Frendy Energy SpA (MIL:FRE) Days Payable: 262.80 (As of Dec. 2025) — 74% Below Median


MIL:FRE Frendy Energy SpA MIL:FRE
28 GF Score
Price €0.19
GF Value €0.22
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Frendy Energy SpA Days Payable?

Frendy Energy SpA MIL:FRE -2.09% 28 Days Payable is 262.80 as of Dec. 2025, which is 74% below its 10-year median of 1,014.22. GuruFocus rates MIL:FRE with a GF Score™ of 28/100 and a GF Value™ of €0.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Frendy Energy SpA ranks better than 87.69% on this metric.

Frendy Energy SpA's average Accounts Payable for the six months ended in Dec. 2025 was €0.11 Mil. Frendy Energy SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €0.08 Mil. Hence, Frendy Energy SpA's Days Payable for the six months ended in Dec. 2025 was 262.80.

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

MIL:FRE' s Days Payable Range Over the Past 10 Years
Min: 51.29   Med: 1014.22   Max: 80081
Current: 482.61

During the past 13 years, Frendy Energy SpA's highest Days Payable was 80081.00. The lowest was 51.29. And the median was 1014.22.

MIL:FRE's Days Payable is ranked better than
87.69% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.64 vs MIL:FRE: 482.61

Frendy Energy SpA's Days Payable increased from Dec. 2024 (0.00) to Dec. 2025 (262.80). It may suggest that Frendy Energy SpA delayed paying its suppliers.


Frendy Energy SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Frendy Energy 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.

Frendy Energy SpA Days Payable Chart

Frendy Energy 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 51.29 82.28 1,501.21 1,587.75 527.22

Frendy Energy SpA Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 0.00 274.79 0.00 1,447.83 262.80

Frendy Energy SpA Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Frendy Energy 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.


Frendy Energy SpA Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Frendy Energy SpA's Days Payable distribution charts can be found below:

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


MIL:FRE
28GF Score
Frendy Energy SpA MIL:FRE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Frendy Energy 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.

Frendy Energy 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
=( (0.141 + 0.119) / 2 ) / 0.09*365
=0.13 / 0.09*365
=527.22

Frendy Energy 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
=( (0.097 + 0.119) / 2 ) / 0.075*365 / 2
=0.108 / 0.075*365 / 2
=262.80

* 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 262.80 mean?
Frendy Energy SpA (MIL:FRE) has a Days Payable of 262.80 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 Frendy Energy SpA and its competitors. This is 74% below median its historical median of 1,014.22. Over the past decade, Frendy Energy SpA's Days Payable has ranged from 51.29 to 80,081.00. According to the industry distribution chart, Frendy Energy SpA ranks #48 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 12.3%.
Is Frendy Energy SpA's Days Payable too high?
Frendy Energy SpA's current Days Payable of 262.80 is 74% below median its 10-year median of 1,014.22. Over the past 10 years, this metric has ranged from a low of 51.29 to a high of 80,081.00. The Utilities - Independent Power Producers industry median Days Payable is 79.64. Frendy Energy SpA's value of 262.80 is 230% above this industry median. Based on the distribution chart, Frendy Energy SpA ranks #48 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Frendy Energy SpA has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frendy Energy SpA's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Frendy Energy SpA ranks #48 out of 390 companies for Days Payable. This places Frendy Energy SpA in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 79.64. Frendy Energy SpA's value of 262.80 is 230% above this benchmark. Historically, Frendy Energy SpA's own Days Payable has ranged from 51.29 to 80,081.00 over the past decade. While the company's 10-year median is 1,014.22 vs. the industry median of 79.64, Frendy Energy 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 Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.64, based on 390 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. Frendy Energy SpA's current Days Payable of 262.80 is 230% 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 Frendy Energy SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frendy Energy SpA's current Days Payable is 262.80, which is 74% below median its own 10-year median of 1,014.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frendy Energy SpA stock overvalued right now?
Based on GuruFocus' analysis, Frendy Energy SpA (MIL:FRE) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.22, compared to a current price of €0.19 — trading 15% below its estimated fair value. The current Days Payable is 262.80, which is 74% below median its 10-year median of 1,014.22 and 230% above the Utilities - Independent Power Producers industry median of 79.64. Frendy Energy SpA's overall GF Score™ is 28/100 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 Frendy Energy SpA (MIL:FRE), the current Days Payable is 262.80 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 Frendy Energy SpA (MIL:FRE) Overvalued in 2026?

Based on GuruFocus' analysis, Frendy Energy SpA stock appears to be undervalued. The current stock price of €0.19 is trading 15% below its estimated GF Value™ of €0.22. GuruFocus considers Frendy Energy SpA to be Modestly Undervalued.

Key valuation signals for MIL:FRE:

  • Days Payable: 262.80 (74% below median its 10-year median of 1,014.22)
  • GF Value™: €0.22 vs. price of €0.19 (15% below fair value)
  • GF Score™: 28/100 with 2 warning signs
  • Industry Position: 230% above the Utilities - Independent Power Producers median (#48 of 390)

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


Frendy Energy SpA Business Description

Address Foro Buonaparte, 31, Milano, ITA, 20121
Frendy Energy SpA is an Italian company. It is engaged in building and operating mini hydropower plants towards the production and sale of electricity.
28GF Score

Get the complete analysis for MIL:FRE

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

€0.19
Price
€0.22
GF Value