AdCapital AG (FRA:ADC) Days Payable: 37.80 (As of Jun. 2025) — Near Median


What is AdCapital AG Days Payable?

AdCapital AG FRA:ADC Days Payable is 37.80 as of Jun. 2025, which is 2% above its 10-year median of 36.89. The stock has 5 warning signs investors should review. Among 480 Asset Management companies, AdCapital AG ranks better than 54.17% on this metric.

AdCapital AG's average Accounts Payable for the six months ended in Jun. 2025 was €13.8 Mil. AdCapital AG's Cost of Goods Sold for the six months ended in Jun. 2025 was €66.7 Mil. Hence, AdCapital AG's Days Payable for the six months ended in Jun. 2025 was 37.80.

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

FRA:ADC' s Days Payable Range Over the Past 10 Years
Min: 26.87   Med: 36.89   Max: 80.93
Current: 80.93

During the past 13 years, AdCapital AG's highest Days Payable was 80.93. The lowest was 26.87. And the median was 36.89.

FRA:ADC's Days Payable is ranked better than
54.17% of 480 companies
in the Asset Management industry
Industry Median: 70.83 vs FRA:ADC: 80.93

AdCapital AG's Days Payable declined from Jun. 2024 (97.01) to Jun. 2025 (37.80). It may suggest that AdCapital AG accelerated paying its suppliers.


AdCapital AG Days Payable Historical Data

* Premium members only.

The historical data trend for AdCapital AG'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.

AdCapital AG Days Payable Chart

AdCapital AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.31 39.51 43.15 40.98 41.52

AdCapital AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 88.49 105.11 97.01 107.92 37.80

FRA:ADC vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, AdCapital AG'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.


AdCapital AG Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, AdCapital AG's Days Payable distribution charts can be found below:

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



AdCapital AG 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.

AdCapital AG's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (14.249 + 13.815) / 2 ) / 123.347*365
=14.032 / 123.347*365
=41.52

AdCapital AG's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (13.815 + 0) / 1 ) / 66.705*365 / 2
=13.815 / 66.705*365 / 2
=37.80

* 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 37.80 mean?
AdCapital AG (FRA:ADC) has a Days Payable of 37.80 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on AdCapital AG and its competitors. This is near median its historical median of 36.89. Over the past decade, AdCapital AG's Days Payable has ranged from 26.87 to 80.93. According to the industry distribution chart, AdCapital AG ranks #220 out of 480 companies in the Asset Management industry, placing it in the top 45.8%.
Is AdCapital AG's Days Payable too high?
AdCapital AG's current Days Payable of 37.80 is near median its 10-year median of 36.89. Over the past 10 years, this metric has ranged from a low of 26.87 to a high of 80.93. The Asset Management industry median Days Payable is 70.83. AdCapital AG's value of 37.80 is 46.6% below this industry median. Based on the distribution chart, AdCapital AG ranks #220 out of 480 companies in the Asset Management industry, which is above the industry midpoint.
How does AdCapital AG's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, AdCapital AG ranks #220 out of 480 companies for Days Payable. This puts AdCapital AG in the upper half of its industry. The industry median Days Payable is 70.83. AdCapital AG's value of 37.80 is 46.6% below this benchmark. Historically, AdCapital AG's own Days Payable has ranged from 26.87 to 80.93 over the past decade. While the company's 10-year median is 36.89 vs. the industry median of 70.83, AdCapital AG 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.83, based on 480 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. AdCapital AG's current Days Payable of 37.80 is 46.6% 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 AdCapital AG and its competitors. For the Asset Management industry, the median Days Payable is 70.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AdCapital AG's current Days Payable is 37.80, which is near median its own 10-year median of 36.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AdCapital AG stock overvalued right now?
Based on GuruFocus' analysis, AdCapital AG (FRA:ADC) is currently considered Significantly Undervalued. The stock's GF Value™ is €1.47, compared to a current price of €0.00 — trading 99.8% below its estimated fair value. The current Days Payable is 37.80, which is near median its 10-year median of 36.89 and 46.6% below the Asset Management industry median of 70.83. 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 AdCapital AG (FRA:ADC), the current Days Payable is 37.80 as of Jun. 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.

AdCapital AG Business Description

Other Exchanges ADC:Germany
Address Im Ermlisgrund 11, Waldbronn, BW, DEU, 76337
AdCapital AG is an industrial holding company that invests in and manages companies in industries including electrical engineering, metal and plastic processing, machinery and tool manufacturing, and automotive sectors. Its portfolio includes subsidiaries: BDT Bavaria Digital Technik GmbH, Erich Jaeger GmbH + Co. KG, EW Hof Drives and Systems GmbH, FRAKO Kondensatoren- und Anlagenbau GmbH, KTS Kunststoff Technik Schmölln GmbH and Taller GmbH. The company generates maximum revenue through its subsidiary in the automotive industry. AdCapital's operations are geographically centered in Europe, particularly Germany.