GARO ABCHIX:GAROS 62 Days Payable is 74.80 as of Mar. 2026, which is 7% below its 10-year median of 80.59. GuruFocus rates CHIX:GAROS with a GF Score™ of 62/100 and a GF Value™ of kr102.65. The stock has 5 warning signs investors should review. Among 2,993 Industrial Products companies, GARO AB ranks worse than 53.99% on this metric.
GARO AB's average Accounts Payable for the
three
months ended in Mar. 2026 was kr113 Mil. GARO AB's Cost of Goods Sold for the
three
months ended in Mar. 2026 was kr137 Mil.
Hence, GARO AB's Days Payable for the
three
months ended in Mar. 2026 was 74.80.
The historical rank and industry rank for GARO AB's Days Payable or its related term are showing as below:
CHIX:GAROs'
s Days Payable Range Over the Past 10 Years
Min: 68.61 Med: 80.59 Max: 89.46
Current: 71.53
During the past 13 years, GARO AB's highest Days Payable was 89.46. The lowest was 68.61. And the median was 80.59.
CHIX:GAROs's Days Payable is ranked worse than 53.99% of 2993
companies
in the Industrial Products industry
Industry Median: 78.08
vs CHIX:GAROs: 71.53
GARO AB's Days Payable
increased
from Mar. 2025 (73.03) to Mar. 2026 (74.80).
It may suggest that GARO ABdelayed paying its suppliers.
GARO AB Days Payable Related Terms
GARO AB Days Payable Historical Data
* Premium members only.
The historical data trend for GARO AB'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.
CHIX:GAROS vs VRT, BE, NVT: Days Payable Comparison
For the Electrical Equipment & Parts subindustry, GARO AB'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.
GARO AB Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, GARO AB's Days Payable distribution charts can be found below:
* The bar in red indicates where GARO AB'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.
GARO AB'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.
GARO AB (CHIX:GAROS) has a Days Payable of 74.80 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 GARO AB and its competitors. This is near median its historical median of 80.59. Over the past decade, GARO AB's Days Payable has ranged from 68.61 to 89.46. According to the industry distribution chart, GARO AB ranks #1616 out of 2993 companies in the Industrial Products industry, placing it in the top 54%.
Is GARO AB's Days Payable too high?
GARO AB's current Days Payable of 74.80 is near median its 10-year median of 80.59. Over the past 10 years, this metric has ranged from a low of 68.61 to a high of 89.46. The Industrial Products industry median Days Payable is 78.08. GARO AB's value of 74.80 is 4.2% below this industry median. Based on the distribution chart, GARO AB ranks #1616 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, GARO AB has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does GARO AB's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, GARO AB ranks #1616 out of 2993 companies for Days Payable. This places GARO AB in the lower half of its industry. The industry median Days Payable is 78.08. GARO AB's value of 74.80 is 4.2% below this benchmark. Historically, GARO AB's own Days Payable has ranged from 68.61 to 89.46 over the past decade. While the company's 10-year median is 80.59 vs. the industry median of 78.08, GARO AB 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,993 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. GARO AB's current Days Payable of 74.80 is 4.2% 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 GARO AB and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GARO AB's current Days Payable is 74.80, which is near median its own 10-year median of 80.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GARO AB stock overvalued right now?
GARO AB (CHIX:GAROS) has a current Days Payable of 74.80. The stock's GF Value™ is kr102.65, compared to a current price of kr59.30 — trading 42.2% below its estimated fair value. The current Days Payable is 74.80, which is near median its 10-year median of 80.59 and 4.2% below the Industrial Products industry median of 78.08. GARO AB's overall GF Score™ is 62/100 with 5 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 GARO AB (CHIX:GAROS), the current Days Payable is 74.80 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 GARO AB (CHIX:GAROS) Overvalued in 2026?
Based on GuruFocus' analysis, GARO AB stock appears to be undervalued.
The current stock price of kr59.30 is trading 42.2% below its estimated GF Value™ of kr102.65.
Key valuation signals for CHIX:GAROS:
Days Payable: 74.80 (near median its 10-year median of 80.59)
GF Value™: kr102.65 vs. price of kr59.30 (42.2% below fair value)
Industry Position: 4.2% below the Industrial Products median (#1616 of 2993)
No single metric tells the full story. See the CHIX:GAROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. Germany, Poland, and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it includes in-house production at two facilities.
62GF Score
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