ICOP SpAMIL:ICOP +0.96%15 Days Payable is 128.49 as of Dec. 2025, which is 65% below its 10-year median of 364.16. GuruFocus rates MIL:ICOP with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 1,710 Construction companies, ICOP SpA ranks better than 91.58% on this metric.
ICOP SpA's average Accounts Payable for the
six
months ended in Dec. 2025 was €123.3 Mil. ICOP SpA's Cost of Goods Sold for the
six
months ended in Dec. 2025 was €175.2 Mil.
Hence, ICOP SpA's Days Payable for the
six
months ended in Dec. 2025 was 128.49.
The historical rank and industry rank for ICOP SpA's Days Payable or its related term are showing as below:
MIL:ICOP'
s Days Payable Range Over the Past 10 Years
Min: 183.02 Med: 364.16 Max: 713.33
Current: 378.27
During the past 4 years, ICOP SpA's highest Days Payable was 713.33. The lowest was 183.02. And the median was 364.16.
MIL:ICOP's Days Payable is ranked better than 91.58% of 1710
companies
in the Construction industry
Industry Median: 76.79
vs MIL:ICOP: 378.27
ICOP SpA's Days Payable
declined
from Dec. 2024 (168.01) to Dec. 2025 (128.49).
It may suggest that ICOP SpAaccelerated paying its suppliers.
ICOP SpA Days Payable Related Terms
ICOP SpA Days Payable Historical Data
* Premium members only.
The historical data trend for ICOP 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.
MIL:ICOP vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, ICOP 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.
ICOP SpA Days Payable vs Construction Industry
For the Construction industry and Industrials sector, ICOP SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where ICOP SpA's Days Payable falls into.
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.
ICOP SpA's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
ICOP SpA (MIL:ICOP) has a Days Payable of 128.49 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 ICOP SpA and its competitors. This is 65% below median its historical median of 364.16. Over the past decade, ICOP SpA's Days Payable has ranged from 183.02 to 713.33. According to the industry distribution chart, ICOP SpA ranks #144 out of 1710 companies in the Construction industry, placing it in the top 8.4%.
Is ICOP SpA's Days Payable too high?
ICOP SpA's current Days Payable of 128.49 is 65% below median its 10-year median of 364.16. Over the past 10 years, this metric has ranged from a low of 183.02 to a high of 713.33. The Construction industry median Days Payable is 76.79. ICOP SpA's value of 128.49 is 67.3% above this industry median. Based on the distribution chart, ICOP SpA ranks #144 out of 1710 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ICOP SpA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does ICOP SpA's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, ICOP SpA ranks #144 out of 1710 companies for Days Payable. This places ICOP SpA in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.79. ICOP SpA's value of 128.49 is 67.3% above this benchmark. Historically, ICOP SpA's own Days Payable has ranged from 183.02 to 713.33 over the past decade. While the company's 10-year median is 364.16 vs. the industry median of 76.79, ICOP 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 Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 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. ICOP SpA's current Days Payable of 128.49 is 67.3% 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 ICOP SpA and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICOP SpA's current Days Payable is 128.49, which is 65% below median its own 10-year median of 364.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICOP SpA stock overvalued right now?
ICOP SpA (MIL:ICOP) has a current Days Payable of 128.49. The current Days Payable is 128.49, which is 65% below median its 10-year median of 364.16 and 67.3% above the Construction industry median of 76.79. ICOP SpA's overall GF Score™ is 15/100 with 6 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 ICOP SpA (MIL:ICOP), the current Days Payable is 128.49 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.
ICOP SpA operates domestically and internationally in the construction and engineering works sector. It is engaged in (i) special foundations; (ii) microtunnelling technologies ; (iii) maritime works (specialist works) and carries out, secondarily, (iv) public-private partnership (PPP) works and other infrastructure works.
15GF Score
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