Photon Energy NV (WAR:PEN) Days Payable: 146.17 (As of Mar. 2026) — 60% Above Median


WAR:PEN Photon Energy NV WAR:PEN
54 GF Score
Price zł1.26
GF Value zł6.59
Valuation Possible Value Trap
! 6 Warning Signs
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What is Photon Energy NV Days Payable?

Photon Energy NV WAR:PEN +3.28% 54 Days Payable is 146.17 as of Mar. 2026, which is 60% above its 10-year median of 91.12. GuruFocus rates WAR:PEN with a GF Score™ of 54/100 and a GF Value™ of zł6.59 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 997 Semiconductors companies, Photon Energy NV ranks better than 84.35% on this metric.

Photon Energy NV's average Accounts Payable for the three months ended in Mar. 2026 was zł74.4 Mil. Photon Energy NV's Cost of Goods Sold for the three months ended in Mar. 2026 was zł46.4 Mil. Hence, Photon Energy NV's Days Payable for the three months ended in Mar. 2026 was 146.17.

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

WAR:PEN' s Days Payable Range Over the Past 10 Years
Min: 29.03   Med: 91.12   Max: 225.37
Current: 136.61

During the past 13 years, Photon Energy NV's highest Days Payable was 225.37. The lowest was 29.03. And the median was 91.12.

WAR:PEN's Days Payable is ranked better than
84.35% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs WAR:PEN: 136.61

Photon Energy NV's Days Payable increased from Mar. 2025 (122.54) to Mar. 2026 (146.17). It may suggest that Photon Energy NV delayed paying its suppliers.


Photon Energy NV Days Payable Historical Data

* Premium members only.

The historical data trend for Photon Energy 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.

Photon Energy NV Days Payable Chart

Photon Energy 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 82.90 57.32 99.33 120.82 150.58

Photon Energy 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 122.54 108.24 135.65 202.06 146.17

WAR:PEN vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Photon Energy 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.


Photon Energy NV Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Photon Energy NV's Days Payable distribution charts can be found below:

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


WAR:PEN
54GF Score
Photon Energy NV WAR:PEN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Photon Energy 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.

Photon Energy 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
=( (66.265 + 90.967) / 2 ) / 190.559*365
=78.616 / 190.559*365
=150.58

Photon Energy 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
=( (90.967 + 57.835) / 2 ) / 46.447*365 / 4
=74.401 / 46.447*365 / 4
=146.17

* 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 146.17 mean?
Photon Energy NV (WAR:PEN) has a Days Payable of 146.17 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 Photon Energy NV and its competitors. This is 60% above median its historical median of 91.12. Over the past decade, Photon Energy NV's Days Payable has ranged from 29.03 to 225.37. According to the industry distribution chart, Photon Energy NV ranks #156 out of 997 companies in the Semiconductors industry, placing it in the top 15.6%.
Is Photon Energy NV's Days Payable too high?
Photon Energy NV's current Days Payable of 146.17 is 60% above median its 10-year median of 91.12. Over the past 10 years, this metric has ranged from a low of 29.03 to a high of 225.37. The Semiconductors industry median Days Payable is 53.06. Photon Energy NV's value of 146.17 is 175.5% above this industry median. Based on the distribution chart, Photon Energy NV ranks #156 out of 997 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Photon Energy NV has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Photon Energy NV's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Photon Energy NV ranks #156 out of 997 companies for Days Payable. This places Photon Energy NV in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. Photon Energy NV's value of 146.17 is 175.5% above this benchmark. Historically, Photon Energy NV's own Days Payable has ranged from 29.03 to 225.37 over the past decade. While the company's 10-year median is 91.12 vs. the industry median of 53.06, Photon Energy 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 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. Photon Energy NV's current Days Payable of 146.17 is 175.5% 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 Photon Energy NV 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. Photon Energy NV's current Days Payable is 146.17, which is 60% above median its own 10-year median of 91.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photon Energy NV stock overvalued right now?
Based on GuruFocus' analysis, Photon Energy NV (WAR:PEN) is currently considered Possible Value Trap. The stock's GF Value™ is zł6.59, compared to a current price of zł1.26 — trading 80.9% below its estimated fair value. The current Days Payable is 146.17, which is 60% above median its 10-year median of 91.12 and 175.5% above the Semiconductors industry median of 53.06. Photon Energy NV's overall GF Score™ is 54/100 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 Photon Energy NV (WAR:PEN), the current Days Payable is 146.17 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 Photon Energy NV (WAR:PEN) Overvalued in 2026?

Based on GuruFocus' analysis, Photon Energy NV stock appears to be undervalued. The current stock price of zł1.26 is trading 80.9% below its estimated GF Value™ of zł6.59. GuruFocus considers Photon Energy NV to be Possible Value Trap.

Key valuation signals for WAR:PEN:

  • Days Payable: 146.17 (60% above median its 10-year median of 91.12)
  • GF Value™: zł6.59 vs. price of zł1.26 (80.9% below fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 175.5% above the Semiconductors median (#156 of 997)

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


Photon Energy NV Business Description

Address Barbara Strozzilaan 201, Amsterdam, NLD, 1083HN
Photon Energy NV is an investment holding company. It engages in the provision of solar power solutions and services. The company covers the entire life cycle of solar power systems. It operates through the following business segments: Engineering, Technology, Investment, Operations and Maintenance, New Energy, and Others. It generates the majority of its revenue from the New Energy segment. It has operations in the Czech Republic, Hungary, Poland, Australia, Romania, the Slovak Republic, and Germany. The firm generates the majority of revenue from the Czech Republic.
54GF Score

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

zł1.26
Price
zł6.59
GF Value