The historical rank and industry rank for Spindox SpA's Days Payable or its related term are showing as below:
MIL:SPN'
s Days Payable Range Over the Past 10 Years
Min: 41.9 Med: 56.39 Max: 71.47
Current: 41.9
During the past 6 years, Spindox SpA's highest Days Payable was 71.47. The lowest was 41.90. And the median was 56.39.
MIL:SPN's Days Payable is not ranked
in the Software industry.
Industry Median: 54.04
vs MIL:SPN: 41.90
Spindox SpA's Days Payable
declined
from Jun. 2024 (58.26) to Jun. 2025 (50.25).
It may suggest that Spindox SpAaccelerated paying its suppliers.
Spindox SpA Days Payable Related Terms
Spindox SpA Days Payable Historical Data
* Premium members only.
The historical data trend for Spindox 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:SPN vs IBM, ACN, CTSH: Days Payable Comparison
For the Information Technology Services subindustry, Spindox 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.
Spindox SpA Days Payable vs Software Industry
For the Software industry and Technology sector, Spindox SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Spindox 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.
Spindox SpA's Days Payable for the fiscal year that ended in Dec. 2024 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.
Spindox SpA (MIL:SPN) has a Days Payable of 50.25 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Spindox SpA and its competitors. This is 11% below median its historical median of 56.39. Over the past decade, Spindox SpA's Days Payable has ranged from 41.90 to 71.47.
Is Spindox SpA's Days Payable too high?
Spindox SpA's current Days Payable of 50.25 is 11% below median its 10-year median of 56.39. Over the past 10 years, this metric has ranged from a low of 41.90 to a high of 71.47. The Software industry median Days Payable is 54.04. Spindox SpA's value of 50.25 is 7% below this industry median. Overall, Spindox SpA has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Spindox SpA's Days Payable compare to IBM and ACN?
Spindox SpA's Days Payable of 50.25 can be compared against companies in the Software industry. The industry median Days Payable is 54.04. Spindox SpA's value of 50.25 is 7% below this benchmark. Historically, Spindox SpA's own Days Payable has ranged from 41.90 to 71.47 over the past decade. While the company's 10-year median is 56.39 vs. the industry median of 54.04, Spindox SpA has consistently been below 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 54.04, based on 2,601 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. Spindox SpA's current Days Payable of 50.25 is 7% below 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 Spindox SpA and its competitors. For the Software industry, the median Days Payable is 54.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindox SpA's current Days Payable is 50.25, which is 11% below median its own 10-year median of 56.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindox SpA stock overvalued right now?
Spindox SpA (MIL:SPN) has a current Days Payable of 50.25. The stock's GF Value™ is €10.82, compared to a current price of €12.95 — trading 19.7% above its estimated fair value. The current Days Payable is 50.25, which is 11% below median its 10-year median of 56.39 and 7% below the Software industry median of 54.04. Spindox SpA's overall GF Score™ is 57/100 with 8 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 Spindox SpA (MIL:SPN), the current Days Payable is 50.25 as of Jun. 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 Spindox SpA (MIL:SPN) Overvalued in 2026?
Based on GuruFocus' analysis, Spindox SpA stock appears to be overvalued.
The current stock price of €12.95 is trading 19.7% above its estimated GF Value™ of €10.82.
Key valuation signals for MIL:SPN:
Days Payable: 50.25 (11% below median its 10-year median of 56.39)
GF Value™: €10.82 vs. price of €12.95 (19.7% above fair value)
No single metric tells the full story. See the MIL:SPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.
57GF Score
Get the complete analysis for MIL:SPN
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:SPN has been successfully added to your 
