GAM Holding AG (FRA:GAD) Days Payable: 19.02 (As of Dec. 2025) — 32% Above Median


What is GAM Holding AG Days Payable?

GAM Holding AG FRA:GAD -3.08% Days Payable is 19.02 as of Dec. 2025, which is 32% above its 10-year median of 14.44. The stock has 6 warning signs investors should review. Among 480 Asset Management companies, GAM Holding AG ranks worse than 80.21% on this metric.

GAM Holding AG's average Accounts Payable for the six months ended in Dec. 2025 was €3.53 Mil. GAM Holding AG's Cost of Goods Sold for the six months ended in Dec. 2025 was €33.86 Mil. Hence, GAM Holding AG's Days Payable for the six months ended in Dec. 2025 was 19.02.

The historical rank and industry rank for GAM Holding AG's Days Payable or its related term are showing as below:

FRA:GAD' s Days Payable Range Over the Past 10 Years
Min: 9.79   Med: 14.44   Max: 31.87
Current: 26.33

During the past 13 years, GAM Holding AG's highest Days Payable was 31.87. The lowest was 9.79. And the median was 14.44.

FRA:GAD's Days Payable is ranked worse than
80.21% of 480 companies
in the Asset Management industry
Industry Median: 70.635 vs FRA:GAD: 26.33

GAM Holding AG's Days Payable declined from Dec. 2024 (49.89) to Dec. 2025 (19.02). It may suggest that GAM Holding AG accelerated paying its suppliers.


GAM Holding AG Days Payable Historical Data

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The historical data trend for GAM Holding AG'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.

GAM Holding AG Days Payable Chart

GAM Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.66 17.90 16.64 20.80 31.85

GAM Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 38.45 55.00 49.89 27.44 19.02

FRA:GAD vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, GAM Holding AG'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.


GAM Holding AG Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GAM Holding AG's Days Payable distribution charts can be found below:

* The bar in red indicates where GAM Holding AG's Days Payable falls into.



GAM Holding AG 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.

GAM Holding AG'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
=( (8.997 + 3.965) / 2 ) / 74.266*365
=6.481 / 74.266*365
=31.85

GAM Holding AG'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
=( (3.092 + 3.965) / 2 ) / 33.864*365 / 2
=3.5285 / 33.864*365 / 2
=19.02

* 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 19.02 mean?
GAM Holding AG (FRA:GAD) has a Days Payable of 19.02 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 GAM Holding AG and its competitors. This is 32% above median its historical median of 14.44. Over the past decade, GAM Holding AG's Days Payable has ranged from 9.79 to 31.87. According to the industry distribution chart, GAM Holding AG ranks #385 out of 480 companies in the Asset Management industry, placing it in the top 80.2%.
Is GAM Holding AG's Days Payable too high?
GAM Holding AG's current Days Payable of 19.02 is 32% above median its 10-year median of 14.44. Over the past 10 years, this metric has ranged from a low of 9.79 to a high of 31.87. The Asset Management industry median Days Payable is 70.64. GAM Holding AG's value of 19.02 is 73.1% below this industry median. Based on the distribution chart, GAM Holding AG ranks #385 out of 480 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does GAM Holding AG's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, GAM Holding AG ranks #385 out of 480 companies for Days Payable. This places GAM Holding AG in the lower half of its industry. The industry median Days Payable is 70.64. GAM Holding AG's value of 19.02 is 73.1% below this benchmark. Historically, GAM Holding AG's own Days Payable has ranged from 9.79 to 31.87 over the past decade. While the company's 10-year median is 14.44 vs. the industry median of 70.64, GAM Holding AG 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.64, based on 480 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. GAM Holding AG's current Days Payable of 19.02 is 73.1% 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 GAM Holding AG and its competitors. For the Asset Management industry, the median Days Payable is 70.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GAM Holding AG's current Days Payable is 19.02, which is 32% above median its own 10-year median of 14.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAM Holding AG stock overvalued right now?
Based on GuruFocus' analysis, GAM Holding AG (FRA:GAD) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.06 — trading 530% above its estimated fair value. The current Days Payable is 19.02, which is 32% above median its 10-year median of 14.44 and 73.1% below the Asset Management industry median of 70.64. 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 GAM Holding AG (FRA:GAD), the current Days Payable is 19.02 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.

GAM Holding AG Business Description

Address Hardstrasse 201, Zurich, CHE, CH-8005
GAM Holding AG is a asset manager with products that cater to institutions, intermediaries, and private clients.The company offers risk-rated, flexible solution, absolute return strategies across an array of asset classes and strategies. The company provides Asset management services through the GAM and Julius Bae brands and includes investment advice from internal and external professionals.