NTZ (Natuzzi SpA) Days Payable: 77.98 (As of Dec. 2025) — Near Median


NTZ Natuzzi SpA NTZ
34 GF Score
Price $1.92
GF Value $4.35
Valuation Possible Value Trap
! 4 Warning Signs
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What is Natuzzi SpA Days Payable?

Natuzzi SpA NTZ 34 Days Payable is 77.98 as of Dec. 2025, which is 0% above its 10-year median of 77.86. GuruFocus rates NTZ with a GF Score™ of 34/100 and a GF Value™ of $4.35 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, Natuzzi SpA ranks better than 60.14% on this metric.

Natuzzi SpA's average Accounts Payable for the three months ended in Dec. 2025 was $54.1 Mil. Natuzzi SpA's Cost of Goods Sold for the three months ended in Dec. 2025 was $63.4 Mil. Hence, Natuzzi SpA's Days Payable for the three months ended in Dec. 2025 was 77.98.

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

NTZ' s Days Payable Range Over the Past 10 Years
Min: 67.51   Med: 77.86   Max: 92.36
Current: 84.62

During the past 13 years, Natuzzi SpA's highest Days Payable was 92.36. The lowest was 67.51. And the median was 77.86.

NTZ's Days Payable is ranked better than
60.14% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64.24 vs NTZ: 84.62

Natuzzi SpA's Days Payable declined from Dec. 2024 (102.56) to Dec. 2025 (77.98). It may suggest that Natuzzi SpA accelerated paying its suppliers.


Natuzzi SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Natuzzi 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.

Natuzzi SpA Days Payable Chart

Natuzzi SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.19 76.19 87.88 92.36 82.75

Natuzzi SpA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 102.56 89.49 0.00 0.00 77.98

NTZ vs MWYN, EFOI, ATER: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Natuzzi 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.


Natuzzi SpA Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Natuzzi SpA's Days Payable distribution charts can be found below:

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


NTZ
34GF Score
Natuzzi SpA NTZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Natuzzi 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.

Natuzzi 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
=( (54.601 + 54.142) / 2 ) / 239.821*365
=54.3715 / 239.821*365
=82.75

Natuzzi 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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0 + 54.142) / 1 ) / 63.357*365 / 4
=54.142 / 63.357*365 / 4
=77.98

* 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 77.98 mean?
Natuzzi SpA (NTZ) has a Days Payable of 77.98 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 Natuzzi SpA and its competitors. This is near median its historical median of 77.86. Over the past decade, Natuzzi SpA's Days Payable has ranged from 67.51 to 92.36. According to the industry distribution chart, Natuzzi SpA ranks #165 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 39.9%.
Is Natuzzi SpA's Days Payable too high?
Natuzzi SpA's current Days Payable of 77.98 is near median its 10-year median of 77.86. Over the past 10 years, this metric has ranged from a low of 67.51 to a high of 92.36. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.24. Natuzzi SpA's value of 77.98 is 21.4% above this industry median. Based on the distribution chart, Natuzzi SpA ranks #165 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Natuzzi SpA has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Natuzzi SpA's Days Payable compare to MWYN and EFOI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Natuzzi SpA ranks #165 out of 414 companies for Days Payable. This puts Natuzzi SpA in the upper half of its industry. The industry median Days Payable is 64.24. Natuzzi SpA's value of 77.98 is 21.4% above this benchmark. Historically, Natuzzi SpA's own Days Payable has ranged from 67.51 to 92.36 over the past decade. While the company's 10-year median is 77.86 vs. the industry median of 64.24, Natuzzi 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.24, based on 414 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. Natuzzi SpA's current Days Payable of 77.98 is 21.4% 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 Natuzzi SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natuzzi SpA's current Days Payable is 77.98, which is near median its own 10-year median of 77.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natuzzi SpA stock overvalued right now?
Based on GuruFocus' analysis, Natuzzi SpA (NTZ) is currently considered Possible Value Trap. The stock's GF Value™ is $4.35, compared to a current price of $1.92 — trading 55.9% below its estimated fair value. The current Days Payable is 77.98, which is near median its 10-year median of 77.86 and 21.4% above the Furnishings, Fixtures & Appliances industry median of 64.24. Natuzzi SpA's overall GF Score™ is 34/100 with 4 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 Natuzzi SpA (NTZ), the current Days Payable is 77.98 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 Natuzzi SpA (NTZ) Overvalued in 2026?

Based on GuruFocus' analysis, Natuzzi SpA stock appears to be undervalued. The current stock price of $1.92 is trading 55.9% below its estimated GF Value™ of $4.35. GuruFocus considers Natuzzi SpA to be Possible Value Trap.

Key valuation signals for NTZ:

  • Days Payable: 77.98 (near median its 10-year median of 77.86)
  • GF Value™: $4.35 vs. price of $1.92 (55.9% below fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 21.4% above the Furnishings, Fixtures & Appliances median (#165 of 414)

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


Natuzzi SpA Business Description

Other Exchanges NTZA:Germany
Address Via Iazzitiello 47, Santeramo in Colle, Bari, ITA, 70029
Natuzzi SpA is an Italian firm that designs, manufactures, and sells contemporary and traditional leather and fabric-upholstered furniture. Its product portfolio includes sofas, loveseats, armchairs, sectional furniture, motion furniture, sofa beds, living room furnishings, and accessories. The company markets its products under several brands such as Natuzzi Italia, Private Label, and Natuzzi Editions. The Group operates in two operating segments, the Natuzzi brand and Private label. The Natuzzi brand segment includes net sales from the Natuzzi Italia, Natuzzi Editions, and Divani&Divani by Natuzzi product lines. Geographically, it derives a majority of its revenue from the United States of America and also has an international presence in Italy, Spain, the UK, China, and Other countries.
34GF Score

Get the complete analysis for NTZ

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

$1.92
Price
$4.35
GF Value