HKHC (Horizon Kinetics Holding) Days Payable: 639.89 (As of Mar. 2026) — 1402% Above Median


HKHC Horizon Kinetics Holding Corp HKHC
56 GF Score
Price $33.00
GF Value $27.87
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Horizon Kinetics Holding Days Payable?

Horizon Kinetics Holding HKHC 56 Days Payable is 639.89 as of Mar. 2026, which is 1402% above its 10-year median of 42.60. GuruFocus rates HKHC with a GF Score™ of 56/100 and a GF Value™ of $27.87 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 480 Asset Management companies, Horizon Kinetics Holding ranks better than 83.33% on this metric.

Horizon Kinetics Holding's average Accounts Payable for the three months ended in Mar. 2026 was $99.57 Mil. Horizon Kinetics Holding's Cost of Goods Sold for the three months ended in Mar. 2026 was $14.20 Mil. Hence, Horizon Kinetics Holding's Days Payable for the three months ended in Mar. 2026 was 639.89.

The historical rank and industry rank for Horizon Kinetics Holding's Days Payable or its related term are showing as below:

HKHC' s Days Payable Range Over the Past 10 Years
Min: 28.75   Med: 42.6   Max: 513.49
Current: 513.49

During the past 13 years, Horizon Kinetics Holding's highest Days Payable was 513.49. The lowest was 28.75. And the median was 42.60.

HKHC's Days Payable is ranked better than
83.33% of 480 companies
in the Asset Management industry
Industry Median: 70.83 vs HKHC: 513.49

Horizon Kinetics Holding's Days Payable increased from Mar. 2025 (246.46) to Mar. 2026 (639.89). It may suggest that Horizon Kinetics Holding delayed paying its suppliers.


Horizon Kinetics Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Horizon Kinetics Holding'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.

Horizon Kinetics Holding Days Payable Chart

Horizon Kinetics Holding 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 47.15 460.40 75.35 158.99 209.57

Horizon Kinetics Holding 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 246.46 244.35 231.62 212.39 639.89

HKHC vs VINP, PDT, NCDL: Days Payable Comparison

For the Asset Management subindustry, Horizon Kinetics Holding'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.


Horizon Kinetics Holding Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Horizon Kinetics Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Horizon Kinetics Holding's Days Payable falls into.


HKHC
56GF Score
Horizon Kinetics Holding Corp HKHC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon Kinetics Holding 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.

Horizon Kinetics Holding'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
=( (23.033 + 13.745) / 2 ) / 32.028*365
=18.389 / 32.028*365
=209.57

Horizon Kinetics Holding'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
=( (13.745 + 185.396) / 2 ) / 14.199*365 / 4
=99.5705 / 14.199*365 / 4
=639.89

* 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 639.89 mean?
Horizon Kinetics Holding (HKHC) has a Days Payable of 639.89 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 Horizon Kinetics Holding and its competitors. This is 1402% above median its historical median of 42.60. Over the past decade, Horizon Kinetics Holding's Days Payable has ranged from 28.75 to 513.49. According to the industry distribution chart, Horizon Kinetics Holding ranks #80 out of 480 companies in the Asset Management industry, placing it in the top 16.7%.
Is Horizon Kinetics Holding's Days Payable too high?
Horizon Kinetics Holding's current Days Payable of 639.89 is 1402% above median its 10-year median of 42.60. Over the past 10 years, this metric has ranged from a low of 28.75 to a high of 513.49. The Asset Management industry median Days Payable is 70.83. Horizon Kinetics Holding's value of 639.89 is 803.4% above this industry median. Based on the distribution chart, Horizon Kinetics Holding ranks #80 out of 480 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Horizon Kinetics Holding has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horizon Kinetics Holding's Days Payable compare to VINP and PDT?
According to the Asset Management industry distribution chart, Horizon Kinetics Holding ranks #80 out of 480 companies for Days Payable. This places Horizon Kinetics Holding in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.83. Horizon Kinetics Holding's value of 639.89 is 803.4% above this benchmark. Historically, Horizon Kinetics Holding's own Days Payable has ranged from 28.75 to 513.49 over the past decade. While the company's 10-year median is 42.60 vs. the industry median of 70.83, Horizon Kinetics Holding 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 Asset Management company?
The median Days Payable among Asset Management companies is 70.83, based on 480 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. Horizon Kinetics Holding's current Days Payable of 639.89 is 803.4% 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 Horizon Kinetics Holding and its competitors. For the Asset Management industry, the median Days Payable is 70.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Kinetics Holding's current Days Payable is 639.89, which is 1402% above median its own 10-year median of 42.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Kinetics Holding stock overvalued right now?
Based on GuruFocus' analysis, Horizon Kinetics Holding (HKHC) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.87, compared to a current price of $33.00 — trading 18.4% above its estimated fair value. The current Days Payable is 639.89, which is 1402% above median its 10-year median of 42.60 and 803.4% above the Asset Management industry median of 70.83. Horizon Kinetics Holding's overall GF Score™ is 56/100 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 Horizon Kinetics Holding (HKHC), the current Days Payable is 639.89 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 Horizon Kinetics Holding (HKHC) Overvalued in 2026?

Based on GuruFocus' analysis, Horizon Kinetics Holding stock appears to be overvalued. The current stock price of $33.00 is trading 18.4% above its estimated GF Value™ of $27.87. GuruFocus considers Horizon Kinetics Holding to be Modestly Overvalued.

Key valuation signals for HKHC:

  • Days Payable: 639.89 (1402% above median its 10-year median of 42.60)
  • GF Value™: $27.87 vs. price of $33.00 (18.4% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 803.4% above the Asset Management median (#80 of 480)

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


Horizon Kinetics Holding Business Description

Address 470 Park Avenue S, New York, NY, USA, 10061
Horizon Kinetics Holding Corp offers investment advisory services. The company provides proprietary research and investment advisory services for alternative value-based investing strategies. The fees earned, which include both management and performance fees, depend upon several factors, including the investment strategies, size of account and servicing needs. Geographically, the company operates in United States.
56GF Score

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

$33.00
Price
$27.87
GF Value