HRI (Herc Holdings) Days Payable: 31.15 (As of Mar. 2026) — 18% Below Median


HRI Herc Holdings Inc HRI
86 GF Score
Price $151.26
GF Value $168.69
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Herc Holdings Days Payable?

Herc Holdings HRI -1.14% 86 Days Payable is 31.15 as of Mar. 2026, which is 18% below its 10-year median of 37.77. GuruFocus rates HRI with a GF Score™ of 86/100 and a GF Value™ of $168.69 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 943 Business Services companies, Herc Holdings ranks worse than 62.57% on this metric.

Herc Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $278 Mil. Herc Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $813 Mil. Hence, Herc Holdings's Days Payable for the three months ended in Mar. 2026 was 31.15.

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

HRI' s Days Payable Range Over the Past 10 Years
Min: 32.37   Med: 37.77   Max: 65.22
Current: 32.37

During the past 13 years, Herc Holdings's highest Days Payable was 65.22. The lowest was 32.37. And the median was 37.77.

HRI's Days Payable is ranked worse than
62.57% of 943 companies
in the Business Services industry
Industry Median: 46.92 vs HRI: 32.37

Herc Holdings's Days Payable declined from Mar. 2025 (32.01) to Mar. 2026 (31.15). It may suggest that Herc Holdings accelerated paying its suppliers.


Herc Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Herc Holdings'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.

Herc Holdings Days Payable Chart

Herc Holdings 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 56.32 65.22 46.98 37.85 36.59

Herc Holdings 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 32.01 33.10 36.12 39.17 31.15

HRI vs WSC, EQPT, GATX: Days Payable Comparison

For the Rental & Leasing Services subindustry, Herc Holdings'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.


Herc Holdings Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Herc Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Herc Holdings's Days Payable falls into.


HRI
86GF Score
Herc Holdings Inc HRI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Herc Holdings 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.

Herc Holdings'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
=( (248 + 337) / 2 ) / 2918*365
=292.5 / 2918*365
=36.59

Herc Holdings'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
=( (337 + 218) / 2 ) / 813*365 / 4
=277.5 / 813*365 / 4
=31.15

* 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 31.15 mean?
Herc Holdings (HRI) has a Days Payable of 31.15 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 Herc Holdings and its competitors. This is 18% below median its historical median of 37.77. Over the past decade, Herc Holdings' Days Payable has ranged from 32.37 to 65.22. According to the industry distribution chart, Herc Holdings ranks #590 out of 943 companies in the Business Services industry, placing it in the top 62.6%.
Is Herc Holdings' Days Payable too high?
Herc Holdings' current Days Payable of 31.15 is 18% below median its 10-year median of 37.77. Over the past 10 years, this metric has ranged from a low of 32.37 to a high of 65.22. The Business Services industry median Days Payable is 46.92. Herc Holdings' value of 31.15 is 33.6% below this industry median. Based on the distribution chart, Herc Holdings ranks #590 out of 943 companies in the Business Services industry, which is below the industry midpoint. Overall, Herc Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Herc Holdings' Days Payable compare to WSC and EQPT?
According to the Business Services industry distribution chart, Herc Holdings ranks #590 out of 943 companies for Days Payable. This places Herc Holdings in the lower half of its industry. The industry median Days Payable is 46.92. Herc Holdings' value of 31.15 is 33.6% below this benchmark. Historically, Herc Holdings' own Days Payable has ranged from 32.37 to 65.22 over the past decade. While the company's 10-year median is 37.77 vs. the industry median of 46.92, Herc Holdings 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Herc Holdings's current Days Payable of 31.15 is 33.6% 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 Herc Holdings and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Herc Holdings's current Days Payable is 31.15, which is 18% below median its own 10-year median of 37.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Herc Holdings stock overvalued right now?
Based on GuruFocus' analysis, Herc Holdings (HRI) is currently considered Modestly Undervalued. The stock's GF Value™ is $168.69, compared to a current price of $151.26 — trading 10.3% below its estimated fair value. The current Days Payable is 31.15, which is 18% below median its 10-year median of 37.77 and 33.6% below the Business Services industry median of 46.92. Herc Holdings' overall GF Score™ is 86/100 with 9 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 Herc Holdings (HRI), the current Days Payable is 31.15 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 Herc Holdings (HRI) Overvalued in 2026?

Based on GuruFocus' analysis, Herc Holdings stock appears to be undervalued. The current stock price of $151.26 is trading 10.3% below its estimated GF Value™ of $168.69. GuruFocus considers Herc Holdings to be Modestly Undervalued.

Key valuation signals for HRI:

  • Days Payable: 31.15 (18% below median its 10-year median of 37.77)
  • GF Value™: $168.69 vs. price of $151.26 (10.3% below fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 33.6% below the Business Services median (#590 of 943)

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


Herc Holdings Business Description

Other Exchanges 0J4L:UKH9B1:Germany
Address 27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134
Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest player in North America, after United Rentals and Sunbelt Rentals, with an approximate 6% market share pro forma for its 2025 acquisition of H&E Equipment Services. It serves a similar mix of companies to its peers (industrial, commercial, and residential construction) from its 450 locations targeting the top 100 metropolitan markets in the US. Herc's rental fleet of approximately $7 billion is also similar in composition to its peer group in terms of equipment offered. The company is also pursuing diversification by bundling and increasing specialty solutions for its customer base. Herc's portfolio skews toward local customers versus national accounts (60%/40%).
86GF Score

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

$151.26
Price
$168.69
GF Value