Piraeus Port Authority (FRA:PZE) Days Payable: 104.59 (As of Dec. 2025) — 177% Above Median


FRA:PZE Piraeus Port Authority SA FRA:PZE
87 GF Score
Price €45.25
GF Value €31.78
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Piraeus Port Authority Days Payable?

Piraeus Port Authority FRA:PZE +2.38% 87 Days Payable is 104.59 as of Dec. 2025, which is 177% above its 10-year median of 37.72. GuruFocus rates FRA:PZE with a GF Score™ of 87/100 and a GF Value™ of €31.78 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 968 Transportation companies, Piraeus Port Authority ranks better than 82.85% on this metric.

Piraeus Port Authority's average Accounts Payable for the six months ended in Dec. 2025 was €30.7 Mil. Piraeus Port Authority's Cost of Goods Sold for the six months ended in Dec. 2025 was €53.5 Mil. Hence, Piraeus Port Authority's Days Payable for the six months ended in Dec. 2025 was 104.59.

The historical rank and industry rank for Piraeus Port Authority's Days Payable or its related term are showing as below:

FRA:PZE' s Days Payable Range Over the Past 10 Years
Min: 13.85   Med: 37.72   Max: 113.03
Current: 104.8

During the past 13 years, Piraeus Port Authority's highest Days Payable was 113.03. The lowest was 13.85. And the median was 37.72.

FRA:PZE's Days Payable is ranked better than
82.85% of 968 companies
in the Transportation industry
Industry Median: 38.8 vs FRA:PZE: 104.80

Piraeus Port Authority's Days Payable increased from Dec. 2024 (80.38) to Dec. 2025 (104.59). It may suggest that Piraeus Port Authority delayed paying its suppliers.


Piraeus Port Authority Days Payable Historical Data

* Premium members only.

The historical data trend for Piraeus Port Authority'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.

Piraeus Port Authority Days Payable Chart

Piraeus Port Authority 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 37.81 40.60 43.62 74.09 113.03

Piraeus Port Authority 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 41.94 54.85 80.38 96.51 104.59

Piraeus Port Authority Days Payable Competitor Comparison

For the Marine Shipping subindustry, Piraeus Port Authority'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.


Piraeus Port Authority Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Piraeus Port Authority's Days Payable distribution charts can be found below:

* The bar in red indicates where Piraeus Port Authority's Days Payable falls into.


FRA:PZE
87GF Score
Piraeus Port Authority SA FRA:PZE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Piraeus Port Authority 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.

Piraeus Port Authority'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
=( (27.903 + 36.24) / 2 ) / 103.563*365
=32.0715 / 103.563*365
=113.03

Piraeus Port Authority'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
=( (25.062 + 36.24) / 2 ) / 53.483*365 / 2
=30.651 / 53.483*365 / 2
=104.59

* 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 104.59 mean?
Piraeus Port Authority (FRA:PZE) has a Days Payable of 104.59 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 Piraeus Port Authority and its competitors. This is 177% above median its historical median of 37.72. Over the past decade, Piraeus Port Authority's Days Payable has ranged from 13.85 to 113.03. According to the industry distribution chart, Piraeus Port Authority ranks #166 out of 968 companies in the Transportation industry, placing it in the top 17.1%.
Is Piraeus Port Authority's Days Payable too high?
Piraeus Port Authority's current Days Payable of 104.59 is 177% above median its 10-year median of 37.72. Over the past 10 years, this metric has ranged from a low of 13.85 to a high of 113.03. The Transportation industry median Days Payable is 38.80. Piraeus Port Authority's value of 104.59 is 169.6% above this industry median. Based on the distribution chart, Piraeus Port Authority ranks #166 out of 968 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Piraeus Port Authority has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piraeus Port Authority's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Piraeus Port Authority ranks #166 out of 968 companies for Days Payable. This places Piraeus Port Authority in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.80. Piraeus Port Authority's value of 104.59 is 169.6% above this benchmark. Historically, Piraeus Port Authority's own Days Payable has ranged from 13.85 to 113.03 over the past decade. While the company's 10-year median is 37.72 vs. the industry median of 38.80, Piraeus Port Authority 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 Transportation company?
The median Days Payable among Transportation companies is 38.80, based on 968 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. Piraeus Port Authority's current Days Payable of 104.59 is 169.6% 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 Piraeus Port Authority and its competitors. For the Transportation industry, the median Days Payable is 38.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piraeus Port Authority's current Days Payable is 104.59, which is 177% above median its own 10-year median of 37.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piraeus Port Authority stock overvalued right now?
Based on GuruFocus' analysis, Piraeus Port Authority (FRA:PZE) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.78, compared to a current price of €45.25 — trading 42.4% above its estimated fair value. The current Days Payable is 104.59, which is 177% above median its 10-year median of 37.72 and 169.6% above the Transportation industry median of 38.80. Piraeus Port Authority's overall GF Score™ is 87/100 with 2 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 Piraeus Port Authority (FRA:PZE), the current Days Payable is 104.59 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 Piraeus Port Authority (FRA:PZE) Overvalued in 2026?

Based on GuruFocus' analysis, Piraeus Port Authority stock appears to be overvalued. The current stock price of €45.25 is trading 42.4% above its estimated GF Value™ of €31.78. GuruFocus considers Piraeus Port Authority to be Significantly Overvalued.

Key valuation signals for FRA:PZE:

  • Days Payable: 104.59 (177% above median its 10-year median of 37.72)
  • GF Value™: €31.78 vs. price of €45.25 (42.4% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 169.6% above the Transportation median (#166 of 968)

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


Piraeus Port Authority Business Description

Other Exchanges PPA:Greece0FHO:UK
Address 10 Akti Miaouli Street, Piraeus, GRC, 18538
Piraeus Port Authority SA is engaged in the management and operation of Piraeus port. The main activities of the company are anchoring services of vessels, handling cargo, loading and unloading services as well as goods storage and car transportation. The company is also responsible for the maintenance of port facilities, the supply of port services (water, electricity, telephone connection, and supply), for services provided to travelers (coastal and cruise ships), and for renting space to third parties. Business operating segments of the company include Container Terminal, Car distribution, Coastal shipping, Concession of Piers II & III, Cruise, Ship repairing, and Other segments.
87GF Score

Get the complete analysis for FRA:PZE

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

€45.25
Price
€31.78
GF Value