Estrima SpA (MIL:ESTM) Days Payable: 173.67 (As of Dec. 2025) — 17% Below Median


MIL:ESTM Estrima SpA MIL:ESTM
31 GF Score
Price €0.10
GF Value €0.06
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Estrima SpA Days Payable?

Estrima SpA MIL:ESTM -4.69% 31 Days Payable is 173.67 as of Dec. 2025, which is 17% below its 10-year median of 208.42. GuruFocus rates MIL:ESTM with a GF Score™ of 31/100 and a GF Value™ of €0.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Estrima SpA ranks better than 88.12% on this metric.

Estrima SpA's average Accounts Payable for the six months ended in Dec. 2025 was €6.97 Mil. Estrima SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €7.32 Mil. Hence, Estrima SpA's Days Payable for the six months ended in Dec. 2025 was 173.67.

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

MIL:ESTM' s Days Payable Range Over the Past 10 Years
Min: 139.28   Med: 208.42   Max: 261.9
Current: 171.02

During the past 7 years, Estrima SpA's highest Days Payable was 261.90. The lowest was 139.28. And the median was 208.42.

MIL:ESTM's Days Payable is ranked better than
88.12% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs MIL:ESTM: 171.02

Estrima SpA's Days Payable declined from Dec. 2024 (192.03) to Dec. 2025 (173.67). It may suggest that Estrima SpA accelerated paying its suppliers.


Estrima SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Estrima 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.

Estrima SpA Days Payable Chart

Estrima SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 261.90 0.00 0.00 0.00 198.51

Estrima SpA Semi-Annual Data
Dec19 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 132.18 134.69 192.03 141.36 173.67

MIL:ESTM vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Estrima 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.


Estrima SpA Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Estrima SpA's Days Payable distribution charts can be found below:

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


MIL:ESTM
31GF Score
Estrima SpA MIL:ESTM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Estrima 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.

Estrima 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
=( (0 + 8.09) / 1 ) / 14.875*365
=8.09 / 14.875*365
=198.51

Estrima 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
=( (5.849 + 8.09) / 2 ) / 7.324*365 / 2
=6.9695 / 7.324*365 / 2
=173.67

* 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 173.67 mean?
Estrima SpA (MIL:ESTM) has a Days Payable of 173.67 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 Estrima SpA and its competitors. This is 17% below median its historical median of 208.42. Over the past decade, Estrima SpA's Days Payable has ranged from 139.28 to 261.90. According to the industry distribution chart, Estrima SpA ranks #156 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 11.9%.
Is Estrima SpA's Days Payable too high?
Estrima SpA's current Days Payable of 173.67 is 17% below median its 10-year median of 208.42. Over the past 10 years, this metric has ranged from a low of 139.28 to a high of 261.90. The Vehicles & Parts industry median Days Payable is 67.12. Estrima SpA's value of 173.67 is 158.7% above this industry median. Based on the distribution chart, Estrima SpA ranks #156 out of 1313 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Estrima SpA has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Estrima SpA's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Estrima SpA ranks #156 out of 1313 companies for Days Payable. This places Estrima SpA in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.12. Estrima SpA's value of 173.67 is 158.7% above this benchmark. Historically, Estrima SpA's own Days Payable has ranged from 139.28 to 261.90 over the past decade. While the company's 10-year median is 208.42 vs. the industry median of 67.12, Estrima 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. Estrima SpA's current Days Payable of 173.67 is 158.7% 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 Estrima SpA and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Estrima SpA's current Days Payable is 173.67, which is 17% below median its own 10-year median of 208.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Estrima SpA stock overvalued right now?
Based on GuruFocus' analysis, Estrima SpA (MIL:ESTM) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.06, compared to a current price of €0.10 — trading 69.2% above its estimated fair value. The current Days Payable is 173.67, which is 17% below median its 10-year median of 208.42 and 158.7% above the Vehicles & Parts industry median of 67.12. Estrima SpA's overall GF Score™ is 31/100 with 2 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 Estrima SpA (MIL:ESTM), the current Days Payable is 173.67 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 Estrima SpA (MIL:ESTM) Overvalued in 2026?

Based on GuruFocus' analysis, Estrima SpA stock appears to be overvalued. The current stock price of €0.10 is trading 69.2% above its estimated GF Value™ of €0.06. GuruFocus considers Estrima SpA to be Significantly Overvalued.

Key valuation signals for MIL:ESTM:

  • Days Payable: 173.67 (17% below median its 10-year median of 208.42)
  • GF Value™: €0.06 vs. price of €0.10 (69.2% above fair value)
  • GF Score™: 31/100 with 2 warning signs
  • Industry Position: 158.7% above the Vehicles & Parts median (#156 of 1313)

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


Estrima SpA Business Description

Address Via Roveredo 20/b, Pordenone, ITA, 33170
Estrima SpA is engaged in designing, manufacturing and distribution of the small electric vehicles.
31GF Score

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

€0.10
Price
€0.06
GF Value