A2A SpACHIX:A2AM 81 Days Payable is 120.21 as of Mar. 2026, which is 6% below its 10-year median of 127.60. GuruFocus rates CHIX:A2AM with a GF Score™ of 81/100 and a GF Value™ of €2.38 (Fairly Valued). The stock has 2 warning signs investors should review. Among 483 Utilities - Regulated companies, A2A SpA ranks better than 74.95% on this metric.
A2A SpA's average Accounts Payable for the
three
months ended in Mar. 2026 was €4,715 Mil. A2A SpA's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €3,579 Mil.
Hence, A2A SpA's Days Payable for the
three
months ended in Mar. 2026 was 120.21.
The historical rank and industry rank for A2A SpA's Days Payable or its related term are showing as below:
CHIX:A2Am'
s Days Payable Range Over the Past 10 Years
Min: 74.94 Med: 127.6 Max: 163.03
Current: 136.27
During the past 13 years, A2A SpA's highest Days Payable was 163.03. The lowest was 74.94. And the median was 127.60.
CHIX:A2Am's Days Payable is ranked better than 74.95% of 483
companies
in the Utilities - Regulated industry
Industry Median: 70.35
vs CHIX:A2Am: 136.27
A2A SpA's Days Payable
increased
from Mar. 2025 (115.57) to Mar. 2026 (120.21).
It may suggest that A2A SpAdelayed paying its suppliers.
A2A SpA Days Payable Related Terms
A2A SpA Days Payable Historical Data
* Premium members only.
The historical data trend for A2A SpA'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.
For the Utilities - Diversified subindustry, A2A SpA'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.
A2A SpA Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, A2A SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where A2A SpA'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.
A2A SpA'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.
A2A SpA (CHIX:A2AM) has a Days Payable of 120.21 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 A2A SpA and its competitors. This is near median its historical median of 127.60. Over the past decade, A2A SpA's Days Payable has ranged from 74.94 to 163.03. According to the industry distribution chart, A2A SpA ranks #121 out of 483 companies in the Utilities - Regulated industry, placing it in the top 25.1%.
Is A2A SpA's Days Payable too high?
A2A SpA's current Days Payable of 120.21 is near median its 10-year median of 127.60. Over the past 10 years, this metric has ranged from a low of 74.94 to a high of 163.03. The Utilities - Regulated industry median Days Payable is 70.35. A2A SpA's value of 120.21 is 70.9% above this industry median. Based on the distribution chart, A2A SpA ranks #121 out of 483 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, A2A SpA has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does A2A SpA's Days Payable compare to SRE?
According to the Utilities - Regulated industry distribution chart, A2A SpA ranks #121 out of 483 companies for Days Payable. This puts A2A SpA in the upper half of its industry. The industry median Days Payable is 70.35. A2A SpA's value of 120.21 is 70.9% above this benchmark. Historically, A2A SpA's own Days Payable has ranged from 74.94 to 163.03 over the past decade. While the company's 10-year median is 127.60 vs. the industry median of 70.35, A2A SpA 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, 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. A2A SpA's current Days Payable of 120.21 is 70.9% 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 A2A SpA and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A2A SpA's current Days Payable is 120.21, which is near median its own 10-year median of 127.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A2A SpA stock overvalued right now?
Based on GuruFocus' analysis, A2A SpA (CHIX:A2AM) is currently considered Fairly Valued. The stock's GF Value™ is €2.38, compared to a current price of €2.27 — trading 4.8% below its estimated fair value. The current Days Payable is 120.21, which is near median its 10-year median of 127.60 and 70.9% above the Utilities - Regulated industry median of 70.35. A2A SpA's overall GF Score™ is 81/100 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 A2A SpA (CHIX:A2AM), the current Days Payable is 120.21 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 A2A SpA (CHIX:A2AM) Overvalued in 2026?
Based on GuruFocus' analysis, A2A SpA stock appears to be undervalued.
The current stock price of €2.27 is trading 4.8% below its estimated GF Value™ of €2.38.
GuruFocus considers A2A SpA to be Fairly Valued.
Key valuation signals for CHIX:A2AM:
Days Payable: 120.21 (near median its 10-year median of 127.60)
GF Value™: €2.38 vs. price of €2.27 (4.8% below fair value)
Industry Position: 70.9% above the Utilities - Regulated median (#121 of 483)
No single metric tells the full story. See the CHIX:A2AM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks, technical consultancy relating to energy efficiency certificates, waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators, and integrated water cycle management.
81GF Score
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