IRDEF (Iren SpA) Days Payable: 221.26 (As of Mar. 2026) — 37% Above Median


IRDEF Iren SpA IRDEF
76 GF Score
Price $2.61
GF Value $2.23
! 4 Warning Signs
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What is Iren SpA Days Payable?

Iren SpA IRDEF -20.91% 76 Days Payable is 221.26 as of Mar. 2026, which is 37% above its 10-year median of 161.25. GuruFocus rates IRDEF with a GF Score™ of 76/100 and a GF Value™ of $2.23. The stock has 4 warning signs investors should review. Among 481 Utilities - Regulated companies, Iren SpA ranks better than 80.67% on this metric.

Iren SpA's average Accounts Payable for the three months ended in Mar. 2026 was $1,997 Mil. Iren SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was $824 Mil. Hence, Iren SpA's Days Payable for the three months ended in Mar. 2026 was 221.26.

The historical rank and industry rank for Iren SpA's Days Payable or its related term are showing as below:

IRDEF' s Days Payable Range Over the Past 10 Years
Min: 118.72   Med: 161.25   Max: 180.71
Current: 173.28

During the past 13 years, Iren SpA's highest Days Payable was 180.71. The lowest was 118.72. And the median was 161.25.

IRDEF's Days Payable is ranked better than
80.67% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.61 vs IRDEF: 173.28

Iren SpA's Days Payable increased from Mar. 2025 (165.77) to Mar. 2026 (221.26). It may suggest that Iren SpA delayed paying its suppliers.


Iren SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Iren SpA'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.

Iren SpA Days Payable Chart

Iren SpA 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 161.22 122.00 170.74 184.26 156.91

Iren SpA 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 165.77 144.17 0.00 70.59 221.26

IRDEF vs SRE: Days Payable Comparison

For the Utilities - Diversified subindustry, Iren SpA'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.


Iren SpA Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Iren SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Iren SpA's Days Payable falls into.


IRDEF
76GF Score
Iren SpA IRDEF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Iren SpA 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.

Iren SpA'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
=( (1822.38 + 1900.603) / 2 ) / 4330.089*365
=1861.4915 / 4330.089*365
=156.91

Iren SpA'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
=( (1900.603 + 2093.41) / 2 ) / 823.592*365 / 4
=1997.0065 / 823.592*365 / 4
=221.26

* 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 221.26 mean?
Iren SpA (IRDEF) has a Days Payable of 221.26 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 Iren SpA and its competitors. This is 37% above median its historical median of 161.25. Over the past decade, Iren SpA's Days Payable has ranged from 118.72 to 180.71. According to the industry distribution chart, Iren SpA ranks #93 out of 481 companies in the Utilities - Regulated industry, placing it in the top 19.3%.
Is Iren SpA's Days Payable too high?
Iren SpA's current Days Payable of 221.26 is 37% above median its 10-year median of 161.25. Over the past 10 years, this metric has ranged from a low of 118.72 to a high of 180.71. The Utilities - Regulated industry median Days Payable is 70.61. Iren SpA's value of 221.26 is 213.4% above this industry median. Based on the distribution chart, Iren SpA ranks #93 out of 481 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Iren SpA has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Iren SpA's Days Payable compare to SRE?
According to the Utilities - Regulated industry distribution chart, Iren SpA ranks #93 out of 481 companies for Days Payable. This places Iren SpA in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.61. Iren SpA's value of 221.26 is 213.4% above this benchmark. Historically, Iren SpA's own Days Payable has ranged from 118.72 to 180.71 over the past decade. While the company's 10-year median is 161.25 vs. the industry median of 70.61, Iren SpA 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.61, based on 481 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. Iren SpA's current Days Payable of 221.26 is 213.4% 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 Iren SpA and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iren SpA's current Days Payable is 221.26, which is 37% above median its own 10-year median of 161.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iren SpA stock overvalued right now?
Iren SpA (IRDEF) has a current Days Payable of 221.26. The stock's GF Value™ is $2.23, compared to a current price of $2.61 — trading 17% above its estimated fair value. The current Days Payable is 221.26, which is 37% above median its 10-year median of 161.25 and 213.4% above the Utilities - Regulated industry median of 70.61. Iren SpA's overall GF Score™ is 76/100 with 4 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 Iren SpA (IRDEF), the current Days Payable is 221.26 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 Iren SpA (IRDEF) Overvalued in 2026?

Based on GuruFocus' analysis, Iren SpA stock appears to be overvalued. The current stock price of $2.61 is trading 17% above its estimated GF Value™ of $2.23.

Key valuation signals for IRDEF:

  • Days Payable: 221.26 (37% above median its 10-year median of 161.25)
  • GF Value™: $2.23 vs. price of $2.61 (17% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 213.4% above the Utilities - Regulated median (#93 of 481)

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


Iren SpA Business Description

Address Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.
76GF Score

Get the complete analysis for IRDEF

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

$2.61
Price
$2.23
GF Value