Coda Octopus GroupCODA +2.30%89 Days Payable is 45.15 as of Apr. 2026, which is 27% below its 10-year median of 62.23. GuruFocus rates CODA with a GF Score™ of 89/100 and a GF Value™ of $10.12 (Fairly Valued). The stock has 1 warning sign investors should review. Among 337 Aerospace & Defense companies, Coda Octopus Group ranks worse than 66.77% on this metric.
The historical rank and industry rank for Coda Octopus Group's Days Payable or its related term are showing as below:
CODA'
s Days Payable Range Over the Past 10 Years
Min: 45.88 Med: 62.23 Max: 76.18
Current: 45.88
During the past 13 years, Coda Octopus Group's highest Days Payable was 76.18. The lowest was 45.88. And the median was 62.23.
CODA's Days Payable is ranked worse than 66.77% of 337
companies
in the Aerospace & Defense industry
Industry Median: 65.05
vs CODA: 45.88
Coda Octopus Group's Days Payable
increased
from Apr. 2025 (35.41) to Apr. 2026 (45.15).
It may suggest that Coda Octopus Groupdelayed paying its suppliers.
Coda Octopus Group Days Payable Related Terms
Coda Octopus Group Days Payable Historical Data
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The historical data trend for Coda Octopus Group'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 Aerospace & Defense subindustry, Coda Octopus Group'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.
Coda Octopus Group Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Coda Octopus Group'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.
Coda Octopus Group's Days Payable for the fiscal year that ended in Oct. 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.
Coda Octopus Group (CODA) has a Days Payable of 45.15 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Coda Octopus Group and its competitors. This is 27% below median its historical median of 62.23. Over the past decade, Coda Octopus Group's Days Payable has ranged from 45.88 to 76.18. According to the industry distribution chart, Coda Octopus Group ranks #225 out of 337 companies in the Aerospace & Defense industry, placing it in the top 66.8%.
Is Coda Octopus Group's Days Payable too high?
Coda Octopus Group's current Days Payable of 45.15 is 27% below median its 10-year median of 62.23. Over the past 10 years, this metric has ranged from a low of 45.88 to a high of 76.18. The Aerospace & Defense industry median Days Payable is 65.05. Coda Octopus Group's value of 45.15 is 30.6% below this industry median. Based on the distribution chart, Coda Octopus Group ranks #225 out of 337 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Coda Octopus Group has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coda Octopus Group's Days Payable compare to VWAV and HOVR?
According to the Aerospace & Defense industry distribution chart, Coda Octopus Group ranks #225 out of 337 companies for Days Payable. This places Coda Octopus Group in the lower half of its industry. The industry median Days Payable is 65.05. Coda Octopus Group's value of 45.15 is 30.6% below this benchmark. Historically, Coda Octopus Group's own Days Payable has ranged from 45.88 to 76.18 over the past decade. While the company's 10-year median is 62.23 vs. the industry median of 65.05, Coda Octopus Group 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. Coda Octopus Group's current Days Payable of 45.15 is 30.6% 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 Coda Octopus Group and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coda Octopus Group's current Days Payable is 45.15, which is 27% below median its own 10-year median of 62.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coda Octopus Group stock overvalued right now?
Based on GuruFocus' analysis, Coda Octopus Group (CODA) is currently considered Fairly Valued. The stock's GF Value™ is $10.12, compared to a current price of $9.77 — trading 3.5% below its estimated fair value. The current Days Payable is 45.15, which is 27% below median its 10-year median of 62.23 and 30.6% below the Aerospace & Defense industry median of 65.05. Coda Octopus Group's overall GF Score™ is 89/100 with 1 warning sign 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 Coda Octopus Group (CODA), the current Days Payable is 45.15 as of Apr. 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 Coda Octopus Group (CODA) Overvalued in 2026?
Based on GuruFocus' analysis, Coda Octopus Group stock appears to be undervalued.
The current stock price of $9.77 is trading 3.5% below its estimated GF Value™ of $10.12.
GuruFocus considers Coda Octopus Group to be Fairly Valued.
Key valuation signals for CODA:
Days Payable: 45.15 (27% below median its 10-year median of 62.23)
GF Value™: $10.12 vs. price of $9.77 (3.5% below fair value)
Industry Position: 30.6% below the Aerospace & Defense median (#225 of 337)
No single metric tells the full story. See the CODA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. The company operates in three distinct business segments: the Marine Technology business, Acoustic Sensors and Material Business and the Defense Engineering Services Business. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Products segment.
89GF Score
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