Wolverine World Wide (FRA:WW4) Days Payable: 59.24 (As of Mar. 2026) — Near Median

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FRA:WW4 Wolverine World Wide Inc FRA:WW4
70 GF Score
Price €15.80
GF Value €12.87
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Wolverine World Wide Days Payable?

Wolverine World Wide FRA:WW4 -5.39% 70 Days Payable is 59.24 as of Mar. 2026, which is 7% above its 10-year median of 55.28. GuruFocus rates FRA:WW4 with a GF Score™ of 70/100 and a GF Value™ of €12.87 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Wolverine World Wide ranks better than 57.37% on this metric.

Wolverine World Wide's average Accounts Payable for the three months ended in Mar. 2026 was €135 Mil. Wolverine World Wide's Cost of Goods Sold for the three months ended in Mar. 2026 was €207 Mil. Hence, Wolverine World Wide's Days Payable for the three months ended in Mar. 2026 was 59.24.

The historical rank and industry rank for Wolverine World Wide's Days Payable or its related term are showing as below:

FRA:WW4' s Days Payable Range Over the Past 10 Years
Min: 39.8   Med: 55.28   Max: 76.01
Current: 62.5

During the past 13 years, Wolverine World Wide's highest Days Payable was 76.01. The lowest was 39.80. And the median was 55.28.

FRA:WW4's Days Payable is ranked better than
57.37% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265 vs FRA:WW4: 62.50

Wolverine World Wide's Days Payable declined from Mar. 2025 (80.62) to Mar. 2026 (59.24). It may suggest that Wolverine World Wide accelerated paying its suppliers.


Wolverine World Wide Days Payable Historical Data

* Premium members only.

The historical data trend for Wolverine World Wide'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.

Wolverine World Wide Days Payable Chart

Wolverine World Wide 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 51.91 54.31 64.82 74.48 73.80

Wolverine World Wide Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 80.62 75.66 70.46 53.82 59.24

FRA:WW4 vs WEYS, DBI, RCKY: Days Payable Comparison

For the Footwear & Accessories subindustry, Wolverine World Wide'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.


Wolverine World Wide Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's Days Payable distribution charts can be found below:

* The bar in red indicates where Wolverine World Wide's Days Payable falls into.


FRA:WW4
70GF Score
Wolverine World Wide Inc FRA:WW4
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wolverine World Wide 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.

Wolverine World Wide'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
=( (191.86 + 149.194) / 2 ) / 843.41*365
=170.527 / 843.41*365
=73.80

Wolverine World Wide's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (149.194 + 120.148) / 2 ) / 207.427*365 / 4
=134.671 / 207.427*365 / 4
=59.24

* 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 59.24 mean?
Wolverine World Wide (FRA:WW4) has a Days Payable of 59.24 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 Wolverine World Wide and its competitors. This is near median its historical median of 55.28. Over the past decade, Wolverine World Wide's Days Payable has ranged from 39.80 to 76.01. According to the industry distribution chart, Wolverine World Wide ranks #434 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42.6%.
Is Wolverine World Wide's Days Payable too high?
Wolverine World Wide's current Days Payable of 59.24 is near median its 10-year median of 55.28. Over the past 10 years, this metric has ranged from a low of 39.80 to a high of 76.01. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Wolverine World Wide's value of 59.24 is 9.2% above this industry median. Based on the distribution chart, Wolverine World Wide ranks #434 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Wolverine World Wide has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wolverine World Wide's Days Payable compare to WEYS and DBI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Wolverine World Wide ranks #434 out of 1018 companies for Days Payable. This puts Wolverine World Wide in the upper half of its industry. The industry median Days Payable is 54.27. Wolverine World Wide's value of 59.24 is 9.2% above this benchmark. Historically, Wolverine World Wide's own Days Payable has ranged from 39.80 to 76.01 over the past decade. While the company's 10-year median is 55.28 vs. the industry median of 54.27, Wolverine World Wide 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.27, based on 1,018 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. Wolverine World Wide's current Days Payable of 59.24 is 9.2% 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 Wolverine World Wide and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wolverine World Wide's current Days Payable is 59.24, which is near median its own 10-year median of 55.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wolverine World Wide stock overvalued right now?
Based on GuruFocus' analysis, Wolverine World Wide (FRA:WW4) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.87, compared to a current price of €15.80 — trading 22.8% above its estimated fair value. The current Days Payable is 59.24, which is near median its 10-year median of 55.28 and 9.2% above the Manufacturing - Apparel & Accessories industry median of 54.27. Wolverine World Wide's overall GF Score™ is 70/100 with 3 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 Wolverine World Wide (FRA:WW4), the current Days Payable is 59.24 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 Wolverine World Wide (FRA:WW4) Overvalued in 2026?

Based on GuruFocus' analysis, Wolverine World Wide stock appears to be overvalued. The current stock price of €15.80 is trading 22.8% above its estimated GF Value™ of €12.87. GuruFocus considers Wolverine World Wide to be Modestly Overvalued.

Key valuation signals for FRA:WW4:

  • Days Payable: 59.24 (near median its 10-year median of 55.28)
  • GF Value™: €12.87 vs. price of €15.80 (22.8% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 9.2% above the Manufacturing - Apparel & Accessories median (#434 of 1018)

No single metric tells the full story. See the FRA:WW4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wolverine World Wide Business Description

Other Exchanges WWW:USA
Address 9341 Courtland Drive North East, Rockford, MI, USA, 49351
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; and Work Group. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear. Geographically, the company operates in United States; Europe, Middle East and Africa; Asia Pacific; Canada; and Latin America.
70GF Score

Get the complete analysis for FRA:WW4

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

€15.80
Price
€12.87
GF Value