DRMTY (Dr. Martens) Days Payable: 102.19 (As of Mar. 2026) — 132% Above Median


DRMTY Dr. Martens PLC DRMTY
73 GF Score
Price $1.83
GF Value $1.89
Valuation Fairly Valued
! 3 Warning Signs
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What is Dr. Martens Days Payable?

Dr. Martens DRMTY 73 Days Payable is 102.19 as of Mar. 2026, which is 132% above its 10-year median of 44.00. GuruFocus rates DRMTY with a GF Score™ of 73/100 and a GF Value™ of $1.89 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Dr. Martens ranks better than 72.35% on this metric.

Dr. Martens's average Accounts Payable for the six months ended in Mar. 2026 was $110 Mil. Dr. Martens's Cost of Goods Sold for the six months ended in Mar. 2026 was $196 Mil. Hence, Dr. Martens's Days Payable for the six months ended in Mar. 2026 was 102.19.

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

DRMTY' s Days Payable Range Over the Past 10 Years
Min: 36   Med: 44   Max: 89.57
Current: 89.57

During the past 9 years, Dr. Martens's highest Days Payable was 89.57. The lowest was 36.00. And the median was 44.00.

DRMTY's Days Payable is ranked better than
72.35% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.135 vs DRMTY: 89.57

Dr. Martens's Days Payable increased from Mar. 2025 (93.63) to Mar. 2026 (102.19). It may suggest that Dr. Martens delayed paying its suppliers.


Dr. Martens Days Payable Historical Data

* Premium members only.

The historical data trend for Dr. Martens'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.

Dr. Martens Days Payable Chart

Dr. Martens Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only 59.69 57.82 57.02 39.66 42.61

Dr. Martens Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 87.60 128.17 93.63 127.11 102.19

DRMTY vs NKE, DECK, ONON: Days Payable Comparison

For the Footwear & Accessories subindustry, Dr. Martens'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.


Dr. Martens Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dr. Martens's Days Payable distribution charts can be found below:

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


DRMTY
73GF Score
Dr. Martens PLC DRMTY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Dr. Martens 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.

Dr. Martens's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (35.53 + 45.067) / 2 ) / 345.2*365
=40.2985 / 345.2*365
=42.61

Dr. Martens's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (174.73 + 45.067) / 2 ) / 196.266*365 / 2
=109.8985 / 196.266*365 / 2
=102.19

* 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 102.19 mean?
Dr. Martens (DRMTY) has a Days Payable of 102.19 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 Dr. Martens and its competitors. This is 132% above median its historical median of 44.00. Over the past decade, Dr. Martens' Days Payable has ranged from 36.00 to 89.57. According to the industry distribution chart, Dr. Martens ranks #282 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 27.6%.
Is Dr. Martens' Days Payable too high?
Dr. Martens' current Days Payable of 102.19 is 132% above median its 10-year median of 44.00. Over the past 10 years, this metric has ranged from a low of 36.00 to a high of 89.57. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.14. Dr. Martens' value of 102.19 is 88.8% above this industry median. Based on the distribution chart, Dr. Martens ranks #282 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Dr. Martens has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dr. Martens' Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Dr. Martens ranks #282 out of 1020 companies for Days Payable. This puts Dr. Martens in the upper half of its industry. The industry median Days Payable is 54.14. Dr. Martens' value of 102.19 is 88.8% above this benchmark. Historically, Dr. Martens' own Days Payable has ranged from 36.00 to 89.57 over the past decade. While the company's 10-year median is 44.00 vs. the industry median of 54.14, Dr. Martens 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.14, based on 1,020 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. Dr. Martens's current Days Payable of 102.19 is 88.8% 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 Dr. Martens and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dr. Martens's current Days Payable is 102.19, which is 132% above median its own 10-year median of 44.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dr. Martens stock overvalued right now?
Based on GuruFocus' analysis, Dr. Martens (DRMTY) is currently considered Fairly Valued. The stock's GF Value™ is $1.89, compared to a current price of $1.83 — trading 3.2% below its estimated fair value. The current Days Payable is 102.19, which is 132% above median its 10-year median of 44.00 and 88.8% above the Manufacturing - Apparel & Accessories industry median of 54.14. Dr. Martens' overall GF Score™ is 73/100 with 3 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 Dr. Martens (DRMTY), the current Days Payable is 102.19 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 Dr. Martens (DRMTY) Overvalued in 2026?

Based on GuruFocus' analysis, Dr. Martens stock appears to be undervalued. The current stock price of $1.83 is trading 3.2% below its estimated GF Value™ of $1.89. GuruFocus considers Dr. Martens to be Fairly Valued.

Key valuation signals for DRMTY:

  • Days Payable: 102.19 (132% above median its 10-year median of 44.00)
  • GF Value™: $1.89 vs. price of $1.83 (3.2% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 88.8% above the Manufacturing - Apparel & Accessories median (#282 of 1020)

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


Dr. Martens Business Description

Address 28 Jamestown Road, Camden, London, GBR, NW1 7BY
Dr. Martens PLC is engaged in the footwear business. Its product segments include Originals, Fusion, Kids and Casual, and a complementary range of Accessories. The company has sales through E-commerce, Retail, and Wholesale of Products. Geographically, it derives the majority of its revenue from EMEA and has a presence in the Americas and APAC.
73GF Score

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

$1.83
Price
$1.89
GF Value