Lemon Sistemi SpA (MIL:LS) Days Payable: 169.04 (As of Dec. 2025) — 44% Below Median


MIL:LS Lemon Sistemi SpA MIL:LS
13 GF Score
Price €1.65
! 6 Warning Signs
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What is Lemon Sistemi SpA Days Payable?

Lemon Sistemi SpA MIL:LS +1.23% 13 Days Payable is 169.04 as of Dec. 2025, which is 44% below its 10-year median of 299.37. GuruFocus rates MIL:LS with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 999 Semiconductors companies, Lemon Sistemi SpA ranks worse than 100100% on this metric.

Lemon Sistemi SpA's average Accounts Payable for the six months ended in Dec. 2025 was €1.68 Mil. Lemon Sistemi SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €1.81 Mil. Hence, Lemon Sistemi SpA's Days Payable for the six months ended in Dec. 2025 was 169.04.

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

During the past 5 years, Lemon Sistemi SpA's highest Days Payable was 387.01. The lowest was 246.08. And the median was 299.37.

MIL:LS's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 53.06
* Ranked among companies with meaningful Days Payable only.

Lemon Sistemi SpA's Days Payable increased from Dec. 2024 (0.00) to Dec. 2025 (169.04). It may suggest that Lemon Sistemi SpA delayed paying its suppliers.


Lemon Sistemi SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Lemon Sistemi 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.

Lemon Sistemi SpA Days Payable Chart

Lemon Sistemi SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
387.01 299.37 246.08 0.00 0.00

Lemon Sistemi SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 181.87 0.00 0.00 0.00 169.04

MIL:LS vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Lemon Sistemi 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.


Lemon Sistemi SpA Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Lemon Sistemi SpA's Days Payable distribution charts can be found below:

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


MIL:LS
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Lemon Sistemi SpA MIL:LS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lemon Sistemi 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.

Lemon Sistemi 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
=( (1.229 + 2.206) / 2 ) / -0.016*365
=1.7175 / -0.016*365
=N/A

Lemon Sistemi 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
=( (1.147 + 2.206) / 2 ) / 1.81*365 / 2
=1.6765 / 1.81*365 / 2
=169.04

* 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 169.04 mean?
Lemon Sistemi SpA (MIL:LS) has a Days Payable of 169.04 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 Lemon Sistemi SpA and its competitors. This is 44% below median its historical median of 299.37. Over the past decade, Lemon Sistemi SpA's Days Payable has ranged from 246.08 to 387.01. According to the industry distribution chart, Lemon Sistemi SpA ranks #999999 out of 999 companies in the Semiconductors industry.
Is Lemon Sistemi SpA's Days Payable too high?
Lemon Sistemi SpA's current Days Payable of 169.04 is 44% below median its 10-year median of 299.37. Over the past 10 years, this metric has ranged from a low of 246.08 to a high of 387.01. The Semiconductors industry median Days Payable is 53.06. Lemon Sistemi SpA's value of 169.04 is 218.6% above this industry median. Based on the distribution chart, Lemon Sistemi SpA ranks #999999 out of 999 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Lemon Sistemi SpA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Lemon Sistemi SpA's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Lemon Sistemi SpA ranks #999999 out of 999 companies for Days Payable. This places Lemon Sistemi SpA in the lower half of its industry. The industry median Days Payable is 53.06. Lemon Sistemi SpA's value of 169.04 is 218.6% above this benchmark. Historically, Lemon Sistemi SpA's own Days Payable has ranged from 246.08 to 387.01 over the past decade. While the company's 10-year median is 299.37 vs. the industry median of 53.06, Lemon Sistemi 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Lemon Sistemi SpA's current Days Payable of 169.04 is 218.6% 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 Lemon Sistemi SpA and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lemon Sistemi SpA's current Days Payable is 169.04, which is 44% below median its own 10-year median of 299.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lemon Sistemi SpA stock overvalued right now?
Lemon Sistemi SpA (MIL:LS) has a current Days Payable of 169.04. The current Days Payable is 169.04, which is 44% below median its 10-year median of 299.37 and 218.6% above the Semiconductors industry median of 53.06. Lemon Sistemi SpA's overall GF Score™ is 13/100 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 Lemon Sistemi SpA (MIL:LS), the current Days Payable is 169.04 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.

Lemon Sistemi SpA Business Description

Address Via IV Novembre, Balestrate, ITA, 6090041
Lemon Sistemi SpA is an Italian company that specializes in solar energy systems. It focuses on designing, installing, and maintaining photovoltaic systems for homes and businesses. Its product portfolio includes Sunpower photovoltaic, Solar Thermal, Renewable heating systems, Storage systems, and Electric car charging stations.
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