Litix SpA (MIL:LTX) Days Payable: 0.00 (As of Jun. 2025)


MIL:LTX Litix SpA MIL:LTX
16 GF Score
Price €0.77
! 3 Warning Signs
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What is Litix SpA Days Payable?

Litix SpA MIL:LTX +6.21% 16 Days Payable is 0.00 as of Jun. 2025. GuruFocus rates MIL:LTX with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 2,992 Industrial Products companies, Litix SpA ranks better than 97.63% on this metric.

Litix SpA's average Accounts Payable for the six months ended in Jun. 2025 was €0.65 Mil. Litix SpA's Cost of Goods Sold for the six months ended in Jun. 2025 was €-0.17 Mil.

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

MIL:LTX' s Days Payable Range Over the Past 10 Years
Min: 74.24   Med: 156.18   Max: 496.03
Current: 443.77

During the past 4 years, Litix SpA's highest Days Payable was 496.03. The lowest was 74.24. And the median was 156.18.

MIL:LTX's Days Payable is ranked better than
97.63% of 2992 companies
in the Industrial Products industry
Industry Median: 78.08 vs MIL:LTX: 443.77

Litix SpA's Days Payable declined from Jun. 2024 (129.16) to Jun. 2025 (0.00). It may suggest that Litix SpA accelerated paying its suppliers.


Litix SpA Days Payable Historical Data

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The historical data trend for Litix 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.

Litix SpA Days Payable Chart

Litix SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
74.24 496.03 156.18 446.38

Litix SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial 0.00 129.16 356.58 0.00 168.33

MIL:LTX vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Litix 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.


Litix SpA Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Litix SpA's Days Payable distribution charts can be found below:

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


MIL:LTX
16GF Score
Litix SpA MIL:LTX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Litix 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.

Litix SpA's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.675 + 0.66) / 2 ) / 1.56*365
=0.6675 / 1.56*365
=156.18

Litix SpA's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (0.66 + 0.644) / 2 ) / -0.166*365 / 2
=0.652 / -0.166*365 / 2
=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?
Litix SpA (MIL:LTX) has a Days Payable of 0.00 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Litix SpA and its competitors. Over the past decade, Litix SpA's Days Payable has ranged from 74.24 to 496.03. According to the industry distribution chart, Litix SpA ranks #71 out of 2992 companies in the Industrial Products industry, placing it in the top 2.4%.
Is Litix SpA's Days Payable too high?
Litix SpA's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 74.24 to a high of 496.03. Based on the distribution chart, Litix SpA ranks #71 out of 2992 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Litix SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Litix SpA's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Litix SpA ranks #71 out of 2992 companies for Days Payable. This places Litix SpA in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.08. Historically, Litix SpA's own Days Payable has ranged from 74.24 to 496.03 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 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 Litix SpA and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Litix 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 Litix SpA stock overvalued right now?
Litix SpA (MIL:LTX) has a current Days Payable of 0.00. The current Days Payable is 0.00. Litix SpA's overall GF Score™ is 16/100 with 3 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 Litix SpA (MIL:LTX), the current Days Payable is 0.00 as of Jun. 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.

Litix SpA Business Description

Address Via Fantiscritti snc, Carrara, ITA, 54033
Litix SpA is a company active in the artistic marble processing sector. Its products and technologies are divided into the Robotor, Torart, and Aivox business units. The Robotor system is composed of (i) the software for CNC machining, (ii) the anthropomorphic robot, and (iii) accessories for greater control and optimization of the machining process. The Torart business unit uses the anthropomorphic robots of the Robotor business unit to create the works of the greatest architects, designers and artists in the world. Through the Aivox business unit the Group deals with both the development of products, processes and technologies, and 3D printing production.
16GF Score

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

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