Magis SpAMIL:MGS -0.50%60 Days Payable is 98.23 as of Dec. 2025, which is 6% below its 10-year median of 104.95. GuruFocus rates MIL:MGS with a GF Score™ of 60/100 and a GF Value™ of €11.35 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,560 Chemicals companies, Magis SpA ranks better than 77.44% on this metric.
Magis SpA's average Accounts Payable for the
six
months ended in Dec. 2025 was €11.94 Mil. Magis SpA's Cost of Goods Sold for the
six
months ended in Dec. 2025 was €22.18 Mil.
Hence, Magis SpA's Days Payable for the
six
months ended in Dec. 2025 was 98.23.
The historical rank and industry rank for Magis SpA's Days Payable or its related term are showing as below:
MIL:MGS'
s Days Payable Range Over the Past 10 Years
Min: 68.97 Med: 104.95 Max: 124.36
Current: 104.16
During the past 6 years, Magis SpA's highest Days Payable was 124.36. The lowest was 68.97. And the median was 104.95.
MIL:MGS's Days Payable is ranked better than 77.44% of 1560
companies
in the Chemicals industry
Industry Median: 59.915
vs MIL:MGS: 104.16
Magis SpA's Days Payable
declined
from Dec. 2024 (142.85) to Dec. 2025 (98.23).
It may suggest that Magis SpAaccelerated paying its suppliers.
Magis SpA Days Payable Related Terms
Magis SpA Days Payable Historical Data
* Premium members only.
The historical data trend for Magis 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.
For the Specialty Chemicals subindustry, Magis 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.
Magis SpA Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Magis SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Magis 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.
Magis 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.
Magis SpA (MIL:MGS) has a Days Payable of 98.23 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 Magis SpA and its competitors. This is near median its historical median of 104.95. Over the past decade, Magis SpA's Days Payable has ranged from 68.97 to 124.36. According to the industry distribution chart, Magis SpA ranks #352 out of 1560 companies in the Chemicals industry, placing it in the top 22.6%.
Is Magis SpA's Days Payable too high?
Magis SpA's current Days Payable of 98.23 is near median its 10-year median of 104.95. Over the past 10 years, this metric has ranged from a low of 68.97 to a high of 124.36. The Chemicals industry median Days Payable is 59.92. Magis SpA's value of 98.23 is 63.9% above this industry median. Based on the distribution chart, Magis SpA ranks #352 out of 1560 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Magis SpA has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magis SpA's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Magis SpA ranks #352 out of 1560 companies for Days Payable. This places Magis SpA in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.92. Magis SpA's value of 98.23 is 63.9% above this benchmark. Historically, Magis SpA's own Days Payable has ranged from 68.97 to 124.36 over the past decade. While the company's 10-year median is 104.95 vs. the industry median of 59.92, Magis 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.92, based on 1,560 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. Magis SpA's current Days Payable of 98.23 is 63.9% 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 Magis SpA and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magis SpA's current Days Payable is 98.23, which is near median its own 10-year median of 104.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magis SpA stock overvalued right now?
Based on GuruFocus' analysis, Magis SpA (MIL:MGS) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.35, compared to a current price of €9.95 — trading 12.3% below its estimated fair value. The current Days Payable is 98.23, which is near median its 10-year median of 104.95 and 63.9% above the Chemicals industry median of 59.92. Magis SpA's overall GF Score™ is 60/100 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 Magis SpA (MIL:MGS), the current Days Payable is 98.23 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 Magis SpA (MIL:MGS) Overvalued in 2026?
Based on GuruFocus' analysis, Magis SpA stock appears to be undervalued.
The current stock price of €9.95 is trading 12.3% below its estimated GF Value™ of €11.35.
GuruFocus considers Magis SpA to be Modestly Undervalued.
Key valuation signals for MIL:MGS:
Days Payable: 98.23 (near median its 10-year median of 104.95)
GF Value™: €11.35 vs. price of €9.95 (12.3% below fair value)
Industry Position: 63.9% above the Chemicals median (#352 of 1560)
No single metric tells the full story. See the MIL:MGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magis SpA engages in the production of customized adhesive tapes, packaging products, and closure systems for disposable nappies and adult incontinence products. Its products comprise Bopp tapes, Bopet tapes, Duct tapes, Crepe tapes, and Mopp tapes.
60GF Score
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