HE (Hawaiian Electric Industries) Days Payable: 28.91 (As of Mar. 2026) — Near Median


HE Hawaiian Electric Industries Inc HE
64 GF Score
Price $13.57
GF Value $8.02
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hawaiian Electric Industries Days Payable?

Hawaiian Electric Industries HE +2.26% 64 Days Payable is 28.91 as of Mar. 2026, which is 5% above its 10-year median of 27.56. GuruFocus rates HE with a GF Score™ of 64/100 and a GF Value™ of $8.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 481 Utilities - Regulated companies, Hawaiian Electric Industries ranks worse than 85.86% on this metric.

Hawaiian Electric Industries's average Accounts Payable for the three months ended in Mar. 2026 was $220 Mil. Hawaiian Electric Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was $693 Mil. Hence, Hawaiian Electric Industries's Days Payable for the three months ended in Mar. 2026 was 28.91.

The historical rank and industry rank for Hawaiian Electric Industries's Days Payable or its related term are showing as below:

HE' s Days Payable Range Over the Past 10 Years
Min: 14.9   Med: 27.56   Max: 32.42
Current: 27.96

During the past 13 years, Hawaiian Electric Industries's highest Days Payable was 32.42. The lowest was 14.90. And the median was 27.56.

HE's Days Payable is ranked worse than
85.86% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.61 vs HE: 27.96

Hawaiian Electric Industries's Days Payable increased from Mar. 2025 (27.48) to Mar. 2026 (28.91). It may suggest that Hawaiian Electric Industries delayed paying its suppliers.


Hawaiian Electric Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Hawaiian Electric Industries'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.

Hawaiian Electric Industries Days Payable Chart

Hawaiian Electric Industries 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 28.73 26.55 27.28 14.90 27.04

Hawaiian Electric Industries 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 27.48 28.99 27.82 26.95 28.91

HE vs MGEE, IMSR, NKLR: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, Hawaiian Electric Industries'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.


Hawaiian Electric Industries Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hawaiian Electric Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Hawaiian Electric Industries's Days Payable falls into.


HE
64GF Score
Hawaiian Electric Industries Inc HE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hawaiian Electric Industries 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.

Hawaiian Electric Industries'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
=( (203.452 + 219.062) / 2 ) / 2851.574*365
=211.257 / 2851.574*365
=27.04

Hawaiian Electric Industries'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
=( (219.062 + 220.103) / 2 ) / 693.07*365 / 4
=219.5825 / 693.07*365 / 4
=28.91

* 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 28.91 mean?
Hawaiian Electric Industries (HE) has a Days Payable of 28.91 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 Hawaiian Electric Industries and its competitors. This is near median its historical median of 27.56. Over the past decade, Hawaiian Electric Industries' Days Payable has ranged from 14.90 to 32.42. According to the industry distribution chart, Hawaiian Electric Industries ranks #413 out of 481 companies in the Utilities - Regulated industry, placing it in the top 85.9%.
Is Hawaiian Electric Industries' Days Payable too high?
Hawaiian Electric Industries' current Days Payable of 28.91 is near median its 10-year median of 27.56. Over the past 10 years, this metric has ranged from a low of 14.90 to a high of 32.42. The Utilities - Regulated industry median Days Payable is 70.61. Hawaiian Electric Industries' value of 28.91 is 59.1% below this industry median. Based on the distribution chart, Hawaiian Electric Industries ranks #413 out of 481 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Hawaiian Electric Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hawaiian Electric Industries' Days Payable compare to MGEE and IMSR?
According to the Utilities - Regulated industry distribution chart, Hawaiian Electric Industries ranks #413 out of 481 companies for Days Payable. This places Hawaiian Electric Industries in the lower half of its industry. The industry median Days Payable is 70.61. Hawaiian Electric Industries' value of 28.91 is 59.1% below this benchmark. Historically, Hawaiian Electric Industries' own Days Payable has ranged from 14.90 to 32.42 over the past decade. While the company's 10-year median is 27.56 vs. the industry median of 70.61, Hawaiian Electric Industries 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.61, based on 481 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. Hawaiian Electric Industries's current Days Payable of 28.91 is 59.1% 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 Hawaiian Electric Industries and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hawaiian Electric Industries's current Days Payable is 28.91, which is near median its own 10-year median of 27.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hawaiian Electric Industries stock overvalued right now?
Based on GuruFocus' analysis, Hawaiian Electric Industries (HE) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.02, compared to a current price of $13.57 — trading 69.2% above its estimated fair value. The current Days Payable is 28.91, which is near median its 10-year median of 27.56 and 59.1% below the Utilities - Regulated industry median of 70.61. Hawaiian Electric Industries' overall GF Score™ is 64/100 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 Hawaiian Electric Industries (HE), the current Days Payable is 28.91 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 Hawaiian Electric Industries (HE) Overvalued in 2026?

Based on GuruFocus' analysis, Hawaiian Electric Industries stock appears to be overvalued. The current stock price of $13.57 is trading 69.2% above its estimated GF Value™ of $8.02. GuruFocus considers Hawaiian Electric Industries to be Significantly Overvalued.

Key valuation signals for HE:

  • Days Payable: 28.91 (near median its 10-year median of 27.56)
  • GF Value™: $8.02 vs. price of $13.57 (69.2% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 59.1% below the Utilities - Regulated median (#413 of 481)

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


Hawaiian Electric Industries Business Description

Other Exchanges HWI:Germany
Address 1001 Bishop Street, Suite 2900, Honolulu, HI, USA, 96813
Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and owns a 10% minority interest in Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai.
64GF Score

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

$13.57
Price
$8.02
GF Value