Havas NV (CHIX:HAVASA) Days Payable: 6,619.65 (As of Dec. 2025) — 11% Below Median


CHIX:HAVASA Havas NV CHIX:HAVASA
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What is Havas NV Days Payable?

Havas NV CHIX:HAVASA 26 Days Payable is 6,619.65 as of Dec. 2025, which is 11% below its 10-year median of 7,433.37. GuruFocus rates CHIX:HAVASA with a GF Score™ of 26/100. The stock has 7 warning signs investors should review. Among 915 Media - Diversified companies, Havas NV ranks better than 98.14% on this metric.

Havas NV's average Accounts Payable for the six months ended in Dec. 2025 was €2,467 Mil. Havas NV's Cost of Goods Sold for the six months ended in Dec. 2025 was €68 Mil. Hence, Havas NV's Days Payable for the six months ended in Dec. 2025 was 6,619.65.

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

CHIX:HAVASa' s Days Payable Range Over the Past 10 Years
Min: 5739.89   Med: 7433.37   Max: 8903.52
Current: 7136.22

During the past 6 years, Havas NV's highest Days Payable was 8903.52. The lowest was 5739.89. And the median was 7433.37.

CHIX:HAVASa's Days Payable is ranked better than
98.14% of 915 companies
in the Media - Diversified industry
Industry Median: 83.86 vs CHIX:HAVASa: 7136.22

Havas NV's Days Payable declined from Dec. 2024 (6,964.09) to Dec. 2025 (6,619.65). It may suggest that Havas NV accelerated paying its suppliers.


Havas NV Days Payable Historical Data

* Premium members only.

The historical data trend for Havas NV'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.

Havas NV Days Payable Chart

Havas NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 8,903.52 5,739.89 5,888.46 7,955.28 7,433.37

Havas NV Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only 4,185.73 8,524.01 6,964.09 7,391.25 6,619.65

CHIX:HAVASA vs APP, OMC, TTD: Days Payable Comparison

For the Advertising Agencies subindustry, Havas NV'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.


Havas NV Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Havas NV's Days Payable distribution charts can be found below:

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


CHIX:HAVASA
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Havas NV CHIX:HAVASA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Havas NV 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.

Havas NV'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
=( (2692 + 2603) / 2 ) / 130*365
=2647.5 / 130*365
=7,433.37

Havas NV'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
=( (2330 + 2603) / 2 ) / 68*365 / 2
=2466.5 / 68*365 / 2
=6,619.65

* 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 6,619.65 mean?
Havas NV (CHIX:HAVASA) has a Days Payable of 6,619.65 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 Havas NV and its competitors. This is 11% below median its historical median of 7,433.37. Over the past decade, Havas NV's Days Payable has ranged from 5,739.89 to 8,903.52. According to the industry distribution chart, Havas NV ranks #17 out of 915 companies in the Media - Diversified industry, placing it in the top 1.9%.
Is Havas NV's Days Payable too high?
Havas NV's current Days Payable of 6,619.65 is 11% below median its 10-year median of 7,433.37. Over the past 10 years, this metric has ranged from a low of 5,739.89 to a high of 8,903.52. The Media - Diversified industry median Days Payable is 83.86. Havas NV's value of 6,619.65 is 7793.7% above this industry median. Based on the distribution chart, Havas NV ranks #17 out of 915 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Havas NV has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Havas NV's Days Payable compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Havas NV ranks #17 out of 915 companies for Days Payable. This places Havas NV in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 83.86. Havas NV's value of 6,619.65 is 7793.7% above this benchmark. Historically, Havas NV's own Days Payable has ranged from 5,739.89 to 8,903.52 over the past decade. While the company's 10-year median is 7,433.37 vs. the industry median of 83.86, Havas NV 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.86, based on 915 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. Havas NV's current Days Payable of 6,619.65 is 7793.7% 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 Havas NV and its competitors. For the Media - Diversified industry, the median Days Payable is 83.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havas NV's current Days Payable is 6,619.65, which is 11% below median its own 10-year median of 7,433.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havas NV stock overvalued right now?
Havas NV (CHIX:HAVASA) has a current Days Payable of 6,619.65. The current Days Payable is 6,619.65, which is 11% below median its 10-year median of 7,433.37 and 7793.7% above the Media - Diversified industry median of 83.86. Havas NV's overall GF Score™ is 26/100 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 Havas NV (CHIX:HAVASA), the current Days Payable is 6,619.65 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.

Havas NV Business Description

Address 29-30, quai de Dion Bouton, Puteaux, FRA, 92800
Havas NV is a communications group providing integrated advertising, media, and healthcare-focused communication services. Its has three business lines: (i) Havas Creative, which delivers creative services, from advertising, brand strategy and business transformation to digital and social media solutions as well as public relations and events; (ii) Havas Media, which is dedicated to delivering comprehensive media experiences, through media planning and buying, fan engagement, retail media and e-commerce, as well as data analytics services to optimize client advertising investments; and (iii) Havas Health, which focuses on healthcare and wellness communications, providing specialized marketing services to pharmaceutical companies. The majority of revenue is derived from Havas Creative.
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