Gray MediaGTN +3.42%66 Days Payable is 21.44 as of Mar. 2026, which is 296% above its 10-year median of 5.41. GuruFocus rates GTN with a GF Score™ of 66/100 and a GF Value™ of $4.19 (Fairly Valued). The stock has 8 warning signs investors should review. Among 916 Media - Diversified companies, Gray Media ranks worse than 92.9% on this metric.
Gray Media's average Accounts Payable for the
three
months ended in Mar. 2026 was $137 Mil. Gray Media's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $583 Mil.
Hence, Gray Media's Days Payable for the
three
months ended in Mar. 2026 was 21.44.
The historical rank and industry rank for Gray Media's Days Payable or its related term are showing as below:
GTN'
s Days Payable Range Over the Past 10 Years
Min: 2.48 Med: 5.41 Max: 23.3
Current: 14.03
During the past 13 years, Gray Media's highest Days Payable was 23.30. The lowest was 2.48. And the median was 5.41.
GTN's Days Payable is ranked worse than 92.9% of 916
companies
in the Media - Diversified industry
Industry Median: 83.895
vs GTN: 14.03
Gray Media's Days Payable
increased
from Mar. 2025 (17.27) to Mar. 2026 (21.44).
It may suggest that Gray Mediadelayed paying its suppliers.
Gray Media Days Payable Related Terms
Gray Media Days Payable Historical Data
* Premium members only.
The historical data trend for Gray Media'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.
For the Broadcasting subindustry, Gray Media'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.
Gray Media Days Payable vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Gray Media's Days Payable distribution charts can be found below:
* The bar in red indicates where Gray Media'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.
Gray Media'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.
Gray Media (GTN) has a Days Payable of 21.44 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 Gray Media and its competitors. This is 296% above median its historical median of 5.41. Over the past decade, Gray Media's Days Payable has ranged from 2.48 to 23.30. According to the industry distribution chart, Gray Media ranks #851 out of 916 companies in the Media - Diversified industry, placing it in the top 92.9%.
Is Gray Media's Days Payable too high?
Gray Media's current Days Payable of 21.44 is 296% above median its 10-year median of 5.41. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 23.30. The Media - Diversified industry median Days Payable is 83.90. Gray Media's value of 21.44 is 74.4% below this industry median. Based on the distribution chart, Gray Media ranks #851 out of 916 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Gray Media has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gray Media's Days Payable compare to CAST and FUBO?
According to the Media - Diversified industry distribution chart, Gray Media ranks #851 out of 916 companies for Days Payable. This places Gray Media in the lower half of its industry. The industry median Days Payable is 83.90. Gray Media's value of 21.44 is 74.4% below this benchmark. Historically, Gray Media's own Days Payable has ranged from 2.48 to 23.30 over the past decade. While the company's 10-year median is 5.41 vs. the industry median of 83.90, Gray Media 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 a Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.90, based on 916 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. Gray Media's current Days Payable of 21.44 is 74.4% 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 Gray Media and its competitors. For the Media - Diversified industry, the median Days Payable is 83.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gray Media's current Days Payable is 21.44, which is 296% above median its own 10-year median of 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gray Media stock overvalued right now?
Based on GuruFocus' analysis, Gray Media (GTN) is currently considered Fairly Valued. The stock's GF Value™ is $4.19, compared to a current price of $3.93 — trading 6.2% below its estimated fair value. The current Days Payable is 21.44, which is 296% above median its 10-year median of 5.41 and 74.4% below the Media - Diversified industry median of 83.90. Gray Media's overall GF Score™ is 66/100 with 8 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 Gray Media (GTN), the current Days Payable is 21.44 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 Gray Media (GTN) Overvalued in 2026?
Based on GuruFocus' analysis, Gray Media stock appears to be undervalued.
The current stock price of $3.93 is trading 6.2% below its estimated GF Value™ of $4.19.
GuruFocus considers Gray Media to be Fairly Valued.
Key valuation signals for GTN:
Days Payable: 21.44 (296% above median its 10-year median of 5.41)
GF Value™: $4.19 vs. price of $3.93 (6.2% below fair value)
Industry Position: 74.4% below the Media - Diversified median (#851 of 916)
No single metric tells the full story. See the GTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. The company's segments include Broadcasting and Production Companies. The majority of revenue is derived from broadcast and digital advertising and from retransmission consent fees.
66GF Score
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