Ferrari Group (CHIX:FERGRA) Days Payable: 40.15 (As of Dec. 2025) — 19% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:FERGRA Ferrari Group PLC CHIX:FERGRA
29 GF Score
Price €7.92
View Full Analysis

What is Ferrari Group Days Payable?

Ferrari Group CHIX:FERGRA 29 Days Payable is 40.15 as of Dec. 2025, which is 19% below its 10-year median of 49.35. GuruFocus rates CHIX:FERGRA with a GF Score™ of 29/100. Among 968 Transportation companies, Ferrari Group ranks better than 52.48% on this metric.

Ferrari Group's average Accounts Payable for the six months ended in Dec. 2025 was €28.7 Mil. Ferrari Group's Cost of Goods Sold for the six months ended in Dec. 2025 was €130.3 Mil. Hence, Ferrari Group's Days Payable for the six months ended in Dec. 2025 was 40.15.

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

CHIX:FERGRa' s Days Payable Range Over the Past 10 Years
Min: 40.76   Med: 49.35   Max: 80.14
Current: 40.76

During the past 5 years, Ferrari Group's highest Days Payable was 80.14. The lowest was 40.76. And the median was 49.35.

CHIX:FERGRa's Days Payable is ranked better than
52.48% of 968 companies
in the Transportation industry
Industry Median: 38.8 vs CHIX:FERGRa: 40.76

Ferrari Group's Days Payable declined from Dec. 2024 (41.19) to Dec. 2025 (40.15). It may suggest that Ferrari Group accelerated paying its suppliers.


Ferrari Group Days Payable Historical Data

* Premium members only.

The historical data trend for Ferrari Group'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.

Ferrari Group Days Payable Chart

Ferrari Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
80.14 56.37 49.35 44.83 42.49

Ferrari Group Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 48.69 41.19 39.63 40.15

CHIX:FERGRA vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Ferrari Group'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.


Ferrari Group Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Ferrari Group's Days Payable distribution charts can be found below:

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


CHIX:FERGRA
29GF Score
Ferrari Group PLC CHIX:FERGRA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferrari Group 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.

Ferrari Group'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
=( (27.791 + 31.374) / 2 ) / 254.121*365
=29.5825 / 254.121*365
=42.49

Ferrari Group'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
=( (25.972 + 31.374) / 2 ) / 130.32*365 / 2
=28.673 / 130.32*365 / 2
=40.15

* 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 40.15 mean?
Ferrari Group (CHIX:FERGRA) has a Days Payable of 40.15 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 Ferrari Group and its competitors. This is 19% below median its historical median of 49.35. Over the past decade, Ferrari Group's Days Payable has ranged from 40.76 to 80.14. According to the industry distribution chart, Ferrari Group ranks #460 out of 968 companies in the Transportation industry, placing it in the top 47.5%.
Is Ferrari Group's Days Payable too high?
Ferrari Group's current Days Payable of 40.15 is 19% below median its 10-year median of 49.35. Over the past 10 years, this metric has ranged from a low of 40.76 to a high of 80.14. The Transportation industry median Days Payable is 38.80. Ferrari Group's value of 40.15 is 3.5% above this industry median. Based on the distribution chart, Ferrari Group ranks #460 out of 968 companies in the Transportation industry, which is above the industry midpoint. Overall, Ferrari Group has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Ferrari Group's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Ferrari Group ranks #460 out of 968 companies for Days Payable. This puts Ferrari Group in the upper half of its industry. The industry median Days Payable is 38.80. Ferrari Group's value of 40.15 is 3.5% above this benchmark. Historically, Ferrari Group's own Days Payable has ranged from 40.76 to 80.14 over the past decade. While the company's 10-year median is 49.35 vs. the industry median of 38.80, Ferrari Group 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 Transportation company?
The median Days Payable among Transportation companies is 38.80, based on 968 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. Ferrari Group's current Days Payable of 40.15 is 3.5% 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 Ferrari Group and its competitors. For the Transportation industry, the median Days Payable is 38.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrari Group's current Days Payable is 40.15, which is 19% below median its own 10-year median of 49.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrari Group stock overvalued right now?
Ferrari Group (CHIX:FERGRA) has a current Days Payable of 40.15. The current Days Payable is 40.15, which is 19% below median its 10-year median of 49.35 and 3.5% above the Transportation industry median of 38.80. Ferrari Group's overall GF Score™ is 29/100. 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 Ferrari Group (CHIX:FERGRA), the current Days Payable is 40.15 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.

Ferrari Group Business Description

Address 1 Wrights Lane, The Kensington Building, 4th Floor, London, GBR, W8 5RY
Ferrari Group PLC specializes in providing shipping, integrated logistics, and high-value-added services for jewelry and precious goods across the globe. Its primary business activities include the delivery of luxury goods through different airfreight carriers for valuable and vulnerable cargo (Freight forwarding); handling procedures related to customs involved in the shipping of high-value products (Custom solution); providing ground transportation, warehousing, and logistic services for luxury goods; and offering other bespoke services across the logistics value chain for luxury goods. The Group's reportable segments are: Europe, which derives maximum revenue, Asia, North America and Brazil (NAM and Brazil), and the Rest of the world.
29GF Score

Get the complete analysis for CHIX:FERGRA

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

€7.92
Price