GRNWF (Greenlane Renewables) Days Payable: 87.19 (As of Mar. 2026) — 192% Above Median


GRNWF Greenlane Renewables Inc GRNWF
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Price $0.13
GF Value $0.07
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Greenlane Renewables Days Payable?

Greenlane Renewables GRNWF -21.57% 50 Days Payable is 87.19 as of Mar. 2026, which is 192% above its 10-year median of 29.89. GuruFocus rates GRNWF with a GF Score™ of 50/100 and a GF Value™ of $0.07 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,987 Industrial Products companies, Greenlane Renewables ranks worse than 64.48% on this metric.

Greenlane Renewables's average Accounts Payable for the three months ended in Mar. 2026 was $3.98 Mil. Greenlane Renewables's Cost of Goods Sold for the three months ended in Mar. 2026 was $4.17 Mil. Hence, Greenlane Renewables's Days Payable for the three months ended in Mar. 2026 was 87.19.

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

GRNWF' s Days Payable Range Over the Past 10 Years
Min: 5.45   Med: 29.89   Max: 61.09
Current: 56.56

During the past 8 years, Greenlane Renewables's highest Days Payable was 61.09. The lowest was 5.45. And the median was 29.89.

GRNWF's Days Payable is ranked worse than
64.48% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs GRNWF: 56.56

Greenlane Renewables's Days Payable increased from Mar. 2025 (60.84) to Mar. 2026 (87.19). It may suggest that Greenlane Renewables delayed paying its suppliers.


Greenlane Renewables Days Payable Historical Data

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The historical data trend for Greenlane Renewables'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.

Greenlane Renewables Days Payable Chart

Greenlane Renewables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 5.45 14.84 29.68 31.03 60.46

Greenlane Renewables 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 60.84 37.71 46.97 65.66 87.19

GRNWF vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Greenlane Renewables'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.


Greenlane Renewables Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greenlane Renewables's Days Payable distribution charts can be found below:

* The bar in red indicates where Greenlane Renewables's Days Payable falls into.


GRNWF
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Greenlane Renewables Inc GRNWF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenlane Renewables 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.

Greenlane Renewables'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
=( (2.036 + 4.277) / 2 ) / 19.057*365
=3.1565 / 19.057*365
=60.46

Greenlane Renewables'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
=( (4.277 + 3.684) / 2 ) / 4.166*365 / 4
=3.9805 / 4.166*365 / 4
=87.19

* 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 87.19 mean?
Greenlane Renewables (GRNWF) has a Days Payable of 87.19 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 Greenlane Renewables and its competitors. This is 192% above median its historical median of 29.89. Over the past decade, Greenlane Renewables' Days Payable has ranged from 5.45 to 61.09. According to the industry distribution chart, Greenlane Renewables ranks #1926 out of 2987 companies in the Industrial Products industry, placing it in the top 64.5%.
Is Greenlane Renewables' Days Payable too high?
Greenlane Renewables' current Days Payable of 87.19 is 192% above median its 10-year median of 29.89. Over the past 10 years, this metric has ranged from a low of 5.45 to a high of 61.09. The Industrial Products industry median Days Payable is 78.05. Greenlane Renewables' value of 87.19 is 11.7% above this industry median. Based on the distribution chart, Greenlane Renewables ranks #1926 out of 2987 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Greenlane Renewables has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenlane Renewables' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Greenlane Renewables ranks #1926 out of 2987 companies for Days Payable. This places Greenlane Renewables in the lower half of its industry. The industry median Days Payable is 78.05. Greenlane Renewables' value of 87.19 is 11.7% above this benchmark. Historically, Greenlane Renewables' own Days Payable has ranged from 5.45 to 61.09 over the past decade. While the company's 10-year median is 29.89 vs. the industry median of 78.05, Greenlane Renewables 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Greenlane Renewables's current Days Payable of 87.19 is 11.7% 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 Greenlane Renewables and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlane Renewables's current Days Payable is 87.19, which is 192% above median its own 10-year median of 29.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlane Renewables stock overvalued right now?
Based on GuruFocus' analysis, Greenlane Renewables (GRNWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.07, compared to a current price of $0.13 — trading 82.9% above its estimated fair value. The current Days Payable is 87.19, which is 192% above median its 10-year median of 29.89 and 11.7% above the Industrial Products industry median of 78.05. Greenlane Renewables' overall GF Score™ is 50/100 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 Greenlane Renewables (GRNWF), the current Days Payable is 87.19 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 Greenlane Renewables (GRNWF) Overvalued in 2026?

Based on GuruFocus' analysis, Greenlane Renewables stock appears to be overvalued. The current stock price of $0.13 is trading 82.9% above its estimated GF Value™ of $0.07. GuruFocus considers Greenlane Renewables to be Significantly Overvalued.

Key valuation signals for GRNWF:

  • Days Payable: 87.19 (192% above median its 10-year median of 29.89)
  • GF Value™: $0.07 vs. price of $0.13 (82.9% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 11.7% above the Industrial Products median (#1926 of 2987)

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


Greenlane Renewables Business Description

Other Exchanges 52G:GermanyGRN:Canada
Address 3605 Gilmore Way, Suite 110, Burnaby, BC, CAN, V5G 4X5
Greenlane Renewables Inc is a provider of biogas desulfurization and upgrading systems and services. Its systems enable the production of clean, high-value, renewable natural gas from organic-waste sources, including landfills, sugar mills, dairy farms, wastewater, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The products offered by the company are marketed and sold under its Greenlane Cascade and Airdep product brands. Greenlane generates maximum revenue from sales of its multiple product lines of biogas desulfurization and upgrading equipment (System Sales), and the rest from parts and service, and technology licensing (Royalty Contracts). Geographically, the company generates maximum revenue from Europe.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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Price
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