Leonardo SpAFINMF -4.41%84 Days Payable is 82.23 as of Mar. 2026, which is 17% below its 10-year median of 98.88. GuruFocus rates FINMF with a GF Score™ of 84/100 and a GF Value™ of $34.92 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 337 Aerospace & Defense companies, Leonardo SpA ranks better than 54.6% on this metric.
The historical rank and industry rank for Leonardo SpA's Days Payable or its related term are showing as below:
FINMF'
s Days Payable Range Over the Past 10 Years
Min: 76.26 Med: 98.88 Max: 112.84
Current: 76.26
During the past 13 years, Leonardo SpA's highest Days Payable was 112.84. The lowest was 76.26. And the median was 98.88.
FINMF's Days Payable is ranked better than 54.6% of 337
companies
in the Aerospace & Defense industry
Industry Median: 65.05
vs FINMF: 76.26
Leonardo SpA's Days Payable
declined
from Mar. 2025 (88.93) to Mar. 2026 (82.23).
It may suggest that Leonardo SpAaccelerated paying its suppliers.
Leonardo SpA Days Payable Related Terms
Leonardo SpA Days Payable Historical Data
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The historical data trend for Leonardo 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.
For the Aerospace & Defense subindustry, Leonardo 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.
Leonardo SpA Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Leonardo 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.
Leonardo 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.
Leonardo SpA (FINMF) has a Days Payable of 82.23 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 Leonardo SpA and its competitors. This is 17% below median its historical median of 98.88. Over the past decade, Leonardo SpA's Days Payable has ranged from 76.26 to 112.84. According to the industry distribution chart, Leonardo SpA ranks #153 out of 337 companies in the Aerospace & Defense industry, placing it in the top 45.4%.
Is Leonardo SpA's Days Payable too high?
Leonardo SpA's current Days Payable of 82.23 is 17% below median its 10-year median of 98.88. Over the past 10 years, this metric has ranged from a low of 76.26 to a high of 112.84. The Aerospace & Defense industry median Days Payable is 65.05. Leonardo SpA's value of 82.23 is 26.4% above this industry median. Based on the distribution chart, Leonardo SpA ranks #153 out of 337 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Leonardo SpA has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo SpA's Days Payable compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Leonardo SpA ranks #153 out of 337 companies for Days Payable. This puts Leonardo SpA in the upper half of its industry. The industry median Days Payable is 65.05. Leonardo SpA's value of 82.23 is 26.4% above this benchmark. Historically, Leonardo SpA's own Days Payable has ranged from 76.26 to 112.84 over the past decade. While the company's 10-year median is 98.88 vs. the industry median of 65.05, Leonardo 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. Leonardo SpA's current Days Payable of 82.23 is 26.4% 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 Leonardo SpA and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonardo SpA's current Days Payable is 82.23, which is 17% below median its own 10-year median of 98.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo SpA stock overvalued right now?
Based on GuruFocus' analysis, Leonardo SpA (FINMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $34.92, compared to a current price of $52.92 — trading 51.5% above its estimated fair value. The current Days Payable is 82.23, which is 17% below median its 10-year median of 98.88 and 26.4% above the Aerospace & Defense industry median of 65.05. Leonardo SpA's overall GF Score™ is 84/100 with 1 warning sign 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 Leonardo SpA (FINMF), the current Days Payable is 82.23 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 Leonardo SpA (FINMF) Overvalued in 2026?
Based on GuruFocus' analysis, Leonardo SpA stock appears to be overvalued.
The current stock price of $52.92 is trading 51.5% above its estimated GF Value™ of $34.92.
GuruFocus considers Leonardo SpA to be Significantly Overvalued.
Key valuation signals for FINMF:
Days Payable: 82.23 (17% below median its 10-year median of 98.88)
GF Value™: $34.92 vs. price of $52.92 (51.5% above fair value)
Industry Position: 26.4% above the Aerospace & Defense median (#153 of 337)
No single metric tells the full story. See the FINMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leonardo is a leading European security firm, with 30.2% of shares owned by the Italian government. Divisions include helicopters, defence electronics & security, aeronautics, cyber & security solutions, and space.The helicopter division serves both military and civil markets. Defence electronics & security accesses the US market through the Leonardo DRS subsidiary. Aeronautics integrates aircraft and aerostructures, participating in major programs like Eurofighter, F-35, and the Global Combat Air Programme, or GCAP. It also supplies large structural components to major commercial aircraft programs. Leonardo is currently evolving from a defense firm into a data-driven global security company.
84GF Score
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