Nacon (STU:4AW) Days Payable: 371.22 (As of Sep. 2025) — 139% Above Median

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STU:4AW Nacon SA STU:4AW
45 GF Score
Price €0.16
GF Value €0.94
Valuation Possible Value Trap
! 4 Warning Signs
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What is Nacon Days Payable?

Nacon STU:4AW -0.25% 45 Days Payable is 371.22 as of Sep. 2025, which is 139% above its 10-year median of 155.13. GuruFocus rates STU:4AW with a GF Score™ of 45/100 and a GF Value™ of €0.94 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 430 Interactive Media companies, Nacon ranks better than 83.26% on this metric.

Nacon's average Accounts Payable for the six months ended in Sep. 2025 was €48.2 Mil. Nacon's Cost of Goods Sold for the six months ended in Sep. 2025 was €23.7 Mil. Hence, Nacon's Days Payable for the six months ended in Sep. 2025 was 371.22.

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

STU:4AW' s Days Payable Range Over the Past 10 Years
Min: 104.93   Med: 155.13   Max: 308.42
Current: 308.42

During the past 9 years, Nacon's highest Days Payable was 308.42. The lowest was 104.93. And the median was 155.13.

STU:4AW's Days Payable is ranked better than
83.26% of 430 companies
in the Interactive Media industry
Industry Median: 65.595 vs STU:4AW: 308.42

Nacon's Days Payable increased from Sep. 2024 (308.01) to Sep. 2025 (371.22). It may suggest that Nacon delayed paying its suppliers.


Nacon Days Payable Historical Data

* Premium members only.

The historical data trend for Nacon'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.

Nacon Days Payable Chart

Nacon Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only 104.93 112.46 155.13 206.11 259.22

Nacon Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 259.74 181.40 308.01 253.68 371.22

STU:4AW vs NTES, EA, TTWO: Days Payable Comparison

For the Electronic Gaming & Multimedia subindustry, Nacon'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.


Nacon Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nacon's Days Payable distribution charts can be found below:

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


STU:4AW
45GF Score
Nacon SA STU:4AW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nacon 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.

Nacon's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (40.443 + 44.502) / 2 ) / 59.804*365
=42.4725 / 59.804*365
=259.22

Nacon'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: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (44.502 + 51.821) / 2 ) / 23.677*365 / 2
=48.1615 / 23.677*365 / 2
=371.22

* 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 371.22 mean?
Nacon (STU:4AW) has a Days Payable of 371.22 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 Nacon and its competitors. This is 139% above median its historical median of 155.13. Over the past decade, Nacon's Days Payable has ranged from 104.93 to 308.42. According to the industry distribution chart, Nacon ranks #72 out of 430 companies in the Interactive Media industry, placing it in the top 16.7%.
Is Nacon's Days Payable too high?
Nacon's current Days Payable of 371.22 is 139% above median its 10-year median of 155.13. Over the past 10 years, this metric has ranged from a low of 104.93 to a high of 308.42. The Interactive Media industry median Days Payable is 65.60. Nacon's value of 371.22 is 465.9% above this industry median. Based on the distribution chart, Nacon ranks #72 out of 430 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Nacon has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nacon's Days Payable compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nacon ranks #72 out of 430 companies for Days Payable. This places Nacon in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 65.60. Nacon's value of 371.22 is 465.9% above this benchmark. Historically, Nacon's own Days Payable has ranged from 104.93 to 308.42 over the past decade. While the company's 10-year median is 155.13 vs. the industry median of 65.60, Nacon 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.60, based on 430 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. Nacon's current Days Payable of 371.22 is 465.9% 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 Nacon and its competitors. For the Interactive Media industry, the median Days Payable is 65.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nacon's current Days Payable is 371.22, which is 139% above median its own 10-year median of 155.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nacon stock overvalued right now?
Based on GuruFocus' analysis, Nacon (STU:4AW) is currently considered Possible Value Trap. The stock's GF Value™ is €0.94, compared to a current price of €0.16 — trading 82.7% below its estimated fair value. The current Days Payable is 371.22, which is 139% above median its 10-year median of 155.13 and 465.9% above the Interactive Media industry median of 65.60. Nacon's overall GF Score™ is 45/100 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 Nacon (STU:4AW), the current Days Payable is 371.22 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 Nacon (STU:4AW) Overvalued in 2026?

Based on GuruFocus' analysis, Nacon stock appears to be undervalued. The current stock price of €0.16 is trading 82.7% below its estimated GF Value™ of €0.94. GuruFocus considers Nacon to be Possible Value Trap.

Key valuation signals for STU:4AW:

  • Days Payable: 371.22 (139% above median its 10-year median of 155.13)
  • GF Value™: €0.94 vs. price of €0.16 (82.7% below fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 465.9% above the Interactive Media median (#72 of 430)

No single metric tells the full story. See the STU:4AW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nacon Business Description

Other Exchanges 0A9N:UKNACON:France
Address 396/466, Rue de la Voyette, CRT 2, Fretin, FRA, 59273
Nacon SA is engaged in the development, publishing, marketing, and distribution of video games in physical and digital formats and the design, development, manufacturing, and distribution of video game accessories. Products/services: The Group offers video game software for consoles and PC, including internally and externally developed titles, and a range of gaming accessories such as controllers and related peripherals. Segments: It operates through two main segments, comprising video games (development and publishing) and gaming accessories. The Group operates internationally, with activities covering Europe, North America, and other international markets through digital platforms, distributors, and subsidiaries.
45GF Score

Get the complete analysis for STU:4AW

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

€0.16
Price
€0.94
GF Value