Pattern SpA (MIL:PTR) Days Payable: 110.09 (As of Dec. 2025) — 12% Below Median


MIL:PTR Pattern SpA MIL:PTR
63 GF Score
Price €2.64
GF Value €4.94
Valuation Possible Value Trap
! 6 Warning Signs
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What is Pattern SpA Days Payable?

Pattern SpA MIL:PTR -2.94% 63 Days Payable is 110.09 as of Dec. 2025, which is 12% below its 10-year median of 124.48. GuruFocus rates MIL:PTR with a GF Score™ of 63/100 and a GF Value™ of €4.94 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Pattern SpA ranks better than 80.51% on this metric.

Pattern SpA's average Accounts Payable for the six months ended in Dec. 2025 was €20.3 Mil. Pattern SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €33.7 Mil. Hence, Pattern SpA's Days Payable for the six months ended in Dec. 2025 was 110.09.

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

MIL:PTR' s Days Payable Range Over the Past 10 Years
Min: 98.61   Med: 124.48   Max: 252
Current: 117.24

During the past 10 years, Pattern SpA's highest Days Payable was 252.00. The lowest was 98.61. And the median was 124.48.

MIL:PTR's Days Payable is ranked better than
80.51% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs MIL:PTR: 117.24

Pattern SpA's Days Payable increased from Dec. 2024 (99.05) to Dec. 2025 (110.09). It may suggest that Pattern SpA delayed paying its suppliers.


Pattern SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Pattern 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.

Pattern SpA Days Payable Chart

Pattern SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.00 250.92 103.44 98.61 104.40

Pattern SpA Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.71 129.36 99.05 140.71 110.09

MIL:PTR vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Pattern 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.


Pattern SpA Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pattern SpA's Days Payable distribution charts can be found below:

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


MIL:PTR
63GF Score
Pattern SpA MIL:PTR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pattern 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.

Pattern 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
=( (17.648 + 16.934) / 2 ) / 60.455*365
=17.291 / 60.455*365
=104.40

Pattern 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
=( (23.675 + 16.934) / 2 ) / 33.658*365 / 2
=20.3045 / 33.658*365 / 2
=110.09

* 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 110.09 mean?
Pattern SpA (MIL:PTR) has a Days Payable of 110.09 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 Pattern SpA and its competitors. This is 12% below median its historical median of 124.48. Over the past decade, Pattern SpA's Days Payable has ranged from 98.61 to 252.00. According to the industry distribution chart, Pattern SpA ranks #198 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 19.5%.
Is Pattern SpA's Days Payable too high?
Pattern SpA's current Days Payable of 110.09 is 12% below median its 10-year median of 124.48. Over the past 10 years, this metric has ranged from a low of 98.61 to a high of 252.00. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Pattern SpA's value of 110.09 is 103.7% above this industry median. Based on the distribution chart, Pattern SpA ranks #198 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Pattern SpA has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pattern SpA's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Pattern SpA ranks #198 out of 1016 companies for Days Payable. This places Pattern SpA in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.05. Pattern SpA's value of 110.09 is 103.7% above this benchmark. Historically, Pattern SpA's own Days Payable has ranged from 98.61 to 252.00 over the past decade. While the company's 10-year median is 124.48 vs. the industry median of 54.05, Pattern 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 1,016 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. Pattern SpA's current Days Payable of 110.09 is 103.7% 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 Pattern 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. Pattern SpA's current Days Payable is 110.09, which is 12% below median its own 10-year median of 124.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pattern SpA stock overvalued right now?
Based on GuruFocus' analysis, Pattern SpA (MIL:PTR) is currently considered Possible Value Trap. The stock's GF Value™ is €4.94, compared to a current price of €2.64 — trading 46.6% below its estimated fair value. The current Days Payable is 110.09, which is 12% below median its 10-year median of 124.48 and 103.7% above the Manufacturing - Apparel & Accessories industry median of 54.05. Pattern SpA's overall GF Score™ is 63/100 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 Pattern SpA (MIL:PTR), the current Days Payable is 110.09 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 Pattern SpA (MIL:PTR) Overvalued in 2026?

Based on GuruFocus' analysis, Pattern SpA stock appears to be undervalued. The current stock price of €2.64 is trading 46.6% below its estimated GF Value™ of €4.94. GuruFocus considers Pattern SpA to be Possible Value Trap.

Key valuation signals for MIL:PTR:

  • Days Payable: 110.09 (12% below median its 10-year median of 124.48)
  • GF Value™: €4.94 vs. price of €2.64 (46.6% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 103.7% above the Manufacturing - Apparel & Accessories median (#198 of 1016)

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


Pattern SpA Business Description

Address via Italia 4, Collegno, Torino, ITA
Pattern SpA is an Italian Luxury Engineering & Production Hub, covering the main product categories (men's and women's lines, clothing and accessories, woven fabric, knitwear, and leather goods), starting from the research and engineering phase up to production, and revolves around five industrial hubs.
63GF Score

Get the complete analysis for MIL:PTR

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

€2.64
Price
€4.94
GF Value