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Carel Industries SpAMIL:CRL -1.07%97 Days Payable is 120.33 as of Mar. 2026, which is 14% above its 10-year median of 105.99. GuruFocus rates MIL:CRL with a GF Score™ of 97/100 and a GF Value™ of €24.02 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,443 Hardware companies, Carel Industries SpA ranks better than 71.84% on this metric.
The historical rank and industry rank for Carel Industries SpA's Days Payable or its related term are showing as below:
MIL:CRL'
s Days Payable Range Over the Past 10 Years
Min: 98.66 Med: 105.99 Max: 121.49
Current: 107.96
During the past 12 years, Carel Industries SpA's highest Days Payable was 121.49. The lowest was 98.66. And the median was 105.99.
MIL:CRL's Days Payable is ranked better than 71.84% of 2443
companies
in the Hardware industry
Industry Median: 69.89
vs MIL:CRL: 107.96
Carel Industries SpA's Days Payable
increased
from Mar. 2025 (105.25) to Mar. 2026 (120.33).
It may suggest that Carel Industries SpAdelayed paying its suppliers.
Carel Industries SpA Days Payable Related Terms
Carel Industries SpA Days Payable Historical Data
* Premium members only.
The historical data trend for Carel Industries 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.
For the Electronic Components subindustry, Carel Industries 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.
Carel Industries SpA Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Carel Industries SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Carel Industries 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.
Carel Industries 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.
Carel Industries SpA (MIL:CRL) has a Days Payable of 120.33 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 Carel Industries SpA and its competitors. This is 14% above median its historical median of 105.99. Over the past decade, Carel Industries SpA's Days Payable has ranged from 98.66 to 121.49. According to the industry distribution chart, Carel Industries SpA ranks #688 out of 2443 companies in the Hardware industry, placing it in the top 28.2%.
Is Carel Industries SpA's Days Payable too high?
Carel Industries SpA's current Days Payable of 120.33 is 14% above median its 10-year median of 105.99. Over the past 10 years, this metric has ranged from a low of 98.66 to a high of 121.49. The Hardware industry median Days Payable is 69.89. Carel Industries SpA's value of 120.33 is 72.2% above this industry median. Based on the distribution chart, Carel Industries SpA ranks #688 out of 2443 companies in the Hardware industry, which is above the industry midpoint. Overall, Carel Industries SpA has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carel Industries SpA's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Carel Industries SpA ranks #688 out of 2443 companies for Days Payable. This puts Carel Industries SpA in the upper half of its industry. The industry median Days Payable is 69.89. Carel Industries SpA's value of 120.33 is 72.2% above this benchmark. Historically, Carel Industries SpA's own Days Payable has ranged from 98.66 to 121.49 over the past decade. While the company's 10-year median is 105.99 vs. the industry median of 69.89, Carel Industries 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 a Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,443 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. Carel Industries SpA's current Days Payable of 120.33 is 72.2% 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 Carel Industries SpA and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carel Industries SpA's current Days Payable is 120.33, which is 14% above median its own 10-year median of 105.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carel Industries SpA stock overvalued right now?
Based on GuruFocus' analysis, Carel Industries SpA (MIL:CRL) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.02, compared to a current price of €27.70 — trading 15.3% above its estimated fair value. The current Days Payable is 120.33, which is 14% above median its 10-year median of 105.99 and 72.2% above the Hardware industry median of 69.89. Carel Industries SpA's overall GF Score™ is 97/100 with 5 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 Carel Industries SpA (MIL:CRL), the current Days Payable is 120.33 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 Carel Industries SpA (MIL:CRL) Overvalued in 2026?
Based on GuruFocus' analysis, Carel Industries SpA stock appears to be overvalued.
The current stock price of €27.70 is trading 15.3% above its estimated GF Value™ of €24.02.
GuruFocus considers Carel Industries SpA to be Modestly Overvalued.
Key valuation signals for MIL:CRL:
Days Payable: 120.33 (14% above median its 10-year median of 105.99)
GF Value™: €24.02 vs. price of €27.70 (15.3% above fair value)
Industry Position: 72.2% above the Hardware median (#688 of 2443)
No single metric tells the full story. See the MIL:CRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carel Industries SpA manufactures control systems and humidification for air conditioning and refrigeration. The group provides control solutions for the commercial, industrial, and residential air-conditioning and refrigeration (HVAC/R) markets. Its geographical segments are Europe, the Middle East and Africa, North America, South America, and APAC. The company's industrial applications for the air-conditioning sector are designed for data centers. Its products include programmable controls, room terminals, Isothermal Humidifiers, Sensors and protection devices, Sensors and protection devices, and others. The company derives maximum revenue from Europe, the Middle East, and Africa segment.
97GF Score
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