Tenet Healthcare (FRA:THC1) Days Payable: 125.44 (As of Jun. 2026) — 14% Below Median

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FRA:THC1 Tenet Healthcare Corp FRA:THC1
78 GF Score
Price €220.00
GF Value €158.32
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tenet Healthcare Days Payable?

Tenet Healthcare FRA:THC1 -1.79% 78 Days Payable is 125.44 as of Jun. 2026, which is 14% below its 10-year median of 146.13. GuruFocus rates FRA:THC1 with a GF Score™ of 78/100 and a GF Value™ of €158.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 606 Healthcare Providers & Services companies, Tenet Healthcare ranks better than 76.24% on this metric.

Tenet Healthcare's average Accounts Payable for the three months ended in Jun. 2026 was €1,174 Mil. Tenet Healthcare's Cost of Goods Sold for the three months ended in Jun. 2026 was €854 Mil. Hence, Tenet Healthcare's Days Payable for the three months ended in Jun. 2026 was 125.44.

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

FRA:THC1' s Days Payable Range Over the Past 10 Years
Min: 127.48   Med: 146.13   Max: 158.26
Current: 127.48

During the past 13 years, Tenet Healthcare's highest Days Payable was 158.26. The lowest was 127.48. And the median was 146.13.

FRA:THC1's Days Payable is ranked better than
76.24% of 606 companies
in the Healthcare Providers & Services industry
Industry Median: 57.015 vs FRA:THC1: 127.48

Tenet Healthcare's Days Payable declined from Jun. 2025 (135.88) to Jun. 2026 (125.44). It may suggest that Tenet Healthcare accelerated paying its suppliers.


Tenet Healthcare Days Payable Historical Data

* Premium members only.

The historical data trend for Tenet Healthcare'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.

Tenet Healthcare Days Payable Chart

Tenet Healthcare 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 132.77 151.82 150.28 132.41 135.52

Tenet Healthcare Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 135.88 134.27 122.55 127.32 125.44

FRA:THC1 vs DVA, EHC, ENSG: Days Payable Comparison

For the Medical Care Facilities subindustry, Tenet Healthcare'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.


Tenet Healthcare Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Tenet Healthcare's Days Payable distribution charts can be found below:

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


FRA:THC1
78GF Score
Tenet Healthcare Corp FRA:THC1
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenet Healthcare 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.

Tenet Healthcare'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
=( (1235.77 + 1161.44) / 2 ) / 3228.12*365
=1198.605 / 3228.12*365
=135.52

Tenet Healthcare's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1158.235 + 1190.028) / 2 ) / 854.112*365 / 4
=1174.1315 / 854.112*365 / 4
=125.44

* 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 125.44 mean?
Tenet Healthcare (FRA:THC1) has a Days Payable of 125.44 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tenet Healthcare and its competitors. This is 14% below median its historical median of 146.13. Over the past decade, Tenet Healthcare's Days Payable has ranged from 127.48 to 158.26. According to the industry distribution chart, Tenet Healthcare ranks #144 out of 606 companies in the Healthcare Providers & Services industry, placing it in the top 23.8%.
Is Tenet Healthcare's Days Payable too high?
Tenet Healthcare's current Days Payable of 125.44 is 14% below median its 10-year median of 146.13. Over the past 10 years, this metric has ranged from a low of 127.48 to a high of 158.26. The Healthcare Providers & Services industry median Days Payable is 57.02. Tenet Healthcare's value of 125.44 is 120% above this industry median. Based on the distribution chart, Tenet Healthcare ranks #144 out of 606 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Tenet Healthcare has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenet Healthcare's Days Payable compare to DVA and EHC?
According to the Healthcare Providers & Services industry distribution chart, Tenet Healthcare ranks #144 out of 606 companies for Days Payable. This places Tenet Healthcare in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.02. Tenet Healthcare's value of 125.44 is 120% above this benchmark. Historically, Tenet Healthcare's own Days Payable has ranged from 127.48 to 158.26 over the past decade. While the company's 10-year median is 146.13 vs. the industry median of 57.02, Tenet Healthcare 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 57.02, based on 606 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. Tenet Healthcare's current Days Payable of 125.44 is 120% 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 Tenet Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenet Healthcare's current Days Payable is 125.44, which is 14% below median its own 10-year median of 146.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenet Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Tenet Healthcare (FRA:THC1) is currently considered Significantly Overvalued. The stock's GF Value™ is €158.32, compared to a current price of €220.00 — trading 39% above its estimated fair value. The current Days Payable is 125.44, which is 14% below median its 10-year median of 146.13 and 120% above the Healthcare Providers & Services industry median of 57.02. Tenet Healthcare's overall GF Score™ is 78/100 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 Tenet Healthcare (FRA:THC1), the current Days Payable is 125.44 as of Jun. 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 Tenet Healthcare (FRA:THC1) Overvalued in 2026?

Based on GuruFocus' analysis, Tenet Healthcare stock appears to be overvalued. The current stock price of €220.00 is trading 39% above its estimated GF Value™ of €158.32. GuruFocus considers Tenet Healthcare to be Significantly Overvalued.

Key valuation signals for FRA:THC1:

  • Days Payable: 125.44 (14% below median its 10-year median of 146.13)
  • GF Value™: €158.32 vs. price of €220.00 (39% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 120% above the Healthcare Providers & Services median (#144 of 606)

No single metric tells the full story. See the FRA:THC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenet Healthcare Business Description

Other Exchanges THC:USA1THC:Italy
Address 14201 Dallas Parkway, Dallas, TX, USA, 75254
Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
78GF Score

Get the complete analysis for FRA:THC1

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

€220.00
Price
€158.32
GF Value