FORTEC Elektronik AG (WBO:FEV) Days Payable: 33.32 (As of Mar. 2026) — Near Median


WBO:FEV FORTEC Elektronik AG WBO:FEV
71 GF Score
Price €13.00
GF Value €15.87
! 7 Warning Signs
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What is FORTEC Elektronik AG Days Payable?

FORTEC Elektronik AG WBO:FEV -3.35% 71 Days Payable is 33.32 as of Mar. 2026, which is 1% below its 10-year median of 33.67. GuruFocus rates WBO:FEV with a GF Score™ of 71/100 and a GF Value™ of €15.87. The stock has 7 warning signs investors should review. Among 2,438 Hardware companies, FORTEC Elektronik AG ranks worse than 80.27% on this metric.

FORTEC Elektronik AG's average Accounts Payable for the three months ended in Mar. 2026 was €5.21 Mil. FORTEC Elektronik AG's Cost of Goods Sold for the three months ended in Mar. 2026 was €14.27 Mil. Hence, FORTEC Elektronik AG's Days Payable for the three months ended in Mar. 2026 was 33.32.

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

WBO:FEV' s Days Payable Range Over the Past 10 Years
Min: 22.39   Med: 33.67   Max: 37.78
Current: 36.87

During the past 13 years, FORTEC Elektronik AG's highest Days Payable was 37.78. The lowest was 22.39. And the median was 33.67.

WBO:FEV's Days Payable is ranked worse than
80.27% of 2438 companies
in the Hardware industry
Industry Median: 69.935 vs WBO:FEV: 36.87

FORTEC Elektronik AG's Days Payable declined from Mar. 2025 (38.52) to Mar. 2026 (33.32). It may suggest that FORTEC Elektronik AG accelerated paying its suppliers.


FORTEC Elektronik AG Days Payable Historical Data

* Premium members only.

The historical data trend for FORTEC Elektronik 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.

FORTEC Elektronik AG Days Payable Chart

FORTEC Elektronik AG Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.52 34.86 33.74 37.78 36.89

FORTEC Elektronik 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 38.52 35.35 34.47 40.02 33.32

WBO:FEV vs SNX, ARW, AVT: Days Payable Comparison

For the Electronics & Computer Distribution subindustry, FORTEC Elektronik 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.


FORTEC Elektronik AG Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, FORTEC Elektronik AG's Days Payable distribution charts can be found below:

* The bar in red indicates where FORTEC Elektronik AG's Days Payable falls into.


WBO:FEV
71GF Score
FORTEC Elektronik AG WBO:FEV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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FORTEC Elektronik 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.

FORTEC Elektronik AG'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
=( (6.321 + 4.398) / 2 ) / 53.033*365
=5.3595 / 53.033*365
=36.89

FORTEC Elektronik 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
=( (5.183 + 5.24) / 2 ) / 14.271*365 / 4
=5.2115 / 14.271*365 / 4
=33.32

* 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 33.32 mean?
FORTEC Elektronik AG (WBO:FEV) has a Days Payable of 33.32 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 FORTEC Elektronik AG and its competitors. This is near median its historical median of 33.67. Over the past decade, FORTEC Elektronik AG's Days Payable has ranged from 22.39 to 37.78. According to the industry distribution chart, FORTEC Elektronik AG ranks #1957 out of 2438 companies in the Hardware industry, placing it in the top 80.3%.
Is FORTEC Elektronik AG's Days Payable too high?
FORTEC Elektronik AG's current Days Payable of 33.32 is near median its 10-year median of 33.67. Over the past 10 years, this metric has ranged from a low of 22.39 to a high of 37.78. The Hardware industry median Days Payable is 69.94. FORTEC Elektronik AG's value of 33.32 is 52.4% below this industry median. Based on the distribution chart, FORTEC Elektronik AG ranks #1957 out of 2438 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, FORTEC Elektronik AG has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does FORTEC Elektronik AG's Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, FORTEC Elektronik AG ranks #1957 out of 2438 companies for Days Payable. This places FORTEC Elektronik AG in the lower half of its industry. The industry median Days Payable is 69.94. FORTEC Elektronik AG's value of 33.32 is 52.4% below this benchmark. Historically, FORTEC Elektronik AG's own Days Payable has ranged from 22.39 to 37.78 over the past decade. While the company's 10-year median is 33.67 vs. the industry median of 69.94, FORTEC Elektronik AG has consistently been below 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,438 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. FORTEC Elektronik AG's current Days Payable of 33.32 is 52.4% below 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 FORTEC Elektronik AG and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FORTEC Elektronik AG's current Days Payable is 33.32, which is near median its own 10-year median of 33.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FORTEC Elektronik AG stock overvalued right now?
FORTEC Elektronik AG (WBO:FEV) has a current Days Payable of 33.32. The stock's GF Value™ is €15.87, compared to a current price of €13.00 — trading 18.1% below its estimated fair value. The current Days Payable is 33.32, which is near median its 10-year median of 33.67 and 52.4% below the Hardware industry median of 69.94. FORTEC Elektronik AG's overall GF Score™ is 71/100 with 7 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 FORTEC Elektronik AG (WBO:FEV), the current Days Payable is 33.32 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 FORTEC Elektronik AG (WBO:FEV) Overvalued in 2026?

Based on GuruFocus' analysis, FORTEC Elektronik AG stock appears to be undervalued. The current stock price of €13.00 is trading 18.1% below its estimated GF Value™ of €15.87.

Key valuation signals for WBO:FEV:

  • Days Payable: 33.32 (near median its 10-year median of 33.67)
  • GF Value™: €15.87 vs. price of €13.00 (18.1% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 52.4% below the Hardware median (#1957 of 2438)

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


FORTEC Elektronik AG Business Description

Other Exchanges 0HQQ:UKFEV:Germany
Address Augsburger Street 2B, Germering, DEU, 82110
FORTEC Elektronik AG is a Germany based company. It is a system supplier for equipment manufacturers of industrial high-tech products. Its product portfolio includes large format displays, displays with LED backlight, touchscreens, single board computer, embedded motherboards, slot CPU cards, and VacuBond. chassis mount, external power supplies, among others. It has two operating segments: Data visualisation and Power Supplies.
71GF Score

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

€13.00
Price
€15.87
GF Value