SMTGF (SMA Solar Technology AG) Days Payable: 64.86 (As of Mar. 2026) — Near Median


SMTGF SMA Solar Technology AG SMTGF
66 GF Score
Price $56.54
GF Value $37.46
Valuation Significantly Overvalued
! 3 Warning Signs
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What is SMA Solar Technology AG Days Payable?

SMA Solar Technology AG SMTGF 66 Days Payable is 64.86 as of Mar. 2026, which is 3% above its 10-year median of 63.00. GuruFocus rates SMTGF with a GF Score™ of 66/100 and a GF Value™ of $37.46 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 997 Semiconductors companies, SMA Solar Technology AG ranks worse than 51.96% on this metric.

SMA Solar Technology AG's average Accounts Payable for the three months ended in Mar. 2026 was $208 Mil. SMA Solar Technology AG's Cost of Goods Sold for the three months ended in Mar. 2026 was $293 Mil. Hence, SMA Solar Technology AG's Days Payable for the three months ended in Mar. 2026 was 64.86.

The historical rank and industry rank for SMA Solar Technology AG's Days Payable or its related term are showing as below:

SMTGF' s Days Payable Range Over the Past 10 Years
Min: 40.1   Med: 63   Max: 69.56
Current: 51.15

During the past 13 years, SMA Solar Technology AG's highest Days Payable was 69.56. The lowest was 40.10. And the median was 63.00.

SMTGF's Days Payable is ranked worse than
51.96% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs SMTGF: 51.15

SMA Solar Technology AG's Days Payable increased from Mar. 2025 (61.47) to Mar. 2026 (64.86). It may suggest that SMA Solar Technology AG delayed paying its suppliers.


SMA Solar Technology AG Days Payable Historical Data

* Premium members only.

The historical data trend for SMA Solar Technology AG'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.

SMA Solar Technology AG Days Payable Chart

SMA Solar Technology AG 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 65.32 59.93 58.82 66.22 38.06

SMA Solar Technology AG 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 61.47 60.33 39.75 47.23 64.86

SMTGF vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, SMA Solar Technology AG'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.


SMA Solar Technology AG Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SMA Solar Technology AG's Days Payable distribution charts can be found below:

* The bar in red indicates where SMA Solar Technology AG's Days Payable falls into.


SMTGF
66GF Score
SMA Solar Technology AG SMTGF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SMA Solar Technology AG 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.

SMA Solar Technology AG'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
=( (153.996 + 186.259) / 2 ) / 1631.568*365
=170.1275 / 1631.568*365
=38.06

SMA Solar Technology AG'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
=( (186.259 + 229.892) / 2 ) / 292.723*365 / 4
=208.0755 / 292.723*365 / 4
=64.86

* 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 64.86 mean?
SMA Solar Technology AG (SMTGF) has a Days Payable of 64.86 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 SMA Solar Technology AG and its competitors. This is near median its historical median of 63.00. Over the past decade, SMA Solar Technology AG's Days Payable has ranged from 40.10 to 69.56. According to the industry distribution chart, SMA Solar Technology AG ranks #518 out of 997 companies in the Semiconductors industry, placing it in the top 52%.
Is SMA Solar Technology AG's Days Payable too high?
SMA Solar Technology AG's current Days Payable of 64.86 is near median its 10-year median of 63.00. Over the past 10 years, this metric has ranged from a low of 40.10 to a high of 69.56. The Semiconductors industry median Days Payable is 53.06. SMA Solar Technology AG's value of 64.86 is 22.2% above this industry median. Based on the distribution chart, SMA Solar Technology AG ranks #518 out of 997 companies in the Semiconductors industry, which is below the industry midpoint. Overall, SMA Solar Technology AG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMA Solar Technology AG's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, SMA Solar Technology AG ranks #518 out of 997 companies for Days Payable. This places SMA Solar Technology AG in the lower half of its industry. The industry median Days Payable is 53.06. SMA Solar Technology AG's value of 64.86 is 22.2% above this benchmark. Historically, SMA Solar Technology AG's own Days Payable has ranged from 40.10 to 69.56 over the past decade. While the company's 10-year median is 63.00 vs. the industry median of 53.06, SMA Solar Technology AG 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 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. SMA Solar Technology AG's current Days Payable of 64.86 is 22.2% 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 SMA Solar Technology AG and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMA Solar Technology AG's current Days Payable is 64.86, which is near median its own 10-year median of 63.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMA Solar Technology AG stock overvalued right now?
Based on GuruFocus' analysis, SMA Solar Technology AG (SMTGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.46, compared to a current price of $56.54 — trading 50.9% above its estimated fair value. The current Days Payable is 64.86, which is near median its 10-year median of 63.00 and 22.2% above the Semiconductors industry median of 53.06. SMA Solar Technology AG's overall GF Score™ is 66/100 with 3 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 SMA Solar Technology AG (SMTGF), the current Days Payable is 64.86 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 SMA Solar Technology AG (SMTGF) Overvalued in 2026?

Based on GuruFocus' analysis, SMA Solar Technology AG stock appears to be overvalued. The current stock price of $56.54 is trading 50.9% above its estimated GF Value™ of $37.46. GuruFocus considers SMA Solar Technology AG to be Significantly Overvalued.

Key valuation signals for SMTGF:

  • Days Payable: 64.86 (near median its 10-year median of 63.00)
  • GF Value™: $37.46 vs. price of $56.54 (50.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 22.2% above the Semiconductors median (#518 of 997)

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


SMA Solar Technology AG Business Description

Address Sonnenallee 1, Niestetal, DEU, 34266
SMA Solar Technology AG produces, develops, and sells systems and solutions for the efficient and sustainable generation, storage, and use of solar energy. Its products include PV and battery inverters, monitoring systems for PV systems, charging solutions for electric vehicles, as well as energy management systems, and digital services for the future energy supply. The company operates through the following segments: Home & Business Solutions and Large Scale & Project Solutions. The Large Scale & Project Solutions segment, which derives key revenue for the company, offers products, systems, and solutions around the globe for solar, storage, and hydrogen projects on a power plant scale, as well as for the transition of power grids toward a higher share of renewable energy.
66GF Score

Get the complete analysis for SMTGF

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

$56.54
Price
$37.46
GF Value