Doxee SpA (MIL:DOX) Days Payable: 185.46 (As of Dec. 2025) — 46% Below Median


MIL:DOX Doxee SpA MIL:DOX
55 GF Score
Price €3.93
GF Value €2.99
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Doxee SpA Days Payable?

Doxee SpA MIL:DOX -1.50% 55 Days Payable is 185.46 as of Dec. 2025, which is 46% below its 10-year median of 346.49. GuruFocus rates MIL:DOX with a GF Score™ of 55/100 and a GF Value™ of €2.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,600 Software companies, Doxee SpA ranks better than 82.08% on this metric.

Doxee SpA's average Accounts Payable for the six months ended in Dec. 2025 was €3.95 Mil. Doxee SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €3.88 Mil. Hence, Doxee SpA's Days Payable for the six months ended in Dec. 2025 was 185.46.

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

MIL:DOX' s Days Payable Range Over the Past 10 Years
Min: 191.33   Med: 346.49   Max: 885.84
Current: 191.33

During the past 9 years, Doxee SpA's highest Days Payable was 885.84. The lowest was 191.33. And the median was 346.49.

MIL:DOX's Days Payable is ranked better than
82.08% of 2600 companies
in the Software industry
Industry Median: 54.025 vs MIL:DOX: 191.33

Doxee SpA's Days Payable declined from Dec. 2024 (249.51) to Dec. 2025 (185.46). It may suggest that Doxee SpA accelerated paying its suppliers.


Doxee SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Doxee 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.

Doxee SpA Days Payable Chart

Doxee SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 0.00 616.33 341.43 290.00 192.73

Doxee SpA Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only 323.58 294.26 249.51 195.58 185.46

MIL:DOX vs MSFT, ORCL, PLTR: Days Payable Comparison

For the Software - Infrastructure subindustry, Doxee 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.


Doxee SpA Days Payable vs Software Industry

For the Software industry and Technology sector, Doxee SpA's Days Payable distribution charts can be found below:

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


MIL:DOX
55GF Score
Doxee SpA MIL:DOX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Doxee 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.

Doxee 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
=( (4.588 + 3.793) / 2 ) / 7.936*365
=4.1905 / 7.936*365
=192.73

Doxee SpA'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
=( (4.099 + 3.793) / 2 ) / 3.883*365 / 2
=3.946 / 3.883*365 / 2
=185.46

* 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 185.46 mean?
Doxee SpA (MIL:DOX) has a Days Payable of 185.46 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 Doxee SpA and its competitors. This is 46% below median its historical median of 346.49. Over the past decade, Doxee SpA's Days Payable has ranged from 191.33 to 885.84. According to the industry distribution chart, Doxee SpA ranks #466 out of 2600 companies in the Software industry, placing it in the top 17.9%.
Is Doxee SpA's Days Payable too high?
Doxee SpA's current Days Payable of 185.46 is 46% below median its 10-year median of 346.49. Over the past 10 years, this metric has ranged from a low of 191.33 to a high of 885.84. The Software industry median Days Payable is 54.03. Doxee SpA's value of 185.46 is 243.3% above this industry median. Based on the distribution chart, Doxee SpA ranks #466 out of 2600 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Doxee SpA has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Doxee SpA's Days Payable compare to MSFT and ORCL?
According to the Software industry distribution chart, Doxee SpA ranks #466 out of 2600 companies for Days Payable. This places Doxee SpA in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.03. Doxee SpA's value of 185.46 is 243.3% above this benchmark. Historically, Doxee SpA's own Days Payable has ranged from 191.33 to 885.84 over the past decade. While the company's 10-year median is 346.49 vs. the industry median of 54.03, Doxee 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 Software company?
The median Days Payable among Software companies is 54.03, based on 2,600 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. Doxee SpA's current Days Payable of 185.46 is 243.3% 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 Doxee SpA and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Doxee SpA's current Days Payable is 185.46, which is 46% below median its own 10-year median of 346.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doxee SpA stock overvalued right now?
Based on GuruFocus' analysis, Doxee SpA (MIL:DOX) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.99, compared to a current price of €3.93 — trading 31.4% above its estimated fair value. The current Days Payable is 185.46, which is 46% below median its 10-year median of 346.49 and 243.3% above the Software industry median of 54.03. Doxee SpA's overall GF Score™ is 55/100 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 Doxee SpA (MIL:DOX), the current Days Payable is 185.46 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 Doxee SpA (MIL:DOX) Overvalued in 2026?

Based on GuruFocus' analysis, Doxee SpA stock appears to be overvalued. The current stock price of €3.93 is trading 31.4% above its estimated GF Value™ of €2.99. GuruFocus considers Doxee SpA to be Significantly Overvalued.

Key valuation signals for MIL:DOX:

  • Days Payable: 185.46 (46% below median its 10-year median of 346.49)
  • GF Value™: €2.99 vs. price of €3.93 (31.4% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 243.3% above the Software median (#466 of 2600)

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


Doxee SpA Business Description

Other Exchanges 0BJ:Germany
Address Viale Virgilio, n. 48 / B, Modena, ITA
Doxee SpA is an Italian software company. It offers customer communications management, digital customer experience, and dematerialization based on cloud technologies. The company's product lines include Document Experience which consists of the production and distribution of multi-channel and digital document storage; the Paperless Experience line includes electronic billing, standard digital preservation, electronic ordering, and other products; and the Interactive Experience line is engaged in production and distribution of interactive micro-sites and personalized videos. The firm offers products via software, platform, and on-premise form.
55GF Score

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

€3.93
Price
€2.99
GF Value