Piquadro SpAMIL:PQ -0.37%80 Days Payable is 302.18 as of Sep. 2025, which is 20% below its 10-year median of 375.69. GuruFocus rates MIL:PQ with a GF Score™ of 80/100 and a GF Value™ of €2.19 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Piquadro SpA ranks better than 95.09% on this metric.
The historical rank and industry rank for Piquadro SpA's Days Payable or its related term are showing as below:
MIL:PQ'
s Days Payable Range Over the Past 10 Years
Min: 267.78 Med: 375.69 Max: 550.47
Current: 303.33
During the past 13 years, Piquadro SpA's highest Days Payable was 550.47. The lowest was 267.78. And the median was 375.69.
MIL:PQ's Days Payable is ranked better than 95.09% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs MIL:PQ: 303.33
Piquadro SpA's Days Payable
declined
from Sep. 2024 (478.18) to Sep. 2025 (302.18).
It may suggest that Piquadro SpAaccelerated paying its suppliers.
Piquadro SpA Days Payable Related Terms
Piquadro SpA Days Payable Historical Data
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The historical data trend for Piquadro 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.
MIL:PQ vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Piquadro 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.
Piquadro SpA Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Piquadro 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.
Piquadro SpA's Days Payable for the fiscal year that ended in Mar. 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.
Piquadro SpA (MIL:PQ) has a Days Payable of 302.18 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Piquadro SpA and its competitors. This is 20% below median its historical median of 375.69. Over the past decade, Piquadro SpA's Days Payable has ranged from 267.78 to 550.47. According to the industry distribution chart, Piquadro SpA ranks #50 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.9%.
Is Piquadro SpA's Days Payable too high?
Piquadro SpA's current Days Payable of 302.18 is 20% below median its 10-year median of 375.69. Over the past 10 years, this metric has ranged from a low of 267.78 to a high of 550.47. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Piquadro SpA's value of 302.18 is 459.1% above this industry median. Based on the distribution chart, Piquadro SpA ranks #50 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Piquadro SpA has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piquadro SpA's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Piquadro SpA ranks #50 out of 1018 companies for Days Payable. This places Piquadro SpA in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.05. Piquadro SpA's value of 302.18 is 459.1% above this benchmark. Historically, Piquadro SpA's own Days Payable has ranged from 267.78 to 550.47 over the past decade. While the company's 10-year median is 375.69 vs. the industry median of 54.05, Piquadro 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,018 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. Piquadro SpA's current Days Payable of 302.18 is 459.1% 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 Piquadro SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piquadro SpA's current Days Payable is 302.18, which is 20% below median its own 10-year median of 375.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piquadro SpA stock overvalued right now?
Based on GuruFocus' analysis, Piquadro SpA (MIL:PQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.19, compared to a current price of €2.71 — trading 23.7% above its estimated fair value. The current Days Payable is 302.18, which is 20% below median its 10-year median of 375.69 and 459.1% above the Manufacturing - Apparel & Accessories industry median of 54.05. Piquadro SpA's overall GF Score™ is 80/100 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 Piquadro SpA (MIL:PQ), the current Days Payable is 302.18 as of Sep. 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 Piquadro SpA (MIL:PQ) Overvalued in 2026?
Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued.
The current stock price of €2.71 is trading 23.7% above its estimated GF Value™ of €2.19.
GuruFocus considers Piquadro SpA to be Modestly Overvalued.
Key valuation signals for MIL:PQ:
Days Payable: 302.18 (20% below median its 10-year median of 375.69)
GF Value™: €2.19 vs. price of €2.71 (23.7% above fair value)
Industry Position: 459.1% above the Manufacturing - Apparel & Accessories median (#50 of 1018)
No single metric tells the full story. See the MIL:PQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
80GF Score
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