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Pferdewetten de AGHAM:EMH +1.75%65 Days Payable is 59.14 as of Sep. 2025, which is 87% below its 10-year median of 456.60. GuruFocus rates HAM:EMH with a GF Score™ of 65/100 and a GF Value™ of €32.87 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 779 Travel & Leisure companies, Pferdewetten de AG ranks better than 83.06% on this metric.
The historical rank and industry rank for Pferdewetten de AG's Days Payable or its related term are showing as below:
HAM:EMH'
s Days Payable Range Over the Past 10 Years
Min: 0.32 Med: 456.6 Max: 861.12
Current: 179.76
During the past 13 years, Pferdewetten de AG's highest Days Payable was 861.12. The lowest was 0.32. And the median was 456.60.
HAM:EMH's Days Payable is ranked better than 83.06% of 779
companies
in the Travel & Leisure industry
Industry Median: 56.99
vs HAM:EMH: 179.76
Pferdewetten de AG's Days Payable
declined
from Jun. 2024 (2,534.96) to Sep. 2025 (59.14).
It may suggest that Pferdewetten de AGaccelerated paying its suppliers.
Pferdewetten de AG Days Payable Related Terms
Pferdewetten de AG Days Payable Historical Data
* Premium members only.
The historical data trend for Pferdewetten de 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.
HAM:EMH vs FLUT, DKNG, SGHC: Days Payable Comparison
For the Gambling subindustry, Pferdewetten de 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.
Pferdewetten de AG Days Payable vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Pferdewetten de AG's Days Payable distribution charts can be found below:
* The bar in red indicates where Pferdewetten de AG'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.
Pferdewetten de AG's Days Payable for the fiscal year that ended in Dec. 2024 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.
Pferdewetten de AG (HAM:EMH) has a Days Payable of 59.14 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pferdewetten de AG and its competitors. This is 87% below median its historical median of 456.60. Over the past decade, Pferdewetten de AG's Days Payable has ranged from 0.32 to 861.12. According to the industry distribution chart, Pferdewetten de AG ranks #132 out of 779 companies in the Travel & Leisure industry, placing it in the top 16.9%.
Is Pferdewetten de AG's Days Payable too high?
Pferdewetten de AG's current Days Payable of 59.14 is 87% below median its 10-year median of 456.60. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 861.12. The Travel & Leisure industry median Days Payable is 56.99. Pferdewetten de AG's value of 59.14 is 3.8% above this industry median. Based on the distribution chart, Pferdewetten de AG ranks #132 out of 779 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Pferdewetten de 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 Pferdewetten de AG's Days Payable compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Pferdewetten de AG ranks #132 out of 779 companies for Days Payable. This places Pferdewetten de AG in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.99. Pferdewetten de AG's value of 59.14 is 3.8% above this benchmark. Historically, Pferdewetten de AG's own Days Payable has ranged from 0.32 to 861.12 over the past decade. While the company's 10-year median is 456.60 vs. the industry median of 56.99, Pferdewetten de AG 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.99, based on 779 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. Pferdewetten de AG's current Days Payable of 59.14 is 3.8% 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 Pferdewetten de AG and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pferdewetten de AG's current Days Payable is 59.14, which is 87% below median its own 10-year median of 456.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pferdewetten de AG stock overvalued right now?
Based on GuruFocus' analysis, Pferdewetten de AG (HAM:EMH) is currently considered Possible Value Trap. The stock's GF Value™ is €32.87, compared to a current price of €2.32 — trading 92.9% below its estimated fair value. The current Days Payable is 59.14, which is 87% below median its 10-year median of 456.60 and 3.8% above the Travel & Leisure industry median of 56.99. Pferdewetten de AG's overall GF Score™ is 65/100 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 Pferdewetten de AG (HAM:EMH), the current Days Payable is 59.14 as of Sep. 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 Pferdewetten de AG (HAM:EMH) Overvalued in 2026?
Based on GuruFocus' analysis, Pferdewetten de AG stock appears to be undervalued.
The current stock price of €2.32 is trading 92.9% below its estimated GF Value™ of €32.87.
GuruFocus considers Pferdewetten de AG to be Possible Value Trap.
Key valuation signals for HAM:EMH:
Days Payable: 59.14 (87% below median its 10-year median of 456.60)
GF Value™: €32.87 vs. price of €2.32 (92.9% below fair value)
Industry Position: 3.8% above the Travel & Leisure median (#132 of 779)
No single metric tells the full story. See the HAM:EMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.
65GF Score
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