ASPN (Aspen Aerogels) Days Payable: 36.46 (As of Mar. 2026) — 21% Below Median


ASPN Aspen Aerogels Inc ASPN
67 GF Score
Price $5.63
GF Value $5.12
Valuation Fairly Valued
! 4 Warning Signs
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What is Aspen Aerogels Days Payable?

Aspen Aerogels ASPN -0.88% 67 Days Payable is 36.46 as of Mar. 2026, which is 21% below its 10-year median of 46.23. GuruFocus rates ASPN with a GF Score™ of 67/100 and a GF Value™ of $5.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,715 Construction companies, Aspen Aerogels ranks worse than 79.42% on this metric.

Aspen Aerogels's average Accounts Payable for the three months ended in Mar. 2026 was $13.4 Mil. Aspen Aerogels's Cost of Goods Sold for the three months ended in Mar. 2026 was $33.6 Mil. Hence, Aspen Aerogels's Days Payable for the three months ended in Mar. 2026 was 36.46.

The historical rank and industry rank for Aspen Aerogels's Days Payable or its related term are showing as below:

ASPN' s Days Payable Range Over the Past 10 Years
Min: 37.24   Med: 46.23   Max: 106.23
Current: 40.63

During the past 13 years, Aspen Aerogels's highest Days Payable was 106.23. The lowest was 37.24. And the median was 46.23.

ASPN's Days Payable is ranked worse than
79.42% of 1715 companies
in the Construction industry
Industry Median: 76.78 vs ASPN: 40.63

Aspen Aerogels's Days Payable declined from Mar. 2025 (68.78) to Mar. 2026 (36.46). It may suggest that Aspen Aerogels accelerated paying its suppliers.


Aspen Aerogels Days Payable Historical Data

* Premium members only.

The historical data trend for Aspen Aerogels'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.

Aspen Aerogels Days Payable Chart

Aspen Aerogels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.24 75.09 106.23 64.57 46.70

Aspen Aerogels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.78 57.94 40.28 22.96 36.46

ASPN vs SWIM, JLHL, JBI: Days Payable Comparison

For the Building Products & Equipment subindustry, Aspen Aerogels'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.


Aspen Aerogels Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Aspen Aerogels's Days Payable distribution charts can be found below:

* The bar in red indicates where Aspen Aerogels's Days Payable falls into.


ASPN
67GF Score
Aspen Aerogels Inc ASPN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Aerogels Days Payable Calculation

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.

Aspen Aerogels's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (44.361 + 13.243) / 2 ) / 225.105*365
=28.802 / 225.105*365
=46.70

Aspen Aerogels's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (13.243 + 13.611) / 2 ) / 33.608*365 / 4
=13.427 / 33.608*365 / 4
=36.46

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 36.46 mean?
Aspen Aerogels (ASPN) has a Days Payable of 36.46 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 Aspen Aerogels and its competitors. This is 21% below median its historical median of 46.23. Over the past decade, Aspen Aerogels' Days Payable has ranged from 37.24 to 106.23. According to the industry distribution chart, Aspen Aerogels ranks #1362 out of 1715 companies in the Construction industry, placing it in the top 79.4%.
Is Aspen Aerogels' Days Payable too high?
Aspen Aerogels' current Days Payable of 36.46 is 21% below median its 10-year median of 46.23. Over the past 10 years, this metric has ranged from a low of 37.24 to a high of 106.23. The Construction industry median Days Payable is 76.78. Aspen Aerogels' value of 36.46 is 52.5% below this industry median. Based on the distribution chart, Aspen Aerogels ranks #1362 out of 1715 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Aspen Aerogels has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aspen Aerogels' Days Payable compare to SWIM and JLHL?
According to the Construction industry distribution chart, Aspen Aerogels ranks #1362 out of 1715 companies for Days Payable. This places Aspen Aerogels in the lower half of its industry. The industry median Days Payable is 76.78. Aspen Aerogels' value of 36.46 is 52.5% below this benchmark. Historically, Aspen Aerogels' own Days Payable has ranged from 37.24 to 106.23 over the past decade. While the company's 10-year median is 46.23 vs. the industry median of 76.78, Aspen Aerogels 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 Construction company?
The median Days Payable among Construction companies is 76.78, based on 1,715 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. Aspen Aerogels's current Days Payable of 36.46 is 52.5% 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 Aspen Aerogels and its competitors. For the Construction industry, the median Days Payable is 76.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Aerogels's current Days Payable is 36.46, which is 21% below median its own 10-year median of 46.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Aerogels stock overvalued right now?
Based on GuruFocus' analysis, Aspen Aerogels (ASPN) is currently considered Fairly Valued. The stock's GF Value™ is $5.12, compared to a current price of $5.63 — trading 10% above its estimated fair value. The current Days Payable is 36.46, which is 21% below median its 10-year median of 46.23 and 52.5% below the Construction industry median of 76.78. Aspen Aerogels' overall GF Score™ is 67/100 with 4 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 Aspen Aerogels (ASPN), the current Days Payable is 36.46 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 Aspen Aerogels (ASPN) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Aerogels stock appears to be overvalued. The current stock price of $5.63 is trading 10% above its estimated GF Value™ of $5.12. GuruFocus considers Aspen Aerogels to be Fairly Valued.

Key valuation signals for ASPN:

  • Days Payable: 36.46 (21% below median its 10-year median of 46.23)
  • GF Value™: $5.12 vs. price of $5.63 (10% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 52.5% below the Construction median (#1362 of 1715)

No single metric tells the full story. See the ASPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aspen Aerogels Business Description

Address 30 Forbes Road, Building B, Northborough, MA, USA, 01532
Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology, supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Thermal Barrier segment and the United States market. Some of its products include Pyrogel XTE, Cryogel Z, Spaceloft Subsea, and others.
67GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.63
Price
$5.12
GF Value