Neinor Homes (XMAD:HOME) Days Payable: 96.70 (As of Dec. 2025) — 33% Below Median


XMAD:HOME Neinor Homes SA XMAD:HOME
79 GF Score
Price €16.46
GF Value €13.91
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Neinor Homes Days Payable?

Neinor Homes XMAD:HOME -0.12% 79 Days Payable is 96.70 as of Dec. 2025, which is 33% below its 10-year median of 143.63. GuruFocus rates XMAD:HOME with a GF Score™ of 79/100 and a GF Value™ of €13.91 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,573 Real Estate companies, Neinor Homes ranks better than 60.39% on this metric.

Neinor Homes's average Accounts Payable for the six months ended in Dec. 2025 was €218.9 Mil. Neinor Homes's Cost of Goods Sold for the six months ended in Dec. 2025 was €413.2 Mil. Hence, Neinor Homes's Days Payable for the six months ended in Dec. 2025 was 96.70.

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

XMAD:HOME' s Days Payable Range Over the Past 10 Years
Min: 50.73   Med: 143.63   Max: 159.87
Current: 135.7

During the past 11 years, Neinor Homes's highest Days Payable was 159.87. The lowest was 50.73. And the median was 143.63.

XMAD:HOME's Days Payable is ranked better than
60.39% of 1573 companies
in the Real Estate industry
Industry Median: 94.03 vs XMAD:HOME: 135.70

Neinor Homes's Days Payable declined from Dec. 2024 (108.68) to Dec. 2025 (96.70). It may suggest that Neinor Homes accelerated paying its suppliers.


Neinor Homes Days Payable Historical Data

* Premium members only.

The historical data trend for Neinor Homes'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.

Neinor Homes Days Payable Chart

Neinor Homes 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 119.20 157.05 158.80 140.25 159.87

Neinor Homes Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 109.02 197.80 108.68 244.46 96.70

Neinor Homes Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Neinor Homes'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.


Neinor Homes Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Neinor Homes's Days Payable distribution charts can be found below:

* The bar in red indicates where Neinor Homes's Days Payable falls into.


XMAD:HOME
79GF Score
Neinor Homes SA XMAD:HOME
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Neinor Homes 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.

Neinor Homes'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
=( (124.286 + 318.9) / 2 ) / 505.916*365
=221.593 / 505.916*365
=159.87

Neinor Homes'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (118.951 + 318.9) / 2 ) / 413.193*365 / 2
=218.9255 / 413.193*365 / 2
=96.70

* 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 96.70 mean?
Neinor Homes (XMAD:HOME) has a Days Payable of 96.70 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 Neinor Homes and its competitors. This is 33% below median its historical median of 143.63. Over the past decade, Neinor Homes' Days Payable has ranged from 50.73 to 159.87. According to the industry distribution chart, Neinor Homes ranks #623 out of 1573 companies in the Real Estate industry, placing it in the top 39.6%.
Is Neinor Homes' Days Payable too high?
Neinor Homes' current Days Payable of 96.70 is 33% below median its 10-year median of 143.63. Over the past 10 years, this metric has ranged from a low of 50.73 to a high of 159.87. The Real Estate industry median Days Payable is 94.03. Neinor Homes' value of 96.70 is 2.8% above this industry median. Based on the distribution chart, Neinor Homes ranks #623 out of 1573 companies in the Real Estate industry, which is above the industry midpoint. Overall, Neinor Homes has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neinor Homes' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Neinor Homes ranks #623 out of 1573 companies for Days Payable. This puts Neinor Homes in the upper half of its industry. The industry median Days Payable is 94.03. Neinor Homes' value of 96.70 is 2.8% above this benchmark. Historically, Neinor Homes' own Days Payable has ranged from 50.73 to 159.87 over the past decade. While the company's 10-year median is 143.63 vs. the industry median of 94.03, Neinor Homes 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,573 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. Neinor Homes's current Days Payable of 96.70 is 2.8% 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 Neinor Homes and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neinor Homes's current Days Payable is 96.70, which is 33% below median its own 10-year median of 143.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neinor Homes stock overvalued right now?
Based on GuruFocus' analysis, Neinor Homes (XMAD:HOME) is currently considered Modestly Overvalued. The stock's GF Value™ is €13.91, compared to a current price of €16.46 — trading 18.3% above its estimated fair value. The current Days Payable is 96.70, which is 33% below median its 10-year median of 143.63 and 2.8% above the Real Estate industry median of 94.03. Neinor Homes' overall GF Score™ is 79/100 with 5 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 Neinor Homes (XMAD:HOME), the current Days Payable is 96.70 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 Neinor Homes (XMAD:HOME) Overvalued in 2026?

Based on GuruFocus' analysis, Neinor Homes stock appears to be overvalued. The current stock price of €16.46 is trading 18.3% above its estimated GF Value™ of €13.91. GuruFocus considers Neinor Homes to be Modestly Overvalued.

Key valuation signals for XMAD:HOME:

  • Days Payable: 96.70 (33% below median its 10-year median of 143.63)
  • GF Value™: €13.91 vs. price of €16.46 (18.3% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 2.8% above the Real Estate median (#623 of 1573)

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


Neinor Homes Business Description

Other Exchanges HOMEe:UK0RNU:UK1NN:Germany
Address Calle Henao 20, Bilbao, ESP, 48009
Neinor Homes SA is a residential property development company in Spain. The company is engaged in developing and selling property developments. Its operating segment includes Rentals, Development, Asset Management and others. The company generates maximum revenue from the Development segment.
79GF Score

Get the complete analysis for XMAD:HOME

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

€16.46
Price
€13.91
GF Value