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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pyramid AGXTER:M3B0 38 Days Payable is 49.32 as of Dec. 2025, which is 7% above its 10-year median of 46.21. GuruFocus rates XTER:M3B0 with a GF Score™ of 38/100 and a GF Value™ of €3.56 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 493 Asset Management companies, Pyramid AG ranks worse than 63.08% on this metric.
Pyramid AG's average Accounts Payable for the
six
months ended in Dec. 2025 was €7.64 Mil. Pyramid AG's Cost of Goods Sold for the
six
months ended in Dec. 2025 was €28.28 Mil.
Hence, Pyramid AG's Days Payable for the
six
months ended in Dec. 2025 was 49.32.
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: 46.21 Max: 118.9
Current: 46.53
During the past 13 years, Pyramid AG's highest Days Payable was 118.90. The lowest was 27.53. And the median was 46.21.
XTER:M3B0's Days Payable is ranked worse than 63.08% of 493
companies
in the Asset Management industry
Industry Median: 70.48
vs XTER:M3B0: 46.53
Pyramid AG's Days Payable
declined
from Dec. 2024 (76.43) to Dec. 2025 (49.32).
It may suggest that Pyramid AGaccelerated paying its suppliers.
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.
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.
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. 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.
Pyramid AG (XTER:M3B0) has a Days Payable of 49.32 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 Pyramid AG and its competitors. This is near median its historical median of 46.21. 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 #311 out of 493 companies in the Asset Management industry, placing it in the top 63.1%.
Is Pyramid AG's Days Payable too high?
Pyramid AG's current Days Payable of 49.32 is near median its 10-year median of 46.21. 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 70.48. Pyramid AG's value of 49.32 is 30% below this industry median. Based on the distribution chart, Pyramid AG ranks #311 out of 493 companies in the Asset Management industry, which is below the industry midpoint. Overall, Pyramid AG has a GF Score™ of 38/100 and is considered Possible Value Trap, 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 #311 out of 493 companies for Days Payable. This places Pyramid AG in the lower half of its industry. The industry median Days Payable is 70.48. Pyramid AG's value of 49.32 is 30% 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 46.21 vs. the industry median of 70.48, 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 70.48, based on 493 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 49.32 is 30% 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 70.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pyramid AG's current Days Payable is 49.32, which is near median its own 10-year median of 46.21. 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?
Based on GuruFocus' analysis, Pyramid AG (XTER:M3B0) is currently considered Possible Value Trap. The stock's GF Value™ is €3.56, compared to a current price of €1.41 — trading 60.4% below its estimated fair value. The current Days Payable is 49.32, which is near median its 10-year median of 46.21 and 30% below the Asset Management industry median of 70.48. Pyramid AG's overall GF Score™ is 38/100 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 Pyramid AG (XTER:M3B0), the current Days Payable is 49.32 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 Pyramid AG (XTER:M3B0) Overvalued in 2026?
Based on GuruFocus' analysis, Pyramid AG stock appears to be undervalued.
The current stock price of €1.41 is trading 60.4% below its estimated GF Value™ of €3.56.
GuruFocus considers Pyramid AG to be Possible Value Trap.
Key valuation signals for XTER:M3B0:
Days Payable: 49.32 (near median its 10-year median of 46.21)
GF Value™: €3.56 vs. price of €1.41 (60.4% below fair value)
Industry Position: 30% below the Asset Management median (#311 of 493)
No single metric tells the full story. See the XTER:M3B0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
38GF Score
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