XMax (FRA:15N) Days Payable: 22.93 (As of Mar. 2026) — 32% Above Median


FRA:15N XMax Inc FRA:15N
34 GF Score
Price €0.53
GF Value €0.01
! 9 Warning Signs
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What is XMax Days Payable?

XMax FRA:15N 34 Days Payable is 22.93 as of Mar. 2026, which is 32% above its 10-year median of 17.33. GuruFocus rates FRA:15N with a GF Score™ of 34/100 and a GF Value™ of €0.01. The stock has 9 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, XMax ranks worse than 99.52% on this metric.

XMax's average Accounts Payable for the three months ended in Mar. 2026 was €0.20 Mil. XMax's Cost of Goods Sold for the three months ended in Mar. 2026 was €0.78 Mil. Hence, XMax's Days Payable for the three months ended in Mar. 2026 was 22.93.

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

FRA:15N' s Days Payable Range Over the Past 10 Years
Min: 6.04   Med: 17.33   Max: 40.26
Current: 9.26

During the past 13 years, XMax's highest Days Payable was 40.26. The lowest was 6.04. And the median was 17.33.

FRA:15N's Days Payable is ranked worse than
99.52% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.75 vs FRA:15N: 9.26

XMax's Days Payable declined from Mar. 2025 (33.05) to Mar. 2026 (22.93). It may suggest that XMax accelerated paying its suppliers.


XMax Days Payable Historical Data

* Premium members only.

The historical data trend for XMax'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.

XMax Days Payable Chart

XMax Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.24 5.84 20.07 38.31 16.62

XMax Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 33.05 16.59 4.09 40.93 22.93

FRA:15N vs ETD, FLXS, HBB: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, XMax'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.


XMax Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, XMax's Days Payable distribution charts can be found below:

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


FRA:15N
34GF Score
XMax Inc FRA:15N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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XMax 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.

XMax'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
=( (0.696 + 0.279) / 2 ) / 10.708*365
=0.4875 / 10.708*365
=16.62

XMax's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.279 + 0.112) / 2 ) / 0.778*365 / 4
=0.1955 / 0.778*365 / 4
=22.93

* 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 22.93 mean?
XMax (FRA:15N) has a Days Payable of 22.93 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 XMax and its competitors. This is 32% above median its historical median of 17.33. Over the past decade, XMax's Days Payable has ranged from 6.04 to 40.26. According to the industry distribution chart, XMax ranks #412 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 99.5%.
Is XMax's Days Payable too high?
XMax's current Days Payable of 22.93 is 32% above median its 10-year median of 17.33. Over the past 10 years, this metric has ranged from a low of 6.04 to a high of 40.26. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. XMax's value of 22.93 is 64% below this industry median. Based on the distribution chart, XMax ranks #412 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, XMax has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does XMax's Days Payable compare to ETD and FLXS?
According to the Furnishings, Fixtures & Appliances industry distribution chart, XMax ranks #412 out of 414 companies for Days Payable. This places XMax in the lower half of its industry. The industry median Days Payable is 63.75. XMax's value of 22.93 is 64% below this benchmark. Historically, XMax's own Days Payable has ranged from 6.04 to 40.26 over the past decade. While the company's 10-year median is 17.33 vs. the industry median of 63.75, XMax 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 414 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. XMax's current Days Payable of 22.93 is 64% 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 XMax and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XMax's current Days Payable is 22.93, which is 32% above median its own 10-year median of 17.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XMax stock overvalued right now?
XMax (FRA:15N) has a current Days Payable of 22.93. The stock's GF Value™ is €0.01, compared to a current price of €0.53 — trading 5200% above its estimated fair value. The current Days Payable is 22.93, which is 32% above median its 10-year median of 17.33 and 64% below the Furnishings, Fixtures & Appliances industry median of 63.75. XMax's overall GF Score™ is 34/100 with 9 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 XMax (FRA:15N), the current Days Payable is 22.93 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 XMax (FRA:15N) Overvalued in 2026?

Based on GuruFocus' analysis, XMax stock appears to be overvalued. The current stock price of €0.53 is trading 5200% above its estimated GF Value™ of €0.01.

Key valuation signals for FRA:15N:

  • Days Payable: 22.93 (32% above median its 10-year median of 17.33)
  • GF Value™: €0.01 vs. price of €0.53 (5200% above fair value)
  • GF Score™: 34/100 with 9 warning signs
  • Industry Position: 64% below the Furnishings, Fixtures & Appliances median (#412 of 414)

No single metric tells the full story. See the FRA:15N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XMax Business Description

Other Exchanges XMAX:USA
Address 6565 E Washington Boulevard, Commerce, CA, USA, 90040
XMax Inc is a designer and lifestyle furniture company. The company is a designer and distributor of contemporary styled residential and commercial furniture. The firms marketing and sales platform offers retail as well as online selection and purchase fulfillment internationally. The company also sells managed a variety of bedding foundation components. Its collection of lifestyle furniture brands includes Diamond Sofa. The firm's products are made in the United States and Asia. The company plans expansion into artificial intelligence (AI) while continuing to operate and develop its existing furniture business.
34GF Score

Get the complete analysis for FRA:15N

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

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