Implenia AGXSWX:IMPN 56 Days Payable is 204.35 as of Dec. 2025, which is 68% above its 10-year median of 121.67. GuruFocus rates XSWX:IMPN with a GF Score™ of 56/100 and a GF Value™ of CHF35.34 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,710 Construction companies, Implenia AG ranks better than 80% on this metric.
The historical rank and industry rank for Implenia AG's Days Payable or its related term are showing as below:
XSWX:IMPN'
s Days Payable Range Over the Past 10 Years
Min: 46.92 Med: 121.67 Max: 190.91
Current: 182.86
During the past 13 years, Implenia AG's highest Days Payable was 190.91. The lowest was 46.92. And the median was 121.67.
XSWX:IMPN's Days Payable is ranked better than 80% of 1710
companies
in the Construction industry
Industry Median: 76.79
vs XSWX:IMPN: 182.86
Implenia AG's Days Payable
increased
from Dec. 2024 (159.95) to Dec. 2025 (204.35).
It may suggest that Implenia AGdelayed paying its suppliers.
Implenia AG Days Payable Related Terms
Implenia AG Days Payable Historical Data
* Premium members only.
The historical data trend for Implenia 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.
XSWX:IMPN vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Implenia 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.
Implenia AG Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Implenia AG's Days Payable distribution charts can be found below:
* The bar in red indicates where Implenia AG's Days Payable falls into.
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.
Implenia AG's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Implenia AG (XSWX:IMPN) has a Days Payable of 204.35 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 Implenia AG and its competitors. This is 68% above median its historical median of 121.67. Over the past decade, Implenia AG's Days Payable has ranged from 46.92 to 190.91. According to the industry distribution chart, Implenia AG ranks #342 out of 1710 companies in the Construction industry, placing it in the top 20%.
Is Implenia AG's Days Payable too high?
Implenia AG's current Days Payable of 204.35 is 68% above median its 10-year median of 121.67. Over the past 10 years, this metric has ranged from a low of 46.92 to a high of 190.91. The Construction industry median Days Payable is 76.79. Implenia AG's value of 204.35 is 166.1% above this industry median. Based on the distribution chart, Implenia AG ranks #342 out of 1710 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Implenia AG has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Implenia AG's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Implenia AG ranks #342 out of 1710 companies for Days Payable. This places Implenia AG in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.79. Implenia AG's value of 204.35 is 166.1% above this benchmark. Historically, Implenia AG's own Days Payable has ranged from 46.92 to 190.91 over the past decade. While the company's 10-year median is 121.67 vs. the industry median of 76.79, Implenia AG 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 Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 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. Implenia AG's current Days Payable of 204.35 is 166.1% 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 Implenia AG and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Implenia AG's current Days Payable is 204.35, which is 68% above median its own 10-year median of 121.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Implenia AG stock overvalued right now?
Based on GuruFocus' analysis, Implenia AG (XSWX:IMPN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF35.34, compared to a current price of CHF70.90 — trading 100.6% above its estimated fair value. The current Days Payable is 204.35, which is 68% above median its 10-year median of 121.67 and 166.1% above the Construction industry median of 76.79. Implenia AG's overall GF Score™ is 56/100 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 Implenia AG (XSWX:IMPN), the current Days Payable is 204.35 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 Implenia AG (XSWX:IMPN) Overvalued in 2026?
Based on GuruFocus' analysis, Implenia AG stock appears to be overvalued.
The current stock price of CHF70.90 is trading 100.6% above its estimated GF Value™ of CHF35.34.
GuruFocus considers Implenia AG to be Significantly Overvalued.
Key valuation signals for XSWX:IMPN:
Days Payable: 204.35 (68% above median its 10-year median of 121.67)
GF Value™: CHF35.34 vs. price of CHF70.90 (100.6% above fair value)
Industry Position: 166.1% above the Construction median (#342 of 1710)
No single metric tells the full story. See the XSWX:IMPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Implenia AG is a construction service company. The company operates through four business segments: Buildings, Civil engineering, and Service Solutions. The company's projects include complex new construction, modernization work on existing properties, tunnel construction, civil engineering, and others. The company generates majority of its revenue from Civil engineering segments, and more than half of its revenue is earned in Switzerland.
56GF Score
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