RedFish LongTerm Capital SpA (MIL:RFLTC) Days Payable: 116.83 (As of Dec. 2025) — 22% Below Median

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MIL:RFLTC RedFish LongTerm Capital SpA MIL:RFLTC
51 GF Score
Price €1.25
GF Value €2.12
Valuation Possible Value Trap
! 5 Warning Signs
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What is RedFish LongTerm Capital SpA Days Payable?

RedFish LongTerm Capital SpA MIL:RFLTC 51 Days Payable is 116.83 as of Dec. 2025, which is 22% below its 10-year median of 150.70. GuruFocus rates MIL:RFLTC with a GF Score™ of 51/100 and a GF Value™ of €2.12 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 485 Asset Management companies, RedFish LongTerm Capital SpA ranks better than 61.44% on this metric.

RedFish LongTerm Capital SpA's average Accounts Payable for the six months ended in Dec. 2025 was €14.09 Mil. RedFish LongTerm Capital SpA's Cost of Goods Sold for the six months ended in Dec. 2025 was €22.01 Mil. Hence, RedFish LongTerm Capital SpA's Days Payable for the six months ended in Dec. 2025 was 116.83.

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

MIL:RFLTC' s Days Payable Range Over the Past 10 Years
Min: 114.07   Med: 150.7   Max: 5459.13
Current: 114.07

During the past 5 years, RedFish LongTerm Capital SpA's highest Days Payable was 5459.13. The lowest was 114.07. And the median was 150.70.

MIL:RFLTC's Days Payable is ranked better than
61.44% of 485 companies
in the Asset Management industry
Industry Median: 70.48 vs MIL:RFLTC: 114.07

RedFish LongTerm Capital SpA's Days Payable declined from Dec. 2024 (134.93) to Dec. 2025 (116.83). It may suggest that RedFish LongTerm Capital SpA accelerated paying its suppliers.


RedFish LongTerm Capital SpA Days Payable Historical Data

* Premium members only.

The historical data trend for RedFish LongTerm Capital 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.

RedFish LongTerm Capital SpA Days Payable Chart

RedFish LongTerm Capital SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
388.40 5,459.13 150.70 119.22 114.23

RedFish LongTerm Capital SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only 170.03 162.65 134.93 111.24 116.83

MIL:RFLTC vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, RedFish LongTerm Capital 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.


RedFish LongTerm Capital SpA Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RedFish LongTerm Capital SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where RedFish LongTerm Capital SpA's Days Payable falls into.


MIL:RFLTC
51GF Score
RedFish LongTerm Capital SpA MIL:RFLTC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RedFish LongTerm Capital 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.

RedFish LongTerm Capital 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
=( (13.756 + 14.237) / 2 ) / 44.723*365
=13.9965 / 44.723*365
=114.23

RedFish LongTerm Capital 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
=( (13.937 + 14.237) / 2 ) / 22.006*365 / 2
=14.087 / 22.006*365 / 2
=116.83

* 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 116.83 mean?
RedFish LongTerm Capital SpA (MIL:RFLTC) has a Days Payable of 116.83 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 RedFish LongTerm Capital SpA and its competitors. This is 22% below median its historical median of 150.70. Over the past decade, RedFish LongTerm Capital SpA's Days Payable has ranged from 114.07 to 5,459.13. According to the industry distribution chart, RedFish LongTerm Capital SpA ranks #187 out of 485 companies in the Asset Management industry, placing it in the top 38.6%.
Is RedFish LongTerm Capital SpA's Days Payable too high?
RedFish LongTerm Capital SpA's current Days Payable of 116.83 is 22% below median its 10-year median of 150.70. Over the past 10 years, this metric has ranged from a low of 114.07 to a high of 5,459.13. The Asset Management industry median Days Payable is 70.48. RedFish LongTerm Capital SpA's value of 116.83 is 65.8% above this industry median. Based on the distribution chart, RedFish LongTerm Capital SpA ranks #187 out of 485 companies in the Asset Management industry, which is above the industry midpoint. Overall, RedFish LongTerm Capital SpA has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RedFish LongTerm Capital SpA's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, RedFish LongTerm Capital SpA ranks #187 out of 485 companies for Days Payable. This puts RedFish LongTerm Capital SpA in the upper half of its industry. The industry median Days Payable is 70.48. RedFish LongTerm Capital SpA's value of 116.83 is 65.8% above this benchmark. Historically, RedFish LongTerm Capital SpA's own Days Payable has ranged from 114.07 to 5,459.13 over the past decade. While the company's 10-year median is 150.70 vs. the industry median of 70.48, RedFish LongTerm Capital 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.48, based on 485 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. RedFish LongTerm Capital SpA's current Days Payable of 116.83 is 65.8% 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 RedFish LongTerm Capital SpA and its competitors. For the Asset Management industry, the median Days Payable is 70.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RedFish LongTerm Capital SpA's current Days Payable is 116.83, which is 22% below median its own 10-year median of 150.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFish LongTerm Capital SpA stock overvalued right now?
Based on GuruFocus' analysis, RedFish LongTerm Capital SpA (MIL:RFLTC) is currently considered Possible Value Trap. The stock's GF Value™ is €2.12, compared to a current price of €1.25 — trading 41% below its estimated fair value. The current Days Payable is 116.83, which is 22% below median its 10-year median of 150.70 and 65.8% above the Asset Management industry median of 70.48. RedFish LongTerm Capital SpA's overall GF Score™ is 51/100 with 5 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 RedFish LongTerm Capital SpA (MIL:RFLTC), the current Days Payable is 116.83 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 RedFish LongTerm Capital SpA (MIL:RFLTC) Overvalued in 2026?

Based on GuruFocus' analysis, RedFish LongTerm Capital SpA stock appears to be undervalued. The current stock price of €1.25 is trading 41% below its estimated GF Value™ of €2.12. GuruFocus considers RedFish LongTerm Capital SpA to be Possible Value Trap.

Key valuation signals for MIL:RFLTC:

  • Days Payable: 116.83 (22% below median its 10-year median of 150.70)
  • GF Value™: €2.12 vs. price of €1.25 (41% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 65.8% above the Asset Management median (#187 of 485)

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


RedFish LongTerm Capital SpA Business Description

Other Exchanges HN5:Germany
Address Via del Carmine, 11, Milano, ITA, 20121
RedFish LongTerm Capital SpA is an industrial holding company specializing in the acquisition of shares in family-run Italian SMEs. The company acquires qualified minority or majority shareholdings with the intention of maintaining these investments over a long period of time, either through its investment or through club deal structures, with the involvement of other investors. The role of the company in the ecosystem of its subsidiaries is to support them in increasing some critical areas by providing them with support services to managers for the financial side, management control, and debt optimization, but above all, advisory services for the acquisition of Target Companies to pursue the development plan for external lines.
51GF Score

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

€1.25
Price
€2.12
GF Value