Italian Sea Group (MIL:TISG) Days Payable: 124.59 (As of Sep. 2025) — 70% Below Median


MIL:TISG Italian Sea Group MIL:TISG
61 GF Score
Price €1.03
GF Value €8.71
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Italian Sea Group Days Payable?

Italian Sea Group MIL:TISG +10.26% 61 Days Payable is 124.59 as of Sep. 2025, which is 70% below its 10-year median of 410.18. GuruFocus rates MIL:TISG with a GF Score™ of 61/100 and a GF Value™ of €8.71 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 778 Travel & Leisure companies, Italian Sea Group ranks better than 95.12% on this metric.

Italian Sea Group's average Accounts Payable for the three months ended in Sep. 2025 was €114.7 Mil. Italian Sea Group's Cost of Goods Sold for the three months ended in Sep. 2025 was €84.0 Mil. Hence, Italian Sea Group's Days Payable for the three months ended in Sep. 2025 was 124.59.

The historical rank and industry rank for Italian Sea Group's Days Payable or its related term are showing as below:

MIL:TISG' s Days Payable Range Over the Past 10 Years
Min: 275.69   Med: 410.18   Max: 762.12
Current: 762.12

During the past 7 years, Italian Sea Group's highest Days Payable was 762.12. The lowest was 275.69. And the median was 410.18.

MIL:TISG's Days Payable is ranked better than
95.12% of 778 companies
in the Travel & Leisure industry
Industry Median: 56.525 vs MIL:TISG: 762.12

Italian Sea Group's Days Payable declined from Sep. 2024 (143.13) to Sep. 2025 (124.59). It may suggest that Italian Sea Group accelerated paying its suppliers.


Italian Sea Group Days Payable Historical Data

* Premium members only.

The historical data trend for Italian Sea Group'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.

Italian Sea Group Days Payable Chart

Italian Sea Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 292.82 357.00 410.18 475.35 699.85

Italian Sea Group Quarterly Data
Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 Premium Member Only Premium Member Only Premium Member Only 143.13 0.00 467.90 0.00 124.59

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

For the Leisure subindustry, Italian Sea Group'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.


Italian Sea Group Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Italian Sea Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Italian Sea Group's Days Payable falls into.


MIL:TISG
61GF Score
Italian Sea Group MIL:TISG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Italian Sea Group 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.

Italian Sea Group's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (90.568 + 121.877) / 2 ) / 55.399*365
=106.2225 / 55.399*365
=699.85

Italian Sea Group's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (128.491 + 100.85) / 2 ) / 83.985*365 / 4
=114.6705 / 83.985*365 / 4
=124.59

* 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 124.59 mean?
Italian Sea Group (MIL:TISG) has a Days Payable of 124.59 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Italian Sea Group and its competitors. This is 70% below median its historical median of 410.18. Over the past decade, Italian Sea Group's Days Payable has ranged from 275.69 to 762.12. According to the industry distribution chart, Italian Sea Group ranks #38 out of 778 companies in the Travel & Leisure industry, placing it in the top 4.9%.
Is Italian Sea Group's Days Payable too high?
Italian Sea Group's current Days Payable of 124.59 is 70% below median its 10-year median of 410.18. Over the past 10 years, this metric has ranged from a low of 275.69 to a high of 762.12. The Travel & Leisure industry median Days Payable is 56.53. Italian Sea Group's value of 124.59 is 120.4% above this industry median. Based on the distribution chart, Italian Sea Group ranks #38 out of 778 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Italian Sea Group has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Italian Sea Group's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Italian Sea Group ranks #38 out of 778 companies for Days Payable. This places Italian Sea Group in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.53. Italian Sea Group's value of 124.59 is 120.4% above this benchmark. Historically, Italian Sea Group's own Days Payable has ranged from 275.69 to 762.12 over the past decade. While the company's 10-year median is 410.18 vs. the industry median of 56.53, Italian Sea Group 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 778 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. Italian Sea Group's current Days Payable of 124.59 is 120.4% 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 Italian Sea Group 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. Italian Sea Group's current Days Payable is 124.59, which is 70% below median its own 10-year median of 410.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italian Sea Group stock overvalued right now?
Based on GuruFocus' analysis, Italian Sea Group (MIL:TISG) is currently considered Possible Value Trap. The stock's GF Value™ is €8.71, compared to a current price of €1.03 — trading 88.2% below its estimated fair value. The current Days Payable is 124.59, which is 70% below median its 10-year median of 410.18 and 120.4% above the Travel & Leisure industry median of 56.53. Italian Sea Group's overall GF Score™ is 61/100 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 Italian Sea Group (MIL:TISG), the current Days Payable is 124.59 as of Sep. 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 Italian Sea Group (MIL:TISG) Overvalued in 2026?

Based on GuruFocus' analysis, Italian Sea Group stock appears to be undervalued. The current stock price of €1.03 is trading 88.2% below its estimated GF Value™ of €8.71. GuruFocus considers Italian Sea Group to be Possible Value Trap.

Key valuation signals for MIL:TISG:

  • Days Payable: 124.59 (70% below median its 10-year median of 410.18)
  • GF Value™: €8.71 vs. price of €1.03 (88.2% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 120.4% above the Travel & Leisure median (#38 of 778)

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


Italian Sea Group Business Description

Other Exchanges 6QN:Germany
Address Viale Cristoforo Colombo, 4Bis, Marina di Carrara, ITA, 54033
Italian Sea Group is engaged in designing, manufacturing, and sales of custom-made luxury superyachts. It is active in the construction and refit of motor yachts and sailing yachts up to 140 meters and operates in the new building market under the Admiral, Tecnomar, Perini Navi, and Picchiotti brands, and is active in the large refit business under the NCA Refit brand. Geographically, the company generates revenue from the Americas, Europe, and Asia-Pacific region.
61GF Score

Get the complete analysis for MIL:TISG

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

€1.03
Price
€8.71
GF Value