Siav SpAMIL:SIAV +1.56%72 Days Payable is 119.83 as of Dec. 2025, which is 11% below its 10-year median of 134.49. GuruFocus rates MIL:SIAV with a GF Score™ of 72/100 and a GF Value™ of €2.70 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,605 Software companies, Siav SpA ranks better than 75.51% on this metric.
Siav SpA's average Accounts Payable for the
six
months ended in Dec. 2025 was €4.61 Mil. Siav SpA's Cost of Goods Sold for the
six
months ended in Dec. 2025 was €7.02 Mil.
Hence, Siav SpA's Days Payable for the
six
months ended in Dec. 2025 was 119.83.
The historical rank and industry rank for Siav SpA's Days Payable or its related term are showing as below:
MIL:SIAV'
s Days Payable Range Over the Past 10 Years
Min: 107.77 Med: 134.49 Max: 157.78
Current: 131.36
During the past 6 years, Siav SpA's highest Days Payable was 157.78. The lowest was 107.77. And the median was 134.49.
MIL:SIAV's Days Payable is ranked better than 75.51% of 2605
companies
in the Software industry
Industry Median: 52.79
vs MIL:SIAV: 131.36
Siav SpA's Days Payable
declined
from Dec. 2024 (128.09) to Dec. 2025 (119.83).
It may suggest that Siav SpAaccelerated paying its suppliers.
Siav SpA Days Payable Related Terms
Siav SpA Days Payable Historical Data
* Premium members only.
The historical data trend for Siav 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:SIAV vs UBER, SHOP, CRM: Days Payable Comparison
For the Software - Application subindustry, Siav 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.
Siav SpA Days Payable vs Software Industry
For the Software industry and Technology sector, Siav SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Siav 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.
Siav 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.
Siav SpA (MIL:SIAV) has a Days Payable of 119.83 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 Siav SpA and its competitors. This is 11% below median its historical median of 134.49. Over the past decade, Siav SpA's Days Payable has ranged from 107.77 to 157.78. According to the industry distribution chart, Siav SpA ranks #638 out of 2605 companies in the Software industry, placing it in the top 24.5%.
Is Siav SpA's Days Payable too high?
Siav SpA's current Days Payable of 119.83 is 11% below median its 10-year median of 134.49. Over the past 10 years, this metric has ranged from a low of 107.77 to a high of 157.78. The Software industry median Days Payable is 52.79. Siav SpA's value of 119.83 is 127% above this industry median. Based on the distribution chart, Siav SpA ranks #638 out of 2605 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Siav SpA has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siav SpA's Days Payable compare to UBER and SHOP?
According to the Software industry distribution chart, Siav SpA ranks #638 out of 2605 companies for Days Payable. This places Siav SpA in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.79. Siav SpA's value of 119.83 is 127% above this benchmark. Historically, Siav SpA's own Days Payable has ranged from 107.77 to 157.78 over the past decade. While the company's 10-year median is 134.49 vs. the industry median of 52.79, Siav 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 Software company?
The median Days Payable among Software companies is 52.79, based on 2,605 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. Siav SpA's current Days Payable of 119.83 is 127% 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 Siav SpA and its competitors. For the Software industry, the median Days Payable is 52.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siav SpA's current Days Payable is 119.83, which is 11% below median its own 10-year median of 134.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siav SpA stock overvalued right now?
Based on GuruFocus' analysis, Siav SpA (MIL:SIAV) is currently considered Fairly Valued. The stock's GF Value™ is €2.70, compared to a current price of €2.60 — trading 3.7% below its estimated fair value. The current Days Payable is 119.83, which is 11% below median its 10-year median of 134.49 and 127% above the Software industry median of 52.79. Siav SpA's overall GF Score™ is 72/100 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 Siav SpA (MIL:SIAV), the current Days Payable is 119.83 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 Siav SpA (MIL:SIAV) Overvalued in 2026?
Based on GuruFocus' analysis, Siav SpA stock appears to be undervalued.
The current stock price of €2.60 is trading 3.7% below its estimated GF Value™ of €2.70.
GuruFocus considers Siav SpA to be Fairly Valued.
Key valuation signals for MIL:SIAV:
Days Payable: 119.83 (11% below median its 10-year median of 134.49)
GF Value™: €2.70 vs. price of €2.60 (3.7% below fair value)
Industry Position: 127% above the Software median (#638 of 2605)
No single metric tells the full story. See the MIL:SIAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siav SpA is a software and IT service company specializing in dematerialization, document management, and digital processes. It offers software platforms such as Archiflow Nova, Siav Connect, and Siav Frame for information and process management; Vertical software and solutions that deal with specific topics such as Silloge, Checker, MyCreditService, etc., and outsourcing services such as dematerialization and replacement storage of documents, managed through a proprietary solution (Virgilio), and B2B electronic invoicing. The company's operating segments are based on the market it operates in and include the Private Market, Central Public Administration Market (CPA), Local Public Administration Market (PAL), and Channel Market.
72GF Score
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