Fincantieri SpA (MIL:FCT) Days Payable: 202.96 (As of Jun. 2026) — 26% Above Median

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MIL:FCT Fincantieri SpA MIL:FCT
51 GF Score
Price €12.78
GF Value €6.01
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Fincantieri SpA Days Payable?

Fincantieri SpA MIL:FCT +0.24% 51 Days Payable is 202.96 as of Jun. 2026, which is 26% above its 10-year median of 160.83. GuruFocus rates MIL:FCT with a GF Score™ of 51/100 and a GF Value™ of €6.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 340 Aerospace & Defense companies, Fincantieri SpA ranks better than 79.41% on this metric.

Fincantieri SpA's average Accounts Payable for the six months ended in Jun. 2026 was €3,799 Mil. Fincantieri SpA's Cost of Goods Sold for the six months ended in Jun. 2026 was €3,416 Mil. Hence, Fincantieri SpA's Days Payable for the six months ended in Jun. 2026 was 202.96.

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

MIL:FCT' s Days Payable Range Over the Past 10 Years
Min: 137.64   Med: 160.83   Max: 189.16
Current: 189.16

During the past 13 years, Fincantieri SpA's highest Days Payable was 189.16. The lowest was 137.64. And the median was 160.83.

MIL:FCT's Days Payable is ranked better than
79.41% of 340 companies
in the Aerospace & Defense industry
Industry Median: 64.565 vs MIL:FCT: 189.16

Fincantieri SpA's Days Payable increased from Jun. 2025 (161.39) to Jun. 2026 (202.96). It may suggest that Fincantieri SpA delayed paying its suppliers.


Fincantieri SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Fincantieri 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.

Fincantieri SpA Days Payable Chart

Fincantieri SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.70 157.46 158.04 161.69 186.46

Fincantieri SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 Premium Member Only Premium Member Only Premium Member Only 169.79 151.17 161.39 188.00 202.96

MIL:FCT vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Fincantieri 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.


Fincantieri SpA Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fincantieri SpA's Days Payable distribution charts can be found below:

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


MIL:FCT
51GF Score
Fincantieri SpA MIL:FCT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fincantieri 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.

Fincantieri 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
=( (3071 + 4040) / 2 ) / 6960*365
=3555.5 / 6960*365
=186.46

Fincantieri SpA's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (4040 + 3557.262) / 2 ) / 3415.692*365 / 2
=3798.631 / 3415.692*365 / 2
=202.96

* 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 202.96 mean?
Fincantieri SpA (MIL:FCT) has a Days Payable of 202.96 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fincantieri SpA and its competitors. This is 26% above median its historical median of 160.83. Over the past decade, Fincantieri SpA's Days Payable has ranged from 137.64 to 189.16. According to the industry distribution chart, Fincantieri SpA ranks #70 out of 340 companies in the Aerospace & Defense industry, placing it in the top 20.6%.
Is Fincantieri SpA's Days Payable too high?
Fincantieri SpA's current Days Payable of 202.96 is 26% above median its 10-year median of 160.83. Over the past 10 years, this metric has ranged from a low of 137.64 to a high of 189.16. The Aerospace & Defense industry median Days Payable is 64.57. Fincantieri SpA's value of 202.96 is 214.3% above this industry median. Based on the distribution chart, Fincantieri SpA ranks #70 out of 340 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Fincantieri SpA has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fincantieri SpA's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Fincantieri SpA ranks #70 out of 340 companies for Days Payable. This places Fincantieri SpA in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.57. Fincantieri SpA's value of 202.96 is 214.3% above this benchmark. Historically, Fincantieri SpA's own Days Payable has ranged from 137.64 to 189.16 over the past decade. While the company's 10-year median is 160.83 vs. the industry median of 64.57, Fincantieri 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.57, based on 340 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. Fincantieri SpA's current Days Payable of 202.96 is 214.3% 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 Fincantieri SpA and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fincantieri SpA's current Days Payable is 202.96, which is 26% above median its own 10-year median of 160.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fincantieri SpA stock overvalued right now?
Based on GuruFocus' analysis, Fincantieri SpA (MIL:FCT) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.01, compared to a current price of €12.78 — trading 112.6% above its estimated fair value. The current Days Payable is 202.96, which is 26% above median its 10-year median of 160.83 and 214.3% above the Aerospace & Defense industry median of 64.57. Fincantieri SpA's overall GF Score™ is 51/100 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 Fincantieri SpA (MIL:FCT), the current Days Payable is 202.96 as of Jun. 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 Fincantieri SpA (MIL:FCT) Overvalued in 2026?

Based on GuruFocus' analysis, Fincantieri SpA stock appears to be overvalued. The current stock price of €12.78 is trading 112.6% above its estimated GF Value™ of €6.01. GuruFocus considers Fincantieri SpA to be Significantly Overvalued.

Key valuation signals for MIL:FCT:

  • Days Payable: 202.96 (26% above median its 10-year median of 160.83)
  • GF Value™: €6.01 vs. price of €12.78 (112.6% above fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 214.3% above the Aerospace & Defense median (#70 of 340)

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


Fincantieri SpA Business Description

Address Via Genova No 1, Trieste, ITA, 34121
Fincantieri is one of the world's largest shipbuilding groups, operating across the defense, commercial, and specialized maritime sectors. The company designs and builds a wide range of vessels, including cruise ships, naval combatants, submarines, and offshore and specialized ships. It also provides lifecycle support and system integration services. Fincantieri is organized into four main divisions—shipbuilding; equipment, systems, and infrastructure; offshore and specialized vessels; and underwater systems—covering the full spectrum of defense and commercial shipbuilding.
51GF Score

Get the complete analysis for MIL:FCT

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

€12.78
Price
€6.01
GF Value