HAL TrustHAM:HA4 +1.99%91 Days Payable is 55.55 as of Dec. 2025, which is 23% below its 10-year median of 72.25. GuruFocus rates HAM:HA4 with a GF Score™ of 91/100 and a GF Value™ of €128.29. The stock has 6 warning signs investors should review. Among 479 Asset Management companies, HAL Trust ranks worse than 60.33% on this metric.
HAL Trust's average Accounts Payable for the
six
months ended in Dec. 2025 was €1,032 Mil. HAL Trust's Cost of Goods Sold for the
six
months ended in Dec. 2025 was €3,391 Mil.
Hence, HAL Trust's Days Payable for the
six
months ended in Dec. 2025 was 55.55.
The historical rank and industry rank for HAL Trust's Days Payable or its related term are showing as below:
HAM:HA4'
s Days Payable Range Over the Past 10 Years
Min: 49.5 Med: 72.25 Max: 129.17
Current: 50.4
During the past 13 years, HAL Trust's highest Days Payable was 129.17. The lowest was 49.50. And the median was 72.25.
HAM:HA4's Days Payable is ranked worse than 60.33% of 479
companies
in the Asset Management industry
Industry Median: 70.69
vs HAM:HA4: 50.40
HAL Trust's Days Payable
increased
from Dec. 2024 (55.04) to Dec. 2025 (55.55).
It may suggest that HAL Trustdelayed paying its suppliers.
HAL Trust Days Payable Related Terms
HAL Trust Days Payable Historical Data
* Premium members only.
The historical data trend for HAL Trust'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.
For the Asset Management subindustry, HAL Trust'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.
HAL Trust Days Payable vs Asset Management Industry
For the Asset Management industry and Financial Services sector, HAL Trust's Days Payable distribution charts can be found below:
* The bar in red indicates where HAL Trust'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.
HAL Trust's Days Payable for the fiscal year that ended in Dec. 2025 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.
HAL Trust (HAM:HA4) has a Days Payable of 55.55 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 HAL Trust and its competitors. This is 23% below median its historical median of 72.25. Over the past decade, HAL Trust's Days Payable has ranged from 49.50 to 129.17. According to the industry distribution chart, HAL Trust ranks #289 out of 479 companies in the Asset Management industry, placing it in the top 60.3%.
Is HAL Trust's Days Payable too high?
HAL Trust's current Days Payable of 55.55 is 23% below median its 10-year median of 72.25. Over the past 10 years, this metric has ranged from a low of 49.50 to a high of 129.17. The Asset Management industry median Days Payable is 70.69. HAL Trust's value of 55.55 is 21.4% below this industry median. Based on the distribution chart, HAL Trust ranks #289 out of 479 companies in the Asset Management industry, which is below the industry midpoint. Overall, HAL Trust has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does HAL Trust's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, HAL Trust ranks #289 out of 479 companies for Days Payable. This places HAL Trust in the lower half of its industry. The industry median Days Payable is 70.69. HAL Trust's value of 55.55 is 21.4% below this benchmark. Historically, HAL Trust's own Days Payable has ranged from 49.50 to 129.17 over the past decade. While the company's 10-year median is 72.25 vs. the industry median of 70.69, HAL Trust 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 70.69, based on 479 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. HAL Trust's current Days Payable of 55.55 is 21.4% 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 HAL Trust and its competitors. For the Asset Management industry, the median Days Payable is 70.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HAL Trust's current Days Payable is 55.55, which is 23% 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 HAL Trust stock overvalued right now?
HAL Trust (HAM:HA4) has a current Days Payable of 55.55. The stock's GF Value™ is €128.29, compared to a current price of €164.40 — trading 28.1% above its estimated fair value. The current Days Payable is 55.55, which is 23% below median its 10-year median of 72.25 and 21.4% below the Asset Management industry median of 70.69. HAL Trust's overall GF Score™ is 91/100 with 6 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 HAL Trust (HAM:HA4), the current Days Payable is 55.55 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 HAL Trust (HAM:HA4) Overvalued in 2026?
Based on GuruFocus' analysis, HAL Trust stock appears to be overvalued.
The current stock price of €164.40 is trading 28.1% above its estimated GF Value™ of €128.29.
Key valuation signals for HAM:HA4:
Days Payable: 55.55 (23% below median its 10-year median of 72.25)
GF Value™: €128.29 vs. price of €164.40 (28.1% above fair value)
Industry Position: 21.4% below the Asset Management median (#289 of 479)
No single metric tells the full story. See the HAM:HA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HAL Trust is an investment company. The company's reportable segments include Unquoted, Quoted interests, Real estate, and Liquid portfolio. It generates majority of its revenue from the Quoted interests segment which comprises both the company's consolidated and unconsolidated interests in publicly traded entities that are not in scope of the Liquid portfolio segment. Geographically, the company operates in Europe, USA & Canada, Asia, and Other. It generates maximum revenue from Europe.
91GF Score
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