EYE (National Vision Holdings) Days Payable: 34.60 (As of Mar. 2026) — 37% Above Median

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EYE National Vision Holdings Inc EYE
74 GF Score
Price $20.11
GF Value $23.96
Valuation Modestly Undervalued
! 3 Warning Signs
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What is National Vision Holdings Days Payable?

National Vision Holdings EYE +4.25% 74 Days Payable is 34.60 as of Mar. 2026, which is 37% above its 10-year median of 25.29. GuruFocus rates EYE with a GF Score™ of 74/100 and a GF Value™ of $23.96 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,099 Retail - Cyclical companies, National Vision Holdings ranks worse than 74.98% on this metric.

National Vision Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $83 Mil. National Vision Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $219 Mil. Hence, National Vision Holdings's Days Payable for the three months ended in Mar. 2026 was 34.60.

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

EYE' s Days Payable Range Over the Past 10 Years
Min: 19.1   Med: 25.29   Max: 35.43
Current: 29.97

During the past 11 years, National Vision Holdings's highest Days Payable was 35.43. The lowest was 19.10. And the median was 25.29.

EYE's Days Payable is ranked worse than
74.98% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 51.88 vs EYE: 29.97

National Vision Holdings's Days Payable increased from Mar. 2025 (20.08) to Mar. 2026 (34.60). It may suggest that National Vision Holdings delayed paying its suppliers.


National Vision Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for National Vision Holdings'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.

National Vision Holdings Days Payable Chart

National Vision Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.06 35.43 33.00 28.95 29.54

National Vision Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.08 23.17 31.29 33.19 34.60

EYE vs WINA, SVV, SBH: Days Payable Comparison

For the Specialty Retail subindustry, National Vision Holdings'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.


National Vision Holdings Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, National Vision Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where National Vision Holdings's Days Payable falls into.


EYE
74GF Score
National Vision Holdings Inc EYE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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National Vision Holdings 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.

National Vision Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (53.643 + 78.999) / 2 ) / 819.469*365
=66.321 / 819.469*365
=29.54

National Vision Holdings'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (78.999 + 87.182) / 2 ) / 219.136*365 / 4
=83.0905 / 219.136*365 / 4
=34.60

* 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 34.60 mean?
National Vision Holdings (EYE) has a Days Payable of 34.60 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 National Vision Holdings and its competitors. This is 37% above median its historical median of 25.29. Over the past decade, National Vision Holdings' Days Payable has ranged from 19.10 to 35.43. According to the industry distribution chart, National Vision Holdings ranks #824 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 75%.
Is National Vision Holdings' Days Payable too high?
National Vision Holdings' current Days Payable of 34.60 is 37% above median its 10-year median of 25.29. Over the past 10 years, this metric has ranged from a low of 19.10 to a high of 35.43. The Retail - Cyclical industry median Days Payable is 51.88. National Vision Holdings' value of 34.60 is 33.3% below this industry median. Based on the distribution chart, National Vision Holdings ranks #824 out of 1099 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, National Vision Holdings has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Vision Holdings' Days Payable compare to WINA and SVV?
According to the Retail - Cyclical industry distribution chart, National Vision Holdings ranks #824 out of 1099 companies for Days Payable. This places National Vision Holdings in the lower half of its industry. The industry median Days Payable is 51.88. National Vision Holdings' value of 34.60 is 33.3% below this benchmark. Historically, National Vision Holdings' own Days Payable has ranged from 19.10 to 35.43 over the past decade. While the company's 10-year median is 25.29 vs. the industry median of 51.88, National Vision Holdings 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.88, based on 1,099 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. National Vision Holdings's current Days Payable of 34.60 is 33.3% 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 National Vision Holdings and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Vision Holdings's current Days Payable is 34.60, which is 37% above median its own 10-year median of 25.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Vision Holdings stock overvalued right now?
Based on GuruFocus' analysis, National Vision Holdings (EYE) is currently considered Modestly Undervalued. The stock's GF Value™ is $23.96, compared to a current price of $20.11 — trading 16.1% below its estimated fair value. The current Days Payable is 34.60, which is 37% above median its 10-year median of 25.29 and 33.3% below the Retail - Cyclical industry median of 51.88. National Vision Holdings' overall GF Score™ is 74/100 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 National Vision Holdings (EYE), the current Days Payable is 34.60 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 National Vision Holdings (EYE) Overvalued in 2026?

Based on GuruFocus' analysis, National Vision Holdings stock appears to be undervalued. The current stock price of $20.11 is trading 16.1% below its estimated GF Value™ of $23.96. GuruFocus considers National Vision Holdings to be Modestly Undervalued.

Key valuation signals for EYE:

  • Days Payable: 34.60 (37% above median its 10-year median of 25.29)
  • GF Value™: $23.96 vs. price of $20.11 (16.1% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 33.3% below the Retail - Cyclical median (#824 of 1099)

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


National Vision Holdings Business Description

Other Exchanges 7NV:Germany
Address 2435 Commerce Avenue, Building 2200, Duluth, GA, USA, 30096
National Vision Holdings Inc. is an optical retailer in the United States. Its product portfolio includes eyeglasses, sunglasses, contact lenses, accessories, and other related products. The company operates through a single operating segment. The Owned and Host segment includes the company-owned brands America's Best and Eyeglass World. In America's Best stores, vision care services are provided by optometrists or by independent professional corporations. The Host segment consists of Military and Fred Meyer locations, where eye exams are provided by independent optometrists.
74GF Score

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

$20.11
Price
$23.96
GF Value