Harboes Bryggeri ASFRA:DX4 +1.11%64 Days Payable is 59.95 as of Apr. 2026, which is 17% above its 10-year median of 51.18. GuruFocus rates FRA:DX4 with a GF Score™ of 64/100 and a GF Value™ of €16.26. The stock has 5 warning signs investors should review. Among 202 Beverages - Alcoholic companies, Harboes Bryggeri AS ranks worse than 62.38% on this metric.
The historical rank and industry rank for Harboes Bryggeri AS's Days Payable or its related term are showing as below:
FRA:DX4'
s Days Payable Range Over the Past 10 Years
Min: 41.06 Med: 51.18 Max: 62.63
Current: 62.63
During the past 13 years, Harboes Bryggeri AS's highest Days Payable was 62.63. The lowest was 41.06. And the median was 51.18.
FRA:DX4's Days Payable is ranked worse than 62.38% of 202
companies
in the Beverages - Alcoholic industry
Industry Median: 80.855
vs FRA:DX4: 62.63
Harboes Bryggeri AS's Days Payable
increased
from Apr. 2025 (58.86) to Apr. 2026 (59.95).
It may suggest that Harboes Bryggeri ASdelayed paying its suppliers.
Harboes Bryggeri AS Days Payable Related Terms
Harboes Bryggeri AS Days Payable Historical Data
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The historical data trend for Harboes Bryggeri 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 Beverages - Brewers subindustry, Harboes Bryggeri 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.
Harboes Bryggeri AS Days Payable vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Harboes Bryggeri 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.
Harboes Bryggeri AS's Days Payable for the fiscal year that ended in Apr. 2026 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.
Harboes Bryggeri AS (FRA:DX4) has a Days Payable of 59.95 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Harboes Bryggeri AS and its competitors. This is 17% above median its historical median of 51.18. Over the past decade, Harboes Bryggeri AS's Days Payable has ranged from 41.06 to 62.63. According to the industry distribution chart, Harboes Bryggeri AS ranks #126 out of 202 companies in the Beverages - Alcoholic industry, placing it in the top 62.4%.
Is Harboes Bryggeri AS's Days Payable too high?
Harboes Bryggeri AS's current Days Payable of 59.95 is 17% above median its 10-year median of 51.18. Over the past 10 years, this metric has ranged from a low of 41.06 to a high of 62.63. The Beverages - Alcoholic industry median Days Payable is 80.86. Harboes Bryggeri AS's value of 59.95 is 25.9% below this industry median. Based on the distribution chart, Harboes Bryggeri AS ranks #126 out of 202 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Harboes Bryggeri AS has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Harboes Bryggeri AS's Days Payable compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Harboes Bryggeri AS ranks #126 out of 202 companies for Days Payable. This places Harboes Bryggeri AS in the lower half of its industry. The industry median Days Payable is 80.86. Harboes Bryggeri AS's value of 59.95 is 25.9% below this benchmark. Historically, Harboes Bryggeri AS's own Days Payable has ranged from 41.06 to 62.63 over the past decade. While the company's 10-year median is 51.18 vs. the industry median of 80.86, Harboes Bryggeri AS 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 a Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 80.86, based on 202 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. Harboes Bryggeri AS's current Days Payable of 59.95 is 25.9% 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 Harboes Bryggeri AS and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 80.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harboes Bryggeri AS's current Days Payable is 59.95, which is 17% above median its own 10-year median of 51.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harboes Bryggeri AS stock overvalued right now?
Harboes Bryggeri AS (FRA:DX4) has a current Days Payable of 59.95. The stock's GF Value™ is €16.26, compared to a current price of €14.62 — trading 10.1% below its estimated fair value. The current Days Payable is 59.95, which is 17% above median its 10-year median of 51.18 and 25.9% below the Beverages - Alcoholic industry median of 80.86. Harboes Bryggeri AS's overall GF Score™ is 64/100 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 Harboes Bryggeri AS (FRA:DX4), the current Days Payable is 59.95 as of Apr. 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 Harboes Bryggeri AS (FRA:DX4) Overvalued in 2026?
Based on GuruFocus' analysis, Harboes Bryggeri AS stock appears to be undervalued.
The current stock price of €14.62 is trading 10.1% below its estimated GF Value™ of €16.26.
Key valuation signals for FRA:DX4:
Days Payable: 59.95 (17% above median its 10-year median of 51.18)
GF Value™: €16.26 vs. price of €14.62 (10.1% below fair value)
Industry Position: 25.9% below the Beverages - Alcoholic median (#126 of 202)
No single metric tells the full story. See the FRA:DX4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.
64GF Score
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