Impianti SpA (MIL:MPT) Days Payable: 103.71 (As of Dec. 2025) — Near Median


MIL:MPT Impianti SpA MIL:MPT
49 GF Score
Price €0.98
GF Value €0.75
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Impianti SpA Days Payable?

Impianti SpA MIL:MPT +2.74% 49 Days Payable is 103.71 as of Dec. 2025, which is 1% above its 10-year median of 102.82. GuruFocus rates MIL:MPT with a GF Score™ of 49/100 and a GF Value™ of €0.75 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,604 Software companies, Impianti SpA ranks better than 74.73% on this metric.

Impianti SpA's average Accounts Payable for the six months ended in Dec. 2025 was €1.86 Mil. Impianti SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €3.28 Mil. Hence, Impianti SpA's Days Payable for the six months ended in Dec. 2025 was 103.71.

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

MIL:MPT' s Days Payable Range Over the Past 10 Years
Min: 0.1   Med: 102.82   Max: 165.71
Current: 127.15

During the past 6 years, Impianti SpA's highest Days Payable was 165.71. The lowest was 0.10. And the median was 102.82.

MIL:MPT's Days Payable is ranked better than
74.73% of 2604 companies
in the Software industry
Industry Median: 53.955 vs MIL:MPT: 127.15

Impianti SpA's Days Payable declined from Dec. 2024 (107.64) to Dec. 2025 (103.71). It may suggest that Impianti SpA accelerated paying its suppliers.


Impianti SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Impianti 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.

Impianti SpA Days Payable Chart

Impianti SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.17 86.63 165.71 119.00 145.72

Impianti SpA Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 113.70 90.67 107.64 139.79 103.71

MIL:MPT vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Impianti 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.


Impianti SpA Days Payable vs Software Industry

For the Software industry and Technology sector, Impianti SpA's Days Payable distribution charts can be found below:

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


MIL:MPT
49GF Score
Impianti SpA MIL:MPT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Impianti 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.

Impianti 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
=( (1.908 + 2.399) / 2 ) / 5.394*365
=2.1535 / 5.394*365
=145.72

Impianti 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
=( (1.329 + 2.399) / 2 ) / 3.28*365 / 2
=1.864 / 3.28*365 / 2
=103.71

* 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 103.71 mean?
Impianti SpA (MIL:MPT) has a Days Payable of 103.71 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 Impianti SpA and its competitors. This is near median its historical median of 102.82. Over the past decade, Impianti SpA's Days Payable has ranged from 0.10 to 165.71. According to the industry distribution chart, Impianti SpA ranks #658 out of 2604 companies in the Software industry, placing it in the top 25.3%.
Is Impianti SpA's Days Payable too high?
Impianti SpA's current Days Payable of 103.71 is near median its 10-year median of 102.82. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 165.71. The Software industry median Days Payable is 53.96. Impianti SpA's value of 103.71 is 92.2% above this industry median. Based on the distribution chart, Impianti SpA ranks #658 out of 2604 companies in the Software industry, which is above the industry midpoint. Overall, Impianti SpA has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impianti SpA's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Impianti SpA ranks #658 out of 2604 companies for Days Payable. This puts Impianti SpA in the upper half of its industry. The industry median Days Payable is 53.96. Impianti SpA's value of 103.71 is 92.2% above this benchmark. Historically, Impianti SpA's own Days Payable has ranged from 0.10 to 165.71 over the past decade. While the company's 10-year median is 102.82 vs. the industry median of 53.96, Impianti 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 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. Impianti SpA's current Days Payable of 103.71 is 92.2% 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 Impianti SpA and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impianti SpA's current Days Payable is 103.71, which is near median its own 10-year median of 102.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impianti SpA stock overvalued right now?
Based on GuruFocus' analysis, Impianti SpA (MIL:MPT) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.75, compared to a current price of €0.98 — trading 30.1% above its estimated fair value. The current Days Payable is 103.71, which is near median its 10-year median of 102.82 and 92.2% above the Software industry median of 53.96. Impianti SpA's overall GF Score™ is 49/100 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 Impianti SpA (MIL:MPT), the current Days Payable is 103.71 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 Impianti SpA (MIL:MPT) Overvalued in 2026?

Based on GuruFocus' analysis, Impianti SpA stock appears to be overvalued. The current stock price of €0.98 is trading 30.1% above its estimated GF Value™ of €0.75. GuruFocus considers Impianti SpA to be Modestly Overvalued.

Key valuation signals for MIL:MPT:

  • Days Payable: 103.71 (near median its 10-year median of 102.82)
  • GF Value™: €0.75 vs. price of €0.98 (30.1% above fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 92.2% above the Software median (#658 of 2604)

No single metric tells the full story. See the MIL:MPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Impianti SpA Business Description

Address Via della Valle, 46/a, Carate Brianza, ITA, 20841
Impianti SpA operates as an infrastructural System Integrator. It provides information, communication technology, audio, and video system integrating services. Its portfolio of solutions and services is in the fields of ICT/AV, UCC, SD-Wan & Mobile Data Solutions, Mobile & Rugged Devices, Cyber Security, IoT, Data Centers, and Cabling Systems, as well as in the ecosystem areas in relation to the three video communication brands, such as Microsoft Teams, Zoom, and Google Meet.
49GF Score

Get the complete analysis for MIL:MPT

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

€0.98
Price
€0.75
GF Value