Axelspace Holdings (FRA:N4Y) Days Payable: 47.30 (As of May. 2026) — 20% Above 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:N4Y Axelspace Holdings Corp FRA:N4Y
18 GF Score
Price €2.67
! 4 Warning Signs
View Full Analysis

What is Axelspace Holdings Days Payable?

Axelspace Holdings FRA:N4Y 18 Days Payable is 47.30 as of May. 2026, which is 20% above its 10-year median of 39.38. GuruFocus rates FRA:N4Y with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 344 Aerospace & Defense companies, Axelspace Holdings ranks worse than 50.58% on this metric.

Axelspace Holdings's average Accounts Payable for the three months ended in May. 2026 was €2.21 Mil. Axelspace Holdings's Cost of Goods Sold for the three months ended in May. 2026 was €4.27 Mil. Hence, Axelspace Holdings's Days Payable for the three months ended in May. 2026 was 47.30.

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

FRA:N4Y' s Days Payable Range Over the Past 10 Years
Min: 20.39   Med: 39.38   Max: 82.48
Current: 64.94

During the past 4 years, Axelspace Holdings's highest Days Payable was 82.48. The lowest was 20.39. And the median was 39.38.

FRA:N4Y's Days Payable is ranked worse than
50.58% of 344 companies
in the Aerospace & Defense industry
Industry Median: 65.76 vs FRA:N4Y: 64.94

Axelspace Holdings's Days Payable declined from May. 2025 (56.61) to May. 2026 (47.30). It may suggest that Axelspace Holdings accelerated paying its suppliers.


Axelspace Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Axelspace Holdings'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.

Axelspace Holdings Days Payable Chart

Axelspace Holdings Annual Data
Trend May23 May24 May25 May26
Days Payable
20.41 24.71 53.87 85.34

Axelspace Holdings Quarterly Data
May23 May24 Feb25 May25 Aug25 Nov25 Feb26 May26
Days Payable Get a 7-Day Free Trial 56.61 74.17 96.61 56.60 47.30

FRA:N4Y vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Axelspace Holdings'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.


Axelspace Holdings Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axelspace Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Axelspace Holdings's Days Payable falls into.


FRA:N4Y
18GF Score
Axelspace Holdings Corp FRA:N4Y
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axelspace Holdings 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.

Axelspace Holdings's Days Payable for the fiscal year that ended in May. 2026 is calculated as

Days Payable (A: May. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2025 ) + Accounts Payable (A: May. 2026 )) / count ) / Cost of Goods Sold (A: May. 2026 )*Days in Period
=( (1.249 + 3.081) / 2 ) / 9.26*365
=2.165 / 9.26*365
=85.34

Axelspace Holdings's Days Payable for the quarter that ended in May. 2026 is calculated as:

Days Payable (Q: May. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2026 ) + Accounts Payable (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (1.341 + 3.081) / 2 ) / 4.265*365 / 4
=2.211 / 4.265*365 / 4
=47.30

* 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 47.30 mean?
Axelspace Holdings (FRA:N4Y) has a Days Payable of 47.30 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Axelspace Holdings and its competitors. This is 20% above median its historical median of 39.38. Over the past decade, Axelspace Holdings' Days Payable has ranged from 20.39 to 82.48. According to the industry distribution chart, Axelspace Holdings ranks #174 out of 344 companies in the Aerospace & Defense industry, placing it in the top 50.6%.
Is Axelspace Holdings' Days Payable too high?
Axelspace Holdings' current Days Payable of 47.30 is 20% above median its 10-year median of 39.38. Over the past 10 years, this metric has ranged from a low of 20.39 to a high of 82.48. The Aerospace & Defense industry median Days Payable is 65.76. Axelspace Holdings' value of 47.30 is 28.1% below this industry median. Based on the distribution chart, Axelspace Holdings ranks #174 out of 344 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Axelspace Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Axelspace Holdings' Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Axelspace Holdings ranks #174 out of 344 companies for Days Payable. This places Axelspace Holdings in the lower half of its industry. The industry median Days Payable is 65.76. Axelspace Holdings' value of 47.30 is 28.1% below this benchmark. Historically, Axelspace Holdings' own Days Payable has ranged from 20.39 to 82.48 over the past decade. While the company's 10-year median is 39.38 vs. the industry median of 65.76, Axelspace Holdings 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.76, based on 344 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. Axelspace Holdings's current Days Payable of 47.30 is 28.1% 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 Axelspace Holdings and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axelspace Holdings's current Days Payable is 47.30, which is 20% above median its own 10-year median of 39.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axelspace Holdings stock overvalued right now?
Axelspace Holdings (FRA:N4Y) has a current Days Payable of 47.30. The current Days Payable is 47.30, which is 20% above median its 10-year median of 39.38 and 28.1% below the Aerospace & Defense industry median of 65.76. Axelspace Holdings' overall GF Score™ is 18/100 with 4 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 Axelspace Holdings (FRA:N4Y), the current Days Payable is 47.30 as of May. 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.

Axelspace Holdings Business Description

Other Exchanges 402A:Japan
Address 3-3-3 Nihombashi-Hon-cho, Clip Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0023
Axelspace Holdings Corp is engaged in Providing a one-stop service for microsatellites through AxelLiner, and offering the Earth observation platform AxelGlobe. The company handles the design, manufacturing, launch arrangement, and post-launch operation support for microsatellites and related components and offers satellite solutions.
18GF Score

Get the complete analysis for FRA:N4Y

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

€2.67
Price