Snam SpAMEX:SRGS N 67 Days Payable is 375.74 as of Mar. 2026, which is 87% below its 10-year median of 2,980.83. GuruFocus rates MEX:SRGS N with a GF Score™ of 67/100 and a GF Value™ of MXN66.28. The stock has 10 warning signs investors should review. Among 481 Utilities - Regulated companies, Snam SpA ranks worse than 207900% on this metric.
Snam SpA's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN19,229 Mil. Snam SpA's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN4,670 Mil.
Hence, Snam SpA's Days Payable for the
three
months ended in Mar. 2026 was 375.74.
The historical rank and industry rank for Snam SpA's Days Payable or its related term are showing as below:
During the past 13 years, Snam SpA's highest Days Payable was 7795.36. The lowest was 587.39. And the median was 2980.83.
MEX:SRGS N's Days Payable is not ranked *
in the Utilities - Regulated industry.
Industry Median: 70.61 * Ranked among companies with meaningful Days Payable only.
Snam SpA's Days Payable
declined
from Mar. 2025 (425.50) to Mar. 2026 (375.74).
It may suggest that Snam SpAaccelerated paying its suppliers.
Snam SpA Days Payable Related Terms
Snam SpA Days Payable Historical Data
* Premium members only.
The historical data trend for Snam 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.
MEX:SRGS N vs ATO, NI, UGI: Days Payable Comparison
For the Utilities - Regulated Gas subindustry, Snam 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.
Snam SpA Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Snam SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Snam SpA'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.
Snam SpA'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.
Snam SpA (MEX:SRGS N) has a Days Payable of 375.74 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 Snam SpA and its competitors. This is 87% below median its historical median of 2,980.83. Over the past decade, Snam SpA's Days Payable has ranged from 587.39 to 7,795.36. According to the industry distribution chart, Snam SpA ranks #999999 out of 481 companies in the Utilities - Regulated industry.
Is Snam SpA's Days Payable too high?
Snam SpA's current Days Payable of 375.74 is 87% below median its 10-year median of 2,980.83. Over the past 10 years, this metric has ranged from a low of 587.39 to a high of 7,795.36. The Utilities - Regulated industry median Days Payable is 70.61. Snam SpA's value of 375.74 is 432.1% above this industry median. Based on the distribution chart, Snam SpA ranks #999999 out of 481 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Snam SpA has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Snam SpA's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Snam SpA ranks #999999 out of 481 companies for Days Payable. This places Snam SpA in the lower half of its industry. The industry median Days Payable is 70.61. Snam SpA's value of 375.74 is 432.1% above this benchmark. Historically, Snam SpA's own Days Payable has ranged from 587.39 to 7,795.36 over the past decade. While the company's 10-year median is 2,980.83 vs. the industry median of 70.61, Snam 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. Snam SpA's current Days Payable of 375.74 is 432.1% 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 Snam 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. Snam SpA's current Days Payable is 375.74, which is 87% below median its own 10-year median of 2,980.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snam SpA stock overvalued right now?
Snam SpA (MEX:SRGS N) has a current Days Payable of 375.74. The stock's GF Value™ is MXN66.28, compared to a current price of MXN86.11 — trading 29.9% above its estimated fair value. The current Days Payable is 375.74, which is 87% below median its 10-year median of 2,980.83 and 432.1% above the Utilities - Regulated industry median of 70.61. Snam SpA's overall GF Score™ is 67/100 with 10 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 Snam SpA (MEX:SRGS N), the current Days Payable is 375.74 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 Snam SpA (MEX:SRGS N) Overvalued in 2026?
Based on GuruFocus' analysis, Snam SpA stock appears to be overvalued.
The current stock price of MXN86.11 is trading 29.9% above its estimated GF Value™ of MXN66.28.
Key valuation signals for MEX:SRGS N:
Days Payable: 375.74 (87% below median its 10-year median of 2,980.83)
GF Value™: MXN66.28 vs. price of MXN86.11 (29.9% above fair value)
Industry Position: 432.1% above the Utilities - Regulated median (#999999 of 481)
No single metric tells the full story. See the MEX:SRGS N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17% of European gas storage capacity and 18.1 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.
67GF Score
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