Iniziative Bresciane SpA (MIL:IB) Days Payable: 242.72 (As of Dec. 2025) — 49% Above Median


MIL:IB Iniziative Bresciane SpA MIL:IB
73 GF Score
Price €9.75
GF Value €13.98
Valuation Possible Value Trap
! 9 Warning Signs
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What is Iniziative Bresciane SpA Days Payable?

Iniziative Bresciane SpA MIL:IB +1.56% 73 Days Payable is 242.72 as of Dec. 2025, which is 49% above its 10-year median of 162.63. GuruFocus rates MIL:IB with a GF Score™ of 73/100 and a GF Value™ of €13.98 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Iniziative Bresciane SpA ranks better than 69.74% on this metric.

Iniziative Bresciane SpA's average Accounts Payable for the six months ended in Dec. 2025 was €4.17 Mil. Iniziative Bresciane SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €3.14 Mil. Hence, Iniziative Bresciane SpA's Days Payable for the six months ended in Dec. 2025 was 242.72.

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

MIL:IB' s Days Payable Range Over the Past 10 Years
Min: 118.35   Med: 162.63   Max: 328.62
Current: 158.08

During the past 13 years, Iniziative Bresciane SpA's highest Days Payable was 328.62. The lowest was 118.35. And the median was 162.63.

MIL:IB's Days Payable is ranked better than
69.74% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.64 vs MIL:IB: 158.08

Iniziative Bresciane SpA's Days Payable increased from Dec. 2024 (129.13) to Dec. 2025 (242.72). It may suggest that Iniziative Bresciane SpA delayed paying its suppliers.


Iniziative Bresciane SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Iniziative Bresciane 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.

Iniziative Bresciane SpA Days Payable Chart

Iniziative Bresciane 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 328.62 234.98 152.12 146.82 173.14

Iniziative Bresciane 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 123.99 164.33 129.13 96.58 242.72

Iniziative Bresciane SpA Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Iniziative Bresciane 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.


Iniziative Bresciane SpA Days Payable vs Utilities - Independent Power Producers Industry

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

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


MIL:IB
73GF Score
Iniziative Bresciane SpA MIL:IB
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Iniziative Bresciane 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.

Iniziative Bresciane 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
=( (2.693 + 5.368) / 2 ) / 8.497*365
=4.0305 / 8.497*365
=173.14

Iniziative Bresciane 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
=( (2.979 + 5.368) / 2 ) / 3.138*365 / 2
=4.1735 / 3.138*365 / 2
=242.72

* 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 242.72 mean?
Iniziative Bresciane SpA (MIL:IB) has a Days Payable of 242.72 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 Iniziative Bresciane SpA and its competitors. This is 49% above median its historical median of 162.63. Over the past decade, Iniziative Bresciane SpA's Days Payable has ranged from 118.35 to 328.62. According to the industry distribution chart, Iniziative Bresciane SpA ranks #118 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 30.3%.
Is Iniziative Bresciane SpA's Days Payable too high?
Iniziative Bresciane SpA's current Days Payable of 242.72 is 49% above median its 10-year median of 162.63. Over the past 10 years, this metric has ranged from a low of 118.35 to a high of 328.62. The Utilities - Independent Power Producers industry median Days Payable is 79.64. Iniziative Bresciane SpA's value of 242.72 is 204.8% above this industry median. Based on the distribution chart, Iniziative Bresciane SpA ranks #118 out of 390 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Iniziative Bresciane SpA has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Iniziative Bresciane SpA's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Iniziative Bresciane SpA ranks #118 out of 390 companies for Days Payable. This puts Iniziative Bresciane SpA in the upper half of its industry. The industry median Days Payable is 79.64. Iniziative Bresciane SpA's value of 242.72 is 204.8% above this benchmark. Historically, Iniziative Bresciane SpA's own Days Payable has ranged from 118.35 to 328.62 over the past decade. While the company's 10-year median is 162.63 vs. the industry median of 79.64, Iniziative Bresciane 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. Iniziative Bresciane SpA's current Days Payable of 242.72 is 204.8% 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 Iniziative Bresciane 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. Iniziative Bresciane SpA's current Days Payable is 242.72, which is 49% above median its own 10-year median of 162.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iniziative Bresciane SpA stock overvalued right now?
Based on GuruFocus' analysis, Iniziative Bresciane SpA (MIL:IB) is currently considered Possible Value Trap. The stock's GF Value™ is €13.98, compared to a current price of €9.75 — trading 30.3% below its estimated fair value. The current Days Payable is 242.72, which is 49% above median its 10-year median of 162.63 and 204.8% above the Utilities - Independent Power Producers industry median of 79.64. Iniziative Bresciane SpA's overall GF Score™ is 73/100 with 9 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 Iniziative Bresciane SpA (MIL:IB), the current Days Payable is 242.72 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 Iniziative Bresciane SpA (MIL:IB) Overvalued in 2026?

Based on GuruFocus' analysis, Iniziative Bresciane SpA stock appears to be undervalued. The current stock price of €9.75 is trading 30.3% below its estimated GF Value™ of €13.98. GuruFocus considers Iniziative Bresciane SpA to be Possible Value Trap.

Key valuation signals for MIL:IB:

  • Days Payable: 242.72 (49% above median its 10-year median of 162.63)
  • GF Value™: €13.98 vs. price of €9.75 (30.3% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 204.8% above the Utilities - Independent Power Producers median (#118 of 390)

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


Iniziative Bresciane SpA Business Description

Address Piazza Vittoria 19, Breno, Brescia, ITA, 25043
Iniziative Bresciane SpA is an engineering and construction company. The company design, constructs and operates small and medium-sized hydroelectric plants. The company operates in Italy and its hydroelectric plants are mainly located in the provinces of Brescia, Bergamo, and Cremona.
73GF Score

Get the complete analysis for MIL:IB

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

€9.75
Price
€13.98
GF Value