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Spinnova OyjOHEL:SPINN -2.29%43 Days Payable is 1,122.59 as of Dec. 2025, which is 54% below its 10-year median of 2,445.87. GuruFocus rates OHEL:SPINN with a GF Score™ of 43/100 and a GF Value™ of €0.13 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Spinnova Oyj ranks better than 99.22% on this metric.
The historical rank and industry rank for Spinnova Oyj's Days Payable or its related term are showing as below:
OHEL:SPINN'
s Days Payable Range Over the Past 10 Years
Min: 51.84 Med: 2445.87 Max: 13573.44
Current: 5103.01
During the past 8 years, Spinnova Oyj's highest Days Payable was 13573.44. The lowest was 51.84. And the median was 2445.87.
OHEL:SPINN's Days Payable is ranked better than 99.22% of 1023
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.68
vs OHEL:SPINN: 5103.01
Spinnova Oyj's Days Payable
declined
from Dec. 2024 (22,698.44) to Dec. 2025 (1,122.59).
It may suggest that Spinnova Oyjaccelerated paying its suppliers.
The historical data trend for Spinnova Oyj'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.
For the Textile Manufacturing subindustry, Spinnova Oyj'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.
Spinnova Oyj Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Spinnova Oyj's Days Payable distribution charts can be found below:
* The bar in red indicates where Spinnova Oyj'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.
Spinnova Oyj'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.
Spinnova Oyj (OHEL:SPINN) has a Days Payable of 1,122.59 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 Spinnova Oyj and its competitors. This is 54% below median its historical median of 2,445.87. Over the past decade, Spinnova Oyj's Days Payable has ranged from 51.84 to 13,573.44. According to the industry distribution chart, Spinnova Oyj ranks #8 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.8%.
Is Spinnova Oyj's Days Payable too high?
Spinnova Oyj's current Days Payable of 1,122.59 is 54% below median its 10-year median of 2,445.87. Over the past 10 years, this metric has ranged from a low of 51.84 to a high of 13,573.44. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.68. Spinnova Oyj's value of 1,122.59 is 1991.3% above this industry median. Based on the distribution chart, Spinnova Oyj ranks #8 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Spinnova Oyj has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spinnova Oyj's Days Payable compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Spinnova Oyj ranks #8 out of 1023 companies for Days Payable. This places Spinnova Oyj in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.68. Spinnova Oyj's value of 1,122.59 is 1991.3% above this benchmark. Historically, Spinnova Oyj's own Days Payable has ranged from 51.84 to 13,573.44 over the past decade. While the company's 10-year median is 2,445.87 vs. the industry median of 53.68, Spinnova Oyj 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.68, based on 1,023 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. Spinnova Oyj's current Days Payable of 1,122.59 is 1991.3% 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 Spinnova Oyj and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spinnova Oyj's current Days Payable is 1,122.59, which is 54% below median its own 10-year median of 2,445.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spinnova Oyj stock overvalued right now?
Based on GuruFocus' analysis, Spinnova Oyj (OHEL:SPINN) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.13, compared to a current price of €0.45 — trading 245% above its estimated fair value. The current Days Payable is 1,122.59, which is 54% below median its 10-year median of 2,445.87 and 1991.3% above the Manufacturing - Apparel & Accessories industry median of 53.68. Spinnova Oyj's overall GF Score™ is 43/100 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 Spinnova Oyj (OHEL:SPINN), the current Days Payable is 1,122.59 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 Spinnova Oyj (OHEL:SPINN) Overvalued in 2026?
Based on GuruFocus' analysis, Spinnova Oyj stock appears to be overvalued.
The current stock price of €0.45 is trading 245% above its estimated GF Value™ of €0.13.
GuruFocus considers Spinnova Oyj to be Significantly Overvalued.
Key valuation signals for OHEL:SPINN:
Days Payable: 1,122.59 (54% below median its 10-year median of 2,445.87)
GF Value™: €0.13 vs. price of €0.45 (245% above fair value)
Industry Position: 1991.3% above the Manufacturing - Apparel & Accessories median (#8 of 1023)
No single metric tells the full story. See the OHEL:SPINN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spinnova Oyj is engaged in the provision of technology deliveries and services for sustainable textile production. The company has developed a technology for making textile fiber from wood or waste, such as leather, textile, or agricultural waste, without harmful chemicals.
43GF Score
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