Passat (XPAR:ALPAS) Days Payable: 111.81 (As of Dec. 2025) — Near Median


XPAR:ALPAS Passat SA XPAR:ALPAS
88 GF Score
Price €4.78
GF Value €5.01
Valuation Fairly Valued
! 4 Warning Signs
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What is Passat Days Payable?

Passat XPAR:ALPAS -2.05% 88 Days Payable is 111.81 as of Dec. 2025, which is 7% above its 10-year median of 104.61. GuruFocus rates XPAR:ALPAS with a GF Score™ of 88/100 and a GF Value™ of €5.01 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,098 Retail - Cyclical companies, Passat ranks better than 82.7% on this metric.

Passat's average Accounts Payable for the six months ended in Dec. 2025 was €7.37 Mil. Passat's Cost of Goods Sold for the six months ended in Dec. 2025 was €12.04 Mil. Hence, Passat's Days Payable for the six months ended in Dec. 2025 was 111.81.

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

XPAR:ALPAS' s Days Payable Range Over the Past 10 Years
Min: 93.05   Med: 104.61   Max: 135.19
Current: 119.39

During the past 13 years, Passat's highest Days Payable was 135.19. The lowest was 93.05. And the median was 104.61.

XPAR:ALPAS's Days Payable is ranked better than
82.7% of 1098 companies
in the Retail - Cyclical industry
Industry Median: 51.625 vs XPAR:ALPAS: 119.39

Passat's Days Payable declined from Dec. 2024 (148.88) to Dec. 2025 (111.81). It may suggest that Passat accelerated paying its suppliers.


Passat Days Payable Historical Data

* Premium members only.

The historical data trend for Passat'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.

Passat Days Payable Chart

Passat 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 109.91 135.19 97.41 121.13 111.45

Passat 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 111.45 141.97 148.88 133.80 111.81

XPAR:ALPAS vs CASY, WSM, DKS: Days Payable Comparison

For the Specialty Retail subindustry, Passat'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.


Passat Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Passat's Days Payable distribution charts can be found below:

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


XPAR:ALPAS
88GF Score
Passat SA XPAR:ALPAS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Passat 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.

Passat'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
=( (10.112 + 5.36) / 2 ) / 25.335*365
=7.736 / 25.335*365
=111.45

Passat'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
=( (9.388 + 5.36) / 2 ) / 12.036*365 / 2
=7.374 / 12.036*365 / 2
=111.81

* 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 111.81 mean?
Passat (XPAR:ALPAS) has a Days Payable of 111.81 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 Passat and its competitors. This is near median its historical median of 104.61. Over the past decade, Passat's Days Payable has ranged from 93.05 to 135.19. According to the industry distribution chart, Passat ranks #190 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 17.3%.
Is Passat's Days Payable too high?
Passat's current Days Payable of 111.81 is near median its 10-year median of 104.61. Over the past 10 years, this metric has ranged from a low of 93.05 to a high of 135.19. The Retail - Cyclical industry median Days Payable is 51.63. Passat's value of 111.81 is 116.6% above this industry median. Based on the distribution chart, Passat ranks #190 out of 1098 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Passat has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Passat's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Passat ranks #190 out of 1098 companies for Days Payable. This places Passat in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.63. Passat's value of 111.81 is 116.6% above this benchmark. Historically, Passat's own Days Payable has ranged from 93.05 to 135.19 over the past decade. While the company's 10-year median is 104.61 vs. the industry median of 51.63, Passat 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.63, based on 1,098 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. Passat's current Days Payable of 111.81 is 116.6% 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 Passat and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Passat's current Days Payable is 111.81, which is near median its own 10-year median of 104.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Passat stock overvalued right now?
Based on GuruFocus' analysis, Passat (XPAR:ALPAS) is currently considered Fairly Valued. The stock's GF Value™ is €5.01, compared to a current price of €4.78 — trading 4.6% below its estimated fair value. The current Days Payable is 111.81, which is near median its 10-year median of 104.61 and 116.6% above the Retail - Cyclical industry median of 51.63. Passat's overall GF Score™ is 88/100 with 4 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 Passat (XPAR:ALPAS), the current Days Payable is 111.81 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 Passat (XPAR:ALPAS) Overvalued in 2026?

Based on GuruFocus' analysis, Passat stock appears to be undervalued. The current stock price of €4.78 is trading 4.6% below its estimated GF Value™ of €5.01. GuruFocus considers Passat to be Fairly Valued.

Key valuation signals for XPAR:ALPAS:

  • Days Payable: 111.81 (near median its 10-year median of 104.61)
  • GF Value™: €5.01 vs. price of €4.78 (4.6% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 116.6% above the Retail - Cyclical median (#190 of 1098)

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


Passat Business Description

Other Exchanges 0OPZ:UK6JF:Germany
Address 2 rue Alfred de Vigny, Fourqueux, Paris, FRA, 78118
Passat SA is a France based holding company. It offers its customers wide possibilities of implantation in the points of sale. The company offers a portfolio of products, comprising fitness, beauty, health and leisure products, kitchen utensils and accessories; patented do-it-yourself products, home comfort and maintenance products, gardening products, toys and household products, among others.
88GF Score

Get the complete analysis for XPAR:ALPAS

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

€4.78
Price
€5.01
GF Value