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.
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.
Movinn ASFRA:TZ9 45 Days Payable is 2.56 as of Mar. 2026, which is 61% below its 10-year median of 6.55. GuruFocus rates FRA:TZ9 with a GF Score™ of 45/100 and a GF Value™ of €0.33 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,570 Real Estate companies, Movinn AS ranks worse than 97.64% on this metric.
Movinn AS's average Accounts Payable for the
three
months ended in Mar. 2026 was €0.07 Mil. Movinn AS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €2.37 Mil.
Hence, Movinn AS's Days Payable for the
three
months ended in Mar. 2026 was 2.56.
The historical rank and industry rank for Movinn AS's Days Payable or its related term are showing as below:
FRA:TZ9'
s Days Payable Range Over the Past 10 Years
Min: 3 Med: 6.55 Max: 8.5
Current: 3.21
During the past 7 years, Movinn AS's highest Days Payable was 8.50. The lowest was 3.00. And the median was 6.55.
FRA:TZ9's Days Payable is ranked worse than 97.64% of 1570
companies
in the Real Estate industry
Industry Median: 92.92
vs FRA:TZ9: 3.21
Movinn AS's Days Payable
declined
from Mar. 2025 (3.79) to Mar. 2026 (2.56).
It may suggest that Movinn ASaccelerated paying its suppliers.
The historical data trend for Movinn 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.
FRA:TZ9 vs CBRE, BEKE, JLL: Days Payable Comparison
For the Real Estate Services subindustry, Movinn 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.
Movinn AS Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Movinn AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Movinn 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.
Movinn 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.
Movinn AS (FRA:TZ9) has a Days Payable of 2.56 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 Movinn AS and its competitors. This is 61% below median its historical median of 6.55. Over the past decade, Movinn AS's Days Payable has ranged from 3.00 to 8.50. According to the industry distribution chart, Movinn AS ranks #1533 out of 1570 companies in the Real Estate industry, placing it in the top 97.6%.
Is Movinn AS's Days Payable too high?
Movinn AS's current Days Payable of 2.56 is 61% below median its 10-year median of 6.55. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.50. The Real Estate industry median Days Payable is 92.92. Movinn AS's value of 2.56 is 97.2% below this industry median. Based on the distribution chart, Movinn AS ranks #1533 out of 1570 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Movinn AS has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Movinn AS's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Movinn AS ranks #1533 out of 1570 companies for Days Payable. This places Movinn AS in the lower half of its industry. The industry median Days Payable is 92.92. Movinn AS's value of 2.56 is 97.2% below this benchmark. Historically, Movinn AS's own Days Payable has ranged from 3.00 to 8.50 over the past decade. While the company's 10-year median is 6.55 vs. the industry median of 92.92, Movinn 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 Real Estate company?
The median Days Payable among Real Estate companies is 92.92, based on 1,570 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. Movinn AS's current Days Payable of 2.56 is 97.2% 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 Movinn AS and its competitors. For the Real Estate industry, the median Days Payable is 92.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Movinn AS's current Days Payable is 2.56, which is 61% below median its own 10-year median of 6.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Movinn AS stock overvalued right now?
Based on GuruFocus' analysis, Movinn AS (FRA:TZ9) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.33, compared to a current price of €0.15 — trading 55.2% below its estimated fair value. The current Days Payable is 2.56, which is 61% below median its 10-year median of 6.55 and 97.2% below the Real Estate industry median of 92.92. Movinn AS's overall GF Score™ is 45/100 with 6 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 Movinn AS (FRA:TZ9), the current Days Payable is 2.56 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 Movinn AS (FRA:TZ9) Overvalued in 2026?
Based on GuruFocus' analysis, Movinn AS stock appears to be undervalued.
The current stock price of €0.15 is trading 55.2% below its estimated GF Value™ of €0.33.
GuruFocus considers Movinn AS to be Significantly Undervalued.
Key valuation signals for FRA:TZ9:
Days Payable: 2.56 (61% below median its 10-year median of 6.55)
GF Value™: €0.33 vs. price of €0.15 (55.2% below fair value)
Industry Position: 97.2% below the Real Estate median (#1533 of 1570)
No single metric tells the full story. See the FRA:TZ9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Movinn AS is a provider of fully serviced apartments, delivering space-as-a-service to mainly large domestic and international corporations and organizations. Its product portfolio predominantly includes Serviced Apartments, Hotels / aparthotels, and Coliving.
45GF Score
Get the complete analysis for FRA:TZ9
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:TZ9 has been successfully added to your 
