Cell Impact (FRA:ICL) Days Payable: 316.37 (As of Mar. 2026) — 97% Above Median


What is Cell Impact Days Payable?

Cell Impact FRA:ICL -40.00% Days Payable is 316.37 as of Mar. 2026, which is 97% above its 10-year median of 160.74. The stock has 7 warning signs investors should review. Among 2,992 Industrial Products companies, Cell Impact ranks better than 77.44% on this metric.

Cell Impact's average Accounts Payable for the three months ended in Mar. 2026 was €0.32 Mil. Cell Impact's Cost of Goods Sold for the three months ended in Mar. 2026 was €0.09 Mil. Hence, Cell Impact's Days Payable for the three months ended in Mar. 2026 was 316.37.

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

FRA:ICL' s Days Payable Range Over the Past 10 Years
Min: 53.24   Med: 160.74   Max: 1248.97
Current: 154.47

During the past 13 years, Cell Impact's highest Days Payable was 1248.97. The lowest was 53.24. And the median was 160.74.

FRA:ICL's Days Payable is ranked better than
77.44% of 2992 companies
in the Industrial Products industry
Industry Median: 78.08 vs FRA:ICL: 154.47

Cell Impact's Days Payable increased from Mar. 2025 (88.71) to Mar. 2026 (316.37). It may suggest that Cell Impact delayed paying its suppliers.


Cell Impact Days Payable Historical Data

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The historical data trend for Cell Impact'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.

Cell Impact Days Payable Chart

Cell Impact 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 123.96 137.08 191.20 63.68 100.66

Cell Impact Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 88.71 149.02 189.80 84.71 316.37

FRA:ICL vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Cell Impact'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.


Cell Impact Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cell Impact's Days Payable distribution charts can be found below:

* The bar in red indicates where Cell Impact's Days Payable falls into.



Cell Impact 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.

Cell Impact'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
=( (0.138 + 0.402) / 2 ) / 0.979*365
=0.27 / 0.979*365
=100.66

Cell Impact's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.402 + 0.229) / 2 ) / 0.091*365 / 4
=0.3155 / 0.091*365 / 4
=316.37

* 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 316.37 mean?
Cell Impact (FRA:ICL) has a Days Payable of 316.37 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 Cell Impact and its competitors. This is 97% above median its historical median of 160.74. Over the past decade, Cell Impact's Days Payable has ranged from 53.24 to 1,248.97. According to the industry distribution chart, Cell Impact ranks #675 out of 2992 companies in the Industrial Products industry, placing it in the top 22.6%.
Is Cell Impact's Days Payable too high?
Cell Impact's current Days Payable of 316.37 is 97% above median its 10-year median of 160.74. Over the past 10 years, this metric has ranged from a low of 53.24 to a high of 1,248.97. The Industrial Products industry median Days Payable is 78.08. Cell Impact's value of 316.37 is 305.2% above this industry median. Based on the distribution chart, Cell Impact ranks #675 out of 2992 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Cell Impact's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Cell Impact ranks #675 out of 2992 companies for Days Payable. This places Cell Impact in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.08. Cell Impact's value of 316.37 is 305.2% above this benchmark. Historically, Cell Impact's own Days Payable has ranged from 53.24 to 1,248.97 over the past decade. While the company's 10-year median is 160.74 vs. the industry median of 78.08, Cell Impact 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 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. Cell Impact's current Days Payable of 316.37 is 305.2% 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 Cell Impact and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cell Impact's current Days Payable is 316.37, which is 97% above median its own 10-year median of 160.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cell Impact stock overvalued right now?
Cell Impact (FRA:ICL) has a current Days Payable of 316.37. The current Days Payable is 316.37, which is 97% above median its 10-year median of 160.74 and 305.2% above the Industrial Products industry median of 78.08. 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 Cell Impact (FRA:ICL), the current Days Payable is 316.37 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.

Cell Impact Business Description

Other Exchanges CI:Sweden
Address Kallmossvagen 7A, Karlskoga, SWE, 691 52
Cell Impact develops and manufactures flow plates for fuel cells and electrolyzers using materials such as graphite, stainless steel, and titanium. The company has developed and patented a high-velocity forming method, known as Cell Impact Forming, which enables the production of flow plates with advanced designs. Geographically, it operates in Sweden, Asia, the U.S., and Other Europe. It generates the majority of its revenue from Sweden.