FLOWSPARKS NV (XBRU:FLSP) Days Payable: 14.52 (As of Dec. 2025) — 21% Below Median

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XBRU:FLSP FLOWSPARKS NV XBRU:FLSP
77 GF Score
Price €25.00
GF Value €26.29
Valuation Fairly Valued
! 7 Warning Signs
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What is FLOWSPARKS NV Days Payable?

FLOWSPARKS NV XBRU:FLSP 77 Days Payable is 14.52 as of Dec. 2025, which is 21% below its 10-year median of 18.47. GuruFocus rates XBRU:FLSP with a GF Score™ of 77/100 and a GF Value™ of €26.29 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,611 Software companies, FLOWSPARKS NV ranks worse than 86.02% on this metric.

FLOWSPARKS NV's average Accounts Payable for the six months ended in Dec. 2025 was €0.31 Mil. FLOWSPARKS NV's Cost of Goods Sold for the six months ended in Dec. 2025 was €7.87 Mil. Hence, FLOWSPARKS NV's Days Payable for the six months ended in Dec. 2025 was 7.26.

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

XBRU:FLSP' s Days Payable Range Over the Past 10 Years
Min: 9.92   Med: 18.47   Max: 55.74
Current: 14.52

During the past 13 years, FLOWSPARKS NV's highest Days Payable was 55.74. The lowest was 9.92. And the median was 18.47.

XBRU:FLSP's Days Payable is ranked worse than
86.02% of 2611 companies
in the Software industry
Industry Median: 51.72 vs XBRU:FLSP: 14.52

FLOWSPARKS NV's Days Payable increased from Dec. 2023 (13.70) to Dec. 2025 (14.52). It may suggest that FLOWSPARKS NV delayed paying its suppliers.


FLOWSPARKS NV Days Payable Historical Data

* Premium members only.

The historical data trend for FLOWSPARKS 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.

FLOWSPARKS NV Days Payable Chart

FLOWSPARKS 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 17.07 19.19 13.70 9.92 14.52

FLOWSPARKS NV Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 17.07 19.19 13.70 9.92 14.52

XBRU:FLSP vs QH, SHOP, UBER: Days Payable Comparison

For the Software - Application subindustry, FLOWSPARKS 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.


FLOWSPARKS NV Days Payable vs Software Industry

For the Software industry and Technology sector, FLOWSPARKS NV's Days Payable distribution charts can be found below:

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


XBRU:FLSP
77GF Score
FLOWSPARKS NV XBRU:FLSP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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FLOWSPARKS 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.

FLOWSPARKS 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
=( (0.235 + 0.391) / 2 ) / 7.867*365
=0.313 / 7.867*365
=14.52

FLOWSPARKS NV'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: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.235 + 0.391) / 2 ) / 7.867*365 / 2
=0.313 / 7.867*365 / 2
=7.26

* 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 14.52 mean?
FLOWSPARKS NV (XBRU:FLSP) has a Days Payable of 14.52 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 FLOWSPARKS NV and its competitors. This is 21% below median its historical median of 18.47. Over the past decade, FLOWSPARKS NV's Days Payable has ranged from 9.92 to 55.74. According to the industry distribution chart, FLOWSPARKS NV ranks #2246 out of 2611 companies in the Software industry, placing it in the top 86%.
Is FLOWSPARKS NV's Days Payable too high?
FLOWSPARKS NV's current Days Payable of 14.52 is 21% below median its 10-year median of 18.47. Over the past 10 years, this metric has ranged from a low of 9.92 to a high of 55.74. The Software industry median Days Payable is 51.72. FLOWSPARKS NV's value of 14.52 is 71.9% below this industry median. Based on the distribution chart, FLOWSPARKS NV ranks #2246 out of 2611 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, FLOWSPARKS NV has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FLOWSPARKS NV's Days Payable compare to QH and SHOP?
According to the Software industry distribution chart, FLOWSPARKS NV ranks #2246 out of 2611 companies for Days Payable. This places FLOWSPARKS NV in the lower half of its industry. The industry median Days Payable is 51.72. FLOWSPARKS NV's value of 14.52 is 71.9% below this benchmark. Historically, FLOWSPARKS NV's own Days Payable has ranged from 9.92 to 55.74 over the past decade. While the company's 10-year median is 18.47 vs. the industry median of 51.72, FLOWSPARKS NV 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 Software company?
The median Days Payable among Software companies is 51.72, based on 2,611 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. FLOWSPARKS NV's current Days Payable of 14.52 is 71.9% 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 FLOWSPARKS NV and its competitors. For the Software industry, the median Days Payable is 51.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FLOWSPARKS NV's current Days Payable is 14.52, which is 21% below median its own 10-year median of 18.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FLOWSPARKS NV stock overvalued right now?
Based on GuruFocus' analysis, FLOWSPARKS NV (XBRU:FLSP) is currently considered Fairly Valued. The stock's GF Value™ is €26.29, compared to a current price of €25.00 — trading 4.9% below its estimated fair value. The current Days Payable is 14.52, which is 21% below median its 10-year median of 18.47 and 71.9% below the Software industry median of 51.72. FLOWSPARKS NV's overall GF Score™ is 77/100 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 FLOWSPARKS NV (XBRU:FLSP), the current Days Payable is 14.52 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 FLOWSPARKS NV (XBRU:FLSP) Overvalued in 2026?

Based on GuruFocus' analysis, FLOWSPARKS NV stock appears to be undervalued. The current stock price of €25.00 is trading 4.9% below its estimated GF Value™ of €26.29. GuruFocus considers FLOWSPARKS NV to be Fairly Valued.

Key valuation signals for XBRU:FLSP:

  • Days Payable: 14.52 (21% below median its 10-year median of 18.47)
  • GF Value™: €26.29 vs. price of €25.00 (4.9% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 71.9% below the Software median (#2246 of 2611)

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


FLOWSPARKS NV Business Description

Address MeetDistrict - Ottergemsesteenweg - Zuid 808, PO Box B545, Ghent, BEL, 9000
FLOWSPARKS NV is engaged in providing online educational services. It provides an e-learning platform that enables organizations to create, manage, and deliver digital training based on their internal expertise. With built-in instructional design, multilingual capabilities, reporting features, and AI Co-Authoring, FLOWSPARKS helps companies scale training across teams, locations, and languages. In addition to the platform, it offers customized training content creation services for customers who require support.
77GF Score

Get the complete analysis for XBRU:FLSP

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

€25.00
Price
€26.29
GF Value