Hove ASFRA:LL0 +4.74%60 Days Payable is 30.02 as of Mar. 2026, which is 13% below its 10-year median of 34.33. GuruFocus rates FRA:LL0 with a GF Score™ of 60/100 and a GF Value™ of €0.90 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,556 Chemicals companies, Hove AS ranks worse than 69.47% on this metric.
Hove AS's average Accounts Payable for the
three
months ended in Mar. 2026 was €2.42 Mil. Hove AS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €7.37 Mil.
Hence, Hove AS's Days Payable for the
three
months ended in Mar. 2026 was 30.02.
The historical rank and industry rank for Hove AS's Days Payable or its related term are showing as below:
FRA:LL0'
s Days Payable Range Over the Past 10 Years
Min: 30.61 Med: 34.33 Max: 53.03
Current: 40.82
During the past 7 years, Hove AS's highest Days Payable was 53.03. The lowest was 30.61. And the median was 34.33.
FRA:LL0's Days Payable is ranked worse than 69.47% of 1556
companies
in the Chemicals industry
Industry Median: 59.915
vs FRA:LL0: 40.82
Hove AS's Days Payable
increased
from Mar. 2025 (25.61) to Mar. 2026 (30.02).
It may suggest that Hove ASdelayed paying its suppliers.
Hove AS Days Payable Related Terms
Hove AS Days Payable Historical Data
* Premium members only.
The historical data trend for Hove 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.
For the Specialty Chemicals subindustry, Hove 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.
Hove AS Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hove AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Hove AS'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.
Hove AS'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.
Hove AS (FRA:LL0) has a Days Payable of 30.02 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 Hove AS and its competitors. This is 13% below median its historical median of 34.33. Over the past decade, Hove AS's Days Payable has ranged from 30.61 to 53.03. According to the industry distribution chart, Hove AS ranks #1081 out of 1556 companies in the Chemicals industry, placing it in the top 69.5%.
Is Hove AS's Days Payable too high?
Hove AS's current Days Payable of 30.02 is 13% below median its 10-year median of 34.33. Over the past 10 years, this metric has ranged from a low of 30.61 to a high of 53.03. The Chemicals industry median Days Payable is 59.92. Hove AS's value of 30.02 is 49.9% below this industry median. Based on the distribution chart, Hove AS ranks #1081 out of 1556 companies in the Chemicals industry, which is below the industry midpoint. Overall, Hove AS has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hove AS's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hove AS ranks #1081 out of 1556 companies for Days Payable. This places Hove AS in the lower half of its industry. The industry median Days Payable is 59.92. Hove AS's value of 30.02 is 49.9% below this benchmark. Historically, Hove AS's own Days Payable has ranged from 30.61 to 53.03 over the past decade. While the company's 10-year median is 34.33 vs. the industry median of 59.92, Hove AS 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.92, based on 1,556 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. Hove AS's current Days Payable of 30.02 is 49.9% 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 Hove AS and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hove AS's current Days Payable is 30.02, which is 13% below median its own 10-year median of 34.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hove AS stock overvalued right now?
Based on GuruFocus' analysis, Hove AS (FRA:LL0) is currently considered Fairly Valued. The stock's GF Value™ is €0.90, compared to a current price of €0.75 — trading 16.4% below its estimated fair value. The current Days Payable is 30.02, which is 13% below median its 10-year median of 34.33 and 49.9% below the Chemicals industry median of 59.92. Hove AS's overall GF Score™ is 60/100 with 1 warning sign 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 Hove AS (FRA:LL0), the current Days Payable is 30.02 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 Hove AS (FRA:LL0) Overvalued in 2026?
Based on GuruFocus' analysis, Hove AS stock appears to be undervalued.
The current stock price of €0.75 is trading 16.4% below its estimated GF Value™ of €0.90.
GuruFocus considers Hove AS to be Fairly Valued.
Key valuation signals for FRA:LL0:
Days Payable: 30.02 (13% below median its 10-year median of 34.33)
GF Value™: €0.90 vs. price of €0.75 (16.4% below fair value)
Industry Position: 49.9% below the Chemicals median (#1081 of 1556)
No single metric tells the full story. See the FRA:LL0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hove AS develops, produces, and supplies lubrication solutions for mechanical bearings in the wind turbine industry. The company's solutions are Hove Smart Lube, Hove Carry, Lubrication Solutions, Beinlich Pumps, and others.
60GF Score
Get the complete analysis for FRA:LL0
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:LL0 has been successfully added to your 
