VSEFRA:VS3 +1.03%80 Days Payable is 47.99 as of Mar. 2026, which is 2% below its 10-year median of 49.21. GuruFocus rates FRA:VS3 with a GF Score™ of 80/100 and a GF Value™ of €129.51 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 338 Aerospace & Defense companies, VSE ranks worse than 63.02% on this metric.
VSE's average Accounts Payable for the
three
months ended in Mar. 2026 was €130 Mil. VSE's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €247 Mil.
Hence, VSE's Days Payable for the
three
months ended in Mar. 2026 was 47.99.
The historical rank and industry rank for VSE's Days Payable or its related term are showing as below:
FRA:VS3'
s Days Payable Range Over the Past 10 Years
Min: 33.28 Med: 49.21 Max: 113.06
Current: 49.02
During the past 13 years, VSE's highest Days Payable was 113.06. The lowest was 33.28. And the median was 49.21.
FRA:VS3's Days Payable is ranked worse than 63.02% of 338
companies
in the Aerospace & Defense industry
Industry Median: 64.875
vs FRA:VS3: 49.02
VSE's Days Payable
declined
from Mar. 2025 (57.92) to Mar. 2026 (47.99).
It may suggest that VSEaccelerated paying its suppliers.
VSE Days Payable Related Terms
VSE Days Payable Historical Data
* Premium members only.
The historical data trend for VSE'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:VS3 vs KRMN, MRCY, DPC: Days Payable Comparison
For the Aerospace & Defense subindustry, VSE'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.
VSE Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, VSE's Days Payable distribution charts can be found below:
* The bar in red indicates where VSE'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.
VSE'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.
VSE (FRA:VS3) has a Days Payable of 47.99 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 VSE and its competitors. This is near median its historical median of 49.21. Over the past decade, VSE's Days Payable has ranged from 33.28 to 113.06. According to the industry distribution chart, VSE ranks #213 out of 338 companies in the Aerospace & Defense industry, placing it in the top 63%.
Is VSE's Days Payable too high?
VSE's current Days Payable of 47.99 is near median its 10-year median of 49.21. Over the past 10 years, this metric has ranged from a low of 33.28 to a high of 113.06. The Aerospace & Defense industry median Days Payable is 64.88. VSE's value of 47.99 is 26% below this industry median. Based on the distribution chart, VSE ranks #213 out of 338 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, VSE has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VSE's Days Payable compare to KRMN and MRCY?
According to the Aerospace & Defense industry distribution chart, VSE ranks #213 out of 338 companies for Days Payable. This places VSE in the lower half of its industry. The industry median Days Payable is 64.88. VSE's value of 47.99 is 26% below this benchmark. Historically, VSE's own Days Payable has ranged from 33.28 to 113.06 over the past decade. While the company's 10-year median is 49.21 vs. the industry median of 64.88, VSE 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. VSE's current Days Payable of 47.99 is 26% 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 VSE 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. VSE's current Days Payable is 47.99, which is near median its own 10-year median of 49.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSE stock overvalued right now?
Based on GuruFocus' analysis, VSE (FRA:VS3) is currently considered Significantly Overvalued. The stock's GF Value™ is €129.51, compared to a current price of €196.00 — trading 51.3% above its estimated fair value. The current Days Payable is 47.99, which is near median its 10-year median of 49.21 and 26% below the Aerospace & Defense industry median of 64.88. VSE's overall GF Score™ is 80/100 with 6 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 VSE (FRA:VS3), the current Days Payable is 47.99 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 VSE (FRA:VS3) Overvalued in 2026?
Based on GuruFocus' analysis, VSE stock appears to be overvalued.
The current stock price of €196.00 is trading 51.3% above its estimated GF Value™ of €129.51.
GuruFocus considers VSE to be Significantly Overvalued.
Key valuation signals for FRA:VS3:
Days Payable: 47.99 (near median its 10-year median of 49.21)
GF Value™: €129.51 vs. price of €196.00 (51.3% above fair value)
Industry Position: 26% below the Aerospace & Defense median (#213 of 338)
No single metric tells the full story. See the FRA:VS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VSE Corp is a diversified aftermarket products and services company serving commercial and government markets. The Company's operations include aircraft and airframe parts supply and distribution, and MRO services of aircraft components and engine accessories. The Company operates as a single reportable segment: Aviation, which is a provider of aftermarket parts distribution and MRO services for components and engine accessories supporting commercial, business, and general aviation operators.
80GF Score
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