Circhem AB (FRA:CRB) Days Payable: 160.93 (As of Mar. 2026) — 62% Below Median

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FRA:CRB Circhem AB FRA:CRB
56 GF Score
Price €0.06
GF Value €0.12
Valuation Possible Value Trap
! 6 Warning Signs
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What is Circhem AB Days Payable?

Circhem AB FRA:CRB +1.37% 56 Days Payable is 160.93 as of Mar. 2026, which is 62% below its 10-year median of 419.29. GuruFocus rates FRA:CRB with a GF Score™ of 56/100 and a GF Value™ of €0.12 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 231 Waste Management companies, Circhem AB ranks better than 95.67% on this metric.

Circhem AB's average Accounts Payable for the three months ended in Mar. 2026 was €0.19 Mil. Circhem AB's Cost of Goods Sold for the three months ended in Mar. 2026 was €0.11 Mil. Hence, Circhem AB's Days Payable for the three months ended in Mar. 2026 was 160.93.

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

FRA:CRB' s Days Payable Range Over the Past 10 Years
Min: 254.22   Med: 419.29   Max: 1081
Current: 1081

During the past 9 years, Circhem AB's highest Days Payable was 1081.00. The lowest was 254.22. And the median was 419.29.

FRA:CRB's Days Payable is ranked better than
95.67% of 231 companies
in the Waste Management industry
Industry Median: 63.51 vs FRA:CRB: 1081.00

Circhem AB's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (160.93). It may suggest that Circhem AB delayed paying its suppliers.


Circhem AB Days Payable Historical Data

* Premium members only.

The historical data trend for Circhem AB'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.

Circhem AB Days Payable Chart

Circhem AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 256.10 588.47 0.00

Circhem AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.00 0.00 0.00 175.37 160.93

FRA:CRB vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Circhem AB'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.


Circhem AB Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Circhem AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Circhem AB's Days Payable falls into.


FRA:CRB
56GF Score
Circhem AB FRA:CRB
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Circhem AB 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.

Circhem AB'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
=( (0.183 + 0.137) / 2 ) / -0.066*365
=0.16 / -0.066*365
=N/A

Circhem AB'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
=( (0.137 + 0.251) / 2 ) / 0.11*365 / 4
=0.194 / 0.11*365 / 4
=160.93

* 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 160.93 mean?
Circhem AB (FRA:CRB) has a Days Payable of 160.93 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 Circhem AB and its competitors. This is 62% below median its historical median of 419.29. Over the past decade, Circhem AB's Days Payable has ranged from 254.22 to 1,081.00. According to the industry distribution chart, Circhem AB ranks #10 out of 231 companies in the Waste Management industry, placing it in the top 4.3%.
Is Circhem AB's Days Payable too high?
Circhem AB's current Days Payable of 160.93 is 62% below median its 10-year median of 419.29. Over the past 10 years, this metric has ranged from a low of 254.22 to a high of 1,081.00. The Waste Management industry median Days Payable is 63.51. Circhem AB's value of 160.93 is 153.4% above this industry median. Based on the distribution chart, Circhem AB ranks #10 out of 231 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Circhem AB has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Circhem AB's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Circhem AB ranks #10 out of 231 companies for Days Payable. This places Circhem AB in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 63.51. Circhem AB's value of 160.93 is 153.4% above this benchmark. Historically, Circhem AB's own Days Payable has ranged from 254.22 to 1,081.00 over the past decade. While the company's 10-year median is 419.29 vs. the industry median of 63.51, Circhem AB 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.51, based on 231 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. Circhem AB's current Days Payable of 160.93 is 153.4% 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 Circhem AB and its competitors. For the Waste Management industry, the median Days Payable is 63.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circhem AB's current Days Payable is 160.93, which is 62% below median its own 10-year median of 419.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circhem AB stock overvalued right now?
Based on GuruFocus' analysis, Circhem AB (FRA:CRB) is currently considered Possible Value Trap. The stock's GF Value™ is €0.12, compared to a current price of €0.06 — trading 50.5% below its estimated fair value. The current Days Payable is 160.93, which is 62% below median its 10-year median of 419.29 and 153.4% above the Waste Management industry median of 63.51. Circhem AB's overall GF Score™ is 56/100 with 6 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 Circhem AB (FRA:CRB), the current Days Payable is 160.93 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 Circhem AB (FRA:CRB) Overvalued in 2026?

Based on GuruFocus' analysis, Circhem AB stock appears to be undervalued. The current stock price of €0.06 is trading 50.5% below its estimated GF Value™ of €0.12. GuruFocus considers Circhem AB to be Possible Value Trap.

Key valuation signals for FRA:CRB:

  • Days Payable: 160.93 (62% below median its 10-year median of 419.29)
  • GF Value™: €0.12 vs. price of €0.06 (50.5% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 153.4% above the Waste Management median (#10 of 231)

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


Circhem AB Business Description

Other Exchanges CIRCHE:Sweden
Address Malderistvagen 3, Vargon, SWE, 468 30
Circhem AB is primarily involved in the solvent recycling process which includes recycling and purification of industrial chemicals. It offers solution that enables the industry to reduce its emissions and at the same time increase profitability.
56GF Score

Get the complete analysis for FRA:CRB

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

€0.06
Price
€0.12
GF Value