Neodecortech SpAFRA:FM2 +0.23%77 Days Payable is 110.27 as of Mar. 2026, which is 10% below its 10-year median of 121.91. GuruFocus rates FRA:FM2 with a GF Score™ of 77/100 and a GF Value™ of €3.18 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 276 Forest Products companies, Neodecortech SpA ranks better than 76.81% on this metric.
The historical rank and industry rank for Neodecortech SpA's Days Payable or its related term are showing as below:
FRA:FM2'
s Days Payable Range Over the Past 10 Years
Min: 92.1 Med: 121.91 Max: 195.57
Current: 97.39
During the past 11 years, Neodecortech SpA's highest Days Payable was 195.57. The lowest was 92.10. And the median was 121.91.
FRA:FM2's Days Payable is ranked better than 76.81% of 276
companies
in the Forest Products industry
Industry Median: 57.93
vs FRA:FM2: 97.39
Neodecortech SpA's Days Payable
increased
from Mar. 2025 (103.87) to Mar. 2026 (110.27).
It may suggest that Neodecortech SpAdelayed paying its suppliers.
Neodecortech SpA Days Payable Related Terms
Neodecortech SpA Days Payable Historical Data
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The historical data trend for Neodecortech 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.
For the Paper & Paper Products subindustry, Neodecortech 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.
Neodecortech SpA Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Neodecortech SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Neodecortech SpA'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.
Neodecortech SpA'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.
Neodecortech SpA (FRA:FM2) has a Days Payable of 110.27 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 Neodecortech SpA and its competitors. This is 10% below median its historical median of 121.91. Over the past decade, Neodecortech SpA's Days Payable has ranged from 92.10 to 195.57. According to the industry distribution chart, Neodecortech SpA ranks #64 out of 276 companies in the Forest Products industry, placing it in the top 23.2%.
Is Neodecortech SpA's Days Payable too high?
Neodecortech SpA's current Days Payable of 110.27 is 10% below median its 10-year median of 121.91. Over the past 10 years, this metric has ranged from a low of 92.10 to a high of 195.57. The Forest Products industry median Days Payable is 57.93. Neodecortech SpA's value of 110.27 is 90.4% above this industry median. Based on the distribution chart, Neodecortech SpA ranks #64 out of 276 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Neodecortech SpA has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neodecortech SpA's Days Payable compare to SLVM?
According to the Forest Products industry distribution chart, Neodecortech SpA ranks #64 out of 276 companies for Days Payable. This places Neodecortech SpA in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.93. Neodecortech SpA's value of 110.27 is 90.4% above this benchmark. Historically, Neodecortech SpA's own Days Payable has ranged from 92.10 to 195.57 over the past decade. While the company's 10-year median is 121.91 vs. the industry median of 57.93, Neodecortech 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Neodecortech SpA's current Days Payable of 110.27 is 90.4% 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 Neodecortech SpA and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neodecortech SpA's current Days Payable is 110.27, which is 10% below median its own 10-year median of 121.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neodecortech SpA stock overvalued right now?
Based on GuruFocus' analysis, Neodecortech SpA (FRA:FM2) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.18, compared to a current price of €4.28 — trading 34.6% above its estimated fair value. The current Days Payable is 110.27, which is 10% below median its 10-year median of 121.91 and 90.4% above the Forest Products industry median of 57.93. Neodecortech SpA's overall GF Score™ is 77/100 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 Neodecortech SpA (FRA:FM2), the current Days Payable is 110.27 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 Neodecortech SpA (FRA:FM2) Overvalued in 2026?
Based on GuruFocus' analysis, Neodecortech SpA stock appears to be overvalued.
The current stock price of €4.28 is trading 34.6% above its estimated GF Value™ of €3.18.
GuruFocus considers Neodecortech SpA to be Significantly Overvalued.
Key valuation signals for FRA:FM2:
Days Payable: 110.27 (10% below median its 10-year median of 121.91)
GF Value™: €3.18 vs. price of €4.28 (34.6% above fair value)
Industry Position: 90.4% above the Forest Products median (#64 of 276)
No single metric tells the full story. See the FRA:FM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neodecortech SpA produces and markets decorative paper, decorative papers for furniture, and laminate flooring in the national and international markets. It manufactures decorative papers, printed decorative papers, finish foil, melamine-impregnated papers, printed thermoplastic film, and laminates. Its divisions include the Printed Decorative Paper Division, Decorative Paper Division, and Guarcino Energy Division and NDT China Division. The majority of its revenue is generated from the Decorative Paper Division segment.
77GF Score
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