Pershing Square (FRA:B57) Days Payable: 550.53 (As of Dec. 2025) — 47% Below Median


FRA:B57 Pershing Square Inc FRA:B57
10 GF Score
Price €27.70
! 1 Warning Sign
View Full Analysis

What is Pershing Square Days Payable?

Pershing Square FRA:B57 +2.59% 10 Days Payable is 550.53 as of Dec. 2025, which is 47% below its 10-year median of 1,040.36. GuruFocus rates FRA:B57 with a GF Score™ of 10/100. The stock has 1 warning sign investors should review. Among 483 Asset Management companies, Pershing Square ranks better than 83.23% on this metric.

Pershing Square's average Accounts Payable for the six months ended in Dec. 2025 was €52.6 Mil. Pershing Square's Cost of Goods Sold for the six months ended in Dec. 2025 was €34.8 Mil. Hence, Pershing Square's Days Payable for the six months ended in Dec. 2025 was 275.27.

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

FRA:B57' s Days Payable Range Over the Past 10 Years
Min: 520.76   Med: 1040.36   Max: 1559.95
Current: 520.76

During the past 2 years, Pershing Square's highest Days Payable was 1559.95. The lowest was 520.76. And the median was 1040.36.

FRA:B57's Days Payable is ranked better than
83.23% of 483 companies
in the Asset Management industry
Industry Median: 72.22 vs FRA:B57: 520.76

Pershing Square's Days Payable increased from . 20 (0.00) to Dec. 2025 (550.53). It may suggest that Pershing Square delayed paying its suppliers.


Pershing Square Days Payable Historical Data

* Premium members only.

The historical data trend for Pershing Square'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.

Pershing Square Days Payable Chart

Pershing Square Annual Data
Trend Dec24 Dec25
Days Payable
1,559.89 550.53

Pershing Square Semi-Annual Data
Dec24 Dec25
Days Payable 1,559.89 550.53

FRA:B57 vs BEN, CG, PSLV: Days Payable Comparison

For the Asset Management subindustry, Pershing Square'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.


Pershing Square Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Pershing Square's Days Payable distribution charts can be found below:

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


FRA:B57
10GF Score
Pershing Square Inc FRA:B57
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pershing Square 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.

Pershing Square'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
=( (53.733 + 51.387) / 2 ) / 34.847*365
=52.56 / 34.847*365
=550.53

Pershing Square's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (53.733 + 51.387) / 2 ) / 34.847*365 / 2
=52.56 / 34.847*365 / 2
=275.27

* 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 550.53 mean?
Pershing Square (FRA:B57) has a Days Payable of 550.53 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pershing Square and its competitors. This is 47% below median its historical median of 1,040.36. Over the past decade, Pershing Square's Days Payable has ranged from 520.76 to 1,559.95. According to the industry distribution chart, Pershing Square ranks #81 out of 483 companies in the Asset Management industry, placing it in the top 16.8%.
Is Pershing Square's Days Payable too high?
Pershing Square's current Days Payable of 550.53 is 47% below median its 10-year median of 1,040.36. Over the past 10 years, this metric has ranged from a low of 520.76 to a high of 1,559.95. The Asset Management industry median Days Payable is 72.22. Pershing Square's value of 550.53 is 662.3% above this industry median. Based on the distribution chart, Pershing Square ranks #81 out of 483 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Pershing Square has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Pershing Square's Days Payable compare to BEN and CG?
According to the Asset Management industry distribution chart, Pershing Square ranks #81 out of 483 companies for Days Payable. This places Pershing Square in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 72.22. Pershing Square's value of 550.53 is 662.3% above this benchmark. Historically, Pershing Square's own Days Payable has ranged from 520.76 to 1,559.95 over the past decade. While the company's 10-year median is 1,040.36 vs. the industry median of 72.22, Pershing Square 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 Asset Management company?
The median Days Payable among Asset Management companies is 72.22, 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. Pershing Square's current Days Payable of 550.53 is 662.3% 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 Pershing Square and its competitors. For the Asset Management industry, the median Days Payable is 72.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pershing Square's current Days Payable is 550.53, which is 47% below median its own 10-year median of 1,040.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pershing Square stock overvalued right now?
Pershing Square (FRA:B57) has a current Days Payable of 550.53. The current Days Payable is 550.53, which is 47% below median its 10-year median of 1,040.36 and 662.3% above the Asset Management industry median of 72.22. Pershing Square's overall GF Score™ is 10/100 with 1 warning sign 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 Pershing Square (FRA:B57), the current Days Payable is 550.53 as of Dec. 2025. 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.

Pershing Square Business Description

Other Exchanges PS:USA
Address 787 Eleventh Avenue, 9th Floor, New York, NY, USA, 10019
Pershing Square Inc is a main alternative asset manager. It employs a disciplined, research-intensive approach to fundamental value investing to preserve and grow its permanent capital at high rates of return using a set of core investment principles and opportunistic asymmetric hedges. The group generates all of its revenue from management fees and performance fees. It conductbusiness and generates all of its revenues in the United States.
10GF Score

Get the complete analysis for FRA:B57

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

€27.70
Price