CEZ ASFRA:CEZ +3.02%70 Days Payable is 113.11 as of Mar. 2026, which is 34% below its 10-year median of 172.38. GuruFocus rates FRA:CEZ with a GF Score™ of 70/100 and a GF Value™ of €44.94 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 483 Utilities - Regulated companies, CEZ AS ranks better than 65.84% on this metric.
CEZ AS's average Accounts Payable for the
three
months ended in Mar. 2026 was €1,885 Mil. CEZ AS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €1,521 Mil.
Hence, CEZ AS's Days Payable for the
three
months ended in Mar. 2026 was 113.11.
The historical rank and industry rank for CEZ AS's Days Payable or its related term are showing as below:
FRA:CEZ'
s Days Payable Range Over the Past 10 Years
Min: 104.51 Med: 172.38 Max: 234.65
Current: 104.51
During the past 13 years, CEZ AS's highest Days Payable was 234.65. The lowest was 104.51. And the median was 172.38.
FRA:CEZ's Days Payable is ranked better than 65.84% of 483
companies
in the Utilities - Regulated industry
Industry Median: 70.35
vs FRA:CEZ: 104.51
CEZ AS's Days Payable
increased
from Mar. 2025 (102.11) to Mar. 2026 (113.11).
It may suggest that CEZ ASdelayed paying its suppliers.
CEZ AS Days Payable Related Terms
CEZ AS Days Payable Historical Data
* Premium members only.
The historical data trend for CEZ 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.
For the Utilities - Regulated Electric subindustry, CEZ 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.
CEZ AS Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CEZ AS's Days Payable distribution charts can be found below:
* The bar in red indicates where CEZ AS'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.
CEZ AS's Days Payable for the fiscal year that ended in Dec. 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.
CEZ AS (FRA:CEZ) has a Days Payable of 113.11 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 CEZ AS and its competitors. This is 34% below median its historical median of 172.38. Over the past decade, CEZ AS's Days Payable has ranged from 104.51 to 234.65. According to the industry distribution chart, CEZ AS ranks #165 out of 483 companies in the Utilities - Regulated industry, placing it in the top 34.2%.
Is CEZ AS's Days Payable too high?
CEZ AS's current Days Payable of 113.11 is 34% below median its 10-year median of 172.38. Over the past 10 years, this metric has ranged from a low of 104.51 to a high of 234.65. The Utilities - Regulated industry median Days Payable is 70.35. CEZ AS's value of 113.11 is 60.8% above this industry median. Based on the distribution chart, CEZ AS ranks #165 out of 483 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, CEZ AS has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CEZ AS ranks #165 out of 483 companies for Days Payable. This puts CEZ AS in the upper half of its industry. The industry median Days Payable is 70.35. CEZ AS's value of 113.11 is 60.8% above this benchmark. Historically, CEZ AS's own Days Payable has ranged from 104.51 to 234.65 over the past decade. While the company's 10-year median is 172.38 vs. the industry median of 70.35, CEZ 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. CEZ AS's current Days Payable of 113.11 is 60.8% 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 CEZ AS and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEZ AS's current Days Payable is 113.11, which is 34% below median its own 10-year median of 172.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEZ AS stock overvalued right now?
Based on GuruFocus' analysis, CEZ AS (FRA:CEZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €44.94, compared to a current price of €51.10 — trading 13.7% above its estimated fair value. The current Days Payable is 113.11, which is 34% below median its 10-year median of 172.38 and 60.8% above the Utilities - Regulated industry median of 70.35. CEZ AS's overall GF Score™ is 70/100 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 CEZ AS (FRA:CEZ), the current Days Payable is 113.11 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 CEZ AS (FRA:CEZ) Overvalued in 2026?
Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued.
The current stock price of €51.10 is trading 13.7% above its estimated GF Value™ of €44.94.
GuruFocus considers CEZ AS to be Modestly Overvalued.
Key valuation signals for FRA:CEZ:
Days Payable: 113.11 (34% below median its 10-year median of 172.38)
GF Value™: €44.94 vs. price of €51.10 (13.7% above fair value)
Industry Position: 60.8% above the Utilities - Regulated median (#165 of 483)
No single metric tells the full story. See the FRA:CEZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CEZ AS is a Czech energy company of which the government of the Czech Republic is the majority shareholder. The core business of the company is the generation, distribution, trade, and sale of electricity and heat, coal mining, trading in commodities and provision of complex energy services, distribution, trade, and sale of natural gas, and the provision of telecommunications services. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. The group operates mainly in Czechia and in Central and Western European markets.
70GF Score
Get the complete analysis for FRA:CEZ
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:CEZ has been successfully added to your 
