Granges ABCHIX:GRNGS 91 Days Payable is 46.72 as of Mar. 2026, which is 18% below its 10-year median of 57.00. GuruFocus rates CHIX:GRNGS with a GF Score™ of 91/100 and a GF Value™ of kr164.10 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,067 Metals & Mining companies, Granges AB ranks worse than 73.76% on this metric.
Granges AB's average Accounts Payable for the
three
months ended in Mar. 2026 was kr3,105 Mil. Granges AB's Cost of Goods Sold for the
three
months ended in Mar. 2026 was kr6,064 Mil.
Hence, Granges AB's Days Payable for the
three
months ended in Mar. 2026 was 46.72.
The historical rank and industry rank for Granges AB's Days Payable or its related term are showing as below:
CHIX:GRNGs'
s Days Payable Range Over the Past 10 Years
Min: 44.13 Med: 57 Max: 76.84
Current: 49.45
During the past 13 years, Granges AB's highest Days Payable was 76.84. The lowest was 44.13. And the median was 57.00.
CHIX:GRNGs's Days Payable is ranked worse than 73.76% of 1067
companies
in the Metals & Mining industry
Industry Median: 127.26
vs CHIX:GRNGs: 49.45
Granges AB's Days Payable
increased
from Mar. 2025 (46.54) to Mar. 2026 (46.72).
It may suggest that Granges ABdelayed paying its suppliers.
Granges AB Days Payable Related Terms
Granges AB Days Payable Historical Data
* Premium members only.
The historical data trend for Granges 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.
For the Aluminum subindustry, Granges 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.
Granges AB Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Granges AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Granges 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.
Granges 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.
Granges AB (CHIX:GRNGS) has a Days Payable of 46.72 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 Granges AB and its competitors. This is 18% below median its historical median of 57.00. Over the past decade, Granges AB's Days Payable has ranged from 44.13 to 76.84. According to the industry distribution chart, Granges AB ranks #787 out of 1067 companies in the Metals & Mining industry, placing it in the top 73.8%.
Is Granges AB's Days Payable too high?
Granges AB's current Days Payable of 46.72 is 18% below median its 10-year median of 57.00. Over the past 10 years, this metric has ranged from a low of 44.13 to a high of 76.84. The Metals & Mining industry median Days Payable is 127.26. Granges AB's value of 46.72 is 63.3% below this industry median. Based on the distribution chart, Granges AB ranks #787 out of 1067 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Granges AB has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Granges AB's Days Payable compare to AA?
According to the Metals & Mining industry distribution chart, Granges AB ranks #787 out of 1067 companies for Days Payable. This places Granges AB in the lower half of its industry. The industry median Days Payable is 127.26. Granges AB's value of 46.72 is 63.3% below this benchmark. Historically, Granges AB's own Days Payable has ranged from 44.13 to 76.84 over the past decade. While the company's 10-year median is 57.00 vs. the industry median of 127.26, Granges 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 a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,067 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. Granges AB's current Days Payable of 46.72 is 63.3% 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 Granges AB and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granges AB's current Days Payable is 46.72, which is 18% below median its own 10-year median of 57.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granges AB stock overvalued right now?
Based on GuruFocus' analysis, Granges AB (CHIX:GRNGS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr164.10, compared to a current price of kr186.40 — trading 13.6% above its estimated fair value. The current Days Payable is 46.72, which is 18% below median its 10-year median of 57.00 and 63.3% below the Metals & Mining industry median of 127.26. Granges AB's overall GF Score™ is 91/100 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 Granges AB (CHIX:GRNGS), the current Days Payable is 46.72 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 Granges AB (CHIX:GRNGS) Overvalued in 2026?
Based on GuruFocus' analysis, Granges AB stock appears to be overvalued.
The current stock price of kr186.40 is trading 13.6% above its estimated GF Value™ of kr164.10.
GuruFocus considers Granges AB to be Modestly Overvalued.
Key valuation signals for CHIX:GRNGS:
Days Payable: 46.72 (18% below median its 10-year median of 57.00)
GF Value™: kr164.10 vs. price of kr186.40 (13.6% above fair value)
Industry Position: 63.3% below the Metals & Mining median (#787 of 1067)
No single metric tells the full story. See the CHIX:GRNGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Granges AB is a Sweden-based supplier of rolled aluminum products for original equipment manufacturers. It offers products in heat exchanger applications, specialty packaging, and new rolled product niches. Some of the products offered by the company include clad tubes, mechanically bonded copper tubes, brazed aluminum heat exchangers, aluminum packaging products, cathode foil materials, battery cooling aluminum plates, and aluminum powder materials, among others. These products find their applications in automotive, electrification and battery, specialty packaging, industrial, heating, ventilation and air conditioning, and other industries. The company's operating segments are Granges Americas, Granges Asia, and Granges Europe. Maximum revenue is derived from the Granges Americas segment.
91GF Score
Get the complete analysis for CHIX:GRNGS
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:GRNGS has been successfully added to your 
