Italgas SpA (MIL:IG) Days Payable: 0.00 (As of Mar. 2026)


MIL:IG Italgas SpA MIL:IG
76 GF Score
Price €10.47
GF Value €8.19
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Italgas SpA Days Payable?

Italgas SpA MIL:IG +1.36% 76 Days Payable is 0.00 as of Mar. 2026. GuruFocus rates MIL:IG with a GF Score™ of 76/100 and a GF Value™ of €8.19 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 481 Utilities - Regulated companies, Italgas SpA ranks better than 95.22% on this metric.

Italgas SpA's average Accounts Payable for the three months ended in Mar. 2026 was €360 Mil. Italgas SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was €0 Mil.

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

MIL:IG' s Days Payable Range Over the Past 10 Years
Min: 145.02   Med: 213.83   Max: 3149.5
Current: 522.4

During the past 10 years, Italgas SpA's highest Days Payable was 3149.50. The lowest was 145.02. And the median was 213.83.

MIL:IG's Days Payable is ranked better than
95.22% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.61 vs MIL:IG: 522.40

Italgas SpA's Days Payable declined from Mar. 2025 (212.39) to Mar. 2026 (0.00). It may suggest that Italgas SpA accelerated paying its suppliers.


Italgas SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Italgas 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.

Italgas SpA Days Payable Chart

Italgas 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 173.41 277.52 221.45 165.73 145.02

Italgas SpA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 212.39 112.97 0.00 0.00 0.00

MIL:IG vs ATO, NI, UGI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Italgas 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.


Italgas SpA Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Italgas SpA's Days Payable distribution charts can be found below:

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


MIL:IG
76GF Score
Italgas SpA MIL:IG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Italgas 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.

Italgas 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
=( (249.659 + 377.072) / 2 ) / 788.71*365
=313.3655 / 788.71*365
=145.02

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

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (377.072 + 342.3) / 2 ) / 0*365 / 4
=359.686 / 0*365 / 4
=N/A

* 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 0.00 mean?
Italgas SpA (MIL:IG) has a Days Payable of 0.00 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Italgas SpA and its competitors. Over the past decade, Italgas SpA's Days Payable has ranged from 145.02 to 3,149.50. According to the industry distribution chart, Italgas SpA ranks #23 out of 481 companies in the Utilities - Regulated industry, placing it in the top 4.8%.
Is Italgas SpA's Days Payable too high?
Italgas SpA's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 145.02 to a high of 3,149.50. Based on the distribution chart, Italgas SpA ranks #23 out of 481 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Italgas SpA has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Italgas SpA ranks #23 out of 481 companies for Days Payable. This places Italgas SpA in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.61. Historically, Italgas SpA's own Days Payable has ranged from 145.02 to 3,149.50 over the past decade. 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 - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.61, based on 481 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. 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 Italgas SpA and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italgas SpA's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italgas SpA stock overvalued right now?
Based on GuruFocus' analysis, Italgas SpA (MIL:IG) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.19, compared to a current price of €10.47 — trading 27.8% above its estimated fair value. The current Days Payable is 0.00. Italgas SpA's overall GF Score™ is 76/100 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 Italgas SpA (MIL:IG), the current Days Payable is 0.00 as of Mar. 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 Italgas SpA (MIL:IG) Overvalued in 2026?

Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued. The current stock price of €10.47 is trading 27.8% above its estimated GF Value™ of €8.19. GuruFocus considers Italgas SpA to be Modestly Overvalued.

Key valuation signals for MIL:IG:

  • Days Payable: 0.00
  • GF Value™: €8.19 vs. price of €10.47 (27.8% above fair value)
  • GF Score™: 76/100 with 9 warning signs

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


Italgas SpA Business Description

Address Via Carlo Bo 11, Milano, ITA, 20143
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
76GF Score

Get the complete analysis for MIL:IG

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

€10.47
Price
€8.19
GF Value