Icelandiclmon AS (FRA:I6X) Days Payable: 59.35 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:I6X Icelandic Salmon AS FRA:I6X
60 GF Score
Price €4.88
GF Value €7.60
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Icelandiclmon AS Days Payable?

Icelandiclmon AS FRA:I6X -0.41% 60 Days Payable is 59.35 as of Dec. 2025, which is 1% below its 10-year median of 59.87. GuruFocus rates FRA:I6X with a GF Score™ of 60/100 and a GF Value™ of €7.60 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,892 Consumer Packaged Goods companies, Icelandiclmon AS ranks better than 51.96% on this metric.

Icelandiclmon AS's average Accounts Payable for the six months ended in Dec. 2025 was €9.00 Mil. Icelandiclmon AS's Cost of Goods Sold for the six months ended in Dec. 2025 was €27.68 Mil. Hence, Icelandiclmon AS's Days Payable for the six months ended in Dec. 2025 was 59.35.

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

FRA:I6X' s Days Payable Range Over the Past 10 Years
Min: 34.39   Med: 59.87   Max: 138.83
Current: 46.03

During the past 9 years, Icelandiclmon AS's highest Days Payable was 138.83. The lowest was 34.39. And the median was 59.87.

FRA:I6X's Days Payable is ranked better than
51.96% of 1892 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs FRA:I6X: 46.03

Icelandiclmon AS's Days Payable increased from Dec. 2024 (38.25) to Dec. 2025 (59.35). It may suggest that Icelandiclmon AS delayed paying its suppliers.


Icelandiclmon AS Days Payable Historical Data

* Premium members only.

The historical data trend for Icelandiclmon 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.

Icelandiclmon AS Days Payable Chart

Icelandiclmon AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 63.37 48.85 36.27 55.63 36.60

Icelandiclmon AS Semi-Annual Data
Dec17 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 25.16 133.73 38.25 44.28 59.35

FRA:I6X vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Icelandiclmon 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.


Icelandiclmon AS Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Icelandiclmon AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Icelandiclmon AS's Days Payable falls into.


FRA:I6X
60GF Score
Icelandic Salmon AS FRA:I6X
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Icelandiclmon AS 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.

Icelandiclmon AS'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
=( (6.471 + 6.506) / 2 ) / 64.708*365
=6.4885 / 64.708*365
=36.60

Icelandiclmon AS'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
=( (11.498 + 6.506) / 2 ) / 27.68*365 / 2
=9.002 / 27.68*365 / 2
=59.35

* 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 59.35 mean?
Icelandiclmon AS (FRA:I6X) has a Days Payable of 59.35 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 Icelandiclmon AS and its competitors. This is near median its historical median of 59.87. Over the past decade, Icelandiclmon AS's Days Payable has ranged from 34.39 to 138.83. According to the industry distribution chart, Icelandiclmon AS ranks #909 out of 1892 companies in the Consumer Packaged Goods industry, placing it in the top 48%.
Is Icelandiclmon AS's Days Payable too high?
Icelandiclmon AS's current Days Payable of 59.35 is near median its 10-year median of 59.87. Over the past 10 years, this metric has ranged from a low of 34.39 to a high of 138.83. The Consumer Packaged Goods industry median Days Payable is 44.15. Icelandiclmon AS's value of 59.35 is 34.4% above this industry median. Based on the distribution chart, Icelandiclmon AS ranks #909 out of 1892 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Icelandiclmon AS has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandiclmon AS's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Icelandiclmon AS ranks #909 out of 1892 companies for Days Payable. This puts Icelandiclmon AS in the upper half of its industry. The industry median Days Payable is 44.15. Icelandiclmon AS's value of 59.35 is 34.4% above this benchmark. Historically, Icelandiclmon AS's own Days Payable has ranged from 34.39 to 138.83 over the past decade. While the company's 10-year median is 59.87 vs. the industry median of 44.15, Icelandiclmon AS 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,892 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. Icelandiclmon AS's current Days Payable of 59.35 is 34.4% 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 Icelandiclmon AS and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icelandiclmon AS's current Days Payable is 59.35, which is near median its own 10-year median of 59.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandiclmon AS stock overvalued right now?
Based on GuruFocus' analysis, Icelandiclmon AS (FRA:I6X) is currently considered Possible Value Trap. The stock's GF Value™ is €7.60, compared to a current price of €4.88 — trading 35.8% below its estimated fair value. The current Days Payable is 59.35, which is near median its 10-year median of 59.87 and 34.4% above the Consumer Packaged Goods industry median of 44.15. Icelandiclmon AS's overall GF Score™ is 60/100 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 Icelandiclmon AS (FRA:I6X), the current Days Payable is 59.35 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 Icelandiclmon AS (FRA:I6X) Overvalued in 2026?

Based on GuruFocus' analysis, Icelandiclmon AS stock appears to be undervalued. The current stock price of €4.88 is trading 35.8% below its estimated GF Value™ of €7.60. GuruFocus considers Icelandiclmon AS to be Possible Value Trap.

Key valuation signals for FRA:I6X:

  • Days Payable: 59.35 (near median its 10-year median of 59.87)
  • GF Value™: €7.60 vs. price of €4.88 (35.8% below fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 34.4% above the Consumer Packaged Goods median (#909 of 1892)

No single metric tells the full story. See the FRA:I6X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Icelandiclmon AS Business Description

Other Exchanges ISLAX:NorwayISLAX:Iceland
Address Industriveien 51, Kverva, NOR, 7266
Icelandic Salmon AS is an aquaculture company in Iceland. It is engaged in the production, processing and sale of salmon and salmon-based products. Geographically, it derives the majority of revenue from Europe and the rest from North America and Asia.
60GF Score

Get the complete analysis for FRA:I6X

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

€4.88
Price
€7.60
GF Value