CSGNF (CSG NV) Days Payable: 54.94 (As of Dec. 2025) — 48% Below Median

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What is CSG NV Days Payable?

CSG NV CSGNF +4.71% 19 Days Payable is 54.94 as of Dec. 2025, which is 48% below its 10-year median of 105.94. GuruFocus rates CSGNF with a GF Score™ of 19/100. The stock has 6 warning signs investors should review. Among 346 Aerospace & Defense companies, CSG NV ranks worse than 289017.05% on this metric.

CSG NV's average Accounts Payable for the three months ended in Dec. 2025 was $1,083 Mil. CSG NV's Cost of Goods Sold for the three months ended in Dec. 2025 was $1,799 Mil. Hence, CSG NV's Days Payable for the three months ended in Dec. 2025 was 54.94.

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

CSGNF' s Days Payable Range Over the Past 10 Years
Min: 76.29   Med: 105.94   Max: 1130.12
Current: 196.47

During the past 5 years, CSG NV's highest Days Payable was 1130.12. The lowest was 76.29. And the median was 105.94.

CSGNF's Days Payable is not ranked
in the Aerospace & Defense industry.
Industry Median: 66.5 vs CSGNF: 196.47

CSG NV's Days Payable increased from Dec. 2022 (0.00) to Dec. 2025 (54.94). It may suggest that CSG NV delayed paying its suppliers.


CSG NV Days Payable Historical Data

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The historical data trend for CSG 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.

CSG NV Days Payable Chart

CSG NV Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
134.54 108.35 1,099.68 79.70 73.18

CSG NV Quarterly Data
Dec21 Dec22 Dec23 Dec24 Sep25 Dec25 Jun26
Days Payable Get a 7-Day Free Trial 0.00 46.48 0.00 54.94 0.00

CSGNF vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, CSG 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.


CSG NV Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSG NV's Days Payable distribution charts can be found below:

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


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CSG 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.

CSG 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
=( (662.826 + 1181.795) / 2 ) / 4600.091*365
=922.3105 / 4600.091*365
=73.18

CSG 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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (984.825 + 1181.795) / 2 ) / 1799.255*365 / 4
=1083.31 / 1799.255*365 / 4
=54.94

* 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 54.94 mean?
CSG NV (CSGNF) has a Days Payable of 54.94 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 CSG NV and its competitors. This is 48% below median its historical median of 105.94. Over the past decade, CSG NV's Days Payable has ranged from 76.29 to 1,130.12. According to the industry distribution chart, CSG NV ranks #999999 out of 346 companies in the Aerospace & Defense industry.
Is CSG NV's Days Payable too high?
CSG NV's current Days Payable of 54.94 is 48% below median its 10-year median of 105.94. Over the past 10 years, this metric has ranged from a low of 76.29 to a high of 1,130.12. The Aerospace & Defense industry median Days Payable is 66.50. CSG NV's value of 54.94 is 17.4% below this industry median. Based on the distribution chart, CSG NV ranks #999999 out of 346 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, CSG NV has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does CSG NV's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CSG NV ranks #999999 out of 346 companies for Days Payable. This places CSG NV in the lower half of its industry. The industry median Days Payable is 66.50. CSG NV's value of 54.94 is 17.4% below this benchmark. Historically, CSG NV's own Days Payable has ranged from 76.29 to 1,130.12 over the past decade. While the company's 10-year median is 105.94 vs. the industry median of 66.50, CSG NV has consistently been below 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 66.50, based on 346 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. CSG NV's current Days Payable of 54.94 is 17.4% below 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 CSG NV and its competitors. For the Aerospace & Defense industry, the median Days Payable is 66.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSG NV's current Days Payable is 54.94, which is 48% below median its own 10-year median of 105.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSG NV stock overvalued right now?
CSG NV (CSGNF) has a current Days Payable of 54.94. The current Days Payable is 54.94, which is 48% below median its 10-year median of 105.94 and 17.4% below the Aerospace & Defense industry median of 66.50. CSG NV's overall GF Score™ is 19/100 with 6 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 CSG NV (CSGNF), the current Days Payable is 54.94 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.

CSG NV Business Description

Address U Rustonky 714/1, Karlin, Prague, CZE, 186 00
CSG NV is a defence group in terms of medium, large- and small-calibre ammunition sales based in Prague, Czech Republic, operating in Europe, the United States and in other regions including Asia Pacific. The company's business is divided into two segments: CSG Defence Systems and CSG Ammo.
19GF Score

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