Hexagon ABFRA:HXG +1.82%86 Days Payable is 75.10 as of Mar. 2026, which is 32% above its 10-year median of 56.78. GuruFocus rates FRA:HXG with a GF Score™ of 86/100 and a GF Value™ of €7.18 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,440 Hardware companies, Hexagon AB ranks worse than 58.77% on this metric.
Hexagon AB's average Accounts Payable for the
three
months ended in Mar. 2026 was €295 Mil. Hexagon AB's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €358 Mil.
Hence, Hexagon AB's Days Payable for the
three
months ended in Mar. 2026 was 75.10.
The historical rank and industry rank for Hexagon AB's Days Payable or its related term are showing as below:
FRA:HXG'
s Days Payable Range Over the Past 10 Years
Min: 48.39 Med: 56.78 Max: 67.26
Current: 59.9
During the past 13 years, Hexagon AB's highest Days Payable was 67.26. The lowest was 48.39. And the median was 56.78.
FRA:HXG's Days Payable is ranked worse than 58.77% of 2440
companies
in the Hardware industry
Industry Median: 69.935
vs FRA:HXG: 59.90
Hexagon AB's Days Payable
declined
from Mar. 2025 (81.18) to Mar. 2026 (75.10).
It may suggest that Hexagon ABaccelerated paying its suppliers.
Hexagon AB Days Payable Related Terms
Hexagon AB Days Payable Historical Data
* Premium members only.
The historical data trend for Hexagon AB'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:HXG vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Hexagon AB'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.
Hexagon AB Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Hexagon AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Hexagon AB'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.
Hexagon AB's Days Payable for the fiscal year that ended in Dec. 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.
Hexagon AB (FRA:HXG) has a Days Payable of 75.10 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 Hexagon AB and its competitors. This is 32% above median its historical median of 56.78. Over the past decade, Hexagon AB's Days Payable has ranged from 48.39 to 67.26. According to the industry distribution chart, Hexagon AB ranks #1434 out of 2440 companies in the Hardware industry, placing it in the top 58.8%.
Is Hexagon AB's Days Payable too high?
Hexagon AB's current Days Payable of 75.10 is 32% above median its 10-year median of 56.78. Over the past 10 years, this metric has ranged from a low of 48.39 to a high of 67.26. The Hardware industry median Days Payable is 69.94. Hexagon AB's value of 75.10 is 7.4% above this industry median. Based on the distribution chart, Hexagon AB ranks #1434 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Hexagon AB has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hexagon AB's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hexagon AB ranks #1434 out of 2440 companies for Days Payable. This places Hexagon AB in the lower half of its industry. The industry median Days Payable is 69.94. Hexagon AB's value of 75.10 is 7.4% above this benchmark. Historically, Hexagon AB's own Days Payable has ranged from 48.39 to 67.26 over the past decade. While the company's 10-year median is 56.78 vs. the industry median of 69.94, Hexagon AB 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 a Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,440 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. Hexagon AB's current Days Payable of 75.10 is 7.4% 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 Hexagon AB and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon AB's current Days Payable is 75.10, which is 32% above median its own 10-year median of 56.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon AB stock overvalued right now?
Based on GuruFocus' analysis, Hexagon AB (FRA:HXG) is currently considered Fairly Valued. The stock's GF Value™ is €7.18, compared to a current price of €7.28 — trading 1.4% above its estimated fair value. The current Days Payable is 75.10, which is 32% above median its 10-year median of 56.78 and 7.4% above the Hardware industry median of 69.94. Hexagon AB's overall GF Score™ is 86/100 with 5 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 Hexagon AB (FRA:HXG), the current Days Payable is 75.10 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 Hexagon AB (FRA:HXG) Overvalued in 2026?
Based on GuruFocus' analysis, Hexagon AB stock appears to be overvalued.
The current stock price of €7.28 is trading 1.4% above its estimated GF Value™ of €7.18.
GuruFocus considers Hexagon AB to be Fairly Valued.
Key valuation signals for FRA:HXG:
Days Payable: 75.10 (32% above median its 10-year median of 56.78)
GF Value™: €7.18 vs. price of €7.28 (1.4% above fair value)
Industry Position: 7.4% above the Hardware median (#1434 of 2440)
No single metric tells the full story. See the FRA:HXG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hexagon is the global leader in digital reality solutions, combining hardware such as sensors and measuring devices, software, and services. Customers are mainly in heavy industry, such as oil and gas, mining, construction, manufacturing, chemicals, and agriculture. Major products include measuring technology, mapping tools, and software. Around 40% of revenue is generated in the Americas, 35% in Europe, the Middle East, and Africa, and the rest in Asia.
86GF Score
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