ENZN (Viskase Holdings) Days Payable: 49.40 (As of Dec. 2025) — 24% Above Median


ENZN Viskase Holdings Inc ENZN
44 GF Score
Price $4.99
GF Value $13.75
Valuation Possible Value Trap
! 4 Warning Signs
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What is Viskase Holdings Days Payable?

Viskase Holdings ENZN 44 Days Payable is 49.40 as of Dec. 2025, which is 24% above its 10-year median of 39.78. GuruFocus rates ENZN with a GF Score™ of 44/100 and a GF Value™ of $13.75 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 378 Packaging & Containers companies, Viskase Holdings ranks worse than 57.14% on this metric.

Viskase Holdings's average Accounts Payable for the six months ended in Dec. 2025 was $44.3 Mil. Viskase Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was $327.6 Mil. Hence, Viskase Holdings's Days Payable for the six months ended in Dec. 2025 was 24.70.

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

ENZN' s Days Payable Range Over the Past 10 Years
Min: 34.25   Med: 39.78   Max: 49.4
Current: 49.4

During the past 13 years, Viskase Holdings's highest Days Payable was 49.40. The lowest was 34.25. And the median was 39.78.

ENZN's Days Payable is ranked worse than
57.14% of 378 companies
in the Packaging & Containers industry
Industry Median: 57.21 vs ENZN: 49.40

Viskase Holdings's Days Payable increased from Dec. 2023 (34.25) to Dec. 2025 (49.40). It may suggest that Viskase Holdings delayed paying its suppliers.


Viskase Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Viskase Holdings'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.

Viskase Holdings Days Payable Chart

Viskase Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.78 39.88 34.25 0.00 49.40

Viskase Holdings Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec23 Dec24 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.78 39.88 34.25 0.00 49.40

ENZN vs MGIH, GFLT, YHGJ: Days Payable Comparison

For the Packaging & Containers subindustry, Viskase Holdings'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.


Viskase Holdings Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Viskase Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Viskase Holdings's Days Payable falls into.


ENZN
44GF Score
Viskase Holdings Inc ENZN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Viskase Holdings 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.

Viskase Holdings'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
=( (0 + 44.342) / 1 ) / 327.601*365
=44.342 / 327.601*365
=49.40

Viskase Holdings'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: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0 + 44.342) / 1 ) / 327.601*365 / 2
=44.342 / 327.601*365 / 2
=24.70

* 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 49.40 mean?
Viskase Holdings (ENZN) has a Days Payable of 49.40 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 Viskase Holdings and its competitors. This is 24% above median its historical median of 39.78. Over the past decade, Viskase Holdings' Days Payable has ranged from 34.25 to 49.40. According to the industry distribution chart, Viskase Holdings ranks #216 out of 378 companies in the Packaging & Containers industry, placing it in the top 57.1%.
Is Viskase Holdings' Days Payable too high?
Viskase Holdings' current Days Payable of 49.40 is 24% above median its 10-year median of 39.78. Over the past 10 years, this metric has ranged from a low of 34.25 to a high of 49.40. The Packaging & Containers industry median Days Payable is 57.21. Viskase Holdings' value of 49.40 is 13.7% below this industry median. Based on the distribution chart, Viskase Holdings ranks #216 out of 378 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Viskase Holdings has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viskase Holdings' Days Payable compare to MGIH and GFLT?
According to the Packaging & Containers industry distribution chart, Viskase Holdings ranks #216 out of 378 companies for Days Payable. This places Viskase Holdings in the lower half of its industry. The industry median Days Payable is 57.21. Viskase Holdings' value of 49.40 is 13.7% below this benchmark. Historically, Viskase Holdings' own Days Payable has ranged from 34.25 to 49.40 over the past decade. While the company's 10-year median is 39.78 vs. the industry median of 57.21, Viskase Holdings 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 a Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.21, based on 378 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. Viskase Holdings's current Days Payable of 49.40 is 13.7% 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 Viskase Holdings and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viskase Holdings's current Days Payable is 49.40, which is 24% above median its own 10-year median of 39.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viskase Holdings stock overvalued right now?
Based on GuruFocus' analysis, Viskase Holdings (ENZN) is currently considered Possible Value Trap. The stock's GF Value™ is $13.75, compared to a current price of $4.99 — trading 63.7% below its estimated fair value. The current Days Payable is 49.40, which is 24% above median its 10-year median of 39.78 and 13.7% below the Packaging & Containers industry median of 57.21. Viskase Holdings' overall GF Score™ is 44/100 with 4 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 Viskase Holdings (ENZN), the current Days Payable is 49.40 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.

Is Viskase Holdings (ENZN) Overvalued in 2026?

Based on GuruFocus' analysis, Viskase Holdings stock appears to be undervalued. The current stock price of $4.99 is trading 63.7% below its estimated GF Value™ of $13.75. GuruFocus considers Viskase Holdings to be Possible Value Trap.

Key valuation signals for ENZN:

  • Days Payable: 49.40 (24% above median its 10-year median of 39.78)
  • GF Value™: $13.75 vs. price of $4.99 (63.7% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 13.7% below the Packaging & Containers median (#216 of 378)

No single metric tells the full story. See the ENZN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viskase Holdings Business Description

Address 333 East Butterfield Road, Suite 400, Lombard, IL, USA, 60148-5679
Viskase Holdings Inc operates as the parent of Viskase Companies, LLC. It produces non-edible cellulosic, fibrous, and plastic casings used in the preparation and packaging of processed meat and poultry products. It also provides product-related support services to its customers, including consumer goods companies.
44GF Score

Get the complete analysis for ENZN

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

$4.99
Price
$13.75
GF Value