Mare Engineering Group SpA (MIL:MARE) Days Payable: 501.14 (As of Dec. 2025) — 44% Below Median


MIL:MARE Mare Engineering Group SpA MIL:MARE
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What is Mare Engineering Group SpA Days Payable?

Mare Engineering Group SpA MIL:MARE +2.58% 12 Days Payable is 501.14 as of Dec. 2025, which is 44% below its 10-year median of 900.93. GuruFocus rates MIL:MARE with a GF Score™ of 12/100. The stock has 6 warning signs investors should review. Among 1,710 Construction companies, Mare Engineering Group SpA ranks better than 97.95% on this metric.

Mare Engineering Group SpA's average Accounts Payable for the six months ended in Dec. 2025 was €14.12 Mil. Mare Engineering Group SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €5.14 Mil. Hence, Mare Engineering Group SpA's Days Payable for the six months ended in Dec. 2025 was 501.14.

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

MIL:MARE' s Days Payable Range Over the Past 10 Years
Min: 532.9   Med: 900.93   Max: 1268.96
Current: 1204.27

During the past 5 years, Mare Engineering Group SpA's highest Days Payable was 1268.96. The lowest was 532.90. And the median was 900.93.

MIL:MARE's Days Payable is ranked better than
97.95% of 1710 companies
in the Construction industry
Industry Median: 76.79 vs MIL:MARE: 1204.27

Mare Engineering Group SpA's Days Payable increased from Dec. 2024 (187.37) to Dec. 2025 (501.14). It may suggest that Mare Engineering Group SpA delayed paying its suppliers.


Mare Engineering Group SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Mare Engineering Group 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.

Mare Engineering Group SpA Days Payable Chart

Mare Engineering Group SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 0.00 0.00 532.90 1,268.96

Mare Engineering Group SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only 0.00 0.00 187.37 0.00 501.14

MIL:MARE vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Mare Engineering Group 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.


Mare Engineering Group SpA Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Mare Engineering Group SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Mare Engineering Group SpA's Days Payable falls into.


MIL:MARE
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Mare Engineering Group SpA MIL:MARE
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Mare Engineering Group 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.

Mare Engineering Group 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
=( (8.764 + 17.234) / 2 ) / 3.739*365
=12.999 / 3.739*365
=1,268.96

Mare Engineering Group 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
=( (11.011 + 17.234) / 2 ) / 5.143*365 / 2
=14.1225 / 5.143*365 / 2
=501.14

* 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 501.14 mean?
Mare Engineering Group SpA (MIL:MARE) has a Days Payable of 501.14 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 Mare Engineering Group SpA and its competitors. This is 44% below median its historical median of 900.93. Over the past decade, Mare Engineering Group SpA's Days Payable has ranged from 532.90 to 1,268.96. According to the industry distribution chart, Mare Engineering Group SpA ranks #35 out of 1710 companies in the Construction industry, placing it in the top 2%.
Is Mare Engineering Group SpA's Days Payable too high?
Mare Engineering Group SpA's current Days Payable of 501.14 is 44% below median its 10-year median of 900.93. Over the past 10 years, this metric has ranged from a low of 532.90 to a high of 1,268.96. The Construction industry median Days Payable is 76.79. Mare Engineering Group SpA's value of 501.14 is 552.6% above this industry median. Based on the distribution chart, Mare Engineering Group SpA ranks #35 out of 1710 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Mare Engineering Group SpA has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mare Engineering Group SpA's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Mare Engineering Group SpA ranks #35 out of 1710 companies for Days Payable. This places Mare Engineering Group SpA in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.79. Mare Engineering Group SpA's value of 501.14 is 552.6% above this benchmark. Historically, Mare Engineering Group SpA's own Days Payable has ranged from 532.90 to 1,268.96 over the past decade. While the company's 10-year median is 900.93 vs. the industry median of 76.79, Mare Engineering Group 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. Mare Engineering Group SpA's current Days Payable of 501.14 is 552.6% 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 Mare Engineering Group 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. Mare Engineering Group SpA's current Days Payable is 501.14, which is 44% below median its own 10-year median of 900.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mare Engineering Group SpA stock overvalued right now?
Mare Engineering Group SpA (MIL:MARE) has a current Days Payable of 501.14. The current Days Payable is 501.14, which is 44% below median its 10-year median of 900.93 and 552.6% above the Construction industry median of 76.79. Mare Engineering Group SpA's overall GF Score™ is 12/100 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 Mare Engineering Group SpA (MIL:MARE), the current Days Payable is 501.14 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.

Mare Engineering Group SpA Business Description

Other Exchanges EZ3:Germany
Address Via ex Aeroporto, snc, c/o Il Sole Consortium, Lot XI, Pomigliano d'Arc, Naples, ITA, 80038
Mare Engineering Group SpA is an engineering consultancy company that has an objective to deliver engineering services to large companies.
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