Forbo Holding AG (XSWX:FORN) Days Payable: 38.33 (As of Dec. 2025) — 17% Below Median


XSWX:FORN Forbo Holding AG XSWX:FORN
73 GF Score
Price CHF739.00
GF Value CHF879.59
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Forbo Holding AG Days Payable?

Forbo Holding AG XSWX:FORN +0.41% 73 Days Payable is 38.33 as of Dec. 2025, which is 17% below its 10-year median of 46.46. GuruFocus rates XSWX:FORN with a GF Score™ of 73/100 and a GF Value™ of CHF879.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,715 Construction companies, Forbo Holding AG ranks worse than 79.01% on this metric.

Forbo Holding AG's average Accounts Payable for the six months ended in Dec. 2025 was CHF77 Mil. Forbo Holding AG's Cost of Goods Sold for the six months ended in Dec. 2025 was CHF366 Mil. Hence, Forbo Holding AG's Days Payable for the six months ended in Dec. 2025 was 38.33.

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

XSWX:FORN' s Days Payable Range Over the Past 10 Years
Min: 40.88   Med: 46.46   Max: 49.66
Current: 40.88

During the past 13 years, Forbo Holding AG's highest Days Payable was 49.66. The lowest was 40.88. And the median was 46.46.

XSWX:FORN's Days Payable is ranked worse than
79.01% of 1715 companies
in the Construction industry
Industry Median: 76.72 vs XSWX:FORN: 40.88

Forbo Holding AG's Days Payable declined from Dec. 2024 (41.19) to Dec. 2025 (38.33). It may suggest that Forbo Holding AG accelerated paying its suppliers.


Forbo Holding AG Days Payable Historical Data

* Premium members only.

The historical data trend for Forbo Holding AG'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.

Forbo Holding AG Days Payable Chart

Forbo Holding AG 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 46.95 45.97 44.69 43.95 42.49

Forbo Holding AG 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 37.81 39.71 41.19 41.85 38.33

XSWX:FORN vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Forbo Holding AG'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.


Forbo Holding AG Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Forbo Holding AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Forbo Holding AG's Days Payable falls into.


XSWX:FORN
73GF Score
Forbo Holding AG XSWX:FORN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Forbo Holding AG 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.

Forbo Holding AG'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
=( (90.6 + 78.6) / 2 ) / 726.8*365
=84.6 / 726.8*365
=42.49

Forbo Holding AG'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
=( (75 + 78.6) / 2 ) / 365.7*365 / 2
=76.8 / 365.7*365 / 2
=38.33

* 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 38.33 mean?
Forbo Holding AG (XSWX:FORN) has a Days Payable of 38.33 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 Forbo Holding AG and its competitors. This is 17% below median its historical median of 46.46. Over the past decade, Forbo Holding AG's Days Payable has ranged from 40.88 to 49.66. According to the industry distribution chart, Forbo Holding AG ranks #1355 out of 1715 companies in the Construction industry, placing it in the top 79%.
Is Forbo Holding AG's Days Payable too high?
Forbo Holding AG's current Days Payable of 38.33 is 17% below median its 10-year median of 46.46. Over the past 10 years, this metric has ranged from a low of 40.88 to a high of 49.66. The Construction industry median Days Payable is 76.72. Forbo Holding AG's value of 38.33 is 50% below this industry median. Based on the distribution chart, Forbo Holding AG ranks #1355 out of 1715 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Forbo Holding AG has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forbo Holding AG's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Forbo Holding AG ranks #1355 out of 1715 companies for Days Payable. This places Forbo Holding AG in the lower half of its industry. The industry median Days Payable is 76.72. Forbo Holding AG's value of 38.33 is 50% below this benchmark. Historically, Forbo Holding AG's own Days Payable has ranged from 40.88 to 49.66 over the past decade. While the company's 10-year median is 46.46 vs. the industry median of 76.72, Forbo Holding AG has consistently been below 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 Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,715 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. Forbo Holding AG's current Days Payable of 38.33 is 50% below 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 Forbo Holding AG and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forbo Holding AG's current Days Payable is 38.33, which is 17% below median its own 10-year median of 46.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbo Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Forbo Holding AG (XSWX:FORN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF879.59, compared to a current price of CHF739.00 — trading 16% below its estimated fair value. The current Days Payable is 38.33, which is 17% below median its 10-year median of 46.46 and 50% below the Construction industry median of 76.72. Forbo Holding AG's overall GF Score™ is 73/100 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 Forbo Holding AG (XSWX:FORN), the current Days Payable is 38.33 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 Forbo Holding AG (XSWX:FORN) Overvalued in 2026?

Based on GuruFocus' analysis, Forbo Holding AG stock appears to be undervalued. The current stock price of CHF739.00 is trading 16% below its estimated GF Value™ of CHF879.59. GuruFocus considers Forbo Holding AG to be Modestly Undervalued.

Key valuation signals for XSWX:FORN:

  • Days Payable: 38.33 (17% below median its 10-year median of 46.46)
  • GF Value™: CHF879.59 vs. price of CHF739.00 (16% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 50% below the Construction median (#1355 of 1715)

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


Forbo Holding AG Business Description

Other Exchanges FORNz:UK0QKD:UKFOZN:Germany
Address Lindenstrasse 8, P.O. Box 1339, Baar, CHE, CH-6341
Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe, and also has its presence in Americas and Asia/Pacific and Africa.
73GF Score

Get the complete analysis for XSWX:FORN

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

CHF739.00
Price
CHF879.59
GF Value