Clean Motion AB (FRA:66M) Days Payable: 69.96 (As of Mar. 2026) — 58% Below Median

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What is Clean Motion AB Days Payable?

Clean Motion AB FRA:66M Days Payable is 69.96 as of Mar. 2026, which is 58% below its 10-year median of 165.38. The stock has 2 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Clean Motion AB ranks better than 97.55% on this metric.

Clean Motion AB's average Accounts Payable for the three months ended in Mar. 2026 was €0.09 Mil. Clean Motion AB's Cost of Goods Sold for the three months ended in Mar. 2026 was €0.12 Mil. Hence, Clean Motion AB's Days Payable for the three months ended in Mar. 2026 was 69.96.

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

FRA:66M' s Days Payable Range Over the Past 10 Years
Min: 48.53   Med: 165.38   Max: 864.87
Current: 304.06

During the past 12 years, Clean Motion AB's highest Days Payable was 864.87. The lowest was 48.53. And the median was 165.38.

FRA:66M's Days Payable is ranked better than
97.55% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs FRA:66M: 304.06

Clean Motion AB's Days Payable declined from Mar. 2025 (338.33) to Mar. 2026 (69.96). It may suggest that Clean Motion AB accelerated paying its suppliers.


Clean Motion AB Days Payable Historical Data

* Premium members only.

The historical data trend for Clean Motion AB'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.

Clean Motion AB Days Payable Chart

Clean Motion AB 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 0.00 0.00 0.00 166.91 832.50

Clean Motion AB 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 338.33 0.00 0.00 121.67 69.96

FRA:66M vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Clean Motion AB'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.


Clean Motion AB Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Clean Motion AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Clean Motion AB's Days Payable falls into.



Clean Motion AB 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.

Clean Motion AB'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
=( (0.241 + 0.092) / 2 ) / 0.073*365
=0.1665 / 0.073*365
=832.50

Clean Motion AB'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
=( (0.092 + 0) / 1 ) / 0.12*365 / 4
=0.092 / 0.12*365 / 4
=69.96

* 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 69.96 mean?
Clean Motion AB (FRA:66M) has a Days Payable of 69.96 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 Clean Motion AB and its competitors. This is 58% below median its historical median of 165.38. Over the past decade, Clean Motion AB's Days Payable has ranged from 48.53 to 864.87. According to the industry distribution chart, Clean Motion AB ranks #32 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 2.5%.
Is Clean Motion AB's Days Payable too high?
Clean Motion AB's current Days Payable of 69.96 is 58% below median its 10-year median of 165.38. Over the past 10 years, this metric has ranged from a low of 48.53 to a high of 864.87. The Vehicles & Parts industry median Days Payable is 67.26. Clean Motion AB's value of 69.96 is 4% above this industry median. Based on the distribution chart, Clean Motion AB ranks #32 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers.
How does Clean Motion AB's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Clean Motion AB ranks #32 out of 1306 companies for Days Payable. This places Clean Motion AB in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.26. Clean Motion AB's value of 69.96 is 4% above this benchmark. Historically, Clean Motion AB's own Days Payable has ranged from 48.53 to 864.87 over the past decade. While the company's 10-year median is 165.38 vs. the industry median of 67.26, Clean Motion AB 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.26, based on 1,306 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. Clean Motion AB's current Days Payable of 69.96 is 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 Clean Motion AB and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Motion AB's current Days Payable is 69.96, which is 58% below median its own 10-year median of 165.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Motion AB stock overvalued right now?
Clean Motion AB (FRA:66M) has a current Days Payable of 69.96. The current Days Payable is 69.96, which is 58% below median its 10-year median of 165.38 and 4% above the Vehicles & Parts industry median of 67.26. 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 Clean Motion AB (FRA:66M), the current Days Payable is 69.96 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.

Clean Motion AB Business Description

Other Exchanges CLEMO:Sweden
Address Fabriksstraket 3, Jonsered, Gothenburg, SWE, 433 76
Clean Motion AB is engaged in developing and manufacturing of electric vehicle for short distance transportation of up to three people and smaller goods. The company's product includes Zbee which is available in two versions, standard RS, and Cargo.