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Alta Equipment GroupALTG +1.40%75 Days Payable is 21.97 as of Jun. 2026, which is 12% below its 10-year median of 24.95. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.19 (Fairly Valued). The stock has 7 warning signs investors should review. Among 945 Business Services companies, Alta Equipment Group ranks worse than 70.26% on this metric.
The historical rank and industry rank for Alta Equipment Group's Days Payable or its related term are showing as below:
ALTG'
s Days Payable Range Over the Past 10 Years
Min: 16.74 Med: 24.95 Max: 26.9
Current: 23.65
During the past 9 years, Alta Equipment Group's highest Days Payable was 26.90. The lowest was 16.74. And the median was 24.95.
ALTG's Days Payable is ranked worse than 70.26% of 945
companies
in the Business Services industry
Industry Median: 44.31
vs ALTG: 23.65
Alta Equipment Group's Days Payable
declined
from Jun. 2025 (24.26) to Jun. 2026 (21.97).
It may suggest that Alta Equipment Groupaccelerated paying its suppliers.
The historical data trend for Alta Equipment Group'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 Rental & Leasing Services subindustry, Alta Equipment Group'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.
Alta Equipment Group Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, Alta Equipment Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group'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.
Alta Equipment Group'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.
Alta Equipment Group (ALTG) has a Days Payable of 21.97 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Alta Equipment Group and its competitors. This is 12% below median its historical median of 24.95. Over the past decade, Alta Equipment Group's Days Payable has ranged from 16.74 to 26.90. According to the industry distribution chart, Alta Equipment Group ranks #664 out of 945 companies in the Business Services industry, placing it in the top 70.3%.
Is Alta Equipment Group's Days Payable too high?
Alta Equipment Group's current Days Payable of 21.97 is 12% below median its 10-year median of 24.95. Over the past 10 years, this metric has ranged from a low of 16.74 to a high of 26.90. The Business Services industry median Days Payable is 44.31. Alta Equipment Group's value of 21.97 is 50.4% below this industry median. Based on the distribution chart, Alta Equipment Group ranks #664 out of 945 companies in the Business Services industry, which is below the industry midpoint. Overall, Alta Equipment Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Days Payable compare to AIHS and MWG?
According to the Business Services industry distribution chart, Alta Equipment Group ranks #664 out of 945 companies for Days Payable. This places Alta Equipment Group in the lower half of its industry. The industry median Days Payable is 44.31. Alta Equipment Group's value of 21.97 is 50.4% below this benchmark. Historically, Alta Equipment Group's own Days Payable has ranged from 16.74 to 26.90 over the past decade. While the company's 10-year median is 24.95 vs. the industry median of 44.31, Alta Equipment Group 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 Business Services company?
The median Days Payable among Business Services companies is 44.31, based on 945 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. Alta Equipment Group's current Days Payable of 21.97 is 50.4% 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 Alta Equipment Group and its competitors. For the Business Services industry, the median Days Payable is 44.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alta Equipment Group's current Days Payable is 21.97, which is 12% below median its own 10-year median of 24.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alta Equipment Group stock overvalued right now?
Based on GuruFocus' analysis, Alta Equipment Group (ALTG) is currently considered Fairly Valued. The stock's GF Value™ is $7.19, compared to a current price of $7.25 — trading 0.8% above its estimated fair value. The current Days Payable is 21.97, which is 12% below median its 10-year median of 24.95 and 50.4% below the Business Services industry median of 44.31. Alta Equipment Group's overall GF Score™ is 75/100 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 Alta Equipment Group (ALTG), the current Days Payable is 21.97 as of Jun. 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 Alta Equipment Group (ALTG) Overvalued in 2026?
Based on GuruFocus' analysis, Alta Equipment Group stock appears to be overvalued.
The current stock price of $7.25 is trading 0.8% above its estimated GF Value™ of $7.19.
GuruFocus considers Alta Equipment Group to be Fairly Valued.
Key valuation signals for ALTG:
Days Payable: 21.97 (12% below median its 10-year median of 24.95)
GF Value™: $7.19 vs. price of $7.25 (0.8% above fair value)
Industry Position: 50.4% below the Business Services median (#664 of 945)
No single metric tells the full story. See the ALTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.
75GF Score
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