The a2 Milk CoASX:A2M +3.62%82 Days Payable is 83.62 as of Dec. 2025, which is 100% above its 10-year median of 41.72. GuruFocus rates ASX:A2M with a GF Score™ of 82/100 and a GF Value™ of A$6.67 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,882 Consumer Packaged Goods companies, The a2 Milk Co ranks better than 82.68% on this metric.
The historical rank and industry rank for The a2 Milk Co's Days Payable or its related term are showing as below:
ASX:A2M'
s Days Payable Range Over the Past 10 Years
Min: 27.77 Med: 41.72 Max: 98.27
Current: 98.27
During the past 13 years, The a2 Milk Co's highest Days Payable was 98.27. The lowest was 27.77. And the median was 41.72.
ASX:A2M's Days Payable is ranked better than 82.68% of 1882
companies
in the Consumer Packaged Goods industry
Industry Median: 44.145
vs ASX:A2M: 98.27
The a2 Milk Co's Days Payable
declined
from Dec. 2024 (87.20) to Dec. 2025 (83.62).
It may suggest that The a2 Milk Coaccelerated paying its suppliers.
The a2 Milk Co Days Payable Related Terms
The a2 Milk Co Days Payable Historical Data
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The historical data trend for The a2 Milk Co'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 Packaged Foods subindustry, The a2 Milk Co'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.
The a2 Milk Co Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The a2 Milk Co's Days Payable distribution charts can be found below:
* The bar in red indicates where The a2 Milk Co'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.
The a2 Milk Co's Days Payable for the fiscal year that ended in Jun. 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.
The a2 Milk Co (ASX:A2M) has a Days Payable of 83.62 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on The a2 Milk Co and its competitors. This is 100% above median its historical median of 41.72. Over the past decade, The a2 Milk Co's Days Payable has ranged from 27.77 to 98.27. According to the industry distribution chart, The a2 Milk Co ranks #326 out of 1882 companies in the Consumer Packaged Goods industry, placing it in the top 17.3%.
Is The a2 Milk Co's Days Payable too high?
The a2 Milk Co's current Days Payable of 83.62 is 100% above median its 10-year median of 41.72. Over the past 10 years, this metric has ranged from a low of 27.77 to a high of 98.27. The Consumer Packaged Goods industry median Days Payable is 44.15. The a2 Milk Co's value of 83.62 is 89.4% above this industry median. Based on the distribution chart, The a2 Milk Co ranks #326 out of 1882 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, The a2 Milk Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The a2 Milk Co's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, The a2 Milk Co ranks #326 out of 1882 companies for Days Payable. This places The a2 Milk Co in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 44.15. The a2 Milk Co's value of 83.62 is 89.4% above this benchmark. Historically, The a2 Milk Co's own Days Payable has ranged from 27.77 to 98.27 over the past decade. While the company's 10-year median is 41.72 vs. the industry median of 44.15, The a2 Milk Co 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,882 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. The a2 Milk Co's current Days Payable of 83.62 is 89.4% 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 The a2 Milk Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The a2 Milk Co's current Days Payable is 83.62, which is 100% above median its own 10-year median of 41.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The a2 Milk Co stock overvalued right now?
Based on GuruFocus' analysis, The a2 Milk Co (ASX:A2M) is currently considered Modestly Overvalued. The stock's GF Value™ is A$6.67, compared to a current price of A$7.45 — trading 11.7% above its estimated fair value. The current Days Payable is 83.62, which is 100% above median its 10-year median of 41.72 and 89.4% above the Consumer Packaged Goods industry median of 44.15. The a2 Milk Co's overall GF Score™ is 82/100 with 3 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 The a2 Milk Co (ASX:A2M), the current Days Payable is 83.62 as of Dec. 2025. 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 The a2 Milk Co (ASX:A2M) Overvalued in 2026?
Based on GuruFocus' analysis, The a2 Milk Co stock appears to be overvalued.
The current stock price of A$7.45 is trading 11.7% above its estimated GF Value™ of A$6.67.
GuruFocus considers The a2 Milk Co to be Modestly Overvalued.
Key valuation signals for ASX:A2M:
Days Payable: 83.62 (100% above median its 10-year median of 41.72)
GF Value™: A$6.67 vs. price of A$7.45 (11.7% above fair value)
Industry Position: 89.4% above the Consumer Packaged Goods median (#326 of 1882)
No single metric tells the full story. See the ASX:A2M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.
82GF Score
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