Zarneni Hrani O (XBUL:ZHBG) Days Payable: 65.47 (As of Dec. 2025) — 13% Above Median

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What is Zarneni Hrani O Days Payable?

Zarneni Hrani O XBUL:ZHBG Days Payable is 65.47 as of Dec. 2025, which is 13% above its 10-year median of 57.89. The stock has 4 warning signs investors should review. Among 1,888 Consumer Packaged Goods companies, Zarneni Hrani O ranks better than 79.18% on this metric.

Zarneni Hrani O's average Accounts Payable for the three months ended in Dec. 2025 was €2.61 Mil. Zarneni Hrani O's Cost of Goods Sold for the three months ended in Dec. 2025 was €3.64 Mil. Hence, Zarneni Hrani O's Days Payable for the three months ended in Dec. 2025 was 65.47.

The historical rank and industry rank for Zarneni Hrani O's Days Payable or its related term are showing as below:

XBUL:ZHBG' s Days Payable Range Over the Past 10 Years
Min: 39.58   Med: 57.89   Max: 145.24
Current: 86.59

During the past 13 years, Zarneni Hrani O's highest Days Payable was 145.24. The lowest was 39.58. And the median was 57.89.

XBUL:ZHBG's Days Payable is ranked better than
79.18% of 1888 companies
in the Consumer Packaged Goods industry
Industry Median: 43.945 vs XBUL:ZHBG: 86.59

Zarneni Hrani O's Days Payable increased from Dec. 2024 (49.73) to Dec. 2025 (65.47). It may suggest that Zarneni Hrani O delayed paying its suppliers.


Zarneni Hrani O Days Payable Historical Data

* Premium members only.

The historical data trend for Zarneni Hrani O'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.

Zarneni Hrani O Days Payable Chart

Zarneni Hrani O 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 44.67 41.22 44.66 39.58 58.69

Zarneni Hrani O Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 49.73 40.54 116.20 0.00 65.47

XBUL:ZHBG vs ADM, BG, TSN: Days Payable Comparison

For the Farm Products subindustry, Zarneni Hrani O'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.


Zarneni Hrani O Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zarneni Hrani O's Days Payable distribution charts can be found below:

* The bar in red indicates where Zarneni Hrani O's Days Payable falls into.



Zarneni Hrani O 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.

Zarneni Hrani O'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
=( (2.542 + 1.728) / 2 ) / 13.278*365
=2.135 / 13.278*365
=58.69

Zarneni Hrani O'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
=( (3.488 + 1.728) / 2 ) / 3.635*365 / 4
=2.608 / 3.635*365 / 4
=65.47

* 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 65.47 mean?
Zarneni Hrani O (XBUL:ZHBG) has a Days Payable of 65.47 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 Zarneni Hrani O and its competitors. This is 13% above median its historical median of 57.89. Over the past decade, Zarneni Hrani O's Days Payable has ranged from 39.58 to 145.24. According to the industry distribution chart, Zarneni Hrani O ranks #393 out of 1888 companies in the Consumer Packaged Goods industry, placing it in the top 20.8%.
Is Zarneni Hrani O's Days Payable too high?
Zarneni Hrani O's current Days Payable of 65.47 is 13% above median its 10-year median of 57.89. Over the past 10 years, this metric has ranged from a low of 39.58 to a high of 145.24. The Consumer Packaged Goods industry median Days Payable is 43.95. Zarneni Hrani O's value of 65.47 is 49% above this industry median. Based on the distribution chart, Zarneni Hrani O ranks #393 out of 1888 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Zarneni Hrani O's Days Payable compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Zarneni Hrani O ranks #393 out of 1888 companies for Days Payable. This places Zarneni Hrani O in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 43.95. Zarneni Hrani O's value of 65.47 is 49% above this benchmark. Historically, Zarneni Hrani O's own Days Payable has ranged from 39.58 to 145.24 over the past decade. While the company's 10-year median is 57.89 vs. the industry median of 43.95, Zarneni Hrani O 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 43.95, based on 1,888 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. Zarneni Hrani O's current Days Payable of 65.47 is 49% 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 Zarneni Hrani O and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zarneni Hrani O's current Days Payable is 65.47, which is 13% above median its own 10-year median of 57.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zarneni Hrani O stock overvalued right now?
Based on GuruFocus' analysis, Zarneni Hrani O (XBUL:ZHBG) is currently considered Possible Value Trap. The stock's GF Value™ is €0.10, compared to a current price of €0.07 — trading 35% below its estimated fair value. The current Days Payable is 65.47, which is 13% above median its 10-year median of 57.89 and 49% above the Consumer Packaged Goods industry median of 43.95. 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 Zarneni Hrani O (XBUL:ZHBG), the current Days Payable is 65.47 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.

Zarneni Hrani O Business Description

Address 2 Stefan Karadja street, Sofia, BGR, 1000
Zarneni Hrani O is an agribusiness company. It is engaged in the distribution of fertilizers and chemicals, oilseed processing, storage & trade in grains and oilseeds, biodiesel production & logistics services. It offers services to farmers. The company has three segments Manufacturing, Trading and services, of which Manufacturing segment derives maximum revenue. The Manufacturing segment includes production of vegetable oils; production of biodiesel; processing and extraction of technical oils; extraction of crude oil and natural gas; processing of oil and condensate, production of petroleum products, polymers and synthetic fibers; production of low-voltage electrical equipment; processing and trading of plastics; production and trading of polyethylene products.