HEOL (Highwater Ethanol LLC) Days Payable: 23.36 (As of Apr. 2026) — 23% Below Median


HEOL Highwater Ethanol LLC HEOL
24 GF Score
Price $14,901.00
GF Value $11,817.74
! 4 Warning Signs
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What is Highwater Ethanol LLC Days Payable?

Highwater Ethanol LLC HEOL +6.40% 24 Days Payable is 23.36 as of Apr. 2026, which is 23% below its 10-year median of 30.38. GuruFocus rates HEOL with a GF Score™ of 24/100 and a GF Value™ of $11,817.74. The stock has 4 warning signs investors should review. Among 854 Oil & Gas companies, Highwater Ethanol LLC ranks worse than 83.72% on this metric.

Highwater Ethanol LLC's average Accounts Payable for the three months ended in Apr. 2026 was $8.2 Mil. Highwater Ethanol LLC's Cost of Goods Sold for the three months ended in Apr. 2026 was $31.9 Mil. Hence, Highwater Ethanol LLC's Days Payable for the three months ended in Apr. 2026 was 23.36.

The historical rank and industry rank for Highwater Ethanol LLC's Days Payable or its related term are showing as below:

HEOL' s Days Payable Range Over the Past 10 Years
Min: 8.52   Med: 30.38   Max: 49.37
Current: 22.34

During the past 13 years, Highwater Ethanol LLC's highest Days Payable was 49.37. The lowest was 8.52. And the median was 30.38.

HEOL's Days Payable is ranked worse than
83.72% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs HEOL: 22.34

Highwater Ethanol LLC's Days Payable increased from Apr. 2025 (18.68) to Apr. 2026 (23.36). It may suggest that Highwater Ethanol LLC delayed paying its suppliers.


Highwater Ethanol LLC Days Payable Historical Data

* Premium members only.

The historical data trend for Highwater Ethanol LLC'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.

Highwater Ethanol LLC Days Payable Chart

Highwater Ethanol LLC Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.38 35.70 39.48 49.37 38.04

Highwater Ethanol LLC Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 18.68 17.51 24.69 28.67 23.36

HEOL vs BDCO, DLXY, FGPR: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Highwater Ethanol LLC'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.


Highwater Ethanol LLC Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Highwater Ethanol LLC's Days Payable distribution charts can be found below:

* The bar in red indicates where Highwater Ethanol LLC's Days Payable falls into.


HEOL
24GF Score
Highwater Ethanol LLC HEOL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Highwater Ethanol LLC 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.

Highwater Ethanol LLC's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (17.162 + 10.257) / 2 ) / 131.56*365
=13.7095 / 131.56*365
=38.04

Highwater Ethanol LLC's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (9.148 + 7.188) / 2 ) / 31.905*365 / 4
=8.168 / 31.905*365 / 4
=23.36

* 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 23.36 mean?
Highwater Ethanol LLC (HEOL) has a Days Payable of 23.36 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Highwater Ethanol LLC and its competitors. This is 23% below median its historical median of 30.38. Over the past decade, Highwater Ethanol LLC's Days Payable has ranged from 8.52 to 49.37. According to the industry distribution chart, Highwater Ethanol LLC ranks #715 out of 854 companies in the Oil & Gas industry, placing it in the top 83.7%.
Is Highwater Ethanol LLC's Days Payable too high?
Highwater Ethanol LLC's current Days Payable of 23.36 is 23% below median its 10-year median of 30.38. Over the past 10 years, this metric has ranged from a low of 8.52 to a high of 49.37. The Oil & Gas industry median Days Payable is 57.15. Highwater Ethanol LLC's value of 23.36 is 59.1% below this industry median. Based on the distribution chart, Highwater Ethanol LLC ranks #715 out of 854 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Highwater Ethanol LLC has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Highwater Ethanol LLC's Days Payable compare to BDCO and DLXY?
According to the Oil & Gas industry distribution chart, Highwater Ethanol LLC ranks #715 out of 854 companies for Days Payable. This places Highwater Ethanol LLC in the lower half of its industry. The industry median Days Payable is 57.15. Highwater Ethanol LLC's value of 23.36 is 59.1% below this benchmark. Historically, Highwater Ethanol LLC's own Days Payable has ranged from 8.52 to 49.37 over the past decade. While the company's 10-year median is 30.38 vs. the industry median of 57.15, Highwater Ethanol LLC 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.15, based on 854 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. Highwater Ethanol LLC's current Days Payable of 23.36 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 Highwater Ethanol LLC and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highwater Ethanol LLC's current Days Payable is 23.36, which is 23% below median its own 10-year median of 30.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highwater Ethanol LLC stock overvalued right now?
Highwater Ethanol LLC (HEOL) has a current Days Payable of 23.36. The stock's GF Value™ is $11,817.74, compared to a current price of $14,901.00 — trading 26.1% above its estimated fair value. The current Days Payable is 23.36, which is 23% below median its 10-year median of 30.38 and 59.1% below the Oil & Gas industry median of 57.15. Highwater Ethanol LLC's overall GF Score™ is 24/100 with 4 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 Highwater Ethanol LLC (HEOL), the current Days Payable is 23.36 as of Apr. 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 Highwater Ethanol LLC (HEOL) Overvalued in 2026?

Based on GuruFocus' analysis, Highwater Ethanol LLC stock appears to be overvalued. The current stock price of $14,901.00 is trading 26.1% above its estimated GF Value™ of $11,817.74.

Key valuation signals for HEOL:

  • Days Payable: 23.36 (23% below median its 10-year median of 30.38)
  • GF Value™: $11,817.74 vs. price of $14,901.00 (26.1% above fair value)
  • GF Score™: 24/100 with 4 warning signs
  • Industry Position: 59.1% below the Oil & Gas median (#715 of 854)

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


Highwater Ethanol LLC Business Description

Industry EnergyOil & Gas
Address 24500 US Highway 14, PO Box 96, Lamberton, MN, USA, 56152
Highwater Ethanol LLC is engaged in the production of ethanol and distillers grains at the plant. It focuses on the manufacturing and marketing of fuel-grade ethanol and the co-products of the ethanol production process. Its products include fuel-grade ethanol, distillers grains, and corn oil. The company produces and sells fuel ethanol and co-products of the fuel ethanol production process in the continental United States.
24GF Score

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

$14,901.00
Price
$11,817.74
GF Value