Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cumulex NVXBRU:CLEX 25 Days Payable is 65.18 as of Jun. 2026, which is 49% below its 10-year median of 128.63. GuruFocus rates XBRU:CLEX with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 1,897 Consumer Packaged Goods companies, Cumulex NV ranks better than 73.38% on this metric.
Cumulex NV's average Accounts Payable for the
six
months ended in Jun. 2026 was €0.02 Mil. Cumulex NV's Cost of Goods Sold for the
six
months ended in Jun. 2026 was €0.04 Mil.
Hence, Cumulex NV's Days Payable for the
six
months ended in Jun. 2026 was 65.18.
The historical rank and industry rank for Cumulex NV's Days Payable or its related term are showing as below:
XBRU:CLEX'
s Days Payable Range Over the Past 10 Years
Min: 70.19 Med: 128.63 Max: 160.24
Current: 72.04
During the past 13 years, Cumulex NV's highest Days Payable was 160.24. The lowest was 70.19. And the median was 128.63.
XBRU:CLEX's Days Payable is ranked better than 73.38% of 1897
companies
in the Consumer Packaged Goods industry
Industry Median: 44.09
vs XBRU:CLEX: 72.04
Cumulex NV's Days Payable
declined
from Jun. 2025 (133.54) to Jun. 2026 (65.18).
It may suggest that Cumulex NVaccelerated paying its suppliers.
The historical data trend for Cumulex 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.
XBRU:CLEX vs MDLZ, HSY, TR: Days Payable Comparison
For the Confectioners subindustry, Cumulex 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.
Cumulex NV Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Cumulex NV's Days Payable distribution charts can be found below:
* The bar in red indicates where Cumulex NV's Days Payable falls into.
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.
Cumulex NV's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Cumulex NV (XBRU:CLEX) has a Days Payable of 65.18 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cumulex NV and its competitors. This is 49% below median its historical median of 128.63. Over the past decade, Cumulex NV's Days Payable has ranged from 70.19 to 160.24. According to the industry distribution chart, Cumulex NV ranks #505 out of 1897 companies in the Consumer Packaged Goods industry, placing it in the top 26.6%.
Is Cumulex NV's Days Payable too high?
Cumulex NV's current Days Payable of 65.18 is 49% below median its 10-year median of 128.63. Over the past 10 years, this metric has ranged from a low of 70.19 to a high of 160.24. The Consumer Packaged Goods industry median Days Payable is 44.09. Cumulex NV's value of 65.18 is 47.8% above this industry median. Based on the distribution chart, Cumulex NV ranks #505 out of 1897 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Cumulex NV has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Cumulex NV's Days Payable compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Cumulex NV ranks #505 out of 1897 companies for Days Payable. This puts Cumulex NV in the upper half of its industry. The industry median Days Payable is 44.09. Cumulex NV's value of 65.18 is 47.8% above this benchmark. Historically, Cumulex NV's own Days Payable has ranged from 70.19 to 160.24 over the past decade. While the company's 10-year median is 128.63 vs. the industry median of 44.09, Cumulex 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.09, based on 1,897 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. Cumulex NV's current Days Payable of 65.18 is 47.8% 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 Cumulex NV and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cumulex NV's current Days Payable is 65.18, which is 49% below median its own 10-year median of 128.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cumulex NV stock overvalued right now?
Cumulex NV (XBRU:CLEX) has a current Days Payable of 65.18. The current Days Payable is 65.18, which is 49% below median its 10-year median of 128.63 and 47.8% above the Consumer Packaged Goods industry median of 44.09. Cumulex NV's overall GF Score™ is 25/100 with 1 warning sign 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 Cumulex NV (XBRU:CLEX), the current Days Payable is 65.18 as of Jun. 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XBRU:CLEX has been successfully added to your 
