adidas AGADDDF +2.86%86 Days Payable is 79.83 as of Mar. 2026, which is 4% below its 10-year median of 82.88. GuruFocus rates ADDDF with a GF Score™ of 86/100 and a GF Value™ of $239.20 (Modestly Undervalued). Among 1,020 Manufacturing - Apparel & Accessories companies, adidas AG ranks better than 68.92% on this metric.
adidas AG's average Accounts Payable for the
three
months ended in Mar. 2026 was $3,260 Mil. adidas AG's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $3,726 Mil.
Hence, adidas AG's Days Payable for the
three
months ended in Mar. 2026 was 79.83.
The historical rank and industry rank for adidas AG's Days Payable or its related term are showing as below:
ADDDF'
s Days Payable Range Over the Past 10 Years
Min: 73.94 Med: 82.88 Max: 100.89
Current: 82.1
During the past 13 years, adidas AG's highest Days Payable was 100.89. The lowest was 73.94. And the median was 82.88.
adidas AG's Days Payable
declined
from Mar. 2025 (88.94) to Mar. 2026 (79.83).
It may suggest that adidas AGaccelerated paying its suppliers.
adidas AG Days Payable Related Terms
adidas AG Days Payable Historical Data
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The historical data trend for adidas 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.
For the Footwear & Accessories subindustry, adidas 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.
adidas AG Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's Days Payable distribution charts can be found below:
* The bar in red indicates where adidas 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.
adidas 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.
adidas AG (ADDDF) has a Days Payable of 79.83 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on adidas AG and its competitors. This is near median its historical median of 82.88. Over the past decade, adidas AG's Days Payable has ranged from 73.94 to 100.89. According to the industry distribution chart, adidas AG ranks #317 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.1%.
Is adidas AG's Days Payable too high?
adidas AG's current Days Payable of 79.83 is near median its 10-year median of 82.88. Over the past 10 years, this metric has ranged from a low of 73.94 to a high of 100.89. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.14. adidas AG's value of 79.83 is 47.5% above this industry median. Based on the distribution chart, adidas AG ranks #317 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, adidas AG has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does adidas AG's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, adidas AG ranks #317 out of 1020 companies for Days Payable. This puts adidas AG in the upper half of its industry. The industry median Days Payable is 54.14. adidas AG's value of 79.83 is 47.5% above this benchmark. Historically, adidas AG's own Days Payable has ranged from 73.94 to 100.89 over the past decade. While the company's 10-year median is 82.88 vs. the industry median of 54.14, adidas AG 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 54.14, based on 1,020 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. adidas AG's current Days Payable of 79.83 is 47.5% 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 adidas AG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. adidas AG's current Days Payable is 79.83, which is near median its own 10-year median of 82.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is adidas AG stock overvalued right now?
Based on GuruFocus' analysis, adidas AG (ADDDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $239.20, compared to a current price of $196.88 — trading 17.7% below its estimated fair value. The current Days Payable is 79.83, which is near median its 10-year median of 82.88 and 47.5% above the Manufacturing - Apparel & Accessories industry median of 54.14. adidas AG's overall GF Score™ is 86/100. 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 adidas AG (ADDDF), the current Days Payable is 79.83 as of Mar. 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 adidas AG (ADDDF) Overvalued in 2026?
Based on GuruFocus' analysis, adidas AG stock appears to be undervalued.
The current stock price of $196.88 is trading 17.7% below its estimated GF Value™ of $239.20.
GuruFocus considers adidas AG to be Modestly Undervalued.
Key valuation signals for ADDDF:
Days Payable: 79.83 (near median its 10-year median of 82.88)
GF Value™: $239.20 vs. price of $196.88 (17.7% below fair value)
Industry Position: 47.5% above the Manufacturing - Apparel & Accessories median (#317 of 1020)
No single metric tells the full story. See the ADDDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through about 2,000 owned retail stores, 15,000 Adidas-branded franchise stores (including about 8,000 in China), 150,000 wholesale doors, and an owned e-commerce site that is available in 67 countries. The company was founded in 1949 in Germany.
86GF Score
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