CART (Maplebear) Days Payable: 19.16 (As of Mar. 2026) — 47% Below Median


CART Maplebear Inc CART
63 GF Score
Price $46.95
GF Value $43.43
Valuation Fairly Valued
! 3 Warning Signs
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What is Maplebear Days Payable?

Maplebear CART +0.75% 63 Days Payable is 19.16 as of Mar. 2026, which is 47% below its 10-year median of 36.02. GuruFocus rates CART with a GF Score™ of 63/100 and a GF Value™ of $43.43 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,102 Retail - Cyclical companies, Maplebear ranks worse than 80.67% on this metric.

Maplebear's average Accounts Payable for the three months ended in Mar. 2026 was $59 Mil. Maplebear's Cost of Goods Sold for the three months ended in Mar. 2026 was $281 Mil. Hence, Maplebear's Days Payable for the three months ended in Mar. 2026 was 19.16.

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

CART' s Days Payable Range Over the Past 10 Years
Min: 24.03   Med: 36.02   Max: 38.22
Current: 24.03

During the past 6 years, Maplebear's highest Days Payable was 38.22. The lowest was 24.03. And the median was 36.02.

CART's Days Payable is ranked worse than
80.67% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 51.215 vs CART: 24.03

Maplebear's Days Payable declined from Mar. 2025 (31.70) to Mar. 2026 (19.16). It may suggest that Maplebear accelerated paying its suppliers.


Maplebear Days Payable Historical Data

* Premium members only.

The historical data trend for Maplebear'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.

Maplebear Days Payable Chart

Maplebear Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 36.02 37.51 38.22 33.18 27.82

Maplebear Quarterly Data
Dec21 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 31.70 28.23 27.15 24.55 19.16

CART vs CHWY, W, VIPS: Days Payable Comparison

For the Internet Retail subindustry, Maplebear'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.


Maplebear Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maplebear's Days Payable distribution charts can be found below:

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


CART
63GF Score
Maplebear Inc CART
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Maplebear 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.

Maplebear'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
=( (80 + 70) / 2 ) / 984*365
=75 / 984*365
=27.82

Maplebear'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
=( (70 + 48) / 2 ) / 281*365 / 4
=59 / 281*365 / 4
=19.16

* 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 19.16 mean?
Maplebear (CART) has a Days Payable of 19.16 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 Maplebear and its competitors. This is 47% below median its historical median of 36.02. Over the past decade, Maplebear's Days Payable has ranged from 24.03 to 38.22. According to the industry distribution chart, Maplebear ranks #889 out of 1102 companies in the Retail - Cyclical industry, placing it in the top 80.7%.
Is Maplebear's Days Payable too high?
Maplebear's current Days Payable of 19.16 is 47% below median its 10-year median of 36.02. Over the past 10 years, this metric has ranged from a low of 24.03 to a high of 38.22. The Retail - Cyclical industry median Days Payable is 51.22. Maplebear's value of 19.16 is 62.6% below this industry median. Based on the distribution chart, Maplebear ranks #889 out of 1102 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Maplebear has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maplebear's Days Payable compare to CHWY and W?
According to the Retail - Cyclical industry distribution chart, Maplebear ranks #889 out of 1102 companies for Days Payable. This places Maplebear in the lower half of its industry. The industry median Days Payable is 51.22. Maplebear's value of 19.16 is 62.6% below this benchmark. Historically, Maplebear's own Days Payable has ranged from 24.03 to 38.22 over the past decade. While the company's 10-year median is 36.02 vs. the industry median of 51.22, Maplebear 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.22, based on 1,102 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. Maplebear's current Days Payable of 19.16 is 62.6% 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 Maplebear and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maplebear's current Days Payable is 19.16, which is 47% below median its own 10-year median of 36.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maplebear stock overvalued right now?
Based on GuruFocus' analysis, Maplebear (CART) is currently considered Fairly Valued. The stock's GF Value™ is $43.43, compared to a current price of $46.95 — trading 8.1% above its estimated fair value. The current Days Payable is 19.16, which is 47% below median its 10-year median of 36.02 and 62.6% below the Retail - Cyclical industry median of 51.22. Maplebear's overall GF Score™ is 63/100 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 Maplebear (CART), the current Days Payable is 19.16 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 Maplebear (CART) Overvalued in 2026?

Based on GuruFocus' analysis, Maplebear stock appears to be overvalued. The current stock price of $46.95 is trading 8.1% above its estimated GF Value™ of $43.43. GuruFocus considers Maplebear to be Fairly Valued.

Key valuation signals for CART:

  • Days Payable: 19.16 (47% below median its 10-year median of 36.02)
  • GF Value™: $43.43 vs. price of $46.95 (8.1% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 62.6% below the Retail - Cyclical median (#889 of 1102)

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


Maplebear Business Description

Address 50 Beale Street, Suite 600, San Francisco, CA, USA, 94105
Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.
63GF Score

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

$46.95
Price
$43.43
GF Value