AAON (FRA:AAO) Days Payable: 33.02 (As of Mar. 2026) — 130% Above Median


FRA:AAO AAON Inc FRA:AAO
97 GF Score
Price €94.46
GF Value €99.95
Valuation Fairly Valued
! 6 Warning Signs
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What is AAON Days Payable?

AAON FRA:AAO -6.57% 97 Days Payable is 33.02 as of Mar. 2026, which is 130% above its 10-year median of 14.35. GuruFocus rates FRA:AAO with a GF Score™ of 97/100 and a GF Value™ of €99.95 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,708 Construction companies, AAON ranks worse than 87.18% on this metric.

AAON's average Accounts Payable for the three months ended in Mar. 2026 was €116 Mil. AAON's Cost of Goods Sold for the three months ended in Mar. 2026 was €322 Mil. Hence, AAON's Days Payable for the three months ended in Mar. 2026 was 33.02.

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

FRA:AAO' s Days Payable Range Over the Past 10 Years
Min: 9.11   Med: 14.35   Max: 33
Current: 33

During the past 13 years, AAON's highest Days Payable was 33.00. The lowest was 9.11. And the median was 14.35.

FRA:AAO's Days Payable is ranked worse than
87.18% of 1708 companies
in the Construction industry
Industry Median: 76.635 vs FRA:AAO: 33.00

AAON's Days Payable increased from Mar. 2025 (23.86) to Mar. 2026 (33.02). It may suggest that AAON delayed paying its suppliers.


AAON Days Payable Historical Data

* Premium members only.

The historical data trend for AAON'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.

AAON Days Payable Chart

AAON 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 18.67 20.38 17.63 16.13 27.70

AAON 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 23.86 32.69 31.72 31.91 33.02

FRA:AAO vs OC, BLDR, SPXC: Days Payable Comparison

For the Building Products & Equipment subindustry, AAON'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.


AAON Days Payable vs Construction Industry

For the Construction industry and Industrials sector, AAON's Days Payable distribution charts can be found below:

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


FRA:AAO
97GF Score
AAON Inc FRA:AAO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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AAON 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.

AAON'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
=( (42.636 + 94.313) / 2 ) / 902.125*365
=68.4745 / 902.125*365
=27.70

AAON'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
=( (94.313 + 138.52) / 2 ) / 321.755*365 / 4
=116.4165 / 321.755*365 / 4
=33.02

* 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 33.02 mean?
AAON (FRA:AAO) has a Days Payable of 33.02 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 AAON and its competitors. This is 130% above median its historical median of 14.35. Over the past decade, AAON's Days Payable has ranged from 9.11 to 33.00. According to the industry distribution chart, AAON ranks #1489 out of 1708 companies in the Construction industry, placing it in the top 87.2%.
Is AAON's Days Payable too high?
AAON's current Days Payable of 33.02 is 130% above median its 10-year median of 14.35. Over the past 10 years, this metric has ranged from a low of 9.11 to a high of 33.00. The Construction industry median Days Payable is 76.64. AAON's value of 33.02 is 56.9% below this industry median. Based on the distribution chart, AAON ranks #1489 out of 1708 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, AAON has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AAON's Days Payable compare to OC and BLDR?
According to the Construction industry distribution chart, AAON ranks #1489 out of 1708 companies for Days Payable. This places AAON in the lower half of its industry. The industry median Days Payable is 76.64. AAON's value of 33.02 is 56.9% below this benchmark. Historically, AAON's own Days Payable has ranged from 9.11 to 33.00 over the past decade. While the company's 10-year median is 14.35 vs. the industry median of 76.64, AAON 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 Construction company?
The median Days Payable among Construction companies is 76.64, based on 1,708 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. AAON's current Days Payable of 33.02 is 56.9% 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 AAON and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AAON's current Days Payable is 33.02, which is 130% above median its own 10-year median of 14.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AAON stock overvalued right now?
Based on GuruFocus' analysis, AAON (FRA:AAO) is currently considered Fairly Valued. The stock's GF Value™ is €99.95, compared to a current price of €94.46 — trading 5.5% below its estimated fair value. The current Days Payable is 33.02, which is 130% above median its 10-year median of 14.35 and 56.9% below the Construction industry median of 76.64. AAON's overall GF Score™ is 97/100 with 6 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 AAON (FRA:AAO), the current Days Payable is 33.02 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 AAON (FRA:AAO) Overvalued in 2026?

Based on GuruFocus' analysis, AAON stock appears to be undervalued. The current stock price of €94.46 is trading 5.5% below its estimated GF Value™ of €99.95. GuruFocus considers AAON to be Fairly Valued.

Key valuation signals for FRA:AAO:

  • Days Payable: 33.02 (130% above median its 10-year median of 14.35)
  • GF Value™: €99.95 vs. price of €94.46 (5.5% below fair value)
  • GF Score™: 97/100 with 6 warning signs
  • Industry Position: 56.9% below the Construction median (#1489 of 1708)

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


AAON Business Description

Other Exchanges AAON:USA
Address 2425 South Yukon Avenue, Tulsa, OK, USA, 74107
AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It generates the majority of its revenue from the AAON Oklahoma segment which derives maximum revenue, engineers, manufactures, and sells, semi-custom, and custom HVAC systems, designs and manufactures control solutions, and sells retail parts to customers through retail part stores and online.
97GF Score

Get the complete analysis for FRA:AAO

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

€94.46
Price
€99.95
GF Value