Ivision Tech SpAMIL:IVN 31 Days Payable is 296.31 as of Dec. 2025, which is 61% below its 10-year median of 754.00. GuruFocus rates MIL:IVN with a GF Score™ of 31/100 and a GF Value™ of €3.12 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Ivision Tech SpA ranks better than 95.87% on this metric.
The historical rank and industry rank for Ivision Tech SpA's Days Payable or its related term are showing as below:
MIL:IVN'
s Days Payable Range Over the Past 10 Years
Min: 337.62 Med: 754 Max: 972.52
Current: 337.62
During the past 5 years, Ivision Tech SpA's highest Days Payable was 972.52. The lowest was 337.62. And the median was 754.00.
MIL:IVN's Days Payable is ranked better than 95.87% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs MIL:IVN: 337.62
Ivision Tech SpA's Days Payable
declined
from Dec. 2024 (370.58) to Dec. 2025 (296.31).
It may suggest that Ivision Tech SpAaccelerated paying its suppliers.
Ivision Tech SpA Days Payable Related Terms
Ivision Tech SpA Days Payable Historical Data
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The historical data trend for Ivision Tech 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:IVN vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Ivision Tech 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.
Ivision Tech SpA Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ivision Tech SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Ivision Tech 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.
Ivision Tech 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.
Ivision Tech SpA (MIL:IVN) has a Days Payable of 296.31 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 Ivision Tech SpA and its competitors. This is 61% below median its historical median of 754.00. Over the past decade, Ivision Tech SpA's Days Payable has ranged from 337.62 to 972.52. According to the industry distribution chart, Ivision Tech SpA ranks #42 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.1%.
Is Ivision Tech SpA's Days Payable too high?
Ivision Tech SpA's current Days Payable of 296.31 is 61% below median its 10-year median of 754.00. Over the past 10 years, this metric has ranged from a low of 337.62 to a high of 972.52. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Ivision Tech SpA's value of 296.31 is 448.3% above this industry median. Based on the distribution chart, Ivision Tech SpA ranks #42 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ivision Tech SpA has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ivision Tech SpA's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ivision Tech SpA ranks #42 out of 1016 companies for Days Payable. This places Ivision Tech SpA in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.05. Ivision Tech SpA's value of 296.31 is 448.3% above this benchmark. Historically, Ivision Tech SpA's own Days Payable has ranged from 337.62 to 972.52 over the past decade. While the company's 10-year median is 754.00 vs. the industry median of 54.05, Ivision Tech 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,016 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. Ivision Tech SpA's current Days Payable of 296.31 is 448.3% 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 Ivision Tech SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ivision Tech SpA's current Days Payable is 296.31, which is 61% below median its own 10-year median of 754.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ivision Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, Ivision Tech SpA (MIL:IVN) is currently considered Possible Value Trap. The stock's GF Value™ is €3.12, compared to a current price of €1.80 — trading 42.3% below its estimated fair value. The current Days Payable is 296.31, which is 61% below median its 10-year median of 754.00 and 448.3% above the Manufacturing - Apparel & Accessories industry median of 54.05. Ivision Tech SpA's overall GF Score™ is 31/100 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 Ivision Tech SpA (MIL:IVN), the current Days Payable is 296.31 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 Ivision Tech SpA (MIL:IVN) Overvalued in 2026?
Based on GuruFocus' analysis, Ivision Tech SpA stock appears to be undervalued.
The current stock price of €1.80 is trading 42.3% below its estimated GF Value™ of €3.12.
GuruFocus considers Ivision Tech SpA to be Possible Value Trap.
Key valuation signals for MIL:IVN:
Days Payable: 296.31 (61% below median its 10-year median of 754.00)
GF Value™: €3.12 vs. price of €1.80 (42.3% below fair value)
Industry Position: 448.3% above the Manufacturing - Apparel & Accessories median (#42 of 1016)
No single metric tells the full story. See the MIL:IVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ivision Tech SpA is an SME active in the sector of design and production of eyeglass frames, prescription and sunglasses, in acetate and combined, representing a reality of excellence in Made in Italy manufacturing. The company operates in two divisions: iVision Eyewear and iVision R&D. iVision Eyewear is active in the design, development of prototypes, industrialization, and mass production phases of acetate eyewear, for which it uses cutting-edge machinery and software. iVision R&D is active in research and development with the aiming of applying increasingly advance technologies to eyewear.
31GF Score
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