Corticeira Amorim SGPS (HAM:AS4) Days Payable: 98.36 (As of Mar. 2026) — 21% Below Median


HAM:AS4 Corticeira Amorim SGPS SA HAM:AS4
61 GF Score
Price €6.25
GF Value €7.29
! 5 Warning Signs
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What is Corticeira Amorim SGPS Days Payable?

Corticeira Amorim SGPS HAM:AS4 -0.48% 61 Days Payable is 98.36 as of Mar. 2026, which is 21% below its 10-year median of 123.77. GuruFocus rates HAM:AS4 with a GF Score™ of 61/100 and a GF Value™ of €7.29. The stock has 5 warning signs investors should review. Among 276 Forest Products companies, Corticeira Amorim SGPS ranks better than 77.9% on this metric.

Corticeira Amorim SGPS's average Accounts Payable for the three months ended in Mar. 2026 was €102.5 Mil. Corticeira Amorim SGPS's Cost of Goods Sold for the three months ended in Mar. 2026 was €95.1 Mil. Hence, Corticeira Amorim SGPS's Days Payable for the three months ended in Mar. 2026 was 98.36.

The historical rank and industry rank for Corticeira Amorim SGPS's Days Payable or its related term are showing as below:

HAM:AS4' s Days Payable Range Over the Past 10 Years
Min: 102.46   Med: 123.77   Max: 152.15
Current: 102.46

During the past 13 years, Corticeira Amorim SGPS's highest Days Payable was 152.15. The lowest was 102.46. And the median was 123.77.

HAM:AS4's Days Payable is ranked better than
77.9% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs HAM:AS4: 102.46

Corticeira Amorim SGPS's Days Payable increased from Mar. 2025 (92.87) to Mar. 2026 (98.36). It may suggest that Corticeira Amorim SGPS delayed paying its suppliers.


Corticeira Amorim SGPS Days Payable Historical Data

* Premium members only.

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS Days Payable Chart

Corticeira Amorim SGPS 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 117.30 121.53 125.87 111.76 102.84

Corticeira Amorim SGPS 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 92.87 79.39 113.10 137.57 98.36

HAM:AS4 vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.


Corticeira Amorim SGPS Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's Days Payable distribution charts can be found below:

* The bar in red indicates where Corticeira Amorim SGPS's Days Payable falls into.


HAM:AS4
61GF Score
Corticeira Amorim SGPS SA HAM:AS4
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS'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
=( (112.159 + 107.945) / 2 ) / 390.596*365
=110.052 / 390.596*365
=102.84

Corticeira Amorim SGPS'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
=( (107.945 + 97.102) / 2 ) / 95.112*365 / 4
=102.5235 / 95.112*365 / 4
=98.36

* 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 98.36 mean?
Corticeira Amorim SGPS (HAM:AS4) has a Days Payable of 98.36 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 Corticeira Amorim SGPS and its competitors. This is 21% below median its historical median of 123.77. Over the past decade, Corticeira Amorim SGPS's Days Payable has ranged from 102.46 to 152.15. According to the industry distribution chart, Corticeira Amorim SGPS ranks #61 out of 276 companies in the Forest Products industry, placing it in the top 22.1%.
Is Corticeira Amorim SGPS's Days Payable too high?
Corticeira Amorim SGPS's current Days Payable of 98.36 is 21% below median its 10-year median of 123.77. Over the past 10 years, this metric has ranged from a low of 102.46 to a high of 152.15. The Forest Products industry median Days Payable is 57.93. Corticeira Amorim SGPS's value of 98.36 is 69.8% above this industry median. Based on the distribution chart, Corticeira Amorim SGPS ranks #61 out of 276 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Corticeira Amorim SGPS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Corticeira Amorim SGPS's Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Corticeira Amorim SGPS ranks #61 out of 276 companies for Days Payable. This places Corticeira Amorim SGPS in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.93. Corticeira Amorim SGPS's value of 98.36 is 69.8% above this benchmark. Historically, Corticeira Amorim SGPS's own Days Payable has ranged from 102.46 to 152.15 over the past decade. While the company's 10-year median is 123.77 vs. the industry median of 57.93, Corticeira Amorim SGPS 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Corticeira Amorim SGPS's current Days Payable of 98.36 is 69.8% 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 Corticeira Amorim SGPS and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corticeira Amorim SGPS's current Days Payable is 98.36, which is 21% below median its own 10-year median of 123.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corticeira Amorim SGPS stock overvalued right now?
Corticeira Amorim SGPS (HAM:AS4) has a current Days Payable of 98.36. The stock's GF Value™ is €7.29, compared to a current price of €6.25 — trading 14.3% below its estimated fair value. The current Days Payable is 98.36, which is 21% below median its 10-year median of 123.77 and 69.8% above the Forest Products industry median of 57.93. Corticeira Amorim SGPS's overall GF Score™ is 61/100 with 5 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 Corticeira Amorim SGPS (HAM:AS4), the current Days Payable is 98.36 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 Corticeira Amorim SGPS (HAM:AS4) Overvalued in 2026?

Based on GuruFocus' analysis, Corticeira Amorim SGPS stock appears to be undervalued. The current stock price of €6.25 is trading 14.3% below its estimated GF Value™ of €7.29.

Key valuation signals for HAM:AS4:

  • Days Payable: 98.36 (21% below median its 10-year median of 123.77)
  • GF Value™: €7.29 vs. price of €6.25 (14.3% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 69.8% above the Forest Products median (#61 of 276)

No single metric tells the full story. See the HAM:AS4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corticeira Amorim SGPS Business Description

Address Rua Comendador Americo Ferreira Amorim, 380, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA is mainly engaged in the acquisition and transformation of cork into a numerous set of cork and cork-related products, which are distributed through its network of sales companies. Its business units are Amorim Florestal, Amorim Cork, and Amorim Cork Solutions. It derives the majority of the revenue from Amorim Cork segment which produces different types of existing cork stoppers. The main markets are the bottling countries, from the traditional ones like France, Italy, Germany, Spain and Portugal, to the new markets like USA, Australia, Chile, South Africa and Argentina. Geographically, its operations are spread across EU, USA, Rest of America, Australasia, Portugal, Africa, and Rest of Europe.
61GF Score

Get the complete analysis for HAM:AS4

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

€6.25
Price
€7.29
GF Value