Birkenstock Holding (HAM:7PV) Days Payable: 41.31 (As of Mar. 2026) — Near Median


HAM:7PV Birkenstock Holding PLC HAM:7PV
65 GF Score
Price €38.65
GF Value €59.30
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Birkenstock Holding Days Payable?

Birkenstock Holding HAM:7PV +3.34% 65 Days Payable is 41.31 as of Mar. 2026, which is 9% above its 10-year median of 37.82. GuruFocus rates HAM:7PV with a GF Score™ of 65/100 and a GF Value™ of €59.30 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Birkenstock Holding ranks worse than 56.2% on this metric.

Birkenstock Holding's average Accounts Payable for the three months ended in Mar. 2026 was €129 Mil. Birkenstock Holding's Cost of Goods Sold for the three months ended in Mar. 2026 was €285 Mil. Hence, Birkenstock Holding's Days Payable for the three months ended in Mar. 2026 was 41.31.

The historical rank and industry rank for Birkenstock Holding's Days Payable or its related term are showing as below:

HAM:7PV' s Days Payable Range Over the Past 10 Years
Min: 16.78   Med: 37.82   Max: 50.44
Current: 47.44

During the past 6 years, Birkenstock Holding's highest Days Payable was 50.44. The lowest was 16.78. And the median was 37.82.

HAM:7PV's Days Payable is ranked worse than
56.2% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs HAM:7PV: 47.44

Birkenstock Holding's Days Payable declined from Mar. 2025 (46.13) to Mar. 2026 (41.31). It may suggest that Birkenstock Holding accelerated paying its suppliers.


Birkenstock Holding Days Payable Historical Data

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The historical data trend for Birkenstock Holding'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.

Birkenstock Holding Days Payable Chart

Birkenstock Holding Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial 38.54 45.81 44.13 37.83 31.24

Birkenstock Holding Quarterly Data
Sep20 Sep21 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 46.13 52.06 47.60 48.17 41.31

HAM:7PV vs CROX, ONON, SHOO: Days Payable Comparison

For the Footwear & Accessories subindustry, Birkenstock Holding'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.


Birkenstock Holding Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Birkenstock Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Birkenstock Holding's Days Payable falls into.


HAM:7PV
65GF Score
Birkenstock Holding PLC HAM:7PV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Birkenstock Holding 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.

Birkenstock Holding's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (74.68 + 72.12) / 2 ) / 857.723*365
=73.4 / 857.723*365
=31.24

Birkenstock Holding'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
=( (115.75 + 142.122) / 2 ) / 284.78*365 / 4
=128.936 / 284.78*365 / 4
=41.31

* 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 41.31 mean?
Birkenstock Holding (HAM:7PV) has a Days Payable of 41.31 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 Birkenstock Holding and its competitors. This is near median its historical median of 37.82. Over the past decade, Birkenstock Holding's Days Payable has ranged from 16.78 to 50.44. According to the industry distribution chart, Birkenstock Holding ranks #571 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.2%.
Is Birkenstock Holding's Days Payable too high?
Birkenstock Holding's current Days Payable of 41.31 is near median its 10-year median of 37.82. Over the past 10 years, this metric has ranged from a low of 16.78 to a high of 50.44. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Birkenstock Holding's value of 41.31 is 23.6% below this industry median. Based on the distribution chart, Birkenstock Holding ranks #571 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Birkenstock Holding has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Birkenstock Holding's Days Payable compare to CROX and ONON?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Birkenstock Holding ranks #571 out of 1016 companies for Days Payable. This places Birkenstock Holding in the lower half of its industry. The industry median Days Payable is 54.05. Birkenstock Holding's value of 41.31 is 23.6% below this benchmark. Historically, Birkenstock Holding's own Days Payable has ranged from 16.78 to 50.44 over the past decade. While the company's 10-year median is 37.82 vs. the industry median of 54.05, Birkenstock Holding 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,016 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. Birkenstock Holding's current Days Payable of 41.31 is 23.6% 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 Birkenstock Holding and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birkenstock Holding's current Days Payable is 41.31, which is near median its own 10-year median of 37.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birkenstock Holding stock overvalued right now?
Based on GuruFocus' analysis, Birkenstock Holding (HAM:7PV) is currently considered Significantly Undervalued. The stock's GF Value™ is €59.30, compared to a current price of €38.65 — trading 34.8% below its estimated fair value. The current Days Payable is 41.31, which is near median its 10-year median of 37.82 and 23.6% below the Manufacturing - Apparel & Accessories industry median of 54.05. Birkenstock Holding's overall GF Score™ is 65/100 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 Birkenstock Holding (HAM:7PV), the current Days Payable is 41.31 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 Birkenstock Holding (HAM:7PV) Overvalued in 2026?

Based on GuruFocus' analysis, Birkenstock Holding stock appears to be undervalued. The current stock price of €38.65 is trading 34.8% below its estimated GF Value™ of €59.30. GuruFocus considers Birkenstock Holding to be Significantly Undervalued.

Key valuation signals for HAM:7PV:

  • Days Payable: 41.31 (near median its 10-year median of 37.82)
  • GF Value™: €59.30 vs. price of €38.65 (34.8% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 23.6% below the Manufacturing - Apparel & Accessories median (#571 of 1016)

No single metric tells the full story. See the HAM:7PV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Birkenstock Holding Business Description

Address 1-2 Berkeley Square, London, GBR, W1J 6EA
Birkenstock is a German footwear brand known for comfort-focused, timeless designs, with 76% of 2022 sales coming from its top five iconic models. Products are made in Europe using sustainable, mostly locally sourced materials. The brand combines orthopedic function with everyday style, appealing to a broad audience. The Americas account for 52% of sales, EMEA 37%, with the remainder coming from Asia-Pacific, which has also the higher future growth expectations.
65GF Score

Get the complete analysis for HAM:7PV

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

€38.65
Price
€59.30
GF Value