Optex Systems Holdings (FRA:X62) Days Payable: 16.76 (As of Mar. 2026) — Near Median

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FRA:X62 Optex Systems Holdings Inc FRA:X62
91 GF Score
Price €11.30
GF Value €10.32
Valuation Fairly Valued
! 1 Warning Sign
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What is Optex Systems Holdings Days Payable?

Optex Systems Holdings FRA:X62 91 Days Payable is 16.76 as of Mar. 2026, which is 1% above its 10-year median of 16.64. GuruFocus rates FRA:X62 with a GF Score™ of 91/100 and a GF Value™ of €10.32 (Fairly Valued). The stock has 1 warning sign investors should review. Among 341 Aerospace & Defense companies, Optex Systems Holdings ranks worse than 97.95% on this metric.

Optex Systems Holdings's average Accounts Payable for the three months ended in Mar. 2026 was €0.99 Mil. Optex Systems Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was €5.39 Mil. Hence, Optex Systems Holdings's Days Payable for the three months ended in Mar. 2026 was 16.76.

The historical rank and industry rank for Optex Systems Holdings's Days Payable or its related term are showing as below:

FRA:X62' s Days Payable Range Over the Past 10 Years
Min: 13.12   Med: 16.64   Max: 27.72
Current: 18.39

During the past 13 years, Optex Systems Holdings's highest Days Payable was 27.72. The lowest was 13.12. And the median was 16.64.

FRA:X62's Days Payable is ranked worse than
97.95% of 341 companies
in the Aerospace & Defense industry
Industry Median: 64.65 vs FRA:X62: 18.39

Optex Systems Holdings's Days Payable declined from Mar. 2025 (17.01) to Mar. 2026 (16.76). It may suggest that Optex Systems Holdings accelerated paying its suppliers.


Optex Systems Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Optex Systems Holdings'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.

Optex Systems Holdings Days Payable Chart

Optex Systems Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.07 12.20 15.06 15.06 17.26

Optex Systems Holdings 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 17.01 20.81 19.26 18.91 16.76

FRA:X62 vs SPAI, BYRN, VWAV: Days Payable Comparison

For the Aerospace & Defense subindustry, Optex Systems Holdings'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.


Optex Systems Holdings Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Optex Systems Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Optex Systems Holdings's Days Payable falls into.


FRA:X62
91GF Score
Optex Systems Holdings Inc FRA:X62
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Optex Systems Holdings 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.

Optex Systems Holdings's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1.06 + 1.299) / 2 ) / 24.946*365
=1.1795 / 24.946*365
=17.26

Optex Systems Holdings'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
=( (1.196 + 0.785) / 2 ) / 5.393*365 / 4
=0.9905 / 5.393*365 / 4
=16.76

* 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 16.76 mean?
Optex Systems Holdings (FRA:X62) has a Days Payable of 16.76 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 Optex Systems Holdings and its competitors. This is near median its historical median of 16.64. Over the past decade, Optex Systems Holdings' Days Payable has ranged from 13.12 to 27.72. According to the industry distribution chart, Optex Systems Holdings ranks #334 out of 341 companies in the Aerospace & Defense industry, placing it in the top 97.9%.
Is Optex Systems Holdings' Days Payable too high?
Optex Systems Holdings' current Days Payable of 16.76 is near median its 10-year median of 16.64. Over the past 10 years, this metric has ranged from a low of 13.12 to a high of 27.72. The Aerospace & Defense industry median Days Payable is 64.65. Optex Systems Holdings' value of 16.76 is 74.1% below this industry median. Based on the distribution chart, Optex Systems Holdings ranks #334 out of 341 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Optex Systems Holdings has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Optex Systems Holdings' Days Payable compare to SPAI and BYRN?
According to the Aerospace & Defense industry distribution chart, Optex Systems Holdings ranks #334 out of 341 companies for Days Payable. This places Optex Systems Holdings in the lower half of its industry. The industry median Days Payable is 64.65. Optex Systems Holdings' value of 16.76 is 74.1% below this benchmark. Historically, Optex Systems Holdings' own Days Payable has ranged from 13.12 to 27.72 over the past decade. While the company's 10-year median is 16.64 vs. the industry median of 64.65, Optex Systems Holdings 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 64.65, based on 341 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. Optex Systems Holdings's current Days Payable of 16.76 is 74.1% 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 Optex Systems Holdings and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Optex Systems Holdings's current Days Payable is 16.76, which is near median its own 10-year median of 16.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optex Systems Holdings stock overvalued right now?
Based on GuruFocus' analysis, Optex Systems Holdings (FRA:X62) is currently considered Fairly Valued. The stock's GF Value™ is €10.32, compared to a current price of €11.30 — trading 9.5% above its estimated fair value. The current Days Payable is 16.76, which is near median its 10-year median of 16.64 and 74.1% below the Aerospace & Defense industry median of 64.65. Optex Systems Holdings' overall GF Score™ is 91/100 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 Optex Systems Holdings (FRA:X62), the current Days Payable is 16.76 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 Optex Systems Holdings (FRA:X62) Overvalued in 2026?

Based on GuruFocus' analysis, Optex Systems Holdings stock appears to be overvalued. The current stock price of €11.30 is trading 9.5% above its estimated GF Value™ of €10.32. GuruFocus considers Optex Systems Holdings to be Fairly Valued.

Key valuation signals for FRA:X62:

  • Days Payable: 16.76 (near median its 10-year median of 16.64)
  • GF Value™: €10.32 vs. price of €11.30 (9.5% above fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 74.1% below the Aerospace & Defense median (#334 of 341)

No single metric tells the full story. See the FRA:X62 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Optex Systems Holdings Business Description

Other Exchanges OPXS:USAX62:Germany
Address 1420 Presidential Drive, Richardson, TX, USA, 75081-2439
Optex Systems Holdings Inc manufactures optical sighting systems and assemblies for the U.S. Department of Defense, foreign military applications, and commercial markets. Its products are installed on a variety of United States military land vehicles, such as the Abrams and Bradley fighting vehicles, light armored and security vehicles, and have been selected for installation on the Stryker family of vehicles. The company's operating segment includes Optex Systems Richardson, Applied Optics Center Dallas, and others. It generates maximum revenue from the Optex Systems Richardson segment. Some of its products include M17 Day/Thermal Periscope; DDAN / M36 Sights; Laser Protected Periscopes; Muzzle Reference Sensor, and others.
91GF Score

Get the complete analysis for FRA:X62

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

€11.30
Price
€10.32
GF Value