Ermenegildo Zegna NVZGN -0.96%83 Days Payable is 149.23 as of Dec. 2025, which is 15% above its 10-year median of 130.11. GuruFocus rates ZGN with a GF Score™ of 83/100 and a GF Value™ of $11.30 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Ermenegildo Zegna NV ranks better than 86.57% on this metric.
Ermenegildo Zegna NV's Days Payable
declined
from Dec. 2024 (150.03) to Dec. 2025 (149.23).
It may suggest that Ermenegildo Zegna NVaccelerated paying its suppliers.
Ermenegildo Zegna NV Days Payable Related Terms
Ermenegildo Zegna NV Days Payable Historical Data
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The historical data trend for Ermenegildo Zegna NV'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.
For the Apparel Manufacturing subindustry, Ermenegildo Zegna NV'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.
Ermenegildo Zegna NV Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's Days Payable distribution charts can be found below:
* The bar in red indicates where Ermenegildo Zegna NV'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.
Ermenegildo Zegna NV'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.
Ermenegildo Zegna NV (ZGN) has a Days Payable of 149.23 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 Ermenegildo Zegna NV and its competitors. This is 15% above median its historical median of 130.11. Over the past decade, Ermenegildo Zegna NV's Days Payable has ranged from 110.06 to 147.11. According to the industry distribution chart, Ermenegildo Zegna NV ranks #136 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 13.4%.
Is Ermenegildo Zegna NV's Days Payable too high?
Ermenegildo Zegna NV's current Days Payable of 149.23 is 15% above median its 10-year median of 130.11. Over the past 10 years, this metric has ranged from a low of 110.06 to a high of 147.11. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. Ermenegildo Zegna NV's value of 149.23 is 176.4% above this industry median. Based on the distribution chart, Ermenegildo Zegna NV ranks #136 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ermenegildo Zegna NV has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ermenegildo Zegna NV's Days Payable compare to PVH and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ermenegildo Zegna NV ranks #136 out of 1013 companies for Days Payable. This places Ermenegildo Zegna NV in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.99. Ermenegildo Zegna NV's value of 149.23 is 176.4% above this benchmark. Historically, Ermenegildo Zegna NV's own Days Payable has ranged from 110.06 to 147.11 over the past decade. While the company's 10-year median is 130.11 vs. the industry median of 53.99, Ermenegildo Zegna NV 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.99, based on 1,013 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. Ermenegildo Zegna NV's current Days Payable of 149.23 is 176.4% 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 Ermenegildo Zegna NV and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermenegildo Zegna NV's current Days Payable is 149.23, which is 15% above median its own 10-year median of 130.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermenegildo Zegna NV stock overvalued right now?
Based on GuruFocus' analysis, Ermenegildo Zegna NV (ZGN) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.30, compared to a current price of $13.44 — trading 18.9% above its estimated fair value. The current Days Payable is 149.23, which is 15% above median its 10-year median of 130.11 and 176.4% above the Manufacturing - Apparel & Accessories industry median of 53.99. Ermenegildo Zegna NV's overall GF Score™ is 83/100 with 7 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 Ermenegildo Zegna NV (ZGN), the current Days Payable is 149.23 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 Ermenegildo Zegna NV (ZGN) Overvalued in 2026?
Based on GuruFocus' analysis, Ermenegildo Zegna NV stock appears to be overvalued.
The current stock price of $13.44 is trading 18.9% above its estimated GF Value™ of $11.30.
GuruFocus considers Ermenegildo Zegna NV to be Modestly Overvalued.
Key valuation signals for ZGN:
Days Payable: 149.23 (15% above median its 10-year median of 130.11)
GF Value™: $11.30 vs. price of $13.44 (18.9% above fair value)
Industry Position: 176.4% above the Manufacturing - Apparel & Accessories median (#136 of 1013)
No single metric tells the full story. See the ZGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ermenegildo Zegna NV designs creates, and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear, and accessories under the Thom Browne brand. The company operates in three segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile, and Third Party Brands); the Thom Browne segment, and the Tom Ford Fashion segment. The company generates the majority of revenue from the Zegna segment.
83GF Score
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