Fiera Milano SpACHIX:FMM 75 Days Payable is 4,362.09 as of Mar. 2026, which is 189% above its 10-year median of 1,511.56. GuruFocus rates CHIX:FMM with a GF Score™ of 75/100 and a GF Value™ of €2.26. The stock has 3 warning signs investors should review. Among 943 Business Services companies, Fiera Milano SpA ranks better than 97.35% on this metric.
The historical rank and industry rank for Fiera Milano SpA's Days Payable or its related term are showing as below:
CHIX:FMm'
s Days Payable Range Over the Past 10 Years
Min: 1192.4 Med: 1511.56 Max: 2023.89
Current: 1192.4
During the past 13 years, Fiera Milano SpA's highest Days Payable was 2023.89. The lowest was 1192.40. And the median was 1511.56.
CHIX:FMm's Days Payable is ranked better than 97.35% of 943
companies
in the Business Services industry
Industry Median: 46.92
vs CHIX:FMm: 1192.40
Fiera Milano SpA's Days Payable
declined
from Mar. 2025 (6,024.35) to Mar. 2026 (4,362.09).
It may suggest that Fiera Milano SpAaccelerated paying its suppliers.
Fiera Milano SpA Days Payable Related Terms
Fiera Milano SpA Days Payable Historical Data
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The historical data trend for Fiera Milano 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.
CHIX:FMM vs CTAS, CPRT, GPN: Days Payable Comparison
For the Specialty Business Services subindustry, Fiera Milano 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.
Fiera Milano SpA Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, Fiera Milano SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Fiera Milano 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.
Fiera Milano 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.
Fiera Milano SpA (CHIX:FMM) has a Days Payable of 4,362.09 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 Fiera Milano SpA and its competitors. This is 189% above median its historical median of 1,511.56. Over the past decade, Fiera Milano SpA's Days Payable has ranged from 1,192.40 to 2,023.89. According to the industry distribution chart, Fiera Milano SpA ranks #25 out of 943 companies in the Business Services industry, placing it in the top 2.7%.
Is Fiera Milano SpA's Days Payable too high?
Fiera Milano SpA's current Days Payable of 4,362.09 is 189% above median its 10-year median of 1,511.56. Over the past 10 years, this metric has ranged from a low of 1,192.40 to a high of 2,023.89. The Business Services industry median Days Payable is 46.92. Fiera Milano SpA's value of 4,362.09 is 9196.9% above this industry median. Based on the distribution chart, Fiera Milano SpA ranks #25 out of 943 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Fiera Milano SpA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Fiera Milano SpA's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Fiera Milano SpA ranks #25 out of 943 companies for Days Payable. This places Fiera Milano SpA in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 46.92. Fiera Milano SpA's value of 4,362.09 is 9196.9% above this benchmark. Historically, Fiera Milano SpA's own Days Payable has ranged from 1,192.40 to 2,023.89 over the past decade. While the company's 10-year median is 1,511.56 vs. the industry median of 46.92, Fiera Milano 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 a Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Fiera Milano SpA's current Days Payable of 4,362.09 is 9196.9% 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 Fiera Milano SpA and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Milano SpA's current Days Payable is 4,362.09, which is 189% above median its own 10-year median of 1,511.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Milano SpA stock overvalued right now?
Fiera Milano SpA (CHIX:FMM) has a current Days Payable of 4,362.09. The stock's GF Value™ is €2.26, compared to a current price of €3.13 — trading 38.5% above its estimated fair value. The current Days Payable is 4,362.09, which is 189% above median its 10-year median of 1,511.56 and 9196.9% above the Business Services industry median of 46.92. Fiera Milano SpA's overall GF Score™ is 75/100 with 3 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 Fiera Milano SpA (CHIX:FMM), the current Days Payable is 4,362.09 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 Fiera Milano SpA (CHIX:FMM) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Milano SpA stock appears to be overvalued.
The current stock price of €3.13 is trading 38.5% above its estimated GF Value™ of €2.26.
Key valuation signals for CHIX:FMM:
Days Payable: 4,362.09 (189% above median its 10-year median of 1,511.56)
GF Value™: €2.26 vs. price of €3.13 (38.5% above fair value)
Industry Position: 9196.9% above the Business Services median (#25 of 943)
No single metric tells the full story. See the CHIX:FMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other Sectors. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions segment. Geographically, it operates in Italy and Abroad, where it derives maximum revenue from Italy.
75GF Score
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