Valora Effekten Handel AG (FRA:VEH) Days Payable: 94.81 (As of Dec. 2025) — 75% Above Median


FRA:VEH Valora Effekten Handel AG FRA:VEH
57 GF Score
Price €0.96
GF Value €1.87
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Valora Effekten Handel AG Days Payable?

Valora Effekten Handel AG FRA:VEH 57 Days Payable is 94.81 as of Dec. 2025, which is 75% above its 10-year median of 54.14. GuruFocus rates FRA:VEH with a GF Score™ of 57/100 and a GF Value™ of €1.87 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 538 Capital Markets companies, Valora Effekten Handel AG ranks better than 54.83% on this metric.

Valora Effekten Handel AG's average Accounts Payable for the six months ended in Dec. 2025 was €0.27 Mil. Valora Effekten Handel AG's Cost of Goods Sold for the six months ended in Dec. 2025 was €0.51 Mil. Hence, Valora Effekten Handel AG's Days Payable for the six months ended in Dec. 2025 was 94.81.

The historical rank and industry rank for Valora Effekten Handel AG's Days Payable or its related term are showing as below:

FRA:VEH' s Days Payable Range Over the Past 10 Years
Min: 29.83   Med: 54.14   Max: 127.8
Current: 127.8

During the past 13 years, Valora Effekten Handel AG's highest Days Payable was 127.80. The lowest was 29.83. And the median was 54.14.

FRA:VEH's Days Payable is ranked better than
54.83% of 538 companies
in the Capital Markets industry
Industry Median: 90.065 vs FRA:VEH: 127.80

Valora Effekten Handel AG's Days Payable increased from Dec. 2024 (24.06) to Dec. 2025 (94.81). It may suggest that Valora Effekten Handel AG delayed paying its suppliers.


Valora Effekten Handel AG Days Payable Historical Data

* Premium members only.

The historical data trend for Valora Effekten Handel AG'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.

Valora Effekten Handel AG Days Payable Chart

Valora Effekten Handel AG 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 75.82 38.81 39.41 29.83 61.57

Valora Effekten Handel AG 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 23.79 45.96 24.06 707.92 94.81

FRA:VEH vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Valora Effekten Handel AG'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.


Valora Effekten Handel AG Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Valora Effekten Handel AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Valora Effekten Handel AG's Days Payable falls into.


FRA:VEH
57GF Score
Valora Effekten Handel AG FRA:VEH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Valora Effekten Handel AG 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.

Valora Effekten Handel AG'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
=( (0.071 + 0.123) / 2 ) / 0.575*365
=0.097 / 0.575*365
=61.57

Valora Effekten Handel AG'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
=( (0.41 + 0.123) / 2 ) / 0.513*365 / 2
=0.2665 / 0.513*365 / 2
=94.81

* 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 94.81 mean?
Valora Effekten Handel AG (FRA:VEH) has a Days Payable of 94.81 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 Valora Effekten Handel AG and its competitors. This is 75% above median its historical median of 54.14. Over the past decade, Valora Effekten Handel AG's Days Payable has ranged from 29.83 to 127.80. According to the industry distribution chart, Valora Effekten Handel AG ranks #243 out of 538 companies in the Capital Markets industry, placing it in the top 45.2%.
Is Valora Effekten Handel AG's Days Payable too high?
Valora Effekten Handel AG's current Days Payable of 94.81 is 75% above median its 10-year median of 54.14. Over the past 10 years, this metric has ranged from a low of 29.83 to a high of 127.80. The Capital Markets industry median Days Payable is 90.07. Valora Effekten Handel AG's value of 94.81 is 5.3% above this industry median. Based on the distribution chart, Valora Effekten Handel AG ranks #243 out of 538 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Valora Effekten Handel AG has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Valora Effekten Handel AG's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Valora Effekten Handel AG ranks #243 out of 538 companies for Days Payable. This puts Valora Effekten Handel AG in the upper half of its industry. The industry median Days Payable is 90.07. Valora Effekten Handel AG's value of 94.81 is 5.3% above this benchmark. Historically, Valora Effekten Handel AG's own Days Payable has ranged from 29.83 to 127.80 over the past decade. While the company's 10-year median is 54.14 vs. the industry median of 90.07, Valora Effekten Handel AG 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 90.07, based on 538 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. Valora Effekten Handel AG's current Days Payable of 94.81 is 5.3% 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 Valora Effekten Handel AG and its competitors. For the Capital Markets industry, the median Days Payable is 90.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valora Effekten Handel AG's current Days Payable is 94.81, which is 75% above median its own 10-year median of 54.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valora Effekten Handel AG stock overvalued right now?
Based on GuruFocus' analysis, Valora Effekten Handel AG (FRA:VEH) is currently considered Significantly Undervalued. The stock's GF Value™ is €1.87, compared to a current price of €0.96 — trading 48.7% below its estimated fair value. The current Days Payable is 94.81, which is 75% above median its 10-year median of 54.14 and 5.3% above the Capital Markets industry median of 90.07. Valora Effekten Handel AG's overall GF Score™ is 57/100 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 Valora Effekten Handel AG (FRA:VEH), the current Days Payable is 94.81 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 Valora Effekten Handel AG (FRA:VEH) Overvalued in 2026?

Based on GuruFocus' analysis, Valora Effekten Handel AG stock appears to be undervalued. The current stock price of €0.96 is trading 48.7% below its estimated GF Value™ of €1.87. GuruFocus considers Valora Effekten Handel AG to be Significantly Undervalued.

Key valuation signals for FRA:VEH:

  • Days Payable: 94.81 (75% above median its 10-year median of 54.14)
  • GF Value™: €1.87 vs. price of €0.96 (48.7% below fair value)
  • GF Score™: 57/100 with 1 warning sign
  • Industry Position: 5.3% above the Capital Markets median (#243 of 538)

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


Valora Effekten Handel AG Business Description

Other Exchanges VEH:Germany
Address Am Hardtwald 7, Ettlingen, DEU, 76275
Valora Effekten Handel AG is a Germany based company. It operates in the financial services sector. It is engaged in the trading of non-listed shares and securities in Germany. It provides brokerage services for institutional investors, such as banks, stockbrokers, and other professional and private customers.
57GF Score

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

€0.96
Price
€1.87
GF Value