CYAN (Cyanotech) Days Payable: 64.11 (As of Dec. 2025) — 26% Above Median


CYAN Cyanotech Corp CYAN
34 GF Score
Price $0.49
GF Value $0.40
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Cyanotech Days Payable?

Cyanotech CYAN 34 Days Payable is 64.11 as of Dec. 2025, which is 26% above its 10-year median of 51.03. GuruFocus rates CYAN with a GF Score™ of 34/100 and a GF Value™ of $0.40 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,882 Consumer Packaged Goods companies, Cyanotech ranks better than 57.65% on this metric.

Cyanotech's average Accounts Payable for the three months ended in Dec. 2025 was $2.64 Mil. Cyanotech's Cost of Goods Sold for the three months ended in Dec. 2025 was $3.76 Mil. Hence, Cyanotech's Days Payable for the three months ended in Dec. 2025 was 64.11.

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

CYAN' s Days Payable Range Over the Past 10 Years
Min: 26.21   Med: 51.03   Max: 78.13
Current: 51.2

During the past 13 years, Cyanotech's highest Days Payable was 78.13. The lowest was 26.21. And the median was 51.03.

CYAN's Days Payable is ranked better than
57.65% of 1882 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs CYAN: 51.20

Cyanotech's Days Payable increased from Dec. 2024 (48.94) to Dec. 2025 (64.11). It may suggest that Cyanotech delayed paying its suppliers.


Cyanotech Days Payable Historical Data

* Premium members only.

The historical data trend for Cyanotech'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.

Cyanotech Days Payable Chart

Cyanotech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.03 37.87 38.78 26.21 38.48

Cyanotech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 48.94 43.72 50.18 51.82 64.11

CYAN vs PAVS, TOFB, ATPC: Days Payable Comparison

For the Packaged Foods subindustry, Cyanotech'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.


Cyanotech Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cyanotech's Days Payable distribution charts can be found below:

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


CYAN
34GF Score
Cyanotech Corp CYAN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cyanotech 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.

Cyanotech's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (1.439 + 2.217) / 2 ) / 17.339*365
=1.828 / 17.339*365
=38.48

Cyanotech's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (2.971 + 2.315) / 2 ) / 3.762*365 / 4
=2.643 / 3.762*365 / 4
=64.11

* 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 64.11 mean?
Cyanotech (CYAN) has a Days Payable of 64.11 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cyanotech and its competitors. This is 26% above median its historical median of 51.03. Over the past decade, Cyanotech's Days Payable has ranged from 26.21 to 78.13. According to the industry distribution chart, Cyanotech ranks #797 out of 1882 companies in the Consumer Packaged Goods industry, placing it in the top 42.3%.
Is Cyanotech's Days Payable too high?
Cyanotech's current Days Payable of 64.11 is 26% above median its 10-year median of 51.03. Over the past 10 years, this metric has ranged from a low of 26.21 to a high of 78.13. The Consumer Packaged Goods industry median Days Payable is 44.15. Cyanotech's value of 64.11 is 45.2% above this industry median. Based on the distribution chart, Cyanotech ranks #797 out of 1882 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Cyanotech has a GF Score™ of 34/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cyanotech's Days Payable compare to PAVS and TOFB?
According to the Consumer Packaged Goods industry distribution chart, Cyanotech ranks #797 out of 1882 companies for Days Payable. This puts Cyanotech in the upper half of its industry. The industry median Days Payable is 44.15. Cyanotech's value of 64.11 is 45.2% above this benchmark. Historically, Cyanotech's own Days Payable has ranged from 26.21 to 78.13 over the past decade. While the company's 10-year median is 51.03 vs. the industry median of 44.15, Cyanotech 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,882 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. Cyanotech's current Days Payable of 64.11 is 45.2% 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 Cyanotech and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyanotech's current Days Payable is 64.11, which is 26% above median its own 10-year median of 51.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyanotech stock overvalued right now?
Based on GuruFocus' analysis, Cyanotech (CYAN) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.40, compared to a current price of $0.49 — trading 21.6% above its estimated fair value. The current Days Payable is 64.11, which is 26% above median its 10-year median of 51.03 and 45.2% above the Consumer Packaged Goods industry median of 44.15. Cyanotech's overall GF Score™ is 34/100 with 9 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 Cyanotech (CYAN), the current Days Payable is 64.11 as of Dec. 2025. 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 Cyanotech (CYAN) Overvalued in 2026?

Based on GuruFocus' analysis, Cyanotech stock appears to be overvalued. The current stock price of $0.49 is trading 21.6% above its estimated GF Value™ of $0.40. GuruFocus considers Cyanotech to be Modestly Overvalued.

Key valuation signals for CYAN:

  • Days Payable: 64.11 (26% above median its 10-year median of 51.03)
  • GF Value™: $0.40 vs. price of $0.49 (21.6% above fair value)
  • GF Score™: 34/100 with 9 warning signs
  • Industry Position: 45.2% above the Consumer Packaged Goods median (#797 of 1882)

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


Cyanotech Business Description

Address 73-4460 Queen Kaahumanu Highway, Suite 102, Kailua-Kona, HI, USA, 96740
Cyanotech Corp is engaged in the production of natural products derived from microalgae for the nutritional supplements market. The company's products include BioAstin Hawaiian Astaxanthin and Hawaiian Spirulina Pacifica is a dietary supplement used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids. BioAstin Hawaiian Astaxanthin is a dietary antioxidant shown to support and maintain the body's natural inflammatory response, enhance skin, and support eye and joint health. It derives maximum revenue from the Packaged product and geographically from the United States.
34GF Score

Get the complete analysis for CYAN

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

$0.49
Price
$0.40
GF Value