Grenergy Renovables (MEX:GRE N) Days Payable: 159.06 (As of Jun. 2025) — 77% Below Median


MEX:GRE N Grenergy Renovables SA MEX:GRE N
67 GF Score
Price MXN2,506.64
GF Value MXN3,535.31
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Grenergy Renovables Days Payable?

Grenergy Renovables MEX:GRE N 67 Days Payable is 159.06 as of Jun. 2025, which is 77% below its 10-year median of 693.95. GuruFocus rates MEX:GRE N with a GF Score™ of 67/100 and a GF Value™ of MXN3,535.31 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,715 Construction companies, Grenergy Renovables ranks better than 68.69% on this metric.

Grenergy Renovables's average Accounts Payable for the six months ended in Jun. 2025 was MXN4,601 Mil. Grenergy Renovables's Cost of Goods Sold for the six months ended in Jun. 2025 was MXN5,279 Mil. Hence, Grenergy Renovables's Days Payable for the six months ended in Jun. 2025 was 159.06.

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

MEX:GRE N' s Days Payable Range Over the Past 10 Years
Min: 116.79   Med: 693.95   Max: 4610.09
Current: 122.43

During the past 11 years, Grenergy Renovables's highest Days Payable was 4610.09. The lowest was 116.79. And the median was 693.95.

MEX:GRE N's Days Payable is ranked better than
68.69% of 1715 companies
in the Construction industry
Industry Median: 76.78 vs MEX:GRE N: 122.43

Grenergy Renovables's Days Payable declined from Jun. 2024 (247.24) to Jun. 2025 (159.06). It may suggest that Grenergy Renovables accelerated paying its suppliers.


Grenergy Renovables Days Payable Historical Data

* Premium members only.

The historical data trend for Grenergy Renovables'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.

Grenergy Renovables Days Payable Chart

Grenergy Renovables Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 280.41 790.15 799.45 1,039.44 151.26

Grenergy Renovables Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 846.11 1,285.64 247.24 93.99 159.06

MEX:GRE N vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Grenergy Renovables'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.


Grenergy Renovables Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Grenergy Renovables's Days Payable distribution charts can be found below:

* The bar in red indicates where Grenergy Renovables's Days Payable falls into.


MEX:GRE N
67GF Score
Grenergy Renovables SA MEX:GRE N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grenergy Renovables 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.

Grenergy Renovables'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
=( (1920.959 + 4224.644) / 2 ) / 7414.976*365
=3072.8015 / 7414.976*365
=151.26

Grenergy Renovables's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (4224.644 + 4976.751) / 2 ) / 5278.582*365 / 2
=4600.6975 / 5278.582*365 / 2
=159.06

* 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 159.06 mean?
Grenergy Renovables (MEX:GRE N) has a Days Payable of 159.06 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Grenergy Renovables and its competitors. This is 77% below median its historical median of 693.95. Over the past decade, Grenergy Renovables' Days Payable has ranged from 116.79 to 4,610.09. According to the industry distribution chart, Grenergy Renovables ranks #537 out of 1715 companies in the Construction industry, placing it in the top 31.3%.
Is Grenergy Renovables' Days Payable too high?
Grenergy Renovables' current Days Payable of 159.06 is 77% below median its 10-year median of 693.95. Over the past 10 years, this metric has ranged from a low of 116.79 to a high of 4,610.09. The Construction industry median Days Payable is 76.78. Grenergy Renovables' value of 159.06 is 107.2% above this industry median. Based on the distribution chart, Grenergy Renovables ranks #537 out of 1715 companies in the Construction industry, which is above the industry midpoint. Overall, Grenergy Renovables has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grenergy Renovables' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Grenergy Renovables ranks #537 out of 1715 companies for Days Payable. This puts Grenergy Renovables in the upper half of its industry. The industry median Days Payable is 76.78. Grenergy Renovables' value of 159.06 is 107.2% above this benchmark. Historically, Grenergy Renovables' own Days Payable has ranged from 116.79 to 4,610.09 over the past decade. While the company's 10-year median is 693.95 vs. the industry median of 76.78, Grenergy Renovables 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 Construction company?
The median Days Payable among Construction companies is 76.78, based on 1,715 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. Grenergy Renovables's current Days Payable of 159.06 is 107.2% 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 Grenergy Renovables and its competitors. For the Construction industry, the median Days Payable is 76.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grenergy Renovables's current Days Payable is 159.06, which is 77% below median its own 10-year median of 693.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grenergy Renovables stock overvalued right now?
Based on GuruFocus' analysis, Grenergy Renovables (MEX:GRE N) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,535.31, compared to a current price of MXN2,506.64 — trading 29.1% below its estimated fair value. The current Days Payable is 159.06, which is 77% below median its 10-year median of 693.95 and 107.2% above the Construction industry median of 76.78. Grenergy Renovables' overall GF Score™ is 67/100 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 Grenergy Renovables (MEX:GRE N), the current Days Payable is 159.06 as of Jun. 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 Grenergy Renovables (MEX:GRE N) Overvalued in 2026?

Based on GuruFocus' analysis, Grenergy Renovables stock appears to be undervalued. The current stock price of MXN2,506.64 is trading 29.1% below its estimated GF Value™ of MXN3,535.31. GuruFocus considers Grenergy Renovables to be Modestly Undervalued.

Key valuation signals for MEX:GRE N:

  • Days Payable: 159.06 (77% below median its 10-year median of 693.95)
  • GF Value™: MXN3,535.31 vs. price of MXN2,506.64 (29.1% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 107.2% above the Construction median (#537 of 1715)

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


Grenergy Renovables Business Description

Other Exchanges GREe:UKGRE:Spain5GR:Germany
Address Calle Rafael Boti, 26, Madrid, ESP, 28023
Grenergy Renovables SA is a Spanish Independent Power Producer (IPP) that designs, develops, and executes renewable energy plants on a large scale. Its services are divided into different activities including the promotion, commercialization, and construction of renewable energy installations, the production and commercialization of electric energy as well as any complementary activities, and the management and operation of renewable energy installations. It operates in segments that include: Development and Construction which also generates key revenue for the company; Energy; Commercialization, and Services. Geographically, the company generates revenue from Chile, Mexico, Peru, Argentina, Colombia, Spain and other regions.
67GF Score

Get the complete analysis for MEX:GRE N

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

MXN2,506.64
Price
MXN3,535.31
GF Value