Favorit Hold AD (XBUL:FAVH) Days Payable: 317.76 (As of Dec. 2025) — 72% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XBUL:FAVH Favorit Hold AD XBUL:FAVH
60 GF Score
Price €0.50
GF Value €3.07
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Favorit Hold AD Days Payable?

Favorit Hold AD XBUL:FAVH 60 Days Payable is 317.76 as of Dec. 2025, which is 72% above its 10-year median of 184.28. GuruFocus rates XBUL:FAVH with a GF Score™ of 60/100 and a GF Value™ of €3.07 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 539 Capital Markets companies, Favorit Hold AD ranks better than 75.51% on this metric.

Favorit Hold AD's average Accounts Payable for the three months ended in Dec. 2025 was €32.25 Mil. Favorit Hold AD's Cost of Goods Sold for the three months ended in Dec. 2025 was €9.26 Mil. Hence, Favorit Hold AD's Days Payable for the three months ended in Dec. 2025 was 317.76.

The historical rank and industry rank for Favorit Hold AD's Days Payable or its related term are showing as below:

XBUL:FAVH' s Days Payable Range Over the Past 10 Years
Min: 16.67   Med: 184.28   Max: 632.16
Current: 632.16

During the past 13 years, Favorit Hold AD's highest Days Payable was 632.16. The lowest was 16.67. And the median was 184.28.

XBUL:FAVH's Days Payable is ranked better than
75.51% of 539 companies
in the Capital Markets industry
Industry Median: 91.67 vs XBUL:FAVH: 632.16

Favorit Hold AD's Days Payable increased from Sep. 2024 (230.22) to Dec. 2025 (317.76). It may suggest that Favorit Hold AD delayed paying its suppliers.


Favorit Hold AD Days Payable Historical Data

* Premium members only.

The historical data trend for Favorit Hold AD'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.

Favorit Hold AD Days Payable Chart

Favorit Hold AD Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 254.82 203.00 183.68 184.87 260.61

Favorit Hold AD Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 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 Premium Member Only 230.22 231.28 0.00 379.20 317.76

XBUL:FAVH vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Favorit Hold AD'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.


Favorit Hold AD Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Favorit Hold AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Favorit Hold AD's Days Payable falls into.


XBUL:FAVH
60GF Score
Favorit Hold AD XBUL:FAVH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Favorit Hold AD 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.

Favorit Hold AD'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
=( (23.392 + 29.11) / 2 ) / 36.766*365
=26.251 / 36.766*365
=260.61

Favorit Hold AD'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (35.397 + 29.11) / 2 ) / 9.262*365 / 4
=32.2535 / 9.262*365 / 4
=317.76

* 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 317.76 mean?
Favorit Hold AD (XBUL:FAVH) has a Days Payable of 317.76 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 Favorit Hold AD and its competitors. This is 72% above median its historical median of 184.28. Over the past decade, Favorit Hold AD's Days Payable has ranged from 16.67 to 632.16. According to the industry distribution chart, Favorit Hold AD ranks #132 out of 539 companies in the Capital Markets industry, placing it in the top 24.5%.
Is Favorit Hold AD's Days Payable too high?
Favorit Hold AD's current Days Payable of 317.76 is 72% above median its 10-year median of 184.28. Over the past 10 years, this metric has ranged from a low of 16.67 to a high of 632.16. The Capital Markets industry median Days Payable is 91.67. Favorit Hold AD's value of 317.76 is 246.6% above this industry median. Based on the distribution chart, Favorit Hold AD ranks #132 out of 539 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Favorit Hold AD has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Favorit Hold AD's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Favorit Hold AD ranks #132 out of 539 companies for Days Payable. This places Favorit Hold AD in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 91.67. Favorit Hold AD's value of 317.76 is 246.6% above this benchmark. Historically, Favorit Hold AD's own Days Payable has ranged from 16.67 to 632.16 over the past decade. While the company's 10-year median is 184.28 vs. the industry median of 91.67, Favorit Hold AD 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.67, based on 539 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. Favorit Hold AD's current Days Payable of 317.76 is 246.6% 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 Favorit Hold AD and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Favorit Hold AD's current Days Payable is 317.76, which is 72% above median its own 10-year median of 184.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Favorit Hold AD stock overvalued right now?
Based on GuruFocus' analysis, Favorit Hold AD (XBUL:FAVH) is currently considered Possible Value Trap. The stock's GF Value™ is €3.07, compared to a current price of €0.50 — trading 83.8% below its estimated fair value. The current Days Payable is 317.76, which is 72% above median its 10-year median of 184.28 and 246.6% above the Capital Markets industry median of 91.67. Favorit Hold AD's overall GF Score™ is 60/100 with 3 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 Favorit Hold AD (XBUL:FAVH), the current Days Payable is 317.76 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 Favorit Hold AD (XBUL:FAVH) Overvalued in 2026?

Based on GuruFocus' analysis, Favorit Hold AD stock appears to be undervalued. The current stock price of €0.50 is trading 83.8% below its estimated GF Value™ of €3.07. GuruFocus considers Favorit Hold AD to be Possible Value Trap.

Key valuation signals for XBUL:FAVH:

  • Days Payable: 317.76 (72% above median its 10-year median of 184.28)
  • GF Value™: €3.07 vs. price of €0.50 (83.8% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 246.6% above the Capital Markets median (#132 of 539)

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


Favorit Hold AD Business Description

Address Ul. Angel Kanchev 25, Sofia, BGR, 1000
Favorit Hold AD is engaged in Acquisition, management, evaluation and sales of participation in Bulgarian and foreign companies; acquisition, management and sale of bonds; acquisition, management and sale of patents.
60GF Score

Get the complete analysis for XBUL:FAVH

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

€0.50
Price
€3.07
GF Value