Ermenegildo Zegna NV (MEX:ZGNN) Days Payable: 152.73 (As of Dec. 2025) — 17% Above Median

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MEX:ZGNN Ermenegildo Zegna NV MEX:ZGNN
83 GF Score
Price MXN156.75
GF Value MXN134.24
! 4 Warning Signs
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What is Ermenegildo Zegna NV Days Payable?

Ermenegildo Zegna NV MEX:ZGNN 83 Days Payable is 152.73 as of Dec. 2025, which is 17% above its 10-year median of 130.11. GuruFocus rates MEX:ZGNN with a GF Score™ of 83/100 and a GF Value™ of MXN134.24. The stock has 4 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Ermenegildo Zegna NV ranks better than 86.31% on this metric.

Ermenegildo Zegna NV's average Accounts Payable for the six months ended in Dec. 2025 was MXN5,668 Mil. Ermenegildo Zegna NV's Cost of Goods Sold for the six months ended in Dec. 2025 was MXN6,773 Mil. Hence, Ermenegildo Zegna NV's Days Payable for the six months ended in Dec. 2025 was 152.73.

The historical rank and industry rank for Ermenegildo Zegna NV's Days Payable or its related term are showing as below:

MEX:ZGNN' s Days Payable Range Over the Past 10 Years
Min: 110.06   Med: 130.11   Max: 147.11
Current: 147.11

During the past 8 years, Ermenegildo Zegna NV's highest Days Payable was 147.11. The lowest was 110.06. And the median was 130.11.

MEX:ZGNN's Days Payable is ranked better than
86.31% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs MEX:ZGNN: 147.11

Ermenegildo Zegna NV's Days Payable increased from Dec. 2024 (140.21) to Dec. 2025 (152.73). It may suggest that Ermenegildo Zegna NV delayed paying its suppliers.


Ermenegildo Zegna NV Days Payable Historical Data

* Premium members only.

The historical data trend for Ermenegildo Zegna NV'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.

Ermenegildo Zegna NV Days Payable Chart

Ermenegildo Zegna NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 123.21 135.82 136.14 131.92 150.48

Ermenegildo Zegna NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 142.90 149.00 140.21 158.31 152.73

MEX:ZGNN vs PVH, COLM, UAA: Days Payable Comparison

For the Apparel Manufacturing subindustry, Ermenegildo Zegna NV'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.


Ermenegildo Zegna NV Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Ermenegildo Zegna NV's Days Payable falls into.


MEX:ZGNN
83GF Score
Ermenegildo Zegna NV MEX:ZGNN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ermenegildo Zegna NV 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.

Ermenegildo Zegna NV'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
=( (5429.143 + 5400.234) / 2 ) / 13133.408*365
=5414.6885 / 13133.408*365
=150.48

Ermenegildo Zegna NV's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (5936.714 + 5400.234) / 2 ) / 6773.264*365 / 2
=5668.474 / 6773.264*365 / 2
=152.73

* 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 152.73 mean?
Ermenegildo Zegna NV (MEX:ZGNN) has a Days Payable of 152.73 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 Ermenegildo Zegna NV and its competitors. This is 17% above median its historical median of 130.11. Over the past decade, Ermenegildo Zegna NV's Days Payable has ranged from 110.06 to 147.11. According to the industry distribution chart, Ermenegildo Zegna NV ranks #139 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 13.7%.
Is Ermenegildo Zegna NV's Days Payable too high?
Ermenegildo Zegna NV's current Days Payable of 152.73 is 17% above median its 10-year median of 130.11. Over the past 10 years, this metric has ranged from a low of 110.06 to a high of 147.11. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Ermenegildo Zegna NV's value of 152.73 is 181.7% above this industry median. Based on the distribution chart, Ermenegildo Zegna NV ranks #139 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ermenegildo Zegna NV has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ermenegildo Zegna NV's Days Payable compare to PVH and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ermenegildo Zegna NV ranks #139 out of 1015 companies for Days Payable. This places Ermenegildo Zegna NV in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.22. Ermenegildo Zegna NV's value of 152.73 is 181.7% above this benchmark. Historically, Ermenegildo Zegna NV's own Days Payable has ranged from 110.06 to 147.11 over the past decade. While the company's 10-year median is 130.11 vs. the industry median of 54.22, Ermenegildo Zegna NV 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.22, based on 1,015 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. Ermenegildo Zegna NV's current Days Payable of 152.73 is 181.7% 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 Ermenegildo Zegna NV and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermenegildo Zegna NV's current Days Payable is 152.73, which is 17% above median its own 10-year median of 130.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermenegildo Zegna NV stock overvalued right now?
Ermenegildo Zegna NV (MEX:ZGNN) has a current Days Payable of 152.73. The stock's GF Value™ is MXN134.24, compared to a current price of MXN156.75 — trading 16.8% above its estimated fair value. The current Days Payable is 152.73, which is 17% above median its 10-year median of 130.11 and 181.7% above the Manufacturing - Apparel & Accessories industry median of 54.22. Ermenegildo Zegna NV's overall GF Score™ is 83/100 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 Ermenegildo Zegna NV (MEX:ZGNN), the current Days Payable is 152.73 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 Ermenegildo Zegna NV (MEX:ZGNN) Overvalued in 2026?

Based on GuruFocus' analysis, Ermenegildo Zegna NV stock appears to be overvalued. The current stock price of MXN156.75 is trading 16.8% above its estimated GF Value™ of MXN134.24.

Key valuation signals for MEX:ZGNN:

  • Days Payable: 152.73 (17% above median its 10-year median of 130.11)
  • GF Value™: MXN134.24 vs. price of MXN156.75 (16.8% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 181.7% above the Manufacturing - Apparel & Accessories median (#139 of 1015)

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


Ermenegildo Zegna NV Business Description

Other Exchanges ZGN:USAJN0:Germany
Address Viale Roma 99/100, Valdilana location, Trivero, ITA, 13835
Ermenegildo Zegna NV designs creates, and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear, and accessories under the Thom Browne brand. The company operates in three segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile, and Third Party Brands); the Thom Browne segment, and the Tom Ford Fashion segment. The company generates the majority of revenue from the Zegna segment.
83GF Score

Get the complete analysis for MEX:ZGNN

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

MXN156.75
Price
MXN134.24
GF Value