Shelly Group SE (FRA:SLYG) Days Payable: 64.75 (As of Mar. 2026) — 131% Above Median


FRA:SLYG Shelly Group SE FRA:SLYG
93 GF Score
Price €56.50
GF Value €66.08
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shelly Group SE Days Payable?

Shelly Group SE FRA:SLYG -3.09% 93 Days Payable is 64.75 as of Mar. 2026, which is 131% above its 10-year median of 28.06. GuruFocus rates FRA:SLYG with a GF Score™ of 93/100 and a GF Value™ of €66.08 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 507 Conglomerates companies, Shelly Group SE ranks worse than 74.56% on this metric.

Shelly Group SE's average Accounts Payable for the three months ended in Mar. 2026 was €9.2 Mil. Shelly Group SE's Cost of Goods Sold for the three months ended in Mar. 2026 was €13.0 Mil. Hence, Shelly Group SE's Days Payable for the three months ended in Mar. 2026 was 64.75.

The historical rank and industry rank for Shelly Group SE's Days Payable or its related term are showing as below:

FRA:SLYG' s Days Payable Range Over the Past 10 Years
Min: 10.3   Med: 28.06   Max: 98.85
Current: 35.48

During the past 9 years, Shelly Group SE's highest Days Payable was 98.85. The lowest was 10.30. And the median was 28.06.

FRA:SLYG's Days Payable is ranked worse than
74.56% of 507 companies
in the Conglomerates industry
Industry Median: 56 vs FRA:SLYG: 35.48

Shelly Group SE's Days Payable increased from Mar. 2025 (25.97) to Mar. 2026 (64.75). It may suggest that Shelly Group SE delayed paying its suppliers.


Shelly Group SE Days Payable Historical Data

* Premium members only.

The historical data trend for Shelly Group SE'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.

Shelly Group SE Days Payable Chart

Shelly Group SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 10.30 11.04 16.17 28.33 38.83

Shelly Group SE 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 25.97 25.18 36.66 25.80 64.75

FRA:SLYG vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Shelly Group SE'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.


Shelly Group SE Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shelly Group SE's Days Payable distribution charts can be found below:

* The bar in red indicates where Shelly Group SE's Days Payable falls into.


FRA:SLYG
93GF Score
Shelly Group SE FRA:SLYG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shelly Group SE 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.

Shelly Group SE'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
=( (4.784 + 8.623) / 2 ) / 63.017*365
=6.7035 / 63.017*365
=38.83

Shelly Group SE'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
=( (8.623 + 9.764) / 2 ) / 12.957*365 / 4
=9.1935 / 12.957*365 / 4
=64.75

* 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 64.75 mean?
Shelly Group SE (FRA:SLYG) has a Days Payable of 64.75 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 Shelly Group SE and its competitors. This is 131% above median its historical median of 28.06. Over the past decade, Shelly Group SE's Days Payable has ranged from 10.30 to 98.85. According to the industry distribution chart, Shelly Group SE ranks #378 out of 507 companies in the Conglomerates industry, placing it in the top 74.6%.
Is Shelly Group SE's Days Payable too high?
Shelly Group SE's current Days Payable of 64.75 is 131% above median its 10-year median of 28.06. Over the past 10 years, this metric has ranged from a low of 10.30 to a high of 98.85. The Conglomerates industry median Days Payable is 56.00. Shelly Group SE's value of 64.75 is 15.6% above this industry median. Based on the distribution chart, Shelly Group SE ranks #378 out of 507 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Shelly Group SE has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shelly Group SE's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shelly Group SE ranks #378 out of 507 companies for Days Payable. This places Shelly Group SE in the lower half of its industry. The industry median Days Payable is 56.00. Shelly Group SE's value of 64.75 is 15.6% above this benchmark. Historically, Shelly Group SE's own Days Payable has ranged from 10.30 to 98.85 over the past decade. While the company's 10-year median is 28.06 vs. the industry median of 56.00, Shelly Group SE 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.00, based on 507 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. Shelly Group SE's current Days Payable of 64.75 is 15.6% 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 Shelly Group SE and its competitors. For the Conglomerates industry, the median Days Payable is 56.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shelly Group SE's current Days Payable is 64.75, which is 131% above median its own 10-year median of 28.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shelly Group SE stock overvalued right now?
Based on GuruFocus' analysis, Shelly Group SE (FRA:SLYG) is currently considered Modestly Undervalued. The stock's GF Value™ is €66.08, compared to a current price of €56.50 — trading 14.5% below its estimated fair value. The current Days Payable is 64.75, which is 131% above median its 10-year median of 28.06 and 15.6% above the Conglomerates industry median of 56.00. Shelly Group SE's overall GF Score™ is 93/100 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 Shelly Group SE (FRA:SLYG), the current Days Payable is 64.75 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 Shelly Group SE (FRA:SLYG) Overvalued in 2026?

Based on GuruFocus' analysis, Shelly Group SE stock appears to be undervalued. The current stock price of €56.50 is trading 14.5% below its estimated GF Value™ of €66.08. GuruFocus considers Shelly Group SE to be Modestly Undervalued.

Key valuation signals for FRA:SLYG:

  • Days Payable: 64.75 (131% above median its 10-year median of 28.06)
  • GF Value™: €66.08 vs. price of €56.50 (14.5% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 15.6% above the Conglomerates median (#378 of 507)

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


Shelly Group SE Business Description

Address 51 Cherni Vrah Boulevard, Building 3, floor 2 and 3, Capital Municipality, Lozenets Region, Sofia, BGR, 1407
Shelly Group SE is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. The company delivers innovation through designing, producing, and distributing high-quality IoT products. The group manages the business with electronic devices as one operating segment. It derives the majority of its revenue from the sale of smart devices.
93GF Score

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

€56.50
Price
€66.08
GF Value