AARFRA:ARZ +0.33%83 Days Payable is 44.51 as of Feb. 2026, which is 11% above its 10-year median of 40.25. GuruFocus rates FRA:ARZ with a GF Score™ of 83/100 and a GF Value™ of €74.71 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 338 Aerospace & Defense companies, AAR ranks worse than 68.34% on this metric.
AAR's average Accounts Payable for the
three
months ended in Feb. 2026 was €285 Mil. AAR's Cost of Goods Sold for the
three
months ended in Feb. 2026 was €584 Mil.
Hence, AAR's Days Payable for the
three
months ended in Feb. 2026 was 44.51.
The historical rank and industry rank for AAR's Days Payable or its related term are showing as below:
FRA:ARZ'
s Days Payable Range Over the Past 10 Years
Min: 34.35 Med: 40.25 Max: 45.44
Current: 44.89
During the past 13 years, AAR's highest Days Payable was 45.44. The lowest was 34.35. And the median was 40.25.
FRA:ARZ's Days Payable is ranked worse than 68.34% of 338
companies
in the Aerospace & Defense industry
Industry Median: 64.875
vs FRA:ARZ: 44.89
AAR's Days Payable
declined
from Feb. 2025 (47.19) to Feb. 2026 (44.51).
It may suggest that AARaccelerated paying its suppliers.
AAR Days Payable Related Terms
AAR Days Payable Historical Data
* Premium members only.
The historical data trend for AAR'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.
FRA:ARZ vs KRMN, VSEC, MRCY: Days Payable Comparison
For the Aerospace & Defense subindustry, AAR'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.
AAR Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, AAR's Days Payable distribution charts can be found below:
* The bar in red indicates where AAR's Days Payable falls into.
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.
AAR's Days Payable for the fiscal year that ended in May. 2025 is calculated as
* 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.
AAR (FRA:ARZ) has a Days Payable of 44.51 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on AAR and its competitors. This is 11% above median its historical median of 40.25. Over the past decade, AAR's Days Payable has ranged from 34.35 to 45.44. According to the industry distribution chart, AAR ranks #231 out of 338 companies in the Aerospace & Defense industry, placing it in the top 68.3%.
Is AAR's Days Payable too high?
AAR's current Days Payable of 44.51 is 11% above median its 10-year median of 40.25. Over the past 10 years, this metric has ranged from a low of 34.35 to a high of 45.44. The Aerospace & Defense industry median Days Payable is 64.88. AAR's value of 44.51 is 31.4% below this industry median. Based on the distribution chart, AAR ranks #231 out of 338 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, AAR has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AAR's Days Payable compare to KRMN and VSEC?
According to the Aerospace & Defense industry distribution chart, AAR ranks #231 out of 338 companies for Days Payable. This places AAR in the lower half of its industry. The industry median Days Payable is 64.88. AAR's value of 44.51 is 31.4% below this benchmark. Historically, AAR's own Days Payable has ranged from 34.35 to 45.44 over the past decade. While the company's 10-year median is 40.25 vs. the industry median of 64.88, AAR 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.88, based on 338 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. AAR's current Days Payable of 44.51 is 31.4% 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 AAR and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AAR's current Days Payable is 44.51, which is 11% above median its own 10-year median of 40.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AAR stock overvalued right now?
Based on GuruFocus' analysis, AAR (FRA:ARZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €74.71, compared to a current price of €123.20 — trading 64.9% above its estimated fair value. The current Days Payable is 44.51, which is 11% above median its 10-year median of 40.25 and 31.4% below the Aerospace & Defense industry median of 64.88. AAR's overall GF Score™ is 83/100 with 7 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 AAR (FRA:ARZ), the current Days Payable is 44.51 as of Feb. 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 AAR (FRA:ARZ) Overvalued in 2026?
Based on GuruFocus' analysis, AAR stock appears to be overvalued.
The current stock price of €123.20 is trading 64.9% above its estimated GF Value™ of €74.71.
GuruFocus considers AAR to be Significantly Overvalued.
Key valuation signals for FRA:ARZ:
Days Payable: 44.51 (11% above median its 10-year median of 40.25)
GF Value™: €74.71 vs. price of €123.20 (64.9% above fair value)
Industry Position: 31.4% below the Aerospace & Defense median (#231 of 338)
No single metric tells the full story. See the FRA:ARZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AAR Corp is engaged in providing products and services to aviation, government and defense market. It operates in segments namely: The parts supply segment majorly consists of sales and leasing of USM and aftermarket distribution of new, OEM-supplied replacement parts; Repair & Engineering segment provides airframe maintenance, component repair, and landing gear overhaul services; Integrated Solutions segment consists of its fleet management and operations of customer-owned aircraft, customized performance-based supply chain logistics programs in support of the U.S. Department of Defense, flight hour component inventory; and The Expeditionary Services segment consists of products and services supporting the movement of equipment and personnel by the U.S. and foreign governments and NGOs.
83GF Score
Get the complete analysis for FRA:ARZ
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ARZ has been successfully added to your 
