Terra Drone (HAM:KZ8) Days Payable: 51.17 (As of Jan. 2026) — 32% Above Median

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HAM:KZ8 Terra Drone Corp HAM:KZ8
9 GF Score
Price €83.10
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What is Terra Drone Days Payable?

Terra Drone HAM:KZ8 +13.03% 9 Days Payable is 51.17 as of Jan. 2026, which is 32% above its 10-year median of 38.73. GuruFocus rates HAM:KZ8 with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 340 Aerospace & Defense companies, Terra Drone ranks worse than 61.18% on this metric.

Terra Drone's average Accounts Payable for the three months ended in Jan. 2026 was €427 Mil. Terra Drone's Cost of Goods Sold for the three months ended in Jan. 2026 was €762 Mil. Hence, Terra Drone's Days Payable for the three months ended in Jan. 2026 was 51.17.

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

HAM:KZ8' s Days Payable Range Over the Past 10 Years
Min: 36.77   Med: 38.73   Max: 50.65
Current: 50.65

During the past 4 years, Terra Drone's highest Days Payable was 50.65. The lowest was 36.77. And the median was 38.73.

HAM:KZ8's Days Payable is ranked worse than
61.18% of 340 companies
in the Aerospace & Defense industry
Industry Median: 64.675 vs HAM:KZ8: 50.65

Terra Drone's Days Payable increased from Jan. 2025 (0.00) to Jan. 2026 (51.17). It may suggest that Terra Drone delayed paying its suppliers.


Terra Drone Days Payable Historical Data

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The historical data trend for Terra Drone'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.

Terra Drone Days Payable Chart

Terra Drone Annual Data
Trend Jan23 Jan24 Jan25 Jan26
Days Payable
40.15 36.77 37.30 46.70

Terra Drone Quarterly Data
Jan23 Jan24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Days Payable Get a 7-Day Free Trial Premium Member Only 33.90 44.19 65.32 51.17 58.52

HAM:KZ8 vs : Days Payable Comparison

For the Aerospace & Defense subindustry, Terra Drone'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.


Terra Drone Days Payable vs Aerospace & Defense Industry

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

* The bar in red indicates where Terra Drone's Days Payable falls into.


HAM:KZ8
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Terra Drone Corp HAM:KZ8
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Terra Drone 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.

Terra Drone's Days Payable for the fiscal year that ended in Jan. 2026 is calculated as

Days Payable (A: Jan. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2025 ) + Accounts Payable (A: Jan. 2026 )) / count ) / Cost of Goods Sold (A: Jan. 2026 )*Days in Period
=( (232.801 + 399.162) / 2 ) / 2469.677*365
=315.9815 / 2469.677*365
=46.70

Terra Drone's Days Payable for the quarter that ended in Jan. 2026 is calculated as:

Days Payable (Q: Jan. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2025 ) + Accounts Payable (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (455.188 + 399.162) / 2 ) / 761.793*365 / 4
=427.175 / 761.793*365 / 4
=51.17

* 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 51.17 mean?
Terra Drone (HAM:KZ8) has a Days Payable of 51.17 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Terra Drone and its competitors. This is 32% above median its historical median of 38.73. Over the past decade, Terra Drone's Days Payable has ranged from 36.77 to 50.65. According to the industry distribution chart, Terra Drone ranks #208 out of 340 companies in the Aerospace & Defense industry, placing it in the top 61.2%.
Is Terra Drone's Days Payable too high?
Terra Drone's current Days Payable of 51.17 is 32% above median its 10-year median of 38.73. Over the past 10 years, this metric has ranged from a low of 36.77 to a high of 50.65. The Aerospace & Defense industry median Days Payable is 64.68. Terra Drone's value of 51.17 is 20.9% below this industry median. Based on the distribution chart, Terra Drone ranks #208 out of 340 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Terra Drone has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Terra Drone's Days Payable compare to ?
According to the Aerospace & Defense industry distribution chart, Terra Drone ranks #208 out of 340 companies for Days Payable. This places Terra Drone in the lower half of its industry. The industry median Days Payable is 64.68. Terra Drone's value of 51.17 is 20.9% below this benchmark. Historically, Terra Drone's own Days Payable has ranged from 36.77 to 50.65 over the past decade. While the company's 10-year median is 38.73 vs. the industry median of 64.68, Terra Drone 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 64.68, based on 340 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. Terra Drone's current Days Payable of 51.17 is 20.9% 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 Terra Drone and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terra Drone's current Days Payable is 51.17, which is 32% above median its own 10-year median of 38.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terra Drone stock overvalued right now?
Terra Drone (HAM:KZ8) has a current Days Payable of 51.17. The current Days Payable is 51.17, which is 32% above median its 10-year median of 38.73 and 20.9% below the Aerospace & Defense industry median of 64.68. Terra Drone's overall GF Score™ is 9/100 with 5 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 Terra Drone (HAM:KZ8), the current Days Payable is 51.17 as of Jan. 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.

Terra Drone Business Description

Comparable Companies
Other Exchanges 278A:Japan
Address 2-12-19 Shibuya, Token International Building 3rd Floor, Shibuya-ku, Tokyo, JPN, 150-0002
Terra Drone Corp is engaged in developing hardware and software for drones for surveying, inspection, and agriculture, providing related services, and developing and providing systems for managing the safe and efficient operation of drones and flying cars (UTM).
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