Gevorkyan AS (FRA:91X) Days Payable: 166.46 (As of Mar. 2026) — Near Median

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FRA:91X Gevorkyan AS FRA:91X
66 GF Score
Price €8.54
GF Value €13.96
Valuation Possible Value Trap
! 7 Warning Signs
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What is Gevorkyan AS Days Payable?

Gevorkyan AS FRA:91X +16.99% 66 Days Payable is 166.46 as of Mar. 2026, which is 1% above its 10-year median of 165.29. GuruFocus rates FRA:91X with a GF Score™ of 66/100 and a GF Value™ of €13.96 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,991 Industrial Products companies, Gevorkyan AS ranks better than 93.61% on this metric.

Gevorkyan AS's average Accounts Payable for the three months ended in Mar. 2026 was €27.10 Mil. Gevorkyan AS's Cost of Goods Sold for the three months ended in Mar. 2026 was €14.86 Mil. Hence, Gevorkyan AS's Days Payable for the three months ended in Mar. 2026 was 166.46.

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

FRA:91X' s Days Payable Range Over the Past 10 Years
Min: 104.5   Med: 165.29   Max: 317.5
Current: 281.1

During the past 9 years, Gevorkyan AS's highest Days Payable was 317.50. The lowest was 104.50. And the median was 165.29.

FRA:91X's Days Payable is ranked better than
93.61% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs FRA:91X: 281.10

Gevorkyan AS's Days Payable declined from Mar. 2025 (208.52) to Mar. 2026 (166.46). It may suggest that Gevorkyan AS accelerated paying its suppliers.


Gevorkyan AS Days Payable Historical Data

* Premium members only.

The historical data trend for Gevorkyan 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.

Gevorkyan AS Days Payable Chart

Gevorkyan AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 168.25 159.40 267.53 281.03 312.04

Gevorkyan AS Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 208.52 402.61 306.90 396.91 166.46

FRA:91X vs SNA, RBC, LECO: Days Payable Comparison

For the Tools & Accessories subindustry, Gevorkyan 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.


Gevorkyan AS Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gevorkyan AS's Days Payable distribution charts can be found below:

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


FRA:91X
66GF Score
Gevorkyan AS FRA:91X
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gevorkyan 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.

Gevorkyan 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
=( (24.359 + 26.644) / 2 ) / 29.83*365
=25.5015 / 29.83*365
=312.04

Gevorkyan AS'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
=( (26.644 + 27.557) / 2 ) / 14.856*365 / 4
=27.1005 / 14.856*365 / 4
=166.46

* 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 166.46 mean?
Gevorkyan AS (FRA:91X) has a Days Payable of 166.46 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 Gevorkyan AS and its competitors. This is near median its historical median of 165.29. Over the past decade, Gevorkyan AS's Days Payable has ranged from 104.50 to 317.50. According to the industry distribution chart, Gevorkyan AS ranks #191 out of 2991 companies in the Industrial Products industry, placing it in the top 6.4%.
Is Gevorkyan AS's Days Payable too high?
Gevorkyan AS's current Days Payable of 166.46 is near median its 10-year median of 165.29. Over the past 10 years, this metric has ranged from a low of 104.50 to a high of 317.50. The Industrial Products industry median Days Payable is 78.05. Gevorkyan AS's value of 166.46 is 113.3% above this industry median. Based on the distribution chart, Gevorkyan AS ranks #191 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Gevorkyan AS has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gevorkyan AS's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Gevorkyan AS ranks #191 out of 2991 companies for Days Payable. This places Gevorkyan AS in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Gevorkyan AS's value of 166.46 is 113.3% above this benchmark. Historically, Gevorkyan AS's own Days Payable has ranged from 104.50 to 317.50 over the past decade. While the company's 10-year median is 165.29 vs. the industry median of 78.05, Gevorkyan AS 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,991 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. Gevorkyan AS's current Days Payable of 166.46 is 113.3% 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 Gevorkyan AS and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gevorkyan AS's current Days Payable is 166.46, which is near median its own 10-year median of 165.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gevorkyan AS stock overvalued right now?
Based on GuruFocus' analysis, Gevorkyan AS (FRA:91X) is currently considered Possible Value Trap. The stock's GF Value™ is €13.96, compared to a current price of €8.54 — trading 38.8% below its estimated fair value. The current Days Payable is 166.46, which is near median its 10-year median of 165.29 and 113.3% above the Industrial Products industry median of 78.05. Gevorkyan AS's overall GF Score™ is 66/100 with 7 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 Gevorkyan AS (FRA:91X), the current Days Payable is 166.46 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 Gevorkyan AS (FRA:91X) Overvalued in 2026?

Based on GuruFocus' analysis, Gevorkyan AS stock appears to be undervalued. The current stock price of €8.54 is trading 38.8% below its estimated GF Value™ of €13.96. GuruFocus considers Gevorkyan AS to be Possible Value Trap.

Key valuation signals for FRA:91X:

  • Days Payable: 166.46 (near median its 10-year median of 165.29)
  • GF Value™: €13.96 vs. price of €8.54 (38.8% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 113.3% above the Industrial Products median (#191 of 2991)

No single metric tells the full story. See the FRA:91X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gevorkyan AS Business Description

Other Exchanges GEV:Czech Republic
Address Tovarenska 504, Vlkanova, CZE, 976 31
Gevorkyan AS is engaged in powder metallurgy. The company is engaged in the combination of sintering (powder metallurgy), metal powder injection moulding (MIM), and hot isostatic pressing (HIP) under one roof, making it different in the world.
66GF Score

Get the complete analysis for FRA:91X

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

€8.54
Price
€13.96
GF Value