Pyramid AG (XTER:M3B0) Days Payable: 44.56 (As of Jun. 2025) — 16% Above Median


XTER:M3B0 Pyramid AG XTER:M3B0
19 GF Score
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What is Pyramid AG Days Payable?

Pyramid AG XTER:M3B0 -3.50% 19 Days Payable is 44.56 as of Jun. 2025, which is 16% above its 10-year median of 38.55. GuruFocus rates XTER:M3B0 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 483 Asset Management companies, Pyramid AG ranks worse than 66.67% on this metric.

Pyramid AG's average Accounts Payable for the six months ended in Jun. 2025 was €8.48 Mil. Pyramid AG's Cost of Goods Sold for the six months ended in Jun. 2025 was €34.73 Mil. Hence, Pyramid AG's Days Payable for the six months ended in Jun. 2025 was 44.56.

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

XTER:M3B0' s Days Payable Range Over the Past 10 Years
Min: 27.53   Med: 38.55   Max: 118.9
Current: 42.46

During the past 13 years, Pyramid AG's highest Days Payable was 118.90. The lowest was 27.53. And the median was 38.55.

XTER:M3B0's Days Payable is ranked worse than
66.67% of 483 companies
in the Asset Management industry
Industry Median: 72.22 vs XTER:M3B0: 42.46

Pyramid AG's Days Payable increased from Jun. 2024 (37.64) to Jun. 2025 (44.56). It may suggest that Pyramid AG delayed paying its suppliers.


Pyramid AG Days Payable Historical Data

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The historical data trend for Pyramid 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.

Pyramid AG Days Payable Chart

Pyramid AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 27.53 31.61 45.49

Pyramid AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 32.30 29.91 37.64 44.09 44.56

XTER:M3B0 vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Pyramid 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.


Pyramid AG Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Pyramid AG's Days Payable distribution charts can be found below:

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


XTER:M3B0
19GF Score
Pyramid AG XTER:M3B0
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pyramid 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.

Pyramid AG's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (4.817 + 8.815) / 2 ) / 54.695*365
=6.816 / 54.695*365
=45.49

Pyramid AG's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (8.815 + 8.145) / 2 ) / 34.733*365 / 2
=8.48 / 34.733*365 / 2
=44.56

* 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 44.56 mean?
Pyramid AG (XTER:M3B0) has a Days Payable of 44.56 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pyramid AG and its competitors. This is 16% above median its historical median of 38.55. Over the past decade, Pyramid AG's Days Payable has ranged from 27.53 to 118.90. According to the industry distribution chart, Pyramid AG ranks #322 out of 483 companies in the Asset Management industry, placing it in the top 66.7%.
Is Pyramid AG's Days Payable too high?
Pyramid AG's current Days Payable of 44.56 is 16% above median its 10-year median of 38.55. Over the past 10 years, this metric has ranged from a low of 27.53 to a high of 118.90. The Asset Management industry median Days Payable is 72.22. Pyramid AG's value of 44.56 is 38.3% below this industry median. Based on the distribution chart, Pyramid AG ranks #322 out of 483 companies in the Asset Management industry, which is below the industry midpoint. Overall, Pyramid AG has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Pyramid AG's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Pyramid AG ranks #322 out of 483 companies for Days Payable. This places Pyramid AG in the lower half of its industry. The industry median Days Payable is 72.22. Pyramid AG's value of 44.56 is 38.3% below this benchmark. Historically, Pyramid AG's own Days Payable has ranged from 27.53 to 118.90 over the past decade. While the company's 10-year median is 38.55 vs. the industry median of 72.22, Pyramid 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 an Asset Management company?
The median Days Payable among Asset Management companies is 72.22, based on 483 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. Pyramid AG's current Days Payable of 44.56 is 38.3% 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 Pyramid AG and its competitors. For the Asset Management industry, the median Days Payable is 72.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pyramid AG's current Days Payable is 44.56, which is 16% above median its own 10-year median of 38.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pyramid AG stock overvalued right now?
Pyramid AG (XTER:M3B0) has a current Days Payable of 44.56. The current Days Payable is 44.56, which is 16% above median its 10-year median of 38.55 and 38.3% below the Asset Management industry median of 72.22. Pyramid AG's overall GF Score™ is 19/100 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 Pyramid AG (XTER:M3B0), the current Days Payable is 44.56 as of Jun. 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.

Pyramid AG Business Description

Other Exchanges M3B0:GermanyM3B0:Germany
Address Sendlinger-Tor-Platz 8, Munich, DEU, 80336
Pyramid AG Formerly mic AG is an investment company. It invests in young technology companies in the field of fiber optics, clean tech, software, microsystems and IT among others. The portfolio comprises of Aifotec AG, 3-Edge Gmbh, and FiSec Gmbh and among others. Its portfolio comprises of u-GPS Optics GmbH, a developer of a technology for three-dimensional (3D) optical measurements, Flores Solar Water GmbH, which develops a low-cost water treatment plant that uses solar thermal energy.
19GF Score

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