Veem (VEEMF) Days Payable: 146.21 (As of Dec. 2025) — 88% Above Median


VEEMF Veem Ltd VEEMF
57 GF Score
Price $0.41
GF Value $0.54
! 6 Warning Signs
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What is Veem Days Payable?

Veem VEEMF 57 Days Payable is 146.21 as of Dec. 2025, which is 88% above its 10-year median of 77.71. GuruFocus rates VEEMF with a GF Score™ of 57/100 and a GF Value™ of $0.54. The stock has 6 warning signs investors should review. Among 337 Aerospace & Defense companies, Veem ranks better than 67.66% on this metric.

Veem's average Accounts Payable for the six months ended in Dec. 2025 was $3.61 Mil. Veem's Cost of Goods Sold for the six months ended in Dec. 2025 was $4.51 Mil. Hence, Veem's Days Payable for the six months ended in Dec. 2025 was 146.21.

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

VEEMF' s Days Payable Range Over the Past 10 Years
Min: 52.6   Med: 77.71   Max: 108.95
Current: 108.89

During the past 9 years, Veem's highest Days Payable was 108.95. The lowest was 52.60. And the median was 77.71.

VEEMF's Days Payable is ranked better than
67.66% of 337 companies
in the Aerospace & Defense industry
Industry Median: 65.05 vs VEEMF: 108.89

Veem's Days Payable increased from Dec. 2024 (96.10) to Dec. 2025 (146.21). It may suggest that Veem delayed paying its suppliers.


Veem Days Payable Historical Data

* Premium members only.

The historical data trend for Veem'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.

Veem Days Payable Chart

Veem Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only 50.47 74.92 79.01 57.22 82.26

Veem Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 96.14 58.75 96.10 83.88 146.21

VEEMF vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Veem'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.


Veem Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Veem's Days Payable distribution charts can be found below:

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


VEEMF
57GF Score
Veem Ltd VEEMF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Veem 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.

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

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (4.174 + 3.529) / 2 ) / 17.09*365
=3.8515 / 17.09*365
=82.26

Veem'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (3.529 + 3.691) / 2 ) / 4.506*365 / 2
=3.61 / 4.506*365 / 2
=146.21

* 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 146.21 mean?
Veem (VEEMF) has a Days Payable of 146.21 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 Veem and its competitors. This is 88% above median its historical median of 77.71. Over the past decade, Veem's Days Payable has ranged from 52.60 to 108.95. According to the industry distribution chart, Veem ranks #109 out of 337 companies in the Aerospace & Defense industry, placing it in the top 32.3%.
Is Veem's Days Payable too high?
Veem's current Days Payable of 146.21 is 88% above median its 10-year median of 77.71. Over the past 10 years, this metric has ranged from a low of 52.60 to a high of 108.95. The Aerospace & Defense industry median Days Payable is 65.05. Veem's value of 146.21 is 124.8% above this industry median. Based on the distribution chart, Veem ranks #109 out of 337 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Veem has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Veem's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Veem ranks #109 out of 337 companies for Days Payable. This puts Veem in the upper half of its industry. The industry median Days Payable is 65.05. Veem's value of 146.21 is 124.8% above this benchmark. Historically, Veem's own Days Payable has ranged from 52.60 to 108.95 over the past decade. While the company's 10-year median is 77.71 vs. the industry median of 65.05, Veem 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. Veem's current Days Payable of 146.21 is 124.8% 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 Veem and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veem's current Days Payable is 146.21, which is 88% above median its own 10-year median of 77.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veem stock overvalued right now?
Veem (VEEMF) has a current Days Payable of 146.21. The stock's GF Value™ is $0.54, compared to a current price of $0.41 — trading 23.3% below its estimated fair value. The current Days Payable is 146.21, which is 88% above median its 10-year median of 77.71 and 124.8% above the Aerospace & Defense industry median of 65.05. Veem's overall GF Score™ is 57/100 with 6 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 Veem (VEEMF), the current Days Payable is 146.21 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 Veem (VEEMF) Overvalued in 2026?

Based on GuruFocus' analysis, Veem stock appears to be undervalued. The current stock price of $0.41 is trading 23.3% below its estimated GF Value™ of $0.54.

Key valuation signals for VEEMF:

  • Days Payable: 146.21 (88% above median its 10-year median of 77.71)
  • GF Value™: $0.54 vs. price of $0.41 (23.3% below fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 124.8% above the Aerospace & Defense median (#109 of 337)

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


Veem Business Description

Other Exchanges VEE:Australia
Address 22 Baile Road, Canning Vale, WA, AUS, 6155
Veem Ltd is a marine technology company engaged in the production of marine propulsion and stabilization systems for the luxury motor yacht, fast ferry, commercial workboat and defence industries of various countries. Additionally, the company also manufactures bespoke engineered products and services for the marine, defence and mining industries. Revenue is generated mainly from the sale of marine propulsion products, stabilization systems, and related engineering services.
57GF Score

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

$0.41
Price
$0.54
GF Value