Alefarm Brewing AS (FRA:902) Days Payable: 38.85 (As of Dec. 2025) — 42% Above Median


FRA:902 Alefarm Brewing AS FRA:902
31 GF Score
Price €0.30
GF Value €0.25
Valuation Modestly Overvalued
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What is Alefarm Brewing AS Days Payable?

Alefarm Brewing AS FRA:902 -3.19% 31 Days Payable is 38.85 as of Dec. 2025, which is 42% above its 10-year median of 27.34. GuruFocus rates FRA:902 with a GF Score™ of 31/100 and a GF Value™ of €0.25 (Modestly Overvalued). Among 202 Beverages - Alcoholic companies, Alefarm Brewing AS ranks worse than 78.22% on this metric.

Alefarm Brewing AS's average Accounts Payable for the six months ended in Dec. 2025 was €0.11 Mil. Alefarm Brewing AS's Cost of Goods Sold for the six months ended in Dec. 2025 was €0.51 Mil. Hence, Alefarm Brewing AS's Days Payable for the six months ended in Dec. 2025 was 38.85.

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

FRA:902' s Days Payable Range Over the Past 10 Years
Min: 9.78   Med: 27.34   Max: 83.42
Current: 41.73

During the past 8 years, Alefarm Brewing AS's highest Days Payable was 83.42. The lowest was 9.78. And the median was 27.34.

FRA:902's Days Payable is ranked worse than
78.22% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 82.04 vs FRA:902: 41.73

Alefarm Brewing AS's Days Payable increased from Dec. 2024 (33.82) to Dec. 2025 (38.85). It may suggest that Alefarm Brewing AS delayed paying its suppliers.


Alefarm Brewing AS Days Payable Historical Data

* Premium members only.

The historical data trend for Alefarm Brewing AS'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.

Alefarm Brewing AS Days Payable Chart

Alefarm Brewing AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 19.80 9.84 9.96 27.86 46.12

Alefarm Brewing AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 10.54 14.91 33.82 40.11 38.85

FRA:902 vs BUD, STZ, TAP: Days Payable Comparison

For the Beverages - Brewers subindustry, Alefarm Brewing AS'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.


Alefarm Brewing AS Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Alefarm Brewing AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Alefarm Brewing AS's Days Payable falls into.


FRA:902
31GF Score
Alefarm Brewing AS FRA:902
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Alefarm Brewing AS 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.

Alefarm Brewing AS'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
=( (0.131 + 0.124) / 2 ) / 1.009*365
=0.1275 / 1.009*365
=46.12

Alefarm Brewing AS'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.091 + 0.124) / 2 ) / 0.505*365 / 2
=0.1075 / 0.505*365 / 2
=38.85

* 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 38.85 mean?
Alefarm Brewing AS (FRA:902) has a Days Payable of 38.85 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 Alefarm Brewing AS and its competitors. This is 42% above median its historical median of 27.34. Over the past decade, Alefarm Brewing AS's Days Payable has ranged from 9.78 to 83.42. According to the industry distribution chart, Alefarm Brewing AS ranks #158 out of 202 companies in the Beverages - Alcoholic industry, placing it in the top 78.2%.
Is Alefarm Brewing AS's Days Payable too high?
Alefarm Brewing AS's current Days Payable of 38.85 is 42% above median its 10-year median of 27.34. Over the past 10 years, this metric has ranged from a low of 9.78 to a high of 83.42. The Beverages - Alcoholic industry median Days Payable is 82.04. Alefarm Brewing AS's value of 38.85 is 52.6% below this industry median. Based on the distribution chart, Alefarm Brewing AS ranks #158 out of 202 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Alefarm Brewing AS has a GF Score™ of 31/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alefarm Brewing AS's Days Payable compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Alefarm Brewing AS ranks #158 out of 202 companies for Days Payable. This places Alefarm Brewing AS in the lower half of its industry. The industry median Days Payable is 82.04. Alefarm Brewing AS's value of 38.85 is 52.6% below this benchmark. Historically, Alefarm Brewing AS's own Days Payable has ranged from 9.78 to 83.42 over the past decade. While the company's 10-year median is 27.34 vs. the industry median of 82.04, Alefarm Brewing AS 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.04, based on 202 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. Alefarm Brewing AS's current Days Payable of 38.85 is 52.6% 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 Alefarm Brewing AS and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alefarm Brewing AS's current Days Payable is 38.85, which is 42% above median its own 10-year median of 27.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alefarm Brewing AS stock overvalued right now?
Based on GuruFocus' analysis, Alefarm Brewing AS (FRA:902) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.25, compared to a current price of €0.30 — trading 21.2% above its estimated fair value. The current Days Payable is 38.85, which is 42% above median its 10-year median of 27.34 and 52.6% below the Beverages - Alcoholic industry median of 82.04. Alefarm Brewing AS's overall GF Score™ is 31/100. 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 Alefarm Brewing AS (FRA:902), the current Days Payable is 38.85 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 Alefarm Brewing AS (FRA:902) Overvalued in 2026?

Based on GuruFocus' analysis, Alefarm Brewing AS stock appears to be overvalued. The current stock price of €0.30 is trading 21.2% above its estimated GF Value™ of €0.25. GuruFocus considers Alefarm Brewing AS to be Modestly Overvalued.

Key valuation signals for FRA:902:

  • Days Payable: 38.85 (42% above median its 10-year median of 27.34)
  • GF Value™: €0.25 vs. price of €0.30 (21.2% above fair value)
  • GF Score™: 31/100
  • Industry Position: 52.6% below the Beverages - Alcoholic median (#158 of 202)

No single metric tells the full story. See the FRA:902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alefarm Brewing AS Business Description

Other Exchanges ALEFRM:Denmark
Address Lunikvej 2B, Greve, DNK, DK-2670
Alefarm Brewing AS is a Danish brewery that produces, markets and sells unique, high-quality beer to consumers and distributors worldwide.
31GF Score

Get the complete analysis for FRA:902

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

€0.30
Price
€0.25
GF Value