Hoevelrat Holding AG (HAM:C9T) Days Payable: 3.16 (As of Dec. 2024) — 64% Below Median


HAM:C9T Hoevelrat Holding AG HAM:C9T
65 GF Score
Price €6.60
GF Value €22.82
Valuation Possible Value Trap
! 1 Warning Sign
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What is Hoevelrat Holding AG Days Payable?

Hoevelrat Holding AG HAM:C9T 65 Days Payable is 3.16 as of Dec. 2024, which is 64% below its 10-year median of 8.80. GuruFocus rates HAM:C9T with a GF Score™ of 65/100 and a GF Value™ of €22.82 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 482 Asset Management companies, Hoevelrat Holding AG ranks worse than 96.06% on this metric.

Hoevelrat Holding AG's average Accounts Payable for the six months ended in Dec. 2024 was €0.01 Mil. Hoevelrat Holding AG's Cost of Goods Sold for the six months ended in Dec. 2024 was €1.10 Mil. Hence, Hoevelrat Holding AG's Days Payable for the six months ended in Dec. 2024 was 1.58.

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

HAM:C9T' s Days Payable Range Over the Past 10 Years
Min: 3.16   Med: 8.8   Max: 18.88
Current: 3.16

During the past 9 years, Hoevelrat Holding AG's highest Days Payable was 18.88. The lowest was 3.16. And the median was 8.80.

HAM:C9T's Days Payable is ranked worse than
96.06% of 482 companies
in the Asset Management industry
Industry Median: 70.53 vs HAM:C9T: 3.16

Hoevelrat Holding AG's Days Payable declined from Dec. 2022 (8.39) to Dec. 2024 (3.16). It may suggest that Hoevelrat Holding AG accelerated paying its suppliers.


Hoevelrat Holding AG Days Payable Historical Data

* Premium members only.

The historical data trend for Hoevelrat Holding 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.

Hoevelrat Holding AG Days Payable Chart

Hoevelrat Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only 9.20 3.84 8.39 4.23 3.16

Hoevelrat Holding AG Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only 9.20 3.84 8.39 4.23 3.16

HAM:C9T vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Hoevelrat Holding 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.


Hoevelrat Holding AG Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Hoevelrat Holding AG's Days Payable distribution charts can be found below:

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


HAM:C9T
65GF Score
Hoevelrat Holding AG HAM:C9T
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoevelrat Holding 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.

Hoevelrat Holding AG's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.002 + 0.017) / 2 ) / 1.098*365
=0.0095 / 1.098*365
=3.16

Hoevelrat Holding AG's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0.002 + 0.017) / 2 ) / 1.098*365 / 2
=0.0095 / 1.098*365 / 2
=1.58

* 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 3.16 mean?
Hoevelrat Holding AG (HAM:C9T) has a Days Payable of 3.16 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hoevelrat Holding AG and its competitors. This is 64% below median its historical median of 8.80. Over the past decade, Hoevelrat Holding AG's Days Payable has ranged from 3.16 to 18.88. According to the industry distribution chart, Hoevelrat Holding AG ranks #463 out of 482 companies in the Asset Management industry, placing it in the top 96.1%.
Is Hoevelrat Holding AG's Days Payable too high?
Hoevelrat Holding AG's current Days Payable of 3.16 is 64% below median its 10-year median of 8.80. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 18.88. The Asset Management industry median Days Payable is 70.53. Hoevelrat Holding AG's value of 3.16 is 95.5% below this industry median. Based on the distribution chart, Hoevelrat Holding AG ranks #463 out of 482 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Hoevelrat Holding AG has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hoevelrat Holding AG's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Hoevelrat Holding AG ranks #463 out of 482 companies for Days Payable. This places Hoevelrat Holding AG in the lower half of its industry. The industry median Days Payable is 70.53. Hoevelrat Holding AG's value of 3.16 is 95.5% below this benchmark. Historically, Hoevelrat Holding AG's own Days Payable has ranged from 3.16 to 18.88 over the past decade. While the company's 10-year median is 8.80 vs. the industry median of 70.53, Hoevelrat Holding AG 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.53, based on 482 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. Hoevelrat Holding AG's current Days Payable of 3.16 is 95.5% 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 Hoevelrat Holding AG and its competitors. For the Asset Management industry, the median Days Payable is 70.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoevelrat Holding AG's current Days Payable is 3.16, which is 64% below median its own 10-year median of 8.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoevelrat Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Hoevelrat Holding AG (HAM:C9T) is currently considered Possible Value Trap. The stock's GF Value™ is €22.82, compared to a current price of €6.60 — trading 71.1% below its estimated fair value. The current Days Payable is 3.16, which is 64% below median its 10-year median of 8.80 and 95.5% below the Asset Management industry median of 70.53. Hoevelrat Holding AG's overall GF Score™ is 65/100 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 Hoevelrat Holding AG (HAM:C9T), the current Days Payable is 3.16 as of Dec. 2024. 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 Hoevelrat Holding AG (HAM:C9T) Overvalued in 2026?

Based on GuruFocus' analysis, Hoevelrat Holding AG stock appears to be undervalued. The current stock price of €6.60 is trading 71.1% below its estimated GF Value™ of €22.82. GuruFocus considers Hoevelrat Holding AG to be Possible Value Trap.

Key valuation signals for HAM:C9T:

  • Days Payable: 3.16 (64% below median its 10-year median of 8.80)
  • GF Value™: €22.82 vs. price of €6.60 (71.1% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 95.5% below the Asset Management median (#463 of 482)

No single metric tells the full story. See the HAM:C9T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoevelrat Holding AG Business Description

Address Valentinskamp 90, Hamburg, DEU, 20355
Hoevelrat Holding AG is an independent asset manager. It is engaged in offering financial services. The firm provides various services such as research, marketing, controlling, distribution, staff, and sustainability.
65GF Score

Get the complete analysis for HAM:C9T

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

€6.60
Price
€22.82
GF Value