Novamarine SpAMIL:NOVA -1.10%17 Days Payable is 94.75 as of Dec. 2025, which is 29% below its 10-year median of 133.63. GuruFocus rates MIL:NOVA with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Novamarine SpA ranks better than 81.49% on this metric.
The historical rank and industry rank for Novamarine SpA's Days Payable or its related term are showing as below:
MIL:NOVA'
s Days Payable Range Over the Past 10 Years
Min: 123.48 Med: 133.63 Max: 213
Current: 143.85
During the past 5 years, Novamarine SpA's highest Days Payable was 213.00. The lowest was 123.48. And the median was 133.63.
MIL:NOVA's Days Payable is ranked better than 81.49% of 1313
companies
in the Vehicles & Parts industry
Industry Median: 67.12
vs MIL:NOVA: 143.85
Novamarine SpA's Days Payable
increased
from Dec. 2024 (0.00) to Dec. 2025 (94.75).
It may suggest that Novamarine SpAdelayed paying its suppliers.
Novamarine SpA Days Payable Related Terms
Novamarine SpA Days Payable Historical Data
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The historical data trend for Novamarine 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 Recreational Vehicles subindustry, Novamarine 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.
Novamarine SpA Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Novamarine SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Novamarine 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.
Novamarine 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.
Novamarine SpA (MIL:NOVA) has a Days Payable of 94.75 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 Novamarine SpA and its competitors. This is 29% below median its historical median of 133.63. Over the past decade, Novamarine SpA's Days Payable has ranged from 123.48 to 213.00. According to the industry distribution chart, Novamarine SpA ranks #243 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 18.5%.
Is Novamarine SpA's Days Payable too high?
Novamarine SpA's current Days Payable of 94.75 is 29% below median its 10-year median of 133.63. Over the past 10 years, this metric has ranged from a low of 123.48 to a high of 213.00. The Vehicles & Parts industry median Days Payable is 67.12. Novamarine SpA's value of 94.75 is 41.2% above this industry median. Based on the distribution chart, Novamarine SpA ranks #243 out of 1313 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Novamarine SpA has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Novamarine SpA's Days Payable compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, Novamarine SpA ranks #243 out of 1313 companies for Days Payable. This places Novamarine SpA in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.12. Novamarine SpA's value of 94.75 is 41.2% above this benchmark. Historically, Novamarine SpA's own Days Payable has ranged from 123.48 to 213.00 over the past decade. While the company's 10-year median is 133.63 vs. the industry median of 67.12, Novamarine 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. Novamarine SpA's current Days Payable of 94.75 is 41.2% 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 Novamarine SpA and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novamarine SpA's current Days Payable is 94.75, which is 29% below median its own 10-year median of 133.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novamarine SpA stock overvalued right now?
Novamarine SpA (MIL:NOVA) has a current Days Payable of 94.75. The current Days Payable is 94.75, which is 29% below median its 10-year median of 133.63 and 41.2% above the Vehicles & Parts industry median of 67.12. Novamarine SpA's overall GF Score™ is 17/100 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 Novamarine SpA (MIL:NOVA), the current Days Payable is 94.75 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.
Novamarine SpA is a company active in the design, production and marketing of high-performance pleasure boats in the pleasure and professional segments.
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