related Terms
Space Hellas R Days Payable Historical Data
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The historical data trend for Space Hellas R'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.
ATH:SPACE vs CRM, SHOP, UBER: Days Payable Comparison
For the Software - Application subindustry, Space Hellas R'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.
Space Hellas R Days Payable vs Software Industry
For the Software industry and Technology sector, Space Hellas R's Days Payable distribution charts can be found below:
* The bar in red indicates where Space Hellas R's Days Payable falls into.
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.
Space Hellas R's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Space Hellas R (ATH:SPACE) has a Days Payable of 81.52 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 Space Hellas R and its competitors. This is 27% below median its historical median of 111.34. Over the past decade, Space Hellas R's Days Payable has ranged from 73.89 to 166.78. According to the industry distribution chart, Space Hellas R ranks #935 out of 2604 companies in the Software industry, placing it in the top 35.9%.
Is Space Hellas R's Days Payable too high?
Space Hellas R's current Days Payable of 81.52 is 27% below median its 10-year median of 111.34. Over the past 10 years, this metric has ranged from a low of 73.89 to a high of 166.78. The Software industry median Days Payable is 53.96. Space Hellas R's value of 81.52 is 51.1% above this industry median. Based on the distribution chart, Space Hellas R ranks #935 out of 2604 companies in the Software industry, which is above the industry midpoint. Overall, Space Hellas R has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Space Hellas R's Days Payable compare to CRM and SHOP?
According to the Software industry distribution chart, Space Hellas R ranks #935 out of 2604 companies for Days Payable. This puts Space Hellas R in the upper half of its industry. The industry median Days Payable is 53.96. Space Hellas R's value of 81.52 is 51.1% above this benchmark. Historically, Space Hellas R's own Days Payable has ranged from 73.89 to 166.78 over the past decade. While the company's 10-year median is 111.34 vs. the industry median of 53.96, Space Hellas R 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 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. Space Hellas R's current Days Payable of 81.52 is 51.1% 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 Space Hellas R and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Hellas R's current Days Payable is 81.52, which is 27% below median its own 10-year median of 111.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Hellas R stock overvalued right now?
Based on GuruFocus' analysis, Space Hellas R (ATH:SPACE) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.02, compared to a current price of €7.10 — trading 11.5% below its estimated fair value. The current Days Payable is 81.52, which is 27% below median its 10-year median of 111.34 and 51.1% above the Software industry median of 53.96. Space Hellas R's overall GF Score™ is 83/100 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 Space Hellas R (ATH:SPACE), the current Days Payable is 81.52 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 Space Hellas R (ATH:SPACE) Overvalued in 2026?
Based on GuruFocus' analysis, Space Hellas R stock appears to be undervalued.
The current stock price of €7.10 is trading 11.5% below its estimated GF Value™ of €8.02.
GuruFocus considers Space Hellas R to be Modestly Undervalued.
Key valuation signals for ATH:SPACE:
Days Payable: 81.52 (27% below median its 10-year median of 111.34)
GF Value™: €8.02 vs. price of €7.10 (11.5% below fair value)
Industry Position: 51.1% above the Software median (#935 of 2604)
No single metric tells the full story. See the ATH:SPACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Space Hellas R is principally engaged in the business of Telecommunications, IT, Security Systems & Services. The company has three main segments are namely Telecommunications, IT, Security Systems & Services. The company is based in Greece. Approximately 70% revenues derived from Telecommunications and IT sectors. Geographically it operates through the region of Greece. Approximately 70% revenues derived from Telecommunications and IT.
83GF Score
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