LennarLEN +0.98%75 Days Payable is 26.00 as of Feb. 2026, which is 24% above its 10-year median of 20.91. GuruFocus rates LEN with a GF Score™ of 75/100 and a GF Value™ of $126.26 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 89 Homebuilding & Construction companies, Lennar ranks worse than 61.8% on this metric.
Lennar's average Accounts Payable for the
three
months ended in Feb. 2026 was $1,775 Mil. Lennar's Cost of Goods Sold for the
three
months ended in Feb. 2026 was $6,229 Mil.
Hence, Lennar's Days Payable for the
three
months ended in Feb. 2026 was 26.00.
The historical rank and industry rank for Lennar's Days Payable or its related term are showing as below:
LEN'
s Days Payable Range Over the Past 10 Years
Min: 19.11 Med: 20.91 Max: 29.65
Current: 29.65
During the past 13 years, Lennar's highest Days Payable was 29.65. The lowest was 19.11. And the median was 20.91.
LEN's Days Payable is ranked worse than 61.8% of 89
companies
in the Homebuilding & Construction industry
Industry Median: 38.03
vs LEN: 29.65
Lennar's Days Payable
increased
from Feb. 2025 (25.38) to Feb. 2026 (26.00).
It may suggest that Lennardelayed paying its suppliers.
Lennar Days Payable Related Terms
Lennar Days Payable Historical Data
* Premium members only.
The historical data trend for Lennar'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 Residential Construction subindustry, Lennar'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.
Lennar Days Payable vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's Days Payable distribution charts can be found below:
* The bar in red indicates where Lennar'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.
Lennar's Days Payable for the fiscal year that ended in Nov. 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.
Lennar (LEN) has a Days Payable of 26.00 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 Lennar and its competitors. This is 24% above median its historical median of 20.91. Over the past decade, Lennar's Days Payable has ranged from 19.11 to 29.65. According to the industry distribution chart, Lennar ranks #55 out of 89 companies in the Homebuilding & Construction industry, placing it in the top 61.8%.
Is Lennar's Days Payable too high?
Lennar's current Days Payable of 26.00 is 24% above median its 10-year median of 20.91. Over the past 10 years, this metric has ranged from a low of 19.11 to a high of 29.65. The Homebuilding & Construction industry median Days Payable is 38.03. Lennar's value of 26.00 is 31.6% below this industry median. Based on the distribution chart, Lennar ranks #55 out of 89 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Lennar has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lennar's Days Payable compare to PHM and NVR?
According to the Homebuilding & Construction industry distribution chart, Lennar ranks #55 out of 89 companies for Days Payable. This places Lennar in the lower half of its industry. The industry median Days Payable is 38.03. Lennar's value of 26.00 is 31.6% below this benchmark. Historically, Lennar's own Days Payable has ranged from 19.11 to 29.65 over the past decade. While the company's 10-year median is 20.91 vs. the industry median of 38.03, Lennar 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 Homebuilding & Construction company?
The median Days Payable among Homebuilding & Construction companies is 38.03, based on 89 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. Lennar's current Days Payable of 26.00 is 31.6% 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 Lennar and its competitors. For the Homebuilding & Construction industry, the median Days Payable is 38.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lennar's current Days Payable is 26.00, which is 24% above median its own 10-year median of 20.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lennar stock overvalued right now?
Based on GuruFocus' analysis, Lennar (LEN) is currently considered Modestly Undervalued. The stock's GF Value™ is $126.26, compared to a current price of $93.86 — trading 25.7% below its estimated fair value. The current Days Payable is 26.00, which is 24% above median its 10-year median of 20.91 and 31.6% below the Homebuilding & Construction industry median of 38.03. Lennar's overall GF Score™ is 75/100 with 6 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 Lennar (LEN), the current Days Payable is 26.00 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 Lennar (LEN) Overvalued in 2026?
Based on GuruFocus' analysis, Lennar stock appears to be undervalued.
The current stock price of $93.86 is trading 25.7% below its estimated GF Value™ of $126.26.
GuruFocus considers Lennar to be Modestly Undervalued.
Key valuation signals for LEN:
Days Payable: 26.00 (24% above median its 10-year median of 20.91)
GF Value™: $126.26 vs. price of $93.86 (25.7% below fair value)
Industry Position: 31.6% below the Homebuilding & Construction median (#55 of 89)
No single metric tells the full story. See the LEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton, operating in 26 states. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.
75GF Score
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