Lavena AD - Shumen (XBUL:LAV) Days Payable: 60.19 (As of Mar. 2026) — 31% Above Median

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XBUL:LAV Lavena AD - Shumen XBUL:LAV
67 GF Score
Price €1.19
GF Value €2.52
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Lavena AD - Shumen Days Payable?

Lavena AD - Shumen XBUL:LAV 67 Days Payable is 60.19 as of Mar. 2026, which is 31% above its 10-year median of 45.91. GuruFocus rates XBUL:LAV with a GF Score™ of 67/100 and a GF Value™ of €2.52 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Lavena AD - Shumen ranks better than 53.85% on this metric.

Lavena AD - Shumen's average Accounts Payable for the three months ended in Mar. 2026 was €1.04 Mil. Lavena AD - Shumen's Cost of Goods Sold for the three months ended in Mar. 2026 was €1.58 Mil. Hence, Lavena AD - Shumen's Days Payable for the three months ended in Mar. 2026 was 60.19.

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

XBUL:LAV' s Days Payable Range Over the Past 10 Years
Min: 26.39   Med: 45.91   Max: 60.55
Current: 48.02

During the past 13 years, Lavena AD - Shumen's highest Days Payable was 60.55. The lowest was 26.39. And the median was 45.91.

XBUL:LAV's Days Payable is ranked better than
53.85% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs XBUL:LAV: 48.02

Lavena AD - Shumen's Days Payable increased from Mar. 2025 (39.80) to Mar. 2026 (60.19). It may suggest that Lavena AD - Shumen delayed paying its suppliers.


Lavena AD - Shumen Days Payable Historical Data

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The historical data trend for Lavena AD - Shumen'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.

Lavena AD - Shumen Days Payable Chart

Lavena AD - Shumen 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 30.36 49.09 57.85 46.34 33.34

Lavena AD - Shumen 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 39.80 42.22 46.80 32.98 60.19

XBUL:LAV vs PG, CL, KVUE: Days Payable Comparison

For the Household & Personal Products subindustry, Lavena AD - Shumen'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.


Lavena AD - Shumen Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lavena AD - Shumen's Days Payable distribution charts can be found below:

* The bar in red indicates where Lavena AD - Shumen's Days Payable falls into.


XBUL:LAV
67GF Score
Lavena AD - Shumen XBUL:LAV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lavena AD - Shumen 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.

Lavena AD - Shumen'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
=( (0.637 + 0.514) / 2 ) / 6.301*365
=0.5755 / 6.301*365
=33.34

Lavena AD - Shumen'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
=( (0.514 + 1.565) / 2 ) / 1.576*365 / 4
=1.0395 / 1.576*365 / 4
=60.19

* 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 60.19 mean?
Lavena AD - Shumen (XBUL:LAV) has a Days Payable of 60.19 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 Lavena AD - Shumen and its competitors. This is 31% above median its historical median of 45.91. Over the past decade, Lavena AD - Shumen's Days Payable has ranged from 26.39 to 60.55. According to the industry distribution chart, Lavena AD - Shumen ranks #874 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 46.1%.
Is Lavena AD - Shumen's Days Payable too high?
Lavena AD - Shumen's current Days Payable of 60.19 is 31% above median its 10-year median of 45.91. Over the past 10 years, this metric has ranged from a low of 26.39 to a high of 60.55. The Consumer Packaged Goods industry median Days Payable is 44.15. Lavena AD - Shumen's value of 60.19 is 36.3% above this industry median. Based on the distribution chart, Lavena AD - Shumen ranks #874 out of 1894 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Lavena AD - Shumen has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lavena AD - Shumen's Days Payable compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Lavena AD - Shumen ranks #874 out of 1894 companies for Days Payable. This puts Lavena AD - Shumen in the upper half of its industry. The industry median Days Payable is 44.15. Lavena AD - Shumen's value of 60.19 is 36.3% above this benchmark. Historically, Lavena AD - Shumen's own Days Payable has ranged from 26.39 to 60.55 over the past decade. While the company's 10-year median is 45.91 vs. the industry median of 44.15, Lavena AD - Shumen 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 44.15, based on 1,894 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. Lavena AD - Shumen's current Days Payable of 60.19 is 36.3% 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 Lavena AD - Shumen and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lavena AD - Shumen's current Days Payable is 60.19, which is 31% above median its own 10-year median of 45.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lavena AD - Shumen stock overvalued right now?
Based on GuruFocus' analysis, Lavena AD - Shumen (XBUL:LAV) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.52, compared to a current price of €1.19 — trading 52.8% below its estimated fair value. The current Days Payable is 60.19, which is 31% above median its 10-year median of 45.91 and 36.3% above the Consumer Packaged Goods industry median of 44.15. Lavena AD - Shumen's overall GF Score™ is 67/100 with 2 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 Lavena AD - Shumen (XBUL:LAV), the current Days Payable is 60.19 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 Lavena AD - Shumen (XBUL:LAV) Overvalued in 2026?

Based on GuruFocus' analysis, Lavena AD - Shumen stock appears to be undervalued. The current stock price of €1.19 is trading 52.8% below its estimated GF Value™ of €2.52. GuruFocus considers Lavena AD - Shumen to be Significantly Undervalued.

Key valuation signals for XBUL:LAV:

  • Days Payable: 60.19 (31% above median its 10-year median of 45.91)
  • GF Value™: €2.52 vs. price of €1.19 (52.8% below fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 36.3% above the Consumer Packaged Goods median (#874 of 1894)

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


Lavena AD - Shumen Business Description

Address Industrial area, PO box 114, Shumen, BGR, 9700
Lavena AD - Shumen is a Bulgarian cosmetic manufacturer. The company manufactures a variety of personal hygiene and skincare items, including creams, oils, shampoos, soaps, gels, wet wipes, toothpaste, and sprays. It operates under the brands Bebble, Maternea, Footness, Hands@Work, Sport Ready, and MyRose.
67GF Score

Get the complete analysis for XBUL:LAV

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

€1.19
Price
€2.52
GF Value