Bellini Nautica SpA (FRA:F2F) Days Payable: 173.48 (As of Dec. 2025) — 38% Above Median


FRA:F2F Bellini Nautica SpA FRA:F2F
79 GF Score
Price €2.84
GF Value €4.51
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Bellini Nautica SpA Days Payable?

Bellini Nautica SpA FRA:F2F -0.70% 79 Days Payable is 173.48 as of Dec. 2025, which is 38% above its 10-year median of 125.39. GuruFocus rates FRA:F2F with a GF Score™ of 79/100 and a GF Value™ of €4.51 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Bellini Nautica SpA ranks better than 82.07% on this metric.

Bellini Nautica SpA's average Accounts Payable for the six months ended in Dec. 2025 was €7.26 Mil. Bellini Nautica SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €7.64 Mil. Hence, Bellini Nautica SpA's Days Payable for the six months ended in Dec. 2025 was 173.48.

The historical rank and industry rank for Bellini Nautica SpA's Days Payable or its related term are showing as below:

FRA:F2F' s Days Payable Range Over the Past 10 Years
Min: 67.96   Med: 125.39   Max: 178.68
Current: 146.2

During the past 6 years, Bellini Nautica SpA's highest Days Payable was 178.68. The lowest was 67.96. And the median was 125.39.

FRA:F2F's Days Payable is ranked better than
82.07% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 67.05 vs FRA:F2F: 146.20

Bellini Nautica SpA's Days Payable increased from Dec. 2024 (135.74) to Dec. 2025 (173.48). It may suggest that Bellini Nautica SpA delayed paying its suppliers.


Bellini Nautica SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Bellini Nautica SpA'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.

Bellini Nautica SpA Days Payable Chart

Bellini Nautica SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 67.96 107.88 178.68 111.57 169.20

Bellini Nautica SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.84 84.84 135.74 100.85 173.48

FRA:F2F vs BC, PII, THO: Days Payable Comparison

For the Recreational Vehicles subindustry, Bellini Nautica SpA'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.


Bellini Nautica SpA Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bellini Nautica SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Bellini Nautica SpA's Days Payable falls into.


FRA:F2F
79GF Score
Bellini Nautica SpA FRA:F2F
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bellini Nautica SpA 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.

Bellini Nautica SpA'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
=( (5.165 + 10.026) / 2 ) / 16.385*365
=7.5955 / 16.385*365
=169.20

Bellini Nautica SpA's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (4.501 + 10.026) / 2 ) / 7.641*365 / 2
=7.2635 / 7.641*365 / 2
=173.48

* 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 173.48 mean?
Bellini Nautica SpA (FRA:F2F) has a Days Payable of 173.48 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 Bellini Nautica SpA and its competitors. This is 38% above median its historical median of 125.39. Over the past decade, Bellini Nautica SpA's Days Payable has ranged from 67.96 to 178.68. According to the industry distribution chart, Bellini Nautica SpA ranks #235 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 17.9%.
Is Bellini Nautica SpA's Days Payable too high?
Bellini Nautica SpA's current Days Payable of 173.48 is 38% above median its 10-year median of 125.39. Over the past 10 years, this metric has ranged from a low of 67.96 to a high of 178.68. The Vehicles & Parts industry median Days Payable is 67.05. Bellini Nautica SpA's value of 173.48 is 158.7% above this industry median. Based on the distribution chart, Bellini Nautica SpA ranks #235 out of 1311 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Bellini Nautica SpA has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bellini Nautica SpA's Days Payable compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Bellini Nautica SpA ranks #235 out of 1311 companies for Days Payable. This places Bellini Nautica SpA in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.05. Bellini Nautica SpA's value of 173.48 is 158.7% above this benchmark. Historically, Bellini Nautica SpA's own Days Payable has ranged from 67.96 to 178.68 over the past decade. While the company's 10-year median is 125.39 vs. the industry median of 67.05, Bellini Nautica SpA 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.05, based on 1,311 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. Bellini Nautica SpA's current Days Payable of 173.48 is 158.7% 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 Bellini Nautica SpA and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellini Nautica SpA's current Days Payable is 173.48, which is 38% above median its own 10-year median of 125.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellini Nautica SpA stock overvalued right now?
Based on GuruFocus' analysis, Bellini Nautica SpA (FRA:F2F) is currently considered Significantly Undervalued. The stock's GF Value™ is €4.51, compared to a current price of €2.84 — trading 37% below its estimated fair value. The current Days Payable is 173.48, which is 38% above median its 10-year median of 125.39 and 158.7% above the Vehicles & Parts industry median of 67.05. Bellini Nautica SpA's overall GF Score™ is 79/100 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 Bellini Nautica SpA (FRA:F2F), the current Days Payable is 173.48 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 Bellini Nautica SpA (FRA:F2F) Overvalued in 2026?

Based on GuruFocus' analysis, Bellini Nautica SpA stock appears to be undervalued. The current stock price of €2.84 is trading 37% below its estimated GF Value™ of €4.51. GuruFocus considers Bellini Nautica SpA to be Significantly Undervalued.

Key valuation signals for FRA:F2F:

  • Days Payable: 173.48 (38% above median its 10-year median of 125.39)
  • GF Value™: €4.51 vs. price of €2.84 (37% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 158.7% above the Vehicles & Parts median (#235 of 1311)

No single metric tells the full story. See the FRA:F2F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bellini Nautica SpA Business Description

Other Exchanges BELL:Italy
Address Via Carlo Lanza, 28, Clusane d'Iseo, Brescia, ITA, 25049
Bellini Nautica SpA offers recreational vehicles. It specializes in the commercialization of high-end pleasure boats, with its offerings spanning different kinds of boats such as the Bellini yachts like B Atelier and Astor 36, and Vintage Riva boats like Florida Shore, Riva Junior, Sebino Shore, and others. The company also offers boat-related maintenance and restoration services.
79GF Score

Get the complete analysis for FRA:F2F

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

€2.84
Price
€4.51
GF Value