Centrotherm international AG (HAM:CTNK) Days Payable: 41.14 (As of Dec. 2025) — 43% Below Median


HAM:CTNK Centrotherm international AG HAM:CTNK
63 GF Score
Price €9.50
GF Value €5.90
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Centrotherm international AG Days Payable?

Centrotherm international AG HAM:CTNK 63 Days Payable is 41.14 as of Dec. 2025, which is 43% below its 10-year median of 72.25. GuruFocus rates HAM:CTNK with a GF Score™ of 63/100 and a GF Value™ of €5.90 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 997 Semiconductors companies, Centrotherm international AG ranks worse than 68% on this metric.

Centrotherm international AG's average Accounts Payable for the six months ended in Dec. 2025 was €11.3 Mil. Centrotherm international AG's Cost of Goods Sold for the six months ended in Dec. 2025 was €50.0 Mil. Hence, Centrotherm international AG's Days Payable for the six months ended in Dec. 2025 was 41.14.

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

HAM:CTNK' s Days Payable Range Over the Past 10 Years
Min: 33.67   Med: 72.25   Max: 189.05
Current: 38.01

During the past 13 years, Centrotherm international AG's highest Days Payable was 189.05. The lowest was 33.67. And the median was 72.25.

HAM:CTNK's Days Payable is ranked worse than
68% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs HAM:CTNK: 38.01

Centrotherm international AG's Days Payable increased from Dec. 2024 (30.69) to Dec. 2025 (41.14). It may suggest that Centrotherm international AG delayed paying its suppliers.


Centrotherm international AG Days Payable Historical Data

* Premium members only.

The historical data trend for Centrotherm international 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.

Centrotherm international AG Days Payable Chart

Centrotherm international 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 72.08 45.90 86.75 45.82 33.67

Centrotherm international 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 74.74 286.74 30.69 39.32 41.14

HAM:CTNK vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Centrotherm international 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.


Centrotherm international AG Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Centrotherm international AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Centrotherm international AG's Days Payable falls into.


HAM:CTNK
63GF Score
Centrotherm international AG HAM:CTNK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Centrotherm international 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.

Centrotherm international 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
=( (10.706 + 8.936) / 2 ) / 106.476*365
=9.821 / 106.476*365
=33.67

Centrotherm international 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
=( (13.618 + 8.936) / 2 ) / 50.031*365 / 2
=11.277 / 50.031*365 / 2
=41.14

* 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 41.14 mean?
Centrotherm international AG (HAM:CTNK) has a Days Payable of 41.14 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 Centrotherm international AG and its competitors. This is 43% below median its historical median of 72.25. Over the past decade, Centrotherm international AG's Days Payable has ranged from 33.67 to 189.05. According to the industry distribution chart, Centrotherm international AG ranks #678 out of 997 companies in the Semiconductors industry, placing it in the top 68%.
Is Centrotherm international AG's Days Payable too high?
Centrotherm international AG's current Days Payable of 41.14 is 43% below median its 10-year median of 72.25. Over the past 10 years, this metric has ranged from a low of 33.67 to a high of 189.05. The Semiconductors industry median Days Payable is 53.06. Centrotherm international AG's value of 41.14 is 22.5% below this industry median. Based on the distribution chart, Centrotherm international AG ranks #678 out of 997 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Centrotherm international AG has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centrotherm international AG's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Centrotherm international AG ranks #678 out of 997 companies for Days Payable. This places Centrotherm international AG in the lower half of its industry. The industry median Days Payable is 53.06. Centrotherm international AG's value of 41.14 is 22.5% below this benchmark. Historically, Centrotherm international AG's own Days Payable has ranged from 33.67 to 189.05 over the past decade. While the company's 10-year median is 72.25 vs. the industry median of 53.06, Centrotherm international 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 a Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 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. Centrotherm international AG's current Days Payable of 41.14 is 22.5% 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 Centrotherm international AG and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centrotherm international AG's current Days Payable is 41.14, which is 43% below median its own 10-year median of 72.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centrotherm international AG stock overvalued right now?
Based on GuruFocus' analysis, Centrotherm international AG (HAM:CTNK) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.90, compared to a current price of €9.50 — trading 61% above its estimated fair value. The current Days Payable is 41.14, which is 43% below median its 10-year median of 72.25 and 22.5% below the Semiconductors industry median of 53.06. Centrotherm international AG's overall GF Score™ is 63/100 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 Centrotherm international AG (HAM:CTNK), the current Days Payable is 41.14 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 Centrotherm international AG (HAM:CTNK) Overvalued in 2026?

Based on GuruFocus' analysis, Centrotherm international AG stock appears to be overvalued. The current stock price of €9.50 is trading 61% above its estimated GF Value™ of €5.90. GuruFocus considers Centrotherm international AG to be Significantly Overvalued.

Key valuation signals for HAM:CTNK:

  • Days Payable: 41.14 (43% below median its 10-year median of 72.25)
  • GF Value™: €5.90 vs. price of €9.50 (61% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 22.5% below the Semiconductors median (#678 of 997)

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


Centrotherm international AG Business Description

Other Exchanges CTNK:Germany
Address Wurttemberger Strasse 31, Blaubeuren, DEU, 89143
Centrotherm international AG provides manufacturing solutions for the photovoltaic, semiconductor and microelectronics industry. The company operates in three segments: Silicon and Wafer, Solar Cell and Module (including Semiconductors and Microelectronics) and Thin Film Module. Silicon and Wafer segment offers planning, technology and engineering services for the design and process optimization of polysilicon, ingot and wafer manufacturing. Solar Cell and Module segment is engaged in the development and sales of production lines for the manufacture of crystalline solar cells, including engineering and technological process services. The Thin Film Module, the company provides development and sales of production lines for CIGS (Copper Indium Gallium Diselenide) thin film modules.
63GF Score

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

€9.50
Price
€5.90
GF Value