Superior Plus (FRA:8SP) Days Payable: 52.38 (As of Mar. 2026) — 24% Below Median


FRA:8SP Superior Plus Corp FRA:8SP
78 GF Score
Price €4.70
GF Value €4.87
! 11 Warning Signs
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What is Superior Plus Days Payable?

Superior Plus FRA:8SP -0.84% 78 Days Payable is 52.38 as of Mar. 2026, which is 24% below its 10-year median of 68.59. GuruFocus rates FRA:8SP with a GF Score™ of 78/100 and a GF Value™ of €4.87. The stock has 11 warning signs investors should review. Among 483 Utilities - Regulated companies, Superior Plus ranks better than 51.35% on this metric.

Superior Plus's average Accounts Payable for the three months ended in Mar. 2026 was €201 Mil. Superior Plus's Cost of Goods Sold for the three months ended in Mar. 2026 was €350 Mil. Hence, Superior Plus's Days Payable for the three months ended in Mar. 2026 was 52.38.

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

FRA:8SP' s Days Payable Range Over the Past 10 Years
Min: 46.01   Med: 68.59   Max: 121.29
Current: 72.48

During the past 13 years, Superior Plus's highest Days Payable was 121.29. The lowest was 46.01. And the median was 68.59.

FRA:8SP's Days Payable is ranked better than
51.35% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs FRA:8SP: 72.48

Superior Plus's Days Payable increased from Mar. 2025 (43.93) to Mar. 2026 (52.38). It may suggest that Superior Plus delayed paying its suppliers.


Superior Plus Days Payable Historical Data

* Premium members only.

The historical data trend for Superior Plus'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.

Superior Plus Days Payable Chart

Superior Plus 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 69.31 60.33 94.29 102.70 91.86

Superior Plus 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 43.93 92.75 120.20 65.96 52.38

FRA:8SP vs ATO, NI, UGI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Superior Plus'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.


Superior Plus Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Superior Plus's Days Payable distribution charts can be found below:

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


FRA:8SP
78GF Score
Superior Plus Corp FRA:8SP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Superior Plus 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.

Superior Plus'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
=( (277.046 + 222.894) / 2 ) / 993.202*365
=249.97 / 993.202*365
=91.86

Superior Plus'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
=( (222.894 + 179.314) / 2 ) / 350.325*365 / 4
=201.104 / 350.325*365 / 4
=52.38

* 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 52.38 mean?
Superior Plus (FRA:8SP) has a Days Payable of 52.38 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 Superior Plus and its competitors. This is 24% below median its historical median of 68.59. Over the past decade, Superior Plus' Days Payable has ranged from 46.01 to 121.29. According to the industry distribution chart, Superior Plus ranks #235 out of 483 companies in the Utilities - Regulated industry, placing it in the top 48.7%.
Is Superior Plus' Days Payable too high?
Superior Plus' current Days Payable of 52.38 is 24% below median its 10-year median of 68.59. Over the past 10 years, this metric has ranged from a low of 46.01 to a high of 121.29. The Utilities - Regulated industry median Days Payable is 70.35. Superior Plus' value of 52.38 is 25.5% below this industry median. Based on the distribution chart, Superior Plus ranks #235 out of 483 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Superior Plus has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Superior Plus' Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Superior Plus ranks #235 out of 483 companies for Days Payable. This puts Superior Plus in the upper half of its industry. The industry median Days Payable is 70.35. Superior Plus' value of 52.38 is 25.5% below this benchmark. Historically, Superior Plus' own Days Payable has ranged from 46.01 to 121.29 over the past decade. While the company's 10-year median is 68.59 vs. the industry median of 70.35, Superior Plus 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. Superior Plus's current Days Payable of 52.38 is 25.5% 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 Superior Plus and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Superior Plus's current Days Payable is 52.38, which is 24% below median its own 10-year median of 68.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Superior Plus stock overvalued right now?
Superior Plus (FRA:8SP) has a current Days Payable of 52.38. The stock's GF Value™ is €4.87, compared to a current price of €4.70 — trading 3.5% below its estimated fair value. The current Days Payable is 52.38, which is 24% below median its 10-year median of 68.59 and 25.5% below the Utilities - Regulated industry median of 70.35. Superior Plus' overall GF Score™ is 78/100 with 11 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 Superior Plus (FRA:8SP), the current Days Payable is 52.38 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 Superior Plus (FRA:8SP) Overvalued in 2026?

Based on GuruFocus' analysis, Superior Plus stock appears to be undervalued. The current stock price of €4.70 is trading 3.5% below its estimated GF Value™ of €4.87.

Key valuation signals for FRA:8SP:

  • Days Payable: 52.38 (24% below median its 10-year median of 68.59)
  • GF Value™: €4.87 vs. price of €4.70 (3.5% below fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 25.5% below the Utilities - Regulated median (#235 of 483)

No single metric tells the full story. See the FRA:8SP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Superior Plus Business Description

Address 155 Wellington Street West, Suite 3610, Toronto, ON, CAN, M5V 3H1
Superior Plus Corp is a Canadian-based company that distributes energy and specialty chemicals. The company is organized into three business segments: U.S. Propane Distribution, Canadian Propane Distribution and Compressed natural gas distribution (CNG)out of which the majority is from the U.S. Propane segment. The products & services offered by the company include wholesale procurement, distribution, related services for propane and other refined fuels, and supply of chemicals required by industries. The U.S. Propane segment distributes propane gas & liquid fuels along the Eastern U.S. & into the Midwest and California.
78GF Score

Get the complete analysis for FRA:8SP

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

€4.70
Price
€4.87
GF Value