BUKS (Butler National) Days Payable: 104.70 (As of Apr. 2026) — 371% Above Median

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BUKS Butler National Corp BUKS
74 GF Score
Price $4.25
GF Value $1.89
Valuation Significantly Overvalued
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What is Butler National Days Payable?

Butler National BUKS 74 Days Payable is 104.70 as of Apr. 2026, which is 371% above its 10-year median of 22.24. GuruFocus rates BUKS with a GF Score™ of 74/100 and a GF Value™ of $1.89 (Significantly Overvalued). Among 340 Aerospace & Defense companies, Butler National ranks better than 66.18% on this metric.

Butler National's average Accounts Payable for the three months ended in Apr. 2026 was $15.52 Mil. Butler National's Cost of Goods Sold for the three months ended in Apr. 2026 was $13.53 Mil. Hence, Butler National's Days Payable for the three months ended in Apr. 2026 was 104.70.

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

BUKS' s Days Payable Range Over the Past 10 Years
Min: 11.05   Med: 22.24   Max: 102.24
Current: 102.24

During the past 13 years, Butler National's highest Days Payable was 102.24. The lowest was 11.05. And the median was 22.24.

BUKS's Days Payable is ranked better than
66.18% of 340 companies
in the Aerospace & Defense industry
Industry Median: 64.105 vs BUKS: 102.24

Butler National's Days Payable increased from Apr. 2025 (95.26) to Apr. 2026 (104.70). It may suggest that Butler National delayed paying its suppliers.


Butler National Days Payable Historical Data

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The historical data trend for Butler National'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.

Butler National Days Payable Chart

Butler National Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.40 35.76 43.54 55.30 82.95

Butler National Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 95.26 113.13 109.80 102.03 104.70

BUKS vs SPCE, MRLN, ISSC: Days Payable Comparison

For the Aerospace & Defense subindustry, Butler National'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.


Butler National Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Butler National's Days Payable distribution charts can be found below:

* The bar in red indicates where Butler National's Days Payable falls into.


BUKS
74GF Score
Butler National Corp BUKS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Butler National 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.

Butler National's Days Payable for the fiscal year that ended in Apr. 2026 is calculated as

Days Payable (A: Apr. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2025 ) + Accounts Payable (A: Apr. 2026 )) / count ) / Cost of Goods Sold (A: Apr. 2026 )*Days in Period
=( (8.623 + 13.102) / 2 ) / 47.796*365
=10.8625 / 47.796*365
=82.95

Butler National's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (17.937 + 13.102) / 2 ) / 13.526*365 / 4
=15.5195 / 13.526*365 / 4
=104.70

* 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 104.70 mean?
Butler National (BUKS) has a Days Payable of 104.70 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Butler National and its competitors. This is 371% above median its historical median of 22.24. Over the past decade, Butler National's Days Payable has ranged from 11.05 to 102.24. According to the industry distribution chart, Butler National ranks #115 out of 340 companies in the Aerospace & Defense industry, placing it in the top 33.8%.
Is Butler National's Days Payable too high?
Butler National's current Days Payable of 104.70 is 371% above median its 10-year median of 22.24. Over the past 10 years, this metric has ranged from a low of 11.05 to a high of 102.24. The Aerospace & Defense industry median Days Payable is 64.11. Butler National's value of 104.70 is 63.3% above this industry median. Based on the distribution chart, Butler National ranks #115 out of 340 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Butler National has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Butler National's Days Payable compare to SPCE and MRLN?
According to the Aerospace & Defense industry distribution chart, Butler National ranks #115 out of 340 companies for Days Payable. This puts Butler National in the upper half of its industry. The industry median Days Payable is 64.11. Butler National's value of 104.70 is 63.3% above this benchmark. Historically, Butler National's own Days Payable has ranged from 11.05 to 102.24 over the past decade. While the company's 10-year median is 22.24 vs. the industry median of 64.11, Butler National 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.11, based on 340 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. Butler National's current Days Payable of 104.70 is 63.3% 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 Butler National and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Butler National's current Days Payable is 104.70, which is 371% above median its own 10-year median of 22.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butler National stock overvalued right now?
Based on GuruFocus' analysis, Butler National (BUKS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.89, compared to a current price of $4.25 — trading 124.9% above its estimated fair value. The current Days Payable is 104.70, which is 371% above median its 10-year median of 22.24 and 63.3% above the Aerospace & Defense industry median of 64.11. Butler National's overall GF Score™ is 74/100. 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 Butler National (BUKS), the current Days Payable is 104.70 as of Apr. 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 Butler National (BUKS) Overvalued in 2026?

Based on GuruFocus' analysis, Butler National stock appears to be overvalued. The current stock price of $4.25 is trading 124.9% above its estimated GF Value™ of $1.89. GuruFocus considers Butler National to be Significantly Overvalued.

Key valuation signals for BUKS:

  • Days Payable: 104.70 (371% above median its 10-year median of 22.24)
  • GF Value™: $1.89 vs. price of $4.25 (124.9% above fair value)
  • GF Score™: 74/100
  • Industry Position: 63.3% above the Aerospace & Defense median (#115 of 340)

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


Butler National Business Description

Address One Aero Plaza, New Century, KS, USA, 66031
Butler National Corp is involved in the design, engineering, manufacturing, selling, integrating, installing, repairing, modifying, overhauling, servicing, and distributing portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems (Aerospace Products). The group serves the aviation industry, including owners of aircraft and contractors involved with private, commercial, business, and government aircraft operations. It also serves commercial weapon manufacturers and suppliers to governments and their agencies. The company has two operating segments: Professional Services and Aerospace Products. Its main source of revenue comes from the Aerospace Products segment. It operates in North America, Europe, Asia, Australia, and other geographical regions.
74GF Score

Get the complete analysis for BUKS

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

$4.25
Price
$1.89
GF Value