FedExFDX -0.13%83 Days Payable is 21.31 as of Feb. 2026, which is 6% above its 10-year median of 20.12. GuruFocus rates FDX with a GF Score™ of 83/100 and a GF Value™ of $231.61 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 972 Transportation companies, FedEx ranks worse than 78.91% on this metric.
FedEx's average Accounts Payable for the
three
months ended in Feb. 2026 was $4,409 Mil. FedEx's Cost of Goods Sold for the
three
months ended in Feb. 2026 was $18,877 Mil.
Hence, FedEx's Days Payable for the
three
months ended in Feb. 2026 was 21.31.
The historical rank and industry rank for FedEx's Days Payable or its related term are showing as below:
FDX'
s Days Payable Range Over the Past 10 Years
Min: 18.22 Med: 20.12 Max: 22.84
Current: 20.71
During the past 13 years, FedEx's highest Days Payable was 22.84. The lowest was 18.22. And the median was 20.12.
FDX's Days Payable is ranked worse than 78.91% of 972
companies
in the Transportation industry
Industry Median: 38.845
vs FDX: 20.71
FedEx's Days Payable
increased
from Feb. 2025 (19.63) to Feb. 2026 (21.31).
It may suggest that FedExdelayed paying its suppliers.
FedEx Days Payable Related Terms
FedEx Days Payable Historical Data
* Premium members only.
The historical data trend for FedEx'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 Integrated Freight & Logistics subindustry, FedEx'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.
FedEx Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, FedEx's Days Payable distribution charts can be found below:
* The bar in red indicates where FedEx'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.
FedEx's Days Payable for the fiscal year that ended in May. 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.
FedEx (FDX) has a Days Payable of 21.31 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on FedEx and its competitors. This is near median its historical median of 20.12. Over the past decade, FedEx's Days Payable has ranged from 18.22 to 22.84. According to the industry distribution chart, FedEx ranks #767 out of 972 companies in the Transportation industry, placing it in the top 78.9%.
Is FedEx's Days Payable too high?
FedEx's current Days Payable of 21.31 is near median its 10-year median of 20.12. Over the past 10 years, this metric has ranged from a low of 18.22 to a high of 22.84. The Transportation industry median Days Payable is 38.85. FedEx's value of 21.31 is 45.1% below this industry median. Based on the distribution chart, FedEx ranks #767 out of 972 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, FedEx has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FedEx's Days Payable compare to UPS and JBHT?
According to the Transportation industry distribution chart, FedEx ranks #767 out of 972 companies for Days Payable. This places FedEx in the lower half of its industry. The industry median Days Payable is 38.85. FedEx's value of 21.31 is 45.1% below this benchmark. Historically, FedEx's own Days Payable has ranged from 18.22 to 22.84 over the past decade. While the company's 10-year median is 20.12 vs. the industry median of 38.85, FedEx 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 Transportation company?
The median Days Payable among Transportation companies is 38.85, based on 972 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. FedEx's current Days Payable of 21.31 is 45.1% 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 FedEx and its competitors. For the Transportation industry, the median Days Payable is 38.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx's current Days Payable is 21.31, which is near median its own 10-year median of 20.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FedEx stock overvalued right now?
Based on GuruFocus' analysis, FedEx (FDX) is currently considered Significantly Overvalued. The stock's GF Value™ is $231.61, compared to a current price of $316.83 — trading 36.8% above its estimated fair value. The current Days Payable is 21.31, which is near median its 10-year median of 20.12 and 45.1% below the Transportation industry median of 38.85. FedEx's overall GF Score™ is 83/100 with 8 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 FedEx (FDX), the current Days Payable is 21.31 as of Feb. 2026. 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 FedEx (FDX) Overvalued in 2026?
Based on GuruFocus' analysis, FedEx stock appears to be overvalued.
The current stock price of $316.83 is trading 36.8% above its estimated GF Value™ of $231.61.
GuruFocus considers FedEx to be Significantly Overvalued.
Key valuation signals for FDX:
Days Payable: 21.31 (near median its 10-year median of 20.12)
GF Value™: $231.61 vs. price of $316.83 (36.8% above fair value)
Industry Position: 45.1% below the Transportation median (#767 of 972)
No single metric tells the full story. See the FDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. Following the June 2026 spinoff of FedEx Freight (less-than-truckload shipping), the firm's Federal Express segment—which houses the core package delivery operations—makes up more than 95% of total revenue (previously 87%). The remainder stems from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
83GF Score
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