CDNTF (Canadian Tire) Days Payable: 105.64 (As of Mar. 2026) — 38% Above Median


CDNTF Canadian Tire Corp Ltd CDNTF
62 GF Score
Price $187.03
GF Value $161.41
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Canadian Tire Days Payable?

Canadian Tire CDNTF 62 Days Payable is 105.64 as of Mar. 2026, which is 38% above its 10-year median of 76.73. GuruFocus rates CDNTF with a GF Score™ of 62/100 and a GF Value™ of $161.41 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,102 Retail - Cyclical companies, Canadian Tire ranks better than 75.68% on this metric.

Canadian Tire's average Accounts Payable for the three months ended in Mar. 2026 was $1,947 Mil. Canadian Tire's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,682 Mil. Hence, Canadian Tire's Days Payable for the three months ended in Mar. 2026 was 105.64.

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

CDNTF' s Days Payable Range Over the Past 10 Years
Min: 70.11   Med: 76.73   Max: 95.28
Current: 95.28

During the past 13 years, Canadian Tire's highest Days Payable was 95.28. The lowest was 70.11. And the median was 76.73.

CDNTF's Days Payable is ranked better than
75.68% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 51.215 vs CDNTF: 95.28

Canadian Tire's Days Payable increased from Mar. 2025 (103.33) to Mar. 2026 (105.64). It may suggest that Canadian Tire delayed paying its suppliers.


Canadian Tire Days Payable Historical Data

* Premium members only.

The historical data trend for Canadian Tire'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.

Canadian Tire Days Payable Chart

Canadian Tire 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 75.57 80.56 79.70 83.25 78.44

Canadian Tire 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 103.33 89.96 102.24 81.40 105.64

CDNTF vs CASY, WSM, ULTA: Days Payable Comparison

For the Specialty Retail subindustry, Canadian Tire'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.


Canadian Tire Days Payable vs Retail - Cyclical Industry

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

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


CDNTF
62GF Score
Canadian Tire Corp Ltd CDNTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Tire 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.

Canadian Tire'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
=( (1692.567 + 1641.392) / 2 ) / 7756.578*365
=1666.9795 / 7756.578*365
=78.44

Canadian Tire'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
=( (1641.392 + 2251.968) / 2 ) / 1681.56*365 / 4
=1946.68 / 1681.56*365 / 4
=105.64

* 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 105.64 mean?
Canadian Tire (CDNTF) has a Days Payable of 105.64 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 Canadian Tire and its competitors. This is 38% above median its historical median of 76.73. Over the past decade, Canadian Tire's Days Payable has ranged from 70.11 to 95.28. According to the industry distribution chart, Canadian Tire ranks #268 out of 1102 companies in the Retail - Cyclical industry, placing it in the top 24.3%.
Is Canadian Tire's Days Payable too high?
Canadian Tire's current Days Payable of 105.64 is 38% above median its 10-year median of 76.73. Over the past 10 years, this metric has ranged from a low of 70.11 to a high of 95.28. The Retail - Cyclical industry median Days Payable is 51.22. Canadian Tire's value of 105.64 is 106.3% above this industry median. Based on the distribution chart, Canadian Tire ranks #268 out of 1102 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian Tire has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Tire's Days Payable compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Canadian Tire ranks #268 out of 1102 companies for Days Payable. This places Canadian Tire in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.22. Canadian Tire's value of 105.64 is 106.3% above this benchmark. Historically, Canadian Tire's own Days Payable has ranged from 70.11 to 95.28 over the past decade. While the company's 10-year median is 76.73 vs. the industry median of 51.22, Canadian Tire 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 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. Canadian Tire's current Days Payable of 105.64 is 106.3% 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 Canadian Tire 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. Canadian Tire's current Days Payable is 105.64, which is 38% above median its own 10-year median of 76.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Tire stock overvalued right now?
Based on GuruFocus' analysis, Canadian Tire (CDNTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $161.41, compared to a current price of $187.03 — trading 15.9% above its estimated fair value. The current Days Payable is 105.64, which is 38% above median its 10-year median of 76.73 and 106.3% above the Retail - Cyclical industry median of 51.22. Canadian Tire's overall GF Score™ is 62/100 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 Canadian Tire (CDNTF), the current Days Payable is 105.64 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 Canadian Tire (CDNTF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Tire stock appears to be overvalued. The current stock price of $187.03 is trading 15.9% above its estimated GF Value™ of $161.41. GuruFocus considers Canadian Tire to be Modestly Overvalued.

Key valuation signals for CDNTF:

  • Days Payable: 105.64 (38% above median its 10-year median of 76.73)
  • GF Value™: $161.41 vs. price of $187.03 (15.9% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 106.3% above the Retail - Cyclical median (#268 of 1102)

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


Canadian Tire Business Description

Address 2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, and Party City. Its product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 12 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.
62GF Score

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

$187.03
Price
$161.41
GF Value