Racing Force SpA (MIL:RFG) Days Payable: 215.63 (As of Dec. 2025) — 15% Above Median


MIL:RFG Racing Force SpA MIL:RFG
83 GF Score
Price €4.66
GF Value €5.43
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Racing Force SpA Days Payable?

Racing Force SpA MIL:RFG 83 Days Payable is 215.63 as of Dec. 2025, which is 15% above its 10-year median of 186.77. GuruFocus rates MIL:RFG with a GF Score™ of 83/100 and a GF Value™ of €5.43 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 780 Travel & Leisure companies, Racing Force SpA ranks better than 83.33% on this metric.

Racing Force SpA's average Accounts Payable for the six months ended in Dec. 2025 was €14.34 Mil. Racing Force SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €12.13 Mil. Hence, Racing Force SpA's Days Payable for the six months ended in Dec. 2025 was 215.63.

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

MIL:RFG' s Days Payable Range Over the Past 10 Years
Min: 171.91   Med: 186.77   Max: 205.83
Current: 183.78

During the past 6 years, Racing Force SpA's highest Days Payable was 205.83. The lowest was 171.91. And the median was 186.77.

MIL:RFG's Days Payable is ranked better than
83.33% of 780 companies
in the Travel & Leisure industry
Industry Median: 56.525 vs MIL:RFG: 183.78

Racing Force SpA's Days Payable increased from Dec. 2024 (191.49) to Dec. 2025 (215.63). It may suggest that Racing Force SpA delayed paying its suppliers.


Racing Force SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Racing Force 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.

Racing Force SpA Days Payable Chart

Racing Force SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 171.91 190.83 188.35 172.50 185.18

Racing Force SpA Semi-Annual Data
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 228.00 150.34 191.49 156.26 215.63

MIL:RFG vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, Racing Force 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.


Racing Force SpA Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Racing Force SpA's Days Payable distribution charts can be found below:

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


MIL:RFG
83GF Score
Racing Force SpA MIL:RFG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Racing Force 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.

Racing Force 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
=( (11.892 + 15.357) / 2 ) / 26.855*365
=13.6245 / 26.855*365
=185.18

Racing Force 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
=( (13.317 + 15.357) / 2 ) / 12.134*365 / 2
=14.337 / 12.134*365 / 2
=215.63

* 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 215.63 mean?
Racing Force SpA (MIL:RFG) has a Days Payable of 215.63 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 Racing Force SpA and its competitors. This is 15% above median its historical median of 186.77. Over the past decade, Racing Force SpA's Days Payable has ranged from 171.91 to 205.83. According to the industry distribution chart, Racing Force SpA ranks #130 out of 780 companies in the Travel & Leisure industry, placing it in the top 16.7%.
Is Racing Force SpA's Days Payable too high?
Racing Force SpA's current Days Payable of 215.63 is 15% above median its 10-year median of 186.77. Over the past 10 years, this metric has ranged from a low of 171.91 to a high of 205.83. The Travel & Leisure industry median Days Payable is 56.53. Racing Force SpA's value of 215.63 is 281.5% above this industry median. Based on the distribution chart, Racing Force SpA ranks #130 out of 780 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Racing Force SpA has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Racing Force SpA's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Racing Force SpA ranks #130 out of 780 companies for Days Payable. This places Racing Force SpA in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.53. Racing Force SpA's value of 215.63 is 281.5% above this benchmark. Historically, Racing Force SpA's own Days Payable has ranged from 171.91 to 205.83 over the past decade. While the company's 10-year median is 186.77 vs. the industry median of 56.53, Racing Force 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.53, based on 780 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. Racing Force SpA's current Days Payable of 215.63 is 281.5% 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 Racing Force SpA and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Racing Force SpA's current Days Payable is 215.63, which is 15% above median its own 10-year median of 186.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Racing Force SpA stock overvalued right now?
Based on GuruFocus' analysis, Racing Force SpA (MIL:RFG) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.43, compared to a current price of €4.66 — trading 14.2% below its estimated fair value. The current Days Payable is 215.63, which is 15% above median its 10-year median of 186.77 and 281.5% above the Travel & Leisure industry median of 56.53. Racing Force SpA's overall GF Score™ is 83/100 with 1 warning sign 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 Racing Force SpA (MIL:RFG), the current Days Payable is 215.63 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 Racing Force SpA (MIL:RFG) Overvalued in 2026?

Based on GuruFocus' analysis, Racing Force SpA stock appears to be undervalued. The current stock price of €4.66 is trading 14.2% below its estimated GF Value™ of €5.43. GuruFocus considers Racing Force SpA to be Modestly Undervalued.

Key valuation signals for MIL:RFG:

  • Days Payable: 215.63 (15% above median its 10-year median of 186.77)
  • GF Value™: €5.43 vs. price of €4.66 (14.2% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 281.5% above the Travel & Leisure median (#130 of 780)

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


Racing Force SpA Business Description

Other Exchanges ALRFG:FranceX7Q:Germany
Address Via Bazzano 5, Ronco Scrivia, Genoa, ITA, 16019
Racing Force SpA operates in the production of safety equipment for the racing and motorsports industry and conducts essentially complementary business activities. Its product range spans suits, gloves, shoes, seats, harnesses, helmets, rollbars, racing nets, steering wheels, fire-extinguisher systems, and intercoms, as well as other accessories strictly related to the motorsport industry. The products are sold under the OMP, Bell, Zeronoise, B2, and Racing Spirit brands. Geographically, the company generates maximum revenue from Europe, Middle East and Africa (EMEA), followed by the Americas (AMER), and Asia and Oceania (APAC).
83GF Score

Get the complete analysis for MIL:RFG

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

€4.66
Price
€5.43
GF Value