Solar ASFRA:ZVR -2.25%66 Days Payable is 71.19 as of Mar. 2026, which is 1% below its 10-year median of 71.78. GuruFocus rates FRA:ZVR with a GF Score™ of 66/100 and a GF Value™ of €38.35 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,441 Hardware companies, Solar AS ranks better than 52.03% on this metric.
Solar AS's average Accounts Payable for the
three
months ended in Mar. 2026 was €278 Mil. Solar AS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €356 Mil.
Hence, Solar AS's Days Payable for the
three
months ended in Mar. 2026 was 71.19.
The historical rank and industry rank for Solar AS's Days Payable or its related term are showing as below:
FRA:ZVR'
s Days Payable Range Over the Past 10 Years
Min: 66.34 Med: 71.78 Max: 76.93
Current: 72.23
During the past 13 years, Solar AS's highest Days Payable was 76.93. The lowest was 66.34. And the median was 71.78.
FRA:ZVR's Days Payable is ranked better than 52.03% of 2441
companies
in the Hardware industry
Industry Median: 69.99
vs FRA:ZVR: 72.23
Solar AS's Days Payable
increased
from Mar. 2025 (69.16) to Mar. 2026 (71.19).
It may suggest that Solar ASdelayed paying its suppliers.
Solar AS Days Payable Related Terms
Solar AS Days Payable Historical Data
* Premium members only.
The historical data trend for Solar 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.
For the Electronics & Computer Distribution subindustry, Solar 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.
Solar AS Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Solar AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Solar 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.
Solar 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.
Solar AS (FRA:ZVR) has a Days Payable of 71.19 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 Solar AS and its competitors. This is near median its historical median of 71.78. Over the past decade, Solar AS's Days Payable has ranged from 66.34 to 76.93. According to the industry distribution chart, Solar AS ranks #1171 out of 2441 companies in the Hardware industry, placing it in the top 48%.
Is Solar AS's Days Payable too high?
Solar AS's current Days Payable of 71.19 is near median its 10-year median of 71.78. Over the past 10 years, this metric has ranged from a low of 66.34 to a high of 76.93. The Hardware industry median Days Payable is 69.99. Solar AS's value of 71.19 is 1.7% above this industry median. Based on the distribution chart, Solar AS ranks #1171 out of 2441 companies in the Hardware industry, which is above the industry midpoint. Overall, Solar AS has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solar AS's Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Solar AS ranks #1171 out of 2441 companies for Days Payable. This puts Solar AS in the upper half of its industry. The industry median Days Payable is 69.99. Solar AS's value of 71.19 is 1.7% above this benchmark. Historically, Solar AS's own Days Payable has ranged from 66.34 to 76.93 over the past decade. While the company's 10-year median is 71.78 vs. the industry median of 69.99, Solar AS 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 Hardware company?
The median Days Payable among Hardware companies is 69.99, based on 2,441 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. Solar AS's current Days Payable of 71.19 is 1.7% 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 Solar AS and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar AS's current Days Payable is 71.19, which is near median its own 10-year median of 71.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar AS stock overvalued right now?
Based on GuruFocus' analysis, Solar AS (FRA:ZVR) is currently considered Possible Value Trap. The stock's GF Value™ is €38.35, compared to a current price of €23.90 — trading 37.7% below its estimated fair value. The current Days Payable is 71.19, which is near median its 10-year median of 71.78 and 1.7% above the Hardware industry median of 69.99. Solar AS's overall GF Score™ is 66/100 with 8 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 Solar AS (FRA:ZVR), the current Days Payable is 71.19 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 Solar AS (FRA:ZVR) Overvalued in 2026?
Based on GuruFocus' analysis, Solar AS stock appears to be undervalued.
The current stock price of €23.90 is trading 37.7% below its estimated GF Value™ of €38.35.
GuruFocus considers Solar AS to be Possible Value Trap.
Key valuation signals for FRA:ZVR:
Days Payable: 71.19 (near median its 10-year median of 71.78)
GF Value™: €38.35 vs. price of €23.90 (37.7% below fair value)
Industry Position: 1.7% above the Hardware median (#1171 of 2441)
No single metric tells the full story. See the FRA:ZVR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.
66GF Score
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