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CognexCGNX +1.36%87 Days Payable is 66.50 as of Jun. 2026, which is 83% above its 10-year median of 36.33. GuruFocus rates CGNX with a GF Score™ of 87/100 and a GF Value™ of $52.68 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,441 Hardware companies, Cognex ranks worse than 62.39% on this metric.
Cognex's average Accounts Payable for the
three
months ended in Jun. 2026 was $62 Mil. Cognex's Cost of Goods Sold for the
three
months ended in Jun. 2026 was $85 Mil.
Hence, Cognex's Days Payable for the
three
months ended in Jun. 2026 was 66.50.
The historical rank and industry rank for Cognex's Days Payable or its related term are showing as below:
CGNX'
s Days Payable Range Over the Past 10 Years
Min: 24.63 Med: 36.33 Max: 56.54
Current: 56.54
During the past 13 years, Cognex's highest Days Payable was 56.54. The lowest was 24.63. And the median was 36.33.
CGNX's Days Payable is ranked worse than 62.39% of 2441
companies
in the Hardware industry
Industry Median: 70.04
vs CGNX: 56.54
Cognex's Days Payable
increased
from Jun. 2025 (48.07) to Jun. 2026 (66.50).
It may suggest that Cognexdelayed paying its suppliers.
The historical data trend for Cognex'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 Scientific & Technical Instruments subindustry, Cognex'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.
Cognex Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Cognex's Days Payable distribution charts can be found below:
* The bar in red indicates where Cognex'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.
Cognex's Days Payable for the fiscal year that ended in Dec. 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.
Cognex (CGNX) has a Days Payable of 66.50 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cognex and its competitors. This is 83% above median its historical median of 36.33. Over the past decade, Cognex's Days Payable has ranged from 24.63 to 56.54. According to the industry distribution chart, Cognex ranks #1523 out of 2441 companies in the Hardware industry, placing it in the top 62.4%.
Is Cognex's Days Payable too high?
Cognex's current Days Payable of 66.50 is 83% above median its 10-year median of 36.33. Over the past 10 years, this metric has ranged from a low of 24.63 to a high of 56.54. The Hardware industry median Days Payable is 70.04. Cognex's value of 66.50 is 5.1% below this industry median. Based on the distribution chart, Cognex ranks #1523 out of 2441 companies in the Hardware industry, which is below the industry midpoint. Overall, Cognex has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cognex's Days Payable compare to ESE and TRMB?
According to the Hardware industry distribution chart, Cognex ranks #1523 out of 2441 companies for Days Payable. This places Cognex in the lower half of its industry. The industry median Days Payable is 70.04. Cognex's value of 66.50 is 5.1% below this benchmark. Historically, Cognex's own Days Payable has ranged from 24.63 to 56.54 over the past decade. While the company's 10-year median is 36.33 vs. the industry median of 70.04, Cognex 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 Hardware company?
The median Days Payable among Hardware companies is 70.04, based on 2,441 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. Cognex's current Days Payable of 66.50 is 5.1% 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 Cognex and its competitors. For the Hardware industry, the median Days Payable is 70.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cognex's current Days Payable is 66.50, which is 83% above median its own 10-year median of 36.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognex stock overvalued right now?
Based on GuruFocus' analysis, Cognex (CGNX) is currently considered Modestly Overvalued. The stock's GF Value™ is $52.68, compared to a current price of $60.54 — trading 14.9% above its estimated fair value. The current Days Payable is 66.50, which is 83% above median its 10-year median of 36.33 and 5.1% below the Hardware industry median of 70.04. Cognex's overall GF Score™ is 87/100 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 Cognex (CGNX), the current Days Payable is 66.50 as of Jun. 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 Cognex (CGNX) Overvalued in 2026?
Based on GuruFocus' analysis, Cognex stock appears to be overvalued.
The current stock price of $60.54 is trading 14.9% above its estimated GF Value™ of $52.68.
GuruFocus considers Cognex to be Modestly Overvalued.
Key valuation signals for CGNX:
Days Payable: 66.50 (83% above median its 10-year median of 36.33)
GF Value™: $52.68 vs. price of $60.54 (14.9% above fair value)
Industry Position: 5.1% below the Hardware median (#1523 of 2441)
No single metric tells the full story. See the CGNX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision software combines vision tools with a customer's cameras and peripheral equipment and can help with several vision tasks, including part location, identification, measurement, and robotic guidance. Vision systems combine a camera, processor, and vision software into a single package. Vision sensors deliver simple, low-cost solutions for common vision applications, such as checking the size of parts. Geographically, it operates in United states, Europe, Greater China and others. Cognex generates the maximum proportion of its sales in the United States and Europe.
87GF Score
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