PNE AG (WBO:PNE3) Days Payable: 373.59 (As of Mar. 2026) — 15% Above Median


WBO:PNE3 PNE AG WBO:PNE3
50 GF Score
Price €10.62
GF Value €27.10
Valuation Possible Value Trap
! 6 Warning Signs
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What is PNE AG Days Payable?

PNE AG WBO:PNE3 -0.38% 50 Days Payable is 373.59 as of Mar. 2026, which is 15% above its 10-year median of 325.86. GuruFocus rates WBO:PNE3 with a GF Score™ of 50/100 and a GF Value™ of €27.10 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 391 Utilities - Independent Power Producers companies, PNE AG ranks better than 85.42% on this metric.

PNE AG's average Accounts Payable for the three months ended in Mar. 2026 was €63.1 Mil. PNE AG's Cost of Goods Sold for the three months ended in Mar. 2026 was €15.4 Mil. Hence, PNE AG's Days Payable for the three months ended in Mar. 2026 was 373.59.

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

WBO:PNE3' s Days Payable Range Over the Past 10 Years
Min: 60.8   Med: 325.86   Max: 1599.13
Current: 365.44

During the past 13 years, PNE AG's highest Days Payable was 1599.13. The lowest was 60.80. And the median was 325.86.

WBO:PNE3's Days Payable is ranked better than
85.42% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.51 vs WBO:PNE3: 365.44

PNE AG's Days Payable declined from Mar. 2025 (1,016.79) to Mar. 2026 (373.59). It may suggest that PNE AG accelerated paying its suppliers.


PNE AG Days Payable Historical Data

* Premium members only.

The historical data trend for PNE 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.

PNE AG Days Payable Chart

PNE 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 331.91 467.73 1,599.13 439.45 444.94

PNE 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 1,016.79 386.03 310.70 429.06 373.59

PNE AG Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, PNE 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.


PNE AG Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PNE AG's Days Payable distribution charts can be found below:

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


WBO:PNE3
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PNE AG WBO:PNE3
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PNE 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.

PNE 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
=( (73.7 + 66) / 2 ) / 57.3*365
=69.85 / 57.3*365
=444.94

PNE 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
=( (66 + 60.1) / 2 ) / 15.4*365 / 4
=63.05 / 15.4*365 / 4
=373.59

* 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 373.59 mean?
PNE AG (WBO:PNE3) has a Days Payable of 373.59 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 PNE AG and its competitors. This is 15% above median its historical median of 325.86. Over the past decade, PNE AG's Days Payable has ranged from 60.80 to 1,599.13. According to the industry distribution chart, PNE AG ranks #57 out of 391 companies in the Utilities - Independent Power Producers industry, placing it in the top 14.6%.
Is PNE AG's Days Payable too high?
PNE AG's current Days Payable of 373.59 is 15% above median its 10-year median of 325.86. Over the past 10 years, this metric has ranged from a low of 60.80 to a high of 1,599.13. The Utilities - Independent Power Producers industry median Days Payable is 79.51. PNE AG's value of 373.59 is 369.9% above this industry median. Based on the distribution chart, PNE AG ranks #57 out of 391 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, PNE AG has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PNE AG's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, PNE AG ranks #57 out of 391 companies for Days Payable. This places PNE AG in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 79.51. PNE AG's value of 373.59 is 369.9% above this benchmark. Historically, PNE AG's own Days Payable has ranged from 60.80 to 1,599.13 over the past decade. While the company's 10-year median is 325.86 vs. the industry median of 79.51, PNE 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.51, based on 391 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. PNE AG's current Days Payable of 373.59 is 369.9% 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 PNE AG and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNE AG's current Days Payable is 373.59, which is 15% above median its own 10-year median of 325.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE AG stock overvalued right now?
Based on GuruFocus' analysis, PNE AG (WBO:PNE3) is currently considered Possible Value Trap. The stock's GF Value™ is €27.10, compared to a current price of €10.62 — trading 60.8% below its estimated fair value. The current Days Payable is 373.59, which is 15% above median its 10-year median of 325.86 and 369.9% above the Utilities - Independent Power Producers industry median of 79.51. PNE AG's overall GF Score™ is 50/100 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 PNE AG (WBO:PNE3), the current Days Payable is 373.59 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 PNE AG (WBO:PNE3) Overvalued in 2026?

Based on GuruFocus' analysis, PNE AG stock appears to be undervalued. The current stock price of €10.62 is trading 60.8% below its estimated GF Value™ of €27.10. GuruFocus considers PNE AG to be Possible Value Trap.

Key valuation signals for WBO:PNE3:

  • Days Payable: 373.59 (15% above median its 10-year median of 325.86)
  • GF Value™: €27.10 vs. price of €10.62 (60.8% below fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 369.9% above the Utilities - Independent Power Producers median (#57 of 391)

No single metric tells the full story. See the WBO:PNE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PNE AG Business Description

Address Peter Henlein-Strasse 2-4, Cuxhaven, NI, DEU, 27472
PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects), power generation, and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.62
Price
€27.10
GF Value