RACE (Ferrari NV) Days Payable: 92.03 (As of Mar. 2026) — 30% Below Median


RACE Ferrari NV RACE
94 GF Score
Price $348.75
GF Value $493.30
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ferrari NV Days Payable?

Ferrari NV RACE +1.13% 94 Days Payable is 92.03 as of Mar. 2026, which is 30% below its 10-year median of 131.13. GuruFocus rates RACE with a GF Score™ of 94/100 and a GF Value™ of $493.30 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Ferrari NV ranks better than 67.17% on this metric.

Ferrari NV's average Accounts Payable for the three months ended in Mar. 2026 was $1,038 Mil. Ferrari NV's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,029 Mil. Hence, Ferrari NV's Days Payable for the three months ended in Mar. 2026 was 92.03.

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

RACE' s Days Payable Range Over the Past 10 Years
Min: 93.96   Med: 131.13   Max: 154.26
Current: 93.96

During the past 13 years, Ferrari NV's highest Days Payable was 154.26. The lowest was 93.96. And the median was 131.13.

RACE's Days Payable is ranked better than
67.17% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs RACE: 93.96

Ferrari NV's Days Payable declined from Mar. 2025 (96.95) to Mar. 2026 (92.03). It may suggest that Ferrari NV accelerated paying its suppliers.


Ferrari NV Days Payable Historical Data

* Premium members only.

The historical data trend for Ferrari NV'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.

Ferrari NV Days Payable Chart

Ferrari NV 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 137.39 120.84 110.12 104.96 89.16

Ferrari NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 96.95 95.95 92.04 89.91 92.03

RACE vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Ferrari NV'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.


Ferrari NV Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Ferrari NV's Days Payable falls into.


RACE
94GF Score
Ferrari NV RACE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferrari NV 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.

Ferrari NV'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
=( (990.217 + 985.077) / 2 ) / 4043.292*365
=987.647 / 4043.292*365
=89.16

Ferrari NV's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (985.077 + 1090.577) / 2 ) / 1029.068*365 / 4
=1037.827 / 1029.068*365 / 4
=92.03

* 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 92.03 mean?
Ferrari NV (RACE) has a Days Payable of 92.03 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ferrari NV and its competitors. This is 30% below median its historical median of 131.13. Over the past decade, Ferrari NV's Days Payable has ranged from 93.96 to 154.26. According to the industry distribution chart, Ferrari NV ranks #431 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 32.8%.
Is Ferrari NV's Days Payable too high?
Ferrari NV's current Days Payable of 92.03 is 30% below median its 10-year median of 131.13. Over the past 10 years, this metric has ranged from a low of 93.96 to a high of 154.26. The Vehicles & Parts industry median Days Payable is 67.12. Ferrari NV's value of 92.03 is 37.1% above this industry median. Based on the distribution chart, Ferrari NV ranks #431 out of 1313 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Ferrari NV has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ferrari NV ranks #431 out of 1313 companies for Days Payable. This puts Ferrari NV in the upper half of its industry. The industry median Days Payable is 67.12. Ferrari NV's value of 92.03 is 37.1% above this benchmark. Historically, Ferrari NV's own Days Payable has ranged from 93.96 to 154.26 over the past decade. While the company's 10-year median is 131.13 vs. the industry median of 67.12, Ferrari NV 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. Ferrari NV's current Days Payable of 92.03 is 37.1% 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 Ferrari NV and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrari NV's current Days Payable is 92.03, which is 30% below median its own 10-year median of 131.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrari NV stock overvalued right now?
Based on GuruFocus' analysis, Ferrari NV (RACE) is currently considered Modestly Undervalued. The stock's GF Value™ is $493.30, compared to a current price of $348.75 — trading 29.3% below its estimated fair value. The current Days Payable is 92.03, which is 30% below median its 10-year median of 131.13 and 37.1% above the Vehicles & Parts industry median of 67.12. Ferrari NV's overall GF Score™ is 94/100 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 Ferrari NV (RACE), the current Days Payable is 92.03 as of Mar. 2026. 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 Ferrari NV (RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrari NV stock appears to be undervalued. The current stock price of $348.75 is trading 29.3% below its estimated GF Value™ of $493.30. GuruFocus considers Ferrari NV to be Modestly Undervalued.

Key valuation signals for RACE:

  • Days Payable: 92.03 (30% below median its 10-year median of 131.13)
  • GF Value™: $493.30 vs. price of $348.75 (29.3% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 37.1% above the Vehicles & Parts median (#431 of 1313)

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


Ferrari NV Business Description

Address Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2025, the company sold 13,640 vehicles at an average price over EUR 520,000 with more than 80% of its vehicles being sold to existing Ferrari clients. Eighty-four percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2025, the Europe, Middle East, and Africa region accounted for 49% of revenue, the Americas was 32%, mainland China, Hong Kong, and Taiwan was 7%, and the rest of Asia was 12%.
94GF Score

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

$348.75
Price
$493.30
GF Value