Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AifulFRA:AAU 65 Days Payable is 1,617.99 as of Dec. 2025, which is 16% above its 10-year median of 1,397.83. GuruFocus rates FRA:AAU with a GF Score™ of 65/100 and a GF Value™ of €2.81. The stock has 5 warning signs investors should review. Among 302 Credit Services companies, Aiful ranks better than 94.7% on this metric.
Aiful's average Accounts Payable for the
three
months ended in Dec. 2025 was €366 Mil. Aiful's Cost of Goods Sold for the
three
months ended in Dec. 2025 was €21 Mil.
Hence, Aiful's Days Payable for the
three
months ended in Dec. 2025 was 1,617.99.
The historical rank and industry rank for Aiful's Days Payable or its related term are showing as below:
FRA:AAU'
s Days Payable Range Over the Past 10 Years
Min: 285.01 Med: 1397.83 Max: 2677.16
Current: 1680.86
During the past 13 years, Aiful's highest Days Payable was 2677.16. The lowest was 285.01. And the median was 1397.83.
FRA:AAU's Days Payable is ranked better than 94.7% of 302
companies
in the Credit Services industry
Industry Median: 33.455
vs FRA:AAU: 1680.86
Aiful's Days Payable
declined
from Dec. 2024 (2,302.82) to Dec. 2025 (1,617.99).
It may suggest that Aifulaccelerated paying its suppliers.
The historical data trend for Aiful'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 Credit Services subindustry, Aiful'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.
Aiful Days Payable vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Aiful's Days Payable distribution charts can be found below:
* The bar in red indicates where Aiful'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.
Aiful's Days Payable for the fiscal year that ended in Mar. 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.
Aiful (FRA:AAU) has a Days Payable of 1,617.99 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 Aiful and its competitors. This is 16% above median its historical median of 1,397.83. Over the past decade, Aiful's Days Payable has ranged from 285.01 to 2,677.16. According to the industry distribution chart, Aiful ranks #16 out of 302 companies in the Credit Services industry, placing it in the top 5.3%.
Is Aiful's Days Payable too high?
Aiful's current Days Payable of 1,617.99 is 16% above median its 10-year median of 1,397.83. Over the past 10 years, this metric has ranged from a low of 285.01 to a high of 2,677.16. The Credit Services industry median Days Payable is 33.46. Aiful's value of 1,617.99 is 4736.3% above this industry median. Based on the distribution chart, Aiful ranks #16 out of 302 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Aiful has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Aiful's Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, Aiful ranks #16 out of 302 companies for Days Payable. This places Aiful in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 33.46. Aiful's value of 1,617.99 is 4736.3% above this benchmark. Historically, Aiful's own Days Payable has ranged from 285.01 to 2,677.16 over the past decade. While the company's 10-year median is 1,397.83 vs. the industry median of 33.46, Aiful 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.46, based on 302 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. Aiful's current Days Payable of 1,617.99 is 4736.3% 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 Aiful and its competitors. For the Credit Services industry, the median Days Payable is 33.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aiful's current Days Payable is 1,617.99, which is 16% above median its own 10-year median of 1,397.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aiful stock overvalued right now?
Aiful (FRA:AAU) has a current Days Payable of 1,617.99. The stock's GF Value™ is €2.81, compared to a current price of €2.40 — trading 14.6% below its estimated fair value. The current Days Payable is 1,617.99, which is 16% above median its 10-year median of 1,397.83 and 4736.3% above the Credit Services industry median of 33.46. Aiful's overall GF Score™ is 65/100 with 5 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 Aiful (FRA:AAU), the current Days Payable is 1,617.99 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 Aiful (FRA:AAU) Overvalued in 2026?
Based on GuruFocus' analysis, Aiful stock appears to be undervalued.
The current stock price of €2.40 is trading 14.6% below its estimated GF Value™ of €2.81.
Key valuation signals for FRA:AAU:
Days Payable: 1,617.99 (16% above median its 10-year median of 1,397.83)
GF Value™: €2.81 vs. price of €2.40 (14.6% below fair value)
Industry Position: 4736.3% above the Credit Services median (#16 of 302)
No single metric tells the full story. See the FRA:AAU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Muninova Holdings Inc is focused on the management and administration of group companies engaged in consumer finance, credit card, and related businesses.
65GF Score
Get the complete analysis for FRA:AAU
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:AAU has been successfully added to your 
