The AES (FRA:AES) Days Payable: 95.74 (As of Mar. 2026) — 49% Above Median


FRA:AES The AES Corp FRA:AES
76 GF Score
Price €12.80
GF Value €13.04
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is The AES Days Payable?

The AES FRA:AES -0.62% 76 Days Payable is 95.74 as of Mar. 2026, which is 49% above its 10-year median of 64.44. GuruFocus rates FRA:AES with a GF Score™ of 76/100 and a GF Value™ of €13.04 (Fairly Valued). The stock has 9 warning signs investors should review. Among 481 Utilities - Regulated companies, The AES ranks better than 62.37% on this metric.

The AES's average Accounts Payable for the three months ended in Mar. 2026 was €2,305 Mil. The AES's Cost of Goods Sold for the three months ended in Mar. 2026 was €2,197 Mil. Hence, The AES's Days Payable for the three months ended in Mar. 2026 was 95.74.

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

FRA:AES' s Days Payable Range Over the Past 10 Years
Min: 49.99   Med: 64.44   Max: 105.21
Current: 93.83

During the past 13 years, The AES's highest Days Payable was 105.21. The lowest was 49.99. And the median was 64.44.

FRA:AES's Days Payable is ranked better than
62.37% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs FRA:AES: 93.83

The AES's Days Payable increased from Mar. 2025 (90.23) to Mar. 2026 (95.74). It may suggest that The AES delayed paying its suppliers.


The AES Days Payable Historical Data

* Premium members only.

The historical data trend for The AES'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.

The AES Days Payable Chart

The AES 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 48.21 62.95 101.19 102.89 99.63

The AES 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 90.23 89.18 93.66 102.06 95.74

FRA:AES vs AVA, UTL, SRE: Days Payable Comparison

For the Utilities - Diversified subindustry, The AES'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.


The AES Days Payable vs Utilities - Regulated Industry

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

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


FRA:AES
76GF Score
The AES Corp FRA:AES
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The AES 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.

The AES'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
=( (2455.305 + 2216.984) / 2 ) / 8558.788*365
=2336.1445 / 8558.788*365
=99.63

The AES'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
=( (2216.984 + 2393.455) / 2 ) / 2197.1*365 / 4
=2305.2195 / 2197.1*365 / 4
=95.74

* 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 95.74 mean?
The AES (FRA:AES) has a Days Payable of 95.74 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 The AES and its competitors. This is 49% above median its historical median of 64.44. Over the past decade, The AES's Days Payable has ranged from 49.99 to 105.21. According to the industry distribution chart, The AES ranks #181 out of 481 companies in the Utilities - Regulated industry, placing it in the top 37.6%.
Is The AES's Days Payable too high?
The AES's current Days Payable of 95.74 is 49% above median its 10-year median of 64.44. Over the past 10 years, this metric has ranged from a low of 49.99 to a high of 105.21. The Utilities - Regulated industry median Days Payable is 70.35. The AES's value of 95.74 is 36.1% above this industry median. Based on the distribution chart, The AES ranks #181 out of 481 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, The AES has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The AES's Days Payable compare to AVA and UTL?
According to the Utilities - Regulated industry distribution chart, The AES ranks #181 out of 481 companies for Days Payable. This puts The AES in the upper half of its industry. The industry median Days Payable is 70.35. The AES's value of 95.74 is 36.1% above this benchmark. Historically, The AES's own Days Payable has ranged from 49.99 to 105.21 over the past decade. While the company's 10-year median is 64.44 vs. the industry median of 70.35, The AES 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 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. The AES's current Days Payable of 95.74 is 36.1% 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 The AES 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. The AES's current Days Payable is 95.74, which is 49% above median its own 10-year median of 64.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The AES stock overvalued right now?
Based on GuruFocus' analysis, The AES (FRA:AES) is currently considered Fairly Valued. The stock's GF Value™ is €13.04, compared to a current price of €12.80 — trading 1.8% below its estimated fair value. The current Days Payable is 95.74, which is 49% above median its 10-year median of 64.44 and 36.1% above the Utilities - Regulated industry median of 70.35. The AES's overall GF Score™ is 76/100 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 The AES (FRA:AES), the current Days Payable is 95.74 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 The AES (FRA:AES) Overvalued in 2026?

Based on GuruFocus' analysis, The AES stock appears to be undervalued. The current stock price of €12.80 is trading 1.8% below its estimated GF Value™ of €13.04. GuruFocus considers The AES to be Fairly Valued.

Key valuation signals for FRA:AES:

  • Days Payable: 95.74 (49% above median its 10-year median of 64.44)
  • GF Value™: €13.04 vs. price of €12.80 (1.8% below fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 36.1% above the Utilities - Regulated median (#181 of 481)

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


The AES Business Description

Address 4300 Wilson Boulevard, Arlington, VA, USA, 22203
AES is a global power company that operates in 15 countries. Its generation portfolio totals over 32 gigawatts, including renewable energy, gas, coal, and oil. AES has majority ownership in and operates numerous electric utilities.
76GF Score

Get the complete analysis for FRA:AES

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

€12.80
Price
€13.04
GF Value